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Global Phenolic Boards Market: By Thickness: Less than 40 mm, More than 40 mm; By Application: Interior, Exterior, Insulation Panels, Furniture, Others; By End Use: Residential, Commercial, Industrial; Regional Analysis; Market Dynamics; Value Chain Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2022-2027

Global Phenolic Boards Market Outlook

The global phenolic boards market is expected to grow at a CAGR of 2.9% between 2022 and 2027. Major drivers of the market are growth in the construction industry and increase in demand for materials that are sustainable. 

 

Key Trends in the Market

Phenolic boards, also termed as phenolic panels, are boards made up of wooden sheets that are tough and stable with high density thermosetting cellulose fabrics. The surface of phenolic prevents cracking and splitting from attachments. Phenolic board is made durable by putting together several layers of paper, cotton, or glass fabric mix under heat and pressure thereby filling in synthetic raisin.

 

  • Rapid increase in the population and urbanisation is promoting the construction process which is ultimately helping in the surge of the phenolic boards market globally.
  • Producers are adopting new methods of production including organic as well as inorganic growth techniques to fulfil the demands of the consumers and end-use industries.
  • Plywood is lower in cost when compared to phenolic boards due to which it is still preferred by many end-users. This reason may hold back the growth of the global phenolic boards market, and encourage suppliers to develop low-cost phenolic boards.

 

Market Analysis

Based on application, the market can be segmented into interior, exterior, insulation panels, furniture, and others. On the basis of thickness, it can be bifurcated into less than 40 mm and more than 40 mm. The market can be divided based on end use into residential, commercial and industrial. The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. 

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global phenolic boards market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans. 

 

  • Spigo Group
  • Kingspan Group
  • Asahi Kasei Corporation
  • LX Hausys, Ltd.
  • SAVI CO., LTD
  • Changzhou Zhongtian Fireproof Decorative Sheets Co., Ltd.
  • Yalong Wood Co., Ltd.
  • UNILIN Insulation
  • Fiberisin Industries 
  • Others

 

Market Share by Application

Phenolic boards are commonly used in construction processes. Exterior uses of phenolic boards include balcony or shade creation to prevent sun while interiorly they are used to partition rooms or bathrooms and as a wall lining. Insulation panels are used for floors, roofs, and walls and phenolic boards also find application in building wooden objects. With these uses, the phenolic boards market is expected to grow efficiently.

 

Market Share by End Use

Be it industrial buildings or residential or commercial, all of them use phenolic boards in their construction process due to its stability and durability. Buildings are typically created to last for the long-term, hence require durable and tough materials in the construction process. This again contributes to the growth of the global phenolic boards market.

 

Competitive Landscape 

Spigo Group founded in 2006 has its headquarters in Spain and involves engineers, distributors, architects, wholesalers, and final consumers. It develops products that are mainly used for construction such as doors and phenolic carpentries.

 

Kingspan Group was established in 1966 with headquarters in Ireland. It is a global leader in developing building solutions with net-zero emissions to achieve a sustainable future.

 

Asahi Kasei Corporation, founded in May 1922, aims to meet the needs of the people that keep changing with time and provide them with the best quality products required for daily use at a reasonable price. 

 

