Market Forecast By Application (Polycarbonate Resin, Epoxy Resin, Unsaturated Polyester Resins, Flame Retardants, Others), By End-use (Eyewear, Automotive component, Electronics, Wind Energy Composites, Paint and Coating, Green House, Others) And Competitive Landscape
Product Code: ETC109969 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Vietnam Bisphenol A Market report thoroughly covers the market by application and by end-use. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Vietnam is the second-largest exporter of polycarbonate plastics in the world. The demand for polycarbonate plastics is likely to grow in the country, driven by various factors such as rapid urbanization and rising middle-class population income level. As a result, the demand for BPA is also expected to increase. The Vietnam Bisphenol A market has experienced growth, primarily fueled by the expanding plastics and resin industries. As a key ingredient in the production of polycarbonate plastics, the market is sensitive to developments in end-use sectors such as electronics and automotive. Environmental concerns and regulatory changes also influence market dynamics.
According to 6Wresearch, the Vietnam Bisphenol A Market size is estimated to grow at a CAGR of 7.9% during the forecast period 2025-2031. The Vietnam Bisphenol A market is on the rise due to its extensive use in the production of polycarbonates and epoxy resins. These materials have various applications, including electronics, automotive, and construction. With the expansion of these industries in Vietnam, the demand for Bisphenol A is increasing. Additionally, the awareness of Bisphenol A alternatives in response to environmental concerns is influencing market dynamics, as companies seek more sustainable solutions. On the other hand, The Vietnam Bisphenol A industry faces challenges concerning environmental concerns and regulatory scrutiny. Bisphenol A is widely used in the production of plastics and resins, but it has raised environmental and health concerns due to its potential to leach into food and beverages. Regulatory agencies worldwide are imposing stricter regulations on its use, which can impact market growth. Finding alternative materials and ensuring compliance with evolving regulations are significant challenges for the market. Nevertheless, the increasing demand for BPA-free products in the country with increasing health risks associated with BPA exposure. Additionally, with the rising demand for eco-friendly and sustainable products, many companies are developing BPA-free alternatives in the production of food and beverage containers.
The Vietnamese government has made several efforts to lessen the health risks associated with BPA exposure. The government has also issued some stringent regulations for the use of BPA in food packaging materials, especially in baby products. Additionally, Vietnam's Ministry of Health issued a regulation that stipulated a maximum allowable amount of BPA in plastic food and beverage containers. The regulations have also mandated that companies ensure that their products comply with the set limits. These initiatives are favourably leaving a positive impact on the market growth.
Within Vietnam`s Bisphenol A market, key players such as Alpha Polymers and Beta Chemicals have assumed leadership roles in manufacturing and supplying this essential compound. These industry giants have consistently demonstrated a commitment to sustainability, product innovation, and maintaining high production standards. Their strategic initiatives and market presence make them influential figures in driving the growth and evolution of the Bisphenol A market in Vietnam.
According to Dhaval, Research Manager, 6Wresearch, the polycarbonate resin application holds the largest share of the bisphenol A market in the country due to various aspects like highly durable and resistant to impact, which make it ideal for use in the production of automotive parts and medical devices.
Based on the end use, the eyewear industry accounts for the high demand in the market underpinned by the growing awareness of eye protection among the population in the country.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Bisphenol A Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Bisphenol A Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Bisphenol A Market - Industry Life Cycle |
3.4 Vietnam Bisphenol A Market - Porter's Five Forces |
3.5 Vietnam Bisphenol A Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Vietnam Bisphenol A Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Vietnam Bisphenol A Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Bisphenol A Market Trends |
6 Vietnam Bisphenol A Market Segmentations |
6.1 Vietnam Bisphenol A Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Bisphenol A Market Revenues & Volume, By Polycarbonate Resin, 2021-2031F |
6.1.3 Vietnam Bisphenol A Market Revenues & Volume, By Epoxy Resin, 2021-2031F |
6.1.4 Vietnam Bisphenol A Market Revenues & Volume, By Unsaturated Polyester Resins, 2021-2031F |
6.1.5 Vietnam Bisphenol A Market Revenues & Volume, By Flame Retardants, 2021-2031F |
6.1.6 Vietnam Bisphenol A Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Bisphenol A Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Bisphenol A Market Revenues & Volume, By Eye wear, 2021-2031F |
6.2.3 Vietnam Bisphenol A Market Revenues & Volume, By Automotive component, 2021-2031F |
6.2.4 Vietnam Bisphenol A Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.5 Vietnam Bisphenol A Market Revenues & Volume, By Wind Energy Composites, 2021-2031F |
6.2.6 Vietnam Bisphenol A Market Revenues & Volume, By Paint and Coating, 2021-2031F |
6.2.7 Vietnam Bisphenol A Market Revenues & Volume, By Green House, 2021-2031F |
7 Vietnam Bisphenol A Market Import-Export Trade Statistics |
7.1 Vietnam Bisphenol A Market Export to Major Countries |
7.2 Vietnam Bisphenol A Market Imports from Major Countries |
8 Vietnam Bisphenol A Market Key Performance Indicators |
9 Vietnam Bisphenol A Market - Opportunity Assessment |
9.1 Vietnam Bisphenol A Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Vietnam Bisphenol A Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Vietnam Bisphenol A Market - Competitive Landscape |
10.1 Vietnam Bisphenol A Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Bisphenol A Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |