The Global Bisphenol
A (BPA) Market research report interprets
definition, an investigation of significant progress in the industry. It
provides overall industry survey, product description, wide array of
applications, top players, and development forecast. It enhances understanding
about that market along with new business trends.
Industrial Insights
Bisphenol A (BPA) is an
artificial compound which is derived from acrylonitrile, butadiene and styrene.
It is mainly used in the production of polycarbonates and epoxy resins.
Additionally, it plays a vital role in the production of polyetherimide,
unsaturated polyester resins, polyacrylates, polysulfone resins and flame
retardants. The product has a solidified crystalline structure and colorless
appearance. Furthermore, it is extremely soluble in organic solvents but highly
insoluble in water. The product is used in the manufacturing of plastics and
epoxy resins. Plastics derived from BPA have superior attributes such as
strength and durability at low temperatures, easy processing, and good chemical
and heat resistance. These attributes make the product suitable for manufacture
different consumer products such as electronic equipment, sports equipment,
water bottles, compact discs and digital video discs. BPA based epoxy resins
are utilized in manufacturing of interior coatings of beverage cans, thermal
paper and water pipes lining. However, key developed countries including the
U.S. and France have banned the usage of bisphenol A especially in food contact
materials, owing to the carcinogenicity of the product. This has led to the
replacement of epoxy resins with PET films in a couple of the regional markets.
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Main features of the report:
·
To provide
detailed analysis of the market structure along with forecast of the various
segments and sub-segments of the global Bisphenol A (BPA) Market.
·
A complete
backdrop analysis, which includes an assessment of the parent market
·
Important
changes in market dynamics
·
Market
segmentation up to the second or third level
·
To provide
country level analysis of the market for segment by application, product type
and sub-segments.
·
To provide
strategic profiling of key players in the market, comprehensively analyzing
their core competencies, and drawing a competitive landscape for the market.
·
Track and
analyze competitive developments such as joint ventures, strategic alliances,
mergers and acquisitions, new product developments, and research and
developments in the global Bisphenol A (BPA) Market.
·
Emerging
niche segments and regional markets
·
An
objective assessment of the trajectory of the industry.
BPA finds significant use
in the manufacturing of polysulfones and polyether ketones, which act as
antioxidants in plasticizers and inhibits polymerization in PVC pipes. Strong
use of polycarbonates for manufacturing plastics is one of the important
driving factors of market demand. Consumption of polycarbonates has increased
over the recent years, on account of increasing utilization of consumer goods,
eyeglass lenses, foundry castings, dental sealants and dental & medical
devices. Construction, electronics industries and automotive industries are
expected to boost the product utilization over the next couple of years. The
superior performance features of BPA derived epoxy resins include thermal
stability, mechanical strength, good adhesion, moisture resistivity and
corrosion protection. Growing R&D activities are likely to provide new
opportunities in the global industry. The health hazards on account of
continuous usage of BPA in food applications, is considered to be a restraining
factor over the forecast period.
Application Insights
Polycarbonates is the most
dominant segment in the application field of BPA, followed by epoxy resins with
regards to their production and consumption, due to heavy demand from several
end-user industries. A couple of the other applications of BPA consist of
unsaturated polyester resins, polyetherimide, flame retardants, polysulfone resins
and polyacrylate. The numerous end-user applications act as the key drivers for
market growth. Some of the product applications in consumer goods include cell
phones, computers, household appliances, flooring and bicycle helmets.
Asia Pacific is one of the
prominent manufacturers as well as consumers of the global BPA market. This is
owing to the presence of significant production base that includes significant
development of polymer processing sectors, and low costs of raw material, labor
and operations. There is a steady growth in demand for BPA in countries such as
India and China. Many of the well-established companies from the U.S. have
transferred their manufacturing operations to Asia Pacific, due to the
aforementioned factors. Europe and North America are other important regional
consumers of the global market. The governments of Canada and countries in the
European Union have prohibited use of polycarbonate resins in manufacturing
bottles for infants. Despite, no ban in the U.S. on baby bottles, supply of the
same products has been terminated over the recent years, due to rising health
concerns. Such kind of government regulations have acted as restraints for
industry growth.
Competitive Insights
The key players in the
global BPA industry include Samyang Innochem and Teijin Ltd., SABER, Haverhill
Chemicals LLC, Saudi Kayan Petrochemical Co, Sabic Innovative Plastics, PTT
Phenol Co., Nan Ya Plastics Corp., Momentive Specialty Chemicals Inc., Mitsui Chemicals
Inc., Mitsubishi Chemical Holding Corp., LG Chemical Co., Kumho P&B
Chemicals, Dow Chemicals, Chang Chun Plastics Co. and Bayer Material Science.
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