The “Bisphenol A – Global Strategic Business Report” has been released, detailing the global market, estimated at 6.4 million tons in 2023 and projected to reach 9.3 million tons by 2030, with a 5.4% CAGR. This comprehensive analysis examines market trends, drivers, and forecasts to guide strategic business decisions.
Key drivers include sustained demand for polycarbonate plastics and epoxy resins across automotive, construction, and electronics industries. These materials are prized for their durability and performance characteristics, enhancing vehicle efficiency, structural resilience, and electronic component reliability.
Advancements in recycling technologies are promoting sustainable practices, while regulatory pressures are spurring innovation towards safer BPA alternatives and bio-based analogs. Emerging markets in Asia-Pacific, driven by industrialization and urbanization, are pivotal in expanding BPA product demand.
Key Insights:
- Market Growth: Polycarbonate Resins Application segment expected to reach 7.1 million tons by 2030, growing at a 5.7% CAGR. Epoxy Resins Application segment forecasted to grow at 4.8% CAGR.
- Regional Analysis: U.S. market at 1.7 million tons in 2023; China poised for a 9.0% CAGR to reach 2.1 million tons by 2030. Growth trends in Japan, Canada, Europe, Asia-Pacific highlighted.
Report Features:
- Comprehensive Market Data: Annual sales and forecasts in US$ Million from 2023 to 2030.
- Regional Analysis: Insights into key markets globally.
- Company Profiles: Coverage of major players like Altivia, ChangChun Group, Covestro AG.
- Updates: Free report updates for one year.
Key Attributes:
- No. of Pages: 273
- Forecast Period: 2023 – 2030
- Market Value (2023): 6.4 million tons
- Forecasted Market Value (2030): 9.3 million tons
- CAGR: 5.4%
- Regions Covered: Global
MARKET OVERVIEW
- Influencer Insights: Global Economic Update
- Competitive Presence: Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Demand for Polycarbonate Plastics
- Automotive Industry Growth
- Expansion in Construction Sector
- Advancements in Recycling Technologies
- Regulatory Shifts Toward Safer Alternatives
- Innovations in Bio-based BPA Analogues
- Consumer Preference for BPA-free Products
- Technological Advancements in Production Efficiency
- Awareness of Health Risks
- Electronics Industry Expansion
- Development of Flame Retardants
- Growth in Thermal Paper Market
- Integration in Water Supply Infrastructure
- Packaging Industry Expansion
- Demand in Medical Devices
- Adoption of Green Chemistry Approaches
- Focus on Carbon Footprint Reduction
- Sports and Leisure Market Expansion
FOCUS ON SELECT PLAYERS (Total 33 Featured)
- Altivia
- ChangChun Group
- Covestro AG
- Hexion, Inc.
- Idemitsu Kosan Co., Ltd.
- Khuzestan Petrochemical Co
- Kumho P&B Chemicals, Inc.
- LG Chem
- Lihuayi Group Co., Ltd.
- Mitsubishi Chemical Corporation
- Mitsui Chemicals, Inc.
- Nan Ya Plastics Corporation
