How big is the Bakelite Market?

The Bakelite Market size is expected to reach USD 3.51 billion in 2024 and grow at a CAGR of greater than 3.5% to reach USD 4.22 billion by 2029. Read More

What is the current Bakelite Market size?

In 2024, the Bakelite Market size is expected to reach USD 3.51 billion. Read More

Who are the key players in Bakelite Market?

Sumitomo Bakelite Co., Ltd., Hexion, Romit Resins Pvt. Ltd., Elkor and O-Yang Product Co., Ltd are the major companies operating in the Bakelite Market. Read More

Which is the fastest growing region in Bakelite Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Bakelite Market?

In 2024, the Asia Pacific accounts for the largest market share in Bakelite Market. Read More

What years does this Bakelite Market cover, and what was the market size in 2023?

In 2023, the Bakelite Market size was estimated at USD 3.39 billion. The report covers the Bakelite Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Bakelite Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Bakelite Market - Size, Share & Industry Analysis

Bakelite Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Bakelite Market is segmented by Form (Sheet, Rod, Board, and Other Forms), Type (Alcohol Soluble, Oil Soluble, Modified, and Other Types), End-user Industry (Automotive, Electronics, Aerospace, Power Generation, and Other End-user Industries) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East & Africa).

Bakelite Industry Overview

The bakelite market is consolidated in nature, with a few major players dominating a significant share of the market demand. Some of the major companies include (not in any particular order) Sumitomo Bakelite Co. Ltd., Elkor, Hexion, Romit Resins Pvt. Ltd., and O-Yang Product Co. Ltd., among others.