Phenolic Resins Market Is Expecting Growth In Demand From Laminate And Wood Adhesive Industries From 2014 To 2020: Grand View Research, Inc.

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New Market Research Reports Title Global Phenolic Resins Market Analysis Size And Segment Forecasts To 2020 Has Beed Added to GrandViewReseach.com Report Database. View full report with TOC - http://www.grandviewresearch.com/industry-analysis/phenolic-resins-market

Grand View Research

Volatility of crude oil and environmental regulations regarding formaldehyde emissions is expected to hamper industry growth.

Increased applications of phenolic molding compounds in automotive and aerospace industries is expected to impact the global phenolic resins market positively, according to a new study by Grand View Research, Inc.. The use of phenolic resins in the construction industry is expected to contribute significantly to market growth. Volatility of crude oil is expected to hamper industry growth as it is a vital constituent in the production process. Environmental norms regarding formaldehyde emissions may pose a challenge to phenolic resins market growth, as considerable investments have to be made to comply with environmental emission standards.

View Full report with TOC at http://www.grandviewresearch.com/industry-analysis/phenolic-resins-market

Further key findings from the study suggest:

  • Resol resins accounted for majority of the overall phenolic resins market volume in 2013, and are expected to dominate the market throughout the forecast period, on account of increased demand in laminates and wood adhesives. Novolac resins are expected to gain market share over the next six years.
  • Wood adhesives emerged as the leading application segment in 2013. The market for molding compounds is expected to witness high growth over the forecast period owing to increased demand from automotive and aerospace industries. Other applications include abrasives, coatings & varnishes, friction materials, and rubber adhesives.
  • Asia Pacific contributed to over 35% of the phenolic resins market volume in 2013 and is expected to remain the leading regional market over the next six years, which can be attributed to increased consumption of phenolic resins in automotive as well as infrastructure spending in India and China.
  • The market comprises a large number of companies, and is highly fragmented in nature. Key industry participants include BASF, Hitachi Chemical Co. Ltd., Georgia Pacific Chemicals LLC, Sumitomo Bakelite Co. Ltd., SI Group, Inc., Momentive Specialty Chemicals Inc., DIC Corporation, Kolon Industries Inc., Dujodwala Paper Chemicals Ltd., Prefere Resins, and Mitsui Chemicals Inc.

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For the purpose of this study, Grand View Research has segmented the global phenolic resins market on the basis of product, application and region:

Phenolic Resins Product Outlook (Volume, Kilo Tons & Revenue, USD Million; 2012 – 2020)

  •      Resol Resins
  •      Novolac Resins
  •      Others

Phenolic Resins Application Outlook (Volume, Kilo Tons & Revenue, USD Million; 2012 – 2020)

  •      Insulation
  •      Laminates
  •      Molding Compounds
  •      Wood Adhesives
  •      Others

Phenolic Resins Regional Outlook (Volume, Kilo Tons & Revenue, USD Million; 2012 – 2020)

  •      North America
  •      Europe
  •      Asia Pacific
  •      RoW

Browse all reports of this category at http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For more information, visit http://www.grandviewresearch.com/

Browse all upcoming reports by Grand View Research at http://www.grandviewresearch.com/ongoing-reports

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales(at)grandviewresearch(dot)com

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