Bisphenol A Market Trends, Growth, Industry & Revenue [2030]

Segments - 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

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

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.

Attributes	Details
Report Title	Bisphenol A Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Applications (Polycarbonate Resins, Epoxy Resins, Unsaturated Polyester Resins, Flame Retardants, and Other Applications)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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 Report
The bisphenol A market has been segmented on the basis of

Applications

Polycarbonate Resins
Epoxy Resins
Unsaturated Polyester Resin
Flame Retardants
Other Applications

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

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.

Bisphonal A Market By Key Players

Table Of Content

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 (000â€™ 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