Latin America Phenolic Resin Market was valued at US$ 1.01 Bn. in 2021 and is expected to reach at US$ 1.4 Bn. by 2027 at a CAGR of 5.53% over forecast period 2021-2027. In the recent days, Latin America’s GDP per capita has fluctuated around world average. Latin America is experiencing better political stability. However, there is a substantial gap between Latin America and the developed economies. Latin America is experiencing better political stability.To know about the Research Methodology :- Request Free Sample Report Mexico is dominating the Latin America phenolic resin market. Mexico phenolic resin market was valued at USD xx Mn in 2021 and is expected to reach at USD xx Mn by 2027 at a CAGR of 5.36% over forecast period. The substitution of metallic materials by phenolic resin materials is a growing trend in Mexico, partly resulting from the fact that in many industrial applications these materials have advantages over metallic materials, especially when increased resistance to corrosion, low thermal and electric conductivity, and low density are required. By application molding segment is expected to lead the market with 108.69 market share by 2027 at a CAGR 5.43% from 2021 to 2027.
Brazil phenolic resin market was valued at USD 329.35 in 2021 and is expected to reach at USD xx% Mn by 2027 at a CAGR of 5.85% over forecast period. Rapid urbanization, growing consumer disposable income, expanding end-use industries, and the increasing rate of digitalization is likely to make Mexico a lucrative market for phenolic resin manufacturers & suppliers over the forecast period. The companies of this region are investing in various developed sectors such as consumer electronics and construction to meet the export demand. Phenolic resins are projected to benefit from all the dynamics, along with the availability of low-cost technologies and labour. Rest of Latin America market is expected to reach at USD xx by 2027 at a CAGR of 5.35% from 2021 to 2027. Rest of Latin America consist of Argentina, Chile, Peru, Ecuador, Venezuela, Uruguay, Panama and remaining Latin American countries. Increasing demand from various end users such as automotive, construction, furniture, etc. is propelling market in this region. 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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Latin America Phenolic Resin Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2027 Historical Data: 2016 to 2020 Market Size in 2021: US $ 1.01 Bn. Forecast Period 2021 to 2027 CAGR: 5.53% Market Size in 2027: US $ 1.4 Bn. Segments Covered: by Type • Resol Resin • Novolac Resin • Others by Application • Wood Adhesives • Molding • Foundry • Insulation • Laminates • Others by End-User Industry • Electrical & Electronics • Automotive • Building & Construction • Others Latin America Phenolic Resin Market, by country
• South Africa • Brazil • Rest of Latin AmericaLatin America Phenolic Resin Market Key Players:
• Si Group Crios Resinas SA • Craft multimodal • Bostik SA • Resibras Industries De Castanhans • Ancora Logistics SA De Cv • Hemiplastica S.A. De C.V. • Chemiplastica S.A. De C.V. • Resirene S.A. De C.V. • Plenco de Mexico • SRS do Brasil Comercial Ltda • Cronyng Chemicals • TransAct Energy Global.Frequently Asked Questions:
1. Which region has the largest share in Latin America Phenolic Resin Market? Ans: Brazil held the highest share in 2021. 2. What is the growth rate of Latin America Phenolic Resin Market? Ans: The Latin America Phenolic Resin Market is expected to grow at a CAGR of 5.53% during forecast period 2022-2027. 3. What is scope of the Latin America Phenolic Resin market report? Ans: Latin America Phenolic Resin Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Latin America Phenolic Resin market? Ans: The important key players in the Latin America Phenolic Resin Market are – Si Group Crios Resinas SA, Craft multimodal, Bostik SA, Resibras Industries De Castanhans, Ancora Logistics SA De Cv, Hemiplastica S.A. De C.V., Chemiplastica S.A. De C.V., Resirene S.A. De C.V., Plenco de Mexico, SRS do Brasil Comercial Ltda, Cronyng Chemicals, TransAct Energy Global. 5. What is the study period of this market? Ans: The Latin America Phenolic Resin Market is studied from 2021 to 2027.
Latin America 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: Latin America 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. Latin America Phenolic Resin Market Analysis 5.1. Key Findings 5.2. Latin America Phenolic Resin Market Overview 5.3. Latin America Phenolic Resin Market Value Share Analysis, By Type 5.4. Latin America Phenolic Resin Market Forecast, By Type 5.4.1. Resol Resin 5.4.2. Novolac Resin 5.4.3. Others 5.5. Latin America Phenolic Resin Market Value Share Analysis, By Application 5.6. Latin America 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. Latin America Phenolic Resin Market Value Share Analysis, by End User 5.8. Latin America 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. Latin America Phenolic Resin Market Value Share Analysis, by Country 5.10. Latin America Phenolic Resin Market Forecast, by Country 5.10.1. Brazil 5.10.2. Mexico 5.10.3. Rest of Latin America 5.11. Latin America Phenolic Resin Market Analysis, by Country 5.12. Brazil Phenolic Resin Market Forecast, By Type 5.12.1. Resol Resin 5.12.2. Novolac Resin 5.12.3. Others 5.13. Brazil 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. Brazil 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. Mexico Phenolic Resin Market Forecast, By Type 5.15.1. Resol Resin 5.15.2. Novolac Resin 5.15.3. Others 5.16. Mexico 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. Mexico 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. Rest of Latin America Phenolic Resin Market Forecast, By Type 5.18.1. Resol Resin 5.18.2. Novolac Resin 5.18.3. Others 5.19. Rest of Latin America 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. Rest of Latin America 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. Latin America Phenolic Resin Market Attractiveness Analysis 5.21.1. By Type 5.21.2. By Application 5.21.3. By End User 5.22. PEST Analysis 5.23. Key Trends 5.24. 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. Si Group Crios Resinas SA 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. Craft multimodal 6.3.3. Bostik SA 6.3.4. Resibras Industries De Castanhans 6.3.5. Ancora Logistics SA De Cv 6.3.6. Hemiplastica S.A. De C.V. 6.3.7. Chemiplastica S.A. De C.V. 6.3.8. Resirene S.A. De C.V. 6.3.9. Plenco de Mexico 6.3.10. SRS do Brasil Comercial Ltda 6.3.11. Cronyng Chemicals 6.3.12. TransAct Energy Global.