Phenolic Resins Market
The report segments the global phenolic resins market into Resol resins, Novolac resins, and others based on the product type. Accounting for a market share exceeding 48 %, Resol resins dominated the global phenolic resins market in 2012. Meanwhile, much of the demand generated for Novolac resins is registered by the markets for molded composites and laminates. On a regional perspective, the global phenolic resins market can be segmented into Europe, North America, Asia Pacific, and Rest of the World.
Browse The Full Article Here: http:// www. transparencymarketresearch. com / phenolicresins-market. html
Asia Pacific held the largest share of the global phenolic resins market in 2012, followed by North America. The findings of the report reveal that North America and Asia Pacific collectively accounted for 65 % of the global demand registered from the market in 2012. However, during the forecast period, the countries encompassed within the Rest of the World region are anticipated to register robust growth in terms of demand for phenolic resins. Rapid industrialization and greater application scope in the region will provide lucrative opportunities for phenolic resins manufacturers. The phenolic resins market is highly fragmented with a bevy of players vying for the largest share in the market. The market at present is dominated by regional players such as BASF SE, Georgia Pacific Chemicals, Mitsui Chemicals Inc. and Sumitomo Bakelite Co. Ltd.
Browse The Press Release For Report: http:// www. transparencymarketresearch. com / pressrelease / phenolic-resinsmarket. htm
Transparency Market Research
3