Phenolic Resin Market Regional Analysis:
APAC Market Statistics
The phenolic resin market share of phenolic resin in Asia Pacific is projected to have the highest growth by 2035. This gain is led by growing investment in electric vehicles. This increases investments to install phenolic resin. Additionally, electric vehicles need lightweight components, and hence phenolic resin satisfies that. China is known to be leading in manufacturing phenolic resin and the consumption of electric vehicles is the highest in this country, making them the largest consumer.
North America Market Forecast
The North America phenolic resin market is poised to have significant growth in the coming years. The growth of market in this region is expected to grow on account of the increasing demand for residential and commercial spaces.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of phenolic resin is estimated at USD 16.33 billion.
The global phenolic resin market size was more than USD 15.61 billion in 2025 and is anticipated to witness a CAGR of around 5.1%, crossing USD 25.67 billion revenue by 2035.
Asia Pacific phenolic resin market will hold over 30.9% share by 2035, driven by growing investment in electric vehicles requiring lightweight phenolic resin.
Key players in the market include Arclin Inc.Arizona Chemical LtdAsahi Kasei CorporationAshland Inc.BASF SEChangchun groupDIC CorporationDYNEA ASGeorgia Pacific LLCGUN EI Chemical Industry.
