Phenol formaldehyde resins (PF) or Phenolic resins are artificial polymers obtained by the reaction of phenol and substituted phenol with formaldehyde. Used as the foundation for Bakelite, PFs have been the first commercial artificial resins (plastics). They have been widely used because of the production of molded products which includes billiard balls, laboratory countertops, and as coatings or adhesives. There are two primary production methods. One reacts phenol and formaldehyde at once according to production a thermosetting network polymer, while the other restricts the formaldehyde according to produce a prepolymer known as volcano which can be molded and afterward cured with the addition of more formaldehyde and heat.
Phenolic resin is used as a binder among loudspeaker driver suspension elements which are made of cloth. Higher end billiard balls are made from Phenolic resins, as adverse to the polyesters used in less expensive sets. Sometimes people choose Fibre bolstered Phenolic resin parts because their coefficient about hot expansion closely fits to that amount of the aluminium used for other parts of a system, so in early computer systems and Dura mold.
Phenolic resins are also used for making external plywood generally recognized as climate and boiling proof (WBP) plywood because Phenolic resins have no melting point but only a decomposing point among the temperature zone of 220°C (428°F) and above. The polymer is made of carbon, hydrogen, oxygen, and sometimes nitrogen. Its molecular weight varies from an entirely low value during its early state of formation to almost infinity among its closing state of cure. The chemical configuration, among the thermoset state, is normally represented through a three dimensional network in which the Phenolic nuclei are connected by methylene groups.
A considerable product demand is generated from other applications, such as the manufacturing of engineered laminated composite lumber (LCL) and oriented strand boards (OSBs). During the forecast period, the market is also anticipated to witness a high demand because of novolak resins, due to their mold ability, which interprets in their excessive adoption across several enterprise verticals.
The international Phenolic Resins market size was once valued at USD 12.63 billion in 2019 and is predicted to grow at a CAGR over 5.4% throughout the forecast period. Expansion of end-use industries such as automotive, construction and consumer electronics is probably in accordance with drive demand for these unique resins. Entrepreneurs who invest in this project will be successful.
Few Indian Major Players
· Amity Thermosets Pvt. Ltd.
· Kothari Phytochemicals & Inds. Ltd.
· Resins & Plastics Ltd.
· Tipco Polymers Pvt. Ltd.
