Global Phenolic Molding Compound market cagr 7.6%

Phenolic Molding Compound Market

Phenolic Molding Compound Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

Request Sample Report

Phenolic Molding Compound Market Size and Growth

The global phenolic molding compound market is projected to grow at a CAGR of 5.2% from 2021 to 2026. The market size is estimated to reach $3.7 billion by 2026, driven by the increasing demand for lightweight, high-strength materials in automotive, electronics, and construction industries. Key players include Hexion, Sumitomo Bakelite, and Hitachi Chemical. Request Sample

Companies Covered (Covid 19 Impact Covered)

◍ Hitachi Chemical Company

◍ Chang Chun Plastics

◍ Sumitomo Bakelite

◍ Hexion

◍ Plenco

◍ Raschig GmbH

◍ Jiahua Group

Competitive landscape of Phenolic Molding Compound Market includes key players like Hitachi Chemical, Chang Chun Plastics, Sumitomo Bakelite, Hexion, Plenco, Raschig GmbH, and Jiahua Group. These companies utilize phenolic molding compounds for various applications and contribute to the market growth. Hitachi Chemical Co. earned $19.6 billion in sales revenue. Chang Chun Plastics had $2.3 billion in sales revenue. Other revenue figures undisclosed.

Request Sample Report

Market Segmentation

By Application

◍ Automotive

◍ Aerospace

◍ Electrical & Electronics

◍ Others

By Product

◍ General Grades

◍ Ammonia-free Grades

◍ High-strength Grades

◍ Heat Resistant Grades

◍ Other

Request Sample Report