세계의 페놀 수지 시장 : 시장 규모, 점유율 및 동향 분석(제품별, 용도별, 지역별), 부문별 예측(2025-2033년)

Phenolic Resins Market Summary

The global phenolic resins market size was estimated to be USD 15.07 billion in 2024 and is anticipated to reach USD 24.71 billion by 2033, growing at a CAGR of 5.7% from 2025 to 2033. Phenolic resins are commonly used across applications, including wood adhesives, molding, insulations, laminates, paper impregnation, coatings, and other applications such as abrasives, composites, carbon binders, friction materials, sound-roof bonding felt, and tires & rubbers.

The growth in domestic manufacturing of wood-based cabinets, furniture, wall panels, and associated construction materials, along with increasing residential housing utilizing similar engineered wood products, is likely to present lucrative opportunities for phenolic resins during the forecast period.

Phenolic resins are gaining renewed traction as industries demand materials that balance durability, thermal stability, and sustainability. In automotive and aerospace, the shift toward lightweighting and fire-safe components is reinforcing phenolic adoption in composites, brake linings, and insulation systems. Electronics manufacturers are also leveraging phenolic-based laminates and adhesives to ensure dimensional stability and flame resistance in high-performance circuit boards.

Meanwhile, the construction sector is turning to phenolic foams for energy-efficient insulation solutions with low smoke and toxicity profiles. These dynamics are prompting producers to refine product lines with advanced, low-emission, and bio-based phenolic grades that align with tightening environmental regulations and next-generation performance needs.

Drivers, Opportunities & Restraints

The demand for phenolic resins continues to be driven by system-level requirements in automotive lightweighting, aerospace safety, and advanced construction. When subjected to stress, these sectors require materials that provide inherent flame resistance, thermal stability, and mechanical strength. Phenolics meet these criteria and are increasingly utilized in brake linings, friction materials, insulating foams, laminates, and structural composites that must perform reliably in challenging environments. As original equipment manufacturers (OEMs) emphasize safety, regulatory compliance, and performance efficiency, phenolic resins are evolving from a cost-effective option to a standard design choice in essential applications.

The commercial potential exists in the downstream integration of phenolics into specialized solutions such as aerospace interior panels, lightweight auto components, electronic laminates, and insulation systems designed for energy-efficient buildings. Developments in modified and bio-based grades broaden their application in areas that prioritize low emissions, sustainability, and safety. Further value can be realized through tailored resin formulations, collaborative development with end users to achieve specific performance criteria, and localized production strategies that minimize supply chains and enhance cost-effectiveness.

The adoption of phenolic resins encounters obstacles due to processing demands and regulatory constraints. These resins necessitate specific curing processes, extended processing durations, and careful handling of formaldehyde-based materials. Fluctuating feedstock prices and stricter regulations regarding formaldehyde emissions increase costs and drive innovation towards low-emission and quicker-curing solutions. Until these newer variants achieve larger-scale production, some manufacturers might opt for epoxies, polyesters, or hybrid resins where acceptable performance trade-offs exist, thereby restricting the wider use of phenolic resins.

Global Phenolic Resins Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2025 to 2033. For this study, Grand View Research has segmented the phenolic resins market report based on product, application, and region:

• Product Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
• Novolac
• Resol
  • Liquid Resol Resin
  • Solid Resol Resin
• Others
• Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
• Wood adhesives
• Molding
  • Molding Compounds
  • Shell Molding
  • Coated Foundry Sand
• Insulations
• Laminates
• Paper impregnation
• Coatings
• Others
• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • GCC Countries
  • South Africa

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
• 1.2. Market Definition
• 1.3. Information Procurement
  • 1.3.1. Purchased Database
  • 1.3.2. GVR's Internal Database
  • 1.3.3. Secondary Applications & Third-Party Perspectives
  • 1.3.4. Primary Research
• 1.4. Information Analysis
  • 1.4.1. Data Analysis Models
• 1.5. Market Formulation & Data Visualization

