Quick Summary:
In the modern world, Bisphenol A (BPA) is instrumental in creating everyday products from CDs to helmets. Its increasing demands stem from its versatility as a vital component in manufacturing polycarbonate and epoxy resin. This report offers deep insights into the global BPA market's structure, key industry players, and regional consumption trends to help you make informed business decisions.
The Asia Pacific region is the dominant consumer and producer of BPA, setting a crucial trend in the global BPA market. A significant portion of the BPA market is bifurcated among polycarbonate resins, epoxy resins, unsaturated polyester resins, and flame retardants industries, with polycarbonate resins holding the lion's share. Staying informed about these market dynamics will enable you to strategize effectively for the future, catering to the shifting demands and ensuring your business's sustained growth. This detailed analysis of the BPA landscape will be a valuable asset in navigating your operations in an ever-evolving industry.
The global Bisphenol A market stood around 5500 thousand tonnes in 2021 and is expected to grow at a CAGR of 3.48% in the forecast period until 2032.The Global Bisphenol a Market Stood Around 5500 Thousand Tonnes in 2021 and is Expected to Grow at a CAGR of 3.48% in the Forecast Period Until 2032
- Bisphenol A is a colorless solid which is miscible in organic solvents while soluble in water. One may encounter BPA in everyday products like CDs, plastic bowl, helmets, mobile phone etc. BPA is produced by condensation of phenol and acetone in 2:1 ratio. BPA is an additive which not only lead to production of Polycarbonate resin & epoxy resin but also PVC & for the coating of thermal paper. It is used as an additive in brake fluid and in dental filling and sealing materials. Used in inner coating of canes. BPA derivates have vast applications and can be detected in aluminum bottles, beverages cans etc.
Since Bisphenol A is employed as a solvent in polyester, polycarbonate, epoxy resins, and polyurethanes, which are extensively used in automotive, marine, and protective coatings, there is a growing need for the chemical as a solvent. The market for polycarbonates is expected to rise, and the automotive industry is expected to expand significantly. Owing to these reasons, the Bisphenol A demand is estimated to reach 8000 thousand tonnes by the forecast period till 2032.
Based on region-wise consumption, the Asia Pacific is leading the global Bisphenol A market, followed by Europe and North America. In 2021 Asia Pacific consumed approximately 55% of the market. Furthermore, Asia Pacific region also dominates the Bisphenol A market in terms of production and accounted for roughly 35% of global capacity as of 2021.
Based on the end-user industry, the global Bisphenol A market is bifurcated into Polycarbonate resins, Epoxy Resins, Unsaturated Polyester resins, Flame Retardants, and Others. Among these industries, Polycarbonate resins industry is the major consumer and accounted for nearly half of the Bisphenol A market in 2021. Polycarbonate resins is anticipated to maintain its position in the forecast period. Epoxy Resins is another prominent consumer of Bisphenol A market.
Major players in the production of Global Bisphenol A market are Bayer AG, Kumho P&B Chemicals Inc, LG Chem, SABIC, Sinopec, Dow Chemicals, GE Plastics, Changchun Chemical Co.Ltd, Shell Chemicals, Saudi Kayan Petrochemical Company, Momentive Speciallity Chemicals, PTT Phenol Company Limited, and Nayna Plastics Corporation.
Years considered for this report:
- Historical Period: 2015- 2021
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2032
Objective of the Study:
- To assess the demand-supply scenario of Bisphenol A which covers production, demand and supply of Bisphenol A market in the globe.
- To analyse and forecast the market size of Bisphenol A
- To classify and forecast Global Bisphenol A market based on end-use and regional distribution.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., of Bisphenol A market in the globe.
The publisher calculated Bisphenol A demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical supply and demand of Bisphenol A across the globe. The publisher sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by the publisher.
Key Target Audience:
- Bisphenol A manufacturers and other stakeholders
- Organizations, forums and alliances related to Bisphenol A distribution
- Government bodies such as regulating authorities and policy makers
- Market research organizations and consulting companies
Report Scope:
In this report, Global Bisphenol A s market has been segmented into following categories, in addition to the industry trends which have also been detailed below:- Market, by End-use: Polycarbonate resins, Epoxy Resins, Unsaturated Polyester resins, Flame Retardants, and Others
- Market, by Sales Channel: Direct Sale and Indirect Sale
- Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.Table of Contents
Methodology
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