Bisphonal A Market by Applications (Polycarbonate Resins, Epoxy Resins, Unsaturated Polyester Resins, Flame Retardants, and Other Applications) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global bisphenol A market size is anticipated to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rapid growth of the construction industry.
Bisphonal A (BPA) is an industrial chemical that is used in making certain plastics and resins. It is found in polycarbonate plastics and epoxy resins. BPA is a colorless crystalline solid that is soluble with organic chemical compound but poorly soluble in water. It is harmful as a concern of possible negative impact to organs. BPA applications include electronics, construction materials, automotive, and date centers. It provides protective coating to the product.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for automotive spare parts is anticipated to fuel up the market growth.
- Rising R&D activities to introduce bio-based products is estimated to foster the growth of the market growth during the forecast period.
- Growing demand for polycarbonates in end-user household goods and rising use of the chemical in medical devices are expected to drive the market growth.
- Lack of capital for investment in manufacturing processes and research and development (R&D) initiatives can hinder the overall growth of the market.
- The alternatives of BPA over health concerns can create challenges, disrupting the market growth.
- Growing requirement for developing new products while maintaining low costs can create lucrative opportunities for emerging players in the market.
Scope of the Report
The report on the global bisphenol A market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Bisphenol A Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Applications (Polycarbonate Resins, Epoxy Resins, Unsaturated Polyester Resins, Flame Retardants, and Other Applications) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Covestro AG; Mitsubishi Chemical Corporation; Mitsui Chemical Inc.; SABIC; and LG Chem |
Bisphenol A Market Segment Insights
Epoxy resins segment is expected to grow at a rapid pace
Based on applications, the market is segregated into polycarbonate resins, epoxy resins, unsaturated polyester resins, flame retardants, and other applications. The epoxy resins segment is expected to grow at a rapid pace during the forecast period due to increasing demand for water-theme parks. However, the polycarbonate resins segment is anticipated to hold a key share of the market in the coming years owing to their lightweight high performance resin characteristic. This increases their deployment in electronic components such as shock absorber and UV protection.
Asia Pacific is anticipated to constitute a major market share
In terms of regions, the bisphonel A market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to constitute a key share of the market during the projected period due to rising use of mosaic tiles that uses epoxy resins. The COVID-19 outbreak led to the halt in the construction activities, which in turn, disrupted the sales of paints & coatings. However, relaxation on restrictions is anticipated to help the market recover soon. On the other hand, the market in North America is anticipated to expand at a rapid pace during the forecast period owing to the rising support of government bodies on infrastructure developments.
Segments
Segments Covered in the ReportThe bisphenol A market has been segmented on the basis of
Applications
- Polycarbonate Resins
- Epoxy Resins
- Unsaturated Polyester Resin
- Flame Retardants
- Other Applications
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- Covestro AG
- Mitsubishi Chemical Corporation
- Mitsui Chemical Inc.
- SABIC
- LG Chem
Competitive Landscape
Key players competing in the bisphenol A market are Covestro AG; Mitsubishi Chemical Corporation; Mitsui Chemical Inc.; SABIC; and LG Chem.
In August 2021, Mitsubishi Chemical Corporation announced the investment of USD 915 Million to construct a resins plant to ramp up the production process.
