DALLAS, April 24, 2014 /PRNewswire/ --
The report, "Phenolic Resin Market by Type (Resol and Novolac) and by Application (Wood Adhesive, Molding, Laminates, Insulation, and Others) - Global Trends & Forecast to 2019", defines and segments the global Phenolic Resins Market with an analysis and forecast for types, and applications by volume as well as value.
Browse more than 99 market data tables with 111 figures spread through 207 slides and in-depth TOC on "Phenolic Resin Market - Global Trends & Forecast to 2019".
Early buyers will receive 10% customization on this report.
"Asia-Pacific, North America and Europe are the Key Markets for Phenolic Resins"
Asia-Pacific, North America, and Europe dominated the Phenolic Resins Market in 2013 and accounted for over 90% of the market, by volume and value. The developing regions dominate the Phenolic Resins Market because of the rapid development of the construction and housing industry, auto industry, and electronic consumer goods, demand to the phenolic resin increased in molding, casting, refractory materials, electrical materials, electronics and other new areas. Country-wise, China is the top most consumer of phenolic resins product globally and is also the largest market for phenolic resins products growing at a CAGR higher than the global average till 2019. U.S is the largest phenolic resins consumer for wood adhesives in the world. Asia-Pacific is expected to witness the fastest growth rate by 2019. The market in Asia-Pacific region is experiencing increasing growth because of phenolic resin consumption for molding compounds will grow primarily in China, India, and other Asian countries as more molding operations start up in the region.
"Wood Adhesives is the top most Application Segment and Resol Dominates as the Key Type in the Phenolic Resins Market"
While wood adhesives take topmost positions in the Phenolic Resins Market with around 32.0% share by value in 2013. The fastest growth rate till 2019 in the Phenolic Resins Market is expected to come from applications such as wood adhesives, and molding. Resol dominates the Phenolic Resins Market by type in terms of volume and value.
Browse related reports
Amino Resin Market by Types (Urea Formaldehyde, Melamine Formaldehyde, Melamine Urea Formaldehyde), Applications (Particle Board, MDF, Plywood, Laminates, Coatings) & Geography - Global Trends & Forecasts to 2018
Polycarbonate Resin Market by Applications (Automotive, Consumer, Electrical & Electronic, Medical, Optical Media, Packaging & Sheet & Film) & Geography - Trends & Forecasts to 2018
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets