Bisphenol A Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 

Global demand for bisphenol A has maintained a stable path over the years due to robust growth in emerging economies like China and India. The presence of large bisphenol A end-use industries in these countries owing to high growth opportunities, low manufacturing costs along with less stringent governmental regulations is boosting the demand for bisphenol A. Further, the increasing adoption of high-performance plastics including polycarbonates over metals and glass owing to polycarbonate’s low weight and high strength is supporting the bisphenol A market. Bisphenol A is an industrial chemical used to make a hard and clear polycarbonate therefore without using bisphenol A, the plastic will not obtain all the properties which make it the industry’s preferred material. However, stringent regulation on the use of bisphenol A owing to its possible health effects on the brain and prostate gland of fetuses, infants, and children, can provide a hindrance to its growth. For instance, the new EU bisphenol A regulation reduces the specific migration limit for bisphenol A from 0.6 mg/kg to 0.05 mg/kg and expands the ban on the use of bisphenol A in the manufacture of polycarbonate infant feeding bottles to polycarbonate drinking cups or bottles.

According to UnivDatos Market Insights (UMI)’ research report “Global Bisphenol A Market”, the market is expected to showcase a growth of around 6% during the forecast period. Bisphenol A is widely consumed in the manufacturing process of polycarbonates. As the world is moving toward lightweight products which simultaneously provide high strength. As a result, the consumption of polycarbonates is increasing across industries, especially in automotive and electrical & electronics. This in turn propels the demand for bisphenol A.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=31300

Based on application, the market is categorized into polycarbonates, epoxy resins, and others. During the forecast period, polycarbonates are expected to showcase robust growth owing to the increasing focus of automotive companies on reducing vehicle weight which not only increases vehicle efficiency but also aids in sustainability. Since polycarbonates are a lightweight substitute for heavy metals and glass, therefore the industry is increasingly adopting polycarbonates in the vehicle interior and exterior applications.

Asia-Pacific is expected to showcase robust growth over the forecast period

For a better understanding of the market adoption of Bisphenol A, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. The Asia-Pacific region captured a majority share of the global Bisphenol A market, and it is likely to take more position in the market during the forecast period. Large and growing end-use industries in regional economies like China, India, and ASEAN countries along with a growing population coupled with rising disposable income are fueling the market growth. Further, investors have positive sentiment toward the regional market due to the positive market outlook of the region, as a result, regional economies are witnessing huge capital inflow in the manufacturing sector, which in turn growing the end-markets for bisphenol A, thereby propelling bisphenol A demand.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global bisphenol A market include Chang Chun Group, Hexion Inc., Mitsubishi Chemical Corporation, Kumho P&B Chemicals Inc., LG Chem Ltd., Lihua Yiweiyuan Chemical Co. Ltd., Mitsui Chemicals Inc., Nan Ya Plastics Corporation, China National Bluestar (Group) Co. Ltd., PTT Global Chemical Public Company Limited. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

“Global Bisphenol A Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

Market Segmentation:

1.      By Application (Polycarbonates, Epoxy Resins, and Others)

2.      By Region (North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of APAC), and Rest of World)

3.      By Company (Chang Chun Group, Hexion Inc., Mitsubishi Chemical Corporation, Kumho P&B Chemicals Inc., LG Chem Ltd., Lihua Yiweiyuan Chemical Co. Ltd., Mitsui Chemicals Inc., Nan Ya Plastics Corporation, China National Bluestar (Group) Co. Ltd., PTT Global Chemical Public Company Limited)

Key questions answered in the study:

1.      What are the current and future trends of the global bisphenol A industry?

2.      How the industry has been evolving in terms of application?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global bisphenol A industry?

5.      What are the customer orientation, purchase behavior, and expectations from the global bisphenol A suppliers across various region and countries?