Global Phenolic Resins Market Growth 2025-2031

Global Phenolic Resins Market Growth 2025-2031

The global Phenolic Resins market size is predicted to grow from US$ 12570 million in 2025 to US$ 15670 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031.

Phenol formaldehyde resins (PF) or phenolic resins are synthetic polymers obtained by the reaction of phenol or substituted phenol with formaldehyde. Phenolic resin, a synthetic plastic, colorless or yellowish brown transparent solid, excellent in heat resistance, flame resistance, water resistance and insulation, good acid resistance, poor alkali resistance, good mechanical and electrical properties, easy to cut, Divided into two types of thermosetting plastics and thermoplastics.

Global Phenolic Resins key players include Hexion, Jinan Shengquan Group, Sbhpp, Shandong Yushi Giant Chemical, SI Group, etc. Global top five manufacturers hold a share about 22%. Asia Pacific is the largest market, with a share about 35%, followed by Europe and North America, both have a share about 53 percent. In terms of product, Thermosetting Phenolic Resin is the largest segment, with a share over 83%. And in terms of application, the largest application is Wood Adhesives, followed by Molding, etc.

LP Information, Inc. (LPI) ' newest research report, the “Phenolic Resins Industry Forecast” looks at past sales and reviews total world Phenolic Resins sales in 2024, providing a comprehensive analysis by region and market sector of projected Phenolic Resins sales for 2025 through 2031. With Phenolic Resins sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phenolic Resins industry.

This Insight Report provides a comprehensive analysis of the global Phenolic Resins landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Phenolic Resins portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Phenolic Resins market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phenolic Resins and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Phenolic Resins.

This report presents a comprehensive overview, market shares, and growth opportunities of Phenolic Resins market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Thermoplastic Phenolic Resin
Thermosetting Phenolic Resin

Segmentation by Application:
Wood Adhesives
Foundry
Molding
Abrasive Material
Insulation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hexion
Jinan Shengquan Group
Sbhpp
Shandong Yushi Giant Chemical
SI Group
Red Avenue New Materials Group
Prefere Resins
Aica Kogyo
Chang Chun Group
Metadynea International
Kolon Industries
Shandong Laiwu Runda
Georgia-Pacific Chemicals
Allnex
Plenco
UCP Chemicals AG
Lerg SA

Key Questions Addressed in this Report

What is the 10-year outlook for the global Phenolic Resins market?

What factors are driving Phenolic Resins market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Phenolic Resins market opportunities vary by end market size?

How does Phenolic Resins break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.