Phenolic Resin for Filter Papers Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
From 2023 to 2033, the demand for Phenolic Resin for Filter Papers is expected to experience a substantial increase. This is largely attributed to the growing awareness of air pollution and the increasing need for efficient filtration solutions in both industrial and residential applications. Furthermore, advancements in filtration technologies, such as nanofiltration and membrane filtration, are expected to drive the market forward. The pharmaceutical industry’s emphasis on high-purity filtration, particularly for critical applications like vaccine production, will further fuel the demand for high-quality filter papers. The emergence of new markets in developing regions, particularly in Asia-Pacific, will also contribute to the market’s expansion during the forecast period. As industries continue to focus on sustainability, the use of phenolic resins in filter papers will align with environmental goals, as these resins are recyclable and offer low environmental impact compared to synthetic alternatives.
Get an In-Depth Research Analysis of the Global Phenolic Resin for Filter Papers Market Size And Forecast [2025-2032]
The global Phenolic Resin for Filter Papers market has experienced steady growth from 2018 to 2022, driven by the increasing demand for high-performance filtration materials. Phenolic resins, known for their excellent chemical resistance, heat stability, and strong bonding properties, have found widespread application in filter papers used across industries such as automotive, pharmaceuticals, and food processing. The automotive sector, in particular, has been a significant contributor to the market's growth, as phenolic resin-based filter papers are essential for air and oil filtration in vehicles. Additionally, the rising demand for clean and safe drinking water, along with stringent environmental regulations, has led to an increased use of phenolic resin-based filters in water treatment plants.
Sumitomo Bakelite
Bakelite Synthetics
Hexion
Asahi Yukizai
KOLON
Jinan Shengquan Group
PAT Products
FENOLIT d.d.
UCP Chemicals AG
Puyang Enying Polymer Materials
Willing New Materials Technology
Shandong Laiwu Runda New Material
Liaoning Shenghai New Materials
Hebei Zetian Chemical
Jiangmen City Kunyi Resin Materials Technology
Cangzhou Dongda Chemical
Yima Ruineng Chemical
Glocot Chemicals
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Phenolic Resin for Filter Papers Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Phenolic Resin for Filter Papers Market
Air Filter Paper
Oil Filter Paper
Fuel Filter Paper
Other Filter Papers
Based on Types the Market is categorized into Below types that held the largest Phenolic Resin for Filter Papers market share In 2023.
Solids
Liquids
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Phenolic Resin for Filter Papers Market Research Analysis
1. Introduction of the Global Phenolic Resin for Filter Papers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Phenolic Resin for Filter Papers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Phenolic Resin for Filter Papers Market, By Type
6. Global Phenolic Resin for Filter Papers Market, By Application
7. Global Phenolic Resin for Filter Papers Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Phenolic Resin for Filter Papers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/