| Product Code: ETC4515362 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In 2024, the United States saw an increase in the concentration of phenolic panel imports, moving from low concentration in 2023 to moderate concentration. The top exporting countries to the US included Italy, China, Canada, Malaysia, and India. Despite a declining compound annual growth rate (CAGR) of -3.74% from 2020 to 2024, the year-on-year growth rate improved slightly from -3.74% in 2023 to -2.58% in 2024. This shift in concentration and the slight improvement in growth rate suggest a dynamic and evolving market for phenolic panels in the US.

The United States Phenolic Panel Market is experiencing steady growth driven by the increasing demand for sustainable and durable construction materials. Phenolic panels are widely used in commercial, residential, and industrial sectors due to their fire resistance, weather durability, and low maintenance requirements. The market is witnessing a shift towards eco-friendly construction practices, leading to a higher adoption of phenolic panels as they are recyclable and have a longer lifespan compared to traditional building materials. Key players in the US Phenolic Panel Market include Kingspan Group, Trespa International B.V., and Formica Corporation, among others. With the construction industry booming and a growing emphasis on energy efficiency and sustainability, the US Phenolic Panel Market is expected to continue its upward trajectory in the coming years.
The US Phenolic Panel Market is experiencing growth due to the increasing demand for sustainable and energy-efficient building materials. Phenolic panels offer excellent fire resistance, durability, and low maintenance requirements, making them popular for a wide range of applications in construction, including wall cladding, roofing, and flooring. A key trend in the market is the rising popularity of prefabricated phenolic panels, which help reduce construction time and labor costs. Additionally, with a focus on green building practices, there is a growing opportunity for phenolic panels made from recycled materials, further driving market growth. The market is also witnessing innovation in terms of design options and customization, catering to the diverse aesthetic preferences of customers in the architectural and construction industries.
In the US Phenolic Panel Market, some key challenges include strong competition from alternative materials such as aluminum composite panels and high-pressure laminates, which offer similar properties at potentially lower costs. Additionally, the fluctuation in raw material prices, such as phenolic resins and wood fibers, can impact the overall production costs and profitability of phenolic panel manufacturers. Regulatory requirements and environmental concerns related to the use and disposal of phenolic panels also pose challenges for companies operating in this market, as they need to ensure compliance with strict standards while maintaining cost-effectiveness. Moreover, the COVID-19 pandemic has disrupted supply chains and construction projects, leading to uncertainties in demand and project timelines, further adding to the challenges faced by players in the US Phenolic Panel Market.
The United States Phenolic Panel Market is primarily driven by the construction industry`s increasing focus on sustainable and energy-efficient building materials. Phenolic panels offer high durability, fire resistance, and thermal insulation properties, making them a popular choice for both residential and commercial construction projects. The growing trend towards green building practices and stringent regulations regarding energy efficiency and fire safety further propels the demand for phenolic panels in the US market. Additionally, the rising awareness among consumers about the benefits of using environmentally-friendly materials drives the adoption of phenolic panels as a sustainable alternative to traditional construction materials. Overall, the demand for phenolic panels in the US is expected to continue growing due to these key drivers.
The US government has implemented various policies that impact the Phenolic Panel Market. These include regulations related to environmental sustainability, such as the promotion of eco-friendly materials and energy-efficient buildings through initiatives like LEED certification. Additionally, trade policies and tariffs on imported goods can influence the competitiveness of domestic phenolic panel manufacturers. Government funding for infrastructure development projects also plays a role in driving demand for phenolic panels in construction and transportation sectors. Overall, government policies in the US aim to support the growth of the phenolic panel market while addressing concerns related to sustainability, market competition, and economic development.
The United States Phenolic Panel Market is poised for steady growth in the upcoming years, driven by increasing demand for high-performance building materials in the construction industry. Phenolic panels are known for their durability, fire resistance, and energy efficiency, making them a popular choice for commercial and residential projects. The market is expected to benefit from the growing emphasis on sustainable construction practices and the need for eco-friendly building materials. Additionally, technological advancements in manufacturing processes and the introduction of innovative product designs are likely to further fuel market growth. With a strong focus on energy efficiency and environmental sustainability, the US Phenolic Panel Market is anticipated to expand significantly in the foreseeable future.
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 States (US) Phenolic Panel Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Phenolic Panel Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Phenolic Panel Market - Industry Life Cycle |
3.4 United States (US) Phenolic Panel Market - Porter's Five Forces |
3.5 United States (US) Phenolic Panel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Phenolic Panel Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.7 United States (US) Phenolic Panel Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 United States (US) Phenolic Panel Market Revenues & Volume Share, By Class, 2021 & 2031F |
4 United States (US) Phenolic Panel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly construction materials |
4.2.2 Increasing emphasis on energy efficiency and green building practices |
4.2.3 Rise in construction activities and infrastructure development projects |
4.3 Market Restraints |
4.3.1 High initial cost of phenolic panels compared to traditional building materials |
4.3.2 Limited awareness and adoption of phenolic panels in the construction industry |
4.3.3 Challenges related to installation complexity and technical expertise required |
5 United States (US) Phenolic Panel Market Trends |
6 United States (US) Phenolic Panel Market, By Types |
6.1 United States (US) Phenolic Panel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Phenolic Panel Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 United States (US) Phenolic Panel Market Revenues & Volume, By Sandwich, 2021 - 2031F |
6.1.4 United States (US) Phenolic Panel Market Revenues & Volume, By Plain, 2021 - 2031F |
6.2 United States (US) Phenolic Panel Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Phenolic Panel Market Revenues & Volume, By Construction, 2021 - 2031F |
6.2.3 United States (US) Phenolic Panel Market Revenues & Volume, By Marine, 2021 - 2031F |
6.2.4 United States (US) Phenolic Panel Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.2.5 United States (US) Phenolic Panel Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.3 United States (US) Phenolic Panel Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Phenolic Panel Market Revenues & Volume, By Interior, 2021 - 2031F |
6.3.3 United States (US) Phenolic Panel Market Revenues & Volume, By Exterior, 2021 - 2031F |
6.3.4 United States (US) Phenolic Panel Market Revenues & Volume, By Furniture, 2021 - 2031F |
6.3.5 United States (US) Phenolic Panel Market Revenues & Volume, By Air Conditioning Duct Panel, 2021 - 2031F |
6.4 United States (US) Phenolic Panel Market, By Class |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Phenolic Panel Market Revenues & Volume, By Class A, 2021 - 2031F |
6.4.3 United States (US) Phenolic Panel Market Revenues & Volume, By Class B, 2021 - 2031F |
6.4.4 United States (US) Phenolic Panel Market Revenues & Volume, By Others, 2021 - 2031F |
7 United States (US) Phenolic Panel Market Import-Export Trade Statistics |
7.1 United States (US) Phenolic Panel Market Export to Major Countries |
7.2 United States (US) Phenolic Panel Market Imports from Major Countries |
8 United States (US) Phenolic Panel Market Key Performance Indicators |
8.1 Number of green building certifications achieved using phenolic panels |
8.2 Percentage of construction projects incorporating phenolic panels in the design |
8.3 Growth rate of phenolic panel manufacturers and suppliers in the US market |
9 United States (US) Phenolic Panel Market - Opportunity Assessment |
9.1 United States (US) Phenolic Panel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Phenolic Panel Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.3 United States (US) Phenolic Panel Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 United States (US) Phenolic Panel Market Opportunity Assessment, By Class, 2021 & 2031F |
10 United States (US) Phenolic Panel Market - Competitive Landscape |
10.1 United States (US) Phenolic Panel Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Phenolic Panel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |