Bisphenol A Market Impact on Chemical Growth due to COVID-19, Deviation, Research and Forecast 2022-2028
MARKET SYNOPSIS According to the MRFR analysis, the Global Bisphenol A Market is expected to register a CAGR of ~ 5.16%. The global market in 2018 was valued at ~ USD 18.1 billion . Bisphenol A commonly known as BPA is a widely used chemical to produce polycarbonate plastics and epoxy resin. Due to high strength and high thermal stability, BPA-based products are useful in indoor applications and consumer products. For instance, polycarbonate plastics are widely used in plastic containers, tableware, toys, medical devices, and electronic equipment. The market growth is mainly attributed due to the rising demand for sustainable and energy-efficient materials in the automotive, electronics, and other end-use industries. The steady demand for bisphenol A is witnessed across Asia-Pacific in the expanding electronics and automotive industries. Key Players Convestro AG (Germany) KUMHO P&B CHEMICALS. INC (South Korea) LG Chem (South Korea) Mitsui Chemicals (Japan) S...