PhenolicBoard Market: Overview
Phenolicboards have proliferated in use in wide range interior and exteriorapplications. The drive for application stems from the moisture-protectionability and sturdiness, among other things. The demand for use of high-density,thermosetting cellulose fibers in construction materials is a key trend in theexpansion of the phenolic board market. Rising use of phenolic boards invarious architecture applications in public buildings, sports facilities, andother commercial buildings is a key trend bolstering the expansion of thephenolic board market.
The stridesin the phenolicboard market has led to the proliferation of products of various size,coating materials used, colors, and dimensional stability. This helps to meetthe wide cross-section of needs of end-user industries. Some of the popularapplications are in making counter tops for over-mounted basins, bathroomcabins in public places, and benches in changing rooms.
PhenolicBoard Market: Competitive Analysis and Key Developments
The studyoffers critical assessment of various competitive forces shaping the intensityof competition in the phenolic board market. The assessment also takes a closerlook at the recent developments that have influenced the entry barriers.
Manufacturersare adopting new techniques to engineer phenolic resins for meeting the needsof end-use industries in the phenolic boards market. They are focusing inimproving numerous performance metrics such as dimensional stability,resistance against attack of chemicals, and collision resistance. The drive forunveiling environmentally friendly materials has attracted the attention ofwell-entrenches as well as new entrants alike, thereby setting the pace forinnovation in the phenolic board market.
Some ofthe top players in the phenolic board market are Linyi Longser Imp. & Exp.Co., Ltd., SPIGO Group, Asahi Kasei, Kingspan Insulation, Sekisui Chemical,Langfang Sanxing Chemical, and Mega Plywood Corp.
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Phenolic Board Market: Key Trends
Productsin the phenolic board market has attracted the attention of consumers invarious end-use industries due to the fact that they offer large advantages ofcompact laminate panels. Over the past few years, various regions have beenseeing the demand for phenolic board in interior decorations. Several featureshave driven their popularity such as being anti-impact, anti-static,anti-bacterial, and mildew proof. Rising use of compact laminates in decorativeconfetti is boosting the sales. The phenolic board market has been bolstered byvariety of color choices in phenolic resin fiberboards.
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The risingpreference of phenolic boards in physical laboratories, chemical laboratories,and biochemical laboratories in developing regions in the phenolic boardsmarket. In particular, phenolic boards have seen widespread use in research andcommunication room workbench.
The rapidpace of commercial constructions that have taken place in the past few years indeveloping economies of the world has also impacted the demand dynamic of thephenolic boards market.
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Phenolic Board Market: Regional Analysis
The majorchunk of opportunities in the phenolic board market is spread into NorthAmerica, Europe, Asia Pacific, Latin America, and the Middle East. Of these,Asia Pacific has witnessed the rise in demand, underpinned to a large part oftheir use in indoor architectural applications. The region also has seenemerging economies contributing sizable shares to the global phenolic boardsmarket. This is in part due to the considerably growing demand for such resinsin constructing public facilities, supported by substantial spending bygovernments.
Developedregions such as North America are expected to play crucial role in theexpansion of new avenues in the phenolic boards market due to the rise inresearch and development activities in resins and the use of additives inimproving the performance.
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