Global: Phenolic Resins Market Information by types (novolacs and resoles) & by applications (automobiles, construction) - Forecast To 2027

PUNE, MAHARASHTRA, INDIA, August 26, 2016 /EINPresswire.com/ -- Market Research Future (MRFR) Announces the Publication of its Research Report – Global Phenolic Resins Market 2016-2027

Market Research Future (MRFR) recognizes the following companies as the key players in the global Phenolic Resins market: Hitachi Chemical, Kolon Industries, BASF, and Mitsui Chemicals.

Other Prominent Vendors in the market are: DIC Corporation, SI Group, Georgia Pacific Chemicals, Sumitomo Bakelite and others.

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Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: “the two primary types of Phenolic Resins mainly novolacs and resoles. It has been forecasted that novolacs will dominate the global phenolic resins market by types due to its significance in molding and will be widely utilized in several applications such as laminates for aircrafts and electricals.

Taste the market data and market information presented through more than 70 market data tables and figures spread in 114 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Phenolic Resins Market - Forecast to 2027”

According to the report, Introduction of trade policies in phenolic resins is a key trend for this market. Governments of different countries, especially the American and APAC countries, are taking many initiatives to improving trade policies by introducing FTAs across geographical boundaries. FTAs reduce barriers on exports and improve trade opportunities. This helps in expanding phenolic resins across nations.

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Also the report states that, the high mechanical strengths, low toxicity, heat resistance, low smoke and other several properties has made the phenolic resins to make their use in the applications such as in laminations, wood adhesives, molding compound, construction, automobile and others. Growing demand of these applications has increased the production of phenolic resins to meet the current market demand. Also, phenolic resins is used in flame retardant which is very crucial for automobiles and aircrafts. Owing to these factors, the global phenolic resins market is expecting a potential demand.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Global Phenolic Resins Market research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenerios & strategies, of the Chelating Agents market market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.

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