Phenolic Molding Compound Market Size to Reach USD 4.15 Billion by 2030 as Novolac Maintains Leadership
Market Overview and Growth Outlook The Phenolic Molding Compound Market reached USD 3.33 billion in 2024, compared with USD 3.27 billion in 2023. Annual market demand is expected to reach USD 3.47 billion in 2025 before increasing to USD 4.15 billion by 2030. The Phenolic Molding Compound Market is expected to grow at a CAGR of 3.7% during 2025-2030. Phenolic molding compounds...
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