Market Overview:
The global phenolic resin for automobiles market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for phenolic resin from the automotive industry across the globe. Based on type, the global phenolic resin for automobiles market has been segmented into thermoplastic phenolic resin and thermosetting phenolic resin. On the basis of application, adhesives for vehicles are expected to account for a major share of the global Phenolic Resin For Automobiles Market during 2018-2030 owing to their extensive use in bonding different parts of a vehicle together.
Product Definition:
A phenolic resin is a synthetic resin that is made from phenol and formaldehyde. It is used in the manufacture of plastics, adhesives, and coatings. Phenolic resins are important for the automotive industry because they are used to make brake pads and other components that need to be heat resistant.
Thermoplastic Phenolic Resin:
Thermoplastic phenolic resins are synthetic thermosetting polymers with high heat stability and excellent mechanical strength. They are used as a replacement for metals and other engineering plastics in automotive applications such as engine covers, radiator grills, bumper cores, air ducts housing etc.
The global market for thermoplastic phenolic resin is expected to witness significant growth over the forecast period owing to its increasing demand in the automotive industry especially in developing countries like India.
Thermosetting Phenolic Resin:
Thermosetting phenolic resins are synthetic materials that are manufactured by combining different types of phenols with different thermosetting polymers. The most commonly used thermoplastic resin is Polyphenylene Sulfide (PPS).
Application Insights:
The circuit insulation components segment emerged as the dominant application and accounted for over 30% of the global phenolic resin for automobiles market in 2017. Circuit breakers, capacitors, chokes and inductors are some of the electrical equipment that are manufactured using phenolic resins. Circuit breakers are used to protect electrical equipment from electric shocks and they also act as a safety device to prevent short circuits when activated. Phenolic resins offer high dielectric strength, low moisture absorption property along with good thermal shock resistance which makes it suitable for use in circuit insulation components.
Oil filter paper is another significant application where these products find utility owing to their properties such as high tensile strength, chemical resistance and flexibility which make them ideal oil filter material. Filter papers made from natural fiber or synthetic materials do not possess sufficient mechanical strength required by engine manufacturers who demand filters that can withstand pressure changes during operation of an automobile engine without undergoing wear & tear or breaking down soon after being manufactured.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising disposable income, increasing vehicle production and sales, and government initiatives favoring passenger cars. China is expected to dominate the APAC market owing to its large domestic as well as export car manufacturing sector.
Europe was estimated at USD Phenolic resin for automobiles industry in 2016 and it is projected grow at a CAGR of XX% from 2017 to 2030 due their high thermal resistance property compared with other regions.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Rising automotive production in developing countries
- Growing preference for phenolic resin over traditional materials in automobile manufacturing
- Technological advancements in the field of phenolic resin automotive applications
- Stringent government regulations to reduce vehicular emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Phenolic Resin For Automobiles Market Research Report
By Type
Thermoplastic Phenolic Resin, Thermosetting Phenolic Resin
By Application
Adhesives For Vehicles, Car Body Insulation Layer, Oil Filter Paper, Circuit Insulation Components, Other
By Companies
Momentive, Georgia-Pacific Chemicals, SI Group, Prefere Resins, Sumitomo Bakelite, DIC, BASF, Mitsui Chemicals, Huttenes-Albertus, KOLON Chemical, Momentive, AOC, Hitachi Chemical, UCP Chemicals, Panasonic, DPCL Dujodwala Paper Chemicals, Xpro India, SQ GROUP, Chang Chun Corporation, Shandong Runda, Zhengzhou Shuangge, Changshu South-East Plastic
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Phenolic Resin For Automobiles Market Report Segments:
The global Phenolic Resin For Automobiles market is segmented on the basis of:
Types
Thermoplastic Phenolic Resin, Thermosetting Phenolic Resin
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
Adhesives For Vehicles, Car Body Insulation Layer, Oil Filter Paper, Circuit Insulation Components, 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:
- Momentive
- Georgia-Pacific Chemicals
- SI Group
- Prefere Resins
- Sumitomo Bakelite
- DIC
- BASF
- Mitsui Chemicals
- Huttenes-Albertus
- KOLON Chemical
- Momentive
- AOC
- Hitachi Chemical
- UCP Chemicals
- Panasonic
- DPCL Dujodwala Paper Chemicals
- Xpro India
- SQ GROUP
- Chang Chun Corporation
- Shandong Runda
- Zhengzhou Shuangge
- Changshu South-East Plastic
Highlights of The Phenolic Resin For Automobiles 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:
- Thermoplastic Phenolic Resin
- Thermosetting Phenolic Resin
- By Application:
- Adhesives For Vehicles
- Car Body Insulation Layer
- Oil Filter Paper
- Circuit Insulation Components
- 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 Phenolic Resin For Automobiles 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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- Consumer Insights
- 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?
Phenolic resin is a type of automotive adhesive that is used to attach the body panels of cars together. It is a strong and durable adhesive that can hold up to extreme temperatures and weather conditions.
