Phenolic Hard Board Market
Phenolic Hard Board Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Phenolic Hard Board Market Size and Growth
The Phenolic Hard Board market is experiencing steady growth, driven by increased demand in construction and furniture industries. The global market size is anticipated to reach approximately $1.2 billion by 2025, reflecting a compound annual growth rate (CAGR) of 4%. Key trends include sustainability and innovation in production methods.
Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Lapolla Industries
◍ Knauf Insulation
◍ Rockwool International
◍ Johns Manville
◍ Paroc
◍ Saint-Gobain
◍ GAF
◍ Kingspan Group
◍ Beijing New Building Material
◍ Cabot Corporation
◍ Demilec
◍ Covestro
◍ Icynene
The Phenolic Hard Board Market features key players like BASF, Knauf Insulation, and Saint-Gobain. These companies leverage phenolic boards for insulation, durability, and sustainability, driving market growth through innovations in applications. Sales revenues include:
- BASF: €78 billion
- Saint-Gobain: €42 billion
- Kingspan Group: €5.5 billion
These figures highlight their market influence.
Market Segmentation
By Application
◍ Building Structure
◍ Refrigeration Equipment and Insulated Transport Containers
◍ Other
By Product
◍ 20-100mm Thickness
◍ 100-200mm Thickness
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Market Growth
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$ X Billion USD
