APO RESEARCH · REPORT
Phenolic Resins
Phenolic resins are phenol-based condensation resins supplied in forms such as resoles, novolacs, solutions or powders.

Product & engineering
Understand the product.
Phenol formaldehyde resins (PF) or phenolic resins are synthetic polymers obtained by the reaction of phenol or substituted phenol with formaldehyde. Phenolic resin, a synthetic plastic, colorless or yellowish brown transparent solid, excellent in heat resistance, flame resistance, water resistance and insulation, good acid resistance, poor alkali resistance, good mechanical and electrical properties, easy to cut, Divided into two types of thermosetting plastics and thermoplastics.
Resin type determines curing requirements and processing behaviour. Viscosity, solids and curing additives influence impregnation, bonding or moulding.
The cured network and substrate determine service performance. Volatiles and cure conditions require control during manufacturing.
What turns activity into demand
Compare resin form and cure schedule against the intended conversion process. Separate phenolic resin supply from moulding compounds and finished bonded products.
The commercial boundary
Separate phenolic resin supply from moulding compounds and finished bonded products.
Technical reading
Selected research
Industry Growth & Trends
Global Phenolic Resins Industry Growth and Trends Forecast to 2032
Market perspective
Phenol formaldehyde resins (PF) or phenolic resins are synthetic polymers obtained by the reaction of phenol or substituted phenol with formaldehyde. Phenolic resin, a synthetic plastic, colorless or yellowish brown transparent solid, excellent in heat resistance, flame resistance, water resistance and insulation, good acid resistance, poor alkali resistance, good mechanical and electrical properties, easy to cut, Divided into two types of thermosetting plastics and thermoplastics.
Global Phenolic Resins key players include Hexion, Jinan Shengquan Group, Sbhpp, Shandong Yushi Giant Chemical, SI Group, etc. Global top five manufacturers hold a share about 22%. Asia Pacific is the largest market, with a share about 35%, followed by Europe and North America, both have a share about 53 percent. In terms of product, Thermosetting Phenolic Resin is the largest segment, with a share over 83%. And in terms of application, the largest application is Wood Adhesives, followed by Molding, etc.
Report Scope
Read the full market overview
This report provides a structured, data-driven view of the global Phenolic Resins market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Phenolic Resins market size, estimates, and forecasts are presented in terms of sales volume (K MT) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Phenolic Resins market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Phenolic Resins.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Phenolic Resins market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Phenolic Resins Market by Company
Hexion
Jinan Shengquan Group
Sbhpp
Shandong Yushi Giant Chemical
SI Group
Red Avenue New Materials Group
Prefere Resins
Aica Kogyo
Chang Chun Group
Metadynea International
Kolon Industries
Shandong Laiwu Runda
Georgia-Pacific Chemicals
Allnex
Plenco
UCP Chemicals AG
Lerg SA
Phenolic Resins Segment by Type
Thermoplastic Phenolic Resin
Thermosetting Phenolic Resin
Phenolic Resins Segment by Application
Wood Adhesives
Foundry
Molding
Abrasive Material
Insulation
Others
Phenolic Resins Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Phenolic Resins market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Phenolic Resins and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Phenolic Resins.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Phenolic Resins manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Phenolic Resins in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Thermoplastic Phenolic Resin
- Thermosetting Phenolic Resin
Applications
- Wood Adhesives
- Foundry
- Molding
- Abrasive Material
- Insulation
- Others
Companies covered
- Hexion
- Jinan Shengquan Group
- Sbhpp
- Shandong Yushi Giant Chemical
- SI Group
- Red Avenue New Materials Group
- Prefere Resins
- Aica Kogyo
- Chang Chun Group
- Metadynea International
- Kolon Industries
- Shandong Laiwu Runda
- Georgia-Pacific Chemicals
- Allnex
- Plenco
- UCP Chemicals AG
- Lerg SA
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Phenolic Resins Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Phenolic Resins Sales Estimates and Forecasts (2021-2032)
- 1.3 Phenolic Resins Market by Type
- 1.3.1 Thermoplastic Phenolic Resin
- 1.3.2 Thermosetting Phenolic Resin
- 1.4 Global Phenolic Resins Market Size by Type
- 1.4.1 Global Phenolic Resins Market Size Overview by Type (2021-2032)
- 1.4.2 Global Phenolic Resins Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Phenolic Resins Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Phenolic Resins Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Phenolic Resins Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Phenolic Resins Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Phenolic Resins Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Phenolic Resins Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Phenolic Resins Industry Trends
