Product Code: ETC081839 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates Phenolic Resins Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 0.01% in 2025, the market peaks at 0.02% in 2028, and settles at 0.01% by 2029.
The United Arab Emirates (UAE) Phenolic Resins market has witnessed substantial growth in recent years. Phenolic resins are versatile synthetic polymers used in various industries, including automotive, construction, electronics, and consumer goods, owing to their excellent mechanical and thermal properties. The increasing demand for phenolic resins in the UAE can be attributed to the growing construction and manufacturing sectors, which rely on these resins for applications such as adhesives, laminates, and coatings.
Several factors have contributed to the growth of the UAE Phenolic Resins market. Firstly, the expanding construction and infrastructure development projects in the region have bolstered the demand for phenolic resins as adhesives and binders. Secondly, the rising awareness about the benefits of using phenolic resins in manufacturing lightweight and fuel-efficient automotive components has stimulated demand in the automotive industry. Additionally, the increasing consumption of electrical appliances and electronic devices has led to a surge in demand for phenolic resins in the electronics sector.
Despite its promising growth, the UAE Phenolic Resins market faces certain challenges. One major challenge is the fluctuation in raw material prices, which can impact the overall production costs and profit margins for manufacturers. Moreover, the need for compliance with stringent environmental regulations and sustainability standards poses challenges to the industry. Companies are required to invest in research and development to develop eco-friendly and bio-based phenolic resins, adding to their operational costs.
The Covid-19 pandemic has had a mixed impact on the UAE Phenolic Resins market. While the construction and automotive sectors experienced temporary setbacks due to lockdowns and supply chain disruptions, the increased demand for consumer electronics and medical equipment during the pandemic provided a partial offset. The market also witnessed a shift in demand from traditional phenolic resins to antimicrobial variants used in medical equipment and protective gear.
In the UAE Phenolic Resins market, several key players have emerged as major contributors. Companies such as Petrochemical Conversion Company (PCC), Royal Adhesives & Sealants, and Dubai Euro Group have a significant market presence and play a crucial role in the production and distribution of phenolic resins in the region. These key players have demonstrated their commitment to innovation, product development, and customer service, further strengthening the growth and competitiveness of the UAE Phenolic Resins market.
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 United Arab Emirates (UAE) Phenolic Resins Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Phenolic Resins Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Phenolic Resins Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Arab Emirates (UAE) Phenolic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Phenolic Resins Market Trends |
6 United Arab Emirates (UAE) Phenolic Resins Market, By Types |
6.1 United Arab Emirates (UAE) Phenolic Resins Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume, By Novolac, 2018 - 2031F |
6.1.4 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume, By Resol, 2018 - 2031F |
6.1.5 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 United Arab Emirates (UAE) Phenolic Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume, By Wood Adhesives, 2018 - 2031F |
6.2.3 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume, By Molding, 2018 - 2031F |
6.2.4 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume, By Insulation, 2018 - 2031F |
6.2.5 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume, By Laminates, 2018 - 2031F |
6.2.6 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume, By Paper Impregnation, 2018 - 2031F |
6.2.7 United Arab Emirates (UAE) Phenolic Resins Market Revenues & Volume, By Coatings, 2018 - 2031F |
7 United Arab Emirates (UAE) Phenolic Resins Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Phenolic Resins Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Phenolic Resins Market Imports from Major Countries |
8 United Arab Emirates (UAE) Phenolic Resins Market Key Performance Indicators |
9 United Arab Emirates (UAE) Phenolic Resins Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Phenolic Resins Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Phenolic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Arab Emirates (UAE) Phenolic Resins Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Phenolic Resins Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Phenolic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |