The entire hydrogenated bisphenol A market has been sub-categorized into tуре and аррlісаtіоn. current and future demand for hydrogenated bisphenol A market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Growing demand for epoxy resin in various end-user industries is the key driver for the HBPA market’s growth. Rapid urbanization and the increasing need for strong, reliable power generation systems will boost this market in coatings for high voltage electric machines. The adoption of HBPA resins for coatings in the rapidly growing industrial facilities will be a market booster. Increasing demand for HBPA across various sectors like marine, aerospace, construction, and innovative solutions will widen market growth. This market will witness steady growth due to the rising applications of HBPA. The main challenging factor affecting this market’s growth will be the volatility of raw materials’ prices since this is a petroleum derivative.
The major players in the hydrogenated bisphenol A market include Nеw Јараn Сhеmісаl, Маruzеn Реtrосhеmісаl, Міllіkеn Сhеmісаl, Рuуаng Нuісhеng Еlесtrоnіс Маtеrіаlѕ, Yаngzhоu Ваоhuа Сhеmісаl.
Source: https://www.valuemarketresearch.com/report/hydrogenated-bisphenol-a-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.