The global phenolic resins for casting market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for phenolic resins in various applications such as foundry binders and grinding wheels. Phenolic resin grinding wheels are used in metalworking industries for cutting, shaping, and finishing metal parts. Foundry binders are used in foundries for binding sand molds with molten metals such as aluminum and copper alloys. The growing demand for these products is expected to drive the growth of this market during the forecast period.
The global phenolic resins for casting market has been segmented on the basis of type into granular resin and flaky resin; on the basis of application into phenolic resin grinding wheel and foundry binder; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- Phenolic resin is used as an adhesive and binder in woodworking and furniture industries due to its high strength and durability properties which are required for these applications.
- Phenolic resin has excellent resistance against water, heat, chemicals, and abrasion which makes it suitable for use in various applications such as automotive parts, electrical insulation materials, adhesives & sealants etc, thereby driving the demand for this product across various industries globally.
Industry Growth Insights published a new data on “Phenolic Resins for Casting Market”. The research report is titled “Phenolic Resins for Casting Market research by Types (Granular Resin, Flaky Resin), By Applications (Phenolic Resin Grinding Wheel, Foundry Binder, Others), By Players/Companies Hexion, Sbhpp, SI Group, Jinan Shengquan Group, Metadynea International, Chang Chun Group, Prefere Resins, Kolon Industries, Plenco, Shandong Laiwu Runda, UCP Chemicals AG, Lerg SA”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Phenolic Resins for Casting Market Research Report
By Type
Granular Resin, Flaky Resin
By Application
Phenolic Resin Grinding Wheel, Foundry Binder, Others
By Companies
Hexion, Sbhpp, SI Group, Jinan Shengquan Group, Metadynea International, Chang Chun Group, Prefere Resins, Kolon Industries, Plenco, Shandong Laiwu Runda, UCP Chemicals AG, Lerg SA
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Phenolic Resins for Casting Market Report Segments:
The global Phenolic Resins for Casting market is segmented on the basis of:
Types
Granular Resin, Flaky 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
Phenolic Resin Grinding Wheel, Foundry Binder, 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:
- Hexion
- Sbhpp
- SI Group
- Jinan Shengquan Group
- Metadynea International
- Chang Chun Group
- Prefere Resins
- Kolon Industries
- Plenco
- Shandong Laiwu Runda
- UCP Chemicals AG
- Lerg SA
Highlights of The Phenolic Resins for Casting 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:
- Granular Resin
- Flaky Resin
- By Application:
- Phenolic Resin Grinding Wheel
- Foundry Binder
- 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 Phenolic Resins for Casting 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
- Business Expansion 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?
Phenolic resins are used in casting to create molds and patterns. They are also used as a binder in resin products.
Some of the major players in the phenolic resins for casting market are Hexion, Sbhpp, SI Group, Jinan Shengquan Group, Metadynea International, Chang Chun Group, Prefere Resins, Kolon Industries, Plenco, Shandong Laiwu Runda, UCP Chemicals AG, Lerg SA.
The phenolic resins for casting market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Phenolic Resins for Casting 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. Phenolic Resins for Casting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Phenolic Resins for Casting Market - Supply Chain
4.5. Global Phenolic Resins for Casting Market Forecast
4.5.1. Phenolic Resins for Casting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Phenolic Resins for Casting Market Size (000 Units) and Y-o-Y Growth
4.5.3. Phenolic Resins for Casting Market Absolute $ Opportunity
5. Global Phenolic Resins for Casting 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. Phenolic Resins for Casting Market Size and Volume Forecast by Type
5.3.1. Granular Resin
5.3.2. Flaky Resin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Phenolic Resins for Casting 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. Phenolic Resins for Casting Market Size and Volume Forecast by Application
6.3.1. Phenolic Resin Grinding Wheel
6.3.2. Foundry Binder
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Phenolic Resins for Casting 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. Phenolic Resins for Casting 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 Phenolic Resins for Casting 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. Phenolic Resins for Casting 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 Phenolic Resins for Casting Demand Share Forecast, 2019-2026
9. North America Phenolic Resins for Casting 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 Phenolic Resins for Casting 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 Phenolic Resins for Casting Market Size and Volume Forecast by Application
9.4.1. Phenolic Resin Grinding Wheel
9.4.2. Foundry Binder
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Phenolic Resins for Casting Market Size and Volume Forecast by Type
9.7.1. Granular Resin
9.7.2. Flaky Resin
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 Phenolic Resins for Casting Demand Share Forecast, 2019-2026
10. Latin America Phenolic Resins for Casting 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 Phenolic Resins for Casting 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 Phenolic Resins for Casting Market Size and Volume Forecast by Application
10.4.1. Phenolic Resin Grinding Wheel
10.4.2. Foundry Binder
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Phenolic Resins for Casting Market Size and Volume Forecast by Type
10.7.1. Granular Resin
10.7.2. Flaky Resin
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 Phenolic Resins for Casting Demand Share Forecast, 2019-2026
11. Europe Phenolic Resins for Casting 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 Phenolic Resins for Casting 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 Phenolic Resins for Casting Market Size and Volume Forecast by Application
11.4.1. Phenolic Resin Grinding Wheel
11.4.2. Foundry Binder
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Phenolic Resins for Casting Market Size and Volume Forecast by Type
11.7.1. Granular Resin
11.7.2. Flaky Resin
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 Phenolic Resins for Casting Demand Share, 2019-2026
12. Asia Pacific Phenolic Resins for Casting 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 Phenolic Resins for Casting 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 Phenolic Resins for Casting Market Size and Volume Forecast by Application
12.4.1. Phenolic Resin Grinding Wheel
12.4.2. Foundry Binder
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Phenolic Resins for Casting Market Size and Volume Forecast by Type
12.7.1. Granular Resin
12.7.2. Flaky Resin
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 Phenolic Resins for Casting Demand Share, 2019-2026
13. Middle East & Africa Phenolic Resins for Casting 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 Phenolic Resins for Casting 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 Phenolic Resins for Casting Market Size and Volume Forecast by Application
13.4.1. Phenolic Resin Grinding Wheel
13.4.2. Foundry Binder
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Phenolic Resins for Casting Market Size and Volume Forecast by Type
13.7.1. Granular Resin
13.7.2. Flaky Resin
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 Phenolic Resins for Casting Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Phenolic Resins for Casting Market: Market Share Analysis
14.2. Phenolic Resins for Casting Distributors and Customers
14.3. Phenolic Resins for Casting Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hexion
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sbhpp
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SI Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jinan Shengquan Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Metadynea International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chang Chun Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Prefere Resins
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kolon Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Plenco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shandong Laiwu Runda
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. UCP Chemicals AG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lerg SA
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
