Market revenue in 2023 | USD 538.8 million |
Market revenue in 2030 | USD 765.0 million |
Growth rate | 5.1% (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 |
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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.
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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