China Phenolic Resins Market Size & Outlook, 2025-2033
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China phenolic resins market highlights
- The China phenolic resins market generated a revenue of USD 1,391.6 million in 2024 and is expected to reach USD 2,442.9 million by 2033.
- The China market is expected to grow at a CAGR of 6.5% from 2025 to 2033.
- In terms of segment, others application was the largest revenue generating product in 2024.
- Molding is the most lucrative product segment registering the fastest growth during the forecast period.
Phenolic resins market data book summary
| Market revenue in 2024 | USD 1,391.6 million |
| Market revenue in 2033 | USD 2,442.9 million |
| Growth rate | 6.5% (CAGR from 2025 to 2033) |
| Largest segment | Others application |
| Fastest growing segment | Molding |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Molding, Paper Impregnation, Wood Adhesives, Coatings, Insulations, Laminates, Others Application |
| Key market players worldwide | DIC Corp, Kolon Industries, Sumitomo Corp, Hexcel Corp, Georgia-Pacific, Kraton Performance Polymers, Momentive, Arkema SA, Silvergate Capital Corp Class A |
Other key industry trends
- In terms of revenue, China accounted for 9.2% of the global phenolic resins market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China phenolic resins market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,442.9 million by 2033.
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Phenolic Resins Market Scope
Phenolic Resins Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Silvergate Capital Corp Class A | View profile | 404 | 4250 Executive Square, Suite 300, La Jolla, CA, United States, 92037 | https://www.silvergatebank.com |
| DIC Corp | View profile | 22255 | DIC Building, 7-20, Nihonbashi 3-chome, Chuo-ku, Tokyo, Japan, 103-8233 | http://www.dic-global.com/en/index.html |
| Kraton Performance Polymers | View profile | 501-1000 | Houston, Texas, United States, North America | http://www.kraton.com/ |
| Georgia-Pacific | View profile | 10001+ | Atlanta, Georgia, United States, North America | http://www.gp.com/aboutus/companyoverview/index.html |
| Kolon Industries | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.kolonindustries.com/ |
| Momentive | View profile | 5001-10000 | Schenectady, New York, United States, North America | https://www.momentive.com/ |
| Hexcel Corp | View profile | 5590 | 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901 | https://www.hexcel.com |
| Sumitomo Corp | View profile | 108457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | http://www.sumitomocorp.co.jp |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
China phenolic resins market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to phenolic resins market will help companies and investors design strategic landscapes.
Others application was the largest segment with a revenue share of 26.03% in 2024. Horizon Databook has segmented the China phenolic resins market based on molding, paper impregnation, wood adhesives, coatings, insulations, laminates, others application covering the revenue growth of each sub-segment from 2021 to 2033.
China accounted for a significant share of the global demand for phenolic resins in 2021, owing to the rising number of infrastructure development projects and the growing manufacturing industry. China’s construction industry is likely to outperform other Southeast Asian countries owing to the government’s initiatives and funding to retain its development.
In addition, construction companies including China State Construction Engineering Corporation (CSCEC), China Railway Construction Corporation Limited (CRCC), and others have increased the demand for phenolic resins for the manufacture of wood adhesives, moldings, coatings, and others, thereby propelling the demand for phenolic resins in the country.
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Target buyers of China phenolic resins market databook
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Our clientele includes a mix of phenolic resins market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China phenolic resins market , including forecasts for subscribers. This country databook contains high-level insights into China phenolic resins market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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China Resol - Phenolic Resins Market, 2024 - 2033 (US$M)
China Phenolic Resins Market Outlook Share, 2024 & 2033 (US$M)
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