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The global phenolic boards market is expected to grow at a CAGR of 2.9% between 2024 and 2032. Major drivers of the market are growth in the construction industry and increase in demand for materials that are sustainable.
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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.
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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.
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.
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.
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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.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Thickness |
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Breakup by Application |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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 (2018-2023)
8.3 Global Phenolic Boards Market Forecast (2024-2032)
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 (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 More than 40 mm
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Phenolic Boards Market by Application
8.5.1 Interior
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Exterior
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Insulation Panels
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Furniture
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Commercial
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Industrial
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Phenolic Boards Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Phenolic Boards Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Phenolic Boards Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Phenolic Boards Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
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 (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
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, 2018 and 2032
2. Global Phenolic Boards Historical Market: Breakup by Thickness (USD Million), 2018-2023
3. Global Phenolic Boards Market Forecast: Breakup by Thickness (USD Million), 2024-2032
4. Global Phenolic Boards Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Phenolic Boards Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Phenolic Boards Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Global Phenolic Boards Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Global Phenolic Boards Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Phenolic Boards Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Phenolic Boards Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Phenolic Boards Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Phenolic Boards Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Phenolic Boards Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Phenolic Boards Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Phenolic Boards Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Phenolic Boards Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Phenolic Boards Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Phenolic Boards Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Phenolic Boards Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Phenolic Boards Market Structure
The market is expected to grow at a CAGR of 2.9% between 2024 and 2032.
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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