Bisphenols are synthetic/artificial organic chemicals family, generally used in the production of polycarbonate-type plastics & epoxy resins as well as developers for thermal papers. There are various types of bisphenols. Bisphenols A (BPA) and Bisphenols S (BPS) are most commonly used Bisphenols. Both BPS and BPA are regulated, but the use of BPA is generally restricted in lots of countries because of extensive research. As a result, manufacturers have increasingly started to replace BPA with BPS. BPS is a special type of organic compound, which is considered a better alternative to BPA because it has been scientifically/logically proven to be less harmful. The key advantage of BPS is that it is less acidic as compared to the BPA. As the awareness of this product increases, the supply of the product is in excess compared to the generated demand.
BPS product has various applications as polymer modifiers, flame retardants, heat sensitive developers, thermosetting resins, water soluble resins and also for the production of different intermediates. Most of the demand for BPS is usually generated by heat-sensitive developers that are used in the manufacture of thermal paper caused by increase in online shopping and consumption in labeling in the food and beverage industry, which is consequently driving the market of bisphemols S. Additionally, BPS is also used for packaging of baby bottles, lining of canned food & drinks, dental implants, plastic containers, helmets, plastic bowls and mobile phones. BPS is also gaining momentum owing to its use as an additive in brake fluid and as a sealing material.
As per analysis, “Global Bisphenols S Market, 2021-2027” the key companies operating in the global Bisphenols S market include Nantong Botao Chemical Co., Ltd., Chung Hwa Chemical Industrial Works, Ltd. (CHCIW), Zhangjiagang Gangda New Material Technology Co., Ltd., BASF SE, Haining Huangshan Chemical Industry Co., Ltd., Nisso Metallochemical Co., Ltd., Jiangsu Aolunda High Tech. Industry Co., Ltd., Dharamsi Morarji Chemical Company Limited (DMCC), Chongqing Qiutian Chemical Co., Ltd., Jiangyin Changsheng Chemical Industry Limited Company, Volant-Chem Corp., Konishi Chemical Ind., Co., Ltd., Nicca Chemical Co., Ltd., Solvay S.A., Dafeng Huada Chemical Co., Ltd, Nantong Baisheng Chemical Co., Ltd. and among others. Leading manufacturers use BPS as an intermediary in the sulphone polymers to accommodate to the growing demand for thermoplastics from aerospace, automobile, and electronics sectors.
The demand for BPS in the European market has recently increased exponentially as the health hazards from bisphenol increase; environmental authorities in Europe gradually impose a ban on the consumption of BPA. In North America region, BPS is listed as an indirect food additive for use as a monomer in the production of polyethersulfone resins. The Asia-Pacific BPS market is anticipated to grow at a high growth rate as the region has emerged as a hub of polymers, plastics and electronics manufacturing during the forecast period. It is projected that future of the global Bisphenols S market will be bright as a result of rise in consumer demand and growth in industrialization during the forecast period.
For More Information, refer to below link:-
Global Bisphenols S Market Growth Rate 2021-2027
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