The global bisphenol A market size is expected to reach USD 30.52 Billion at a revenue CAGR of 5.3% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth of Bisphenol A (BPA) is attributed to increase demand for polycarbonates in automotive manufacturing. A significant volume of BPA produced worldwide is consumed in manufacturing of polycarbonate plastic, which is widely used in various end-use industries, including automotive, due to its enhanced thermal resistance and impact resistance. Use of polycarbonate plastic in automotive manufacturing is primarily due to growing demand for lightweight vehicles to improve fuel-efficiency. In addition, such vehicles can be easily stopped on brake application, resulting in reduced collision and safer driving experience. A typical automotive comprises polycarbonate plastic in numerous forms, such as injection molded polycarbonate (displaced glass and headlights), in combination with polybutylene terephthalate (PBT) and acrylonitrile butadiene styrene (ABS) polymers (automotive interior and under-the-bonnet uses). Use of polycarbonate also delivers better dimensional stability, excellent scratch resistance, and enhanced aesthetics to automotive.
Increasing demand for epoxy resins to produce high-performance coating products is significantly fueling market revenue growth. Bisphenol A is a crucial component used in the production of epoxy resins, which, in turn, is used in various applications, such as floor coating, due to its durable and tough finish. Concrete floor coatings based on epoxy resins last longer and are highly resistant to chemical detergents, moisture, acid, and high temperature. Epoxy resin coatings deliver better safety due to their anti-skid properties in commercial, residential, and industrial applications.
However, the hazardous effect of bisphenol A (BPA) on human health and strict legislative regulations regarding the use of bisphenol A-based plastics in the food & beverage industry is expected to restraint market revenue growth over forecast period.
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Competitive Landscape and Bisphenol A Market Share Analysis
The report elaborates on various national and international business development prospects and explains the competitive landscape of the global Bisphenol A market. The market size estimation and forecasts have been detailed in this report. The authors have studied the historical background of the Bisphenol A market, keeping in mind the organic and inorganic growth prospects and threats for the market. Thus, the latest report offers precise estimates of the global market size for the forecast period.
The major companies Covered in the report are:
LG Chem Ltd., Covestro AG, The Dow Chemical Company, SABIC, Kumho P&B Chemicals Inc., Mitsui Chemicals, Teijin Limited, China National Bluestar (Group) Co. Ltd., Nan Ya Plastics Corporation, and Samyang Holdings Corporation
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Highlights of Global Bisphenol A Market Report
- Examines the Bisphenol A industry prospects and quickly compares historical, current, and projected market figures.
- This report examines growth constraints, market drivers and challenges, and current and prospective development prospects.
- Key market participants are evaluated based on various factors, including revenue share, price, regional growth, and product portfolio, to demonstrate how market shares have changed in the past and are expected to change in the future.
- Describes the expansion of the global high purity isobutylene market across various industries and geographies. This allows players to concentrate their efforts on regional markets with the potential for rapid growth shortly.
- Discuss the global, regional, and national ramifications of COVID-19.
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Segments Covered in this report are:
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Epoxy Resins
- Polycarbonate Resins
- Unsaturated Polyester Resins
- Flame Retardants
- Polysulfone Resins
- Polyacrylate
- Others
- Industry Vertical Outlook (Revenue, USD Billion; 2018–2028)
- Automotive
- Electronics
- Medical
- Paints & Coatings
- Packaging
- Others
- Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)
- Direct
- Indirect
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Geographical Scenario:
The global Bisphenol A market has been categorized into several important geographical regions. In this section, authors of the report have studied the presence of the global Bisphenol A market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Contents:
Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.
Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and global market size. It also covers market share and growth rate by regions.
Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.
Breakdown by Product and Application: This section provides details about market size by product and application.
Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.
Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.
Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.
Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.
Reasons for Doing This Study
This study provides critical information on the global market’s current size and projected growth for Bisphenol A and its related industries. It also discusses geography’s market characteristics, significant suppliers, consumer preference trends, and market prospects. As many countries are in a recession, firms are attempting to weather the storm by limiting unanticipated losses and spending related to the Bisphenol A market.
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