APO Research

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 Growth & Trends

Global Phenolic Resin for Friction Materials Industry Growth and Trends Forecast to 2032

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 provides a structured, data-driven view of the global Phenolic Resin for Friction Materials market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Phenolic Resin for Friction Materials 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 Resin for Friction Materials 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 Resin for Friction Materials.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Phenolic Resin for Friction Materials 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 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: 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 Resin for Friction Materials manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Phenolic Resin for Friction Materials 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
List of Tables Table 1. Major Company of Liquid Type (Phenolic Resol Resins) Table 2. Major Company of Powder Type (Phenolic Novolac Resins) Table 3. Global Phenolic Resin for Friction Materials Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Global Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (K MT) Table 5. Global Phenolic Resin for Friction Materials Sales Market Share in Volume by Type (2021-2026) Table 6. Global Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (US$ Million) Table 7. Global Phenolic Resin for Friction Materials Sales Market Share in Value by Type (2021-2026) Table 8. Global Phenolic Resin for Friction Materials Price by Type (2021-2026) & (USD/MT) Table 9. Global Phenolic Resin for Friction Materials Sales by Type (2027-2032) & (K MT) Table 10. Global Phenolic Resin for Friction Materials Sales Market Share in Volume by Type (2027-2032) Table 11. Global Phenolic Resin for Friction Materials Sales by Type (2027-2032) & (US$ Million) Table 12. Global Phenolic Resin for Friction Materials Sales Market Share in Value by Type (2027-2032) Table 13. Global Phenolic Resin for Friction Materials Price by Type (2027-2032) & (USD/MT) Table 14. North America Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (K MT) Table 15. North America Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (US$ Million) Table 16. Europe Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (K MT) Table 17. Europe Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (US$ Million) Table 18. Asia-Pacific Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (K MT) Table 19. Asia-Pacific Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (US$ Million) Table 20. Latin America Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (K MT) Table 21. Latin America Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (US$ Million) Table 22. Middle East and Africa Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (K MT) Table 23. Middle East and Africa Phenolic Resin for Friction Materials Sales by Type (2021-2026) & (US$ Million) Table 24. Phenolic Resin for Friction Materials Industry Trends Table 25. Phenolic Resin for Friction Materials Industry Drivers Table 26. Phenolic Resin for Friction Materials Industry Opportunities and Challenges Table 27. Phenolic Resin for Friction Materials Industry Restraints Table 28. Global Phenolic Resin for Friction Materials Sales Revenue by Company (US$ Million) & (2021-2026) Table 29. Global Phenolic Resin for Friction Materials Revenue Market Share by Company (2021-2026) Table 30. Global Phenolic Resin for Friction Materials Sales by Company (2021-2026) & (K MT) Table 31. Global Phenolic Resin for Friction Materials Sales Share by Company (2021-2026) Table 32. Global Phenolic Resin for Friction Materials Market Price by Company (2021-2026) & (USD/MT) Table 33. Global Phenolic Resin for Friction Materials Industry Company Ranking, 2024 VS 2025 VS 2026 Table 34. Global Phenolic Resin for Friction Materials Major Company Production Sites and Headquarters Table 35. Global Phenolic Resin for Friction Materials Company, Product Type & Application Table 36. Global Phenolic Resin for Friction Materials Company Establishment Date Table 37. Global Company Market Concentration Ratio (CR5 and HHI) Table 38. Global Phenolic Resin for Friction Materials