Some of the key players operating in the phenolic resin for automobiles market are Momentive, Georgia-Pacific Chemicals, SI Group, Prefere Resins, Sumitomo Bakelite, DIC, BASF, Mitsui Chemicals, Huttenes-Albertus, KOLON Chemical, Momentive, AOC, Hitachi Chemical, UCP Chemicals, Panasonic, DPCL Dujodwala Paper Chemicals, Xpro India, SQ GROUP, Chang Chun Corporation, Shandong Runda, Zhengzhou Shuangge, Changshu South-East Plastic.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Phenolic Resin For Automobiles 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 Phenolic Resin For Automobiles Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Phenolic Resin For Automobiles 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 Phenolic Resin For Automobiles 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 Phenolic Resin For Automobiles Market Size & Forecast, 2018-2028 4.5.1 Phenolic Resin For Automobiles Market Size and Y-o-Y Growth 4.5.2 Phenolic Resin For Automobiles Market Absolute $ Opportunity
Chapter 5 Global Phenolic Resin For Automobiles 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 Phenolic Resin For Automobiles Market Size Forecast by Type
5.2.1 Thermoplastic Phenolic Resin
5.2.2 Thermosetting Phenolic Resin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Phenolic Resin For Automobiles 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 Phenolic Resin For Automobiles Market Size Forecast by Applications
6.2.1 Adhesives For Vehicles
6.2.2 Car Body Insulation Layer
6.2.3 Oil Filter Paper
6.2.4 Circuit Insulation Components
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Phenolic Resin For Automobiles 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 Phenolic Resin For Automobiles 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 Phenolic Resin For Automobiles Analysis and Forecast
9.1 Introduction
9.2 North America Phenolic Resin For Automobiles 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 Phenolic Resin For Automobiles Market Size Forecast by Type
9.6.1 Thermoplastic Phenolic Resin
9.6.2 Thermosetting Phenolic Resin
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 Phenolic Resin For Automobiles Market Size Forecast by Applications
9.10.1 Adhesives For Vehicles
9.10.2 Car Body Insulation Layer
9.10.3 Oil Filter Paper
9.10.4 Circuit Insulation Components
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 Phenolic Resin For Automobiles Analysis and Forecast
10.1 Introduction
10.2 Europe Phenolic Resin For Automobiles 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 Phenolic Resin For Automobiles Market Size Forecast by Type
10.6.1 Thermoplastic Phenolic Resin
10.6.2 Thermosetting Phenolic Resin
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 Phenolic Resin For Automobiles Market Size Forecast by Applications
10.10.1 Adhesives For Vehicles
10.10.2 Car Body Insulation Layer
10.10.3 Oil Filter Paper
10.10.4 Circuit Insulation Components
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 Phenolic Resin For Automobiles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Phenolic Resin For Automobiles 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 Phenolic Resin For Automobiles Market Size Forecast by Type
11.6.1 Thermoplastic Phenolic Resin
11.6.2 Thermosetting Phenolic Resin
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 Phenolic Resin For Automobiles Market Size Forecast by Applications
11.10.1 Adhesives For Vehicles
11.10.2 Car Body Insulation Layer
11.10.3 Oil Filter Paper
11.10.4 Circuit Insulation Components
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 Phenolic Resin For Automobiles Analysis and Forecast
12.1 Introduction
12.2 Latin America Phenolic Resin For Automobiles 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 Phenolic Resin For Automobiles Market Size Forecast by Type
12.6.1 Thermoplastic Phenolic Resin
12.6.2 Thermosetting Phenolic Resin
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 Phenolic Resin For Automobiles Market Size Forecast by Applications
12.10.1 Adhesives For Vehicles
12.10.2 Car Body Insulation Layer
12.10.3 Oil Filter Paper
12.10.4 Circuit Insulation Components
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) Phenolic Resin For Automobiles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Phenolic Resin For Automobiles 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) Phenolic Resin For Automobiles Market Size Forecast by Type
13.6.1 Thermoplastic Phenolic Resin
13.6.2 Thermosetting Phenolic Resin
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) Phenolic Resin For Automobiles Market Size Forecast by Applications
13.10.1 Adhesives For Vehicles
13.10.2 Car Body Insulation Layer
13.10.3 Oil Filter Paper
13.10.4 Circuit Insulation Components
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 Phenolic Resin For Automobiles Market: Competitive Dashboard
14.2 Global Phenolic Resin For Automobiles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Momentive
14.3.2 Georgia-Pacific Chemicals
14.3.3 SI Group
14.3.4 Prefere Resins
14.3.5 Sumitomo Bakelite
14.3.6 DIC
14.3.7 BASF
14.3.8 Mitsui Chemicals
14.3.9 Huttenes-Albertus
14.3.10 KOLON Chemical
14.3.11 Momentive
14.3.12 AOC
14.3.13 Hitachi Chemical
14.3.14 UCP Chemicals
14.3.15 Panasonic
14.3.16 DPCL Dujodwala Paper Chemicals
14.3.17 Xpro India
14.3.18 SQ GROUP
14.3.19 Chang Chun Corporation
14.3.20 Shandong Runda
14.3.21 Zhengzhou Shuangge
14.3.22 Changshu South-East Plastic