Bisphenol A is an industrial chemical produced in very
large quantities across the globe and is used in the synthesis of commercial
plastic such as epoxy resins and polycarbonates. Bisphenol
A is one of the most extensively used synthetic compounds in the world with
an annual production of 5 million tonnes in the United States and a 13% growth
in Asia. Bisphenol A is ubiquitous substance found in a wide range of consumer
products and healthcare consumables. Bisphenol A (BPA) is found in eye-ware,
optical devices, and medical equipment. Bisphenol A has been widely used in the
production of polycarbonate plastic bottles and as protective coating inside
metal food and beverage cans.
Approximately 90% of the Bisphenol A produced
worldwide is used as an intermediate in the production of epoxy resins and
polycarbonate plastics. Bisphenol A is also a vital component of certain
specialty applications such as flame-retardants and as an antioxidant and
stabilizer in the production of PVC and other plastic items. Since 1960s,
Bisphenol A has been used in food packaging to make epoxy resins that are
critical to enhance the safety of food supply and contribute to healthy and
modern lifestyles.
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BPA is used safely in food packaging items to extend
shelf life and protect food items from contamination and spoilage.
Polycarbonate plastics and epoxy resins have been approved for a long time by
government agencies across the globe including the U.S. FDA and the European
Food Safety Authority. Polycarbonate plastics are used to make food containers
such as reusable beverage bottles, tableware, and storage containers. Epoxy
resins are used a food-contact surface coatings for metal jar lids, cans,
coatings and finishes, automobile parts, adhesives, and aerospace applications,
and as a coating for PVC water pipe walls.
Bisphenol A has also been used in water supply pipes,
medical devices, dental sealants, and composites along with development of
certain drug candidates from Bisphenol
A. Over the recent years, increasing investments have been made to
accelerate research to develop bio-based bisphenol A for the production of
epoxy resins due to its negative impact on the environment.
Major companies in the market include LG Chem Ltd.,
Covestro AG, The Dow Chemical Company, SABIC, Kumho P&B Chemicals Inc.,
Mitsui Chemicals, Teijin Limited, China National Bluestar (Group) Co. Ltd., Nan
Ya Plastics Corporation, and Samyang Holdings Corporation. In December 2021,
Hexion Holdings announced it had agreed to sell its epoxy resins business to
Westlake Chemical for USD 1.2 Billion. Hexion’s epoxy business has annual sales
of USD 1.5 billion of liquid epoxy resins and raw materials such as bisphenol A
and epichlorohydrin.
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