Bisphenol S Market Analysis, Growth, Size, Share, Trends and Forecast to 2030 | ChemAnalyst

Bisphenol S Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030
 
NEW YORK - Jan. 24, 2023 - PRLog -- According to ChemAnalyst report, "Bisphenol S Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030", Bisphenol S market is projected to grow at a CAGR of 11.52% during the forecast period due to increasing demand of Bisphenol-S as an alternative of BPA as it is proven to be less toxic as well as less harmful in comparison to the latter. It has several applications as Heat Sensitive Developers, Polymer Modifiers, Water Soluble Resins, Thermosetting Resins and Flame Retardants for the production of different intermediates which are positively influencing the market for BPS in the forecast period.

Bisphenol S (BPS) is an organic compound that exists in white or off-white powder form which is miscible in organic solvents while soluble in water. It is used in manufacturing of polycarbonate plastics, epoxy resin, thermal papers across the globe. Additionally. Majority of the demand for BPS is generated by Heat Sensitive Developers that is used for the manufacture of Thermal Papers owing to the surging online purchasing coupled with its consumption in labelling in food & beverage industry, which is consequently driving the BPS market through 2030.

Read Full Report Here: https://www.chemanalyst.com/industry-report/bisphenol-s-290

Packaging of baby bottles, dental implants, the lining of canned food and drinks, plastic containers, plastic bowls, helmets, mobile phones, etc. are some of the other uses of BPS. Bisphenol S is also gaining momentum due to its utilization as an additive in brake fluid as well as sealing material. In addition, BPS finds application as reactant in polymer reactions as a substitute of Bisphenol A, thereby, fueling the demand of BPS through 2030. Bisphenol S is less acidic, more stable and heat labile in comparison with Bisphenol A, due to all these factors BPS is gaining popularity among the manufacturers of BPA and therefore its market is expanding replacing Bisphenol A that is proven be harmful to both humans and environment.
In first half of 2020, sudden outbreak of novel coronavirus had a significant impact on the global market as during first wave of COVID-19, countries went in complete lockdown which led to the decline in the growth of the construction and automotive industries, and this directly affected the growth of the Bisphenol-S market.

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