Global Phenolic Resin Market – By Type, Application, Industry & Region – Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022) – Research and Markets

August 25, 2017

DUBLIN–(BUSINESS WIRE)–The "Global
Phenolic Resin Market – By Type, Application, Industry, Regions – Market
Size, Demand Forecasts, Industry Trends and Updates (2016-2022)"
report has been added to Research and Markets' offering.

The global phenolic resins market was $10.82 billion in 2016 which is
anticipated to grow steadily to $16.05 billion by 2022 growing at a CAGR
of 6.7%.The global epoxy resin market alone was valued at $ 7,980
million in 2016.

The industry runs on the backbone of a growing demand for hydrogenated
hydrocarbon petroleum resins as well a higher demand for petroleum
resins in the Asia-Pacific region. Additionally, increasing needs for
light weight, fuel efficient vehicles have sparked a profound need for
the products, as well as the emergence of advanced technologies.

However, volatile prices in raw materials and altering values of naphtha
from refineries prove to be constraints to the industry. Stricter
environmental regulations and the shift to urea formaldehyde resins as
substitutes also are strong hindrances.

Increases in oxo-alcohol (n- and iso-butanol) prices continue to force
companies to raise prices for products. New regulations from the ERPA
restrict concentrations of materials to be used in products. Phenolic
resins used in print ink services lose their value as industries tackle
with rises in prices of Gum Rosin which is obtained from pine trees.
BASF, Reliance and Bayer have poured massive research money to come up
with safer alternatives to the resin.

Companies Mentioned

  • Momentive Specialty Chemicals
  • The Dow Chemical Company
  • Kukdo Chemicals
  • 3MCompany
  • Nan Ya Plastic Corporation
  • BASF SE
  • Chang Chun Plastics Co. Ltd
  • Hexion Specialty Chemicals
  • DuPont
  • Huntsman Corporation
  • SanMu Group

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global industrial robotics market Segmentation, Forecasts and Trends
– By Revenue

6. By Type

7. By Application

8. By Industry

9. By Region

10. Vendor Market Share Analysis

11. Company Profiles

12. Industry Structure

For more information about this report visit https://www.researchandmarkets.com/research/xx8t5n/global_phenoli

Contacts

Research and Markets
Laura Wood, Senior Manager
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Related
Topics: Plastic
Resins

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