Chemical and Materials

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Global Phenolic Board Market – Industry Trends and Forecast to 2028

  • Chemical and Materials
  • Upcoming Report
  • Dec 2020
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Phenolic Board Market, By Thickness (≤40 mm, >40 mm), Application (Interior, Building and Construction, Insulation Panel, Exterior, Furniture, Others), End Use (Residential, Commercial, Industrial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Phenolic Board MarketMarket Analysis and Insights : Global Phenolic Board Market

Phenolic board market size is valued at USD 2.15 billion by 2028 and is expected to grow at a compound annual growth rate of 2.80% for the forecast period of 2021 to 2028.  Data Bridge Market Research report on phenolic board market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Phenolic board also known by the name of phenolic panels is a type of plywood like material which is feigned with the help of woven fabrics or high density thermo-setting cellulose fabrics together with phenolic resins. These boards are manufactured by pressing woven cellulose fabrics with phenolic resins under very high pressure.

The jump back in residential buildings is expected to fuel the growth of the construction industry, which is projected to positively influence the phenolic board market growth rate. Also the increasing population growth along with rapid urbanization rate in emerging regions has catalyzed the building and construction activities across the world which is also acting as a key determinant favoring the growth of the market over the forecast period of 2021 to 2028. The major factor accountable for the growth of the market is the various manufacturers are adopting new techniques to persuade phenolic resins to meet the needs of end-use industries, which is highly impacting the growth of the target market. Beside this, the numerous grades of phenolic board with beneficial properties such waterproof, fire resistant, termite and weed resistant is also flourishing the growth of the phenolic board market. However, the high cost of phenolic board when compared to traditional plywood may act as key restraints towards phenolic board market growth rate in the forecast period of 2021 to 2028, whereas the easy availability of product alternate have the potential to challenge the growth of the target market.

Furthermore, the rapidly increasing spending in building interiors such as wall partitions, false ceilings and insulating units will further offer a variety of growth opportunities for the phenolic board market in the above mentioned forecast period. Also, the obligation of stringent industrial norms for worker safety and welfare is also highly impacting the growth of the phenolic board market in the forecast. Likewise, the permanent populace development alongside fast urbanization rate is also expected to drive the demand for phenolic board market.

This phenolic board market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on phenolic board market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Phenolic Board Market Scope and Market Size

Phenolic board market is segmented on the basis of thickness, application and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

  • Based on thickness, the phenolic board market is segmented into ≤40 mm and >40 mm.
  • On the basis of application, the phenolic board market is segmented into interior, building and construction, insulation panel, exterior, furniture and others. Others have further been segmented into countertops, screens and truck beds.
  • The end use segment for phenolic board market is segmented into residential, commercial and industrial.

Phenolic Board Market Country Level Analysis

Phenolic board market is analyzed and market size, volume information is provided by country, thickness, application and end use as referenced above.

The countries covered in the phenolic board market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific is leads the phenolic board market owing to the increasing population and rising urbanization which has resulted into the increase in the number of building and construction activities in this region. North America is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to increase in research and development activities in resins and the growing use of additives in improving the performance in this particular region.

The country section of the phenolic board market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Phenolic Board Market Share Analysis

Phenolic board market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to phenolic board market.

The major players covered in the phenolic board market report are Spigo Group, Guangdong Yuhua Building Materials Co., Ltd., Linyi Jiate Import & Export Co., Ltd., Phenolam India Pvt. Ltd., UNILIN, Kingspan Group, SEKISUI CHEMICAL CO., LTD., Asahi Kasei Corporation, Unitech Enterprise Private Limited, LINYI CONSMOS WOOD INDUSTRY CO., LTD., Changzhou Zhongtian Fireproof Decorative Sheets Co., Ltd., Shallin Electronics Co., Ltd., Linyi Yachen Wood Co., Ltd., Shandong Green Plastic Co., Ltd., Stonewood Architectural Panel, Shouguang Fuji Wood Industry Co., Ltd., Sourci, OKCHEM, LG HAUSYS and Fiberesin Industries, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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