Bisphenol A Market: Current Analysis and Forecast (2022-2028)

The global bisphenol A market is likely to showcase a growth of around 6% during the forecast period. Bisphenol A is a crucial raw material used in the production of high-performance polymer plastics and coatings. It is an essential building block for polycarbonate, without bisphenol A, polycarbonate would not be a versatile material. Polycarbonate is widely used in the automotive industry owing to its lightweight and high strength. Further, it founds applications ranging from bulletproof windows to compact disks. It is known for its unbeatable strength at lightweight and the unbreakable quality made industries use it for wide purposes. It is expected that the demand for polycarbonate would increase during the forecast period as industries are shifting towards lightweight substitutes without compromising the quality. This, in turn, would propel the demand for bisphenol A. Also, Bisphenol A is commonly used in epoxy resin coatings that use in metal food cans, bottle tops, and water supply pipes. As the global demand for packaged food & beverage is growing and rising infrastructure activities across the globe, it is expected that it will fuel the market for bisphenol A.

Insights Presented in the Report:

"Amongst application, polycarbonates category held the majority share of the market in 2020"

Based on application, the market is categorized into polycarbonates, epoxy resins, and others. Among these, polycarbonate held the majority share of the market and is expected to retain its position during the forecast period. A large amount of global bisphenol production goes into the polycarbonate manufacturing process as bisphenol A provides the rigidity and clear surface. As a result, polycarbonate is increasingly preferred among end-use industries like automotive, electrical & electronics, and building & construction.

"Asia-Pacific is likely to showcase significant growth during 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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Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry

The study comprehensively covers the market across different segments

Deep dive country-level analysis of the industry

Customization Options:

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