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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Bisphenol A Market predicted to grow exponentially by 2025: Global Market Insights, Inc.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Asia Pacific led by Japan, India and China bisphenol A market is projected to grow significantly in the estimated timeline owing to end-use application in growing automobile industry. Shifting market trend to replace glass and metal components to make light weight vehicles would raise the demand for polycarbonate derived from the product. Growing automobile industry in China and India are likely to boost product demand for polycarbonate, which will thereby drive market size.bisphenol A North America led by Mexico, Canada and the U.S. bisphenol A market size is likely to grow steadily over projected timeframe owing to demand for light weight composites from wind energy, aerospace and automobile sector. U.S target to achieve over 400 GW of power generation by wind energy would propel regional market size owing to its application of its derivatives in the sector. Regional Analysis of Bisphenol A Market :
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Europe led by Spain, UK, France Germany bisphenol A market is likely to experience significant growth in the estimated timeframe. Commercial greenhouses guided by Controlled Environment Agriculture (CEA) is estimated to surpass USD 10 billion by 2023 owing to favorable climate and agricultural conditions. These factors would promote market size owing to its end-use application in greenhouse manufacturing. Regional Analysis of Bisphenol A Market :
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Bisphenol A Market : Bisphenol A market size may grow on account of its usage in manufacturing of epoxy resins which finds usage in wind energy components, electrical parts, paint and coating, adhesive, aerospace and marine industries owing to its specialized properties including toughness, chemical resistance and adhesion. Epoxy resins are good insulator due to which it finds application in electronic components including transistors, circuits and printed circuit boards They can also be modified to incorporate features of physical flexibility, thermal shock resistance and self-extinguish in case of fire for advanced electronics application. These factors culminate to influence bisphenol A market size owing to rising demand for its product derivatives. Epoxy resins are also used as binders to manufacture heat resistant and high strength composite parts reinforced with carbon fiber, fiberglass and Kevlar. This find application in aerospace and wind energy components. The products are light in weight and fire retardant. They are versatile and can be molded to desired shapes. Increasing global warming is likely to drive renewable energy market size, thereby generating global demand for wind energy in forecasted timeframe. Global wind energy composites market size is likely to surpass USD 11.5 billion by 2023 thereby driving market size.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Bisphenol A Market : Product derivative including epoxy-based chemicals are used in paints and coatings steel, aluminum and pipes and fitting industries owing to their anti-corrosion properties, thus driving bisphenol A market demand. Food containers and floorings are also coated with epoxy resins to prevent rusts. The epoxy derived adhesives are chemical resistant and are used as high-performance glues in glass, wood and plastics downstream manufacturing. The global paint and coatings market poised to ship over 65 million tons by 2025, which is likely to drive up epoxy resin demand. These factors would thereby lead to rise in market size in forecast timeframe.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global bisphenol A market share is moderately consolidated. Major players operating in this industry includes Teijin, Sunoco, Chemicals, SABIC Innovative Plastics, Mitsubishi Chemical Corporation, Olin Corporation, Kingboard Holdings, Chang Chun Plastics Co Ltd, Dow Chemical, Kumho P&B Chemicals, Vinmar International, Covestro AG, Hexion Inc., LG Chemical, Formosa Plastics, Nippon Steel & Sumikin Chemical Co Ltd, Nan Ya Plastics Corporation, Mitsui Chemicals, Samyang Innochem, Bayer Material Science and Rhodia Brasil. Competitive Market Share of Bisphenol A Market :
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Bisphenol A Market @ https://bit.ly/2KdLjrChttps://bit.ly/2KdLjrC Request for an in-depth table of contents for this report @ https://bit.ly/2LWclph https://bit.ly/2LWclph
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