Other market players include LX Hausys, Ltd., SAVI CO., LTD, Changzhou Zhongtian Fireproof Decorative Sheets Co., Ltd., Yalong Wood Co., Ltd., Langfang Sanxing Chemical Industry Co., Ltd., UNILIN Insulation, and Fiberisin Industries, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Thickness
  • Application
  • End Use
  • Region
Breakup by Thickness
  • Less than 40 mm
  • More than 40 mm
Breakup by Application
  • Interior
  • Exterior
  • Insulation Panels
  • Furniture
  • Others
Breakup by End Use
  • Residential
  • Commercial
  • Industrial
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Spigo Group
  • Kingspan Group
  • Asahi Kasei Corporation
  • LX Hausys, Ltd
  • SAVI CO., LTD
  • Changzhou Zhongtian Fireproof Decorative Sheets Co., Ltd.
  • Yalong Wood Co., Ltd. 
  • Langfang Sanxing Chemical Industry Co., Ltd.
  • UNILIN Insulation
  • Fiberesin Industries
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Application
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Phenolic Boards Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Phenolic Boards Historical Market (2017-2021) 
    8.3    Global Phenolic Boards Market Forecast (2022-2027)
    8.4    Global Phenolic Boards Market by Thickness
        8.4.1    Less than 40 mm
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    More than 40 mm
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Phenolic Boards Market by Application
        8.5.1    Interior
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Exterior
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Insulation Panels
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Furniture
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Others
    8.6    Global Phenolic Boards Market by End Use
        8.6.1    Residential
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Commercial
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Industrial
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
    8.7    Global Phenolic Boards Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021) 
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021) 
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021) 
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2017-2021) 
            8.7.4.3    Forecast Trend (2022-2027)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2017-2021) 
            8.7.5.3    Forecast Trend (2022-2027)
9    North America Phenolic Boards Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2017-2021) 
        9.1.3    Forecast Trend (2022-2027)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2017-2021) 
        9.2.3    Forecast Trend (2022-2027)
10    Europe Phenolic Boards Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2017-2021) 
        10.1.3    Forecast Trend (2022-2027)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2017-2021) 
        10.2.3    Forecast Trend (2022-2027)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2017-2021) 
        10.3.3    Forecast Trend (2022-2027)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2017-2021) 
        10.4.3    Forecast Trend (2022-2027)
    10.5    Others
11    Asia Pacific Phenolic Boards Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2017-2021) 
        11.1.3    Forecast Trend (2022-2027)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2017-2021) 
        11.2.3    Forecast Trend (2022-2027)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2017-2021) 
        11.3.3    Forecast Trend (2022-2027)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2017-2021) 
        11.4.3    Forecast Trend (2022-2027)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2017-2021) 
        11.5.3    Forecast Trend (2022-2027)
    11.6    Others
12    Latin America Phenolic Boards Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2017-2021) 
        12.1.3    Forecast Trend (2022-2027)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2017-2021) 
        12.2.3    Forecast Trend (2022-2027)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2017-2021) 
        12.3.3    Forecast Trend (2022-2027)
    12.4    Others
13    Middle East and Africa Phenolic Boards Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2017-2021) 
        13.1.3    Forecast Trend (2022-2027)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2017-2021) 
        13.2.3    Forecast Trend (2022-2027)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2017-2021) 
        13.3.3    Forecast Trend (2022-2027)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2017-2021) 
        13.4.3    Forecast Trend (2022-2027)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    EMR’s Key Indicators for Demand
    14.4    EMR’s Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Spigo Group
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Kingspan Group
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Asahi Kasei Corporation
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    LX Hausys, Ltd
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    SAVI CO., LTD
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Changzhou Zhongtian Fireproof Decorative Sheets Co., Ltd.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Yalong Wood Co., Ltd. 
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Langfang Sanxing Chemical Industry Co., Ltd.
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    UNILIN Insulation
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    Fiberesin Industries
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    Others
17    Key Trends and Developments in the Market


List of Figures and Tables

1.    Global Phenolic Boards Market: Key Industry Highlights, 2017 and 2027
2.    Global Phenolic Boards Historical Market: Breakup by Thickness (USD Million), 2017-2021
3.    Global Phenolic Boards Market Forecast: Breakup by Thickness (USD Million), 2022-2027
4.    Global Phenolic Boards Historical Market: Breakup by Application (USD Million), 2017-2021
5.    Global Phenolic Boards Market Forecast: Breakup by Application (USD Million), 2022-2027
6.    Global Phenolic Boards Historical Market: Breakup by End Use (USD Million), 2017-2021
7.    Global Phenolic Boards Market Forecast: Breakup by End Use (USD Million), 2022-2027
8.    Global Phenolic Boards Historical Market: Breakup by Region (USD Million), 2017-2021
9.    Global Phenolic Boards Market Forecast: Breakup by Region (USD Million), 2022-2027
10.    North America Phenolic Boards Historical Market: Breakup by Country (USD Million), 2017-2021
11.    North America Phenolic Boards Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Europe Phenolic Boards Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Europe Phenolic Boards Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Asia Pacific Phenolic Boards Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Asia Pacific Phenolic Boards Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Latin America Phenolic Boards Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Latin America Phenolic Boards Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Middle East and Africa Phenolic Boards Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Middle East and Africa Phenolic Boards Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Global Phenolic Boards Market Structure
 

Key Questions Answered in the Report

The market is expected to grow at a CAGR of 2.9% between 2022 and 2027.

Major market drivers are growth in the construction industry and increase in demand for materials that are sustainable.

The global market for phenolic boards is segmented into thickness, end use, application, and region.

The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.

Key players in the global phenolic boards market are Spigo Group, Kingspan Group, Asahi Kasei Corporation, LX Hausys, Ltd., SAVI CO., LTD, Changzhou Zhongtian Fireproof Decorative Sheets Co., Ltd., Langfang Sanxing Chemical Industry Co., Ltd., Yalong Wood Co., Ltd., UNILIN Insulation, and Fiberisin Industries, among others.

Key trends of the market are increase in population and urbanisation, new growth techniques, and versatile use of phenolic boards.

On the basis of thickness, the market for phenolic boards can be bifurcated into less than 40 mm and more than 40 mm.

Phenolic boards, also termed as phenolic panels, are made up of wooden sheets that are tough and stable with high density thermosetting cellulose fabrics.

Phenolic board is made durable by putting together several layers of paper, cotton or glass fabric mix under heat and pressure thereby filling in synthetic raisin.

Phenolic boards are preferred over plywood because of their stability and durability. The surface of phenolic also prevents cracking and splitting from the attachment.

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