South Africa Phenolic Resins Market Size & Outlook
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South Africa phenolic resins market highlights
- The South Africa phenolic resins market generated a revenue of USD 545.7 million in 2024 and is expected to reach USD 834.5 million by 2033.
- The South Africa market is expected to grow at a CAGR of 4.9% 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 545.7 million |
| Market revenue in 2033 | USD 834.5 million |
| Growth rate | 4.9% (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, South Africa accounted for 3.6% 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 Middle East & Africa, South Africa phenolic resins market is projected to lead the regional market in terms of revenue in 2033.
- Gulf Cooperation Council is the fastest growing regional market in Middle East & Africa and is projected to reach USD 801.7 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 |
South Africa 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 42.62% in 2024. Horizon Databook has segmented the South Africa 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.
The phenolic resins market in South Africa is expected to witness moderate growth over the forecast period owing to the expanding automotive industry in the country. The presence of major automobile makers in the country has significantly reduced inflation as well as unemployment.
The country is characterized by the presence of foreign manufacturers such as Volkswagen, BMW, Chrysler, Ford, Nissan, General Motors, and Toyota, which have production plants in South Africa. These players are attempting to increase their production capacities to increase market shares. These trends are expected to help boost the demand for phenolic resins in automotive applications.
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Target buyers of South Africa 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa phenolic resins market , including forecasts for subscribers. This country databook contains high-level insights into South Africa phenolic resins market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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South Africa Resol - Phenolic Resins Market, 2024 - 2033 (US$M)
South Africa Phenolic Resins Market Outlook Share, 2024 & 2033 (US$M)
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