Bisphenol A (BPA) Market Analysis by Size, Share, Growth, Trends, 2026
This report provides a comprehensive analysis of the Bisphenol A (BPA) market, including its size, share, demand, growth, gross profits, earnings, and revenue. It examines the gathered data to offer a comprehensive overview of industry trends and predicts potential developments for the forecasted period. Historical data from 2016 and 2017 is used, with 2018 as the base year, to estimate industry growth from 2019 to 2026.
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The global Bisphenol A market was valued at over USD 16
billion in 2016 and is projected to exceed USD 30 billion by 2026. Bisphenol A
(BPA) was initially discovered in the 1890s, and its ability to produce
plastics was recognized in the 1950s. BPA is a colorless solvent primarily
utilized for the synthesis of strong and durable plastics, polycarbonates, and
epoxy resins. Polycarbonates are widely used in building and construction,
automotive applications (such as weight reduction, energy absorption, seat
belts, and airbags), and various other industries. Epoxy resins are applied to
the inner surface of canned food containers to prevent corrosion and are also
used in paints, electricity, and civil engineering due to their bonding
properties. BPA is also found in toiletries, hygiene products, CDs & DVDs,
thermal printer receipts, household electronics, sports equipment, eyeglass
lenses, and dental fillings.
The increasing demand for epoxy resins and polycarbonates,
along with their diverse end-user applications, will drive market growth in the
coming years. Furthermore, there are opportunities to utilize BPA in untapped
sectors such as low-cost carbon fibers, durable glass fibers, and rotor-blade
composites used in windmills. The windmill industry is experiencing global
growth due to the demand for clean energy, which positively impacts businesses
utilizing BPA. However, the BPA market faces restrictions due to its
association with health effects, including cancer. Concerns from the public,
environmental activists, and the media have led to the phasing out of BPA from
food-contact and beverage applications, resulting in government regulations.
Despite this, the demand for BPA remains strong as it has numerous applications
beyond food and beverage packaging, with Asia Pacific currently holding the
largest market share.
Key findings from the Bisphenol A (BPA) market forecast
report include an analysis of the industry's segments based on applications
such as epoxy resins, polycarbonate resins, flame retardants, polyacrylate,
polyetherimide, polysulfone resins, unsaturated polyester resins, and others. The
report assesses their size, share, demand, trends, gross profit, earnings, and
revenue, and identifies potential areas for investment. It also evaluates
competition among key players in the global sector and provides insights into
the most profitable areas for businesses.
The global Bisphenol A market is expected to grow steadily,
with the demand for BPA driven mainly by polycarbonate resins, accounting for
approximately 70% of the market share. Europe's BPA growth will benefit from
the increased application of polycarbonates in greenhouses, while the US will
experience significant growth due to the expected rise in the office space
sector, necessitating large amounts of polycarbonate for construction purposes.
Asia-Pacific is expected to exhibit the highest growth in the coming years. The
regions covered in this study include Asia-Pacific, Europe, North America,
Latin America, and the Middle East and Africa. Key players in the BPA industry
include Covestro AG, DowDuPont Inc., Mitsui Chemical Inc., SABIC Innovative
Plastics, Bayer Material Science, Vinmar International, Dow Chemical, LG
Chemical, Kumho, P&B Chemicals, Formosa
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