by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 39. Global Phenolic Resin for Friction Materials Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 40. Global Phenolic Resin for Friction Materials Sales by Region (2021-2026) & (K MT) Table 41. Global Phenolic Resin for Friction Materials Sales Market Share in Volume by Region (2021-2026) Table 42. Global Phenolic Resin for Friction Materials Sales by Region (2021-2026) & (US$ Million) Table 43. Global Phenolic Resin for Friction Materials Sales Market Share in Value by Region (2021-2026) Table 44. Global Phenolic Resin for Friction Materials Sales (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 45. Global Phenolic Resin for Friction Materials Sales by Region (2027-2032) & (K MT) Table 46. Global Phenolic Resin for Friction Materials Sales Market Share in Volume by Region (2027-2032) Table 47. Global Phenolic Resin for Friction Materials Sales by Region (2027-2032) & (US$ Million) Table 48. Global Phenolic Resin for Friction Materials Sales Market Share in Value by Region (2027-2032) Table 49. Global Phenolic Resin for Friction Materials Sales (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2027-2032) Table 50. Global Phenolic Resin for Friction Materials Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 51. Global Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (K MT) Table 52. Global Phenolic Resin for Friction Materials Sales Market Share in Volume by Application (2021-2026) Table 53. Global Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (US$ Million) Table 54. Global Phenolic Resin for Friction Materials Sales Market Share in Value by Application (2021-2026) Table 55. Global Phenolic Resin for Friction Materials Price by Application (2021-2026) & (USD/MT) Table 56. Global Phenolic Resin for Friction Materials Sales by Application (2027-2032) & (K MT) Table 57. Global Phenolic Resin for Friction Materials Sales Market Share in Volume by Application (2027-2032) Table 58. Global Phenolic Resin for Friction Materials Sales by Application (2027-2032) & (US$ Million) Table 59. Global Phenolic Resin for Friction Materials Sales Market Share in Value by Application (2027-2032) Table 60. Global Phenolic Resin for Friction Materials Price by Application (2027-2032) & (USD/MT) Table 61. North America Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (K MT) Table 62. North America Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (US$ Million) Table 63. Europe Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (K MT) Table 64. Europe Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (US$ Million) Table 65. Asia-Pacific Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (K MT) Table 66. Asia-Pacific Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (US$ Million) Table 67. Latin America Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (K MT) Table 68. Latin America Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (US$ Million) Table 69. Middle East and Africa Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (K MT) Table 70. Middle East and Africa Phenolic Resin for Friction Materials Sales by Application (2021-2026) & (US$ Million) Table 71. Sumitomo Bakelite Company Information Table 72. Sumitomo Bakelite Business Overview Table 73. Sumitomo Bakelite Phenolic Resin for Friction Materials Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 74. Sumitomo Bakelite Phenolic Resin for Friction Materials Product Portfolio Table 75. Sumitomo Bakelite Recent Development Table 76. Hexion Company Information Table 77. Hexion Business Overview Table 78. Hexion Phenolic Resin for Friction Materials Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 79. Hexion Phenolic Resin for Friction Materials Product Portfolio Table 80. Hexion Recent Development Table 81. Mitsui Chemicals Company Information Table 82. Mitsui Chemicals Business Overview Table 83. Mitsui Chemicals Phenolic Resin for Friction Materials Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 84. Mitsui Chemicals Phenolic Resin for Friction Materials Product Portfolio Table 85. Mitsui Chemicals Recent Development Table 86. DIC Corporation Company Information Table 87. DIC Corporation Business Overview Table 88. DIC Corporation Phenolic Resin for Friction Materials Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 89. DIC Corporation Phenolic Resin for Friction Materials Product Portfolio Table 90. DIC Corporation Recent Development Table 91. Shengquan Group Company Information Table 92. Shengquan Group Business Overview Table 93. Shengquan Group Phenolic Resin for Friction Materials Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 94. Shengquan Group Phenolic Resin for Friction Materials Product Portfolio Table 95. Shengquan Group Recent Development Table 96. KANGNAM CHEMICAL Company Information Table 97. KANGNAM CHEMICAL Business Overview Table 98. KANGNAM CHEMICAL Phenolic Resin for Friction Materials Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 99. KANGNAM CHEMICAL Phenolic Resin for Friction Materials Product Portfolio Table 100. KANGNAM CHEMICAL Recent Development Table 101. Shandong Laiwu Runda New Material Company Information Table 102. Shandong Laiwu Runda New Material Business Overview Table 103. Shandong Laiwu Runda New Material Phenolic Resin for Friction Materials Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 104. Shandong Laiwu Runda New Material Phenolic Resin for Friction Materials Product Portfolio Table 105. Shandong Laiwu Runda New Material Recent Development Table 106. Kuentek Cashew Company Information Table 107. Kuentek Cashew Business Overview Table 108. Kuentek Cashew Phenolic Resin for Friction Materials Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 109. Kuentek Cashew Phenolic Resin for Friction Materials Product Portfolio Table 110. Kuentek Cashew Recent Development Table 111. Sprea Misr Company Information Table 112. Sprea Misr Business Overview Table 113. Sprea Misr Phenolic Resin for Friction Materials Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 114. Sprea Misr Phenolic Resin for Friction Materials Product Portfolio Table 115. Sprea Misr Recent Development Table 116. Zhejiang Hangzhou Friction Composites Company Information Table 117. Zhejiang Hangzhou Friction Composites Business Overview Table 118. Zhejiang Hangzhou Friction Composites Phenolic Resin for Friction Materials Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 119. Zhejiang Hangzhou Friction Composites Phenolic Resin for Friction Materials Product Portfolio Table 120. Zhejiang Hangzhou Friction Composites Recent Development Table 121. North America Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 122. North America Phenolic Resin for Friction Materials Sales by Country (2021-2026) & (K MT) Table 123. North America Phenolic Resin for Friction Materials Sales Market Share by Country (2021-2026) Table 124. North America Phenolic Resin for Friction Materials Sales Forecast by Country (2027-2032) & (K MT) Table 125. North America Phenolic Resin for Friction Materials Sales Market Share Forecast by Country (2027-2032) Table 126. North America Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 127. North America Phenolic Resin for Friction Materials Market Size by Country (2021-2026) & (US$ Million) Table 128. North America Phenolic Resin for Friction Materials Market Share by Country (2021-2026) Table 129. North America Phenolic Resin for Friction Materials Market Size Forecast by Country (2027-2032) & (US$ Million) Table 130. North America Phenolic Resin for Friction Materials Market Share Forecast by Country (2027-2032) Table 131. Europe Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 132. Europe Phenolic Resin for Friction Materials Sales by Country (2021-2026) & (K MT) Table 133. Europe Phenolic Resin for Friction Materials Sales Market Share by Country (2021-2026) Table 134. Europe Phenolic Resin for Friction Materials Sales Forecast by Country (2027-2032) & (K MT) Table 135. Europe Phenolic Resin for Friction Materials Sales Market Share Forecast by Country (2027-2032) Table 136. Europe Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 137. Europe Phenolic Resin for Friction Materials Market Size by Country (2021-2026) & (US$ Million) Table 138. Europe Phenolic Resin for Friction Materials Market Share by Country (2021-2026) Table 139. Europe Phenolic Resin for Friction Materials Market Size Forecast by Country (2027-2032) & (US$ Million) Table 140. Europe Phenolic Resin for Friction Materials Market Share Forecast by Country (2027-2032) Table 141. Asia-Pacific Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 142. Asia-Pacific Phenolic Resin for Friction