Bio-based Bisphenol-A Market To Witness an Outstanding Growth by 2031

𝐁𝐢𝐨-𝐛𝐚𝐬𝐞𝐝 𝐁𝐢𝐬𝐩𝐡𝐞𝐧𝐨𝐥-𝐀 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝟐𝟎𝟑𝟏
The global bio-based bisphenol-A market is expected to be valued at US$ 54.4 Mn in 2022
It is estimated to advance at a CAGR of 19.1% from 2022 to 2031
The global bio-based bisphenol-A market is anticipated to reach US$ 262.1 Mn by the end of 2031

𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 - https://www.transparencymarketresearch.com/bio-based-bisphenol-a-market.html

𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐢𝐨-𝐛𝐚𝐬𝐞𝐝 𝐁𝐢𝐬𝐩𝐡𝐞𝐧𝐨𝐥-𝐀 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧
Bio-based BPA is synthesized from lignin-derived aromatic compounds and bio-derived acetone in the presence of a catalyst. It is used in the production of bio-based polycarbonate plastics and novel bio-based epoxy resins with less fossil fuel-based carbon content. Bio-based BPA is largely incorporated as a monomer in a variety of polymers, namely polycarbonates, epoxy resins, polyethers, polysulfones, and polyesters. Polycarbonates are used to manufacture food & beverage containers, optical lenses, electronic & household appliances, safety helmets, telephones, automotive components, construction parts, medical equipment, and toys. Bio-based epoxy adhesives & sealants are primarily employed in the production of consumer and industrial coatings, paints, and adhesives.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85176

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐁𝐢𝐨-𝐛𝐚𝐬𝐞𝐝 𝐁𝐏𝐀 𝐢𝐧 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞 𝐨𝐟 𝐏𝐨𝐥𝐲𝐜𝐚𝐫𝐛𝐨𝐧𝐚𝐭𝐞 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬
Plastic is used to produce several personal care and daily life products. The widespread usage of plastics adversely impacts the environment. Plastics are hard to degrade and accumulate in the environment if discarded inappropriately. They may contain or release toxic components or volatile organic compounds that are harmful to human health and the habitat. Majority of plastics are manufactured from oil, which contributes to the rise in carbon footprint in the environment. Not all plastics can be recovered and reused, or have significant recycling economic value; therefore, they are liable to end up in landfills or oceans.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=85176

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐢𝐨-𝐛𝐚𝐬𝐞𝐝 𝐁𝐢𝐬𝐩𝐡𝐞𝐧𝐨𝐥-𝐀 𝐌𝐚𝐫𝐤𝐞𝐭
Europe is expected to dominate the global bio-based bisphenol-A market in terms of value by the end of 2022. The region is expected to remain highly lucrative during the forecast period. Growth of the market can be ascribed to rapid industrialization and implementation of stringent environmental regulations in the region. Asia Pacific is likely to follow Europe in terms of market growth during the forecast period. Increase in demand for bio-based BPA in China for the manufacture of polycarbonate plastics and epoxy resins is fueling the market in Asia Pacific.

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=85176

North America is projected to constitute 21.8% share of the global bio-based bisphenol-A market by the end of 2022. The market is driven by the rise in adoption of industrial automation and increase in technological reforms in the region. Latin America and Middle East & Africa are also likely to hold decent share of the global bio-based bisphenol-A market by the end of 2022.

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.