Phenolic Panel Market, By Type (Sandwich and Plain), By Application (Interior, Exterior, Furniture, Air Conditioning Duct Panel, and Others), By End-user (Construction, Marine, Transportation, Aerospace & Defense, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Phenolic panels has wide applications in exterior, interior, furniture, and various other applications of end-use industries, such as marine, construction, aerospace & defense, and transportation. The key importance of these phenolic panels is to provide moisture-resistance and fire-resistance properties. For example, phenolic panels are applicable in the exterior cladding, cubicles, partitions, and other applications to avoid fire accidents.

Rising number of building & construction activities globally

Rising urbanization and growing population has resulted into growth in the number of building & construction activities across the globe. Additionally, there has been significant rise in residential as well as commercial construction activities particularly in the developing economies. In the regions such as North America and Europe there is growing demand for efficient materials with characteristic properties for building & construction due to which North America and Europe can be witnesses as lucrative markets for phenolic board.

Adoption of various key strategies by the manufactures

Product development and brand management are key strategies which have been adopted by the manufacturers of phenolic board to expand their market footprint and attend a competitive edge over the general competitors. Various grades of phenolic board with properties of waterproof, fire resistant, termite and weed resistant have been introduced by the producers in recent times. Moreover, technical marketing and strong retailer relationship management is also been adopted by the phenolic board producers.

However, high pricing of phenolic panels and declining economy due to COVID-19 might affect growth of the target market over the forecast period.

Phenolic panel market is segmented based on type, application, end-user, and region.

On the basis of product type, the phenolic panel market is segmented into sandwich and plain. Based on application, the target market is segmented into interior, exterior, furniture, air conditioning duct panel, and others. Based on end-user, the target market is segmented into construction, marine, transportation, aerospace & defense, and others.

Regional Insights:

On region the phenolic panel market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is the main consumer of phenolic panels due to increasing demand from the Germany, UK, and other European countries. The UK is the dominating market in the region. Several applications of phenolic panels in the European market include building interior, exterior cladding, aircraft interior, air conditioning duct, furniture, and panels, among others. The growth of the market is also endorsed due to technological advancement and presence of established manufacturers related to the development of phenolic panel products.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at gobal, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the phenolic panel market report based on type, application, End-user, and region.

Phenolic Panel Market, By Type:

• Sandwich
• Plain

 Phenolic Panel Market, By Application:

• Interior
• Exterior
• Furniture
• Air Conditioning Duct Panel
• Others

 Phenolic Panel Market, By End-user:

• Construction
• Marine
• Transportation
• Aerospace & Defense
• Others

 Phenolic Panel Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating the phenolic panel market includes Wilsonart LLC (US), Broadview Holding B.V. (Netherlands), Bobrick Washroom Equipment, Inc. (US), Asahi Kasei Corporation (Japan), Fundermax GmbH (Austria), Fiberesin Industries Inc. (US), Kingspan Group (Ireland), general Partitions Mfg. Ltd. (US), Werzalit of America, Inc. (US). Product development and brand management are key strategies which have been adopted by the manufacturers of phenolic board to expand their market footprint and attend a competitive edge over the general competitors. For instance, in June 2019, Bobrick Washroom Equipment, Inc. prolonged its current manufacturing and distribution facility in Jackson, Tennessee (US), by an additional 40,000 square feet. This expansion of the company was driven by significant growth in toilet partition business and is dominating to the additional production capacity. The expansion has helped Bobrick Washroom Equipment, Inc. to further improve its business in the North America region.

• Wilsonart LLC
  • Company Overview
  • Product Type Portfolio
  • Key Highlights
  • Financial Perapplicationance
  • Business Strategies

• Broadview Holding B.V.
• Bobrick Washroom Equipment, Inc.
• Asahi Kasei Corporation
• Fundermax GmbH
• Fiberesin Industries Inc.
• Kingspan Group
• General Partitions Mfg. Ltd.
• Werzalit of America, Inc.

“*” marked represents similar segmentation in other categories in the respective section