The global Tetramethyl Bisphenol A market was valued at 2.98 Million USD in 2021 and will grow with a CAGR of 5.14% from 2021 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Tetramethyl Bisphenol A is a methylated congener of Bisphenol A. Tetramethylbisphenol A is a flame retardant with anti-thyroid hormonal activity. Tetramethylbisphenol A inhibits growth and interferes with microtubules in human fibroblasts in vitro.Tetramethyl Bisphenol A is one of Bis phenols. 2,6Xylenol and Acetone are the main raw materials. There are few manufacturers in the world. Now there are only two players in India. Deepak Novochem Technologies Limited (DNTL) is the leading manufacturer. They are in the business of phenols and xylenols and their derivatives with manufacturing facilities in India. In global market, the production of Tetramethyl Bisphenol A increases from 232.6 MT in 2012 to 237.7 MT in 2016, at a CAGR of 0.54%. The global Tetramethyl Bisphenol A market is led by India, Deepak Novochem Technologies is the world leader, holding 70.18% production market share in 2016. In application, Tetramethyl Bisphenol A downstream is TMPC, Property Modifier and others. Globally, the Tetramethyl Bisphenol A market is mainly driven by demand for Property Modifier which accounts for nearly 62.31% of total downstream consumption. In the future, global market is expected to witness slowly growth on account of limited applications, so in the next few years, Tetramethyl Bisphenol A production will show a trend of small growth. In 2022 the production of Tetramethyl Bisphenol A is estimated to be 335.4 MT. On product prices, the slow downward trend in recent years will maintain in the future.
By Market Verdors:
Deepak Novochem Technologies
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
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Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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