About Bisphenol
Bisphenols are a group of chemical compounds with two hydroxyphenyl elements used primarily for polycarbonate plastics and epoxy resins. These chemicals have many applications in the food and drink packagings such as water and baby bottles, compact discs, impact-resistant safety equipment and medical devices including those used in hospital settings. There are certain harmful effects of bisphenol including altered behavior and obesity in children, reproductive abnormalities, cardiovascular changes, and various cancers. The rising demand in the construction and automobile industry leads to the growth in bisphenol.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Bisphenol market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
LG Chem Ltd. (South Korea), Mitsubishi Chemical Corporation (Japan), NAN YA PLASTICS CORPORATION (Taiwan), Nippon Steel & Sumikin Chemical Co. Ltd. (Japan), The Olin Corporation (United States), SABIC Innovative Plastics US LLC (United States), DuPont de Nemours, Inc. (United States), Hexion Inc. (United States), Mitsui Chemicals (Japan), Covestro AG (Germany) and Formosa Plastics Corporation (Taiwan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Kumho P&B Chemicals, Inc. (South Korea), Chang Chun Plastics Co., Ltd. (Taiwan), Teijin Limited (Japan), Antares Chem Private Limited (India) and Alpha Chemika (India).
Segmentation Overview
AMA Research has segmented the market of Global Bisphenol market by Type (Crystals, Flakes, Powder and Granules), Application (Automobile, Electrical and electronics, Construction, Machinery parts and components, Home appliance and Others) and Region.
On the basis of geography, the market of Bisphenol has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Usage, the sub-segment i.e. Industrial will boost the Bisphenol market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. High-density polyethylene bags will boost the Bisphenol market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Grade, the sub-segment i.e. Technical grade will boost the Bisphenol market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Growing Demand of Safety Equipment such as Bike Helmets, Police Shields, Reading Glasses and Bullet-Proof Glass Leads in the Use Of Bisphenol
Market Growth Drivers:
The Rising Demand In Construction And Automobile Industry Leads To The Growing Demand For Bisphenol and The Demand Of Bisphenol In Food Packaging Is Rising As It Is High Resistance And Durability
Challenges:
Harmful Effects May Cause By Bisphenol Such As Obesity and Reproductive Abnormalities
Restraints:
Government Safety Regulations against Bisphenol Use In Consumer Products
Opportunities:
Polycarbonate Resins Are Used As Alternative To Glass In Skylight and Window Applications
Key Target Audience
Bisphenol Manufacturers, New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.