The Phenolic Resin Market actually covers the worldwide business and market related to production, sales, and use of phenolic resins, an artificial material created from phenol and formaldehyde. The above resins have found wide uses in many fields like wood glue, molding, laminates, coatings, and insulating materials because of their inherent resistances to heat, mechanical strength and chemical inappropriateness. The major application areas are automotive, construction, electronics, and industrial segments. New markets are also being developed to respond to the massive growth in industrial applications, development in resin technologies and an ever-rising global demand for lightweight products across all sectors.

The Phenolic Resin Market actually covers the worldwide business and market related to production, sales, and use of phenolic resins, an artificial material created from phenol and formaldehyde. The above resins have found wide uses in many fields like wood glue, molding, laminates, coatings, and insulating materials because of their inherent resistances to heat, mechanical strength and chemical inappropriateness. The major application areas are automotive, construction, electronics, and industrial segments. New markets are also being developed to respond to the massive growth in industrial applications, development in resin technologies and an ever-rising global demand for lightweight products across all sectors.