Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 818.31 million

CAGR (2024-2029)

3.48%

Fastest Growing Segment

Phenolic Resin

Largest Market

Asia Pacific

Market Size (2029)

USD 1,002.71 million

 

Market Overview

Global Carbon Material Phenolic Resin Market was valued at USD 818.31 million in 2023 and is anticipated to project robust growth in the forecast period to reach USD 1,002.71 million in 2029 with a CAGR of 3.48%. Carbon materials have been at the forefront of technological advancements, and phenolic resin, a type of synthetic polymer, has emerged as a critical component within the carbon material sector. This market overview delves into the dynamics of the global carbon material phenolic resin market, exploring its production, applications, market drivers, challenges, and future prospects. With a focus on this versatile material, we aim to provide insights into the factors shaping its trajectory on the global stage.

Phenolic resins are synthetic polymers derived from phenol and formaldehyde. These resins are known for their exceptional heat resistance, mechanical strength, and chemical stability, making them a valuable component in various industries. When integrated into carbon materials, phenolic resins enhance their properties, making them suitable for diverse applications.

One of the most notable applications of carbon material phenolic resin is in the manufacturing of carbon-carbon composites(C/C composites). These composites find extensive use in aerospace, automotive, and industrial applications due to their lightweight nature and high-temperature resistance. The incorporation of phenolic resin into carbon materials contributes to their ability to withstand extreme conditions, making them ideal for critical components in industries with demanding requirements.

The global carbon material phenolic resin market is characterized by a dynamic landscape shaped by several key factors. Production processes for phenolic resin involve the condensation of phenol and formaldehyde, followed by polymerization, resulting in a versatile material with diverse applications. The market's growth is propelled by the rising demand for lightweight and high-performance materials in industries such as aerospace, automotive, and manufacturing.

The aerospace industry, in particular, is a significant driver of the carbon material phenolic resin market. Carbon-carbon composites reinforced with phenolic resin are widely used in aircraft and spacecraft due to their ability to withstand high temperatures and mechanical stress. As the aerospace sector continues to grow and innovate, the demand for advanced materials like carbon material phenolic resin is expected to rise.

Additionally, the automotive industry has witnessed an increased focus on lightweight materials to improve fuel efficiency and reduce emissions. Phenolic resin-reinforced carbon materials find applications in lightweight components, contributing to the industry's efforts to produce more fuel-efficient vehicles.

While the carbon material phenolic resin market exhibits substantial growth potential, it is not without its challenges. One key challenge is the need for continuous research and development to optimize production processes and reduce costs. The raw materials used in phenolic resin production, such as phenol and formaldehyde, can be subject to price fluctuations, impacting production costs. Innovations in resin synthesis and resin-to-fiber ratio optimization are essential to mitigate these challenges.

Environmental concerns related to the productionand disposal of phenolic resins also present challenges. Efforts to developmore sustainable and environmentally friendly resins, as well as recyclingmethods for carbon materials containing phenolic resins, are ongoing.

On the flip side, the carbon material phenolicresin market is poised to benefit from evolving global trends. As industriesincreasingly prioritize sustainability and environmental responsibility, thedevelopment of bio-based and environmentally friendly phenolic resins couldopen up new opportunities. Additionally, advancements in nanotechnology areexpected to enhance the properties of carbon materials, further expanding theirapplications.

The global carbon material phenolic resin marketexhibits variations across regions and industries. In North America, theaerospace industry's drives the demand for phenolic resin-reinforced carbonmaterials. The region's aerospace sector is characterized by innovation and afocus on lightweight materials, making it a significant contributor to themarket.

Europe, with its strong automotive industry, alsoplays a crucial role in the carbon material phenolic resin market. As Europeanautomakers strive to meet stringent emissions standards, the adoption oflightweight materials like carbon composites becomes imperative.

Asia-Pacific, on the other hand, is a growing market driven by the expanding industrial and manufacturing sectors. As economies in the region continue to develop, there is an increasing demand forhigh-performance materials that can withstand harsh conditions, further fuelingthe adoption of carbon material phenolic resin.

The global carbon material phenolic resin marketstands at a pivotal juncture, poised for growth as industries seek advancedmaterials that offer high performance and sustainability. The integration ofphenolic resin into carbon materials has broadened the scope of applicationsacross industries such as aerospace, automotive, and manufacturing.

While challenges related to cost, environmentalimpact, and sustainability persist, ongoing research and development effortsare expected to address these concerns. Innovations in resin synthesis,recycling methods, and the development of bio-based resins hold promise for amore sustainable future for the market.

As global industries continue to evolve andprioritize lightweight, high-performance materials, the carbon materialphenolic resin market is likely to play an increasingly vital role. The dynamicinterplay between technological advancements, environmental considerations, andmarket demands will shape the trajectory of this market in the years to come.In conclusion, the future of the global carbon material phenolic resin marketis characterized by both challenges and opportunities, with its importance extendingacross a wide spectrum of industries.

Key Market Drivers

Rising Usage of Carbon Material Phenolic Resin inthe Aerospace Industry is Major Factor for Carbon Material Phenolic Resin MarketGrowth

The global carbon material phenolic resin market isexperiencing substantial growth, largely driven by the rising usage of thisadvanced material in the aerospace industry. Carbon material phenolic resin, ahigh-performance composite material, has gained significant traction in theaerospace sector due to its exceptional properties and versatility, effectivelypropelling the expansion of the global market.

One of the primary factors contributing to thedemand for carbon material phenolic resin in aerospace is its outstanding fireresistance. The aerospace industry demands materials that can withstand extremeconditions, especially in the event of a fire. Carbon material phenolic resin'sinherent fire-resistant properties make it a preferred choice for manufacturingcomponents such as interior panels, insulation, and aircraft interiors. Thisnot only enhances passenger safety but also ensures compliance with stringentaviation safety regulations, further driving the adoption of carbon materialphenolic resin.

Moreover, the aerospace industry values lightweight materials that can help reduce the overall weight of aircraft. Carbon material phenolic resin excels in this regard as it offers an exceptional strength-to-weight ratio. By incorporating carbon material phenolic resin composites into aircraft structures, manufacturers can achieve weight reduction without compromising on structural integrity or safety. This weight savings translates into improved fuel efficiency, extended flight ranges, and lower operational costs, aligning perfectly with the aerospace industry's pursuit of efficiency and sustainability.

Carbon material phenolic resin is also known for its excellent thermal and electrical insulation properties. These attributes make it indispensable for a range of aerospace applications, particularly inavionics and electrical systems. The material's ability to withstand high temperatures and provide electrical insulation contributes to the safety andreliability of critical electronic components on aircraft, ensuring uninterrupted communication and navigation systems operation.

Furthermore, carbon material phenolic resin is favored in the aerospace industry for its exceptional dimensional stability and resistance to wear and tear. It is commonly used in the manufacture of bearings, bushings, and various structural components where high strength, durability, and low friction properties are essential. These attributes help extend the lifespan of aircraft and reduce maintenance requirements, resulting in cost savings and enhanced operational efficiency.

Collaborations between aerospace companies, research institutions, and materials scientists have been instrumental in advancing the development and application of carbon material phenolic resin. Research and development initiatives focus on optimizing production processes, enhancing material properties, and exploring innovative applications in aerospace technologies.


Growing Popularity of Carbon Material Phenolic Resin in Industrial Applications Drives the Demand for Carbon Material Phenolic Resin Market

The global carbon material phenolic resin market is witnessing significant growth, primarily propelled by the growing popularity of this versatile material in various industrial applications. Carbon material phenolic resin, a high-performance composite material, has garnered attention across industries due to its exceptional properties and adaptability, effectively driving the expansion of the global market.

One of the key factors contributing to the increasing demand for carbon material phenolic resin in industrial applications is its remarkable thermal resistance. Industrial settings often involve high temperatures and exposure to extreme heat, which necessitates materials capable of withstanding these conditions. Carbon material phenolic resin excels in high-temperature environments, making it an ideal choice for manufacturing components such as insulation, gaskets, seals, and furnace linings. Its ability to maintain structural integrity and performance under extreme heat is invaluable in industries such as metallurgy, petrochemicals, and manufacturing.

Additionally, carbon material phenolic resin'sexceptional resistance to chemicals and corrosive substances enhances itsappeal in industrial environments where exposure to harsh chemicals is common.It is used in the production of chemical-resistant linings, tank coatings, andindustrial equipment components, ensuring the longevity and durability ofcritical infrastructure. This resistance to corrosion contributes to costsavings by reducing maintenance requirements and downtime in industrialfacilities.

The material's excellent electrical insulatingproperties have also led to its widespread adoption in industrial electricaland electronics applications. Carbon material phenolic resin is used in theproduction of insulators, circuit boards, and electrical enclosures, whereelectrical insulation and protection against voltage leakage are essential. Itsreliability in maintaining electrical insulation under varying conditions is acrucial factor driving its demand in industrial electronics and electrical equipmentmanufacturing.

Moreover, the material's strength and durabilitymake it a preferred choice for industrial wear-resistant applications. It isutilized in the production of bearings, bushings, and other components thatexperience friction and wear. The material's low friction properties reducewear and extend the service life of industrial machinery, reducing replacementand maintenance costs.

Furthermore, carbon material phenolic resin plays apivotal role in industrial friction materials, particularly in the productionof brake linings and clutch facings. Its ability to dissipate heat and maintainconsistent friction properties is crucial for the performance and safety ofindustrial vehicles and machinery. As industries continue to prioritize safetyand efficiency, the demand for carbon material phenolic resin in frictionmaterials remains strong.

Collaborations between industrial manufacturers,research institutions, and materials scientists have been instrumental inadvancing the development and application of carbon material phenolic resin.Ongoing research endeavors focus on optimizing production processes, enhancingmaterial properties, and exploring innovative applications in variousindustrial sectors.

In conclusion, the growing popularity of carbonmaterial phenolic resin in industrial applications is a major driver of theglobal carbon material phenolic resin market. Its exceptional thermalresistance, chemical resistance, electrical insulation properties, durability,and versatility make it a valuable material across a wide range of industries,including metallurgy, petrochemicals, electronics, and manufacturing. Asindustries continue to prioritize safety, efficiency, and cost-effectiveness,the demand for carbon material phenolic resin is poised for sustained growth,offering innovative solutions to meet the evolving needs of industrial sectorsand contributing to advancements in industrial technology.

Automotive Industry Emphasis on Lightweighting Materials

The global carbon material phenolic resin market iswitnessing remarkable growth, with a significant driving force being the risingemphasis on lightweighting materials in the automotive industry. Carbonmaterial phenolic resins, renowned for their lightweight properties and exceptionaldurability, have gained significant traction in the automotive sector due totheir unique ability to help automakers meet strict fuel efficiency andemissions standards, effectively driving the expansion of the global market.

One of the primary factors fueling the demand forcarbon material phenolic resins is the automotive industry's relentless pursuitof fuel efficiency. As governments worldwide tighten emissions regulations andconsumers demand more environmentally friendly vehicles, automakers are underincreasing pressure to reduce vehicle weight and improve fuel economy. Carbonmaterial phenolic resins, known for their low density and highstrength-to-weight ratio, are utilized in a variety of automotive components tohelp achieve weight reduction. This includes applications such aslightweighting interior components, reducing the weight of structural parts,and manufacturing lightweight composite materials. As the automotive industrycontinues to prioritize fuel efficiency and lower emissions, the demand forcarbon material phenolic resins as a lightweighting solution is expected togrow.

Additionally, carbon material phenolic resinscontribute to the development of electric vehicles (EVs). EVs rely onlightweight materials to extend their range and improve energy efficiency.Carbon material phenolic resins play a critical role in EV battery systems,where lightweight and thermally stable materials are essential. They are usedin the production of battery enclosures, thermal insulators, and structuralcomponents, all of which help enhance the overall performance and safety ofEVs. As the adoption of electric vehicles continues to rise, so does the demandfor carbon material phenolic resins in the automotive sector.

Moreover, carbon material phenolic resins arefavored for their excellent thermal insulation properties. In the automotiveindustry, thermal management is crucial to ensuring the efficient operation ofengines and exhaust systems. Carbon material phenolic resins are used asthermal insulators in various engine components, helping to reduce heattransfer and enhance engine performance. This is particularly important inhigh-performance and racing vehicles where temperature control is critical.

Collaborations between automotive manufacturers,material scientists, and research institutions have been pivotal in advancingthe development and application of carbon material phenolic resins. Ongoingresearch efforts focus on optimizing production processes, improving materialproperties, and exploring innovative applications for these lightweight anddurable resins.

In conclusion, the rising emphasis onlightweighting materials in the automotive industry is a major driver of theglobal carbon material phenolic resin market. As automakers strive to meetstringent fuel efficiency and emissions standards while embracing electricvehicle technology, carbon material phenolic resins have emerged as a vitalsolution for reducing vehicle weight, improving energy efficiency, andenhancing overall performance. The continued evolution of the automotiveindustry toward lightweight and eco-friendly materials positions carbonmaterial phenolic resins as a key player in shaping the future of automotivemanufacturing and design, with the global market expected to experiencesustained growth as a result.



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Key Market Challenges

Production Cost and Raw Material Price Volatility

The global Carbon Material Phenolic Resin marketconfronts significant impediments arising from both production costs and rawmaterial price volatility. Phenolic resins, known for their exceptional heatresistance and mechanical strength, are vital components in carbon materialsused extensively in aerospace, automotive, and electronics industries. However,the production of phenolic resins relies heavily on a mix of raw materials, andtheir prices are subject to fluctuations.

Firstly, production costs for phenolic resins canbe high, driven by the need for specific ingredients and intricate processingmethods. These elevated costs can make carbon materials less competitivecompared to alternative materials, hindering market growth.

Secondly, the volatility of raw material prices,including those of phenol and formaldehyde, adds an additional layer ofuncertainty. Market disruptions, supply shortages, and geopolitical tensionscan cause sudden spikes in raw material costs, impacting the overall coststructure and profitability of carbon material manufacturers.

To foster the growth of the Carbon MaterialPhenolic Resin market, stakeholders must invest in research to developcost-effective production methods, diversify raw material sources, and exploresustainable alternatives. Addressing these dual challenges will be instrumentalin enhancing the competitiveness and sustainability of carbon materials,enabling their wider adoption across industries.

Environmental Concerns

Environmental concerns are becoming increasinglyinfluential in obstructing the growth of the global Carbon Material PhenolicResin market. Phenolic resins, prized for their exceptional heat resistance andmechanical strength, are vital components in carbon materials used extensivelyin aerospace, automotive, and electronics industries. However, their productionhas come under scrutiny due to its environmental impact.

The manufacturing process of phenolic resinstypically involves the use of formaldehyde, a chemical known for its potentialhealth and environmental risks. Environmental regulations and growing publicawareness of sustainability issues have intensified the demand for cleaner andgreener alternatives, forcing the industry to confront challenges related toemissions and waste disposal.

To overcome these obstacles and foster marketgrowth, companies in the Carbon Material Phenolic Resin sector must invest inresearch and development efforts to develop eco-friendly production methods andexplore alternative resins with reduced environmental footprints. Addressingenvironmental concerns is not only essential for regulatory compliance but alsofor meeting the evolving preferences of environmentally conscious consumers andindustries seeking sustainable solutions.

Key Market Trends

Sustainable Resin Development

Sustainable resin development is emerging as acritical trend in shaping the global Carbon Material Phenolic Resin market.Phenolic resins are widely known for their exceptional durability, heatresistance, and flame-retardant properties, making them essential in a varietyof industries, including automotive, construction, and electronics. However,the environmental impact of traditional phenolic resin production has raisedconcerns, driving the need for more sustainable alternatives.

Efforts are now focused on the development ofeco-friendly phenolic resins derived from renewable sources, such as bio-basedphenolic precursors. These sustainable resins not only reduce the carbonfootprint associated with their manufacturing but also meet the growing demandfor environmentally responsible materials. As regulatory pressures and consumerpreferences increasingly favor green and sustainable products, the CarbonMaterial Phenolic Resin market is adapting by embracing these sustainable alternatives.

Furthermore, sustainable resin development isextending to recycling and reusing phenolic resin materials, thereby minimizingwaste and resource consumption. Techniques for the efficient recovery andreprocessing of phenolic resins from end-of-life products and industrial wasteare being explored, reducing the reliance on virgin materials, and promotingcircular economy principles.

In conclusion, sustainable resin developmentrepresents a pivotal trend in the global Carbon Material Phenolic Resin market.This shift towards more eco-friendly and responsible production methods notonly addresses environmental concerns but also aligns with the broader globalcommitment to sustainability and green manufacturing, ultimately driving thegrowth and diversification of the market.

Advancements in Nanotechnology

Advancements in nanotechnology are emerging as apivotal trend in shaping the global Carbon Material Phenolic Resin market.Phenolic resins, prized for their exceptional heat resistance, durability, andflame-retardant properties, have traditionally found application in a widerange of industries, from aerospace to electronics. However, nanotechnology isrevolutionizing the properties and applications of phenolic resins, opening upnew possibilities and driving market growth.

Nanotechnology allows for the precise manipulationof materials at the nanoscale, and when applied to phenolic resins, it canenhance their mechanical strength, thermal stability, and electricalconductivity. This results in the development of advanced composite materialswith improved performance characteristics, making them ideal for use incutting-edge technologies.

One significant area where nanotechnology is makingan impact is in the production of carbon nanotube-infused phenolic resins.These composites exhibit remarkable strength-to-weight ratios, making themvaluable in applications such as aircraft components and automotive parts.Additionally, nanotechnology-enhanced phenolic resins are increasingly beingutilized in emerging fields like 3D printing, where they offer the potentialfor high-performance and precision manufacturing.

The adoption of nanotechnology in phenolic resindevelopment not only enhances product performance but also aligns with thetrend toward miniaturization and efficiency across various industries. As aresult, it is expected to drive the global Carbon Material Phenolic Resinmarket's growth by enabling the creation of innovative and high-value productstailored to meet the demands of the modern technological landscape.

Segmental Insights

Resin Type Insights

Based on the type,  the phenolic resin segment emerged as thedominant player in the global market for Carbon Material Phenolic Resin. Phenolicresins are known for their versatility in various applications. They can beused as binders and matrices in a wide range of carbon materials, such ascarbon composites, carbon fiber-reinforced plastics (CFRP), and carbon brakepads. This versatility makes them a preferred choice in many industries. Phenolicresins also have excellent adhesive properties, allowing them to effectivelybond carbon materials together. This property is crucial in the manufacturingof composite materials, where a strong bond between carbon fibers or particlesis essential for structural integrity.

Phenolic resins exhibit high heat resistance,making them suitable for applications that involve exposure to elevatedtemperatures. This is particularly valuable in industries such as aerospace,automotive, and manufacturing, where materials must withstand extreme heatconditions. Phenolic resins have inherent fire-resistant properties, which is acrucial factor in industries where fire safety is a concern. They can be usedin the production of fire-resistant materials and components.

Application Insights

The graphite segments are projected to experiencerapid growth during the forecast period. Graphite is known for its excellentthermal conductivity, which makes it an essential material in applicationswhere heat dissipation and thermal management are critical. Phenolic resinswith graphite additives are used in products such as heat sinks, gaskets, andelectronic components to efficiently transfer and dissipate heat. Graphitepossesses natural lubricating properties, making it an ideal choice forapplications requiring low friction and wear resistance. In industries such asautomotive, aerospace, and manufacturing, graphite-phenolic composites are usedin components like bearings and seals.

Graphite has good electrical conductivity, which isvaluable in applications where electrical components must remain insulated orgrounded. It is used in electrical contacts, brushes, and other components toensure reliable electrical performance. Graphite is resistant to manychemicals, acids, and bases, making it suitable for applications in corrosiveenvironments, such as chemical processing, petrochemical, and miningindustries.

Graphite-phenolic composites offer excellentdimensional stability under varying temperature and humidity conditions. Thisstability is essential in precision applications like aerospace andelectronics. Graphite materials typically have a low CTE, which means they donot expand or contract significantly with temperature changes. This property iscrucial in applications where tight tolerances and stability are required.



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Regional Insights

The Asia-Pacific region is poised to experiencerobust growth in the phenolic resin market, primarily driven by the substantialconsumption of these resins in various industries such as consumer electronics,transportation, furniture, construction, and oil and gas, with China and Indiaplaying pivotal roles in this expansion. Among these sectors, thetransportation and automotive industry holds the largest share in the phenolicresin market, with Asia-Pacific's thriving transportation sector, particularlyin rubber-related industries, fueling the demand.