Chapter 2. Executive Summary

• 2.1. Market Snapshot, 2022 (USD Million)
• 2.2. Segmental Outlook

Chapter 3. Market Variables, Trends, and Scope

• 3.1. Market Lineage Outlook
  • 3.1.1. Global Plastic Resins Market Lineage Outlook
• 3.2. Penetration & Growth Prospect Mapping
• 3.3. Industry Value Chain Analysis
  • 3.3.1. Raw Material Trends
• 3.4. Regulatory Framework
  • 3.4.1. Standard & Compliances
  • 3.4.2. Safety
• 3.5. Market Dynamics
  • 3.5.1. Market Driver Analysis
  • 3.5.2. Market Restraint Analysis
  • 3.5.3. Market Challenge Analysis
  • 3.5.4. Market Opportunity Analysis
• 3.6. Industry Analysis - Phenolic Resins Market
  • 3.6.1. Porter's Five Force Analysis
    • 3.6.1.1. Bargaining Power of Supplier
    • 3.6.1.2. Bargaining Power of Buyer
    • 3.6.1.3. Threat of Substitution
    • 3.6.1.4. Threat from New Entrant
    • 3.6.1.5. Competitive Rivalry
  • 3.6.2. PESTEL Analysis
    • 3.6.2.1. Political Analysis
    • 3.6.2.2. Environmental Analysis
    • 3.6.2.3. Social Analysis
    • 3.6.2.4. Technology Analysis
    • 3.6.2.5. Economic Analysis
    • 3.6.2.6. Legal Analysis
  • 3.6.3. Impact of COVID-19 on Phenolic Resins market
  • 3.6.4. Impact of Russia & Ukraine geopolitical implications on Phenolic Resins market

Chapter 4. Phenolic Resins Market: Product Estimates & Trend Analysis

• 4.1. Product movement analysis & market share, 2022 & 2030
• 4.2. Novolac
  • 4.2.1. Phenolic Resins market, estimate and forecasts, by Novolac, 2021 - 2033 (Kilotons) (USD Million)
• 4.3. Resol
  • 4.3.1. Phenolic Resins market, estimate and forecasts, by Resol, 2021 - 2033 (Kilotons) (USD Million)
    • 4.3.1.1. Phenolic Resins market, estimate and forecasts, by liquid resol resin, 2021 - 2033 (Kilotons) (USD Million)
    • 4.3.1.2. Phenolic Resins market, estimate and forecasts, by solid resol resin, 2021 - 2033 (Kilotons) (USD Million)
• 4.4. Others
  • 4.4.1. Phenolic Resins market, estimate and forecasts, by Others, 2021 - 2033 (Kilotons) (USD Million)

Chapter 5. Phenolic Resins Market: Application Estimates & Trend Analysis

• 5.1. Application movement analysis & market share, 2022 & 2030
• 5.2. Wood Adhesives
  • 5.2.1. Phenolic Resins market, estimate and forecasts, by Wood Adhesives, 2021 - 2033 (Kilotons) (USD Million)
• 5.3. Molding
  • 5.3.1. Phenolic Resins market, estimate and forecasts, by Molding, 2021 - 2033 (Kilotons) (USD Million)
    • 5.3.1.1. Phenolic Resins market, estimate and forecasts, by molding compounds, 2021 - 2033 (Kilotons) (USD Million)
    • 5.3.1.2. Phenolic Resins market, estimate and forecasts, by shell molding, 2021 - 2033 (Kilotons) (USD Million)
      • 5.3.1.2.1. Phenolic Resins market, estimate and forecasts, by coated foundry 2021 - 2033 (Kilotons) (USD Million)
• 5.4. Insulations
  • 5.4.1. Phenolic Resins market, estimate and forecasts, by Insulations, 2021 - 2033 (Kilotons) (USD Million)
• 5.5. Laminates
  • 5.5.1. Phenolic Resins market, estimate and forecasts, by Laminates, 2021 - 2033 (Kilotons) (USD Million)
• 5.6. Paper Impregnation
  • 5.6.1. Phenolic Resins market, estimate and forecasts, by Paper Impregnation, 2021 - 2033 (Kilotons) (USD Million)
• 5.7. Coatings
  • 5.7.1. Phenolic Resins market, estimate and forecasts, by Coatings, 2021 - 2033 (Kilotons) (USD Million)
• 5.8. Others
  • 5.8.1. Phenolic Resins market, estimate and forecasts, by Others, 2021 - 2033 (Kilotons) (USD Million)

