Los Angeles, CA -- (SBWire) -- 04/13/2019 --BPADA, a kind of special monomer, is one of the main raw materials to make high performance PEI.
The BPADA industry is highly monopolized by SABIC. BPADA is a very important intermediate for SABIC to produce its ULTEM polyetherimide resins. Thus, SABIC is the largest manufacturer of BPADA in the world, holding more than 99% market share.
As for other countries, such as China, due to the weak demand, manufacturers engaged in the industry just produce a small amount of BPADA. In fact, they just have some BPADA in stock, preferring production according to orders.
Global production of BPADA increased from 11406 MT in 2013 to 14491 MT in 2017. Europe and North America are the major consumption regions of BPADA as SABIC has PEI facilities in the two regions. Demand from other regions is really tiny.
The global BPADA market was 170 million US$ in 2018 and is expected to 260 million US$ by the end of 2025, growing at a CAGR of 5.5% between 2019 and 2025.
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This report studies the BPADA market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of BPADA in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
SABIC
GuChuang New Chemical Materials
Shanghai Plastics Research Institute
By the product type, the market is primarily split into
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By the end users/application, this report covers the following segments
Polyetherimide
Other
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BPADA Market Growing at 5.5% CAGR Will Hit 260 Million US$ in 2025