Bisphenol A price October 2024 and outlook (see chart below)
- North America:US$1.41/KG, 2.2% up
- Europe:US$1.75/KG, 1.7% up
- Northeast Asia:US$1.56/KG, 2% up
- Southeast Asia:US$1.31/KG, 1.6% up
Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, fitness for purpose or timeliness
Bisphenol A price index
This post is a summary of the Bisphenol A price developments. The price developments of Bisphenol A are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Bisphenol A price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Bisphenol A, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Bisphenol A prices
- Recent price developments of underlying feedstocks which drive the price of Bisphenol A
- Market futures for both cost drives and feedstocks of Bisphenol A prices
- Adjustment of current supply/demand imbalances in the Bisphenol A market
- Longer term trends in likely demand conditions
Further information on the Bisphenol A price index
What is Bisphenol A
Bisphenol A (BPA) is a synthetic chemical compound that is used to make a variety of products, including plastics and resins. It is a high-production-volume chemical, which means that it is produced in large quantities and is used in a wide range of applications. BPA is a monomer, which means that it is a small molecule that can be polymerized, or linked together, to form larger molecules. When BPA is polymerized, it is used to make polycarbonate plastics and epoxy resins.
Polycarbonate plastics are used to make a variety of products, including food and drink containers, such as water bottles and baby bottles, as well as electronics, automotive parts, and medical devices. Epoxy resins are used to make coatings, adhesives, and other products.
There has been some concern about the potential health effects of BPA. Some studies have suggested that BPA can leach out of products made with it and that exposure to BPA may be linked to a variety of health problems, including cancer, fertility problems, and developmental issues. However, the U.S. Food and Drug Administration (FDA) has determined that BPA is safe at the current levels of exposure and that it is not a significant health risk. The European Union has also determined that BPA is safe for use in food contact materials.
What is Bisphenol A used for
Bisphenol A (BPA) is a synthetic chemical compound that is used to make a variety of products, including plastics and resins. It is a monomer, which means that it is a small molecule that can be polymerized, or linked together, to form larger molecules. When BPA is polymerized, it is used to make polycarbonate plastics and epoxy resins.
Polycarbonate plastics are used to make a variety of products, including food and drink containers, such as water bottles and baby bottles, as well as electronics, automotive parts, and medical devices. Epoxy resins are used to make coatings, adhesives, and other products.
Some examples of products that may contain BPA include:
- Water bottles
- Baby bottles
- Sports water bottles
- Food storage containers
- Plastic cutlery
- Compact discs
- Eyeglass lenses
- Dental sealants
- Medical devices
How is Bisphenol A produced
Bisphenol A (BPA) is produced by the reaction of phenol with acetone in the presence of an acid catalyst. The reaction takes place in a continuous process, and the resulting product is purified and dried to produce a white, crystalline solid.
The production of BPA begins with the preparation of phenol, which is typically produced from the catalytic reduction of cumene. Cumene is produced by the reaction of benzene with propylene, and it is also used as a starting material for the production of other chemicals, such as acetone.
Once the phenol has been prepared, it is mixed with acetone and an acid catalyst, such as sulfuric acid or hydrochloric acid. The mixture is heated and stirred to promote the reaction, which produces BPA and water as byproducts. The BPA is then purified and dried to produce a white, crystalline solid.
The production of BPA is a large-scale industrial process that is typically carried out in specialized chemical plants. It is important to follow proper safety guidelines and to use caution when handling BPA and the chemicals used to produce it.
How big is the Bisphenol A market
It is difficult to estimate the size of the global market for Bisphenol A (BPA), as it is a component of many products and is used in a wide variety of industries. However, BPA is an important chemical that is in high demand, and it is typically produced in large quantities. According to some estimates, the global market for BPA was valued at around $13.5 billion in 2019 and is expected to reach $18.5 billion by 2025, at a compound annual growth rate of 5.1%. The Asia-Pacific region is the largest market for BPA, accounting for more than half of global demand.
The demand for BPA is expected to continue to grow in the coming years, driven by increasing demand for plastics and other chemicals. BPA is used to make a wide range of products, including food and drink containers, automotive parts, and medical devices, and it is an important starting material for the production of a number of chemicals and products.
According to: https://oec.world/en/profile/hs/bisphenol-a-diphenylolpropane-salts
Bisphenol A, diphenylolpropane, salts are the world’s 1520th most traded product.
In 2020, the top exporters of Bisphenol A, diphenylolpropane, salts were South Korea ($381M), Chinese Taipei ($330M), Japan ($215M), Singapore ($179M), and Thailand ($163M).
In 2020, the top importers of Bisphenol A, diphenylolpropane, salts were China ($756M), South Korea ($163M), Thailand ($123M), India ($73.4M), and Japan ($46M).
Further information
NEED A QUICK DOWNLOAD?
ACCESS TO OUR FULL DATABASE IS US$399/YEAR, WITH A 30-DAY $30 TRIAL
GET THAT DOWNLOAD IN 3 MINUTES!
BusinessAnalytiq provides a database of hundreds of market & price trend data, as well as online tools to set up benchmarks and leading indicators.
Where does the data come from?
- The source of the data are exclusively public non-confidential sources. We have no access to primary data
- This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
- The data is a combination of contract and spot pricing
- Our algorithms are set up to eliminate significant product mix impact on the reported price
- We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
- The chart shows the our best approximation of the market trend based on our algorithm interpretation of the signals
- For most indexes we have multiple sources and we focus on using statistically-correlated sources
- As a function of our automation, it is likely that recent trends will be adjusted as we discover more information. So, for example, the price trend for February 2024 will be first calculated in February 2024 and adjusted in March, April and May 2024.
- We will update the data trend as more information becomes available, and this means that recent trends will always be adjusted as we get more data available
- The algorithm will regularly revise our understanding of market trends, and indicated market trends may change
- The data is presented in US$. The UOM of measure is shown in the Index list table
- Our automated software and we do our best to create an accurate representation of the trend
Where does the data NOT come from?
- We do not purchase data from any other source and republish it.
- We will not purchase data from any other source and republish it
- We do not extrapolate trends, even for the forecast. We look for other market signals and leading indicators
What data should our company use?
- If you are making decisions driving significant share of profit, we always recommend that you buy data from the companies who invest in direct primary market access such as ICIS, amongst many others
- Our data, at best, represents an estimate of the market trend based on public information
- We have no direct access to the market, and we do not interview suppliers and customers
- Our automated analysis tools in the online software are set up to combine our data with other sources of data
- We do not recommend that you use our data for direct price mechanisms, as we may change and improve the data trends over time, including historical data
What does the quality indication in the main menu mean?
- Quality level A: Data is from a reliable and confirmed source
- Quality level B: Data is from multiple credible sources and there are no major statistical inconsistencies between them
- Quality level C: Data is from multiple credible sources and there are some statistical inconsistencies between them
- Quality level D: Data is from a single credible source, but we cannot verify the data
- Quality level E: Data is either:
- From a single source, which we consider reliable, but we cannot verify the data.
- From 2 or more sources which have some periods of contradicting trends.
- Quality level F: Data is from a single source which we consider indicatively correct, but the data is anecdotal and we cannot verify the data.
What are the disclaimers?
- We assume no responsibility or liability for any errors or omissions in the content of this site.
- The information is provided on an “as is” basis with no guarantee of completeness, accuracy, usefulness, fitness for purpose or timeliness.
- By their nature, outlooks are always uncertain
How often do we update the data?
- We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
- The data for the current month and recent history are fine-tuned over time.
What are we doing to improve the data?
- We are continually improving our data collection and processing methods
- Pricing data will be updated from time to time as we improve the accuracy
- We are reviewing all data sources in the first half of 2024.
- There will be continuous fine-tuning of the trend and forecast algorithm as part of that.
- The key focus in 2024 is to add many additional indexes
How can i give feedback on the data or request for new indexes
- Feel free to contact us if you have a specific request. You can reach us via the Contact us page