Market Overview:
The global alkyl phenolic resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for alkyl phenolic resins from various applications such as printing ink, varnish, PU solvent adhesive, tackifier and others. In terms of type, the lump segment is expected to dominate the global alkyl phenolic resin market during the forecast period owing to its properties such as high reactivity and better solubility in organic solvents. In terms of region, North America is expected to lead the global alkyl phenolic resin market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Alkyl phenolic resin is a synthetic resin that is derived from the reaction of an alkylphenol and formaldehyde. It is a thermoset plastic that is used in numerous applications, including adhesives, coatings, and sealants.
Lump:
Lump is a by-product formed during the manufacturing process of alkyl phenolic resins. It consists of carbon and hydrogen in an amorphous form. Lump can be utilized as a substitute for Phenol Formaldehyde (PFR) in various end-use industries such as paints & coatings, adhesives, plastics, rubber products and printing inks among others.
Flake:
Flake is a type of particulate matter that is generated naturally in the upper atmosphere by means of pollution from industrial and domestic activities. It forms snow-like crystals around 10 to 12 miles above the earth’s surface. The larger flakes usually reach the ground, but some smaller flakes remain in the air for longer periods.
The flake size has an important effect on their chemical.
Application Insights:
The printing ink application segment led the global alkyl phenolic resin market in 2017. This is attributed to its properties, such as high water resistance and fast dryness, which make it suitable for a wide range of printing applications. Moreover, increasing demand for digital marketing and advertising is expected to drive the product demand in this application over the forecast period.
Varnish was the second-largest segmented application of AP resin in 2017 owing to its ability to protect metal surfaces from oxidation and corrosion while offering flexibility at temperatures up to 200°C (392°F). Varnishes are used across several end-use industries including automotive, marine equipment manufacturing and construction industry among others. Increasing use of varnishes on account of their properties such as durability against weather conditions along with low maintenance requirements will drive growth over the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to cheap labor costs, availability of raw materials, and high economic growth rates in emerging economies such as China and India. Increasing demand from end-use industries such as printing ink, varnish, PU solvent adhesive is anticipated to drive the market further.
The growing automotive industry coupled with increasing investments by multinational companies in developing countries are projected to boost product demand over the forecast period. For instance; In January 2018; Eastman Chemical Co., announced about investing USD X million for expanding its alkylphenol manufacturing capacity at Itshares Phosphate Esters (IPE) plant located at Surat city of Gujarat state in India. This investment aims at catering to increased domestic consumption along with export opportunities offered by Surat Free Trade Zone (TFZ).
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and electrical & electronics
- Rising demand for lightweight and durable materials in automotive sector
- Growing infrastructure development in emerging economies
- Increasing penetration of alkyl phenolic resin in composites market
- Technological advancements to improve the properties of alkyl phenolic resin
Scope Of The Report
Report Attributes
Report Details
Report Title
Alkyl Phenolic Resin Market Research Report
By Type
Lump, Flake
By Application
Printing Ink, Varnish, PU Solvent Adhesive, Tackifier, Other
By Companies
Arakawa Chemical Industries,Ltd., Neostar United Industrial Co., Ltd., Foreverest Resources Ltd., Triveni Chemicals, Fine Chemicals, Abelin Polymers, Haihang Industry Co., Ltd., Hangzhou FandaChem Co.,Ltd, Zhejiang J&C Biological Technology Co.,Limited, Arakawa Chemical Industries,Ltd.
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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Alkyl Phenolic Resin Market Report Segments:
The global Alkyl Phenolic Resin market is segmented on the basis of:
Types
Lump, Flake
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
Printing Ink, Varnish, PU Solvent Adhesive, Tackifier, Other
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:
- Arakawa Chemical Industries,Ltd.
- Neostar United Industrial Co., Ltd.
- Foreverest Resources Ltd.
- Triveni Chemicals
- Fine Chemicals
- Abelin Polymers
- Haihang Industry Co., Ltd.
- Hangzhou FandaChem Co.,Ltd
- Zhejiang J&C Biological Technology Co.,Limited
- Arakawa Chemical Industries,Ltd.
Highlights of The Alkyl Phenolic 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:
- Lump
- Flake
- By Application:
- Printing Ink
- Varnish
- PU Solvent Adhesive
- Tackifier
- Other
- 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 Alkyl Phenolic 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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?
Alkyl phenolic resin is a type of resin that is made from the reaction of an alkyl group with a phenol. Alkylphenolic resins are used in a variety of applications, including adhesives, sealants, and coatings.
Some of the key players operating in the alkyl phenolic resin market are Arakawa Chemical Industries,Ltd., Neostar United Industrial Co., Ltd., Foreverest Resources Ltd., Triveni Chemicals, Fine Chemicals, Abelin Polymers, Haihang Industry Co., Ltd., Hangzhou FandaChem Co.,Ltd, Zhejiang J&C Biological Technology Co.,Limited, Arakawa Chemical Industries,Ltd..
The alkyl phenolic resin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alkyl Phenolic Resin Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Alkyl Phenolic Resin Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Alkyl Phenolic Resin Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Alkyl Phenolic Resin Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Alkyl Phenolic Resin Market Size & Forecast, 2020-2028 4.5.1 Alkyl Phenolic Resin Market Size and Y-o-Y Growth 4.5.2 Alkyl Phenolic Resin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Lump
5.2.2 Flake
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Printing Ink
6.2.2 Varnish
6.2.3 PU Solvent Adhesive
6.2.4 Tackifier
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alkyl Phenolic Resin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alkyl Phenolic Resin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Lump
9.6.2 Flake
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Printing Ink
9.10.2 Varnish
9.10.3 PU Solvent Adhesive
9.10.4 Tackifier
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Lump
10.6.2 Flake
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Printing Ink
10.10.2 Varnish
10.10.3 PU Solvent Adhesive
10.10.4 Tackifier
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Lump
11.6.2 Flake
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Printing Ink
11.10.2 Varnish
11.10.3 PU Solvent Adhesive
11.10.4 Tackifier
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Lump
12.6.2 Flake
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Printing Ink
12.10.2 Varnish
12.10.3 PU Solvent Adhesive
12.10.4 Tackifier
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Lump
13.6.2 Flake
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Printing Ink
13.10.2 Varnish
13.10.3 PU Solvent Adhesive
13.10.4 Tackifier
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alkyl Phenolic Resin Market: Competitive Dashboard
14.2 Global Alkyl Phenolic Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arakawa Chemical Industries,Ltd.
14.3.2 Neostar United Industrial Co., Ltd.
14.3.3 Foreverest Resources Ltd.
14.3.4 Triveni Chemicals
14.3.5 Fine Chemicals
14.3.6 Abelin Polymers
14.3.7 Haihang Industry Co., Ltd.
14.3.8 Hangzhou FandaChem Co.,Ltd
14.3.9 Zhejiang J&C Biological Technology Co.,Limited
14.3.10 Arakawa Chemical Industries,Ltd.