DUBLIN, Jan. 29, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/kms5l2/global_phenolic) has announced the addition of the "Global Phenolic Resins Market 2015-2019" report to their offering.
Phenolic resins are synthetic polymers formed by the reaction of phenol and formaldehyde. Phenolic resins have unique physical and chemical properties including high mechanical strength, temperature stability, flame resistance, water and chemical stability, low toxicity, and an excellent performance profile. Owing to their unique properties phenolic resins are used in a wide array of applications ranging from construction materials to high-end technology applications in the Electronics and Aerospace industries.
The analysts forecast the Global Phenolic Resins market to grow at a CAGR of 5.85 percent over the period 2014-2019.
This report covers the present scenario and the growth prospects of the Global Phenolic Resins market for the period 2015-2019. The report provides data on the following segments of the Global Phenolic Resins market: Application, End-use, Product Type, and Geography. The report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market
The report, the Global Phenolic Resins Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Phenolic Resins market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technological advancements and the incorporation of nanotechnology into the production of phenolic resins enlarge the scope and areas of application of phenolic resins. This advancement improves the functionality and the performance standards of phenolic resins, making them more efficient and temperature tolerant. This enhances the scope of phenolic resins, making them viable for use in a variety of end-use applications.
According to the report, the global demand for phenolic resins is expected to rise because of the growing demand from the automotive sector. The steady growth in the Global Automotive market is a major driver for the growing demand. The changing consumer preferences and the growing demand for fuel-efficient, lightweight, and high-performance automobiles are the factors that are fueling the adoption of phenolic resins by the automotive sector.
Further, the report states that one of the major challenges faced by the market is the fluctuation in crude oil prices. Phenolic resin products closely follow the pricing pattern of crude oil, as crude oil is a major component in the making of phenolic resins and the volatility in the pricing of crude oil can hurt the profit margins of the market players.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Global Phenolic Resins Market
08. Market Segmentation by Application
09. Market Segmentation by Product
10. Market Segmentation by End-use
11. Geographical Segmentation
12. Key Leading Countries
13. Buying Criteria
14. Market Growth Drivers
15. Drivers and their Impact
16. Market Challenges
17. Impact of Drivers and Challenges
18. Market Trends
19. Trends and their Impact
20. Vendor Landscape
21. Key Vendor Analysis
22. Other Reports in this Series
- Aica Kogyo
- BASF SE
- Changshu South-East Plastic
- Dujodwala Paper Chemicals
- Dynea AS
- Fenolit D.D.
- Hitachi Chemical
- Jinan ShengquanGroup
- Kolon Industries
- Mitsui Chemicals
- Momentive Performance Materials Inc.
- Prefere Resins
- SI Group
- Shandong Laiwu Runda New Material
- Sumitomo Bakelite
- UCP Chemicals
For more information visit http://www.researchandmarkets.com/research/kms5l2/global_phenolic
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets