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Global Bisphenol A (BPA) Market Size, Share: By Application: Polycarbonate Resins, Epoxy Resins, Unsaturated Polyester Resins, Flame Retardants, Others; By End Use: Housewares, Automotive, Construction Materials, Electrical and Electronics, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global Bisphenol A (BPA) Market Outlook
The global Bisphenol A (BPA) market attained a volume of 9,219.8 KMT in 2023. The market is estimated to grow at a CAGR of 3.0% during 2024-2032 to reach a volume of 12,025.47 KMT by 2032.
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Growing Demand for Polycarbonate Resins in Various Industries to Aid the Growth of the Bisphenol A (BPA) Market
Based on application, the polycarbonate resins segment accounts for the largest share of the market. Polycarbonate resins find use in several electrical devices, such as housings, connectors, battery boxes, smartphones, and optical media, among others. The compound is a lightweight and high-performance resin, which has unique toughness, dimensional stability, optical clarity, high heat resistance, and high electrical resistance.
Over the forecast period, the growing use of polycarbonate resins in industrial applications, such as machine parts and electronic components, owing to their lightweight and superior shock absorption qualities, is likely to augment the growth of the global bisphenol A market. It also finds application in the automotive sector to make cars lighter and more fuel-efficient while maintaining safety.
The Asia Pacific Accounts for a Significant Share in the Market
The thriving end use sectors of bisphenol A in the region, including automotive and electrical and electronics, are likely to be a driving factor for the market. The product has witnessed a significant demand in the production of consumer electronics, including smartphones, owing to the rapid digitalisation, urbanisation, growing dependence of people on technology, and rising disposable incomes. Over the forecast period, the anticipated rise in demand for polycarbonate resins in the electrical and electronics industry, especially in countries like India, China, South Korea, and Japan, is likely to aid the market growth in the region.
Market Segmentation
Bisphenol A or BPA is defined as a synthetic organic compound that is produced in large quantities primarily for the production of polycarbonate plastics and epoxy resins. The compound belongs to the group of diphenylmethane derivatives and bisphenols, with two hydroxyphenyl groups. It is a colourless solid that is soluble in organic solvents.
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Based on application, the market is divided into:
- Polycarbonate Resins
- Epoxy Resins
- Unsaturated Polyester Resins
- Flame Retardants
- Others
The significant end uses of the product include:
- Housewares
- Automotive
- Construction Materials
- Electrical and Electronics
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Applications of the Product in the Automotive Sector to Contribute the Growth of the Bisphenol A (BPA) Market
The global market for bisphenol A is likely to benefit from the expansion of the automotive sector. The polycarbonate resin, which is one of the most popular downstream products of bisphenol A, is used in manufacturing car headlights, rear windows, bumpers, or dashboards. Over the forecast period, the anticipated surge in demand for automobiles in emerging economies is likely to propel the global bisphenol A market. In addition, the market is expected to be aided by the growing applications of bisphenol A in compact discs, impact-resistant safety equipment, and medical devices.
Key Players in the Global Bisphenol A (BPA) Market
The report gives a detailed analysis of the following key players in the global bisphenol A (BPA) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Kumho P&B Chemicals., Inc
- SABIC
- Nan Ya Plastics Corporation
- Chang Chun Group
- PTT Global Chemical Public Company Limited (GC)
- Mitsui Chemicals, Inc
- LG Chem
- Covestro AG
- Olin Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Bisphenol A (BPA) Market Analysis
8.1 Key Industry Highlights
8.2 Global Bisphenol A (BPA) Historical Market (2018-2023)
8.3 Global Bisphenol A (BPA) Market Forecast (2024-2032)
8.4 Global Bisphenol A (BPA) Market by Application
8.4.1 Polycarbonate Resins
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Epoxy Resins
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Unsaturated Polyester Resins
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Flame Retardants
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Bisphenol A (BPA) Market by End Use
8.5.1 Housewares
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Automotive
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Construction Materials
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Electrical and Electronics
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Bisphenol A (BPA) Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Bisphenol A (BPA) Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Bisphenol A (BPA) Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Bisphenol A (BPA) Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Bisphenol A (BPA) Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Bisphenol A (BPA) Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Government Regulations
16 Value Chain Analysis
17 Price Analysis
17.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18 Feedstock Market Analysis
18.1 Global Acetone Market Analysis
18.1.1 Key Industry Highlights
18.1.2 Global Acetone Historical Market (2018-2023)
18.1.3 Global Acetone Market Forecast (2024-2032)
18.2 Global Phenol Market Analysis
18.2.1 Key Industry Highlights
18.2.2 Global Phenol Historical Market (2018-2023)
18.2.3 Global Phenol Market Forecast (2024-2032)
19 Competitive Landscape
19.1 Market Structure
19.2 Company Profiles
19.2.1 Kumho P&B Chemicals., Inc
19.2.1.1 Company Overview
19.2.1.2 Product Portfolio
19.2.1.3 Demographic Reach and Achievements
19.2.1.4 Certifications
19.2.2 SABIC
19.2.2.1 Company Overview
19.2.2.2 Product Portfolio
19.2.2.3 Demographic Reach and Achievements
19.2.2.4 Certifications
19.2.3 Nan Ya Plastics Corporation
19.2.3.1 Company Overview
19.2.3.2 Product Portfolio
19.2.3.3 Demographic Reach and Achievements
19.2.3.4 Certifications
19.2.4 Chang Chun Group
19.2.4.1 Company Overview
19.2.4.2 Product Portfolio
19.2.4.3 Demographic Reach and Achievements
19.2.4.4 Certifications
19.2.5 PTT Global Chemical Public Company Limited (GC)
19.2.5.1 Company Overview
19.2.5.2 Product Portfolio
19.2.5.3 Demographic Reach and Achievements
19.2.5.4 Certifications
19.2.6 Mitsui Chemicals, Inc,
19.2.6.1 Company Overview
19.2.6.2 Product Portfolio
19.2.6.3 Demographic Reach and Achievements
19.2.6.4 Certifications
19.2.7 LG Chem
19.2.7.1 Company Overview
19.2.7.2 Product Portfolio
19.2.7.3 Demographic Reach and Achievements
19.2.7.4 Certifications
19.2.8 Covestro AG
19.2.8.1 Company Overview
19.2.8.2 Product Portfolio
19.2.8.3 Demographic Reach and Achievements
19.2.8.4 Certifications
19.2.9 Olin Corporation
19.2.9.1 Company Overview
19.2.9.2 Product Portfolio
19.2.9.3 Demographic Reach and Achievements
19.2.9.4 Certifications
19.2.10 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Bisphenol A (BPA) Market (USD Million) 2018-2023
2. Global Bisphenol A (BPA) Market (KMT), 2018-2023
3. Global Bisphenol A (BPA) Historical Market: Breakup by Application (KMT), 2018-2023
4. Global Bisphenol A (BPA) Market Forecast: Breakup by Application (KMT), 2024-2032
5. Global Bisphenol A (BPA) Historical Market: Breakup by Application (USD Million), 2018-2023
6. Global Bisphenol A (BPA) Market Forecast: Breakup by Application (USD Million), 2024-2032
7. Global Bisphenol A (BPA) Historical Market: Breakup by End Use (KMT), 2018-2023
8. Global Bisphenol A (BPA) Market Forecast: Breakup by End Use (KMT), 2024-2032
9. Global Bisphenol A (BPA) Historical Market: Breakup by End Use (USD Million), 2018-2023
10. Global Bisphenol A (BPA) Market Forecast: Breakup by End Use (USD Million), 2024-2032
11. Global Bisphenol A (BPA) Historical Market: Breakup by Region (KMT), 2018-2023
12. Global Bisphenol A (BPA) Market Forecast: Breakup by Region (KMT), 2024-2032
