Press release
Bisphenol A Market Emerging Trends, Regional Analysis and Forecast 2029
6.9.2023: Bisphenol A Market is expected to grow at a CAGR of 5.46% during the forecast period and market is projected to reach USD 32.49 Bn. by 2029.Bisphenol A Market Report Scope and Research Methodology
Report Scope: This comprehensive research report delves into the Bisphenol A market, offering valuable insights into its dynamics, growth drivers, market segmentation, regional perspectives, and more.
Research Methodology: The report's findings are based on a robust research methodology that includes data analysis, market trends evaluation, and an assessment of the COVID-19 pandemic's impact on market leaders, followers, and disruptors. For more details, refer to the Research Methodology section.
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What are Bisphenol A Market Dynamics?
Market Drivers:
The global Bisphenol A market is being driven by several key factors:
High-Performance Materials: Bisphenol A serves as an essential intermediate for high-performance polymer plastics, extensively used in industrial applications and consumer goods, including food and beverage containers, water bottles, and more.
Epoxy Resins: Epoxy resins, containing Bisphenol A, are utilized for coating metal products, such as water supply lines and food/beverage cans. They are also used in composites and dental sealants.
Growing Demand: Increasing demand for epoxy resins and polycarbonate in various industries like adhesives, coatings, electrical and electronics, packaging, and more is a significant driver of the Bisphenol A market.
Food and Beverage Sector: Bisphenol A finds applications in the food and beverage sector, contributing to its dynamic growth.
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Bisphenol A Market Segmentation?
by Application
Epoxy resins
Polycarbonates Resins
Flame retardants
Polyacrylat
Polyetherimide
Polysulfone resins
Unsaturated polyester resins
Other Applications
Based on the application, it is predicted that polycarbonate will account for the largest 75% of consumption, or 6085.5 units of BPA in 2019, and will increase to 2,414.7 units in 2029. extensive use of polycarbonate in storage products, including water bottles, food and drink containers, electrical and electronic equipment, baby bottles, and other items. In addition, rising demand for dental composites and sealants from the medical and dental equipment industries is projected to result in significant demand for polycarbonates in the upcoming years.
by End Use
Appliances
Eye wear
Automotives component
Consumer
Construction
Electrical and Electronics
Wind Energy Composites
Paint and Coating
Green House
Others
Who are Bisphenol A Market Key Players?
1. Covestro AG
2. DowDuPont Inc.
3. Mitsui Chemical Inc.
4. SABIC Innovative Plastics
5. Bayer Material Science
6. Vinmar International
7. Dow Chemical
8. LG Chemical
9. Kumho
10. P&B Chemicals
11. Formosa Plastics
12. Samyang Innochem
13. Teijin
14. Chang Chun Plastics Co Ltd
15. Hexion Inc.
16. Mitsubishi Chemical Corporation
17. Nan Ya Plastics Corporation
18. Nippon Steel & Sumikin Chemical Co Ltd
19. Olin Corporation
20. Kingboard Holdings
21. Rhodia Brasil
22. Sunoco Chemicals
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Regional Insights:
North America and Europe: These regions are experiencing steady growth, with CAGRs of 4.5% and 4.3%, respectively, from 2022 to 2029. However, regulatory restrictions in the European Union and Canada have impacted demand for Bisphenol A.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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