Global Phenolic Resins for Rubber and Tire Products Market Growth 2024-2030

Global Phenolic Resins for Rubber and Tire Products Market Growth 2024-2030

Phenolic resins are synthetic polymers derived from the reaction of phenol (or substituted phenols) with formaldehyde. They are widely used in the rubber and tire industry as additives or binders due to their excellent properties such as high heat resistance, good adhesion, and mechanical strength.

The global Phenolic Resins for Rubber and Tire Products market size is projected to grow from US$ 856.9 million in 2023 to US$ 1195.8 million in 2030; it is expected to grow at a CAGR of 4.9% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Phenolic Resins for Rubber and Tire Products Industry Forecast” looks at past sales and reviews total world Phenolic Resins for Rubber and Tire Products sales in 2023, providing a comprehensive analysis by region and market sector of projected Phenolic Resins for Rubber and Tire Products sales for 2024 through 2030. With Phenolic Resins for Rubber and Tire Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phenolic Resins for Rubber and Tire Products industry.

This Insight Report provides a comprehensive analysis of the global Phenolic Resins for Rubber and Tire Products 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 for Rubber and Tire Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Phenolic Resins for Rubber and Tire Products market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phenolic Resins for Rubber and Tire Products 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 for Rubber and Tire Products.

There's a growing emphasis on developing phenolic resins with reduced environmental impact. This includes the use of sustainable raw materials, development of bio-based phenolic resins, and formulations that minimize emissions of volatile organic compounds (VOCs) during tire manufacturing.

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

Segmentation by type
Phenolic Reinforced Resin
Phenolic Adhesive Resin
Phenolic Tackifier Resin
Others

Segmentation by application
Automotive Tires
Agricultural Tires
Engineering Machinery Tires
Rubber Industry
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 analyzing the company's coverage, product portfolio, its market penetration.
Red Avenue New Materials Group
SI Group
Sumitomo Bakelite
Jinan Shengquan
KOLON
Allnex
Wuhan Jinghe Chemical
Hangmo New Materials Group
Shandong Yanggu Huatai Chemical
Resonac
Asahi Yukizai Corporation
Aica Kogyo
Cashew Co.,Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Phenolic Resins for Rubber and Tire Products market?

What factors are driving Phenolic Resins for Rubber and Tire Products market growth, globally and by region?

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

How do Phenolic Resins for Rubber and Tire Products market opportunities vary by end market size?

How does Phenolic Resins for Rubber and Tire Products break out type, application?

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