- 2.2 Phenolic Resins Industry Drivers
- 2.3 Phenolic Resins Industry Opportunities and Challenges
- 2.4 Phenolic Resins Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Phenolic Resins Revenue (2021-2026)
- 3.2 Global Top Players by Phenolic Resins Sales (2021-2026)
- 3.3 Global Top Players by Phenolic Resins Price (2021-2026)
- 3.4 Global Phenolic Resins Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Phenolic Resins Major Company Production Sites & Headquarters
- 3.6 Global Phenolic Resins Company, Product Type & Application
- 3.7 Global Phenolic Resins Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Phenolic Resins Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Phenolic Resins Players Market Share by Revenue in 2025
- 3.8.3 2025 Phenolic Resins Tier 1, Tier 2, and Tier 3
4 Phenolic Resins Regional Status and Outlook
- 4.1 Global Phenolic Resins Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Phenolic Resins Historic Market Size by Region
- 4.2.1 Global Phenolic Resins Sales in Volume by Region (2021-2026)
- 4.2.2 Global Phenolic Resins Sales in Value by Region (2021-2026)
- 4.2.3 Global Phenolic Resins Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Phenolic Resins Forecasted Market Size by Region
- 4.3.1 Global Phenolic Resins Sales in Volume by Region (2027-2032)
- 4.3.2 Global Phenolic Resins Sales in Value by Region (2027-2032)
- 4.3.3 Global Phenolic Resins Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Phenolic Resins by Application
- 5.1 Phenolic Resins Market by Application
- 5.1.1 Wood Adhesives
- 5.1.2 Foundry
- 5.1.3 Molding
- 5.1.4 Abrasive Material
- 5.1.5 Insulation
- 5.1.6 Others
- 5.2 Global Phenolic Resins Market Size by Application
- 5.2.1 Global Phenolic Resins Market Size Overview by Application (2021-2032)
- 5.2.2 Global Phenolic Resins Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Phenolic Resins Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Phenolic Resins Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Phenolic Resins Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Phenolic Resins Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Phenolic Resins Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Phenolic Resins Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Hexion
- 6.1.1 Hexion Company Information
- 6.1.2 Hexion Business Overview
- 6.1.3 Hexion Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Hexion Phenolic Resins Product Portfolio
- 6.1.5 Hexion Recent Developments
- 6.2 Jinan Shengquan Group
- 6.2.1 Jinan Shengquan Group Company Information
- 6.2.2 Jinan Shengquan Group Business Overview
- 6.2.3 Jinan Shengquan Group Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Jinan Shengquan Group Phenolic Resins Product Portfolio
- 6.2.5 Jinan Shengquan Group Recent Developments
- 6.3 Sbhpp
- 6.3.1 Sbhpp Company Information
- 6.3.2 Sbhpp Business Overview
- 6.3.3 Sbhpp Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Sbhpp Phenolic Resins Product Portfolio
- 6.3.5 Sbhpp Recent Developments
- 6.4 Shandong Yushi Giant Chemical
- 6.4.1 Shandong Yushi Giant Chemical Company Information
- 6.4.2 Shandong Yushi Giant Chemical Business Overview
- 6.4.3 Shandong Yushi Giant Chemical Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Shandong Yushi Giant Chemical Phenolic Resins Product Portfolio
- 6.4.5 Shandong Yushi Giant Chemical Recent Developments
- 6.5 SI Group
- 6.5.1 SI Group Company Information
- 6.5.2 SI Group Business Overview
- 6.5.3 SI Group Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 SI Group Phenolic Resins Product Portfolio
- 6.5.5 SI Group Recent Developments
- 6.6 Red Avenue New Materials Group
- 6.6.1 Red Avenue New Materials Group Company Information
- 6.6.2 Red Avenue New Materials Group Business Overview
- 6.6.3 Red Avenue New Materials Group Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Red Avenue New Materials Group Phenolic Resins Product Portfolio
- 6.6.5 Red Avenue New Materials Group Recent Developments
- 6.7 Prefere Resins
- 6.7.1 Prefere Resins Company Information
- 6.7.2 Prefere Resins Business Overview
- 6.7.3 Prefere Resins Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Prefere Resins Phenolic Resins Product Portfolio
- 6.7.5 Prefere Resins Recent Developments
- 6.8 Aica Kogyo
- 6.8.1 Aica Kogyo Company Information
- 6.8.2 Aica Kogyo Business Overview
- 6.8.3 Aica Kogyo Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Aica Kogyo Phenolic Resins Product Portfolio
- 6.8.5 Aica Kogyo Recent Developments
- 6.9 Chang Chun Group
- 6.9.1 Chang Chun Group Company Information
- 6.9.2 Chang Chun Group Business Overview
- 6.9.3 Chang Chun Group Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Chang Chun Group Phenolic Resins Product Portfolio
- 6.9.5 Chang Chun Group Recent Developments
- 6.10 Metadynea International
- 6.10.1 Metadynea International Company Information
- 6.10.2 Metadynea International Business Overview
