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Bakelite Industry Surges Amid Rising Thermoset Applications

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The global Bakelite market is projected to reach USD 11.50 billion by 2035, growing at a steady CAGR of 2.31%. This growth is driven by rising demand across automotive, electrical, and construction industries due to Bakelite’s superior durability, heat resistance, and cost efficiency. Technological advancements and sustainable material innovations are also boosting its adoption in var... https://industrytoday.co.uk/chemicals/bakelite-market-expected-to-hit-usd-1150-billion-by-2035-with-a-remarkable-231-cagr

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