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
Market Structure
Global Phenolic Resins Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
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.
The report provides an overview of the global Phenolic Resins market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
Read the full market overview
The study covers key producers of Phenolic Resins and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Phenolic Resins sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Phenolic Resins market size, projected growth trends, production technologies, key applications, and end-use industries.
Phenolic Resins Segment 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
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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: Provides an overview of the Phenolic Resins market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Phenolic Resins industry.
Chapter 3: Detailed analysis of Phenolic Resins market competition landscape. Including Phenolic Resins manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: 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 5: 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 6: 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 7: Production/Production Value of Phenolic Resins by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Phenolic Resins Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Phenolic Resins Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Phenolic Resins Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Phenolic Resins 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 Phenolic Resins Market by Manufacturers
- 3.1 Global Phenolic Resins Production Value by Manufacturers (2021-2026)
- 3.2 Global Phenolic Resins Production 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 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 Production Value in 2025
- 3.8.3 2025 Phenolic Resins Tier 1, Tier 2, and Tier 3
4 Phenolic Resins Market by Type
- 4.1 Phenolic Resins Type Introduction
- 4.1.1 Thermoplastic Phenolic Resin
- 4.1.2 Thermosetting Phenolic Resin
- 4.2 Global Phenolic Resins Production by Type
- 4.2.1 Global Phenolic Resins Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Phenolic Resins Production by Type (2021-2032)
- 4.2.3 Global Phenolic Resins Production Market Share by Type (2021-2032)
- 4.3 Global Phenolic Resins Production Value by Type
- 4.3.1 Global Phenolic Resins Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Phenolic Resins Production Value by Type (2021-2032)
- 4.3.3 Global Phenolic Resins Production Value Market Share by Type (2021-2032)
5 Phenolic Resins Market by Application
- 5.1 Phenolic Resins Application Introduction
- 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 Production by Application
- 5.2.1 Global Phenolic Resins Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Phenolic Resins Production by Application (2021-2032)
- 5.2.3 Global Phenolic Resins Production Market Share by Application (2021-2032)
- 5.3 Global Phenolic Resins Production Value by Application
- 5.3.1 Global Phenolic Resins Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Phenolic Resins Production Value by Application (2021-2032)
- 5.3.3 Global Phenolic Resins Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Hexion
- 6.1.1 Hexion Company Information
- 6.1.2 Hexion Business Overview
- 6.1.3 Hexion Phenolic Resins Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value and Gross Margin (2021-2026)
- 6.17.4 Lerg SA Phenolic Resins Product Portfolio
- 6.17.5 Lerg SA Recent Developments
7 Global Phenolic Resins Production by Region
- 7.1 Global Phenolic Resins Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Phenolic Resins Production by Region (2021-2032)
- 7.2.1 Global Phenolic Resins Production by Region (2021-2026)
- 7.2.2 Global Phenolic Resins Production Forecast by Region (2027-2032)
- 7.3 Global Phenolic Resins Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Phenolic Resins Production Value by Region (2021-2032)
- 7.4.1 Global Phenolic Resins Production Value by Region (2021-2026)
- 7.4.2 Global Phenolic Resins Production Value by Region (2027-2032)
- 7.5 Global Phenolic Resins Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Phenolic Resins Production Value (2021-2032)
- 7.6.2 Europe Phenolic Resins Production Value (2021-2032)
- 7.6.3 Asia-Pacific Phenolic Resins Production Value (2021-2032)
- 7.6.4 South America Phenolic Resins Production Value (2021-2032)
- 7.6.5 Middle East & Africa Phenolic Resins Production Value (2021-2032)
8 Global Phenolic Resins Consumption by Region
- 8.1 Global Phenolic Resins Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Phenolic Resins Consumption by Region (2021-2032)
- 8.2.1 Global Phenolic Resins Consumption by Region (2021-2026)
- 8.2.2 Global Phenolic Resins Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Phenolic Resins Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Phenolic Resins Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Phenolic Resins Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Phenolic Resins Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Phenolic Resins Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Phenolic Resins Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Phenolic Resins Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Phenolic Resins Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Phenolic Resins Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Phenolic Resins Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 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 Manufacturing Cost Structure
- 9.1.4 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 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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