Materials Sales by Country (2021-2026) & (K MT) Table 143. Asia-Pacific Phenolic Resin for Friction Materials Sales Market Share by Country (2021-2026) Table 144. Asia-Pacific Phenolic Resin for Friction Materials Sales Forecast by Country (2027-2032) & (K MT) Table 145. Asia-Pacific Phenolic Resin for Friction Materials Sales Market Share Forecast by Country (2027-2032) Table 146. Asia-Pacific Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 147. Asia-Pacific Phenolic Resin for Friction Materials Market Size by Country (2021-2026) & (US$ Million) Table 148. Asia-Pacific Phenolic Resin for Friction Materials Market Share by Country (2021-2026) Table 149. Asia-Pacific Phenolic Resin for Friction Materials Market Size Forecast by Country (2027-2032) & (US$ Million) Table 150. Asia-Pacific Phenolic Resin for Friction Materials Market Share Forecast by Country (2027-2032) Table 151. Latin America Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 152. Latin America Phenolic Resin for Friction Materials Sales by Country (2021-2026) & (K MT) Table 153. Latin America Phenolic Resin for Friction Materials Sales Market Share by Country (2021-2026) Table 154. Latin America Phenolic Resin for Friction Materials Sales Forecast by Country (2027-2032) & (K MT) Table 155. Latin America Phenolic Resin for Friction Materials Sales Market Share Forecast by Country (2027-2032) Table 156. Latin America Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 157. Latin America Phenolic Resin for Friction Materials Market Size by Country (2021-2026) & (US$ Million) Table 158. Latin America Phenolic Resin for Friction Materials Market Share by Country (2021-2026) Table 159. Latin America Phenolic Resin for Friction Materials Market Size Forecast by Country (2027-2032) & (US$ Million) Table 160. Latin America Phenolic Resin for Friction Materials Market Share Forecast by Country (2027-2032) Table 161. Middle East and Africa Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 162. Middle East and Africa Phenolic Resin for Friction Materials Sales by Country (2021-2026) & (K MT) Table 163. Middle East and Africa Phenolic Resin for Friction Materials Sales Market Share by Country (2021-2026) Table 164. Middle East and Africa Phenolic Resin for Friction Materials Sales Forecast by Country (2027-2032) & (K MT) Table 165. Middle East and Africa Phenolic Resin for Friction Materials Sales Market Share Forecast by Country (2027-2032) Table 166. Middle East and Africa Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 167. Middle East and Africa Phenolic Resin for Friction Materials Market Size by Country (2021-2026) & (US$ Million) Table 168. Middle East and Africa Phenolic Resin for Friction Materials Market Share by Country (2021-2026) Table 169. Middle East and Africa Phenolic Resin for Friction Materials Market Size Forecast by Country (2027-2032) & (US$ Million) Table 170. Middle East and Africa Phenolic Resin for Friction Materials Market Share Forecast by Country (2027-2032) Table 171. Key Raw Materials Table 172. Raw Materials Key Suppliers Table 173. Phenolic Resin for Friction Materials Distributors List Table 174. Phenolic Resin for Friction Materials Customers List Table 175. Research Programs/Design for This Report Table 176. Authors List of This Report Table 177. Secondary Sources Table 178. Primary Sources List of Figures Figure 1. Phenolic Resin for Friction Materials Image Figure 2. Global Phenolic Resin for Friction Materials Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Phenolic Resin for Friction Materials Market Size (2021-2032) & (US$ Million) Figure 4. Global Phenolic Resin for Friction Materials Sales (2021-2032) & (K MT) Figure 5. Liquid Type (Phenolic Resol Resins) Image Figure 6. Global Liquid Type (Phenolic Resol Resins) Sales YoY Growth (2021-2032) & (K MT) Figure 7. Powder Type (Phenolic Novolac Resins) Image Figure 8. Global Powder Type (Phenolic Novolac Resins) Sales YoY Growth (2021-2032) & (K MT) Figure 9. Global Phenolic Resin for Friction Materials Market Size Overview by Type (2021-2032) & (US$ Million) Figure 10. Global Phenolic Resin for Friction Materials Market Share by Type 2025 VS 2032 Figure 11. North America Phenolic Resin for Friction Materials Sales Market Share in Volume by Type in 2025 Figure 12. North America Phenolic Resin for Friction