Global Phenolic Resin Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, India, Japan, Germany - Size and Forecast 2024-2028

Published: Nov 2023 Pages: 175 SKU: IRTNTR44737

Phenolic Resin Market 2024-2028 

The phenolic resin market size is estimated to grow at a CAGR of 5.21% between 2023 and 2028. The market size is forecast to increase by USD 4.16 billion. The market's growth depends on several factors such as the increasing demand for phenolic resins in the automotive industry, the growing need in developing nations for phenolic resins, and the advantages of phenolic resins boosting phenolic resin market growth. 

This phenolic resin market report extensively covers market segmentation by product (novolac resin, resol resin, and others), application (molding, insulation, wood adhesives, laminates, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018-2022.

What will be the size of the Phenolic Resin Market During the Forecast Period?

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Phenolic Resin Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Phenolic Resin Market Driver

Increasing demand for phenolic resins in the automotive industry is the key factor driving market growth. The increase in demand for various molded products in the automotive industry, such as brake linings, clutch facing, and brake pads, will drive the demand for phenolic resins during the forecast period. In addition, the growing use of phenolic molding compounds to reduce fuel consumption and weight of the vehicle is expected to fuel the demand for phenolic resin molding compounds.

Moreover, the increase in the use of phenolic resins in applications such as wood adhesives, molding, and laminates is also expected to drive the phenolic resin market. The rise in the use of phenolic resins in impregnated materials signifies the larger growth in the global phenolic resin market due to the high promoting value of energy efficiency. Hence, these factors are expected to drive the growth of the global phenolic resin market during the forecast period.

Key Phenolic Resin Market Trends

The development of new products is the primary trend shaping market growth. Major phenolic resin players have raised their R&D spending to reduce their manufacturing and operation costs. Innovation and product extension to provide products with better efficiency and enhanced properties is a growing trend in this market. Companies such as Hexion have developed a new Bakelite phenolic resin for the manufacturing of coatings with ultra-low free formaldehyde (ULEF) content of less than 0.1% in 2017.

Furthermore, bakelite PF 7835 LB resin offers adhesion and substrate protection when used as a crosslinking agent for polyester and acrylic-based container coatings. These coatings are generally used as protective liners in tubes, food cans, aerosol cans, and other metal containers. Hence, such factors will drive the global phenolic resin market growth during the forecast period.

Key Phenolic Resin Market Challenge

The harmful effects of phenol exposure is a challenge that affects market growth. People residing near landfills, hazardous waste sites, or phenol manufacturing plants are at a high risk of phenol exposure. Phenol is present in numerous consumer products that are swallowed, rubbed on, or applied to various body parts. These include throat lozenges, mouthwashes, gargles, and antiseptic lotions. Phenol has been found in drinking water, air, and tobacco smoke. The presence of phenolic waste in close proximity to residential areas can contaminate the nearby water resources.

Moreover, exposure to phenol at the workplace can occur through inhaling contaminated air. However, skin contact with phenol during its manufacture and use is considered the major route of exposure in the workplace. Long-term exposure may lead to severe causes such as liver/kidney damage, skin burns, tremors, and twitching. The level of harm depends on the amount of dose, duration, and work being done. Thus, such factors may impede the growth of the global phenolic resin market during the forecast period.

Phenolic Resin Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Phenolic Resin Market Customer Landscape

Who are the Major Phenolic Resin Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Akrochem Corp.: The company offers phenolic resins such as tackifiers, heat reactive, terpene, and more.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Ashland Inc.
  • Bakelite GmbH
  • BASF SE
  • Bostik Ltd.
  • Chevron Corp.
  • DIC Corp.
  • DL Chemical
  • Georgia Pacific LLC
  • Hexcel Corp.
  • Jinan Shengquan Group Share Holding Co Ltd
  • Kolon Industries Inc.
  • Mitsui Chemicals Inc.
  • PJSC LUKOIL
  • Shandong Laiwu Runda New Material Co. Ltd.
  • Shell plc
  • SI Group Inc.
  • Sumitomo Bakelite Co. Ltd.
  • Prefere Resins Holding GmbH
  • Sasol Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Phenolic Resin Market?

