Phenolic Board Market: Overview

Phenolic boards have proliferated in use in wide range interior and exterior applications. The drive for application stems from the moisture-protection ability and sturdiness, among other things. The demand for use of high-density, thermosetting cellulose fibers in construction materials is a key trend in the expansion of the phenolic board market. Rising use of phenolic boards in various architecture applications in public buildings, sports facilities, and other commercial buildings is a key trend bolstering the expansion of the phenolic board market.

The strides in the phenolic board market has led to the proliferation of products of various size, coating materials used, colors, and dimensional stability. This helps to meet the wide cross-section of needs of end-user industries. Some of the popular applications are in making counter tops for over-mounted basins, bathroom cabins in public places, and benches in changing rooms.

For Right Perspective & Competitive Insights on Automotive Brake Override System Market, Request for a Sample

Phenolic Board Market: Competitive Analysis and Key Developments

The study offers critical assessment of various competitive forces shaping the intensity of competition in the phenolic board market. The assessment also takes a closer look at the recent developments that have influenced the entry barriers.

Manufacturers are adopting new techniques to engineer phenolic resins for meeting the needs of end-use industries in the phenolic boards market. They are focusing in improving numerous performance metrics such as dimensional stability, resistance against attack of chemicals, and collision resistance. The drive for unveiling environmentally friendly materials has attracted the attention of well-entrenches as well as new entrants alike, thereby setting the pace for innovation in the phenolic board market.

Some of the top players in the phenolic board market are Linyi Longser Imp. & Exp. Co., Ltd., SPIGO Group, Asahi Kasei, Kingspan Insulation, Sekisui Chemical, Langfang Sanxing Chemical, and Mega Plywood Corp.

Phenolic Board Market: Key Trends

Products in the phenolic board market has attracted the attention of consumers in various end-use industries due to the fact that they offer large advantages of compact laminate panels. Over the past few years, various regions have been seeing the demand for phenolic board in interior decorations. Several features have driven their popularity such as being anti-impact, anti-static, anti-bacterial, and mildew proof. Rising use of compact laminates in decorative confetti is boosting the sales. The phenolic board market has been bolstered by variety of color choices in phenolic resin fiberboards.

The rising preference of phenolic boards in physical laboratories, chemical laboratories, and biochemical laboratories in developing regions in the phenolic boards market. In particular, phenolic boards have seen widespread use in research and communication room workbench.

The rapid pace of commercial constructions that have taken place in the past few years in developing economies of the world has also impacted the demand dynamic of the phenolic boards market.

Phenolic Board Market: Regional Analysis

The major chunk of opportunities in the phenolic board market is spread into North America, Europe, Asia Pacific, Latin America, and the Middle East. Of these, Asia Pacific has witnessed the rise in demand, underpinned to a large part of their use in indoor architectural applications. The region also has seen emerging economies contributing sizable shares to the global phenolic boards market. This is in part due to the considerably growing demand for such resins in constructing public facilities, supported by substantial spending by governments.

Developed regions such as North America are expected to play crucial role in the expansion of new avenues in the phenolic boards market due to the rise in research and development activities in resins and the use of additives in improving the performance.

Are you a start-up willing to make it big in business? Grab an exclusive PDF Brochure for this report!

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Phenolic Board Market

Pre Book