DUBLIN--(BUSINESS WIRE)--The "Global Bisphenol A (BPA) Market - Segmented by Application and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global bisphenol A (BPA) market is estimated to witness a CAGR of approximately 6.5% during the forecast period.
Bisphenol A is extensively used in the production of polycarbonate plastics. Polycarbonate plastics are widely used in the production of food & beverage containers, impact resistant eye glass lenses, streetlight globes, medical devices, electrical & electronic components, household appliances, automotive parts, telephones, and safety & sports helmets.
It is found that BPA application in the plastics used in food containers, baby toys, water bottles, etc. can cause health hazards to babies, as well as adults. The studies revealed that use of BPA-based products in such products can cause variety of health issues, from prostate cancer & breast cancer to early puberty, decreased fertility, neurological problems, and changes immune system.
Asia-Pacific holds the largest share of the market and is projected to witness highest growth during the forecast period. Growing industrial applications of BPA products, primarily in countries, such as, China, India, and Japan, are expected to drive the Asia-Pacific BPA market. With the increasing investments and rapid growth in the industries, such as food & beverage, electronic devices, etc. and boom in construction activities in the region, the application of bisphenol A is expected to increase in the production of food & beverages containers, polycarbonate sheets and electronic devices, further driving the market demand during the forecast period.
Companies Mentioned
- ALTIVIA Petrochemicals LLC
- China National BlueStar Co Ltd.
- Convestro AG
- DowDuPont Inc.
- Formosa Plastics Corporation
- Hexion Inc.
- Kumho P&B Chemicals Inc.
- LG Chem Ltd.
- Mitsubishi Chemical Holdings
- Mitsui Chemical Inc.
- SABIC Innovative Plastics
- Samyang Innochem Corporation S.A.
- Sinopec Mitsui Chemicals Co. Ltd.
- Vinmar International India Private Limited
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Future of the Market
8. Competitive Landscape
9. Company Profiles
10. Disclaimer
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