Materials Sales Market Share in Value by Type in 2025 Figure 13. Europe Phenolic Resin for Friction Materials Sales Market Share in Volume by Type in 2025 Figure 14. Europe Phenolic Resin for Friction Materials Sales Market Share in Value by Type in 2025 Figure 15. Asia-Pacific Phenolic Resin for Friction Materials Sales Market Share in Volume by Type in 2025 Figure 16. Asia-Pacific Phenolic Resin for Friction Materials Sales Market Share in Value by Type in 2025 Figure 17. Latin America Phenolic Resin for Friction Materials Sales Market Share in Volume by Type in 2025 Figure 18. Latin America Phenolic Resin for Friction Materials Sales Market Share in Value by Type in 2025 Figure 19. Middle East and Africa Phenolic Resin for Friction Materials Sales Market Share in Volume by Type in 2025 Figure 20. Middle East and Africa Phenolic Resin for Friction Materials Sales Market Share in Value by Type in 2025 Figure 21. Global Top 5 and 10 Phenolic Resin for Friction Materials Players Market Share by Revenue in 2025 Figure 22. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 23. Automotive Image Figure 24. Global Automotive Sales YoY Growth (2021-2032) & (K MT) Figure 25. Railway Image Figure 26. Global Railway Sales YoY Growth (2021-2032) & (K MT) Figure 27. Aeronautics Image Figure 28. Global Aeronautics Sales YoY Growth (2021-2032) & (K MT) Figure 29. Industrial Image Figure 30. Global Industrial Sales YoY Growth (2021-2032) & (K MT) Figure 31. Global Phenolic Resin for Friction Materials Market Size Overview by Application (2021-2032) & (US$ Million) Figure 32. Global Phenolic Resin for Friction Materials Market Share by Application 2025 VS 2032 Figure 33. North America Phenolic Resin for Friction Materials Sales Market Share in Volume by Application in 2025 Figure 34. North America Phenolic Resin for Friction Materials Sales Market Share in Value by Application in 2025 Figure 35. Europe Phenolic Resin for Friction Materials Sales Market Share in Volume by Application in 2025 Figure 36. Europe Phenolic Resin for Friction Materials Sales Market Share in Value by Application in 2025 Figure 37. Asia-Pacific Phenolic Resin for Friction Materials Sales Market Share in Volume by Application in 2025 Figure 38. Asia-Pacific Phenolic Resin for Friction Materials Sales Market Share in Value by Application in 2025 Figure 39. Latin America Phenolic Resin for Friction Materials Sales Market Share in Volume by Application in 2025 Figure 40. Latin America Phenolic Resin for Friction Materials Sales Market Share in Value by Application in 2025 Figure 41. Middle East and Africa Phenolic Resin for Friction Materials Sales Market Share in Volume by Application in 2025 Figure 42. Middle East and Africa Phenolic Resin for Friction Materials Sales Market Share in Value by Application in 2025 Figure 43. North America Phenolic Resin for Friction Materials Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 44. North America Phenolic Resin for Friction Materials Sales Share by Country: 2021 VS 2025 VS 2032 Figure 45. North America Phenolic Resin for Friction Materials Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 46. North America Phenolic Resin for Friction Materials Market Share by Country: 2021 VS 2025 VS 2032 Figure 47. Europe Phenolic Resin for Friction Materials Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 48. Europe Phenolic Resin for Friction Materials Sales Share by Country: 2021 VS 2025 VS 2032 Figure 49. Europe Phenolic Resin for Friction Materials Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 50. Europe Phenolic Resin for Friction Materials Market Share by Country: 2021 VS 2025 VS 2032 Figure 51. Asia-Pacific Phenolic Resin for Friction Materials Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 52. Asia-Pacific Phenolic Resin for Friction Materials Sales Share by Country: 2021 VS 2025 VS 2032 Figure 53. Asia-Pacific Phenolic Resin for Friction Materials Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Asia-Pacific Phenolic Resin for Friction Materials Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Latin America Phenolic Resin for Friction Materials Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 56. Latin America Phenolic Resin for Friction Materials Sales Share by Country: 2021 VS 2025 VS 2032 Figure 57. Latin America Phenolic Resin for Friction Materials Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 58. Latin America Phenolic Resin for Friction Materials Market Share by Country: 2021 VS 2025 VS 2032 Figure 59. Middle East and Africa Phenolic Resin for Friction Materials Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 60. Middle East and Africa Phenolic Resin for Friction Materials Sales Share by Country: 2021 VS 2025 VS 2032 Figure 61. Middle East and Africa Phenolic Resin for Friction Materials Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 62. Middle East and Africa Phenolic Resin for Friction Materials Market Share by Country: 2021 VS 2025 VS 2032 Figure 63. Phenolic Resin for Friction Materials Value Chain Figure 64. Key Raw Materials Price Figure 65. Manufacturing Cost Structure Figure 66. Phenolic Resin for Friction Materials Production Mode & Process Figure 67. Direct Comparison with Distribution Share Figure 68. Distributors Profiles Figure 69. Years Considered Figure 70. Research Process Figure 71. Key Executives Interviewed

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 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Phenolic Resin for Friction Materials Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Phenolic Resin for Friction Materials Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Phenolic Resin for Friction Materials Market by Type
  6. 1.3.1 Liquid Type (Phenolic Resol Resins)
  7. 1.3.2 Powder Type (Phenolic Novolac Resins)
  8. 1.4 Global Phenolic Resin for Friction Materials Market Size by Type
  9. 1.4.1 Global Phenolic Resin for Friction Materials Market Size Overview by Type (2021-2032)
  10. 1.4.2 Global Phenolic Resin for Friction Materials Historic Market Size Review by Type (2021-2026)
  11. 1.4.3 Global Phenolic Resin for Friction Materials Forecasted Market Size by Type (2027-2032)
  12. 1.5 Key Regions Market Size by Type
  13. 1.5.1 North America Phenolic Resin for Friction Materials Sales Breakdown by Type (2021-2026)
  14. 1.5.2 Europe Phenolic Resin for Friction Materials Sales Breakdown by Type (2021-2026)
  15. 1.5.3 Asia-Pacific Phenolic Resin for Friction Materials Sales Breakdown by Type (2021-2026)
  16. 1.5.4 South America Phenolic Resin for Friction Materials Sales Breakdown by Type (2021-2026)
  17. 1.5.5 Middle East and Africa Phenolic Resin for Friction Materials Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Phenolic Resin for Friction Materials Industry Trends
  2. 2.2 Phenolic Resin for Friction Materials Industry Drivers
  3. 2.3 Phenolic Resin for Friction Materials Industry Opportunities and Challenges
  4. 2.4 Phenolic Resin for Friction Materials Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Phenolic Resin for Friction Materials Revenue (2021-2026)
  2. 3.2 Global Top Players by Phenolic Resin for Friction Materials Sales (2021-2026)
  3. 3.3 Global Top Players by Phenolic Resin for Friction Materials Price (2021-2026)
  4. 3.4 Global Phenolic Resin for Friction Materials Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Phenolic Resin for Friction Materials Major Company Production Sites & Headquarters
  6. 3.6 Global Phenolic Resin for Friction Materials Company, Product Type & Application
  7. 3.7 Global Phenolic Resin for Friction Materials Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Phenolic Resin for Friction Materials Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Phenolic Resin for Friction Materials Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Phenolic Resin for Friction Materials Tier 1, Tier 2, and Tier 3
4 Phenolic Resin for Friction Materials Regional Status and Outlook
  1. 4.1 Global Phenolic Resin for Friction Materials Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Phenolic Resin for Friction Materials Historic Market Size by Region
  3. 4.2.1 Global Phenolic Resin for Friction Materials Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Phenolic Resin for Friction Materials Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Phenolic Resin for Friction Materials Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Phenolic Resin for Friction Materials Forecasted Market Size by Region
  7. 4.3.1 Global Phenolic Resin for Friction Materials Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Phenolic Resin for Friction Materials Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Phenolic Resin for Friction Materials Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Phenolic Resin for Friction Materials by Application
