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The global Bisphenol A (BPA) market attained a volume of 9,219.8 KMT in 2023. The market is estimated to grow at a CAGR of 3.0% during 2024-2032 to reach a volume of 12,025.47 KMT by 2032.
Bisphenol A (BPA) Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a volume of USD 9,219.8 KMT.
The market is estimated to grow at a CAGR of 3.0% between 2024 and 2032.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The growing use of polycarbonate resins, the rising application of BPA in various end-use sectors, and rapid urbanisation are the major market drivers.
The key trends propelling the market include the rising product demand in the automotive sector and the surging applications of bisphenol A in food and drink packaging.
Polycarbonate resins, epoxy resins, unsaturated polyester resins, and flame retardants, among others, are the major applications of the product.
The different end uses of bisphenol A (BPA) are housewares, automotive, construction materials, electrical and electronics, among others.
The key players in the bisphenol A (BPA) market are Kumho P&B Chemicals., Inc, SABIC, Nan Ya Plastics Corporation, Chang Chun Group, PTT Global Chemical Public Company Limited (GC), Mitsui Chemicals, Inc, LG Chem, Covestro AG, Olin Corporation, among others.
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