The global molding compound phenolic thermoset resin market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for high-performance materials in various industries such as automotive, aerospace, and electronics. The automotive industry is one of the major end-users of these materials due to their excellent properties such as high strength and durability, which are required for manufacturing automobiles. The global molding compound phenolic thermoset resin market has been segmented on the basis of type into phenoli butyronitrile (PBT) and phenoli nylon (PN). PBT accounted for a share of over 50% in 2017 owing to its excellent properties such as high strength and durability that make it suitable for use in applications such as automobile components, electrical components, and electronic components. PN accounted for a share less than 10% in 2017 owing to its lower cost compared with PBT; however, it has been witnessing an increase in demand due to its low toxicity levels that make it suitable for use in applications such as medical devices or food packaging material. On the basis of application type, this market has been segmented into automobile industry; aerospace industry; electronics industry; others (medical devices). Automobile industry accounted for over 50% share in 2017 owing to its increasing demand from emerging economies like China and India where there is an increased focus on manufacturing automobiles with improved fuel efficiency standards which require higher performance materials like molding compounds made from phenolic thermoset resins. Aerospace industry accounted for less than 10% share owing to stringent regulations imposed by regulatory bodies across different countries which restrict usage of these materials because they are considered hazardous substances that can cause cancer or other health problems if inhaled or ingested over long periods.
- One of the key factors driving this market is the increasing demand for molding compounds phenolic thermoset resin in construction industry.
- One of the key factors hindering this market is high cost of raw materials and labor costs which are driving up prices for end products and services.
- The global Molding Compound Phenolic Thermoset Resin market has also been witnessing an increase in demand from emerging economies such as China and India due to their rapid economic growth and urbanization trends which are leading to increased investments on infrastructure development projects such as roads, bridges, buildings etc, thereby boosting demand for molding compounds phenolic thermoset resin used in construction industry across these regions 5) Increasing awareness about environmental issues among consumers has led to increased adoption of sustainable building materials such as molding compounds phenolic thermoset resin which have lower carbon footprint than traditional building materials like concrete or steel.
Industry Growth Insights published a new data on “Molding Compound Phenolic Thermoset Resin Market”. The research report is titled “Molding Compound Phenolic Thermoset Resin Market research by Types (Phenolic-Butyronitrile, Phenolic-Nylon, Others), By Applications (Automobile, Aerospace, Electronics), By Players/Companies Hexion Inc, Hitachi Chemical Company, BASF SE, Huntsman, Eastman Chemical, Kyocera Chemical, Evonik”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Molding Compound Phenolic Thermoset Resin Market Research Report
By Type
Phenolic-Butyronitrile, Phenolic-Nylon, Others
By Application
Automobile, Aerospace, Electronics
By Companies
Hexion Inc, Hitachi Chemical Company, BASF SE, Huntsman, Eastman Chemical, Kyocera Chemical, Evonik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Molding Compound Phenolic Thermoset Resin Market Report Segments:
The global Molding Compound Phenolic Thermoset Resin market is segmented on the basis of:
Types
Phenolic-Butyronitrile, Phenolic-Nylon, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile, Aerospace, Electronics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hexion Inc
- Hitachi Chemical Company
- BASF SE
- Huntsman
- Eastman Chemical
- Kyocera Chemical
- Evonik
Highlights of The Molding Compound Phenolic Thermoset Resin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Phenolic-Butyronitrile
- Phenolic-Nylon
- Others
- By Application:
- Automobile
- Aerospace
- Electronics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Molding Compound Phenolic Thermoset Resin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Molding compound phenolic thermoset resin is a type of thermoplastic resin that is used to make products such as plastic parts, furniture, and other objects. It is made from a mixture of phenolic resins and hardeners, which are then heated until the mixture becomes a solid. This type of resin can be tough and resistant to damage, making it ideal for use in products that need to be durable.
Some of the major companies in the molding compound phenolic thermoset resin market are Hexion Inc, Hitachi Chemical Company, BASF SE, Huntsman, Eastman Chemical, Kyocera Chemical, Evonik.
The molding compound phenolic thermoset resin market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Molding Compound Phenolic Thermoset Resin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Molding Compound Phenolic Thermoset Resin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Molding Compound Phenolic Thermoset Resin Market - Supply Chain
4.5. Global Molding Compound Phenolic Thermoset Resin Market Forecast
4.5.1. Molding Compound Phenolic Thermoset Resin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Molding Compound Phenolic Thermoset Resin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Molding Compound Phenolic Thermoset Resin Market Absolute $ Opportunity
5. Global Molding Compound Phenolic Thermoset Resin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Type
5.3.1. Phenolic-Butyronitrile
5.3.2. Phenolic-Nylon
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Molding Compound Phenolic Thermoset Resin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Application
6.3.1. Automobile
6.3.2. Aerospace
6.3.3. Electronics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Molding Compound Phenolic Thermoset Resin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Molding Compound Phenolic Thermoset Resin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Molding Compound Phenolic Thermoset Resin Demand Share Forecast, 2019-2026
9. North America Molding Compound Phenolic Thermoset Resin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Application
9.4.1. Automobile
9.4.2. Aerospace
9.4.3. Electronics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Type
9.7.1. Phenolic-Butyronitrile
9.7.2. Phenolic-Nylon
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Molding Compound Phenolic Thermoset Resin Demand Share Forecast, 2019-2026
10. Latin America Molding Compound Phenolic Thermoset Resin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Application
10.4.1. Automobile
10.4.2. Aerospace
10.4.3. Electronics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Type
10.7.1. Phenolic-Butyronitrile
10.7.2. Phenolic-Nylon
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Molding Compound Phenolic Thermoset Resin Demand Share Forecast, 2019-2026
11. Europe Molding Compound Phenolic Thermoset Resin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Application
11.4.1. Automobile
11.4.2. Aerospace
11.4.3. Electronics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by ype
11.7.1. Phenolic-Butyronitrile
11.7.2. Phenolic-Nylon
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Molding Compound Phenolic Thermoset Resin Demand Share, 2019-2026
12. Asia Pacific Molding Compound Phenolic Thermoset Resin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Application
12.4.1. Automobile
12.4.2. Aerospace
12.4.3. Electronics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Type
12.7.1. Phenolic-Butyronitrile
12.7.2. Phenolic-Nylon
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Molding Compound Phenolic Thermoset Resin Demand Share, 2019-2026
13. Middle East & Africa Molding Compound Phenolic Thermoset Resin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Application
13.4.1. Automobile
13.4.2. Aerospace
13.4.3. Electronics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Molding Compound Phenolic Thermoset Resin Market Size and Volume Forecast by Type
13.7.1. Phenolic-Butyronitrile
13.7.2. Phenolic-Nylon
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Molding Compound Phenolic Thermoset Resin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Molding Compound Phenolic Thermoset Resin Market: Market Share Analysis
14.2. Molding Compound Phenolic Thermoset Resin Distributors and Customers
14.3. Molding Compound Phenolic Thermoset Resin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hexion Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hitachi Chemical Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF SE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Huntsman
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eastman Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kyocera Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Evonik
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook