Market Forecast By Product (Novolac, Resol, Others), By Application (Wood Adhesives, Molding, Insulation, Laminates, Paper Impregnation, Coatings, Others) And Competitive Landscape
Product Code: ETC081804 | Publication Date: Jun 2023 | Updated Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Argentina Phenolic Resins Market registered a decline of -1.73% in value shipments in 2022 as compared to 2021 and an increase of 2.55% CAGR in 2022 over a period of 2017. In Phenolic Resins Market Argentina is becoming more competitive as the HHI index in 2022 was 2819 while in 2017 it was 3195. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Argentina has reportedly relied more on imports to meet its growing demand in Phenolic Resins Market. India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Phenolic Resins Market in 2022 was 3.94 while in 2017 it was 3.6. Brazil, Chile, Germany, China and USA were among the top players of the market in 2022, where Brazil acquired the largest market share of 50.25% with a shipment value of 9.19 million USD in 2022 Brazil also offered the product below the average market price thus having a competitive advantage over others In 2017 Brazil had the largest market share of 53.25% with the shipment value of 8.52 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As Brazil price is lower than the average price, it provided a significant edge among other competitor in 2017.
"The Argentina phenolic resins market is a rapidly growing market that is increasingly gaining attention from various industries. Phenolic resins are synthetic polymers that are produced by the reaction of phenol with formaldehyde. These resins are widely used in the production of various industrial products, such as adhesives, coatings, laminates, and moulding compounds, among others.
The Argentina phenolic resins market is currently experiencing a surge in demand due to the increasing use of phenolic resins in various end-use industries, such as automotive, construction, electrical and electronics, and aerospace, among others. These industries require high-performance materials that can withstand extreme conditions, and phenolic resins are known for their exceptional mechanical, thermal, and chemical properties.
The Argentina phenolic resins market is also driven by the growing demand for eco-friendly and sustainable products. Phenolic resins are known for their excellent fire-retardant properties, which make them an ideal choice for various applications in the construction and automotive industries. Additionally, the use of phenolic resins in the production of composite materials is gaining popularity due to their lightweight and durable nature, which makes them an excellent alternative to traditional materials such as metal and wood.
Overall, the Argentina phenolic resins market is a promising market that is expected to grow significantly in the coming years. With the increasing demand for high-performance materials and eco-friendly products, the market is poised for growth, and manufacturers are expected to invest heavily in research and development to develop new and innovative products that meet the evolving needs of the end-users."
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 Argentina Phenolic Resins Market Overview |
3.1 Argentina Country Macro Economic Indicators |
3.2 Argentina Phenolic Resins Market Revenues & Volume, 2020 & 2027F |
3.3 Argentina Phenolic Resins Market - Industry Life Cycle |
3.4 Argentina Phenolic Resins Market - Porter's Five Forces |
3.5 Argentina Phenolic Resins Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.6 Argentina Phenolic Resins Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Argentina Phenolic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Argentina Phenolic Resins Market Trends |
6 Argentina Phenolic Resins Market, By Types |
6.1 Argentina Phenolic Resins Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Argentina Phenolic Resins Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 Argentina Phenolic Resins Market Revenues & Volume, By Novolac, 2018 - 2027F |
6.1.4 Argentina Phenolic Resins Market Revenues & Volume, By Resol, 2018 - 2027F |
6.1.5 Argentina Phenolic Resins Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 Argentina Phenolic Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Argentina Phenolic Resins Market Revenues & Volume, By Wood Adhesives, 2018 - 2027F |
6.2.3 Argentina Phenolic Resins Market Revenues & Volume, By Molding, 2018 - 2027F |
6.2.4 Argentina Phenolic Resins Market Revenues & Volume, By Insulation, 2018 - 2027F |
6.2.5 Argentina Phenolic Resins Market Revenues & Volume, By Laminates, 2018 - 2027F |
6.2.6 Argentina Phenolic Resins Market Revenues & Volume, By Paper Impregnation, 2018 - 2027F |
6.2.7 Argentina Phenolic Resins Market Revenues & Volume, By Coatings, 2018 - 2027F |
7 Argentina Phenolic Resins Market Import-Export Trade Statistics |
7.1 Argentina Phenolic Resins Market Export to Major Countries |
7.2 Argentina Phenolic Resins Market Imports from Major Countries |
8 Argentina Phenolic Resins Market Key Performance Indicators |
9 Argentina Phenolic Resins Market - Opportunity Assessment |
9.1 Argentina Phenolic Resins Market Opportunity Assessment, By Product, 2020 & 2027F |
9.2 Argentina Phenolic Resins Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Argentina Phenolic Resins Market - Competitive Landscape |
10.1 Argentina Phenolic Resins Market Revenue Share, By Companies, 2020 |
10.2 Argentina Phenolic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |