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Global Bisphenol A (BPA) Market Report and Forecast 2023-2028

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    Report

  • 104 Pages
  • March 2023
  • Region: Global
  • Expert Market Research
  • ID: 5775238
According to the report, the global bisphenol A (BPA) market attained a value of USD 20.95 billion in 2022. Aided by the growing demand for polycarbonate plastics and epoxy resins in various industries, the market is projected to further grow at a CAGR of 8.9% between 2023 and 2028 to reach a value of USD 35.59 billion by 2028.

A synthetic organic chemical known as bisphenol A, or BPA, is generated in huge amounts principally for the manufacture of epoxy resins and polycarbonate plastics. The substance has two hydroxyphenyl groups and is a member of the diphenylmethane derivative and bisphenol families. It is a colourless solid and is soluble in organic solvents.

The growing demand for polycarbonate plastics and epoxy resins across various industries is driving the global bisphenol A (BPA) market growth. The increasing use of polycarbonate plastics in automotive components, electrical devices, and consumer goods has fuelled the demand for BPA as a key raw material. Similarly, the expanding applications of epoxy resins in the aerospace, electronics, and packaging sectors have contributed to the growth of the BPA market.

Rising urbanisation and rapid industrialisation are other key factors propelling the growth of the BPA market. The expansion of the construction industry, particularly in emerging economies, has led to an increased demand for polycarbonate plastics and epoxy resins. These materials are used in the construction of energy-efficient buildings, greenhouses, and glazing applications, further driving the demand for BPA.

Meanwhile, the expanding applications of BPA in the production of flame retardants, unsaturated polyester resins, and other niche applications are expected to provide new growth opportunities for the global bisphenol A (BPA) market. Also, ongoing research and development projects to enhance the performance and safety of BPA-based materials are probably going to support market expansion in the upcoming years.

The development of bio-based BPA alternatives derived from renewable resources is one of the emerging trends in the bisphenol A (BPA) market. These alternatives are expected to reduce the environmental impact of BPA production while addressing the health concerns associated with BPA exposure. As the demand for sustainable and eco-friendly materials continues to grow, the adoption of bio-based BPA alternatives could potentially reshape the market landscape.

Market Segmentation

The market can be divided based on application, end use, and region.

Market Breakup by Application

  • Polycarbonate Resins
  • Epoxy Resins
  • Unsaturated Polyester Resins
  • Flame Retardants
  • Others

Market Breakup by End Use

  • Appliances
  • Automotive
  • Construction Materials
  • Electrical and Electronics
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global bisphenol A (BPA) companies. Some of the major key players explored in the report are as follows:
  • The Dow Chemical Company
  • Teijin Co., Ltd
  • LG Chem
  • SABIC
  • Kumho P&B Chemicals. Inc
  • Others
*The publisher always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Bisphenol A (BPA) Market Analysis
8.1 Key Industry Highlights
8.2 Global Bisphenol A (BPA) Historical Market (2018-2022)
8.3 Global Bisphenol A (BPA) Market Forecast (2023-2028)
8.4 Global Bisphenol A (BPA) Market by Application
8.4.1 Polycarbonate Resins
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Epoxy Resins
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Unsaturated Polyester Resins
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Flame Retardants
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Bisphenol A (BPA) Market by End Use
8.5.1 Appliances
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Automotive
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Construction Materials
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Electrical and Electronics
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Bisphenol A (BPA) Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Feedstock Market Analysis
13.1 Global Acetone Market Analysis
13.1.1 Key Industry Highlights
13.1.2 Global Acetone Historical Market (2018-2022)
13.1.3 Global Acetone Market Forecast (2023-2028)
13.2 Global Phenol Market Analysis
13.2.1 Key Industry Highlights
13.2.2 Global Phenol Historical Market (2018-2022)
13.2.3 Global Phenol Market Forecast (2023-2028)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 The Dow Chemical Company
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Teijin Co., Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 LG Chem
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 SABIC
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Kumho P&B Chemicals. Inc.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Industry Events and Developments

Companies Mentioned

  • The Dow Chemical Company
  • Teijin Co., Ltd.
  • LG Chem
  • SABIC
  • Kumho P&B Chemicals. Inc.

Methodology

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Table Information