Category : Materials And Chemicals | Published Date : Oct 2023 | Type : Press Release
The report highlights the growing demand for polycarbonate resins and epoxy resins across the globe, which is augmenting the global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the bisphenol-A market.
The bisphenol-A market is bifurcated into the application, end-use industry, and distribution channel. Based on application, the market is segmented into polycarbonate resin, epoxy resin, vinyl ester resin, flame retardants, unsaturated polyester resin, and others. In 2022, the polycarbonate resin segment accounted for the highest market share in the overall bisphenol-A market. Based on end-use industry, the market into paints and coatings, adhesives, electronic and electrical, packaging, construction, and others. In 2022, the packaging segment accounted for the highest market share in the overall bisphenol-A market. On the basis of distribution channel, the market is segmented into direct and indirect. In 2022, the indirect segment dominated the overall bisphenol-A market.
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Report Attributes | Report Details |
By Applications | Polycarbonate Resin, Epoxy Resin, Vinyl Ester Resin, Flame Retardants, Unsaturated Polyester Resin, and Others |
By End-use Industry | Paints and Coatings, Adhesives, Electronics and Electricals, Packaging, Construction, and Others |
By Distribution Channel | Direct and Indirect |
By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
As per the research, Mitsubishi Chemical Corporation, LG Chem, and BASF SE are the major market players that comprise the latest market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions that are more efficient, and cost-effective. Further, the bisphenol-A market is expected to grow steadily due to the increasing product usage in various construction and electronics applications. The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.