The novolac resin segment is estimated to witness significant growth during the forecast period. Novolac resins are phenol-formaldehyde thermoplastic resins obtained through acid catalysis, which cannot react further without the addition of a cross-linking agent. Novolacs are commonly used as photoresists. Novolac resins are insoluble in water and are used in applications such as refractories, friction, abrasives, felt binding, wood molding, and electronics.

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The novolac resin segment was the largest segment and was valued at USD 7.30 billion in 2018Novolac resins are widely used in insulation as they offer high heat resistance and high strength properties. The market for novolac resins is expected to grow at a high CAGR because of their water resistance, high heat resistance, chemical resistance, high strength, and other functionalities. Thus, due to these specifications, the use and demand of novolac resin boosts the growth of the global phenolic resin market during the forecast period.

Which are the Key Regions for the Phenolic Resin Market?

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APAC is estimated to contribute 53% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC is one of the fastest-growing markets for phenolic resins, which is majorly dominated by China and India are the key contributors to APAC market growth. The growing use of phenolic resins in molding components, which is used in infrastructure and construction in developing countries such as China and India, is expected to drive the phenolic resin market growth in APAC. Hence, such factors are expected to drive market growth in this region during the forecast period.

The outbreak of COVID-19 in 2020 negatively impacted the growth of the phenolic resin market in APAC. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown and travel restrictions, which led to the resumption of activities in different industries, such as construction, automotive, and other end-user industries of phenolic resins. Hence, as the manufacturing and industrial sectors in the APAC will grow in the future, it will drive the demand for phenolic resins, thereby boosting the growth of the regional phenolic resin market during the forecast period.

Segment Overview

The phenolic resin market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Product Outlook 
    • Novolac resin
    • Resol resin
    • Others
  • Application Outlook 
    • Molding
    • Insulation
    • Wood adhesives
    • Laminates
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Phenolic Resin Market Scope

