Middle East and Africa Phenolic Resin Market was valued at USD 823 Mn. in 2020 and is expected to reach at USD 1359 Mn. by 2027 at a CAGR of 7.43% over forecast period 2021-2027. Wide-ranging R&D initiatives are being raised and undertaken in the MEA market, which has made this region the fastest growing to meet the burgeoning domestic needs that will lead to a positive impact on the market. An increasing demand from Automotive End User is expected to create lucrative opportunities for phonic resin market. The Middle East is one of the most important markets for automotive manufacturers across the globe. Right from entry-level carmakers that focus on mass-market products to companies with a premium product line-up, every brand wants to gain and increase their market share in this region.To know about the Research Methodology :- Request Free Sample Report GCC phenolic resin market is dominating MEA& Africa market. GCC phenolic resin market was valued at USD xx Mn in 2020 and is expected to reach at USD xx% Mn at a CAGR of 8.00% over forecast period. GCC consist of Bahrain, Kuwait, Oman, Qatar, UAE and Saudi Arabia. Among all of these countries Saudi Arabia and is largest market for phenolic resin. The macroeconomic growth in these economies is expected to propel the demand phenolic resin market over forecast period. This growth is also expected to result in increased disposable income of individuals in these countries, thereby presenting lucrative opportunities for the application of phenolic resins in aesthetic products, electronics and construction industries. This is likely to propel the adoption of these resins, thus opening potential avenues of growth for the players in the phenolic resins market. South Africa market was valued at USD xx Mn in 2029 and is expected to reach at USD xx Mn by 2027 at a CAGR of 6.73% over forecast period. South Africa phenolic resin market is growing at very slow growth rate as compared to other GCC and Rest of MEA& Africa regions. Market across the South Africa is been grappling with weak demand due to sluggish macroeconomic performance. Processors in South Africa also coped with higher operational costs resulting from higher taxes and a cutback in subsidies, and this curbed resin demand within the region. The volatility in crude oil prices is expected to restrain the growth of the phenolic resins market in this region, as crude oil is a major raw material used in the manufacturing of these resins. The objective of the report is to present a comprehensive analysis of the Middle East and Africa 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 Middle East and Africa Phenolic Resin Market dynamics, structure by analyzing the market segments and project the Middle East and Africa 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 Middle East and Africa 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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Middle East and Africa Phenolic Resin Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 823 Mn. Forecast Period 2021 to 2027 CAGR: 7.43% Market Size in 2027: US $ 1359 Mn. 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 Middle East and Africa Phenolic Resin Market by country
• GCC • South Africa • Rest of Middle East and AfricaMiddle East and Africa phenolic Resin Market manufacturers and suppliers
• Saudi Industrial Resins Limited • Chemanol • Jubail Chemical Industries • Gulf Chemicals and Industrial Oils Co. • NCS Resins • SI Group • ADD Resins & Chemical Pty Ltd • Rocbolt Resins Pty Ltd • Nivitex Fibreglass & Resins Gauteng • FMY Kimya Sanayi ve Dış Ticaret A.Ş • Nova Composites Manufacturing LLC • NadPolymer
Middle East and Africa 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: MEA& Africa 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. Middle East & Africa Phenolic Resin Market Analysis 5.1. Key Findings 5.2. Middle East & Africa Phenolic Resin Market Overview 5.3. Middle East & Africa Phenolic Resin Market Value Share Analysis, By Type 5.4. Middle East & Africa Phenolic Resin Market Forecast, By Type 5.4.1. Resol Resin 5.4.2. Novolac Resin 5.4.3. Others 5.5. Middle East & Africa Phenolic Resin Market Value Share Analysis, By Application 5.6. Middle East & Africa 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. Middle East & Africa Phenolic Resin Market Value Share Analysis, by End User 5.8. Middle East & Africa 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. Middle East & Africa Phenolic Resin Market Value