ReleaseWire

Bisphenol A Market CAGR to Grow at 5.4%

Posted: Thursday, November 30, 2017 at 4:04 PM CST

Albany, NY -- (SBWire) -- 11/30/2017 --The market study, titled "Bisphenol A Market for Polycarbonates, Epoxy Resins and Other Applications - Global Industry Analysis, Size, Share, Growth and Forecast, 2013 - 2019", makes for an informative report, having in-depth analysis of past performances, current trends, and future prospects of the global Bisphenol A market.

A new report published by Transparency Market Research (TMR) presents the analysis of the Bisphenol A market for polycarbonates, epoxy resins and other applications. The report discusses the present market condition and its impact on the future of the global Bisphenol A market.In 2012, the global Bisphenol A market recorded revenue of US$13.1 billion. The market is expected to grow significantly and reach a value of US$18.8 billion by 2019. The estimated CAGR at which the market will grow is 5.4% from 2013 to 2019. 

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Bisphenol A is an organic, monochrome solid, which is soluble in an organic solvent. Generally, it is employed in the production of epoxy resins and polycarbonates. The demand for Bisphenol A is majorly driven by increasing demand from the electrical and electronics, and automotive markets. However, unstable prices of petroleum and high cost allied with the meager scratch resistance of polycarbonates are likely to cause negative impact on the market.

The global market for Bisphenol A is analyzed on the basis of its applications and regional submarkets. On the basis of application, the Bisphenol A market is divided into polycarbonates, epoxy resins, and others such as unsaturated polyester resin, flame retardants, polyacrylate, polysulfone resins, and polyetherimide.

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