Global Phenolic Resin In Tire And Rubber Market Size & Outlook
Global phenolic resin in tire and rubber market, 2021-2033 (US$M)
Related Markets
Global phenolic resin in tire and rubber market highlights
- The global phenolic resin in tire and rubber market generated a revenue of USD 1,490.0 million in 2024 and is expected to reach USD 2,727.6 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 7% by 2033.
- In terms of segment, novolac resins accounted for a revenue of USD 730.8 million in 2024.
- Modified Phenolic Resins is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2033.
Global data book summary
| Market revenue in 2024 | USD 1,490.0 million |
| Market revenue in 2033 | USD 2,727.6 million |
| Growth rate | 7% (CAGR from 2025 to 2033) |
| Largest segment | Novolac resins |
| Fastest growing segment | Modified Phenolic Resins |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Novolac Resins, Resol Resins, Alkyl-Phenolic Resins, Modified Phenolic Resins |
Other key industry trends
- In terms of revenue, the North America accounted for 20.4% of the global phenolic resin in tire and rubber market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2033.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 152.2 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Phenolic Resin in Tire and Rubber Market Scope
Phenolic Resin in Tire and Rubber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Capital Resin Corporation | View profile | 51-100 | Columbus, Ohio, United States, North America | http://capitalresin.com |
| Prefere Resins | View profile | 501-1000 | Erkner, Brandenburg, Germany, Europe | http://www.prefereresins.com |
| Bakelite Synthetics | View profile | 501-1000 | Atlanta, Georgia, United States, North America | https://bakelite.com/ |
| Sumitomo Bakelite | View profile | 5001-10000 | Tokyo, Tokyo, Japan, Asia | http://www.sumibe.co.jp/ |
| DIC Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.dic-global.com/en/ |
| SI Group | View profile | 1001-5000 | The Woodlands, Texas, United States, North America | http://www.siigroup.com |
| Hexion | View profile | 10001+ | Columbus, Ohio, United States, North America | http://www.hexion.com |
| Atul | View profile | 1001-5000 | Valsad, Gujarat, India, Asia | https://www.atul.co.in |
| Basf SE ADR | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Kolon Industries | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.kolonindustries.com/ |
| Mitsui Chemicals Inc | View profile | 18933 | 1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, Japan, 105-7122 | http://group.mitsuichemicals.com |
Global phenolic resin in tire and rubber 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 resin in tire and rubber market will help companies and investors design strategic landscapes.
Novolac resins was the largest segment with a revenue share of 49.05% in 2024. Horizon Databook has segmented the Global phenolic resin in tire and rubber market based on novolac resins, resol resins, alkyl-phenolic resins, modified phenolic resins covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Phenolic Resin in Tire and Rubber Product Outlook (Revenue, USD Million, 2021-2033)
- Novolac Resins
- Resol Resins
- Alkyl-Phenolic Resins
- Modified Phenolic Resins
- Global Phenolic Resin in Tire and Rubber Property Outlook (Revenue, USD Million, 2021-2033)
- Tackifying Resins
- Reinforcing Resins
- Adhesive Resins
- Crosslinking/Curing Agents
- Heat-resistant Resins
- Friction/Brake Resins
- Global Phenolic Resin in Tire and Rubber Raw Material Outlook (Revenue, USD Million, 2021-2033)
- Phenol
- Formaldehyde
- Resorcinol
- Hexamethylenetetramine (HMTA)
- Cresols and other phenolics
- Cardanol and bio-phenolic inputs
- Others
- Global Phenolic Resin in Tire and Rubber End Use Outlook (Revenue, USD Million, 2021-2033)
- Tire
- Passenger Car Radial
- Truck and Bus Radial
- Off-the-Road and Agricultural
- Two-Wheelers
- Aircraft and Specialty
- Non-tire Rubber Goods
- Conveyor and Power Transmission Belts
- Hoses and Tubing
- Seals and Gaskets
- Rubberised Fabrics and Cord Adhesion Systems
- Others
- Tire
Reasons to subscribe to Global phenolic resin in tire and rubber market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global phenolic resin in tire and rubber market databook
-
Our clientele includes a mix of phenolic resin in tire and rubber market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 global-level data and insights on the Global phenolic resin in tire and rubber market , including forecasts for subscribers. This global databook contains high-level insights into Global phenolic resin in tire and rubber market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global phenolic resin in tire and rubber market size, by regions, 2021-2033 (US$M)
Top 10 countries: Phenolic resin in tire and rubber market size, 2024 (US$M)
Global phenolic resin in tire and rubber market share, by product, 2024 & 2033 (%, US$M)
Phenolic resin in tire and rubber market: Opportunity assessment by country
Global phenolic resin in tire and rubber market, by region, 2024 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
