Bisphenol S Market Size, Share and Trends, 2030

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Bisphenol S (BPS) Market to Grow at a CAGR of
11.52 through 2030
According to ChemAnalyst report, Bisphenol S
Market Plant Capacity, Production, Operating
Efficiency, Process, Demand Supply,
Application, End Use, Distribution Channel,
Region, Competition, Trade, Customer Price
Intelligence Market Analysis, 2015-2030,
Bisphenol-S market is projected to grow at a
CAGR of 11.52 during the forecast period due to
increasing demand of Bisphenol-S as an
alternative of BPA as it is proven to be less
toxic as well as less harmful in comparison to
the latter. It has several applications as Heat
Sensitive Developers, Polymer Modifiers, Water
Soluble Resins, Thermosetting Resins and Flame
Retardants for the production of different
intermediates which are positively influencing
the market for BPS in the forecast period. Read
Full Report Here https//www.chemanalyst.com/indu
stry-report/bisphenol-s-290 Bisphenol S (BPS) is
an organic compound that exists in white or
off-white powder form which is miscible in
organic solvents while soluble in water. It is
used in manufacturing of polycarbonate plastics,
epoxy resin, thermal papers across the globe.
Additionally. Majority of the demand for BPS is
generated by Heat Sensitive Developers that is
used for the manufacture of Thermal Papers owing
to the surging online purchasing coupled with its
consumption in labelling in food
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beverage industry, which is consequently driving
the BPS market through 2030. Packaging of baby
bottles, dental implants, the lining of canned
food and drinks, plastic containers, plastic
bowls, helmets, mobile phones, etc. are some of
the other uses of BPS. Bisphenol S is also
gaining momentum due to its utilization as an
additive in brake fluid as well as sealing
material. In addition, BPS finds application as
reactant in polymer reactions as a substitute of
Bisphenol A, thereby, fueling the demand of BPS
through 2030. Bisphenol S is less acidic, more
stable and heat labile in comparison with
Bisphenol A, due to all these factors BPS is
gaining popularity among the manufacturers of
BPA and therefore its market is expanding
replacing Bisphenol A that is proven be harmful
to both humans and environment. Read Free Sample
Report Online https//www.chemanalyst.com/ChemAna
lyst/RequestForm In first half of 2020, sudden
outbreak of novel coronavirus had a significant
impact on the global market as during first wave
of COVID-19, countries went in complete lockdown
which led to the decline in the growth of the
construction and automotive industries, and this
directly affected the growth of the Bisphenol-S
market. However, a swift recovery in the market
for BPS is witnessed since the situation came
back to its normal path due to its wide range
applications. Moreover, the increasing use of
epoxy resins as well as its utilization across
the world in the form of plastics that are used
extensively by consumers for food storage. In
Asia-Pacific region, BPS market is anticipated to
grow strongly during the forecast period as the
region is a manufacturing hub for polymers,
plastics, and electronics. Moreover, government
initiatives such as Make in India, bringing
Japanese manufacturing back in country or
Vietnams growing industrialization is creating
future growth path for BPS manufacturers in the
Asia Pacific region. However, it is anticipated
that there would be an acerbation in the global
market for BPS in the forecast period as several
economies are boosting their manufacturing units
to cater to the exponential rise in consumer
demand. Additionally, an exponential surge in the
demand for Bisphenol S is witnessed in Europe as
it is imposing ban gradually on the consumption
of Bisphenol A due to its health and environment
regards. North America is expected to show a
significant growth in the market for Bisphenol S
as it is extensively using in the production of
polyether sulfonate resins as well as global
manufacturer like Solvay is using BPS as an
intermediate in sulphonate polymers that further
cater to the increasing demand for
thermoplastics from automobile and electronics
sectors.
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Bisphenol-P market is expected to spur at a
considerable rate over the forecast period due to
being linked to the Plastics, Automotive and
Construction sector along with the growing
population, rapid population and changing
consumer preferences. Various industrial
applications of Bisphenol-S in coatings, leather
modifiers, dye intermediates, fiber processing
agents, metal plating brightener coupled with its
major utilization in the production of
polycarbonate resins which further used as a
substitute for glass, in a variety of skylight
and window applications, automotive industries
etc. Polycarbonate resin also has a significant
use in automotive industries. Hence, the demand
for polycarbonates, epoxy resins and
thermosetting resins is driving the market of
BPS. With the increasing popularity of Specialty
Fibers as one of the most desirable commodities,
new competitors emerging across the Asian
Specialty Fibers market, players anticipate that
there will be sufficient supply demand gaps in
future. At this, it is extremely important to
keep an eye which region will grab the biggest
market share in the upcoming years., said Mr.
Karan Chechi, Research Director with TechSci
Research, a research based global management
consulting firm promoting ChemAnalyst.
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