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.
The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
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Key Players operating in the industry are:
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
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