Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Product (Novolac, Resol, Others), By Application (Wood Adhesives, Molding, Insulation, Laminates, Paper Impregnation, Coatings, Others) And Competitive Landscape
Product Code: ETC079508 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America Phenolic Resins Market is anticipated to gain growth in the coming time zone. The driving factors are rise in demand for rubber and friction materials which is lightweight makes overall weight of vehicle less, domestic manufacturing of wall panels, cabinets and furniture is witnessing growth in the residential housing wood products, industrial and decorative laminations for construction industry. One of the risks faced by the phenolic resin market in today’s scenario is fluctuation in the price of raw materials. The outbreak of COVID-19 has affected the phenolic resin market as automotive industry, construction industry is severely affected.
According to 6Wresearch, Latin America Phenolic Resins market size is anticipated to register growth during 2021-2027. Key countries in Latin America are Mexico, Brazil, Argentina and others. Mexico is dominating the Latin America phenolic resin market due to the substitution of metallic materials by phenolic resin materials is a growing trend in Mexico. Due to rapid urbanization, growing consumer disposable income, expanding end-use industries, and the increasing rate of digitalization makes Brazil a lucrative market. Rest of Latin America consist of Argentina, Chile, Peru, Ecuador, Venezuela, Uruguay, Panama and remaining Latin American countries.
Some of the key players are Si Group Crios Resinas SA, Craft multimodal, Bostik SA, Resibras Industries De Castanhans, Ancora Logistics SA De Cv, Hemiplastica S.A. De C.V., Chemiplastica S.A. De C.V., Resirene S.A. De C.V., Plenco de Mexic and others.
The phenolic resin market is segmented based on product type, application and end-user industry. By product type, the market is segmented into novolac and resol. By application, the market is segmented into molding, adhesive, insulation, and other applications. By end-user industry, the market is segmented into automotive and transportation, consumer electronics, building and construction, oil and gas, furniture, and other end-user industries. Additionally, manufacturers in the Latin America region are using bio-based fuel for production of phenolic resin, which attracts the market. The demand for phenolic resin in the wood adhesives application is primarily due to the growing construction industry. Automotive industry is likely to grow faster as Electric vehicle are replacing conventional vehicles.
The Latin America phenolic resin market report thoroughly covers the market by types, applications, end user industry and countries including Mexico, Brazil, Argentina and others, among key countries. The Latin America phenolic resin market outlook report provides an unbiased and detailed analysis of the on-going Latin America phenolic resin market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following segments:
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 Latin America Phenolic Resins Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Phenolic Resins Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Phenolic Resins Market - Industry Life Cycle |
3.4 Latin America Phenolic Resins Market - Porter's Five Forces |
3.5 Latin America Phenolic Resins Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Phenolic Resins Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.7 Latin America Phenolic Resins Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Latin America Phenolic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Phenolic Resins Market Trends |
6 Latin America Phenolic Resins Market, 2017 - 2027 |
6.1 Latin America Phenolic Resins Market, Revenues & Volume, By Product, 2017 - 2027 |
6.2 Latin America Phenolic Resins Market, Revenues & Volume, By Application, 2017 - 2027 |
7 Brazil Phenolic Resins Market, 2017 - 2027 |
7.1 Brazil Phenolic Resins Market, Revenues & Volume, By Product, 2017 - 2027 |
7.2 Brazil Phenolic Resins Market, Revenues & Volume, By Application, 2017 - 2027 |
8 Mexico Phenolic Resins Market, 2017 - 2027 |
8.1 Mexico Phenolic Resins Market, Revenues & Volume, By Product, 2017 - 2027 |
8.2 Mexico Phenolic Resins Market, Revenues & Volume, By Application, 2017 - 2027 |
9 Argentina Phenolic Resins Market, 2017 - 2027 |
9.1 Argentina Phenolic Resins Market, Revenues & Volume, By Product, 2017 - 2027 |
9.2 Argentina Phenolic Resins Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Rest of Latin America Phenolic Resins Market, 2017 - 2027 |
10.1 Rest of Latin America Phenolic Resins Market, Revenues & Volume, By Product, 2017 - 2027 |
10.2 Rest of Latin America Phenolic Resins Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Latin America Phenolic Resins Market Key Performance Indicators |
12 Latin America Phenolic Resins Market - Opportunity Assessment |
12.1 Latin America Phenolic Resins Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Phenolic Resins Market Opportunity Assessment, By Product, 2020 & 2027F |
12.3 Latin America Phenolic Resins Market Opportunity Assessment, By Application, 2020 & 2027F |
13 Latin America Phenolic Resins Market - Competitive Landscape |
13.1 Latin America Phenolic Resins Market Revenue Share, By Companies, 2020 |
13.2 Latin America Phenolic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |