Epoxy curing agent News The green development of the construction industry will promote the release of phenolic foam market demand

The green development of the construction industry will promote the release of phenolic foam market demand

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The green development of the construction industry will promote the release of phenolic foam market demand

Phenolic foam insulation material, referred to as phenolic foam, is a new type of non-combustible, fire-proof, low-smoke insulation material. Phenolic foam is a closed-cell rigid foam made of scientific formula using phenolic resin as the main raw material, along with foaming agents, surfactants, flame retardants, smoke suppressants, curing agents, etc. Phenolic foam is usually sold in the form of sheets. The insulation thickness of the sheets includes three specifications: ≤40mm, 40-80mm, and ≥80mm. Phenolic foam has good thermal insulation properties, thermal stability, chemical corrosion resistance, weather resistance, etc., and is widely used in papermaking, chemical industry, pharmaceuticals, construction, ships, machinery and other fields.

According to the “2022-2027 Phenolic Foam Industry Market In-depth Research and Investment Prospect Forecast Analysis Report released by the Industrial Research Center, in 2016 -In 2019, global phenolic foam market consumption was on a steady growth trend. Affected by the COVID-19 epidemic, phenolic foam market sales dropped to US$1.07 billion in 2020. Phenolic foam has outstanding comprehensive advantages and a wide range of applications. With the release of downstream market demand, the phenolic foam market will further expand, and it is expected that the average annual compound growth rate from 2022 to 2026 will exceed 6.0%.

Globally, the phenolic foam consumer market is mainly concentrated in the United States, Europe, Japan and other countries and regions. In recent years, with the rise of emerging economies, the phenolic foam market in the Asia-Pacific region has developed rapidly. In this region, China, Japan, India is the main participating country. In 2020, my country’s phenolic foam market size will be around 350 million yuan, and it is expected to maintain a growth rate higher than the global average from 2022 to 2026.

Phenolic foam uses phenolic resin as the main raw material. In recent years, with the improvement of production technology, my country’s phenolic resin production capacity has expanded rapidly. In 2020, the production capacity of the phenolic resin industry reached 1.65 million tons, and the consumption was 1.45 million tons. my country is a major producer and consumer of phenolic resin in the world and has raw material advantages in developing the phenolic foam industry. At the same time, as environmental protection requirements increase, high-quality and green development trends in the construction industry emerge, providing broad space for the development of the phenolic foam market.

In recent years, as the survival of the fittest accelerates, the phenolic foam market has gradually concentrated on leading companies. At this stage, the global phenolic foam suppliers mainly include Japan’s Asahi Kasei, Kingspan, Jinan Shengquan, LG Hausys, etc., with a high degree of market concentration. . There are a large number of phenolic foam manufacturers in my country, with the majority of them being small and medium-sized enterprises, and the quality of their products is uneven. Market supervision needs to be further strengthened.

Industry analysts said that phenolic foam is a new type of environmentally friendly material with excellent comprehensive properties. In the context of increasingly strict environmental protection supervision, , the phenolic foam market has great development potential. my country is a major producer of phenolic resin and has abundant raw material resources for phenolic foam. With the green development of my country’s construction industry and the high-quality development of the manufacturing industry, the phenolic foam market will usher in new development opportunities.

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