Bisphenol A (BPA) Market Is Likely to Experience a Strong Growth During 2021-2026
Stratview Research has published a new report titled “Bisphenol A (BPA) Market” which is segmented by Application Type (Polycarbonate Resins, Epoxy Resins, Unsaturated Polyester Resins, Flame Retardants, and Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, Bisphenol A (BPA) market is projected to witness healthy CAGR of 6.3% over the next five years. Increasing demand for polycarbonate and epoxy resins in various end-use industries, such as construction, automotive, paints and coatings, electrical & electronics, and packaging is the major factor driving high growth potential in the market during the forecast period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on the application type, the bisphenol A (BPA) market is segmented as polycarbonate resins, epoxy resins, unsaturated polyester resins, flame retardants, and others. The polycarbonate segment is expected to remain the dominant application of the market over the next five years. The growth of the segment is owing to the increasing usage of polycarbonate resins in building & construction and automotive industries, owing to its various benefits such as shatter resistance, lightweight, UV resistance, durability, strength and flexibility.
In terms of regions, Asia-Pacific is likely to maintain its supremacy in the market during the forecast period, mainly driven by China, Japan and India offering lucrative growth opportunities. China is the largest market for bisphenol A in the region as well as in the world, mainly driven by the presence of a large number of end-users in the country. China is among the largest markets for building and construction, automotive and electrical & electronics industries. Asia-Pacific region is also likely to exhibit the fastest growth in the market over the next five years. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Bisphenol A (BPA) Market:
- ALTIVIA Petrochemicals LLC
- China National BlueStar (Group) Co. Ltd
- Covestro AG
- DuPont de Nemours, Inc.
- Formosa Plastics Corporation
- Hexion Inc.
- LG Chem Ltd.
- Mitsubishi Chemical Corporation
- Mitsui Chemicals, Inc.
- SABIC
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