Global Phenolic Resin for Friction Materials Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Phenolic Resin for Friction Materials Market Size, Manufacturers, Opportunities and Forecast to 2030


Phenolic resin is the principal binder used in the manufacture of modern friction materials.

Phenolic resins for the friction industry are available as liquids or as powders blended with a cross linking agent (usually hexamine). The properties of these resins may be enhanced by incorporating other polymeric or chemical modifications.

According to APO Research, The global Phenolic Resin for Friction Materials market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Phenolic Resin for Friction Materials main players are Sumitomo Bakelite, Hexion, Mitsui Chemicals, DIC Corporation, Shengquan Group, etc. Global top five manufacturers hold a share above 20%. Europe is the largest market, with a share about 30%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Phenolic Resin for Friction Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Phenolic Resin for Friction Materials.

The Phenolic Resin for Friction Materials market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Phenolic Resin for Friction Materials market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Sumitomo Bakelite
Hexion
Mitsui Chemicals
DIC Corporation
Shengquan Group
KANGNAM CHEMICAL
Shandong Laiwu Runda New Material
Kuentek Cashew
Sprea Misr
Zhejiang Hangzhou Friction Composites

Phenolic Resin for Friction Materials segment by Type

Liquid Type (Phenolic Resol Resins)
Powder Type (Phenolic Novolac Resins)

