Bisphenol A Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2021-2025
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
The global Bisphenol A market capacity in 2020 was 7.72 mtpa and is expected to increase at an AAGR of more than 4% over the forecast period 2021-2025. China, South Korea, the US, Taiwan, and Japan are the key countries in the world accounting for over 60% of the total Bisphenol A capacity. Badger Bisphenol A Technology is the dominant technology used for Bisphenol A production. In 2020, it accounted for over 30% of the total installed Bisphenol A capacity. It is followed by Mitsubishi Bisphenol A Technology, Idemitsu Kosan Bisphenol A Technology, and Mitsui Chemical Bisphenol A Technology.
Overview of global Bisphenol A market
For more insights on this report, download a free sample
What is the outlook of planned and announced projects in the global Bisphenol A market?
Among regions, Asia plays a vital role in the global Bisphenol A market. Over $1 billion will be spent on nine planned and announced Bisphenol A projects between 2021 and 2025. The main capex spending will be from an announced project, Reliance Industries Jamnagar Bisphenol A Plant, with the capex spending of $0.40 billion. It is expected to commence production of Bisphenol A by 2025, with a capacity of 0.50 mtpa.
Former Soviet Union follows with $0.13 billion in global capex spending on one announced Bisphenol A project, Omsky Kauchuk Omsk Bisphenol A Plant, which is expected to commence production of Bisphenol A in 2024, with a capacity of 0.12 mtpa. Among the top countries, China plays a major role in global capex spending in the Bisphenol A market.
What is the regional and country-level Bisphenol A market outlook?
Asia
Asia plays an important role in the global Bisphenol A market. It accounts for more than 60% of the total global Bisphenol A capacity. In Asia, Bisphenol A capacity increased in 2020 at an AAGR of more than 3%. It is expected to grow further during 2021-2025. In 2020, China, South Korea, Taiwan, Japan, and Thailand were the key countries in Asia accounting for over 90% of the total Bisphenol A capacity of the region. Among the key countries, China led with the largest capacity contribution globally in 2020 and the main capacity contribution was from the plant, Covestro Caojing Bisphenol A Plant.
North America
Bisphenol A capacity in North America remained unchanged from 2015 to 2020 and it is expected to remain the same during the forecast period. In 2020, the US is the only country in North America that accounted for total capacity growth in the region. SABIC Innovative Plastics Mount Vernon Bisphenol A Plant, Dow Freeport Bisphenol A Plant, and Covestro Baytown Bisphenol A Plant 2 are the major active Bisphenol A plants in the country.
Europe
Germany’s contribution to Europe’s total Bisphenol A capacity is over 30%. Covestro Krefeld Bisphenol A Plant and Dow Stade Bisphenol A Plant are the two active Bisphenol A plants in the country. SABIC Innovative Plastics Holding Bergen op Zoom Bisphenol A Plant and Hexion Specialty Chemicals Pernis Bisphenol A Plant are the two active Bisphenol A plants in the Netherlands.
Middle East
Bisphenol A capacity in the Middle East remained unchanged from 2015 to 2020 and it is expected to remain the same during the forecast period. In 2020, Saudi Arabia, and Iran are two countries in the Middle East, that accounted for the majority percentage of the total Bisphenol A capacity of the region. Ion-Exchange Resin Catalyzed Condensation of Phenol and Acetone is the only production process used for Bisphenol A production.
Who are the key players in the global Bisphenol A market?
Key players in the global Bisphenol A market are Covestro AG, Saudi Basic Industries Corp, Chang Chun Petrochemical Co Ltd, LG Chem Ltd, Kumho Petrochemical Co Ltd, and Formosa Plastics Group Hexion Inc.
Global Bisphenol A market, by key players
To know more about key players, download a free report sample
Market report scope
Market size (Year – 2020) |
7.72 million tonnes per annum |
Growth rate – By Value | AAGR of >4% from 2021 to 2025 |
Base year for estimation | 2020 |
Forecast period | 2021-2025 |
Key players | Covestro AG, Saudi Basic Industries Corp, Chang Chun Petrochemical Co Ltd, LG Chem Ltd, Kumho Petrochemical Co Ltd, Formosa Plastics Group Hexion Inc. |
Reasons to Buy
- Obtain the most up-to-date information available on all active, planned, and announced Bisphenol A plants globally.
- Identify opportunities in the global Bisphenol A industry with the help of upcoming projects and capital expenditure outlook.
- Facilitate decision-making on the basis of strong historical and forecast of Bisphenol A capacity data.
Table of Contents
Table
Figures
Frequently asked questions
-
What is the global Bisphenol A market size in 2020?
The global Bisphenol A market size in 2020 is 7.72 mtpa.
-
What is the global Bisphenol A market growth rate?
The global Bisphenol A market is expected to grow at an AAGR of more than 4% during the period 2021-2025.
-
What are the key countries in the global Bisphenol A market?
The key countries in the global Bisphenol A market are China, South Korea, the US, Taiwan, and Japan.
-
Who are the key players in the global Bisphenol A market by capacity contribution?
The key players in the global Bisphenol A market are Covestro AG, Saudi Basic Industries Corp, Chang Chun Petrochemical Co Ltd, LG Chem Ltd, Kumho Petrochemical Co Ltd, Formosa Plastics Group, and Hexion Inc.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.