Product Code: ETC081823 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Phenolic Resins market currently, in 2023, has witnessed an HHI of 1513, Which has decreased slightly as compared to the HHI of 1610 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India phenolic resins market is anticipated to growat a CAGR of 6.4% during the forecast period.. Phenolic resin is used in electrical/electronic components as an insulating material and coating agent due to its excellent chemical resistance properties and good dielectric strength, which make them suitable for industrial applications such as adhesives, laminates, molding compounds, coatings & varnishes etc., which has widely been used across multiple end user industries such as automotive, construction and electrical equipment industry among others.
Increase in demand from various end use industries such as automotive and furniture segment are majorly driving the growth of the market in India. Additionally with increasing investment in infrastructure development this trend is expected to continue over the coming years fuelling demand for phenolic resin based products also technological advancement enabling usage of premium grade materials will further drive growth opportunities within this sector
Fluctuation in raw material costs tends to affect both volume & pricing of phenol based resins significantly thereby disrupting profitability margins hence companies focusing on cost effective production process become winner???s.Additionally availability of substitutes like epoxy resins can prove detrimental towards sustainable development prospects
Few leading players operating within India markets include names like DIC Corporation ,Daiichi Kogyo Seiyaku Co Ltd ,Asahi Kasei Corporation ,Kukdo Chemicals Co Ltd ,Shikoku Chemicals Pvt Ltd etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Phenolic Resins Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Phenolic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 India Phenolic Resins Market - Industry Life Cycle |
3.4 India Phenolic Resins Market - Porter's Five Forces |
3.5 India Phenolic Resins Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Phenolic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Phenolic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Phenolic Resins Market Trends |
6 India Phenolic Resins Market, By Types |
6.1 India Phenolic Resins Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Phenolic Resins Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 India Phenolic Resins Market Revenues & Volume, By Novolac, 2018 - 2031F |
6.1.4 India Phenolic Resins Market Revenues & Volume, By Resol, 2018 - 2031F |
6.1.5 India Phenolic Resins Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 India Phenolic Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Phenolic Resins Market Revenues & Volume, By Wood Adhesives, 2018 - 2031F |
6.2.3 India Phenolic Resins Market Revenues & Volume, By Molding, 2018 - 2031F |
6.2.4 India Phenolic Resins Market Revenues & Volume, By Insulation, 2018 - 2031F |
6.2.5 India Phenolic Resins Market Revenues & Volume, By Laminates, 2018 - 2031F |
6.2.6 India Phenolic Resins Market Revenues & Volume, By Paper Impregnation, 2018 - 2031F |
6.2.7 India Phenolic Resins Market Revenues & Volume, By Coatings, 2018 - 2031F |
7 India Phenolic Resins Market Import-Export Trade Statistics |
7.1 India Phenolic Resins Market Export to Major Countries |
7.2 India Phenolic Resins Market Imports from Major Countries |
8 India Phenolic Resins Market Key Performance Indicators |
9 India Phenolic Resins Market - Opportunity Assessment |
9.1 India Phenolic Resins Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Phenolic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Phenolic Resins Market - Competitive Landscape |
10.1 India Phenolic Resins Market Revenue Share, By Companies, 2024 |
10.2 India Phenolic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |