The Asia Pacific Phenolic resin market was valued at US$ 5524 Mn. in 2020 and is expected to reach at USD 7790 Mn. by 2027 growing at a CAGR of 5.03% from 2021 to 2027. Asia pacific Phenolic resin market growth is attributed to a wide range of factors, which includes increasing growth in the automotive and construction industries, along with elevated consumption of molding compounds in countries, such as India, China and ASEAN countries.To know about the Research Methodology :- Request Free Sample Report By region APAC Market is segmented into China, India, Japan, ASEAN and Rest of APAC. China is leading the APAC phenolic resin market. China phenolic resin market is expected to reach at USD 2975.78 Mn by 2027 at a CAGR of 5.10%. India phenolic resin market is expected to reach at USD xx% Mn at a CAGR of 4.98%. China and India collectively exhibit 60-62% of market share over forecast period owing to the rapid expansion of end-use industries such as consumer goods, automotive, construction and aerospace. Additionally, the phenolic resin manufacturers in this region are developing bio-based feedstock for the production of phenolic resins, which is expected to create lucrative opportunities for market. Japan is expected to reach at USD XX Mn by 2027 at a CAGR of 4.95%. Legislations issued in Japan to construct energy efficient buildings has complimented the overall demand of phenolic resins, thereby resulting in the rapid progression of the phenolic resins market. The phenolic resin market in Japan is expected to rise further due to its increased usage of composites in aerospace, automotive, electrical &electronics and mass transit. ASEAN phenolic was valued at USD 631.20 Mn and is expected to reach at USD XX Mn by 2027 at a CAGR of 5.14%. The future of the ASEAN phenolic resin market looks promising with growth opportunities in various end use industries, including construction, transportation, electrical and electronics, furniture, industrial, and others. Thailand is expected to remain the largest country by value due to growth in end use industries such as residential and commercial activities, increasing automotive production, and growing electrical and electronics demand. The objective of the report is to present a comprehensive analysis of the Asia Pacific Phenolic resin market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Asia Pacific Phenolic resin market dynamics, structure by analyzing the market segments and project the Asia Pacific Phenolic resin market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Asia Pacific Phenolic resin market make the report investor’s guide. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
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Global APAC Phenolic Resin Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 5524 Mn. Forecast Period 2021 to 2027 CAGR: 5.03% Market Size in 2027: US $ 7790 Mn. Segments Covered: by Type • Resol Resin • Novolac Resin • Others • Resol Resin • Novolac Resin • Others by Application • Wood Adhesives • Molding • Foundry • Insulation • Laminates • Others by End-User Industry • Electrical & Electronics • Automotive • Building & Construction • Others APAC Phenolic Resin Market by country
• China • India • ASEAN • Japan • Rest of APACMajor Manufacturer in APAC are
• BASF SE • Momentive Performance Materials Inc. • Dynea AS • Georgia-Pacific LLC. • Jinan Shengquan Group Co. Ltd. • Kolon Industries, Inc. • SI Group • Sumitomo Bakelite • Thai GCI Resitop • AICA KOGYO • Kineco Limited • Suzhou Xingye Materials Technology Co., Ltd. • Polyols & Polymers Pvt Ltd • Shengquan Group • Subham Oils and Resins Pvt Ltd
Asia Pacific Phenolic resin market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.2. Secondary data 2.3.3. Secondary Sources 2.3.4. Primary Research 2.3.5. Data from Primary Sources 2.3.6. Breakdown of Primary Sources 3. Executive Summary: APAC Phenolic Resin Market, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Asia Pacific Phenolic Resin Market Analysis 5.1. Key Findings 5.2. Asia Pacific Phenolic Resin Market Overview 5.3. Asia Pacific Phenolic Resin Market Value Share Analysis, By Type 5.4. Asia Pacific Phenolic Resin Market Forecast, By Type 5.4.1. Resol Resin 5.4.2. Novolac Resin 5.4.3. Others 5.5. Asia Pacific Phenolic Resin Market Value Share Analysis, By Application 5.6. Asia Pacific Phenolic Resin Market Forecast, By Application 5.6.1. Wood Adhesives 5.6.2. Molding 5.6.3. Foundry 5.6.4. Insulation 5.6.5. Laminates 5.6.6. Others 5.7. Asia Pacific Phenolic Resin Market Value Share Analysis, by End User 5.8. Asia Pacific Phenolic Resin Market Forecast, by End User 5.8.1. Electrical & Electronics 5.8.2. Automotive 5.8.3. Building & Construction 5.8.4. Others 5.9. Asia Pacific Phenolic Resin Market Value Share Analysis, by Country 5.10. Asia Pacific Phenolic Resin Market Forecast, by Country 5.10.1. China 5.10.2. India 5.10.3. Japan 5.10.4. ASEAN 5.10.5. Rest of Asia Pacific 5.11. Asia Pacific Phenolic Resin Market Analysis, by Country 5.12. China Phenolic Resin Market Forecast, By Type 5.12.1. Resol Resin 5.12.2. Novolac Resin 5.12.3. Others 5.13. China Phenolic Resin Market Forecast, By Application 5.13.1. Wood Adhesives 5.13.2. Molding 5.13.3. Foundry 5.13.4. Insulation 5.13.5. Laminates 5.13.6. Others 5.14. China Phenolic Resin Market Forecast, by End User 5.14.1. Electrical & Electronics 5.14.2. Automotive 5.14.3. Building & Construction 5.14.4. Others 5.15. India Phenolic Resin Market Forecast, By Type 5.15.1. Resol Resin 5.15.2. Novolac Resin 5.15.3. Others 5.16. India Phenolic Resin Market Forecast, By Application 5.16.1. Wood Adhesives 5.16.2. Molding 5.16.3. Foundry 5.16.4. Insulation 5.16.5. Laminates 5.16.6. Others 5.17. India Phenolic Resin Market Forecast, by End User 5.17.1. Electrical & Electronics 5.17.2. Automotive 5.17.3. Building & Construction 5.17.4. Others 5.18. Japan Phenolic Resin Market Forecast, By Type 5.18.1. Resol Resin 5.18.2. Novolac Resin 5.18.3. Others 5.19. Japan Phenolic Resin Market Forecast, By Application 5.19.1. Wood Adhesives 5.19.2. Molding 5.19.3. Foundry 5.19.4. Insulation 5.19.5. Laminates 5.19.6. Others 5.20. Japan Phenolic Resin Market Forecast, by End User 5.20.1. Electrical & Electronics 5.20.2. Automotive 5.20.3. Building & Construction 5.20.4. Others 5.21. ASEAN Phenolic Resin Market Forecast, By Type 5.21.1. Resol Resin 5.21.2. Novolac Resin 5.21.3. Others 5.22. ASEAN Phenolic Resin Market Forecast, By Application 5.22.1. Wood Adhesives 5.22.2. Molding 5.22.3. Foundry 5.22.4. Insulation 5.22.5. Laminates 5.22.6. Others 5.23. ASEAN Phenolic Resin Market Forecast, by End User 5.23.1. Electrical & Electronics 5.23.2. Automotive 5.23.3. Building & Construction 5.23.4. Others 5.24. Rest of Asia Pacific Phenolic Resin Market Forecast, By Type 5.24.1. Resol Resin 5.24.2. Novolac Resin 5.24.3. Others 5.25. Rest of Asia Pacific Phenolic Resin Market Forecast, By Application 5.25.1. Wood Adhesives 5.25.2. Molding 5.25.3. Foundry 5.25.4. Insulation 5.25.5. Laminates 5.25.6. Others 5.26. Rest of Asia Pacific Phenolic Resin Market Forecast, by End User 5.26.1. Electrical & Electronics 5.26.2. Automotive 5.26.3. Building & Construction 5.26.4. Others 5.27. Asia Pacific Phenolic Resin Market Attractiveness Analysis 5.27.1. By Type 5.27.2. By Application 5.27.3. By End User 5.28. PEST Analysis 5.29. Key Trends 5.30. Key Development 6. Company Profiles 6.1. Market Share Analysis, by Company 6.2. Competition Matrix 6.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 6.2.2. New Product Launches and Product Enhancements 6.2.3. Market Consolidation 6.2.3.1. M&A by Regions, Investment and Applications 6.2.3.2. M&A Key Players, Forward Integration and Backward Integration 6.3. Company Profiles: Key Players 6.3.1. BASF SE 6.3.1.1. Company Overview 6.3.1.2. Financial Overview 6.3.1.3. Product Portfolio 6.3.1.4. Business Strategy 6.3.1.5. Recent Developments 6.3.1.6. Company Footprint 6.3.2. Momentive Performance Materials Inc. 6.3.3. Dynea AS 6.3.4. Georgia-Pacific LLC. 6.3.5. Jinan Shengquan Group Co. Ltd. 6.3.6. Kolon Industries, Inc. 6.3.7. SI Group 6.3.8. Sumitomo Bakelite 6.3.9. Thai GCI Resitop 6.3.10. AICA KOGYO 6.3.11. Kineco Limited 6.3.12. Suzhou Xingye Materials Technology Co., Ltd. 6.3.13. Polyols & Polymers Pvt Ltd 6.3.14. Shengquan Group 6.3.15. Subham Oils and Resins Pvt Ltd