Market Overview:
The global high heat resistance phenolic molding compounds market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for high heat resistance phenolic molding compounds from various end-use industries, such as automotive motors, power tools, and household appliances. In addition, the growing demand for lightweight and durable components in automobiles is also fueling the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rapid industrialization and rising demand for high heat resistance phenolic molding compounds from various end-use industries in this region.
Product Definition:
High Heat Resistance Phenolic Molding Compounds are compounds that are used in molding to create objects with high heat resistance. The importance of High Heat Resistance Phenolic Molding Compounds is that they help create objects that can withstand high levels of heat without melting or warping.
Engineering Grade Phenolic Molding Compounds:
Engineering grade phenolic molding compounds are specialty chemicals that are used to manufacture high heat resistant phenolic parts. These products have applications in various industries such as aerospace, automotive and electrical & electronics. The growing demand for lightweight vehicles coupled with stringent regulations regarding vehicle safety is expected to drive the market over the forecast period.
General Purpose Phenolic Molding Compounds:
General purpose phenolic molding compounds are thermoplastic polymers with a high melting point. They can be used as substitutes for thermoset materials such as epoxies and other phenolic resins. The most important application of these compounds is in the production of high heat resistance phenolic molding compound which is widely used in automotive components, aircraft parts, household appliances and industrial machinery among others.
Application Insights:
The global high heat resistance phenolic molding compounds market is segmented by application into automotive motors, power tools, household appliances and other applications. The automotive motors segment dominated the overall industry in terms of revenue share in 2017. This can be attributed to the growing demand for vehicles from developing countries such as China and India. In addition, factors such as increasing disposable income coupled with rising per capita consumption of energy are expected to drive the demand for automobiles over the forecast period thus propelling product demand globally over next eight years or so.
Power tools were estimated as one of the fastest-growing segments during recent times owing to increasing industrialization along with urbanization in developing regions across Asia Pacific and Central & South America which has resulted in increased need for construction activities that require a considerable amount of power tool usage globally Phenolic molding compounds have excellent properties including thermal shock resistance, impact strength/weight ratio flexibility cost reduction etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing construction activities in emerging economies including China, India, Indonesia, Malaysia and Thailand. The region has been witnessing strong economic growth over the past few years which is likely to continue over the forecast period.
North America was estimated as one of the largest markets by volume in 2017 owing to high product utilization across various industries including automotive motors, power tools, household appliances among others.
Growth Factors:
- Increasing demand for high heat resistance phenolic molding compounds from the automotive and aerospace industries due to their excellent thermal and mechanical properties.
- Rising demand for lightweight and durable components in the automotive and aerospace industries.
- Growing popularity of phenolic molding compounds as a replacement for traditional metals in various applications owing to their superior properties such as heat resistance, corrosion resistance, etc.
- Technological advancements that have led to the development of new grades of phenolic molding compounds with improved performance characteristics over traditional materials.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Heat Resistance Phenolic Molding Compounds Market Research Report
By Type
Engineering Grade Phenolic Molding Compounds, General Purpose Phenolic Molding Compounds
By Application
Automotive Motors, Power Tools, Household Appliances, Others
By Companies
Sumitomo Bakelite, Panasonic, Chang Chun Group, Hexion, Amity Thermosets (P) Ltd, Sprea Misr, Jiangsu Zhongpeng New Material, Changshu Southeast Plastic, Wuxi Chuangda Advanced Materials, Beijing Sino-tech Electronic Material, Chengmao Tools Industrial
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global High Heat Resistance Phenolic Molding Compounds Market Report Segments:
The global High Heat Resistance Phenolic Molding Compounds market is segmented on the basis of:
Types
Engineering Grade Phenolic Molding Compounds, General Purpose Phenolic Molding Compounds
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
Automotive Motors, Power Tools, Household Appliances, Others
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:
- Sumitomo Bakelite
- Panasonic
- Chang Chun Group
- Hexion
- Amity Thermosets (P) Ltd
- Sprea Misr
- Jiangsu Zhongpeng New Material
- Changshu Southeast Plastic
- Wuxi Chuangda Advanced Materials
- Beijing Sino-tech Electronic Material
- Chengmao Tools Industrial
Highlights of The High Heat Resistance Phenolic Molding Compounds 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:
- Engineering Grade Phenolic Molding Compounds
- General Purpose Phenolic Molding Compounds
- By Application:
- Automotive Motors
- Power Tools
- Household Appliances
- Others
- 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 High Heat Resistance Phenolic Molding Compounds 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
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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?
