The global Bisphenol A market size was valued at US$ 7.03 Bn in 2022 and is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.3% from 2023 to 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 7.03 Bn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
8.30% |
2030 Value Projection: |
US$ 13.28 Bn |
Figure 1. Global Bisphenol Market, By Application, 2022
Bisphenol A is a high-performance thermoplastic widely used in a variety of industrial applications. Some of the primary markets for bisphenol A are the construction industry and the automotive sector. It is present in many consumer products including plastic bottles, metal cans,. It is also used in some types of dental materials. Moreover, it is used in the manufacture of epoxy resins and polycarbonate plastics. BPA has also been the subject of significant controversy due to concerns about its potential health effects. Studies have suggested that BPA may be an endocrine disruptor, which means that it can interfere with the body's hormonal system and potentially lead to adverse health effects, including reproductive problems, developmental issues, and an increased risk of certain cancers.
Market Dynamics:
the market dynamics surrounding BPA are complex and evolving, driven by a range of factors including consumer demand for safer and more sustainable products, regulatory pressures, and the development of alternative materials. As the market continues to evolve, manufacturers and investors will need to stay abreast of these trends in order to remain competitive and meet the changing needs of consumers around the world. BPA is has been widely used in vaiety of industrial applications due to its performance characteristics, concern about its potential helath effects have led to increased scrunity and regulations of its use
On the other hand, strict regulations on the usage of Global Bisphenol A market (BPA) are projected to hamper the market growth. For instance, Canada is the first country to declare BPA as toxic.
Key features of the study:
- This report provides an in-depth analysis of the Global bisphenol A market, and provides market size (US$ Bn) and Compound Annual Growth Rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the Global bisphenol A market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- The key companies covered as a part of this study include Chang Chun Group, Covestro AG, Dow, Hexion, Kumho P&B Chemicals Inc., LG Chem, Lihuayi Weiyuan Chemical Co. Ltd, Merck KGaA, Mitsubishi Chemical Corporation, Mitsui Chemicals Corporation., Nan Ya Plastics Industry Co. Ltd, Nantong Stars Synthetic Material Ltd, Nippon Steel Chemical & Material Co. Ltd, PTT Phenol Company Limited, SABIC, Samyang Holdings Corporation, Shanghai Sinopec Mitsui Chemicals Co. Ltd, and Sinopec Mitsubishi Chemical Polycarbonate (Beijing) Co. Ltd
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The Global bisphenol A (BPA) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global bisphenol A (BPA) market
Detailed Segmentation:
- By Application:
- Polycarbonate Resins
- Epoxy Resins
- Unsaturated Polyester Resins
- Flame Retardants
- Other Applications
- By Geography:
- North America
- Latin America
- Europe
- Asia-Pacific
- Middle East & Africa
- Company Profiles
- Chang Chun Group
- Covestro AG
- Dow
- Hexion
- Kumho P&B Chemicals Inc.
- LG Chem
- Lihuayi Weiyuan Chemical Co. Ltd
- Merck KGaA
- Mitsubishi Chemical Corporation
- Mitsui Chemicals Corporation.
- Nan Ya Plastics Industry Co. Ltd
- Nantong Stars Synthetic Material Ltd
- Nippon Steel Chemical & Material Co. Ltd
- PTT Phenol Company Limited
- SABIC
- Samyang Holdings Corporation
- Shanghai Sinopec Mitsui Chemicals Co. Ltd
- Sinopec Mitsubishi Chemical Polycarbonate (Beijing) Co. Ltd