The report forecasts the global bisphenol-A market to grow at a CAGR of 5.17% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the most important aspects of the integration of the bisphenol-A production chain is the assurance that can be gained by the involvement of upstream chemical companies. Bisphenol-A is a chemical, which is derived from phenol and acetone. Although low down the crude oil value chain, it is not absolutely shielded from the effects of the collapse of crude oil prices.
According to the report, the sustained demand for polycarbonate plastics will be a key driver for this market. Polycarbonate plastics have excellent properties such as high tensile strength and high thermal stability that make them useful in many applications.
Further, the report states that low oil prices will affect the upstream value chain. Crude oil has historically been one of the most volatile commodities, and the primary reason for this is the complex and interwoven value and supply chains that have been created due to over-dependence of almost all world economies on oil. This directly affects a lot of products that are derived from it such as gasoline and lubricants.