Bisphenol A Market Size, Share, Key Players, Growth Trend, and Forecast, 2021–2028
- sareena shaikh
- Aug 23, 2022
- 4 min read
The Global Bisphenol A market drivers and restraints Market report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
The bisphenol A market size is expected to reach USD 30.52 Billion in 2028, and register a CAGR of 5.3% during the forecast period. Steady market revenue growth of Bisphenol A (BPA) can be attributed to increasing 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 for improving fuel-efficiency as well as stopping them 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). In addition, use of polycarbonate delivers better dimensional stability, excellent scratch resistance, and enhanced aesthetics to automotive.
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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
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
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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