Phenolic resins Market are being increasingly used in numerous industries owing to high heat resistance, mechanical strength, low toxicity, ability to blend with polymers and low smoke. The global phenolic resins market is anticipated to witness stable growth over the next seven years owing to increased demand from transport and construction industry. Product demand is expected to rise on account of increased usage of fire retardant materials in automotive and aircraft components. Phenolic molding compounds namely novolac and resol have tremendous future potential which is anticipated to drive the global phenolic resins market.
http://www.grandviewresearch.com/industry-analysis/phenolic-resins-market
No comments:
Post a Comment