Bisphenol-A Market- By End-User (Appliances, Automotives, Consumer, Construction, Electrical and Electronics), Application (Epoxy resins, Polycarbonates Resins, Flame retardants, Polyacrylat, Polyetherimide, Polysulfone resins, Unsaturated polyester resins and Other Applications) - Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Bisphenol-A Market held XXX in 2020 and is to grow with a CAGR of XXX from 2020-2030. BPA or Bisphenol A is an synthetic organic amalgam of diphenylmethane derivatives and bisphenols group. The appearance of this compound is a colorless solid and it has the ability to be soluble in organic solvents, but with low water solubility. Bisphenol A was commercially used for the manufacture of epoxy raisins and polycarbonate plastics. It has been used for the manufacture of consumer products like water bottles, sports equipment, CD's and DVD's since 1957. In addition to it, BPA finds is also used in epoxy raisins which were used in water pipes. It was also used as coatings within food boxes and beverages, and in the processing of thermal paper used in sales receipts.

Market Dynamics and Factors:

The proficient use of polycarbonate in the manufacture of plastic goods is one of the major drivers of the Global Bisphenol market. Due to increase in demand for medical & dental devices, dental sealants,  eyeglass lenses, consumer goods and foundry castings has significantly raised the demand of polycarbonate within the manufacturing industry. The main challenge for this sector is growing public awareness of safety issues associated with the use of BPA in food contact applications, because excessive consumption of BPA can cause health problems.

Market Segmentation:

Based on the end-user the Global Bisphenol-A market can be segmented into appliances, automotives, consumer, construction, electrical and electronics. Depending upon applications, the global Bisphenol-A market can be segmented into epoxy polycarbonates resins,flame retardants, resins, polyacrylat, polyetherimide, polysulfone resins, unsaturated polyester resins and others. GLobal breakdown of Bisphenol-A market comprises North America, Asia-Pacific,Europe, and RoW.

Geographic Analysis:

Europe region including France, Spain, Germany and UK bisphenol-a market will see substantial growth in the estimated time period. Bisphenol-A market is likely to grow  over the  forecasted time frame due to increase in demand for light weight composites from automobile sector, wind energy and aerospace within North America that includes Mexico, Canada and the U.S.  U.S. targets to achieve the goal of producing over 400 GW of power by the means of wind energy which will raise the regional market size. Asia Pacific region including India, China and Japan market is also expected to grow considerably in the predicted time frame due to rising automotive industry by the end users. Due to inclining market trends to substitute the  metal and glass components to make light weight vehicles will also increase the demand for polycarbonate derived from the product. Rapidly growing automobile industry in India and China will also increase the demand for polycarbonate products, which will result in increase in  market size.

Competitive Scenario:

Mitsubishi Chemical Holding Corp., Kumho P&B Chemicals, Samyang Innochem Mitsui Chemicals Inc., Chang Chun Plastics Co., Nan Ya Plastics Corp., Saudi Kayan Petrochemical Co, Momentive Specialty Chemicals Inc., Sabic Innovative Plastics, Dow Chemicals, Bayer Material Science, LG Chemical Co., and Teijin Ltd. are among major companies in global bispheno-A market space.

Bisphenol-A Market Report Scope