Bisphenol-A Market Trends: Industry Analysis, Market Size, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global bisphenol-a market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Bisphenol-A refers to an organic and colorless synthetic compound that is utilized to manufacture epoxy resin and polycarbonate plastic. It is usually procured from diphenylmethane and bisphenol derivatives. In line with this, it is heat resistant, flame retardant, and exhibits excellent electrically conductive properties. Furthermore, as compared to other hydrocarbons with a similar molecular weight, bisphenol-A is more soluble in water and has stronger hydrogen bonding. It is categorized into polycarbonate resins, epoxy resins, unsaturated polyester resins, etc. Consequently, it finds extensive applications in numerous industries, including electrical, pharmaceuticals, food and beverage (F&B), automotive, construction, telecommunications, etc., across the globe.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
Global Bisphenol-A Market Trends and Drivers:
The escalating demand for polycarbonates for the manufacturing of paint and coatings is primarily driving the bisphenol-A market. Additionally, the widespread product adoption in automotive airbags, fuel tanks, window frames, etc., is also catalyzing the market growth. Besides this, the rising utilization of bisphenol-A in the production of environment-friendly windmill systems and the inflating need for the compound based in plastic containers and cans are acting as significant growth-inducing factors. Moreover, the growing popularity of bisphenol-A in the synthesis of polyether ketones and polysulfone, which are used as antioxidants in various plasticizers and as a polymerization inhibitor in PVC pipes, is further positively influencing the global market. Apart from this, the introduction of phenolic resins that offer unique toughness, dimensional stability, optical clarity, high heat resistance, etc., to electrical components, such as electron tubes, insulators, sockets, etc., is expected to fuel the bisphenol-A market in the coming years.
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Global Bisphenol-A Market Segmentation:
The market is segmented in on the basis of type, end use and region.
- End use
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The report also provides insights on the competitive landscape of the global bisphenol-a market industry with the leading players profiled in the report.
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