San Francisco, United
States- Bisphenol A (BPA) Market is an
artificial compound which is derived from acrylonitrile, butadiene and styrene.
It is mainly used in the production of polycarbonates and epoxy resins.
Additionally, it plays a vital role in the production of polyetherimide,
unsaturated polyester resins, polyacrylates, polysulfone resins and flame retardants.
The product has a solidified crystalline structure and colorless appearance.
Furthermore, it is extremely soluble in organic solvents but highly insoluble
in water. The product is used in the manufacturing of plastics and epoxy
resins.
Plastics derived from BPA have superior attributes such as strength and
durability at low temperatures, easy processing, and good chemical and heat
resistance. These attributes make the product suitable for manufacture
different consumer products such as electronic equipment, sports equipment,
water bottles, compact discs and digital video discs. BPA based epoxy resins
are utilized in manufacturing of interior coatings of beverage cans, thermal
paper and water pipes lining. However, key developed countries including the U.S.
and France have banned the usage of bisphenol A especially in food contact
materials, owing to the carcinogenicity of the product. This has led to the
replacement of epoxy resins with PET films in a couple of the regional markets.
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Polycarbonates is the most dominant segment in the
application field of BPA, followed by epoxy resins with regards to their
production and consumption, due to heavy demand from several end-user
industries. A couple of the other applications of BPA consist of unsaturated
polyester resins, polyetherimide, flame retardants, polysulfone resins and
polyacrylate. The numerous end-user applications act as the key drivers for
market growth. Some of the product applications in consumer goods include cell
phones, computers, household appliances, flooring and bicycle helmets.
Regional Insights
Asia Pacific is one of the prominent manufacturers as well
as consumers of the global BPA market. This is owing to the presence of significant
production base that includes significant development of polymer processing
sectors, and low costs of raw material, labor and operations. There is a steady
growth in demand for BPA in countries such as India and China. Many of the
well-established companies from the U.S. have transferred their manufacturing
operations to Asia Pacific, due to the aforementioned factors. Europe and North
America are other important regional consumers of the global market. The
governments of Canada and countries in the European Union have prohibited use
of polycarbonate resins in manufacturing bottles for infants. Despite, no ban
in the U.S. on baby bottles, supply of the same products has been terminated
over the recent years, due to rising health concerns. Such kind of government
regulations have acted as restraints for industry growth.
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Market Segment:
BPA Applications
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
•
Polycarbonates
• Epoxy resins
• Others
(Unsaturated polyester resins, flame retardants, polyacrylate, polysulfone
resins, polyetherimide, etc.)
BPA Regional Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
• North
America
• Europe
• Rest of Asia
• RoW
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