Thecountries covered in the phenolic panel market report are U.S., Canada andMexico in North America, Germany, France, U.K., Netherlands, Switzerland,Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan,India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia,Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), SaudiArabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest ofSouth America as part of South America.
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Phenolicpanel is defined as an architectural product which has been gaining popularitywith contractors and end clients due to their versatile usage. They arebasically made of cellulose and resins fibers, creating a unique compositebuilding material with distinct properties and advantages. The phenolic panelsare extensively used in the construction industry with the rising demand forsuch products from the construction industry.
GlobalPhenolic Panel Market, By Type (Sandwich, Plain), Class (Class A, Class B,Others), Application (Interior, Exterior, Furniture, Air Conditioning DuctPanel, Others), End-User Industry (Construction, Marine, Transportation,Aerospace and Defense, Others), Country (U.S., Canada, Mexico, Brazil,Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain,Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India,South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines,Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest ofMiddle East and Africa) Industry Trends and Forecast to 2028.
Phenolicpanel market is analysed and market size, volume information is provided bycountry, type, class, applications and end-user industry as referenced above.
Phenolicpanel market is segmented on the basis of type, class, applications andend-user industry. The growth amongstthe different segments helps you in attaining the knowledge related to thedifferent growth factors expected to be prevalent throughout the market andformulate different strategies to help identify core application areas and thedifference in your target markets.
· Based on type, the phenolic panel market issegmented into sandwich and plain.
· On the basis of class, the phenolic panel marketis segmented into class A, class B and others.
· Based on application, the phenolic panel marketis segmented into interior, exterior, furniture, air conditioning duct paneland others.
· The phenolic panel market is also segmented onthe basis of end-user industry into construction, marine, transportation,aerospace and defense and others.
Phenolicpanel market will reach at an estimated value of USD 1.93 billion and grow at arate of 6.50% for the forecast period of 2021 to 2028. Rising superiorfire-resistant properties of phenolic panel is a vital factor driving thegrowth of phenolic panel market.
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Rising needfor quality products in the construction industry is the vital factorescalating the market growth, also rising investment in infrastructuredevelopment, rising benefits of phenolic panels over plastic laminate panels,such as impenetrable core and factory lamination, they are stronger and a moisture-resistantsubstitute to plastic laminates, which in turn increases the demand for theproduct and rising demand for high performance, fire & moisture resistantand durable panels in many end-user industries are the major factors amongothers driving the phenolic panel market. Moreover, rising constructionspending, rising research and development activities in the market and risingmodernization in the machinery used will further create new opportunities forthe phenolic panel market in the forecast period of 2021- 2028.
The countrysection of the phenolic panel market report also provides individual marketimpacting factors and changes in regulation in the market domestically thatimpacts the current and future trends of the market. Data points such asconsumption volumes, production sites and volumes, import export analysis,price trend analysis, cost of raw materials, down-stream and upstream valuechain analysis are some of the major pointers used to forecast the marketscenario for individual countries. Also, presence and availability of globalbrands and their challenges faced due to large or scarce competition from localand domestic brands, impact of domestic tariffs and trade routes are consideredwhile providing forecast analysis of the country data
Phenolicpanel market competitive landscape provides details by competitor. Detailsincluded are company overview, company financials, revenue generated, marketpotential, investment in research and development, new market initiatives,global presence, production sites and facilities, production capacities,company strengths and weaknesses, product launch, product width and breadth,application dominance. The above data points provided are only related to thecompanies’ focus related to phenolic panel market.
Asia-Pacificdominates the phenolic panel market due to increasing investment ininfrastructure development, rising demand for high performance, fire &moisture resistant and durable panels in many end-user industries and risingconstruction spending and rising research and development activities in thisregion.
The majorplayers covered in the phenolic panel market report are Kingspan Group,Wilsonart LLC, Asahi Kasei Corporation, Fiberesin Industries Inc, BroadviewHolding B.V., FunderMax, Bobrick Washroom Equipment, Inc., Werzalit of America,ASI Group Ltd, General Partitions Mfg. Corp. and Trespa among other domesticand global players. Market share data is available for global, North America,Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South Americaseparately. DBMR analysts understand competitive strengths and providecompetitive analysis for each competitor separately.
However,rising prices of phenolic panels and continuous decline in the economy due toCOVID-19 are the major factors among others acting as restraints, while lack ofawareness about phenolic panels among end users will further challenge thegrowth of phenolic panel market in the forecast period mentioned above.
Thisphenolic panel market report provides details of new recent developments, traderegulations, import export analysis, production analysis, value chainoptimization, market share, impact of domestic and localised market players,analyses opportunities in terms of emerging revenue pockets, changes in marketregulations, strategic market growth analysis, market size, category marketgrowths, application niches and dominance, product approvals, product launches,geographical expansions, technological innovations in the market. To gain moreinfo on phenolic panel market contact Data Bridge Market Research for anAnalyst Brief, our team will help you take an informed market decision toachieve market growth.
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