  1. 5.1 Phenolic Resin for Friction Materials Market by Application
  2. 5.1.1 Automotive
  3. 5.1.2 Railway
  4. 5.1.3 Aeronautics
  5. 5.1.4 Industrial
  6. 5.2 Global Phenolic Resin for Friction Materials Market Size by Application
  7. 5.2.1 Global Phenolic Resin for Friction Materials Market Size Overview by Application (2021-2032)
  8. 5.2.2 Global Phenolic Resin for Friction Materials Historic Market Size Review by Application (2021-2026)
  9. 5.2.3 Global Phenolic Resin for Friction Materials Forecasted Market Size by Application (2027-2032)
  10. 5.3 Key Regions Market Size by Application
  11. 5.3.1 North America Phenolic Resin for Friction Materials Sales Breakdown by Application (2021-2026)
  12. 5.3.2 Europe Phenolic Resin for Friction Materials Sales Breakdown by Application (2021-2026)
  13. 5.3.3 Asia-Pacific Phenolic Resin for Friction Materials Sales Breakdown by Application (2021-2026)
  14. 5.3.4 South America Phenolic Resin for Friction Materials Sales Breakdown by Application (2021-2026)
  15. 5.3.5 Middle East and Africa Phenolic Resin for Friction Materials Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Sumitomo Bakelite
  2. 6.1.1 Sumitomo Bakelite Company Information
  3. 6.1.2 Sumitomo Bakelite Business Overview
  4. 6.1.3 Sumitomo Bakelite Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Sumitomo Bakelite Phenolic Resin for Friction Materials Product Portfolio
  6. 6.1.5 Sumitomo Bakelite Recent Developments
  7. 6.2 Hexion
  8. 6.2.1 Hexion Company Information
  9. 6.2.2 Hexion Business Overview
  10. 6.2.3 Hexion Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Hexion Phenolic Resin for Friction Materials Product Portfolio
  12. 6.2.5 Hexion Recent Developments
  13. 6.3 Mitsui Chemicals
  14. 6.3.1 Mitsui Chemicals Company Information
  15. 6.3.2 Mitsui Chemicals Business Overview
  16. 6.3.3 Mitsui Chemicals Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Mitsui Chemicals Phenolic Resin for Friction Materials Product Portfolio
  18. 6.3.5 Mitsui Chemicals Recent Developments
  19. 6.4 DIC Corporation
  20. 6.4.1 DIC Corporation Company Information
  21. 6.4.2 DIC Corporation Business Overview
  22. 6.4.3 DIC Corporation Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 DIC Corporation Phenolic Resin for Friction Materials Product Portfolio
  24. 6.4.5 DIC Corporation Recent Developments
  25. 6.5 Shengquan Group
  26. 6.5.1 Shengquan Group Company Information
  27. 6.5.2 Shengquan Group Business Overview
  28. 6.5.3 Shengquan Group Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Shengquan Group Phenolic Resin for Friction Materials Product Portfolio
  30. 6.5.5 Shengquan Group Recent Developments
  31. 6.6 KANGNAM CHEMICAL
  32. 6.6.1 KANGNAM CHEMICAL Company Information
  33. 6.6.2 KANGNAM CHEMICAL Business Overview
  34. 6.6.3 KANGNAM CHEMICAL Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 KANGNAM CHEMICAL Phenolic Resin for Friction Materials Product Portfolio
  36. 6.6.5 KANGNAM CHEMICAL Recent Developments
  37. 6.7 Shandong Laiwu Runda New Material
  38. 6.7.1 Shandong Laiwu Runda New Material Company Information
  39. 6.7.2 Shandong Laiwu Runda New Material Business Overview
  40. 6.7.3 Shandong Laiwu Runda New Material Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Shandong Laiwu Runda New Material Phenolic Resin for Friction Materials Product Portfolio
  42. 6.7.5 Shandong Laiwu Runda New Material Recent Developments
  43. 6.8 Kuentek Cashew
  44. 6.8.1 Kuentek Cashew Company Information
  45. 6.8.2 Kuentek Cashew Business Overview
  46. 6.8.3 Kuentek Cashew Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Kuentek Cashew Phenolic Resin for Friction Materials Product Portfolio
  48. 6.8.5 Kuentek Cashew Recent Developments
  49. 6.9 Sprea Misr
  50. 6.9.1 Sprea Misr Company Information
  51. 6.9.2 Sprea Misr Business Overview
  52. 6.9.3 Sprea Misr Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Sprea Misr Phenolic Resin for Friction Materials Product Portfolio
  54. 6.9.5 Sprea Misr Recent Developments
  55. 6.10 Zhejiang Hangzhou Friction Composites
  56. 6.10.1 Zhejiang Hangzhou Friction Composites Company Information
  57. 6.10.2 Zhejiang Hangzhou Friction Composites Business Overview
  58. 6.10.3 Zhejiang Hangzhou Friction Composites Phenolic Resin for Friction Materials Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Zhejiang Hangzhou Friction Composites Phenolic Resin for Friction Materials Product Portfolio
  60. 6.10.5 Zhejiang Hangzhou Friction Composites Recent Developments
7 North America by Country
  1. 7.1 North America Phenolic Resin for Friction Materials Sales by Country
  2. 7.1.1 North America Phenolic Resin for Friction Materials Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Phenolic Resin for Friction Materials Sales by Country (2021-2026)
  4. 7.1.3 North America Phenolic Resin for Friction Materials Sales Forecast by Country (2027-2032)
  5. 7.2 North America Phenolic Resin for Friction Materials Market Size by Country
  6. 7.2.1 North America Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Phenolic Resin for Friction Materials Market Size by Country (2021-2026)
  8. 7.2.3 North America Phenolic Resin for Friction Materials Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Phenolic Resin for Friction Materials Sales by Country
  2. 8.1.1 Europe Phenolic Resin for Friction Materials Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Phenolic Resin for Friction Materials Sales by Country (2021-2026)
  4. 8.1.3 Europe Phenolic Resin for Friction Materials Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Phenolic Resin for Friction Materials Market Size by Country
  6. 8.2.1 Europe Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Phenolic Resin for Friction Materials Market Size by Country (2021-2026)
  8. 8.2.3 Europe Phenolic Resin for Friction Materials Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Phenolic Resin for Friction Materials Sales by Country
  2. 9.1.1 Asia-Pacific Phenolic Resin for Friction Materials Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Phenolic Resin for Friction Materials Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Phenolic Resin for Friction Materials Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Phenolic Resin for Friction Materials Market Size by Country
  6. 9.2.1 Asia-Pacific Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Phenolic Resin for Friction Materials Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Phenolic Resin for Friction Materials Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Phenolic Resin for Friction Materials Sales by Country
  2. 10.1.1 South America Phenolic Resin for Friction Materials Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Phenolic Resin for Friction Materials Sales by Country (2021-2026)
  4. 10.1.3 South America Phenolic Resin for Friction Materials Sales Forecast by Country (2027-2032)
  5. 10.2 South America Phenolic Resin for Friction Materials Market Size by Country
  6. 10.2.1 South America Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Phenolic Resin for Friction Materials Market Size by Country (2021-2026)
  8. 10.2.3 South America Phenolic Resin for Friction Materials Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Phenolic Resin for Friction Materials Sales by Country
  2. 11.1.1 Middle East and Africa Phenolic Resin for Friction Materials Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Phenolic Resin for Friction Materials Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Phenolic Resin for Friction Materials Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Phenolic Resin for Friction Materials Market Size by Country
  6. 11.2.1 Middle East and Africa Phenolic Resin for Friction Materials Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Phenolic Resin for Friction Materials Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Phenolic Resin for Friction Materials Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Phenolic Resin for Friction Materials Value Chain Analysis
  2. 12.1.1 Phenolic Resin for Friction Materials Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Phenolic Resin for Friction Materials Production Mode & Process
  7. 12.2 Phenolic Resin for Friction Materials Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Phenolic Resin for Friction Materials Distributors
  10. 12.2.3 Phenolic Resin for Friction Materials Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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