Stratview Research has launched a new report, titled Bisphenol A (BPA) Market segmented by Application Type (Polycarbonate Resins, Epoxy Resins, Unsaturated Polyester Resins, Flame Retardants, and Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 Impact Analysis:
Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.
According to the report, Bisphenol A (BPA) market is projected to witness healthy CAGR of 6.3% over the next five years. Increasing demand for polycarbonate and epoxy resins in various end-use industries, such as construction, automotive, paints and coatings, electrical & electronics, and packaging is the major factor driving high growth potential in the market during the forecast period.
Market Segments' Analysis
Based on the application type, the bisphenol A (BPA) market is segmented as polycarbonate resins, epoxy resins, unsaturated polyester resins, flame retardants, and others. The polycarbonate segment is expected to remain the dominant application of the market over the next five years. The growth of the segment is owing to the increasing usage of polycarbonate resins in building & construction and automotive industries, owing to its various benefits such as shatter resistance, lightweight, UV resistance, durability, strength and flexibility.
In terms of regions, Asia-Pacific is likely to maintain its supremacy in the market during the forecast period, mainly driven by China, Japan and India offering lucrative growth opportunities. China is the largest market for bisphenol A in the region as well as in the world, mainly driven by the presence of a large number of end-users in the country. China is among the largest markets for building and construction, automotive and electrical & electronics industries. Asia-Pacific region is also likely to exhibit the fastest growth in the market over the next five years. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Key Players
The following are the key players in the Bisphenol A (BPA) Market.
· ALTIVIA Petrochemicals LLC
· China National BlueStar (Group) Co. Ltd
· Covestro AG
· DuPont de Nemours, Inc.
· Formosa Plastics Corporation
· Hexion Inc.
· LG Chem Ltd.
· Mitsubishi Chemical Corporation
· Mitsui Chemicals, Inc.
· SABIC
Frequently Asked Questions –
This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:
- What is the current and future market size of Bisphenol A (BPA) Market?
- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
- What will be the short and long-term effects of the pandemic?
- How are other market factors affecting the market dynamics?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the Bisphenol A (BPA) Market competition?
- What are the key emerging trends and unmet needs in the present market?
- What are the strategic growth opportunities and key success factors?
Read the full report: https://www.stratviewresearch.com/1322/bisphenol-A-(BPA)-market.html
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