Bisphenol F Market - Forecast(2021 - 2026)

Bisphenol F Market size is forecast to reach $XX million by 2025, after growing at a CAGR of XX% during 2020-2025, owning to increasing demand for bisphenol F in manufacturing epoxy resin. Purity of bisphenol F is essential to improve the properties of polymer made by epoxy resin. Epoxy resins based on the bisphenol- F are widely used in formulations for adhesives, coatings, laminates, and encapsulants. Increasing penetration of composites, emerging demand from developing countries, and revolutionary advancements in weight reduction and safety is driving epoxy resins demand, which in turn is driving bisphenol F market growth.


Report Coverage

The report: “Bisphenol F Market– Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Bisphenol F Industry. 

By Product Form: High Viscosity, and Low Viscosity.
By Application: Epoxy Resin, Polycarbonate, Phenol-formaldehyde Resin and others.
By Geography: North America, South America, Europe, APAC, and RoW.


Key Takeaways

  • Asia Pacific dominates the bisphenol F market, owing to the increasing manufacturing & construction activities in the region due to various government initiatives such as 100 smart cities and Housing for all by 2022 in the region.
  • Bisphenol F is also utilized in liners, lacquers, adhesives, plastics, and the coating of drinks and food cans. Another use for Bisphenol F is in dental materials, in restorative materials, liners, adhesives, oral prosthetic devices and tissue substitutes.
  • Due to the COVID-19 pandemic, operations in various industries such as electronics and construction is being significantly affected due to the COVID-19 epidemic, as most of countries have issued “stay at home guidance” i.e., lockdown. And it is expected that the outbreak of COVID-19 will be seen in the whole year of 2020, and a few months in 2021. Therefore, this factor is resulting in decline of epoxy resin, polycarbonate, phenol-formaldehyde resin demand which in turn is affecting bisphenol F market growth.

Application - Segment Analysis

Epoxy resin held the largest share in the bisphenol F market growth in 2019 and is growing at a CAGR of XX%. Bisphenol F epoxy resin possesses low viscosity (2,000-3,000 m Pa) and is used in solvent free or high solids coatings, flooring, linings, impregnation, molding, laminates, as well as in some high-performance fiber reinforced composite systems. Bisphenol F epoxy resins help in the development several properties in coatings, such as strength, durability, and chemical resistance. Its properties and abilities of quick drying, toughness, excellent adhesion, good curing, abrasion resistance, and excellent water-resistivity, make it suitable for providing enhanced protection to metals and other surfaces. Bisphenol F epoxy powder coatings are used on washers, dryers, and other white goods, on steel pipes and fittings used in the oil and gas industry, water transmission pipelines, and concrete reinforcing rebar, due to their flexible applicability. 


Geography - Segment Analysis

Asia Pacific region held the largest share in the conductive coatings market in 2019 up to 30%, owing to the thriving electronics industry, economic growth, increasing population and per capita income in the region. With rise in population the demand for electronic gadgets and consumer goods is also increasing significantly in the region. Also, due to increasing demand for electronic and information technology the production rate is increasing in the various Asia Pacific regions such as India, China and Japan. 


According to Electronic Industries Association of India (ELCINA), the total production of electronics sector in India was Rs.3,87,525 crore in 2017-18, compared to Rs.3,17,331 crore in 2016-17, exhibiting a growth of about 22%. According to Invest India, by 2025, India could create a digital economy of $800 billion to $1 trillion, and India’s digital economy could fuel 18–23% of overall economic activity by 2025.  According to Japan Electronics and information Technology Industries Association, in 2019 Japan produced a total of 509,264-million-yen consumer electronic equipment. Epoxy resins are extensively used in electrical and electronics industry. As bisphenol F improves the performance of polymer made by epoxy resin, its demand is also increasing with expansion of electrical and electronics industry in the region.

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