| Product Code: ETC081822 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The South Korea Phenolic Resins Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 2.41% in 2025 and reaches 2.91% by 2029.

Phenolic resins in South Korea cater to diverse industries such as automotive, construction, and electronics. The market is influenced by demand for lightweight materials and stringent environmental regulations.
The phenolic resins market in South Korea is driven by the growing automotive and construction industries, which require durable and heat-resistant materials for various applications. Increasing investments in infrastructure projects and the trend towards lightweight and fuel-efficient vehicles are boosting the demand for phenolic resins. Innovations in resin formulations and expanding applications in electronics further contribute to market expansion.
The phenolic resins market in South Korea encounters challenges related to fluctuating raw material costs and environmental regulations governing formaldehyde emissions. Balancing cost-effectiveness with sustainability requirements while meeting diverse industrial application demands remains a significant hurdle for market players.
Government policies in South Korea focus on environmental sustainability and industrial safety standards for phenolic resin production and usage. Regulations aim to reduce emissions of volatile organic compounds (VOCs) and promote the use of eco-friendly raw materials.
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 South Korea Phenolic Resins Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Phenolic Resins Market Revenues & Volume, 2020 & 2027F |
3.3 South Korea Phenolic Resins Market - Industry Life Cycle |
3.4 South Korea Phenolic Resins Market - Porter's Five Forces |
3.5 South Korea Phenolic Resins Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.6 South Korea Phenolic Resins Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 South Korea Phenolic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for phenolic resins in the automotive industry for applications such as brake pads, friction materials, and interior components. |
4.2.2 Growth in the construction sector leading to higher demand for phenolic resins in insulation materials, adhesives, and laminates. |
4.2.3 Favorable government regulations promoting the use of phenolic resins due to their fire-retardant properties. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of phenolic resins. |
4.3.2 Environmental concerns related to the formaldehyde emissions during the production and application of phenolic resins. |
5 South Korea Phenolic Resins Market Trends |
6 South Korea Phenolic Resins Market, By Types |
6.1 South Korea Phenolic Resins Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 South Korea Phenolic Resins Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 South Korea Phenolic Resins Market Revenues & Volume, By Novolac, 2018 - 2027F |
6.1.4 South Korea Phenolic Resins Market Revenues & Volume, By Resol, 2018 - 2027F |
6.1.5 South Korea Phenolic Resins Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 South Korea Phenolic Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Phenolic Resins Market Revenues & Volume, By Wood Adhesives, 2018 - 2027F |
6.2.3 South Korea Phenolic Resins Market Revenues & Volume, By Molding, 2018 - 2027F |
6.2.4 South Korea Phenolic Resins Market Revenues & Volume, By Insulation, 2018 - 2027F |
6.2.5 South Korea Phenolic Resins Market Revenues & Volume, By Laminates, 2018 - 2027F |
6.2.6 South Korea Phenolic Resins Market Revenues & Volume, By Paper Impregnation, 2018 - 2027F |
6.2.7 South Korea Phenolic Resins Market Revenues & Volume, By Coatings, 2018 - 2027F |
7 South Korea Phenolic Resins Market Import-Export Trade Statistics |
7.1 South Korea Phenolic Resins Market Export to Major Countries |
7.2 South Korea Phenolic Resins Market Imports from Major Countries |
8 South Korea Phenolic Resins Market Key Performance Indicators |
8.1 Research and development investment in eco-friendly phenolic resin formulations. |
8.2 Adoption rate of phenolic resins in new applications and industries. |
8.3 Percentage of manufacturers using sustainable sourcing practices for raw materials. |
9 South Korea Phenolic Resins Market - Opportunity Assessment |
9.1 South Korea Phenolic Resins Market Opportunity Assessment, By Product, 2020 & 2027F |
9.2 South Korea Phenolic Resins Market Opportunity Assessment, By Application, 2020 & 2027F |
10 South Korea Phenolic Resins Market - Competitive Landscape |
10.1 South Korea Phenolic Resins Market Revenue Share, By Companies, 2020 |
10.2 South Korea Phenolic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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