Bisphenol A Market Size – USD 20.11 Billion in 2020, Market Growth – at a CAGR of 5.3%, Market Trends – Increase in use of epoxy raisins to drive demand for bisphenol A in various sectors globally
Emergen Research has published a novel research report titled, "Global Bisphenol A Market ". The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Bisphenol A market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
The global bisphenol A market size is expected to reach USD 30.52 Billion at a revenue CAGR of 5.3% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth of Bisphenol A (BPA) is attributed to increase demand for polycarbonates in automotive manufacturing. A significant volume of BPA produced worldwide is consumed in manufacturing of polycarbonate plastic, which is widely used in various end-use industries, including automotive, due to its enhanced thermal resistance and impact resistance. Use of polycarbonate plastic in automotive manufacturing is primarily due to growing demand for lightweight vehicles to improve fuel-efficiency. In addition, such vehicles can be easily stopped on brake application, resulting in reduced collision and safer driving experience. A typical automotive comprises polycarbonate plastic in numerous forms, such as injection molded polycarbonate (displaced glass and headlights), in combination with polybutylene terephthalate (PBT) and acrylonitrile butadiene styrene (ABS) polymers (automotive interior and under-the-bonnet uses). Use of polycarbonate also delivers better dimensional stability, excellent scratch resistance, and enhanced aesthetics to automotive.
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The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter's Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
The report offers a complete analysis of the global Bisphenol A market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. LG Chem Ltd., Covestro AG, The Dow Chemical Company, SABIC, Kumho P&B Chemicals Inc., Mitsui Chemicals, Teijin Limited, China National Bluestar (Group) Co. Ltd., Nan Ya Plastics Corporation, and Samyang Holdings Corporation
The report offers insightful information about the market dynamics of the Bisphenol A market. It offers SWOT analysis, PESTEL analysis, and Porter's Five Forces analysis to present a better understanding of the Bisphenol A market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Bisphenol A market.
Bisphenol A Market Segmentation:
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Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter's Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.
Detailed Regional Analysis covers:
Key point summary of the report:
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