Phenolic Resins for Casting Market
Phenolic Resins for Casting Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Phenolic Resins for Casting Market Size and Growth
The Phenolic Resins for Casting market is experiencing steady growth, driven by demand across automotive and aerospace sectors. The market size is projected to reach approximately $1.2 billion by 2025, reflecting increased applications in tooling and composite materials. Technological advancements and sustainable practices further enhance market prospects.
Companies Covered
(Covid 19 Impact Covered)
◍ Hexion
◍ Sbhpp
◍ SI Group
◍ Jinan Shengquan Group
◍ Metadynea International
◍ Chang Chun Group
◍ Prefere Resins
◍ Kolon Industries
◍ Plenco
◍ Shandong Laiwu Runda
◍ UCP Chemicals AG
◍ Lerg SA
The Phenolic Resins for Casting market features major players like Hexion, SI Group, and Jinan Shengquan Group, focusing on R&D and innovative applications. These companies enhance market growth through diverse product offerings and strategic partnerships. Some revenue highlights include:
- Hexion: ~$3 billion
- SI Group: ~$1 billion
- Chang Chun Group: ~$1.2 billion
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Market Segmentation
By Application
Phenolic Resin Grinding Wheel
Foundry Binder
Others
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By Product
Granular Resin
Flaky Resin
Market Growth
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$ X Billion USD
