Purified terephthalic acid (PTA) is a raw material used in making high-performance multi-purpose plastics such as polybutyl terephthalate(PBT), polyethylene terephthalate(PET), and the new bioplastic that has been garnering attention in recent years, polytrimethylene terephthalate(PTT). Purified terephthalic acid (PTA) is made by causing a reaction between the secondary petroleum product paraxylene (PX) and acetic acid.
Based on region, the purified terephthalic acid market in South America is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increased demand for purified terephthalic acid from PET grade resin producers in South America. Asia Pacific is the largest market for purified terephthalic acid. The rise in consumption of PET material bottles and the increase in demand for purified terephthalic acid from the packaging industry are key factors driving the growth of the Asia Pacific purified terephthalic acid market.
In 2019, the market size of Purified Terephthalic Acid (PTA) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Purified Terephthalic Acid (PTA).
This report studies the global market size of Purified Terephthalic Acid (PTA), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Purified Terephthalic Acid (PTA) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
British Petroleum
Reliance Industries
Sinopec
Indorama Ventures Public Company
SABIC
Alpek
Eastman Chemical
Indian Oil
Lotte Chemical
Mitsubishi Chemical
Petkim Petrokimya Holding
JBF Petrochemicals
MCPI
Jiaxing Petrochemical
China Prosperity (Jiangyin) Petrochemical
Hanwha General Chemical
Hengli Petrochemical
Market Segment by Product Type
Type 1
Type 2
Market Segment by Application
Polyester
Polybutylene Terephthalate (PBT)
Plasticizers
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Purified Terephthalic Acid (PTA) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Purified Terephthalic Acid (PTA) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Purified Terephthalic Acid (PTA) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Purified Terephthalic Acid (PTA). Industry analysis & Market Report on Purified Terephthalic Acid (PTA) is a syndicated market report, published as Global (United States, European Union and China) Purified Terephthalic Acid (PTA) Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Purified Terephthalic Acid (PTA) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.