High heat resistance phenolic molding compounds are a type of thermoplastic resin that can withstand high temperatures. They are often used in products that need to resist heat, such as oven mitts and cookware.
Some of the major companies in the high heat resistance phenolic molding compounds market are Sumitomo Bakelite, Panasonic, Chang Chun Group, Hexion, Amity Thermosets (P) Ltd, Sprea Misr, Jiangsu Zhongpeng New Material, Changshu Southeast Plastic, Wuxi Chuangda Advanced Materials, Beijing Sino-tech Electronic Material, Chengmao Tools Industrial.
The high heat resistance phenolic molding compounds 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 High Heat Resistance Phenolic Molding Compounds 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 High Heat Resistance Phenolic Molding Compounds Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Heat Resistance Phenolic Molding Compounds 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 High Heat Resistance Phenolic Molding Compounds 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 High Heat Resistance Phenolic Molding Compounds Market Size & Forecast, 2018-2028
4.5.1 High Heat Resistance Phenolic Molding Compounds Market Size and Y-o-Y Growth
4.5.2 High Heat Resistance Phenolic Molding Compounds Market Absolute $ Opportunity
Chapter 5 Global High Heat Resistance Phenolic Molding Compounds 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 High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Type
5.2.1 Engineering Grade Phenolic Molding Compounds
5.2.2 General Purpose Phenolic Molding Compounds
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Heat Resistance Phenolic Molding Compounds 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 High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Applications
6.2.1 Automotive Motors
6.2.2 Power Tools
6.2.3 Household Appliances
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Heat Resistance Phenolic Molding Compounds 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 High Heat Resistance Phenolic Molding Compounds 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 High Heat Resistance Phenolic Molding Compounds Analysis and Forecast
9.1 Introduction
9.2 North America High Heat Resistance Phenolic Molding Compounds 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 High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Type
9.6.1 Engineering Grade Phenolic Molding Compounds
9.6.2 General Purpose Phenolic Molding Compounds
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 High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Applications
9.10.1 Automotive Motors
9.10.2 Power Tools
9.10.3 Household Appliances
9.10.4 Others
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 High Heat Resistance Phenolic Molding Compounds Analysis and Forecast
10.1 Introduction
10.2 Europe High Heat Resistance Phenolic Molding Compounds 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 High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Type
10.6.1 Engineering Grade Phenolic Molding Compounds
10.6.2 General Purpose Phenolic Molding Compounds
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 High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Applications
10.10.1 Automotive Motors
10.10.2 Power Tools
10.10.3 Household Appliances
10.10.4 Others
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 High Heat Resistance Phenolic Molding Compounds Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Heat Resistance Phenolic Molding Compounds 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 High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Type
11.6.1 Engineering Grade Phenolic Molding Compounds
11.6.2 General Purpose Phenolic Molding Compounds
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 High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Applications
11.10.1 Automotive Motors
11.10.2 Power Tools
11.10.3 Household Appliances
11.10.4 Others
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 High Heat Resistance Phenolic Molding Compounds Analysis and Forecast
12.1 Introduction
12.2 Latin America High Heat Resistance Phenolic Molding Compounds 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 High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Type
12.6.1 Engineering Grade Phenolic Molding Compounds
12.6.2 General Purpose Phenolic Molding Compounds
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 High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Applications
12.10.1 Automotive Motors
12.10.2 Power Tools
12.10.3 Household Appliances
12.10.4 Others
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) High Heat Resistance Phenolic Molding Compounds Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Heat Resistance Phenolic Molding Compounds 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) High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Type
13.6.1 Engineering Grade Phenolic Molding Compounds
13.6.2 General Purpose Phenolic Molding Compounds
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) High Heat Resistance Phenolic Molding Compounds Market Size Forecast by Applications
13.10.1 Automotive Motors
13.10.2 Power Tools
13.10.3 Household Appliances
13.10.4 Others
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 High Heat Resistance Phenolic Molding Compounds Market: Competitive Dashboard
14.2 Global High Heat Resistance Phenolic Molding Compounds Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sumitomo Bakelite
14.3.2 Panasonic
14.3.3 Chang Chun Group
14.3.4 Hexion
14.3.5 Amity Thermosets (P) Ltd
14.3.6 Sprea Misr
14.3.7 Jiangsu Zhongpeng New Material
14.3.8 Changshu Southeast Plastic
14.3.9 Wuxi Chuangda Advanced Materials
14.3.10 Beijing Sino-tech Electronic Material
14.3.11 Chengmao Tools Industrial
