Bisphenol A or BPA is a colourless crystalline solid that belongs to the family of organic compounds. The molecular formula of bisphenol A is C15H16O2. It is popularly known for its application in the production of polycarbonate plastics and epoxy resins, specifically those existing in water bottles, baby bottles, and other beverage and food vessels. It is also largely famous for its propensity to percolate from these products, which has labelled it a matter of public health and environmental issues.
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The major bisphenol A producing countries are China, South Korea, the US, Taiwan, and Japan globally. These countries account for more than 60 percent of the total bisphenol A production.
Key Details About the Bisphenol A Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Bisphenol A price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Bisphenol A Price Trends, including India Bisphenol A price, USA Bisphenol A price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Bisphenol A Price Trend:
Bisphenol A is primarily used to produce polycarbonate plastic, which is used to make hard plastic products like baby bottles, reusable water bottles, food containers, pitchers, tableware, and other storage containers. In addition, polycarbonate plastic is also employed in the production of eyeglass lenses, CDs, DVDs, computers, appliances, sports safety equipment and several other commodities. Although bisphenol A is essentially utilised to produce polycarbonate plastics, it can also be found in other plastic materials. Moreover, bisphenol A is also employed to produce epoxy resin. Epoxy resin is utilised as a lining to coat the internal part of the metal items, including food cans, bottle tops and water supply pipes. This coating prevents the material from rusting or reacting with the food.
- The Dow Chemical Company
- Teijin Co., Ltd
- LG Chem
- Kumho P&B Chemicals. Inc.
News & Recent Development:
- April 03, 2023: There was an announcement by INEOS Phenol on the completion of the acquisition of the complete asset base of Mitsui Phenols Singapore Ltd from Mitsui Chemicals, which is a prominent producer of chemicals in Japan, for a total compensation of USD 330 million. The company’s total turnover is USD 750 million, and it manufactures more than one million tonnes of products annually, such as cumene (410 ktpa), phenol (310 ktpa), acetone (185 ktpa), alpha-methyl styrene (20 ktpa) and bisphenol A (150 ktpa). According to the organization, this acquisition will help them enter the Asian market, which would, in turn, provide them with exclusive competence to help their international customers’ future development strategies. The company also plans to develop new markets and customer relationships related to bisphenol A, as this will be a new product for INEOS.
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