In June 2025, WENKH officially released the “Global Phenolic Resin for Friction Materials Market Competitors, Segment Types and Downstream Applications Research Report 2025". Centered on phenolic resin, the report provides a systematic overview of its market status, development trends, industrial structure, and competitive landscape in the friction materials sector. It aims to deliver in-depth and comprehensive industry insights for stakeholders across the value chain, including upstream and downstream enterprises, investors, R&D institutions, and policy-makers.
1. Market Overview
The report begins by defining the scope and classification of phenolic resin friction materials, covering key product types such as liquid phenolic resin and powdered phenolic resin. It focuses on their performance across critical friction applications, including the automotive, railway, and aerospace industries.
Using detailed datasets and predictive modeling, the report offers a comprehensive forecast and trend analysis of the global and Chinese markets from 2020 to 2032. It uncovers growth potential and cyclical fluctuations in key sectors such as automotive braking systems, rail transit, and industrial braking applications.
The report also explores different stages of industry evolution, identifies core growth drivers, and outlines future possibilities for technological substitution and application expansion.
2. In-Depth Industry Chain Analysis
Adopting a full value chain perspective, the report thoroughly maps the industry structure—from upstream raw materials (e.g., phenol, formaldehyde, fiber reinforcements), through midstream resin manufacturers, to downstream friction material processors and end-user industries.
It analyzes supply-demand dynamics, production shifts, and structural changes in downstream applications, while integrating the impacts of policy regulations, technological advancements, and environmental compliance pressures to build a comprehensive industry environment model.
To further assess market dynamics, the report applies Porter’s Five Forces Model, evaluating the sector through the lenses of industry rivalry, substitute threats, supplier and buyer bargaining power, and barriers to entry.
3. Globally Competitive Landscape
The report consolidates core data—such as sales volume, revenue, and market share—from major players global markets. It presents a detailed comparative analysis of the competitive positioning and strategic shifts among leading companies.
In the key enterprise profiles section, the report offers in-depth insights into a selection of prominent global and Chinese companies, including:
Sumitomo Bakelite (Japan)
Hexion (USA)
Mitsui Chemicals (Japan)
DIC Corporation (Japan)
Shengquan Group (China)
KANGNAM CHEMICAL (South Korea)
Shandong Laiwu Runda New Material Co., Ltd. (China)
Zhejiang Hangzhou Friction Composites Co., Ltd. (China)
For each company, the report provides detailed information on business layout, key product characteristics, regional sales strategies, financial performance, and market positioning and development strategies within the friction materials industry.
4. Regional and Country-Level Market Analysis
Market data at the national level: Regional breakdowns: North America (U.S., Canada), Europe (Germany, France, U.K., Italy), Asia-Pacific (China, Japan, South Korea, India, Vietnam, Indonesia), Latin America (Brazil, Mexico), Middle East & Africa (South Africa)
5. Report Value and Application Scenarios
This report serves the needs of a wide range of industry participants:
Raw Material Suppliers and Resin Manufacturers:
For capacity planning and product strategy development.
Friction Material Processors and End-Users:
To identify suitable material partners and emerging technology pathways.
Investment Institutions and Industry Funds:
To explore market opportunities and assess M&A value.
Research Institutions and Policy-Makers:
To guide R&D efforts, formulate industrial policies, and advance green transition initiatives.