13. Global Bisphenol A (BPA) Historical Market: Breakup by Region (USD Million), 2018-2023
14. Global Bisphenol A (BPA) Market Forecast: Breakup by Region (USD Million), 2024-2032
15. North America Bisphenol A (BPA) Historical Market: Breakup by Country (KMT), 2018-2023
16. North America Bisphenol A (BPA) Market Forecast: Breakup by Country (KMT), 2024-2032
17. North America Bisphenol A (BPA) Historical Market: Breakup by Country (USD Million), 2018-2023
18. North America Bisphenol A (BPA) Market Forecast: Breakup by Country (USD Million), 2024-2032
19. Europe Bisphenol A (BPA) Historical Market: Breakup by Country (KMT), 2018-2023
20. Europe Bisphenol A (BPA) Market Forecast: Breakup by Country (KMT), 2024-2032
21. Europe Bisphenol A (BPA) Historical Market: Breakup by Country (USD Million), 2018-2023
22. Europe Bisphenol A (BPA) Market Forecast: Breakup by Country (USD Million), 2024-2032
23. Asia Pacific Bisphenol A (BPA) Historical Market: Breakup by Country (KMT), 2018-2023
24. Asia Pacific Bisphenol A (BPA) Market Forecast: Breakup by Country (KMT), 2024-2032
25. Asia Pacific Bisphenol A (BPA) Historical Market: Breakup by Country (USD Million), 2018-2023
26. Asia Pacific Bisphenol A (BPA) Market Forecast: Breakup by Country (USD Million), 2024-2032
27. Latin America Bisphenol A (BPA) Historical Market: Breakup by Country (KMT), 2018-2023
28. Latin America Bisphenol A (BPA) Market Forecast: Breakup by Country (KMT), 2024-2032
29. Latin America Bisphenol A (BPA) Historical Market: Breakup by Country (USD Million), 2018-2023
30. Latin America Bisphenol A (BPA) Market Forecast: Breakup by Country (USD Million), 2024-2032
31. Middle East and Africa Bisphenol A (BPA) Historical Market: Breakup by Country (KMT), 2018-2023
32. Middle East and Africa Bisphenol A (BPA) Market Forecast: Breakup by Country (KMT), 2024-2032
33. Middle East and Africa Bisphenol A (BPA) Historical Market: Breakup by Country (USD Million), 2018-2023
34. Middle East and Africa Bisphenol A (BPA) Market Forecast: Breakup by Country (USD Million), 2024-2032
35. North America Historical Price Trends and Forecast 2018-2032
36. Europe Historical Price Trends and Forecast 2018-2032
37. Asia Pacific Historical Price Trends and Forecast 2018-2032
38. Latin America Historical Price Trends and Forecast 2018-2032
39. Middle East and Africa Historical Price Trends and Forecast 2018-2032
40. Global Acetone Market: Key Industry Highlights, 2018 and 2032
41. Global Phenol Market: Key Industry Highlights, 2018 and 2032
42. Global Bisphenol A (BPA) Market Structure
Key Questions Answered in the Report
In 2023, the market attained a volume of USD 9,219.8 KMT.
The market is estimated to grow at a CAGR of 3.0% between 2024 and 2032.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The growing use of polycarbonate resins, the rising application of BPA in various end-use sectors, and rapid urbanisation are the major market drivers.
The key trends propelling the market include the rising product demand in the automotive sector and the surging applications of bisphenol A in food and drink packaging.
Polycarbonate resins, epoxy resins, unsaturated polyester resins, and flame retardants, among others, are the major applications of the product.
The different end uses of bisphenol A (BPA) are housewares, automotive, construction materials, electrical and electronics, among others.
The key players in the bisphenol A (BPA) market are Kumho P&B Chemicals., Inc, SABIC, Nan Ya Plastics Corporation, Chang Chun Group, PTT Global Chemical Public Company Limited (GC), Mitsui Chemicals, Inc, LG Chem, Covestro AG, Olin Corporation, among others.
Analyst Review
TThe global bisphenol A (BPA) market attained a volume of USD 9,219.8 KMT in 2023 in 2023, driven by the rising application of BPA in various end-use industries. Aided by the growing adoption of smartphones and rapid urbanisation, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3.0%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on application, the market is divided into polycarbonate resins, epoxy resins, unsaturated polyester resins, and flame retardants, among others. On the basis of end-use, the market is divided into housewares, automotive, construction materials,electrical and electronics, among others. The major regional markets for bisphenol A (BPA) are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Kumho P&B Chemicals., Inc, SABIC, Nan Ya Plastics Corporation, Chang Chun Group, PTT Global Chemical Public Company Limited (GC), Mitsui Chemicals, Inc, LG Chem, Covestro AG, Olin Corporation, Others
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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