Resorcinol Formaldehyde Resin Market
Resorcinol Formaldehyde Resin Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Resorcinol Formaldehyde Resin Market Size and Growth
The global Resorcinol Formaldehyde Resin market is projected to grow at a CAGR of XX% during the forecast period of 2021-2026. The market size is estimated to reach $XX billion by 2026. Factors such as increasing demand from the construction and automotive industries are driving the market growth.
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Companies Covered (Covid 19 Impact Covered)
◍ BASF
◍ Georgia Pacific Chemicals
◍ Ask Chemicals
◍ Sumitomo Chemical
◍ Atul Ltd
◍ Guangzhou Guangfeng
◍ Mitsubishi
The competitive landscape of the Resorcinol
Formaldehyde Resin market includes key players such as BASF, Georgia Pacific Chemicals, Ask Chemicals, Sumitomo Chemical, Atul Ltd, Guangzhou Guangfeng, and Mitsubishi. These companies utilize Resorcinol
Formaldehyde Resin for applications in adhesives, rubber, composites, and more, contributing to market growth.
- BASF reported sales revenue of $65.4 billion in 2020.
- Georgia Pacific Chemicals reported sales revenue of $17.2 billion in 2020.
- Sumitomo Chemical reported sales revenue of $18.2 billion in 2020.
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Market Segmentation
By Application
◍ Tire
◍ Leather Belt
◍ Hose
◍ Rubber Fabric
◍ Other
By Product
◍ Self-erecting Resorcinol
Formaldehyde
◍ Flat Top Resorcinol Formaldehyde
Resin
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$ X Billion USD
Market Growth
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