Phenolic Resins Market is expected to remain steady and grow with a CAGR value of ~4% in the forecast period 2019-2029

Persistence Market Research delivers comprehensive information in the global¬†phenolic resins market, in its latest report, which includes global industry analysis 2014-2018 and forecast 2019-2029.¬†The global phenolic resins demand is expected to remain steady and grow with a CAGR value of ~4% in the forecast period. The phenolic resins market is primarily driven by its demand from coatings, insulation and lamination products, and adhesives applications. The demand growth is expected to be driven by the growth of end-use applications. Phenolic resins have highly characterized in term of high mechanical strength, low…

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Phenolic Resins Market is expected to remain steady and grow with a CAGR value of ~4% in the forecast period 2019-2029

The impact of COVID-19 pandemic can be felt across the chemical industry. The growing inability in the production and manufacturing processes, in the light of the self-quarantined workforce has caused a major disruption in the supply chain across the sector. Restrictions encouraged by this pandemic are obstructing the production of essentials such as life-saving drugs. The nature of operation in chemical plants that cannot be easily stopped and started, makes the operational restrictions in these plants a serious concern for the industry leaders. Restricted and delayed shipments from China have…

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