Phenolic Resin for Friction Materials segment by Application

Automotive
Railway
Aeronautics
Industrial

Phenolic Resin for Friction Materials Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Phenolic Resin for Friction Materials market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Phenolic Resin for Friction Materials and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Phenolic Resin for Friction Materials.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Phenolic Resin for Friction Materials manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Phenolic Resin for Friction Materials in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Phenolic Resin for Friction Materials Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Phenolic Resin for Friction Materials Sales Estimates and Forecasts (2019-2030)
1.3 Phenolic Resin for Friction Materials Market by Type
1.3.1 Liquid Type (Phenolic Resol Resins)
1.3.2 Powder Type (Phenolic Novolac Resins)
1.4 Global Phenolic Resin for Friction Materials Market Size by Type
1.4.1 Global Phenolic Resin for Friction Materials Market Size Overview by Type (2019-2030)
1.4.2 Global Phenolic Resin for Friction Materials Historic Market Size Review by Type (2019-2024)
1.4.3 Global Phenolic Resin for Friction Materials Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Phenolic Resin for Friction Materials Sales Breakdown by Type (2019-2024)
1.5.2 Europe Phenolic Resin for Friction Materials Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Phenolic Resin for Friction Materials Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Phenolic Resin for Friction Materials Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Phenolic Resin for Friction Materials Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Phenolic Resin for Friction Materials Industry Trends
2.2 Phenolic Resin for Friction Materials Industry Drivers
2.3 Phenolic Resin for Friction Materials Industry Opportunities and Challenges
2.4 Phenolic Resin for Friction Materials Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Phenolic Resin for Friction Materials Revenue (2019-2024)
3.2 Global Top Players by Phenolic Resin for Friction Materials Sales (2019-2024)
3.3 Global Top Players by Phenolic Resin for Friction Materials Price (2019-2024)
3.4 Global Phenolic Resin for Friction Materials Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Phenolic Resin for Friction Materials Key Company Manufacturing Sites & Headquarters
3.6 Global Phenolic Resin for Friction Materials Company, Product Type & Application
3.7 Global Phenolic Resin for Friction Materials Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Phenolic Resin for Friction Materials Market CR5 and HHI
3.8.2 Global Top 5 and
10 Phenolic Resin for Friction Materials Players Market Share by Revenue in 2023
3.8.3 20
23 Phenolic Resin for Friction Materials Tier 1, Tier 2, and Tier 3
4 Phenolic Resin for Friction Materials Regional Status and Outlook
4.1 Global Phenolic Resin for Friction Materials Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Phenolic Resin for Friction Materials Historic Market Size by Region
4.2.1 Global Phenolic Resin for Friction Materials Sales in Volume by Region (2019-2024)
4.2.2 Global Phenolic Resin for Friction Materials Sales in Value by Region (2019-2024)
4.2.3 Global Phenolic Resin for Friction Materials Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Phenolic Resin for Friction Materials Forecasted Market Size by Region
4.3.1 Global Phenolic Resin for Friction Materials Sales in Volume by Region (2025-2030)
4.3.2 Global Phenolic Resin for Friction Materials Sales in Value by Region (2025-2030)
4.3.3 Global Phenolic Resin for Friction Materials Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Phenolic Resin for Friction Materials by Application
5.1 Phenolic Resin for Friction Materials Market by Application
5.1.1 Automotive
5.1.2 Railway
5.1.3 Aeronautics
5.1.4 Industrial
5.2 Global Phenolic Resin for Friction Materials Market Size by Application
5.2.1 Global Phenolic Resin for Friction Materials Market Size Overview by Application (2019-2030)
5.2.2 Global Phenolic Resin for Friction Materials Historic Market Size Review by Application (2019-2024)
5.2.3 Global Phenolic Resin for Friction Materials Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Phenolic Resin for Friction Materials Sales Breakdown by Application (2019-2024)
5.3.2 Europe Phenolic Resin for Friction Materials Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Phenolic Resin for Friction Materials Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Phenolic Resin for Friction Materials Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Phenolic Resin for Friction Materials Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Sumitomo Bakelite
6.1.1 Sumitomo Bakelite Comapny Information
6.1.2 Sumitomo Bakelite Business Overview
6.1.3 Sumitomo Bakelite Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Sumitomo Bakelite Phenolic Resin for Friction Materials Product Portfolio
6.1.5 Sumitomo Bakelite Recent Developments
6.2 Hexion
6.2.1 Hexion Comapny Information
6.2.2 Hexion Business Overview
6.2.3 Hexion Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Hexion Phenolic Resin for Friction Materials Product Portfolio
6.2.5 Hexion Recent Developments
6.3 Mitsui Chemicals
6.3.1 Mitsui Chemicals Comapny Information
6.3.2 Mitsui Chemicals Business Overview
6.3.3 Mitsui Chemicals Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Mitsui Chemicals Phenolic Resin for Friction Materials Product Portfolio
6.3.5 Mitsui Chemicals Recent Developments
6.4 DIC Corporation
6.4.1 DIC Corporation Comapny Information
6.4.2 DIC Corporation Business Overview
6.4.3 DIC Corporation Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2019-2024)
6.4.4 DIC Corporation Phenolic Resin for Friction Materials Product Portfolio
