Phenolic Resins Market: Moving Towards Brighter FuturePosted by Andre on October 22nd, 2019 Phenolic Resins Market report provides complete background analysis of the Chemical and Materials industry which includes an assessment of the parental market. By thinking from customer point of view, a team of researchers, analysts and industry experts work carefully to generate this Phenolic Resins Market research report. A high quality global market research is brought together for the success of your business at international level. Competitor analysis is one of the most important aspects of market research report which helps businesses decide upon the strategies by comparing them with the competitors. Besides, this Phenolic Resins Market research report makes clients aware about the various strategies that are used by key players of the market. Global phenolic resins market is expected to rise to an estimated value of USD 16.9 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The high growth of this market is due to rising demand for plastics which provides strength, high thermal resistance and fire-resistant properties. Market Definition: Global Phenolic Resins Market Phenolic resins, also known as phenol–formaldehyde resins are synthetic polymers which are produced from the reaction of phenol or substituted phenol with formaldehyde at high temperatures. They are hugely applicable in wood adhesives, molding compounds, and laminates. Top Manufacturers Covered in the Report: Few of the major competitors currently working in the global phenolic resins market are Mitsui Chemicals, Inc., Hexion, BASF SE, SBHPP, Aica Kogyo Co., Ltd., SI Group, Inc., LERG SA., Shengquan Group, UCP Chemicals AG, Tongcheng-Elong, SHANDONG LAIWU RUNDA NEW MATERIAL CO.,LTD, ALLNEX NETHERLANDS B.V., Plenco, Metadynea International, Kolon Industries Inc., Georgia-Pacific Chemicals LLC, Prefere Resins Holding GmbH, Chang Chun Group among others. Key Developments in the Market:
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Competitive Analysis: Global phenolic resins market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of phenolic resins market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa. Key Insights in the report:
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