Moreover, several countries in the Asia-Pacificregion have introduced legislation aimed at constructing energy-efficientbuildings, further bolstering the demand for phenolic resins. For instance,Singapore's Green Building Masterplan (SGBMP) aims to make 80% of all buildingsgreen by 2030, with nearly half of them achieving green status by the end of2021.

Globally, the demand for phenol has been steadilyincreasing, reaching approximately 12 million metric tons in 2022, reflectingan average annual growth rate of 2.5% over the past five years. In addition tothe Asian growth drivers, emerging countries like India, Japan, and South Koreaare anticipated to witness increased demand for phenolic resins due toburgeoning construction activities, rising middle-class populations, increaseddisposable income, and a growing market for automotive products, including electricvehicles.

In North America, the phenolic resin market isexpected to flourish due to rapid construction and infrastructure development,particularly in the United States and Mexico, driven by the demand fornon-residential projects like hospitals, commercial buildings, and educationalinstitutions.

Europe is experiencing a surge in demand forcompact, fuel-efficient vehicles, partly due to escalating gasoline and dieselprices and tax incentives for eco-friendly vehicles. This trend has a positiveimpact on the phenolic resin market as these resins are extensively used inautomotive applications.

Lastly, the growth potential in the phenolic resinmarket is expanding in regions like Chile and Peru, thanks to the emergence ofconstruction companies and the presence of major foreign automotivemanufacturers. Brands like BMW, Ford, General Motors, and others are expectedto drive the demand for phenolic-based products in automotive moldings andcoatings in these regions over the forecast period.

Recent Development

  • In 2023, BASF SE made a significant investment inexpanding the production capacity of polymer dispersions at its Merak,Indonesia facility. This expansion aligns with the growing demand forhigh-quality packaging materials in the ASEAN region, particularly where keypaper and board manufacturers are situated.
  • In 2022, Sumitomo Bakelite Europe NV, a subsidiaryof Sumitomo Bakelite Co., Ltd. located in Belgium, achieved InternationalSustainability and Carbon Certification (ISCC PLUS) for its phenolic resins.This certification acknowledges the company's commitment to utilizing biobasedand bio-circular materials, a widely recognized standard in Europe.
  • In 2022, ASK Chemicals Group successfully concludedthe acquisition of the industrial resins division from SI Group, a US-basedcompany. This acquisition encompasses resin manufacturing facilities in RioClaro (Brazil), Ranjangaon (India), and Johannesburg (South Africa), along withlicensed technology and various tolling agreements worldwide. This strategicmove not only solidifies ASK Chemicals' position in the foundry market but alsomarks a significant step in establishing a robust presence in the phenolicindustrial resin sector.

Key Market Players

  • Shandong Yushiju Chemical Co.,Ltd
  • DICCorporation
  • KolonIndustries, Inc.
  • SumitomoBakelite Co., Ltd.
  • HexcelCorporation
  • Georgia-PacificChemicals
  • KRATONCorporation
  • NanjingNingkang Chemical Co., Ltd
  • Bostik,Inc.
  • SI Group,Inc

By Type

By Application

By Region

  • Phenolic Resin
  • Carbon Resins
  • Ceramics
  • Cement
  • Metal
  • Graphite
  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa
Report Scope:

In this report, the Global Carbon Material PhenolicResin Market has been segmented into the following categories, in addition tothe industry trends which have also been detailed below:

  • Carbon Material Phenolic Resin Market, By Type:

o   Phenolic Resin

o   Carbon Resins

  • Carbon Material Phenolic Resin Market, By Application:

o   Ceramics

o   Cement

o   Metal

o   Graphite

  • Carbon Material Phenolic Resin Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkiye

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global CarbonMaterial Phenolic Resin Market.

Available Customizations:

Global Carbon Material Phenolic Resin market reportwith the given market data, TechSci Research offers customizations accordingto a company's specific needs. The following customization options areavailable for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Carbon Material Phenolic Resin Market is anupcoming report to be released soon. If you wish an early delivery of thisreport or want to confirm the date of release, please contact us at [email protected] 

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Applications

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Impact of COVID-19 on Global Carbon Material Phenolic Resin Market

5.    Voice of Customer

6.    Global Carbon Material Phenolic Resin Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Type (Phenolic Resin, and Carbon Resins)

6.2.2.    By Application (Ceramics, Cement, Metal, Graphite)

6.2.3.    By Region

6.2.4.    By Company (2023)

6.3.  Market Map

7.    Asia Pacific Carbon Material Phenolic Resin Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Application

7.2.3.    By Country

7.3.  Asia Pacific: Country Analysis

7.3.1.    China Carbon Material Phenolic Resin Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value & Volume

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Application

7.3.2.    India Carbon Material Phenolic Resin Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value & Volume

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Application

7.3.3.    Australia Carbon Material Phenolic Resin Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value & Volume

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By Application

7.3.4.    Japan Carbon Material Phenolic Resin Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value & Volume

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By Application

7.3.5.    South Korea Carbon Material Phenolic Resin Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value & Volume

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By Application

8.    Europe Carbon Material Phenolic Resin Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Application

8.2.3.    By Country

8.3.  Europe: Country Analysis

8.3.1.    France Carbon Material Phenolic Resin Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value & Volume

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Application

8.3.2.    Germany Carbon Material Phenolic Resin Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value & Volume

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Application

8.3.3.    Spain Carbon Material Phenolic Resin Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value & Volume

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Application

8.3.4.    Italy Carbon Material Phenolic Resin Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value & Volume

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type

8.3.4.2.2.           By Application

8.3.5.    United Kingdom Carbon Material Phenolic Resin Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value & Volume

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type

8.3.5.2.2.           By Application

9.    North America Carbon Material Phenolic Resin Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Application

9.2.3.    By Country

9.3.  North America: Country Analysis

9.3.1.    United States Carbon Material Phenolic Resin Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value & Volume

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Application

9.3.2.    Mexico Carbon Material Phenolic Resin Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value & Volume

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Application

9.3.3.    Canada Carbon Material Phenolic Resin Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value & Volume

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Application

10. South America Carbon Material Phenolic Resin Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value & Volume

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Application

10.2.3. By Country

10.3.             South America: Country Analysis

10.3.1. Brazil Carbon Material Phenolic Resin Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value & Volume

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Application

10.3.2. Argentina Carbon Material Phenolic Resin Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value & Volume

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Application

10.3.3. Colombia Carbon Material Phenolic Resin Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value & Volume

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Application

11. Middle East and Africa Carbon Material Phenolic Resin Market Outlook

11.1.             Market Size & Forecast

11.1.1. By Value & Volume

11.2.             Market Share & Forecast

11.2.1. By Type

11.2.2. By Application

11.2.3. By Country

11.3.             MEA: Country Analysis

11.3.1. South Africa Carbon Material Phenolic Resin Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value & Volume

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Type

11.3.1.2.2.         By Application

11.3.2. Saudi Arabia Carbon Material Phenolic Resin Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value & Volume

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Type

11.3.2.2.2.         By Application

11.3.3. UAE Carbon Material Phenolic Resin Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value & Volume

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Type

11.3.3.2.2.         By Application

11.3.4. Qatar Carbon Material Phenolic Resin Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value & Volume

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Type

11.3.4.2.2.         By Application

11.3.5. Turkiye Carbon Material Phenolic Resin Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value & Volume

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Type

11.3.5.2.2.         By Application

11.3.6. Egypt Carbon Material Phenolic Resin Market Outlook

11.3.6.1.     Market Size & Forecast

11.3.6.1.1.         By Value & Volume

11.3.6.2.     Market Share & Forecast

11.3.6.2.1.         By Type

11.3.6.2.2.         By Application

12. Market Dynamics

12.1.             Drivers

12.2.             Challenges

13. Market Trends and Developments

13.1.             Recent Developments

13.2.             Product Launches

13.3.             Mergers & Acquisitions

14. Global Carbon Material Phenolic Resin Market: SWOT Analysis

15. Pricing Analysis

16. Porter’s Five Forces Analysis

16.1.             Competition in the Industry

16.2.             Potential of New Entrants

16.3.             Power of Suppliers

16.4.             Power of Customers

16.5.             Threat of Substitute Application

17. PESTLE Analysis

18. Competitive Landscape

18.1.             BASF SE

18.1.1. Business Overview

18.1.2. Company Snapshot

18.1.3. Applications & Services

18.1.4. Financials (In case of listed companies)

18.1.5. Recent Developments

18.1.6. SWOT Analysis

18.2.             DIC Corporation

18.2.1. Business Overview

18.2.2. Company Snapshot

18.2.3. Applications & Services

18.2.4. Financials (In case of listed companies)

18.2.5. Recent Developments

18.2.6. SWOT Analysis

18.3.             Kolon Industries, Inc.

18.3.1. Business Overview

18.3.2. Company Snapshot

18.3.3. Applications & Services

18.3.4. Financials (In case of listed companies)

18.3.5. Recent Developments

18.3.6. SWOT Analysis

18.4.             Sumitomo Bakelite Co., Ltd.

18.4.1. Business Overview

18.4.2. Company Snapshot

18.4.3. Applications & Services

18.4.4. Financials (In case of listed companies)

18.4.5. Recent Developments

18.4.6. SWOT Analysis

18.5.             Hexcel Corporation

18.5.1. Business Overview

18.5.2. Company Snapshot

18.5.3. Applications & Services

18.5.4. Financials (In case of listed companies)

18.5.5. Recent Developments

18.5.6. SWOT Analysis

18.6.             Georgia-Pacific Chemicals

18.6.1. Business Overview

18.6.2. Company Snapshot

18.6.3. Applications & Services

18.6.4. Financials (In case of listed companies)

18.6.5. Recent Developments

18.6.6. SWOT Analysis

18.7.            KRATON Corporation


18.7.1. Business Overview

18.7.2. Company Snapshot

18.7.3. Applications & Services

18.7.4. Financials (In case of listed companies)

18.7.5. Recent Developments

18.7.6. SWOT Analysis

18.8.             Nanjing Ningkang Chemical Co., Ltd

18.8.1. Business Overview

18.8.2. Company Snapshot

18.8.3. Applications & Services

18.8.4. Financials (In case of listed companies)

18.8.5. Recent Developments

18.8.6. SWOT Analysis

18.9.             Bostik, Inc.

18.9.1. Business Overview

18.9.2. Company Snapshot

18.9.3. Applications & Services

18.9.4. Financials (In case of listed companies)

18.9.5. Recent Developments

18.9.6. SWOT Analysis

18.10.          SI Group, Inc.

18.10.1.              Business Overview

18.10.2.              Company Snapshot

18.10.3.              Applications & Services

18.10.4.              Financials (In case of listed companies)

18.10.5.              Recent Developments

18.10.6.              SWOT Analysis

19. Strategic Recommendations

20. About us and Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Carbon Material Phenolic Resin Market was estimated to be USD 818.31 million in 2023.

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Based on the type, the phenolic resin segment emerged as the dominant player in the global market for Carbon Material Phenolic Resin. Phenolic resins are known for their versatility in various applications. They can be used as binders and matrices in a wide range of carbon materials, such as carbon composites, carbon fiber-reinforced plastics (CFRP), and carbon brake pads. This versatility makes them a preferred choice in many industries.

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The Asia-Pacific region is poised to experience robust growth in the phenolic resin market, primarily driven by the substantial consumption of these resins in various industries such as consumer electronics, transportation, furniture, construction, and oil and gas, with China and India playing pivotal roles in this expansion. Among these sectors, the transportation and automotive industry holds the largest share in the phenolic resin market, with Asia-Pacific's thriving transportation sector, particularly in rubber-related industries, fueling the demand.

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Rising usage of carbon material phenolic resin in the aerospace industry and growing popularity of carbon material phenolic resin in industrial applications are the major drivers for the Global Carbon Material Phenolic Resin Market growth.

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Sakshi Bajaal

Business Consultant
Press Release

Carbon Material Phenolic Resin Market to Grow with a CAGR of 3.48% through 2029

Apr, 2024

Rising usage of carbon material phenolic resin in the aerospace industry and growing popularity of carbon material phenolic resin in industrial applications are factors driving the Global Carbon Mate