Report Coverage

Details

Page number

175

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.21%

Market Growth 2024-2028

USD 4.16 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

4.86

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 53%

Key countries

US, China, India, Japan, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Akrochem Corp., Ashland Inc., Bakelite GmbH, BASF SE, Bostik Ltd., Chevron Corp., DIC Corp., DL Chemical, Georgia Pacific LLC, Hexcel Corp., Jinan Shengquan Group Share Holding Co Ltd, Kolon Industries Inc., Mitsui Chemicals Inc., PJSC LUKOIL, Shandong Laiwu Runda New Material Co. Ltd., Shell plc, SI Group Inc., Sumitomo Bakelite Co. Ltd., Prefere Resins Holding GmbH, and Sasol Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Phenolic Resin Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global phenolic resin market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global phenolic resin market 2018 - 2022 ($ million)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Novolac resin - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Novolac resin - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Novolac resin - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Novolac resin - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Novolac resin - Year-over-year growth 2023-2028 (%)
    • 6.4 Resol resin - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Resol resin - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Resol resin - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Resol resin - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Resol resin - Year-over-year growth 2023-2028 (%)
    • 6.5 Others - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ million)
      • Exhibit 47: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 48: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 50: Chart on Comparison by Application
      • Exhibit 51: Data Table on Comparison by Application
    • 7.3 Molding - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Molding - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Molding - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Molding - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Molding - Year-over-year growth 2023-2028 (%)
    • 7.4 Insulation - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Insulation - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Insulation - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Insulation - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Insulation - Year-over-year growth 2023-2028 (%)
    • 7.5 Wood adhesives - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Wood adhesives - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Wood adhesives - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Wood adhesives - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Wood adhesives - Year-over-year growth 2023-2028 (%)
    • 7.6 Laminates - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Laminates - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Data Table on Laminates - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Chart on Laminates - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Laminates - Year-over-year growth 2023-2028 (%)
    • 7.7 Others - Market size and forecast 2023-2028
      • Exhibit 68: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 70: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.8 Market opportunity by Application
      • Exhibit 72: Market opportunity by Application ($ million)
      • Exhibit 73: Data Table on Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 103: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 India - Market size and forecast 2023-2028
      • Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 Germany - Market size and forecast 2023-2028
      • Exhibit 115: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 116: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 117: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 118: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ million)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 Akrochem Corp.
              • Exhibit 127: Akrochem Corp. - Overview
              • Exhibit 128: Akrochem Corp. - Product / Service
              • Exhibit 129: Akrochem Corp. - Key offerings
            • 12.4 Ashland Inc.
              • Exhibit 130: Ashland Inc. - Overview
              • Exhibit 131: Ashland Inc. - Business segments
              • Exhibit 132: Ashland Inc. - Key news
              • Exhibit 133: Ashland Inc. - Key offerings
              • Exhibit 134: Ashland Inc. - Segment focus
            • 12.5 Bakelite GmbH
              • Exhibit 135: Bakelite GmbH - Overview
              • Exhibit 136: Bakelite GmbH - Product / Service
              • Exhibit 137: Bakelite GmbH - Key offerings
            • 12.6 BASF SE
              • Exhibit 138: BASF SE - Overview
              • Exhibit 139: BASF SE - Business segments
              • Exhibit 140: BASF SE - Key news
              • Exhibit 141: BASF SE - Key offerings
              • Exhibit 142: BASF SE - Segment focus
            • 12.7 Bostik Ltd.
              • Exhibit 143: Bostik Ltd. - Overview
              • Exhibit 144: Bostik Ltd. - Product / Service
              • Exhibit 145: Bostik Ltd. - Key offerings
            • 12.8 Chevron Corp.
              • Exhibit 146: Chevron Corp. - Overview
              • Exhibit 147: Chevron Corp. - Business segments
              • Exhibit 148: Chevron Corp. - Key news
              • Exhibit 149: Chevron Corp. - Key offerings
              • Exhibit 150: Chevron Corp. - Segment focus
            • 12.9 DIC Corp.
              • Exhibit 151: DIC Corp. - Overview
              • Exhibit 152: DIC Corp. - Business segments
              • Exhibit 153: DIC Corp. - Key news
              • Exhibit 154: DIC Corp. - Key offerings
              • Exhibit 155: DIC Corp. - Segment focus
            • 12.10 DL Chemical
              • Exhibit 156: DL Chemical - Overview
              • Exhibit 157: DL Chemical - Product / Service
              • Exhibit 158: DL Chemical - Key offerings
            • 12.11 Georgia Pacific LLC
              • Exhibit 159: Georgia Pacific LLC - Overview
              • Exhibit 160: Georgia Pacific LLC - Product / Service
              • Exhibit 161: Georgia Pacific LLC - Key offerings
            • 12.12 Hexcel Corp.
              • Exhibit 162: Hexcel Corp. - Overview
              • Exhibit 163: Hexcel Corp. - Business segments
              • Exhibit 164: Hexcel Corp. - Key news
              • Exhibit 165: Hexcel Corp. - Key offerings
              • Exhibit 166: Hexcel Corp. - Segment focus
            • 12.13 Jinan Shengquan Group Share Holding Co Ltd
              • Exhibit 167: Jinan Shengquan Group Share Holding Co Ltd - Overview
              • Exhibit 168: Jinan Shengquan Group Share Holding Co Ltd - Product / Service
              • Exhibit 169: Jinan Shengquan Group Share Holding Co Ltd - Key offerings
            • 12.14 Kolon Industries Inc.
              • Exhibit 170: Kolon Industries Inc. - Overview
              • Exhibit 171: Kolon Industries Inc. - Product / Service
              • Exhibit 172: Kolon Industries Inc. - Key offerings
            • 12.15 Shell plc
              • Exhibit 173: Shell plc - Overview
              • Exhibit 174: Shell plc - Business segments
              • Exhibit 175: Shell plc - Key offerings
              • Exhibit 176: Shell plc - Segment focus
            • 12.16 SI Group Inc.
              • Exhibit 177: SI Group Inc. - Overview
              • Exhibit 178: SI Group Inc. - Product / Service
              • Exhibit 179: SI Group Inc. - Key offerings
            • 12.17 Sumitomo Bakelite Co. Ltd.
              • Exhibit 180: Sumitomo Bakelite Co. Ltd. - Overview
              • Exhibit 181: Sumitomo Bakelite Co. Ltd. - Business segments
              • Exhibit 182: Sumitomo Bakelite Co. Ltd. - Key offerings
              • Exhibit 183: Sumitomo Bakelite Co. Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              phenolic resin market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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