APO RESEARCH · REPORT
Phenolic Resin for Friction Materials
Phenolic resin is the principal binder used in the manufacture of modern friction materials.
Product & engineering
Understand the product.
Phenolic resin is the principal binder used in the manufacture of modern friction materials.
Phenolic resins for the friction industry are available as liquids or as powders blended with a cross linking agent (usually hexamine). The properties of these resins may be enhanced by incorporating other polymeric or chemical modifications.
Selected research
Industry Research
Phenolic Resin for Friction Materials Industry Research Report 2026
Market perspective
Phenolic resin is the principal binder used in the manufacture of modern friction materials.
Phenolic resins for the friction industry are available as liquids or as powders blended with a cross linking agent (usually hexamine). The properties of these resins may be enhanced by incorporating other polymeric or chemical modifications.
Global Phenolic Resin for Friction Materials main players are Sumitomo Bakelite, Hexion, Mitsui Chemicals, DIC Corporation, Shengquan Group, etc. Global top five manufacturers hold a share above 20%. Europe is the largest market, with a share about 30%.
Read the full market overview
Report Scope
This report quantifies the global Phenolic Resin for Friction Materials 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 Resin for Friction Materials.
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 Resin for Friction Materials Market by Company
Sumitomo Bakelite
Hexion
Mitsui Chemicals
DIC Corporation
Shengquan Group
KANGNAM CHEMICAL
Shandong Laiwu Runda New Material
Kuentek Cashew
Sprea Misr
Zhejiang Hangzhou Friction Composites
Phenolic Resin for Friction Materials Segment by Type
Liquid Type (Phenolic Resol Resins)
Powder Type (Phenolic Novolac Resins)
Phenolic Resin for Friction Materials Segment by Application
Automotive
Railway
Aeronautics
Industrial
Phenolic Resin for Friction Materials 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
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 Resin for Friction Materials 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 Resin for Friction Materials 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 Resin for Friction Materials.
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 Resin for Friction Materials 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 Resin for Friction Materials 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 Resin for Friction Materials 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
- Liquid Type (Phenolic Resol Resins)
- Powder Type (Phenolic Novolac Resins)
Applications
- Automotive
- Railway
- Aeronautics
- Industrial
Companies covered
- Sumitomo Bakelite
- Hexion
- Mitsui Chemicals
- DIC Corporation
- Shengquan Group
- KANGNAM CHEMICAL
- Shandong Laiwu Runda New Material
- Kuentek Cashew
- Sprea Misr
- Zhejiang Hangzhou Friction Composites
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 Resin for Friction Materials by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Liquid Type (Phenolic Resol Resins)
- 2.2.3 Powder Type (Phenolic Novolac Resins)
- 2.3 Phenolic Resin for Friction Materials by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Automotive
- 2.3.3 Railway
- 2.3.4 Aeronautics
- 2.3.5 Industrial
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Phenolic Resin for Friction Materials Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Phenolic Resin for Friction Materials Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Phenolic Resin for Friction Materials Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Phenolic Resin for Friction Materials Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Phenolic Resin for Friction Materials Production by Manufacturers (2021-2026)
- 3.2 Global Phenolic Resin for Friction Materials Production Value by Manufacturers (2021-2026)
- 3.3 Global Phenolic Resin for Friction Materials Average Price by Manufacturers (2021-2026)
- 3.4 Global Phenolic Resin for Friction Materials Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Phenolic Resin for Friction Materials Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Phenolic Resin for Friction Materials Manufacturers, Product Type & Application
- 3.7 Global Phenolic Resin for Friction Materials Manufacturers Established Date
- 3.8 Global Phenolic Resin for Friction Materials Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Sumitomo Bakelite
- 4.1.1 Sumitomo Bakelite Phenolic Resin for Friction Materials Company Information
- 4.1.2 Sumitomo Bakelite Phenolic Resin for Friction Materials Business Overview
- 4.1.3 Sumitomo Bakelite Phenolic Resin for Friction Materials Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Sumitomo Bakelite Product Portfolio
- 4.1.5 Sumitomo Bakelite Recent Developments
- 4.2 Hexion
- 4.2.1 Hexion Phenolic Resin for Friction Materials Company Information
- 4.2.2 Hexion Phenolic Resin for Friction Materials Business Overview
- 4.2.3 Hexion Phenolic Resin for Friction Materials Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Hexion Product Portfolio
- 4.2.5 Hexion Recent Developments
- 4.3 Mitsui Chemicals
- 4.3.1 Mitsui Chemicals Phenolic Resin for Friction Materials Company Information
- 4.3.2 Mitsui Chemicals Phenolic Resin for Friction Materials Business Overview
- 4.3.3 Mitsui Chemicals Phenolic Resin for Friction Materials Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Mitsui Chemicals Product Portfolio
- 4.3.5 Mitsui Chemicals Recent Developments
- 4.4 DIC Corporation
- 4.4.1 DIC Corporation Phenolic Resin for Friction Materials Company Information
- 4.4.2 DIC Corporation Phenolic Resin for Friction Materials Business Overview
- 4.4.3 DIC Corporation Phenolic Resin for Friction Materials Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 DIC Corporation Product Portfolio
- 4.4.5 DIC Corporation Recent Developments
- 4.5 Shengquan Group
- 4.5.1 Shengquan Group Phenolic Resin for Friction Materials Company Information
- 4.5.2 Shengquan Group Phenolic Resin for Friction Materials Business Overview
- 4.5.3 Shengquan Group Phenolic Resin for Friction Materials Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Shengquan Group Product Portfolio
- 4.5.5 Shengquan Group Recent Developments
- 4.6 KANGNAM CHEMICAL
- 4.6.1 KANGNAM CHEMICAL Phenolic Resin for Friction Materials Company Information
- 4.6.2 KANGNAM CHEMICAL Phenolic Resin for Friction Materials Business Overview
- 4.6.3 KANGNAM CHEMICAL Phenolic Resin for Friction Materials Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 KANGNAM CHEMICAL Product Portfolio
- 4.6.5 KANGNAM CHEMICAL Recent Developments
- 4.7 Shandong Laiwu Runda New Material
- 4.7.1 Shandong Laiwu Runda New Material Phenolic Resin for Friction Materials Company Information
- 4.7.2 Shandong Laiwu Runda New Material Phenolic Resin for Friction Materials Business Overview
- 4.7.3 Shandong Laiwu Runda New Material Phenolic Resin for Friction Materials Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Shandong Laiwu Runda New Material Product Portfolio
- 4.7.5 Shandong Laiwu Runda New Material Recent Developments
- 4.8 Kuentek Cashew
- 4.8.1 Kuentek Cashew Phenolic Resin for Friction Materials Company Information
- 4.8.2 Kuentek Cashew Phenolic Resin for Friction Materials Business Overview
- 4.8.3 Kuentek Cashew Phenolic Resin for Friction Materials Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Kuentek Cashew Product Portfolio
- 4.8.5 Kuentek Cashew Recent Developments
- 4.9 Sprea Misr
- 4.9.1 Sprea Misr Phenolic Resin for Friction Materials Company Information
- 4.9.2 Sprea Misr Phenolic Resin for Friction Materials Business Overview
- 4.9.3 Sprea Misr Phenolic Resin for Friction Materials Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Sprea Misr Product Portfolio
- 4.9.5 Sprea Misr Recent Developments
- 4.10 Zhejiang Hangzhou Friction Composites
- 4.10.1 Zhejiang Hangzhou Friction Composites Phenolic Resin for Friction Materials Company Information
- 4.10.2 Zhejiang Hangzhou Friction Composites Phenolic Resin for Friction Materials Business Overview
- 4.10.3 Zhejiang Hangzhou Friction Composites Phenolic Resin for Friction Materials Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Zhejiang Hangzhou Friction Composites Product Portfolio
- 4.10.5 Zhejiang Hangzhou Friction Composites Recent Developments
5 Global Phenolic Resin for Friction Materials Production by Region
- 5.1 Global Phenolic Resin for Friction Materials Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Phenolic Resin for Friction Materials Production by Region: 2021-2032
- 5.2.1 Global Phenolic Resin for Friction Materials Production by Region: 2021-2026