6.4.5 DIC Corporation Recent Developments
6.5 Shengquan Group
6.5.1 Shengquan Group Comapny Information
6.5.2 Shengquan Group Business Overview
6.5.3 Shengquan Group Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Shengquan Group Phenolic Resin for Friction Materials Product Portfolio
6.5.5 Shengquan Group Recent Developments
6.6 KANGNAM CHEMICAL
6.6.1 KANGNAM CHEMICAL Comapny Information
6.6.2 KANGNAM CHEMICAL Business Overview
6.6.3 KANGNAM CHEMICAL Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2019-2024)
6.6.4 KANGNAM CHEMICAL Phenolic Resin for Friction Materials Product Portfolio
6.6.5 KANGNAM CHEMICAL Recent Developments
6.7 Shandong Laiwu Runda New Material
6.7.1 Shandong Laiwu Runda New Material Comapny Information
6.7.2 Shandong Laiwu Runda New Material Business Overview
6.7.3 Shandong Laiwu Runda New Material Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Shandong Laiwu Runda New Material Phenolic Resin for Friction Materials Product Portfolio
6.7.5 Shandong Laiwu Runda New Material Recent Developments
6.8 Kuentek Cashew
6.8.1 Kuentek Cashew Comapny Information
6.8.2 Kuentek Cashew Business Overview
6.8.3 Kuentek Cashew Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Kuentek Cashew Phenolic Resin for Friction Materials Product Portfolio
6.8.5 Kuentek Cashew Recent Developments
6.9 Sprea Misr
6.9.1 Sprea Misr Comapny Information
6.9.2 Sprea Misr Business Overview
6.9.3 Sprea Misr Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Sprea Misr Phenolic Resin for Friction Materials Product Portfolio
6.9.5 Sprea Misr Recent Developments
6.
10 Zhejiang Hangzhou Friction Composites
6.10.1 Zhejiang Hangzhou Friction Composites Comapny Information
6.10.2 Zhejiang Hangzhou Friction Composites Business Overview
6.10.3 Zhejiang Hangzhou Friction Composites Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Zhejiang Hangzhou Friction Composites Phenolic Resin for Friction Materials Product Portfolio
6.10.5 Zhejiang Hangzhou Friction Composites Recent Developments
7 North America by Country
7.1 North America Phenolic Resin for Friction Materials Sales by Country
7.1.1 North America Phenolic Resin for Friction Materials Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Phenolic Resin for Friction Materials Sales by Country (2019-2024)
7.1.3 North America Phenolic Resin for Friction Materials Sales Forecast by Country (2025-2030)
7.2 North America Phenolic Resin for Friction Materials Market Size by Country
7.2.1 North America Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Phenolic Resin for Friction Materials Market Size by Country (2019-2024)
7.2.3 North America Phenolic Resin for Friction Materials Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Phenolic Resin for Friction Materials Sales by Country
8.1.1 Europe Phenolic Resin for Friction Materials Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Phenolic Resin for Friction Materials Sales by Country (2019-2024)
8.1.3 Europe Phenolic Resin for Friction Materials Sales Forecast by Country (2025-2030)
8.2 Europe Phenolic Resin for Friction Materials Market Size by Country
8.2.1 Europe Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Phenolic Resin for Friction Materials Market Size by Country (2019-2024)
8.2.3 Europe Phenolic Resin for Friction Materials Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Phenolic Resin for Friction Materials Sales by Country
9.1.1 Asia-Pacific Phenolic Resin for Friction Materials Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Phenolic Resin for Friction Materials Sales by Country (2019-2024)
9.1.3 Asia-Pacific Phenolic Resin for Friction Materials Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Phenolic Resin for Friction Materials Market Size by Country
9.2.1 Asia-Pacific Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Phenolic Resin for Friction Materials Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Phenolic Resin for Friction Materials Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Phenolic Resin for Friction Materials Sales by Country
10.1.1 Latin America Phenolic Resin for Friction Materials Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Phenolic Resin for Friction Materials Sales by Country (2019-2024)
10.1.3 Latin America Phenolic Resin for Friction Materials Sales Forecast by Country (2025-2030)
10.2 Latin America Phenolic Resin for Friction Materials Market Size by Country
10.2.1 Latin America Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Phenolic Resin for Friction Materials Market Size by Country (2019-2024)
10.2.3 Latin America Phenolic Resin for Friction Materials Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Phenolic Resin for Friction Materials Sales by Country
11.1.1 Middle East and Africa Phenolic Resin for Friction Materials Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Phenolic Resin for Friction Materials Sales by Country (2019-2024)
11.1.3 Middle East and Africa Phenolic Resin for Friction Materials Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Phenolic Resin for Friction Materials Market Size by Country
11.2.1 Middle East and Africa Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Phenolic Resin for Friction Materials Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Phenolic Resin for Friction Materials Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Phenolic Resin for Friction Materials Value Chain Analysis
12.1.1 Phenolic Resin for Friction Materials Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Phenolic Resin for Friction Materials Production Mode & Process
12.2 Phenolic Resin for Friction Materials Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Phenolic Resin for Friction Materials Distributors
12.2.3 Phenolic Resin for Friction Materials Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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