Bisphenol A Trends and Forecast
The future of the global bisphenol A market looks promising with opportunities in the electronic, automotive, paint & coating, medical, and packaging markets. The global bisphenol A market is expected to reach an estimated $10.9 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are growing need for epoxy resins from the electronics and electrical sectors, rising application of photocurable coatings in the automotive sector, and expanding demand for polycarbonate plastics.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Bisphenol A by Segment
The study includes a forecast for the global bisphenol A by application, end use, and region.
Bisphenol A Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Polycarbonate Plastic
• Epoxy Resin
• Others
Bisphenol A Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Electronic
• Automotive
• Paint & Coating
• Medical
• Packaging
• Others
Bisphenol A Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Bisphenol A Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bisphenol A companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bisphenol A companies profiled in this report include-
• Convestro
• KUMHO P&B CHEMICALS
• LG Chem
• Mitsui Chemicals
• SABIC
• NAN YA PLASTICS
• TEIJIN
• Chang Chun
• Vinmar
• SAMYANG
Bisphenol A Market Insights
Lucintel forecasts that polycarbonate plastic will remain the larger segment over the forecast period due to its excellent durability and high heat and shatter resistance.
Within this market, electronic is expected to witness the highest growth due to substantial application of bisphenol A in this sector given to its superior mechanical strength, resistance to heat and chemicals, and outstanding electrical insulation qualities..
APAC will remain the largest region over the forecast period.
Features of the Global Bisphenol A Market
Market Size Estimates: Bisphenol a market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Bisphenol a market size by application, end use, and region in terms of value ($B).
Regional Analysis: Bisphenol a market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different applications, end uses, and regions for the bisphenol A market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bisphenol A market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the bisphenol A market size?
Answer: The global bisphenol A market is expected to reach an estimated $10.9 billion by 2030.
Q2. What is the growth forecast for bisphenol A market?
Answer: The global bisphenol A market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the bisphenol A market?
Answer: The major drivers for this market are growing need for epoxy resins from the electronics and electrical sectors, rising application of photocurable coatings in the automotive sector, and expanding demand for polycarbonate plastics.
Q4. What are the major segments for bisphenol A market?
Answer: The future of the bisphenol A market looks promising with opportunities in the electronic, automotive, paint & coating, medical, and packaging markets.
Q5. Who are the key bisphenol A market companies?
Answer: Some of the key bisphenol A companies are as follows:
• Convestro
• KUMHO P&B CHEMICALS
• LG Chem
• Mitsui Chemicals
• SABIC
• NAN YA PLASTICS
• TEIJIN
• Chang Chun
• Vinmar
• SAMYANG
Q6. Which bisphenol A market segment will be the largest in future?
Answer: Lucintel forecasts that polycarbonate plastic will remain the larger segment over the forecast period due to its excellent durability and high heat and shatter resistance.
Q7. In bisphenol A market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the bisphenol A market by application (polycarbonate plastic, epoxy resin, and others), end use (electronic, automotive, paint & coating, medical, packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Bisphenol A Market, Bisphenol A Market Size, Bisphenol A Market Growth, Bisphenol A Market Analysis, Bisphenol A Market Report, Bisphenol A Market Share, Bisphenol A Market Trends, Bisphenol A Market Forecast, Bisphenol A Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.