Product Code: ETC4679335 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Angola Phenolic Resins Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 16.83% in 2026, following an initial rate of 16.08%, before easing to 16.81% at the end of the period.
In the Africa region, the Phenolic Resins market in Angola is projected to expand at a exponential growth rate of 16.41% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.
The phenolic resins market in Angola is witnessing growth with construction materials, automotive components, and electrical applications. Phenolic resins provide thermal stability, fire resistance, and mechanical strength for building materials, automotive parts, and electrical components in Angolan construction, automotive manufacturing, and electronics sectors. Market expansion is driven by infrastructure projects, industrial applications, and demand for durable materials supporting product performance and market opportunities in Angola`s resin industry.
Phenolic resins are used in Angola for applications in laminates, coatings, and molded products in automotive, construction, and electronics industries. Market growth is fueled by industrial applications and performance advantages in high-temperature environments.
The phenolic resins market in Angola faces several challenges, primarily stemming from the high production costs associated with raw materials. Limited domestic manufacturing capabilities mean that much of the phenolic resin used is imported, leading to supply chain vulnerabilities. Additionally, regulatory hurdles and environmental concerns surrounding chemical manufacturing complicate market growth and sustainability efforts.
Policies to support chemical manufacturing include subsidies for phenolic resins production. The government promotes the use of phenolic resins in various industries through incentives for manufacturers and regulatory frameworks for product quality.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Angola Phenolic Resins Market Overview |
3.1 Angola Country Macro Economic Indicators |
3.2 Angola Phenolic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Angola Phenolic Resins Market - Industry Life Cycle |
3.4 Angola Phenolic Resins Market - Porter's Five Forces |
3.5 Angola Phenolic Resins Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Angola Phenolic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Angola Phenolic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Angola Phenolic Resins Market Trends |
6 Angola Phenolic Resins Market Segmentations |
6.1 Angola Phenolic Resins Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Angola Phenolic Resins Market Revenues & Volume, By Novolac, 2021-2031F |
6.1.3 Angola Phenolic Resins Market Revenues & Volume, By Resol, 2021-2031F |
6.1.4 Angola Phenolic Resins Market Revenues & Volume, By Others, 2021-2031F |
6.2 Angola Phenolic Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Angola Phenolic Resins Market Revenues & Volume, By Wood Adhesives, 2021-2031F |
6.2.3 Angola Phenolic Resins Market Revenues & Volume, By Molding, 2021-2031F |
6.2.4 Angola Phenolic Resins Market Revenues & Volume, By Insulation, 2021-2031F |
6.2.5 Angola Phenolic Resins Market Revenues & Volume, By Laminates, 2021-2031F |
6.2.6 Angola Phenolic Resins Market Revenues & Volume, By Paper Impregnation, 2021-2031F |
6.2.7 Angola Phenolic Resins Market Revenues & Volume, By Coatings, 2021-2031F |
7 Angola Phenolic Resins Market Import-Export Trade Statistics |
7.1 Angola Phenolic Resins Market Export to Major Countries |
7.2 Angola Phenolic Resins Market Imports from Major Countries |
8 Angola Phenolic Resins Market Key Performance Indicators |
9 Angola Phenolic Resins Market - Opportunity Assessment |
9.1 Angola Phenolic Resins Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Angola Phenolic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Angola Phenolic Resins Market - Competitive Landscape |
10.1 Angola Phenolic Resins Market Revenue Share, By Companies, 2024 |
10.2 Angola Phenolic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |