In 2023, the global market for phenolic resins was valued at US$ 15.5 billion. According to IMARC Group, this market is projected to grow, reaching US$ 23.2 billion by 2032 with a compound annual growth rate (CAGR) of 4.5% between 2024 and 2032. Phenolic resins, known for their high mechanical strength, heat resistance, and durability, are widely used in applications such as adhesives... https://www.imarcgroup.com/phenolic-resins-market