Bisphenol A Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

The global Bisphenol A (BPA) market reached a volume of 9219.80 KMT in 2024. The market is further expected to grow at a CAGR of 3.00% in the forecast period of 2025-2034 to reach a volume of 12390.64 KMT by 2034.

Growing Demand for Polycarbonate Resins in Various Industries to Aid the Growth of the Bisphenol A (BPA) Market

Based on application, the polycarbonate resins segment accounts for the largest share of the market. Polycarbonate resins find use in several electrical devices, such as housings, connectors, battery boxes, smartphones, and optical media, among others. The compound is a lightweight and high-performance resin, which has unique toughness, dimensional stability, optical clarity, high heat resistance, and high electrical resistance.

Over the forecast period, the growing use of polycarbonate resins in industrial applications, such as machine parts and electronic components, owing to their lightweight and superior shock absorption qualities, is likely to augment the growth of the global bisphenol A market. It also finds application in the automotive sector to make cars lighter and more fuel-efficient while maintaining safety.

The Asia-Pacific Accounts for a Significant Share in the Market

The thriving end use sectors of bisphenol A in the region, including automotive and electrical and electronics, are likely to be a driving factor for the market. The product has witnessed a significant demand in the production of consumer electronics, including smartphones, owing to the rapid digitalisation, urbanisation, growing dependence of people on technology, and rising disposable incomes. Over the forecast period, the anticipated rise in demand for polycarbonate resins in the electrical and electronics industry, especially in countries like India, China, South Korea, and Japan, is likely to aid the market growth in the region.

Market Segmentation

Bisphenol A or BPA is defined as a synthetic organic compound that is produced in large quantities primarily for the production of polycarbonate plastics and epoxy resins. The compound belongs to the group of diphenylmethane derivatives and bisphenols, with two hydroxyphenyl groups. It is a colourless solid that is soluble in organic solvents.

Market Breakup by Application

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

Market Breakup by End Use

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

Market Breakup by Region

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

Growing Applications of the Product in the Automotive Sector to Contribute the Growth of the Bisphenol A (BPA) Market

The global market for bisphenol A is likely to benefit from the expansion of the automotive sector. The polycarbonate resin, which is one of the most popular downstream products of bisphenol A, is used in manufacturing car headlights, rear windows, bumpers, or dashboards. Over the forecast period, the anticipated surge in demand for automobiles in emerging economies is likely to propel the global bisphenol A market. In addition, the market is expected to be aided by the growing applications of bisphenol A in compact discs, impact-resistant safety equipment, and medical devices.

Key Players in the Global Bisphenol A (BPA) Market

The report gives a detailed analysis of the following key players in the global bisphenol A (BPA) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Kumho P&B Chemicals., Inc
• SABIC
• Nan Ya Plastics Corporation
• Chang Chun Group
• PTT Global Chemical Public Company Limited (GC)
• Mitsui Chemicals, Inc
• LG Chem
• Covestro AG
• Olin Corporation
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Bisphenol A (BPA) Market Report Snapshots

Bisphenol A (BPA) Companies