Bisphenol-A Diglycidyl Ether Market Size, Share, Analysis, Trends, Growth, Forecasts, 2032

Bisphenol-A Diglycidyl Ether Industry Prospective:

The global bisphenol-A diglycidyl ether market size was evaluated at 7,083 metric tons in 2023 and is slated to hit 13,000 metric tons by the end of 2032 with a CAGR of nearly 7% between 2024 and 2032.

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Bisphenol-A Diglycidyl Ether Market: Overview

Bisphenol-A Diglycidyl Ether is an organic compound that is a colorless viscous liquid. It is a key formulation of epoxy resins. Reportedly, bisphenol A, catalyst, and heat outputs Bisphenol A glycidyl ether epoxy resins having high molecular weights of a solid kind. The product is utilized in a slew of industrial applications.

Key Insights

• As per the analysis shared by our research analyst, the global bisphenol-A diglycidyl ether market is projected to expand annually at the annual growth rate of around 7% over the forecast timespan (2024-2032)
• In terms of revenue, the global bisphenol-A diglycidyl ether market size was evaluated at nearly 7,083 metric tons in 2023 and is expected to reach 13,000 metric tons by 2032.
• The global bisphenol-A diglycidyl ether market is anticipated to grow rapidly over the forecast timeline owing to a rise in infrastructural projects and construction activities along with an increment in the demand for industrial equipment.
• In terms of type, the viscous liquid segment is slated to register the highest CAGR over the forecast period.
• Based on end-users, the automotive segment is predicted to contribute majorly towards the global industry proceeds in the upcoming years.
• Region-wise, the North American bisphenol-A diglycidyl ether industry is projected to register the fastest CAGR during the forecast timespan.

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Bisphenol-A Diglycidyl Ether Market: Growth Factors

Flourishing construction activities to prop up the growth of the market globally over 2024-2032

A rise in the infrastructural projects and construction activities along with an increment in the demand for industrial equipment is likely to push the growth of the global bisphenol-A diglycidyl ether market in the years ahead. Swiftly expanding automotive sector has led to a rise in the demand for lightweight automotive components for reducing fuel emissions, thereby contributing remarkably towards the global market proceeds in the upcoming years. Furthermore, the need for electric insulation in electrical goods along with the need for high-performance epoxy materials in consumer electronics will prop up the scope of the global market in the ensuing years. Escalating demand for effective packaging activities and the flourishing e-commerce sector are projected to spur market trends across the globe.

Bisphenol-A Diglycidyl Ether Market: Restraints

Rise in the landfills due to non-degradable plastic usage can put brakes on the global industry surge by 2032

The product and its derivatives are classified to possess components that can cause skin irritation, endocrine issues, and respiratory disorders. This can hinder the acceptance and use of the product globally, thereby severely impacting the global bisphenol-A diglycidyl ether industry demand. A surge in plastic waste leading to environmental degradation is anticipated to restrict the growth of the industry globally.

Bisphenol-A Diglycidyl Ether Market: Opportunities

An immense consumer demand for highly performing products can scale the growth of the market globally

An increase in the penetration of product in the aerospace sector due to a rise in the demand for advanced composites is likely to open new growth opportunities for the global bisphenol-A diglycidyl ether market in the upcoming years. A rise in customer preference towards high-performance products is likely to define the growth of the market globally.

Bisphenol-A Diglycidyl Ether Market: Challenges

An increase in the use of substitute products can put a huge challenge in the global industry expansion by 2032

A rise in the competition from alternate products along with an immense sale of green products can affect the global bisphenol-A diglycidyl ether industry growth. Strict compliance laws and supply chain disruptions can further challenge the expansion of the global industry in the near future.

Bisphenol-A Diglycidyl Ether Market: Segmentation

The global bisphenol-A diglycidyl ether market is divided into type, end-user, and region.                                          

In terms of type, the bisphenol-A diglycidyl ether market across the globe is bifurcated into viscous liquid and white crystal segments. Additionally, the viscous liquid segment, which dominated the segmental sphere in 2023, is set to continue its leading position in the next couple of years. The segmental growth can be subject to a rise in the use of product in epoxy resins, composites, and coatings & adhesives. In addition to this, the ease of processing the liquid form of the product and reaction control will drive the segmental surge.

Based on the end-user, the global bisphenol-A diglycidyl ether industry is divided into aerospace and automotive segments. Furthermore, the automotive segment, which accrued nearly 75% of the global industry proceeds in 2023, is likely to account for a major portion of the global share of the industry in the assessment timeline. The expansion of the segment in the next few years can be subject to a surge in product use in automotive coatings as the product possesses rust-resisting features. It is also used as insulation material in vehicles as well as in repair & maintenance activities.

Bisphenol-A Diglycidyl Ether Market: Report Scope

Bisphenol-A Diglycidyl Ether Market: Regional Insights

Asia-Pacific is anticipated to maintain leadership position in the global market during the projected timeframe

Asia-Pacific, which accounted for two-thirds of the global bisphenol-A diglycidyl ether market earnings in 2023, is projected to retain key status in the global market in the next decade. In addition to this, the regional market expansion in the assessment period can be attributed to a surge in the allocation of funds to construction activities. Reportedly, China is one of the largest aircraft producers across the globe and has the highest number of domestic air travelers. Furthermore, the flourishing aerospace sector in China and India will account majorly for the regional market growth.  

North American bisphenol-A diglycidyl ether industry is predicted to register the fastest growth rate each year in the coming eight years. The growth of the industry in North America can be due to a rise in vehicle production in countries such as the U.S. Additionally, a surge in the use of polycarbonate plastics will prop up the growth of the industry in the region. Apart from this, the product is also used in the manufacturing of toys, medical equipment, and electronic parts in Canada and the U.S.

Bisphenol-A Diglycidyl Ether Market: Competitive Space

The global bisphenol-A diglycidyl ether market profiles key players such as:

• NIPPON STEEL Chemical & Material Co. Ltd
• Nantong Stars Synthetic Material Ltd
• Mitsubishi Chemical Corporation
• Kumho P&B Chemicals Inc.
• Covestro AG
• NAN YA PLASTICS Industry Co. Ltd
• Hexion
• LG Chem
• Lihuayi Weiyuan Chemical Co. Ltd
• Mitsui Chemicals Inc.
• The DOW Chemical Company
• Merck KGaA.

The global bisphenol-A diglycidyl ether market is segmented as follows:

By Type

• Viscous Liquid
• White Crystal

By End-User  

• Aerospace
• Automotive

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa