The report offers detailed coverage of Bakelite industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Bakelite by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Bakelite is used as an adhesive compound, molding compound, and as a protective coating in major industrial applications.
Asia Pacific was the key regional market and is expected to witness rapid growth on account of increasing bakelite consumption in major end-use segments such as semiconductor, inexpensive games, and automotive brake pads. Increasing utilization of billiard balls and dominoes in China and Japan is expected to enhance the market growth in Asia Pacific. Increasing automotive production in China, India, Japan and Korea is expected to further drive the regional bakelite market. Bakelite is manufactured in various forms such as rod, sheets, and tube for many industrial applications in aerospace and electronics industry. North America market is expected to have considerable growth on account of growing aerospace and power generation industries in the region. Stringent regulations regarding disposability of bakelite and consequential affects associated with unsafe handling is expected to be a major factor restraining European market growth. Market growth in Europe is expected to be driven by increasing automotive manufacturing and power generation.
The report forecast global Bakelite market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Bakelite market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Bakelite according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
Key Companies
Sumitomo Bakelite Co. Ltd.
MingQun Optoelectronics Tech. Co. Ltd.
Borden Chemical Inc.
Romit Resins Pvt. Ltd.
Momentive Specialty Chemicals
Elkor
Market by Order Type
Alcohol-soluble
Modified
Oil-soluble
Market by Application
Semi-Conductors
Wire Insulations
Brake Pads
Other