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Global Phenolic Resins Market 2015-2019: Key Vendors are BASF SE, Momentive Performance Materials, SI Group and Sumitomo BakeliteDUBLIN, Jan. 29, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/kms5l2/global_phenolic) has announced the addition of the "Global Phenolic Resins Market 2015-2019" report to their offering. Phenolic resins are synthetic polymers formed by the reaction of phenol and formaldehyde. Phenolic resins have unique physical and chemical properties including high mechanical strength, temperature stability, flame resistance, water and chemical stability, low toxicity, and an excellent performance profile. Owing to their unique properties phenolic resins are used in a wide array of applications ranging from construction materials to high-end technology applications in the Electronics and Aerospace industries. Technological advancements and the incorporation of nanotechnology into the production of phenolic resins enlarge the scope and areas of application of phenolic resins. This advancement improves the functionality and the performance standards of phenolic resins, making them more efficient and temperature tolerant. This enhances the scope of phenolic resins, making them viable for use in a variety of end-use applications. According to the report, the global demand for phenolic resins is expected to rise because of the growing demand from the automotive sector. The steady growth in the Global Automotive market is a major driver for the growing demand. The changing consumer preferences and the growing demand for fuel-efficient, lightweight, and high-performance automobiles are the factors that are fueling the adoption of phenolic resins by the automotive sector. Further, the report states that one of the major challenges faced by the market is the fluctuation in crude oil prices. Phenolic resin products closely follow the pricing pattern of crude oil, as crude oil is a major component in the making of phenolic resins and the volatility in the pricing of crude oil can hurt the profit margins of the market players. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Global Phenolic Resins Market 08. Market Segmentation by Application 09. Market Segmentation by Product 10. Market Segmentation by End-use 11. Geographical Segmentation 12. Key Leading Countries 13. Buying Criteria 14. Market Growth Drivers 15. Drivers and their Impact 16. Market Challenges 17. Impact of Drivers and Challenges 18. Market Trends 19. Trends and their Impact 20. Vendor Landscape 21. Key Vendor Analysis 22. Other Reports in this Series Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/kms5l2/global_phenolic Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-phenolic-resins-market-2015-2019-key-vendors-are-basf-se-momentive-performance-materials-si-group-and-sumitomo-bakelite-300028398.html SOURCE Research and Markets |