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 Research
Phenolic Resins Industry Research Report 2026
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 quantifies the global Phenolic Resins market in revenue (US$ million) and, where applicable, sales volume (K MT), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K MT) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Phenolic Resins.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Phenolic Resins manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Phenolic Resins by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Phenolic Resins in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions 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 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Phenolic Resins by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Thermoplastic Phenolic Resin
- 2.2.3 Thermosetting Phenolic Resin
- 2.3 Phenolic Resins by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Wood Adhesives
- 2.3.3 Foundry
- 2.3.4 Molding
- 2.3.5 Abrasive Material
- 2.3.6 Insulation
- 2.3.7 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Phenolic Resins Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Phenolic Resins Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Phenolic Resins Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Phenolic Resins Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Phenolic Resins Production by Manufacturers (2021-2026)
- 3.2 Global Phenolic Resins Production Value by Manufacturers (2021-2026)
- 3.3 Global Phenolic Resins Average Price by Manufacturers (2021-2026)
- 3.4 Global Phenolic Resins Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Phenolic Resins Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Phenolic Resins Manufacturers, Product Type & Application
- 3.7 Global Phenolic Resins Manufacturers Established Date
- 3.8 Global Phenolic Resins Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Hexion
- 4.1.1 Hexion Phenolic Resins Company Information
- 4.1.2 Hexion Phenolic Resins Business Overview
- 4.1.3 Hexion Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Hexion Product Portfolio
- 4.1.5 Hexion Recent Developments
- 4.2 Jinan Shengquan Group
- 4.2.1 Jinan Shengquan Group Phenolic Resins Company Information
- 4.2.2 Jinan Shengquan Group Phenolic Resins Business Overview
- 4.2.3 Jinan Shengquan Group Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Jinan Shengquan Group Product Portfolio
- 4.2.5 Jinan Shengquan Group Recent Developments
- 4.3 Sbhpp
- 4.3.1 Sbhpp Phenolic Resins Company Information
- 4.3.2 Sbhpp Phenolic Resins Business Overview
- 4.3.3 Sbhpp Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Sbhpp Product Portfolio
- 4.3.5 Sbhpp Recent Developments
- 4.4 Shandong Yushi Giant Chemical
- 4.4.1 Shandong Yushi Giant Chemical Phenolic Resins Company Information
- 4.4.2 Shandong Yushi Giant Chemical Phenolic Resins Business Overview
- 4.4.3 Shandong Yushi Giant Chemical Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Shandong Yushi Giant Chemical Product Portfolio
- 4.4.5 Shandong Yushi Giant Chemical Recent Developments
- 4.5 SI Group
- 4.5.1 SI Group Phenolic Resins Company Information
- 4.5.2 SI Group Phenolic Resins Business Overview
- 4.5.3 SI Group Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 SI Group Product Portfolio
- 4.5.5 SI Group Recent Developments
- 4.6 Red Avenue New Materials Group
- 4.6.1 Red Avenue New Materials Group Phenolic Resins Company Information
- 4.6.2 Red Avenue New Materials Group Phenolic Resins Business Overview
- 4.6.3 Red Avenue New Materials Group Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Red Avenue New Materials Group Product Portfolio
- 4.6.5 Red Avenue New Materials Group Recent Developments
- 4.7 Prefere Resins
- 4.7.1 Prefere Resins Phenolic Resins Company Information
- 4.7.2 Prefere Resins Phenolic Resins Business Overview
- 4.7.3 Prefere Resins Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Prefere Resins Product Portfolio
- 4.7.5 Prefere Resins Recent Developments
- 4.8 Aica Kogyo
- 4.8.1 Aica Kogyo Phenolic Resins Company Information
- 4.8.2 Aica Kogyo Phenolic Resins Business Overview
- 4.8.3 Aica Kogyo Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Aica Kogyo Product Portfolio
- 4.8.5 Aica Kogyo Recent Developments
- 4.9 Chang Chun Group
- 4.9.1 Chang Chun Group Phenolic Resins Company Information
- 4.9.2 Chang Chun Group Phenolic Resins Business Overview
- 4.9.3 Chang Chun Group Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Chang Chun Group Product Portfolio
- 4.9.5 Chang Chun Group Recent Developments
- 4.10 Metadynea International
- 4.10.1 Metadynea International Phenolic Resins Company Information
- 4.10.2 Metadynea International Phenolic Resins Business Overview
- 4.10.3 Metadynea International Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Metadynea International Product Portfolio
- 4.10.5 Metadynea International Recent Developments
- 4.11 Kolon Industries
- 4.11.1 Kolon Industries Phenolic Resins Company Information
- 4.11.2 Kolon Industries Phenolic Resins Business Overview
- 4.11.3 Kolon Industries Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 Kolon Industries Product Portfolio
- 4.11.5 Kolon Industries Recent Developments
