Bisphenol A Market (CAGR of 4.7%) 2030: Global Market Research Report, Size, Share, Forecast | ChemAnalyst
According to ChemAnalyst report, “Bisphenol A Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Market Analysis, 2015-2030”, Bisphenol A market is projected to grow at a CAGR of 4.7% during the forecast period due to increase in end use demand for the products in which BPA is a key ingredient.
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Bisphenol A (BPA) is a colorless solid which is miscible in organic solvents while soluble in water. It is produced by condensation of phenol and acetone in 2:1 ratio. BPA is an additive which not only leads to production of polycarbonate and epoxy resin but also PVC and for the coating of thermal paper. It finds extensive applications in CDs, plastic bowls, helmets, mobile phones, etc. It is also used as an additive in break fluid and in dental filling and sealing material. BPA derivatives have vast applications and can be detected in Aluminum bottles, beverages canes, etc. BPA holds a significant market share in Asia Pacific. These factors are likely to support the growth of Bisphenol-A market in the forecasted period.
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Outbreak of novel coronavirus had a significant impact on the global market of BPA. As among all other applications, polycarbonate resins application has the major market demand for BPA. Polycarbonates a high-performing thermoplastic, are widely used in building and construction application. Polycarbonates has its use in automotive industries also. As during COVID-19, countries went in complete lockdown due to which the growth of the construction and automotive industries declined, and this directly affected the growth of the Bisphenol A market. However, manufacturers are sensing speedy recovery in the market as the situation is coming back on its normal path.
According to ChemAnalyst report, “Bisphenol A Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, US is the largest producer and supplier of BPA. BPA has a significant market share in Asia Pacific Region holding around 54% share.
Key Players:
- Bayer Material Science AG
- Chang Chun Plastic Co.
- New Japan Chemical
- Dow Chemicals
- Mitsui Chemicals
- Mitsubishi Chemical Holding Corp.
- LG Chemical Co.
- Hexion Inc.
- Kumho P & G Chemicals
- Saudi Kyan Petrochemical Co., etc.
“Bisphenol A demand suffered a considerable blow after the onset of coronavirus. The major use of BPA is in the production of polycarbonate resins. Majority of BPA is used in the production of polycarbonate resin which is further used as a substitute for glass, in a variety of skylight and window applications. They are also used in making of roof domes, translucent walls. Polycarbonate resin also has a significant use in automotive industries. As during COVID-19, these industries suffered a decrement in their growths due to lockdown which also directly affected the growth of BPA market globally. But as economic activities are stabilizing, the usage of BPA in the production of epoxy resins has also increased. The demand for polycarbonates and epoxy resins is driving the market of BPA. However, due to its hazardous impact, it was found that regulation bodies in Europe is restricting the usage of BPA in certain end uses. Looking at the volatility in the market dynamics, it is important for global players to plan efficient utilization of their assets and strategize their expenditures to maintain their position in the Bisphenol-A market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.
Report Scope:
In this report, the Bisphenol A market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute | Details |
Growth Rate | CAGR of 4.7% from 2020 to 2030 |
Base year for estimation | 2019 |
Historic Data | 2013 – 2018 |
Forecast period | 2021 – 2030 |
Quantitative units | Demand in tons and CAGR from 2020 to 2030 |
Report coverage | Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends |
Segments covered | 1. Type: (Polymer BPA, Non-Polymer BPA) 2. End Use: (Polycarbonate Resin, Epoxy Resin, Others) 3. Application: (Chemical Intermediates, Additive, Others) 4. Sales Channel: (Direct/Institutional Sales, Retail Sales, Other Channel Sales) |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina |
Key companies profiled | Bayer Material Science AG, Chang Chun Plastic Co., New Japan Chemical, Dow Chemicals, Mitsui Chemicals, Mitsubishi Chemical Holding Corp., LG Chemical Co., Hexion Inc., Kumho P& G Chemicals, Saudi Kyan Petrochemical Co etc. |
Customization scope | Free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs.Explore purchase options |
Table of Contents:
- Product & Technology Overview
- Global Bisphenol A Outlook, 2013-2030
- Capacity, By Volume
- By Region (APAC, North America, Europe, South America, MEA)
- Production
- By Region (APAC, North America, Europe, South America, MEA)
- Operating Efficiency
- By Region (APAC, North America, Europe, South America, MEA)
- Capacity, By Volume
- Global Bisphenol A Demand Outlook, 2013-2030, By Volume
- By Type (Polymer BPA, Non-Polymer BPA)
- By End Use (Polycarbonate Resin, Epoxy Resin & Others)
- By Application (Chemical Intermediates, Additives & Others)
- By Sales Channel (Direct/Institutional Sales, Retail Sales & Other Channel Sales)
- By Region (APAC, North America, Europe, South America, MEA)
- Region 1* North America Bisphenol A Outlook, 2013-2030
- Capacity, By Volume
- By Country (South Korea, Japan, China, India, Thailand, Indonesia, Singapore)
- Production
- By Country (South Korea, Japan, China, India, Thailand, Indonesia, Singapore)
- Operating Efficiency
- By Country (South Korea, Japan, China, India, Thailand, Indonesia, Singapore)
- Capacity, By Volume
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