For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
Phenolic resin is the principal binder used in the manufacture of modern friction materials.
Phenolic resins for the friction industry are available as liquids or as powders blended with a cross linking agent (usually hexamine). The properties of these resins may be enhanced by incorporating other polymeric or chemical modifications.
Scope of the Report:
The market is driven by various end-users, such as automotive, railway, aeronautics and industrial. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas' company prefers investing to underdevelopment regions these years.
The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions' unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The worldwide market for Phenolic Resin for Friction Materials is expected to grow at a CAGR of roughly 5.0% over the next five years, will reach 1120 million US$ in 2024, from 840 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Phenolic Resin for Friction Materials in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Sumitomo Bakelite
- Hexion
- Mitsui Chemicals
- DIC Corporation
- Shengquan Group
- KANGNAM CHEMICAL
- Shandong Laiwu Runda New Material
- Kuentek Cashew
- Sprea Misr
- Zhejiang Hangzhou Friction Composites
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Liquid Type (Phenolic Resol Resins)
- Powder Type (Phenolic Novolac Resins)
Market Segment by Applications, can be divided into
- Automotive
- Railway
- Aeronautics
- Industrial
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Phenolic Resin for Friction Materials product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Phenolic Resin for Friction Materials, with price, sales, revenue and global market share of Phenolic Resin for Friction Materials in 2017 and 2018.
Chapter 3, the Phenolic Resin for Friction Materials competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Phenolic Resin for Friction Materials breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Phenolic Resin for Friction Materials market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Phenolic Resin for Friction Materials sales channel, distributors, customers, research findings and conclusion, appendix and data source.