Share Analysis, by Country 5.10. Middle East & Africa Phenolic Resin Market Forecast, by Country 5.10.1. GCC 5.10.2. South Africa 5.10.3. Rest of Middle East & Africa 5.11. Middle East & Africa Phenolic Resin Market Analysis, by Country 5.12. GCC Phenolic Resin Market Forecast, By Type 5.12.1. Resol Resin 5.12.2. Novolac Resin 5.12.3. Others 5.13. GCC 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. GCC 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. South Africa Phenolic Resin Market Forecast, By Type 5.15.1. Resol Resin 5.15.2. Novolac Resin 5.15.3. Others 5.16. South Africa 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. South Africa 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 Middle East & Africa Phenolic Resin Market Forecast, By Type 5.18.1. Resol Resin 5.18.2. Novolac Resin 5.18.3. Others 5.19. Rest of Middle East & Africa 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 Middle East & Africa 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. Middle East & Africa 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. South America Phenolic Resin Market Analysis 6.1. Key Findings 6.2. South America Phenolic Resin Market Overview 6.3. South America Phenolic Resin Market Value Share Analysis, By Type 6.4. South America Phenolic Resin Market Forecast, By Type 6.4.1. Resol Resin 6.4.2. Novolac Resin 6.4.3. Others 6.5. South America Phenolic Resin Market Value Share Analysis, By Application 6.6. South America Phenolic Resin Market Forecast, By Application 6.6.1. Wood Adhesives 6.6.2. Molding 6.6.3. Foundry 6.6.4. Insulation 6.6.5. Laminates 6.6.6. Others 6.7. South America Phenolic Resin Market Value Share Analysis, by End User 6.8. South America Phenolic Resin Market Forecast, by End User 6.8.1. Electrical & Electronics 6.8.2. Automotive 6.8.3. Building & Construction 6.8.4. Others 6.9. South America Phenolic Resin Market Value Share Analysis, by Country 6.10. South America Phenolic Resin Market Forecast, by Country 6.10.1. Brazil 6.10.2. Mexico 6.10.3. Rest of South America 6.11. South America Phenolic Resin Market Analysis, by Country 6.12. Brazil Phenolic Resin Market Forecast, By Type 6.12.1. Resol Resin 6.12.2. Novolac Resin 6.12.3. Others 6.13. Brazil Phenolic Resin Market Forecast, By Application 6.13.1. Wood Adhesives 6.13.2. Molding 6.13.3. Foundry 6.13.4. Insulation 6.13.5. Laminates 6.13.6. Others 6.14. Brazil Phenolic Resin Market Forecast, by End User 6.14.1. Electrical & Electronics 6.14.2. Automotive 6.14.3. Building & Construction 6.14.4. Others 6.15. Mexico Phenolic Resin Market Forecast, By Type 6.15.1. Resol Resin 6.15.2. Novolac Resin 6.15.3. Others 6.16. Mexico Phenolic Resin Market Forecast, By Application 6.16.1. Wood Adhesives 6.16.2. Molding 6.16.3. Foundry 6.16.4. Insulation 6.16.5. Laminates 6.16.6. Others 6.17. Mexico Phenolic Resin Market Forecast, by End User 6.17.1. Electrical & Electronics 6.17.2. Automotive 6.17.3. Building & Construction 6.17.4. Others 6.18. Rest of South America Phenolic Resin Market Forecast, By Type 6.18.1. Resol Resin 6.18.2. Novolac Resin 6.18.3. Others 6.19. Rest of South America Phenolic Resin Market Forecast, By Application 6.19.1. Wood Adhesives 6.19.2. Molding 6.19.3. Foundry 6.19.4. Insulation 6.19.5. Laminates 6.19.6. Others 6.20. Rest of South America Phenolic Resin Market Forecast, by End User 6.20.1. Electrical & Electronics 6.20.2. Automotive 6.20.3. Building & Construction 6.20.4. Others 6.21. South America Phenolic Resin Market Attractiveness Analysis 6.21.1. By Type 6.21.2. By Application 6.21.3. By End User 6.22. PEST Analysis 6.23. Key Trends 6.24. Key Development 7. Company Profiles 7.1. Market Share Analysis, by Company 7.2. Competition Matrix 7.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 7.2.2. New Product Launches and Product Enhancements 7.2.3. Market Consolidation 7.2.3.1. M&A by Regions, Investment and Applications 7.2.3.2. M&A Key Players, Forward Integration and Backward Integration 7.3. Company Profiles: Key Players 7.3.1. Saudi Industrial Resins Limited 7.3.1.1. Company Overview 7.3.1.2. Financial Overview 7.3.1.3. Product Portfolio 7.3.1.4. Business Strategy 7.3.1.5. Recent Developments 7.3.1.6. Company Footprint 7.3.2. Chemanol 7.3.3. Jubail Chemical Industries 7.3.4. Gulf Chemicals and Industrial Oils Co. 7.3.5. NCS Resins 7.3.6. SI Group 7.3.7. ADD Resins & Chemical Pty Ltd 7.3.8. Rocbolt Resins Pty Ltd 7.3.9. FMY Kimya Sanayi ve Dış Ticaret A.Ş 7.3.10. Nova Composites Manufacturing LLC 7.3.11. NadPolymer