- 5.2.2 Global Phenolic Resin for Friction Materials Production Forecast by Region (2027-2032)
- 5.3 Global Phenolic Resin for Friction Materials Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Phenolic Resin for Friction Materials Production Value by Region: 2021-2032
- 5.4.1 Global Phenolic Resin for Friction Materials Production Value by Region: 2021-2026
- 5.4.2 Global Phenolic Resin for Friction Materials Production Value Forecast by Region (2027-2032)
- 5.5 Global Phenolic Resin for Friction Materials Market Price Analysis by Region (2021-2026)
- 5.6 Global Phenolic Resin for Friction Materials Production and Value, YOY Growth
- 5.6.1 North America Phenolic Resin for Friction Materials Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Phenolic Resin for Friction Materials Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Phenolic Resin for Friction Materials Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Phenolic Resin for Friction Materials Production Value Estimates and Forecasts (2021-2032)
6 Global Phenolic Resin for Friction Materials Consumption by Region
- 6.1 Global Phenolic Resin for Friction Materials Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Phenolic Resin for Friction Materials Consumption by Region (2021-2032)
- 6.2.1 Global Phenolic Resin for Friction Materials Consumption by Region: 2021-2026
- 6.2.2 Global Phenolic Resin for Friction Materials Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Phenolic Resin for Friction Materials Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Phenolic Resin for Friction Materials 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 Resin for Friction Materials Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Phenolic Resin for Friction Materials 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 Resin for Friction Materials Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Phenolic Resin for Friction Materials 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 Resin for Friction Materials Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Phenolic Resin for Friction Materials 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 Resin for Friction Materials Production by Type (2021-2032)
- 7.1.1 Global Phenolic Resin for Friction Materials Production by Type (2021-2032) & (K MT)
- 7.1.2 Global Phenolic Resin for Friction Materials Production Market Share by Type (2021-2032)
- 7.2 Global Phenolic Resin for Friction Materials Production Value by Type (2021-2032)
- 7.2.1 Global Phenolic Resin for Friction Materials Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Phenolic Resin for Friction Materials Production Value Market Share by Type (2021-2032)
- 7.3 Global Phenolic Resin for Friction Materials Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Phenolic Resin for Friction Materials Production by Application (2021-2032)
- 8.1.1 Global Phenolic Resin for Friction Materials Production by Application (2021-2032) & (K MT)
- 8.1.2 Global Phenolic Resin for Friction Materials Production Market Share by Application (2021-2032)
- 8.2 Global Phenolic Resin for Friction Materials Production Value by Application (2021-2032)
- 8.2.1 Global Phenolic Resin for Friction Materials Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Phenolic Resin for Friction Materials Production Value Market Share by Application (2021-2032)
- 8.3 Global Phenolic Resin for Friction Materials Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Phenolic Resin for Friction Materials Value Chain Analysis
- 9.1.1 Phenolic Resin for Friction Materials Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Phenolic Resin for Friction Materials Production Mode & Process
- 9.2 Phenolic Resin for Friction Materials Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Phenolic Resin for Friction Materials Distributors
- 9.2.3 Phenolic Resin for Friction Materials Customers
10 Global Phenolic Resin for Friction Materials Analyzing Market Dynamics
- 10.1 Phenolic Resin for Friction Materials Industry Trends
- 10.2 Phenolic Resin for Friction Materials Industry Drivers
- 10.3 Phenolic Resin for Friction Materials Industry Opportunities and Challenges
- 10.4 Phenolic Resin for Friction Materials Industry Restraints
11 Report Conclusion
12 Disclaimer
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