Jacksonharolin11 Jul, 2024Business
The global phenolic resins market size reached US$ 15.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 23.2 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032. The significant growth in the automotive industry, rapid expansion of the construction sector, increasing product utilization in electronics, and the imposition of strict government policies are some of the major factors propelling the market.
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