Chapter 6. Phenolic Resins Market: Regional Estimates & Trend Analysis

• 6.1. Regional movement analysis & market share, 2024 and 2033
• 6.2. North America
  • 6.2.1. North America Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
  • 6.2.2. North America Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD Million)
  • 6.2.3. North America Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD Million)
  • 6.2.4. U.S.
    • 6.2.4.1. U.S. Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.2.4.2. U.S. Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.2.4.3. U.S. Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
  • 6.2.5. Canada
    • 6.2.5.1. Canada Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.2.5.2. Canada Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD Million)
    • 6.2.5.3. Canada Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD Million)
  • 6.2.6. Mexico
    • 6.2.6.1. Mexico Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.2.6.2. Mexico Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD Million)
    • 6.2.6.3. Mexico Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD Million)
• 6.3. Europe
  • 6.3.1. Europe Phenolic Resins market estimates and forecasts, 2021 - 2033 (USD million)
  • 6.3.2. Europe Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (USD Million)
  • 6.3.3. Europe Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD Million)
  • 6.3.4. Germany
    • 6.3.4.1. Germany Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.3.4.2. Germany Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.3.4.3. Germany Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
  • 6.3.5. UK
    • 6.3.5.1. UK Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.3.5.2. UK Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.3.5.3. UK Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
  • 6.3.6. France
    • 6.3.6.1. France Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.3.6.2. France Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.3.6.3. France Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
  • 6.3.7. Italy
    • 6.3.7.1. Italy Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.3.7.2. Italy Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.3.7.3. Italy Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
• 6.4. Asia Pacific
  • 6.4.1. Asia Pacific Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
  • 6.4.2. Asia Pacific Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
  • 6.4.3. Asia Pacific Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
  • 6.4.4. China
    • 6.4.4.1. China Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.4.4.2. China Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.4.4.3. China Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
  • 6.4.5. India
    • 6.4.5.1. India Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.4.5.2. India Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.4.5.3. India Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
  • 6.4.6. Japan
    • 6.4.6.1. Japan Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.4.6.2. Japan Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.4.6.3. Japan Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
• 6.5. Central & South America
  • 6.5.1. Central & South America Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
  • 6.5.2. Central & South America Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
  • 6.5.3. Central & South America Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
  • 6.5.4. Brazil
    • 6.5.4.1. Brazil Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.5.4.2. Brazil Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.5.4.3. Brazil Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
  • 6.5.5. Argentina
    • 6.5.5.1. Argentina Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.5.5.2. Argentina Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.5.5.3. Argentina Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
• 6.6. Middle East & Africa
  • 6.6.1. Middle East & Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
  • 6.6.2. Middle East & Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
  • 6.6.3. Middle East & Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
  • 6.6.4. GCC Countries
    • 6.6.4.1. GCC Countries Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.6.4.2. GCC Countries Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.6.4.3. GCC Countries Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)
  • 6.6.5. South Africa
    • 6.6.5.1. South Africa Phenolic Resins market estimates and forecasts, 2021 - 2033 (Kilotons) (USD million)
    • 6.6.5.2. South Africa Phenolic Resins market estimates and forecasts, by Product, 2021 - 2033 (Kilotons) (USD million)
    • 6.6.5.3. South Africa Phenolic Resins market estimates and forecasts, by Application, 2021 - 2033 (Kilotons) (USD million)

Chapter 7. Competitive Landscape

• 7.1. Recent developments & their impact analysis, by key market participants
• 7.2. Key companies/competition categorization
• 7.3. Vendor Landscape
  • 7.3.1. List of key Distributors and Channel Partners
  • 7.3.2. Key Potential Customers
• 7.4. Public & Private Companies
  • 7.4.1. Competitive Dashboard Analysis

Chapter 8. Company Profiles

• 8.1. DIC CORPORATION
  • 8.1.1. Company Overview
  • 8.1.2. Financial Performance
  • 8.1.3. Product Benchmarking
• 8.2. Kolon Industries, Inc.
• 8.3. Sumitomo Bakelite Co., Ltd.
• 8.4. Hexcel Corporation
• 8.5. Georgia-Pacific Chemicals
• 8.6. KRATON CORPORATION
• 8.7. Hexion
• 8.8. Bostik, Inc.
• 8.9. SI Group, Inc.