Bisphenol A Market: Current Analysis and Forecast (2022-2028)

Report Description

The global bisphenol A market is likely to showcase a growth of around 6% during the forecast period. Bisphenol A is a crucial raw material used in the production of high-performance polymer plastics and coatings. It is an essential building block for polycarbonate, without bisphenol A, polycarbonate would not be a versatile material. Polycarbonate is widely used in the automotive industry owing to its lightweight and high strength. Further, it founds applications ranging from bulletproof windows to compact disks. It is known for its unbeatable strength at lightweight and the unbreakable quality made industries use it for wide purposes. It is expected that the demand for polycarbonate would increase during the forecast period as industries are shifting towards lightweight substitutes without compromising the quality. This, in turn, would propel the demand for bisphenol A. Also, Bisphenol A is commonly used in epoxy resin coatings that use in metal food cans, bottle tops, and water supply pipes. As the global demand for packaged food & beverage is growing and rising infrastructure activities across the globe, it is expected that it will fuel the market for bisphenol A.

Insights Presented in the Report

“Amongst application, polycarbonates category held the majority share of the market in 2020”

Based on application, the market is categorized into polycarbonates, epoxy resins, and others. Among these, polycarbonate held the majority share of the market and is expected to retain its position during the forecast period. A large amount of global bisphenol production goes into the polycarbonate manufacturing process as bisphenol A provides the rigidity and clear surface. As a result, polycarbonate is increasingly preferred among end-use industries like automotive, electrical & electronics, and building & construction.

“Asia-Pacific is likely to showcase significant growth during the forecast period”

For a better understanding of the market adoption of Bisphenol A, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. The Asia-Pacific region captured a majority share of the global Bisphenol A market, and it is likely to take more position in the market during the forecast period. Large and growing end-use industries in regional economies like China, India, and ASEAN countries along with a growing population coupled with rising disposable income are fueling the market growth. Further, investors have positive sentiment toward the regional market due to the positive market outlook of the region, as a result, regional economies are witnessing huge capital inflow in the manufacturing sector, which in turn growing the end-markets for bisphenol A, thereby propelling bisphenol A demand.

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts
• The report presents a quick review of overall industry performance at one glance
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
• The study comprehensively covers the market across different segments
• Deep dive country-level analysis of the industry

Customization Options:

The global bisphenol A market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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Research Methodology

                 Research Methodology for Global Bisphenol A Market Analysis (2020-2028)

Analyzing the historical market, estimating the current market, and forecasting the future market of bisphenol A, three major steps are undertaken to create and analyze its adoption across the globe. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the industry. Post assumption and validation of market numbers through primary interviews, we employed a bottom-up approach to forecast the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of bisphenol A through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the bisphenol A market, we conducted a detailed secondary analysis to gather current market insights and share for different segments & sub-segments for major regions. The major segment is included in the report by application. Further regional and country-level analyses were conducted to evaluate the overall adoption of Bisphenol A globally.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of bisphenol A. Further, we conducted factor analysis using dependent and independent variables such as the increasing consumption of polycarbonate and growing demand for packaging food. A thorough analysis was conducted of demand and supply-side scenarios considering the increasing investment, top partnerships, mergers and acquisitions, business expansion, and product launches in the Bisphenol A industry.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global market, and market shares of each segment. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and subsegments across the major regions globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of value (US$) and the adoption rate of bisphenol A across the major markets
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the bisphenol A market. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants by Stakeholders and Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global bisphenol A market. Data was split into several segments & sub-segments post studying various parameters and trends in the area of the application.

The main objective of the bisphenol A market study

The current & future market trends of global Bisphenol A were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends would determine the overall attractiveness of the market at a country level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of bisphenol A in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
• Segments in the study include the area of the application
• Defined analysis of the regulatory framework for the bisphenol A industry
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
• Analyze the current and forecast market size of bisphenol A for the major countries
• Major regions/countries analyzed in the report include North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), and Rest of World
• Company profiles of the bisphenol A market players and the growth strategies adopted by them to sustain the growing market

Deep dive country-level analysis of the industry

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