Brazil Phenolic Resins Market Size & Outlook, 2023-2030
Brazil phenolic resins market, 2019-2030 (US$M)
Related Markets
Brazil phenolic resins market highlights
- The Brazil phenolic resins market generated a revenue of USD 657.6 million in 2023 and is expected to reach USD 954.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, novolac was the largest revenue generating product in 2023.
- Resol is the most lucrative product segment registering the fastest growth during the forecast period.
Phenolic resins market data book summary
| Market revenue in 2023 | USD 657.6 million |
| Market revenue in 2030 | USD 954.0 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Novolac |
| Fastest growing segment | Resol |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Novolac, Resol |
| 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, Brazil accounted for 4.6% of the global phenolic resins market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Argentina phenolic resins market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 954.0 million by 2030.
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 Resins Market Scope
Phenolic Resins Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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.
Novolac was the largest segment with a revenue share of 17.43% in 2023. Horizon Databook has segmented the Brazil phenolic resins market based on novolac, resol covering the revenue growth of each sub-segment from 2019 to 2030.
The multinational companies in Brazil have increased the production capacity projecting lower profitability for the medium term. The export of machineries such as computers and vehicles has witnessed a decent surge over the past few years, which is expected to boost the requirement for phenolic resins, especially in industrial and automotive sectors.
The Brazilian healthcare industry is heavily investing in technical development activities, as well as acquiring modern novolac resin-based devices, indicating that the phenolic resins market has undergone tremendous growth in recent years on account of the inflow of foreign direct investments (FDIs). Thus, the increase in spending on the manufacture of phenolic resin-based products is expected to propel the market in Brazil over the forecast period.
Reasons to subscribe to Brazil phenolic resins 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 Brazil phenolic resins market databook
-
Our clientele includes a mix of phenolic resins 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 country-level data and insights on the Brazil phenolic resins market , including forecasts for subscribers. This country databook contains high-level insights into Brazil phenolic resins market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil phenolic resins market size, by product, 2019-2030 (US$M)
Brazil Phenolic Resins Market Outlook Share, 2023 & 2030 (US$M)
Related regional 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