In July 2021, Saudi Basic Industries Corporation (SABIC) launched sustainable polycarbonate film and sheet products. The new bio-based LEXAN film is manufactured from polycarbonate resins, which helps in lessening the carbon footprint.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bisphenol A Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bisphenol A Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bisphenol A Market - Supply Chain
4.5. Global Bisphenol A Market Forecast
4.5.1. Bisphenol A Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bisphenol A Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Bisphenol A Market Absolute $ Opportunity
5. Global Bisphenol A Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Bisphenol A Market Size and Volume Forecast by Applications
5.3.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Bisphenol A Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Bisphenol A Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Bisphenol A Demand Share Forecast, 2019-2026
7. North America Bisphenol A Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Bisphenol A Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Bisphenol A Market Size and Volume Forecast by Applications
7.4.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Bisphenol A Demand Share Forecast, 2019-2026
8. Latin America Bisphenol A Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Bisphenol A Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Bisphenol A Market Size and Volume Forecast by Applications
8.4.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Bisphenol A Demand Share Forecast, 2019-2026
9. Europe Bisphenol A Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Bisphenol A Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Bisphenol A Market Size and Volume Forecast by Applications
9.4.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Bisphenol A Demand Share Forecast, 2019-2026
10. Asia Pacific Bisphenol A Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Bisphenol A Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Bisphenol A Market Size and Volume Forecast by Applications
10.4.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Bisphenol A Demand Share Forecast, 2019-2026
11. Middle East & Africa Bisphenol A Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Bisphenol A Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Bisphenol A Market Size and Volume Forecast by Applications
11.4.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Bisphenol A Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Bisphenol A Market: Market Share Analysis
12.2. Bisphenol A Distributors and Customers
12.3. Bisphenol A Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Covestro AG Mitsubishi Chemical Corporation Mitsui Chemical Inc. SABIC LG Chem
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bisphenol A Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bisphenol A Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bisphenol A Market - Supply Chain
4.5. Global Bisphenol A Market Forecast
4.5.1. Bisphenol A Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bisphenol A Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Bisphenol A Market Absolute $ Opportunity
5. Global Bisphenol A Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Bisphenol A Market Size and Volume Forecast by Applications
5.3.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Bisphenol A Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Bisphenol A Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Bisphenol A Demand Share Forecast, 2019-2026
7. North America Bisphenol A Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Bisphenol A Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Bisphenol A Market Size and Volume Forecast by Applications
7.4.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Bisphenol A Demand Share Forecast, 2019-2026
8. Latin America Bisphenol A Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Bisphenol A Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Bisphenol A Market Size and Volume Forecast by Applications
8.4.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Bisphenol A Demand Share Forecast, 2019-2026
9. Europe Bisphenol A Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Bisphenol A Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Bisphenol A Market Size and Volume Forecast by Applications
9.4.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Bisphenol A Demand Share Forecast, 2019-2026
10. Asia Pacific Bisphenol A Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Bisphenol A Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Bisphenol A Market Size and Volume Forecast by Applications
10.4.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Bisphenol A Demand Share Forecast, 2019-2026
11. Middle East & Africa Bisphenol A Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Bisphenol A Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Bisphenol A Market Size and Volume Forecast by Applications
11.4.1. Polycarbonate Resins Epoxy Resins Unsaturated Polyester Resin Flame Retardants Other Applications
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Bisphenol A Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Bisphenol A Market: Market Share Analysis
12.2. Bisphenol A Distributors and Customers
12.3. Bisphenol A Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Covestro AG Mitsubishi Chemical Corporation Mitsui Chemical Inc. SABIC LG Chem
Segments Covered in the Report
The bisphenol A market has been segmented on the basis of
Applications
The bisphenol A market has been segmented on the basis of
Applications
- Polycarbonate Resins
- Epoxy Resins
- Unsaturated Polyester Resin
- Flame Retardants
- Other Applications
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- Covestro AG
- Mitsubishi Chemical Corporation
- Mitsui Chemical Inc.
- SABIC
- LG Chem
Key players competing in the bisphenol A market are Covestro AG; Mitsubishi Chemical Corporation; Mitsui Chemical Inc.; SABIC; and LG Chem.
In August 2021, Mitsubishi Chemical Corporation announced the investment of USD 915 Million to construct a resins plant to ramp up the production process.
In July 2021, Saudi Basic Industries Corporation (SABIC) launched sustainable polycarbonate film and sheet products. The new bio-based LEXAN film is manufactured from polycarbonate resins, which helps in lessening the carbon footprint.
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