Los Angeles, CA -- (SBWire) -- 04/10/2019 --Phenol formaldehyde resins (PF) or phenolic resins are synthetic polymers obtained by the reaction of phenol or substituted phenol with formaldehyde.

Currently, phenolic resins industry concentration is low, mainly concentrated in Asia and Europe, where production in Europe is relatively stable, while the world's fastest growing regions is Asia, mainly because of the rapid development of infrastructure in Asia.

Since the main application of phenolic resins are downstream wood processing industries, due to the low demand for manufacturing process of the product, so many wood-based panel companies have their own plant to produce phenolic resins, few external sales.

On the other hand, as many countries and regions to strengthen the requirements for free formaldehyde content in wood-based panels, they developed a stringent industry standard, as a result, small businesses are constantly being eliminated, especially in the Asia Pacific region.

The global Phenolic Resins market was 11700 million US$ in 2018 and is expected to 13400 million US$ by the end of 2025, growing at a CAGR of 1.9% between 2019 and 2025.

This report studies the Phenolic Resins market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Phenolic Resins in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Hexion

Sbhpp

SI Group

Jinan Shengquan Group

Tong Cheng

Allnex Belgium

Metadynea International

Georgia-Pacific Chemicals

Chang Chun Group

Prefere Resins

Kolon Industries

Plenco

Shandong Laiwu Runda

UCP Chemicals AG

Lerg SA

Aica Kogyo

BASF

Mitsui Chemicals

By the product type, the market is primarily split into

Thermoplastic Phenolic Resin

Thermosetting Phenolic Resin

By the end users/application, this report covers the following segments

Wood Adhesives

Foundry

Molding

Abrasive Material

Insulation

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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