Phenolic board is plywood like material which is manufactured with the help of woven fabrics/ high density thermo-setting cellulose fabrics along with phenolic resins. Phenolic board is also known by the name of phenolic panels. Phenolic board is not made from wood, therefore it does not have problems related to plywood. Phenolic board is manufactured by compressing/pressing woven fabrics/cellulose fabrics with phenolic resins under high pressure. Phenolic boards have high UV resistance, chemical resistance, moisture resistance and abrasion resistance along with high mechanical strength. On the core surface of phenolic boards numerous materials such as laminates, wood panels can be used, owing to its characteristic properties it is used for different purposes in building and construction industry. Phenolic boards is used in the construction of small cabins or cubicles for changing room, toilets, bathroom etc. Phenolic boards are also used in furniture making and construction of lockers used in changing rooms. Phenolic boards are also used as partitions and as countertops for wash basin/sinks. Phenolic boards can also be used for façade cladding. Phenolic boards in combination with phenolic foams can be used as insulating panels. Phenolic boards are available in different colors as well as different finishes.
In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.
With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Phenolic Boards market is expected to witness in the upcoming decade.
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Impact of COVID-19 on Phenolic Boards Market
The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.
The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Phenolic Boards market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.
Important Questions Answered in the Phenolic Boards Market Report
- How will the Phenolic Boards market expand through 2029?
- Which region is the most lucrative in the Phenolic Boards market?
- What are the recent technological developments in the Phenolic Boards market?
- What are key challenges and competition threats faced by Phenolic Boards market players?
- Who are prominent players leading the Phenolic Boards market?
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Phenolic Boards Market: Key Segmentation
By Region
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
- Eastern Europe (Russia, Poland, CIS)
- Asia-Pacific (China, India, ASEAN, South Korea)
- Japan
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.
The global phenolic board market can be segmented on the basis of its application:
- Building & Construction
- Interior (Bathroom & Toilet Partitions, Interior Partitions, Cubicles etc.)
- Exterior (Wall Claddings)
- Insulation Panel
- Furniture
- Others (Countertops, screens, truck beds)
The global phenolic board market is segmented on the basis of its end-use:
- Residential
- Commercial
- Industrial
Phenolic Boards Market: Competitive Evaluation
The FMI’s Phenolic Boards market report provides a comprehensive analysis on key players operating in the Phenolic Boards market. Some of the key players are:
- SPIGO Group
- Guangdong Yuhua Building Materials Co., Ltd.
- Mega Plywood Corp.
- Kingspan Insulation
- Sekisui Chemical
- Asahi Kasei
- Jinan Shengquan Group
With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.
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Why Buy FMI’s Report?
- Extensive analysis on high growth niche markets across major regions
- Detailed assessment on key segments and sub-segments
- Recent and upcoming strategies tracked of manufacturers for the Phenolic Boards market
- Reliable information on new product launches, technological advancements, and more
- Valuable insights on the impact of regulatory framework on the global Phenolic Boards market