France Phenolic Resins Market Size & Outlook, 2023-2030

The phenolic resins market in France is expected to reach a projected revenue of US$ 765.0 million by 2030. A compound annual growth rate of 5.1% is expected of France phenolic resins market from 2024 to 2030.
Revenue, 2023 (US$M)
$538.8
Forecast, 2030 (US$M)
$765.0
CAGR, 2024 - 2030
5.1%
Report Coverage
France

France phenolic resins market highlights

  • The France phenolic resins market generated a revenue of USD 538.8 million in 2023 and is expected to reach USD 765.0 million by 2030.
  • The France market is expected to grow at a CAGR of 5.1% 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 2023USD 538.8 million
Market revenue in 2030USD 765.0 million
Growth rate5.1% (CAGR from 2023 to 2030)
Largest segmentNovolac
Fastest growing segmentResol
Historical data2019 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNovolac, Resol
Key market players worldwideDIC 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, France accounted for 3.8% 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 Europe, Germany phenolic resins market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 1,501.3 million by 2030.

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Phenolic Resins Market Scope

Phenolic resins market segmentation & scope
Novolac
Liquid Resol Resin
Solid Resol Resin
Others
Wood Adhesives
Molding
Insulations
Laminates
Paper Impregnation
Coatings
Others

Phenolic Resins Market Companies

Name Profile # Employees HQ Website

France 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 18.62% in 2023. Horizon Databook has segmented the France phenolic resins market based on novolac, resol covering the revenue growth of each sub-segment from 2019 to 2030.


Computer & technology market in France has been witnessing rapid growth in recent years owing to the presence of IT service providers such as Capgemini, Atos SE, and Sopra Steria Sweden AB in the country.

The surge in demand for desktops and laptops for commercial purposes across France, along with a rise in demand for laptop monitor enclosures and LCD panels is expected to fuel the growth of this market in the country from 2022 to 2030. This increased demand for desktops and laptops has fueled the consumption of phenolic resins that are used for manufacturing printed circuit boards (PCBs).

Phenolic resins form the base for the printed circuit board base material FR1+2 and are used to produce printed circuit boards of equipment, which require limited temperature resistance and performance. According to the data provided by the European Commission, the construction sector in France has been witnessing a positive outlook in 2022.

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  • Our clientele includes a mix of phenolic resins market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the France phenolic resins market , including forecasts for subscribers. This country databook contains high-level insights into France phenolic resins market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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France phenolic resins market size, by product, 2019-2030 (US$M)

France Phenolic Resins Market Outlook Share, 2023 & 2030 (US$M)

France phenolic resins market size, by product, 2019-2030 (US$M)

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