This Purified Terephthalic Acid (PTA) report reveals detailed information about the global key players as well as some small players of the market. the information of each competitor includes company profiles, SWOT analysis, sales and revenue. This Purified Terephthalic Acid (PTA) report studies the market status and outlook of global market and splits the market by product type and application. The overall effect on the consumer preferences will have a major say on the market working years to come. This markets competitive manufactures and the upcoming manufacturer are detailed research. Revenue, production, price, market share of these players in mentioned in the precise information.
The Global Purified Terephthalic Acid (PTA) Market is expected to reach USD 67.98 billion by 2026, from USD 45.60 billion in 2019 growing at a CAGR of 4.90% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2019 to 2026.
To obtain such first-class Global Purified Terephthalic Acid (PTA) market research report, meticulous hard work of skilled forecasters, well-versed analysts and knowledgeable researchers have been utilized. Moreover, intricate market insights are turned into simpler version with the help of proven tools and techniques and then provide it to you. Market report like this one holds an immense importance for the growth of any business. By understanding client’s requirements precisely, this report brings together business and product information for the sustainable growth in the market. This Global Purified Terephthalic Acid (PTA) market research report best suits the requirements of the client.
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Global Purified Terephthalic Acid (PTA) Market, By Application (Polyester, Plasticizers, Polybutylene Terephthalate, Others) By End User (Textile, Home furnishing, Bottling & Packaging, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
Complete report on Global Purified Terephthalic Acid (PTA) Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Purified Terephthalic Acid (PTA) Market
Purified terephthalic acid (PAT). Paraxylene (PX) is considered as a main raw material. PTA is commercially produced by oxidising PX to shape terephthalic acid (TA) which is then purified to form PTA. It is also used to manufacture PET resin which is used in production of bottles and containers for the food and beverage industry. Purified terephthalic acid is majorly used in the production of polyester fibers, textile and films. According to The National Council of Textile Organizations (NCTO), in 2017, the value of U.S. man-made fiber and filament, textile, and apparel material shipments totalled to the expected amount of USD 77.9 billion; which was an uptick from USD 74.4 billion yielded in 2016 and an increment of 16.0% since 2009. As per The State of the Specialty Food Industry, food industry continues to grow at a strong clip with Dollar sales hit upto USD 127.0 billion, a 15.0% jump in total sales between 2014 and 2016. The above factor proves that the market for PET resin around the globe is growing and will drive the demand for purified terephthalic acid (PTA).
Key Questions Answered in Global Purified Terephthalic Acid (PTA) Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Purified Terephthalic Acid (PTA) Market in 2025?
- What are the key factors driving, Analysis by Applications and Countries Global Purified Terephthalic Acid (PTA) Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Purified Terephthalic Acid (PTA) Market?
- Who are Opportunities, Risk and Driving Force of Global Purified Terephthalic Acid (PTA) Market?
- Who are the opportunities and threats faced by the vendors in Global Purified Terephthalic Acid (PTA) Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Purified Terephthalic Acid (PTA) Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Eastman Chemical Company
- OMPET
- Mitsubishi Chemical Corporation.
- Hanwha Group.
- Reliance Industries Limited
- BP p.l.c.
- JIANGYIN CHENGXING INDUSTRIAL GROUP CO., LTD .
- PennWell Corporation
- PennWell Corporation.
- JBF Industries Ltd .
- com
- China Petrochemical Corporation.
- Indorama Ventures Public Company Limited.
- SABIC
- Alpek S.A.B. de C.V
- Indian Oil Corporation Ltd.
- LOTTE Chemical CORPORATION
- Energi Mega Persada Tbk
- Shahid Tondgooyan Petrochemical Co.
- Oriental Petrochemical (Taiwan) Co., Ltd.
- Petkim Petrokimya Holding A.Ş.
- MCPI PRIVATE LIMITED
- Oriental Petrochemical (Taiwan) Co., Ltd.
- TAEKWAANG INDUSTRIAL CO., LTD.
- Zhejiang Hengyi Group Co.
- many more.
Key Reasons to Purchase:
- To gain insightful analyses of the market and have comprehensive understanding of the Global Purified Terephthalic Acid (PTA) Market and its commercial landscape.
- Assess the Purified Terephthalic Acid (PTA) production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the Purified Terephthalic Acid (PTA) Market and its impact in the Global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for Global Purified Terephthalic Acid (PTA) Market.
Major Market Drivers and Restraints:
Drivers:
- Rising demand for pet from the packaging industry and bottling
- Increase in demand for polyester fibers
Restraint:
- Prices of paraxylene are not stable.
- Excess numbers of PTA production in China
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Market Segmentations:
Global Purified Terephthalic Acid (PTA) Market is segmented on the basis of
- Application
- End User
- Geography
Market Segmentations in Details:
By Application
- Polyester
- Plasticizers
- Polybutylene Terephthalate
- Others
By End User
- Textile
- Home furnishing
- Bottling & Packaging
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Competitive Landscape: Global Purified Terephthalic Acid (PTA) Market
The global purified terephthalic acid market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of the global purified terephthalic acid market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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