1. Market Research
  2. > Materials
  3. > Chemicals Market Trends
Bisphenol A (BPA) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Bisphenol A (BPA) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

  • January 2017
  • 195 pages
  • ID: 6195678
  • Format: PDF
  • Mordor Intelligence LLP


Table of Contents

Search Inside

The Global Bisphenol A (BPA) Market was accounted for 5,953.07 kilo tons in 2020 and is expected to grow with a CAGR of ~6.01%, during the forecast period (2021-2026).

COVID-19 pandemic has affected the sales of paints and coatings, plastic products, and other bisphenol A-based products, as the construction activities were halted. India’s second-largest paint company, Berger Paints, reported approximately a 6.5 percent fall in its consolidated net profit to INR 1,032 million for the fourth quarter ended March 31st, 2020. Moreover, global automotive production also declined significantly in 2020 due to COVID-19, registering a decline of -15.8% by the end of 2020. The top 20 OEMs in the global auto sector registered declined profits by approximately USD 100 billion in 2020. With automotive production slowing down and the COVID-19 pandemic further worsening the situation for the industry, the market for bisphenol-derived polycarbonate automotive components is expected to be affected. Owing to all these factors, the bisphenol A market was negatively impacted by COVID-19 in 2020.

Key Highlights
In the medium term, strong demand for polycarbonate and rising demand for epoxy resins from various end-user industries, such as paints and coatings, adhesives, electrical and electronics, packaging, and other end-user industries, are likely to drive the market’s growth.
On the flip side, regulations on usage of BPA, environmental concerns of BPA, and impact of COVID-19 outbreak are expected to be the major restraints, thus, hindering the market growth.
The Asia-Pacific region is expected to dominate the market and is also likely to witness the highest CAGR during the forecast period.

Key Market Trends

Increasing Demand for Polycarbonate Resins

Among all other applications, polycarbonate resins application provides the major market demand for BPA, with more than 70% of the global share.
Polycarbonates are high-performing thermoplastic that is widely used in building and construction applications. Polycarbonate sheets are used as a substitute for glass in a variety of skylight and window applications. They are also used as opaque cladding panels, barrel vaults, canopies, translucent walls, facades and signage, sports stadium roofs, louvers, and roof domes.
The application of polycarbonate materials has highly increased in greenhouses in recent years. In Europe, countries such as Germany, the Netherlands, Spain, and France, have larger areas for greenhouse cultivation.
Due to their advantages over other conventional materials (which include glass and other plastics), the increasing popularity of polycarbonates is set to drive the polycarbonate market during the forecast period.
Additionally, in the automotive industry, polycarbonates allow for energy absorption, weight reduction, shock absorption for bumpers, restriction of explosion risks in fuel tanks, seat belts, airbags, door and seat assemblies, subsystems, bumpers, under-bonnet components, exterior trim, and various other applications. Currently, to manufacture a typical four-wheel vehicle, 10 kg of polycarbonate is used in various forms.
Some of the major companies in the polycarbonate market include, Covestro AG, SABIC, Mitsubishi Engineering-Plastics Corporation, LOTTE Chemical CORPORATION, and TEIJIN LIMITED, and others. The companies are investing heavily in merger, acquisitions, expansion, which are expected to boost the demand for bisphenol in polycarbonates, for instance,

In August 2021, SABIC has launched certified circular polycarbonate (PC) resin and blends made from the upcycling of post-consumer mixed plastic. Moreover, the certified circular polycarbonate can reduce carbon footprint up to 23%, compared to its incumbent.?
In April 2021, Covestro AG has launched the world’s first climate-neutral polycarbonate resin, made from mass-balanced bio-waste and residues-based raw materials, at CHINAPLAS 2021.

However, there are some regulations on the bisphenol A-based polycarbonate used in baby feeding bottles and sippy cups, which are expected to negatively affect the market for bisphenol. The US Food and Drug Administration (FDA) has ended its authorization of the use of BPA in baby bottles and sippy cups. The European Union and Canada have also banned bisphenol A use in baby bottles. The Bureau of Indian Standards (BIS) also phased out BPA use in baby feeding bottles.
Therefore, all the aforementioned factors are expected to affect the demand for bisphenol A from polycarbonate application, over the forecast period.

Asia-Pacific Region to Dominate the Market

The Asia-Pacific region is expected to dominate the market and is also likely to register the highest CAGR during the forecast period.
China accounts for more than one-fourth of the global coatings market presently. According to the China National Coatings Industry Association, the industry has been registering a growth of 7% through recent years. It was estimated that from 2019, the construction of at least ten large coatings investment projects in China had been reported publicly. Nippon has been tapping into this market situation by upgrading its coatings production process in its new plants in China. ?
In the adhesive sector, DuPont has decided to invest approximately USD 30 million in building a new manufacturing facility in Zhangjiagang, Jiangsu Province in East China. The company’s new facility will produce adhesives to serve customers in the transportation industry, primarily supporting two mega-industry trends: vehicle electrification applications and light-weighting. The facility is expected to be operational by early 2023.?
The COVID-19 has significantly affected the automotive industry in the country. According to the (OICA), around 25.23 million vehicles were produced in China during 2020, compared to 25.75 million vehicles that were produced in 2019, witnessing a decreasing growth rate of about 2%. ?
However, in the 9 months of 2021, the production of vehicles in the country reached 18,242,588 units, registering a growth rate of 10%, compared to the same period in 2020 and on the same level as of same period of 2019. This sets a positive outlook for the market of study.
Furthermore, in India, the construction industry is the second-largest industry with a GDP contribution of about 9%. It is predicted that India’s construction industry is set to emerge as the third-largest market in the world, with a value of almost USD 1 trillion by the end of forecast period. ?
In the residential segment, the government is planning huge projects in the next few years. The government’s Housing for All initiative aims to build more than 20 million affordable homes for the urban poor by 2022.
Moreover, the Indian automobile industry witnessed a rapid decline in 2019 and 2020, after a continuous growth for a period of 10 years. According to the OICA, India’s automobile industry registered a negative growth of more than 25% in 2020. Automobile production declined from ~4.52 million units produced in 2019 to ~3.39 millions in 2020. ?
?According to the OICA, 2020, total industrial production was about 3,394,446 vehicles, including passenger, commercial, three-wheeler, two-wheeler, and quadricycles, which declined by about 25% compared to 4,524,366 vehicles produced over the same period of previous year.
Such factors are significantly impacting the studied market and the consumption of BPA in the region is expected to grow from various end user industries during the forecast period.

Competitive Landscape

The global bisphenol A (BPA) market is consolidated in nature, with the top 10 players occupying over 70% of the overall market share in 2020. Some of the key players in the market include Covestro AG, SABIC, Chang Chun Group, NAN YA PLASTICS CORPORATION, and KUMHO P&B CHEMICALS.,INC., among others.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on