Bisphenol F Market, By Product Type (High Viscosity and Low Viscosity), By Application (Polycarbonate, Epoxy Resin, and Phenol-formaldehyde Resin), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Bisphenol F Market was valued at US$ 1994.9 million in 2024 and is projected to grow at a CAGR of 2.80% to reach US$ 2566.3 million by 2034.

Bisphenol F (generally called BPF) is the dimer of phenolic resin. The structure is made up of a bridge carbon connecting two phenolic rings. Synthetic organic substance Bisphenol F (BPF) is a member of the bisphenol family of compounds. It is frequently utilized as a raw material in the manufacturing of epoxy and polycarbonate resins. It is created when phenol and formaldehyde combine. The molecular weight of BPF is greater and its chemical structure is somewhat different from that of Bisphenol A (BPA), despite their structural similarity.

Owing to its superior mechanical and thermal qualities, BPF is extensively utilized in a variety of sectors, including electronics, automotive, construction, and packaging. Its strong resistance to UV radiation, heat, and chemicals is particularly advantageous for high-performance applications. Because of its strong resistance to heat, chemicals, and UV light, it is perfect for use in high-performance applications including coatings, electrical components, and automotive parts

The market for bisphenol F (BPF) is expected to increase steadily because of its essential function in high-performance polymers used in a variety of sectors. BPF is used in polycarbonate, epoxy resin, and phenol-formaldehyde resin. It is produced by condensing phenol with formaldehyde. The compound is widely used in goods ranging from electronic encapsulants to eyeglass lenses due to its flexibility and compatibility with diverse production techniques.

The worldwide focus on sustainable practices has an impact on the market's growth as well. It is expected that bisphenol F's involvement in creating recyclable and ecologically friendly materials would contribute to continuous demand as businesses look into eco-friendly alternatives. In summary, despite obstacles, the bisphenol F market is expected to grow, with opportunities spanning both established and developing sectors. Because of the compound's crucial function in producing high-performance plastics and its ability to adjust to changing market needs, the projected timeframe is marked by consistent growth.

Bisphenol F Market Key Drivers:

• Growing demand for High-performance plastics

Compared to regular plastics, high-performance plastics are a specific class of polymers that have better mechanical, thermal, chemical, and electrical capabilities. These materials are appropriate for a variety of sectors and applications where regular plastics would not function well since they are designed to endure harsh environments and demanding uses. The market for Bisphenol F is significantly influenced by the growing need for high-performance plastics, which is being pushed by sectors including electronics, aerospace, and automotive. These industries depend on polymers such as epoxy resin and polycarbonate, in which Bisphenol F is essential for improving the material's characteristics.

• Rise in the number of building and construction activities

Bisphenol F is utilized in the production of epoxy resins and polymers. In the industry, it's employed to make materials thicker and more resilient. It is utilized in the manufacturing of structural adhesives, grouts, coatings, electrical varnishes, road and bridge deck toppers, industrial flooring, and tank and pipe linings. Building and construction activities are growing in nations like China and India as a result of economic reforms and increased per capita personal wealth the government of India has launched initiatives like "Housing for All by 2022" and "100 Smart Cities," which are anticipated to propel the country's residential building industry throughout the projected timeframe. The expansion of the bisphenol F market is being aided by the government's efforts, which are increasing development and construction activity in the area.

Bisphenol F Market Restrains:

• Increase in awareness of population

Early childhood exposure to endocrine disruptors, such as bisphenols (BPs), like bisphenol A, bisphenol S, and bisphenol F, may be linked to obesity. Numerous household items, such as food packaging, beverage containers, cosmetics, toys, PVC flooring, and water pipes, contain bisphenols. These substances have been related to major negative health effects in humans, such as cardiovascular disease, sperm morphological abnormalities or DNA damage, miscarriage, early puberty, diabetes, and obesity. Thus, these elements are impeding the expansion of the market.

Bisphenol F Market is segmented based on Product Type, Application and region:

Product Type Insights:

• High Viscosity:

High viscosity Bisphenol F is an excellent substance for insulation because it increases flexibility while maintaining maximum strength and durability. The electronic sector, the construction materials sector, the manufacturing of electric wire and cables, etc. are some of its main application areas.

• Low Viscosity:

The low viscosity bisphenol F contributes to shorter production times and better workability of resin, which is in great demand, especially in sectors like construction and building materials. Companies that formulate plastisol, which is used to make flexible polyvinyl chloride (PVC) sheets, are the main end customers of this commodity.

Among the mentioned segments, the one which dominates the market is the High viscosity segment as it provides with improved flexibility, with strength and resilience and a broad window for variety of applications in different sectors.

Application Insights:

• Polycarbonate:

Food containers are produced from polycarbonates(PCs) based on bisphenol F, particularly those containing BPA, since they have low impact toughness but strong temperature stability and surface hardness. 

• Epoxy Resin:

Bisphenol F epoxy resin is utilized in flooring, linings, molding, impregnation, laminates, and some high-performance fiber reinforced composite systems. It has a low viscosity (2,000–3,000m Pa). Bisphenol F epoxy resins aid in the creation of coatings' strength, durability, and chemical resistance, among other qualities. It is appropriate for giving metals and other surfaces improved protection because of its qualities and capabilities, which include rapid drying, toughness, great adhesion, effective curing, abrasion resistance, and excellent water-resistivity.

• Phenol-formaldehyde Resin:

Phenol-formaldehyde resins, which are utilized in adhesives and molded goods, are also made using Bisphenol F. These resins are vital in industries where the strength and molding capabilities of the adhesive are critical, such as construction and furniture production.

Among the mentioned segments the one that dominates the market the most is the Epoxy Resin segment as it facilitates the development of several coating attributes, including strength, durability, and chemical resistance.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Bisphenol F Market Regional Insights

• North America market is estimated to witness a significantly high revenue share over the forecast period, owing to the technological advancements, and its strong presence in the end-use industries like electronics and automotive.
• Asia Pacific market is estimated to witness largest revenue share due to the recent expansion of production and construction facilities established in China and India, where labor is more affordable and prices are lower, which has been a major driver of the market’s growth.
• Europe market finds lucrative market opportunities owing to the exceptionally high product adoption rate of these resins across a variety of end-use industries, such as the paint and coatings industry, the construction materials industry, etc., which drives their consumption from this area alone drives the market towards growth.
• Latin America market is increasing gradually due to the growing consumption of these products by various end-use industries such as the construction and furniture industries, and rising applications in adhesives and molding products.
• Middle East & Africa market is an emerging market owing to the region’s economic development with rising applications in the construction and manufacturing sectors and increasing demand for the high-performance plastics.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Bisphenol F Market report based on Product Type, Application and region:

Bisphenol F Market, By Product Type:

• High Viscosity
• Low Viscosity

Bisphenol F Market, By Application:

• Polycarbonate
• Epoxy Resin
• Phenol-formaldehyde Resin

Bisphenol F Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Bisphenol F Market includes, DIC Corporation, HONSHU CHEMICAL INDUSTRY Co., Ltd., Daelim chemical Co. Ltd., Huntsman, Olin, Sichuan EM Technology, Gunei Chemical Industry Co., Ltd., and Emtco Ltd.

• In January 2022, The official agreement between DIC Corporation and Sun Chemical Group S.p.A., a fully owned subsidiary located in Milan, resulted in the acquisition of 100% of the shares of SAPICI S.p.A., an Italian manufacturer of adhesives and polymers, and its holding company, FINAPE S.r.l.  With this purchase, the Group hopes to strengthen its worldwide adhesives supply configuration and promote complementary strategic items in various global areas, ultimately increasing annual global adhesive sales to twice the existing level by the year 2030.

• DIC Corporation*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• HONSHU CHEMICAL INDUSTRY Co., Ltd.
• Daelim chemical Co. Ltd.
• Huntsman
• Olin
• Sichuan EM Technology
• Gunei Chemical Industry Co., Ltd.
• Emtco Ltd.

“*” marked represents similar segmentation in other categories in the respective section