Middle East Phenolic Resins Market (2021-2027) | Forecast, Industry, Value, Companies, Analysis, Size, Trends, Outlook, Growth, Share, COVID-19 IMPACT & Revenue

Middle East Phenolic Resins Market is anticipated to gain growth in the coming future. Phenolic resin is a synthetic polymer obtained by the reaction of phenol or by substituting phenol with formaldehyde The major factors driving the market studied are the strong growth of the construction industry in Middle East region, and the rising demand for electrical and electronic devices. Additionally, growing transportation business across the globe will drive the rubber processing industry growth which will in turn, accelerates phenolic resins market. One of the risks faced by the phenolic resin market in today’s scenario is fluctuation in the price of raw materials. Recently we have seen SUEZ canal blockage, this is also a type of restraint as four regions Asia, Europe, Middle East and Africa are connected through the Suez Canal route. Additionally, Trade War and sanctions imposed by one country to others are the restraint to market. The outbreak of COVID-19 has affected the phenolic resin market as automotive industry, construction industry is severely affected. Additionally, the oil and gas sector were affected due to the temporary lockdown in almost all countries. The consumer electronics, furniture industries are also affected due to difficulties in continued operations due to shortages of workforces as workers are migrated to their home.

According to 6Wresearch, Middle East Phenolic Resins Market size is anticipated to register growth during 2021-2027. Key countries in Middle East are Saudi Arabia, UAE, Qatar, Kuwait and Turkey. Saudi Arabia is among the leading producers of paints and coatings in the Middle East region. The composites manufacturing in the region is rising, especially in UAE, due to the development of aerospace manufacturing in the country. Middle East construction industry is driven by factors such as higher market demands due to demographics, stronger support by the state and moderate increase in oil prices. Rapidly growing electrical and electronics industry increases novolac demand. Some of the Key Players are NAMA Chemicals, Olin Corporation, Hexion, Huntsman Corporation LLC. The Saudi Arabian government has announced its largest financial budget ever, to support the country’s expansion as part of its Vision 2030 program to increase manufacturing capacity.

The phenolic resin market is segmented based on product type, application and end-user industry. Additionally, manufacturers in the Middle East region are using bio-based fuel for production of phenolic resin, which attracts the market. Additionally, an increased growth prospective in the construction industry is anticipated to assist the phenolic resin market to gain massive position in the market in the coming future. Automotive industry is likely to grow faster as Electric vehicle are replacing conventional vehicles.

The Middle East phenolic resin market report thoroughly covers the market by types, applications, end user industry and countries including Saudi Arabia, UAE, Qatar, Kuwait Turkey and others, among key countries. The Middle East phenolic resin market outlook report provides an unbiased and detailed analysis of the on-going Middle East 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.

Key Highlights of the Report:

• Middle East Phenolic Resins Market Outlook
• Market Size of Middle East Phenolic Resins Market, 2020
• Forecast of Middle East Phenolic Resins Market, 2027
• Historical Data and Forecast of Middle East Phenolic Resins Revenues & Volume for the Period 2017 - 2027
• Middle East Phenolic Resins Market Trend Evolution
• Middle East Phenolic Resins Market Drivers and Challenges
• Middle East Phenolic Resins Price Trends
• Middle East Phenolic Resins Porter's Five Forces
• Middle East Phenolic Resins Industry Life Cycle
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Novolac for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Resol for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Novolac for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Resol for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Novolac for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Resol for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Novolac for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Resol for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Novolac for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Resol for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Novolac for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Resol for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Novolac for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Resol for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Novolac for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Resol for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Product for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Novolac for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Resol for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Wood Adhesives for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Molding for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Insulation for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Laminates for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Paper Impregnation for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Coatings for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Wood Adhesives for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Molding for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Insulation for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Laminates for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Paper Impregnation for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Coatings for the Period 2017 - 2027
• Historical Data and Forecast of Saudi Arabia Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Wood Adhesives for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Molding for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Insulation for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Laminates for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Paper Impregnation for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Coatings for the Period 2017 - 2027
• Historical Data and Forecast of UAE Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Wood Adhesives for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Molding for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Insulation for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Laminates for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Paper Impregnation for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Coatings for the Period 2017 - 2027
• Historical Data and Forecast of Qatar Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Wood Adhesives for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Molding for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Insulation for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Laminates for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Paper Impregnation for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Coatings for the Period 2017 - 2027
• Historical Data and Forecast of Kuwait Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Wood Adhesives for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Molding for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Insulation for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Laminates for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Paper Impregnation for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Coatings for the Period 2017 - 2027
• Historical Data and Forecast of Oman Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Wood Adhesives for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Molding for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Insulation for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Laminates for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Paper Impregnation for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Coatings for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Wood Adhesives for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Molding for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Insulation for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Laminates for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Paper Impregnation for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Coatings for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Wood Adhesives for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Molding for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Insulation for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Laminates for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Paper Impregnation for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Coatings for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Middle East Phenolic Resins Market Revenues & Volume By Others for the Period 2017 - 2027
• Middle East Phenolic Resins Market - Key Performance Indicators
• Middle East Phenolic Resins Market - Import Export Trade Statistics
• Middle East Phenolic Resins Market - Opportunity Assessment By Countries
• Middle East Phenolic Resins Market - Opportunity Assessment By Product
• Middle East Phenolic Resins Market - Opportunity Assessment By Application
• Middle East Phenolic Resins Market - Top Companies Market Share
• Middle East Phenolic Resins Market - Top Companies Profiles
• Middle East Phenolic Resins Market - Comparison of Players in Technical and Operating Parameters
• Middle East Phenolic Resins Market - Strategic Recommendations

Markets Covered

The market report covers the following segments:

• By Type
  • Novolac
  • Resol
  • Others

• By Application
  • Wood Adhesives
  • Moulding
  • Insulation
  • Laminates
  • Paper Impregnation
  • Coatings
  • Others

• By Countries
  • UAE
  • Saudi Arabia
  • Turkey
  • Kuwait
  • Oman
  • Bahrain
  • Qatar
  • Rest of Middle East

Frequently Asked Questions About the Market Study (FAQs):