The Biphenyltetracarboxylic Dianhydride (BPDA) market is expected to grow at a CAGR of 7.5% during the forecast period.

Biphenyltetracarboxylic Dianhydride (BPDA) Market Overview:

Biphenyltetracarboxylic Dianhydride (BPDA) is a raw material commonly used in the manufacture of commercial polyimide resins, and is also used in the production of information and electronic technology products such as mobile phones and copiers.

Polyimide made of BPDA monomer is mainly used for heat-resistant plastic films, electronic circuits, intermediate transfer and fixing belts in copiers and printers, and color resist inks.

The condensation reaction of diamine and dianhydride (BPDA) is the main method for synthesizing polyimides. This leads to the formation of an intermediate polyamic acid (PPA) that can be dehydrated to form polyimide.

Biphenyltetracarboxylic Dianhydride (BPDA) market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Biphenyltetracarboxylic Dianhydride (BPDA) market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in Biphenyltetracarboxylic Dianhydride (BPDA) Industry Research:

Market Key Players:
Mitsubishi Chemical, Akron Polymer Systems, Ube, Aether Speciality Chemicals, Shangdong, Helishi, Liyang  Qinfeng, Alfa Chemistry, And Others.

By Type:

• Purity 99.5%
• Purity 99.0%

By Application:

• Heat-Resistant Plastic Film
• Electronic Circuits
• Color Resist Inks
• Medical & Science

By Region:

In terms of region, the global Biphenyltetracarboxylic Dianhydride market can be segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific and North America are expected to account for major share of the global market during the forecast period. Biphenyltetracarboxylic dianhydride market in Asia Pacific is expected to expand at a significant rate owing to the increase in per capita income in developing countries such as China and India. An increase in per capita income increases the consumption power of consumers. This, in turn, is estimated to boost demand for electrical and electronic products (such as wire and cable) in the Asia Pacific region.

The Middle East and Africa are expected to be lucrative regions for the global Biphenyltetracarboxylic Dianhydride market during the forecast period, owing to increasing demand for polymers such as polyimide in wire and cable and pressure sensitive tapes in this region.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Drivers

The Biphenyltetracarboxylic Dianhydride market is highly dependent on polyimide consumption in various end-use industries such as electronics, aerospace and automotive. Polyimides derived from BPDA and aromatic diamines (2,2'-bis(trifluoromethyl)benzidine and 9,9'-fluorenylidene-4,4'-dianiline) have high glass transition and decomposition temperatures and is soluble in organic solvents. Polyimide is used in many applications in electronics. It is mainly used for wafer carriers and guides, test holders, chip trays, hard disk drive components, electrical connectors, coil bobbins, wire insulators, digital copiers and printer components. Demand for electronic devices such as smartphones, computer accessories and TVs is growing at a rapid rate. The millennial population is a major demand generator for these devices. China, South Korea and Taiwan are major exporters of electronic devices. The electronics market is growing at an average annual rate of 7-8%. Growing customer base in the above-mentioned countries is expected to propel the demand for polyimide, driving the demand for BPDA over the forecast period.

Demand for electronic products is expected to increase due to the increase in personal disposable income and the spread of the telecommuting culture, and accordingly, the demand for BPDA, one of the key components of polyimide, is expected to increase in the near future.

Restraint

Hexafluoroisopropylidenebisphthalic Dianhydride (6FDA), Pyromellitic dianhydride (PMDA) and Oxydiphthalic Anhydride (ODPA) are substitutes for biphenyltetracarboxylic dianhydride. The easy availability of substitutes can hinder the market.

Biphenyltetracarboxylic Dianhydride (BPDA) Market report scope:

Key Takeaways from this Biphenyltetracarboxylic Dianhydride (BPDA) Report

• Estimate Biphenyltetracarboxylic Dianhydride (BPDA) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Biphenyltetracarboxylic Dianhydride (BPDA) market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Biphenyltetracarboxylic Dianhydride (BPDA) market?

The Biphenyltetracarboxylic Dianhydride (BPDA) market is expected to grow at a CAGR of 7.5% during the forecast period.

What are the key types of Biphenyltetracarboxylic Dianhydride (BPDA) market?

Purity 99.5%, Purity 99.0%

What are the key applications of Biphenyltetracarboxylic Dianhydride (BPDA) market?

Heat-Resistant Plastic Film, Electronic Circuits, Color Resist Inks, Medical & Science        

Who are the key players in Biphenyltetracarboxylic Dianhydride (BPDA) market?

Mitsubishi Chemical, Akron Polymer Systems, Ube, Aether Speciality Chemicals, Shangdong, Helishi, Liyang  Qinfeng, Alfa Chemistry, And others.