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