- 4.12 Shandong Laiwu Runda
- 4.12.1 Shandong Laiwu Runda Phenolic Resins Company Information
- 4.12.2 Shandong Laiwu Runda Phenolic Resins Business Overview
- 4.12.3 Shandong Laiwu Runda Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Shandong Laiwu Runda Product Portfolio
- 4.12.5 Shandong Laiwu Runda Recent Developments
- 4.13 Georgia-Pacific Chemicals
- 4.13.1 Georgia-Pacific Chemicals Phenolic Resins Company Information
- 4.13.2 Georgia-Pacific Chemicals Phenolic Resins Business Overview
- 4.13.3 Georgia-Pacific Chemicals Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Georgia-Pacific Chemicals Product Portfolio
- 4.13.5 Georgia-Pacific Chemicals Recent Developments
- 4.14 Allnex
- 4.14.1 Allnex Phenolic Resins Company Information
- 4.14.2 Allnex Phenolic Resins Business Overview
- 4.14.3 Allnex Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 Allnex Product Portfolio
- 4.14.5 Allnex Recent Developments
- 4.15 Plenco
- 4.15.1 Plenco Phenolic Resins Company Information
- 4.15.2 Plenco Phenolic Resins Business Overview
- 4.15.3 Plenco Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Plenco Product Portfolio
- 4.15.5 Plenco Recent Developments
- 4.16 UCP Chemicals AG
- 4.16.1 UCP Chemicals AG Phenolic Resins Company Information
- 4.16.2 UCP Chemicals AG Phenolic Resins Business Overview
- 4.16.3 UCP Chemicals AG Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.16.4 UCP Chemicals AG Product Portfolio
- 4.16.5 UCP Chemicals AG Recent Developments
- 4.17 Lerg SA
- 4.17.1 Lerg SA Phenolic Resins Company Information
- 4.17.2 Lerg SA Phenolic Resins Business Overview
- 4.17.3 Lerg SA Phenolic Resins Production Capacity, Value and Gross Margin (2021-2026)
- 4.17.4 Lerg SA Product Portfolio
- 4.17.5 Lerg SA Recent Developments
5 Global Phenolic Resins Production by Region
- 5.1 Global Phenolic Resins Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Phenolic Resins Production by Region: 2021-2032
- 5.2.1 Global Phenolic Resins Production by Region: 2021-2026
- 5.2.2 Global Phenolic Resins Production Forecast by Region (2027-2032)
- 5.3 Global Phenolic Resins Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Phenolic Resins Production Value by Region: 2021-2032
- 5.4.1 Global Phenolic Resins Production Value by Region: 2021-2026
- 5.4.2 Global Phenolic Resins Production Value Forecast by Region (2027-2032)
- 5.5 Global Phenolic Resins Market Price Analysis by Region (2021-2026)
- 5.6 Global Phenolic Resins Production and Value, YOY Growth
- 5.6.1 North America Phenolic Resins Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Phenolic Resins Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Phenolic Resins Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Phenolic Resins Production Value Estimates and Forecasts (2021-2032)
6 Global Phenolic Resins Consumption by Region
- 6.1 Global Phenolic Resins Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Phenolic Resins Consumption by Region (2021-2032)
- 6.2.1 Global Phenolic Resins Consumption by Region: 2021-2026
- 6.2.2 Global Phenolic Resins Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Phenolic Resins Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Phenolic Resins Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Phenolic Resins Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Phenolic Resins Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Phenolic Resins Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Phenolic Resins Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Phenolic Resins Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Phenolic Resins Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Phenolic Resins Production by Type (2021-2032)
- 7.1.1 Global Phenolic Resins Production by Type (2021-2032) & (K MT)
- 7.1.2 Global Phenolic Resins Production Market Share by Type (2021-2032)
- 7.2 Global Phenolic Resins Production Value by Type (2021-2032)
- 7.2.1 Global Phenolic Resins Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Phenolic Resins Production Value Market Share by Type (2021-2032)
- 7.3 Global Phenolic Resins Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Phenolic Resins Production by Application (2021-2032)
- 8.1.1 Global Phenolic Resins Production by Application (2021-2032) & (K MT)
- 8.1.2 Global Phenolic Resins Production Market Share by Application (2021-2032)
- 8.2 Global Phenolic Resins Production Value by Application (2021-2032)
- 8.2.1 Global Phenolic Resins Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Phenolic Resins Production Value Market Share by Application (2021-2032)
- 8.3 Global Phenolic Resins Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Phenolic Resins Value Chain Analysis
- 9.1.1 Phenolic Resins Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Phenolic Resins Production Mode & Process
- 9.2 Phenolic Resins Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Phenolic Resins Distributors
- 9.2.3 Phenolic Resins Customers
10 Global Phenolic Resins Analyzing Market Dynamics
- 10.1 Phenolic Resins Industry Trends
- 10.2 Phenolic Resins Industry Drivers
- 10.3 Phenolic Resins Industry Opportunities and Challenges
- 10.4 Phenolic Resins Industry Restraints
11 Report Conclusion
12 Disclaimer
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