- 6.10.3 Metadynea International Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Metadynea International Phenolic Resins Product Portfolio
- 6.10.5 Metadynea International Recent Developments
- 6.11 Kolon Industries
- 6.11.1 Kolon Industries Company Information
- 6.11.2 Kolon Industries Business Overview
- 6.11.3 Kolon Industries Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Kolon Industries Phenolic Resins Product Portfolio
- 6.11.5 Kolon Industries Recent Developments
- 6.12 Shandong Laiwu Runda
- 6.12.1 Shandong Laiwu Runda Company Information
- 6.12.2 Shandong Laiwu Runda Business Overview
- 6.12.3 Shandong Laiwu Runda Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Shandong Laiwu Runda Phenolic Resins Product Portfolio
- 6.12.5 Shandong Laiwu Runda Recent Developments
- 6.13 Georgia-Pacific Chemicals
- 6.13.1 Georgia-Pacific Chemicals Company Information
- 6.13.2 Georgia-Pacific Chemicals Business Overview
- 6.13.3 Georgia-Pacific Chemicals Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Georgia-Pacific Chemicals Phenolic Resins Product Portfolio
- 6.13.5 Georgia-Pacific Chemicals Recent Developments
- 6.14 Allnex
- 6.14.1 Allnex Company Information
- 6.14.2 Allnex Business Overview
- 6.14.3 Allnex Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Allnex Phenolic Resins Product Portfolio
- 6.14.5 Allnex Recent Developments
- 6.15 Plenco
- 6.15.1 Plenco Company Information
- 6.15.2 Plenco Business Overview
- 6.15.3 Plenco Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Plenco Phenolic Resins Product Portfolio
- 6.15.5 Plenco Recent Developments
- 6.16 UCP Chemicals AG
- 6.16.1 UCP Chemicals AG Company Information
- 6.16.2 UCP Chemicals AG Business Overview
- 6.16.3 UCP Chemicals AG Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 UCP Chemicals AG Phenolic Resins Product Portfolio
- 6.16.5 UCP Chemicals AG Recent Developments
- 6.17 Lerg SA
- 6.17.1 Lerg SA Company Information
- 6.17.2 Lerg SA Business Overview
- 6.17.3 Lerg SA Phenolic Resins Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 Lerg SA Phenolic Resins Product Portfolio
- 6.17.5 Lerg SA Recent Developments
7 North America by Country
- 7.1 North America Phenolic Resins Sales by Country
- 7.1.1 North America Phenolic Resins Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Phenolic Resins Sales by Country (2021-2026)
- 7.1.3 North America Phenolic Resins Sales Forecast by Country (2027-2032)
- 7.2 North America Phenolic Resins Market Size by Country
- 7.2.1 North America Phenolic Resins Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Phenolic Resins Market Size by Country (2021-2026)
- 7.2.3 North America Phenolic Resins Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Phenolic Resins Sales by Country
- 8.1.1 Europe Phenolic Resins Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Phenolic Resins Sales by Country (2021-2026)
- 8.1.3 Europe Phenolic Resins Sales Forecast by Country (2027-2032)
- 8.2 Europe Phenolic Resins Market Size by Country
- 8.2.1 Europe Phenolic Resins Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Phenolic Resins Market Size by Country (2021-2026)
- 8.2.3 Europe Phenolic Resins Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Phenolic Resins Sales by Country
- 9.1.1 Asia-Pacific Phenolic Resins Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Phenolic Resins Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Phenolic Resins Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Phenolic Resins Market Size by Country
- 9.2.1 Asia-Pacific Phenolic Resins Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Phenolic Resins Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Phenolic Resins Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Phenolic Resins Sales by Country
- 10.1.1 South America Phenolic Resins Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Phenolic Resins Sales by Country (2021-2026)
- 10.1.3 South America Phenolic Resins Sales Forecast by Country (2027-2032)
- 10.2 South America Phenolic Resins Market Size by Country
- 10.2.1 South America Phenolic Resins Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Phenolic Resins Market Size by Country (2021-2026)
- 10.2.3 South America Phenolic Resins Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Phenolic Resins Sales by Country
- 11.1.1 Middle East and Africa Phenolic Resins Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Phenolic Resins Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Phenolic Resins Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Phenolic Resins Market Size by Country
- 11.2.1 Middle East and Africa Phenolic Resins Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Phenolic Resins Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Phenolic Resins Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Phenolic Resins Value Chain Analysis
- 12.1.1 Phenolic Resins Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Phenolic Resins Production Mode & Process
- 12.2 Phenolic Resins Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Phenolic Resins Distributors
- 12.2.3 Phenolic Resins Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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