Purified Terephthalic Acid (PTA) Market Growth, Demand and Challenges of the Key Industry Players 2022-2027

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Global Purified Terephthalic Acid (PTA) Market
Research and Forecast Report 2022-2027




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
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Report Description
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Report Description and Highlights
Report Description
Global Purified Terephthalic Acid (PTA) Market
Research Report 2022-2027 According to the
latest report by IMARC Group, titled "Purified
Terephthalic Acid (PTA) Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2022-2027," the global purified
terephthalic acid (PTA) market reached a value of
US 82.3 Billion in 2021. Purified terephthalic
acid (PTA) with formula C6H4(COOH)2 is a white
organic compound produced by a reaction between
acetic acid and paraxylene (PX) in the presence
of air. It is widely used in artificial polyester
fabrics, which are further utilized in dresses,
trousers, sportswear, swimsuits, curtains, sofa
covers, jackets, car seat covers, and bed sheets.
It exhibits excellent weathering, hardness,
flexibility, chemical and stain resistance, and
fluidization characteristics. As a result, PTA
finds extensive applications in formulating
general appliances, industrial maintenance, coil
coatings, and metal. Request for a PDF sample of
this report https//www.imarcgroup.com/purified-t
erephthalic-acid-market/requestsample

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Report Description and Highlights
Report Description
Global Purified Terephthalic Acid (PTA) Market
Trends The market is primarily driven by the
expanding textile industry. In addition, the
widespread adoption of polyester fibers on
account of their compatibility with other
synthetic or natural fibers is contributing to
the market growth. Moreover, the increasing sales
of on-the-go bottled beverages due to the hectic
lifestyles of working professionals and inflating
per capita income represent another major
growth-inducing factor. Besides this, PTA is
deployed in manufacturing high-strength,
light-colored, and solvent-free adhesives, which
are widely applied to bond paper, metal,
lamination, wood, synthetics in shoe fabrication,
and automotive sub-assembly. Apart from this, PTA
is utilized in the pharmaceutical industry as a
raw material for various drugs that help treat
chronic and acute diseases, such as reflux
esophagitis, peptic ulcers, and gastroesophageal
reflux disease (GERD). It is further used in
the manufacturing of recording tapes, tire cords,
cyclohexanedimethanol (CHDM), terephthaloyl
chloride (TCL), co-polyester-ether elastomers,
plasticizers, and liquid crystal. Furthermore,
various key players are focusing on
collaborations and partnerships with other
organizations to reduce costs and improve product
quality, which is anticipated to propel market
growth. Other factors, including rapid
urbanization and the increasing foreign
investments in the packaging and paints and
coatings sectors, are creating a positive market
outlook across the globe.

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Report Description and Highlights
Report Description
Looking forward, IMARC Group expects the market
value to reach US 112.96 Billion by 2027,
exhibiting a CAGR of 5.25 during the forecast
period (2022-2027). View Report TOC, Figures and
Tables https//www.imarcgroup.com/purified-tereph
thalic-acid-market

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Report Description and Highlights
Report Description

• Key Market Segmentation
• The research report includes the following
  segments 
• Breakup by Application
• Polyester
• Fiber and Yarn Grade
• Polybutylene Terephthalate (PET) Grade
• Film Grade
• Polybutylene Terephthalate (PBT)
• Plasticizers
• Others
• Breakup by End Use
• Textile
• Bottling and Packaging
• Home Furnishing
• Others

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Report Description and Highlights
Report Description

•  
• Breakup by Region
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
• Competitive Landscape with Key Players
• Alpek S.A.B. de C.V
• Eastman Chemical Company
• Far Eastern New Century Corporation
• Formosa Chemicals Fibre Corp
• HANWA Co. Ltd
• Indian Oil Corporation Limited
• Indorama Ventures Public Company Limited
• Jiangyin Chengxing Industrial Group Co. Ltd
• LOTTE Chemical Corporation
• Mitsubishi Chemical Corporation

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Key Questions Answered in the Report
Report Description

• How has the global purified terephthalic acid
  (PTA) market performed so far and how will it
  perform in the coming years?
• What has been the impact of COVID-19 on the
  global purified terephthalic acid (PTA) market?
• What are the key regional markets?
• What is the breakup of the market based on the
  application?
• What is the breakup of the market based on the
  end user?
• What are the various stages in the value chain of
  the industry?
• What are the key driving factors and challenges
  in the industry?
• What is the structure of the global purified
  terephthalic acid (PTA) market and who are the
  key players?
• What is the degree of competition in the
  industry?
•  

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Table of Contents
Report Description
1    Preface2    Scope and Methodology    2.1
   Objectives of the Study    2.2  
 Stakeholders    2.3    Data Sources       
2.3.1    Primary Sources        2.3.2  
 Secondary Sources    2.4    Market Estimation 
      2.4.1    Bottom-Up Approach        2.4.2  
 Top-Down Approach    2.5    Forecasting
Methodology3    Executive Summary4  
 Introduction    4.1    Overview    4.2    Key
Industry Trends5    Global Purified Terephthalic
Acid (PTA) Market    5.1    Market Overview   
5.2    Market Performance    5.3    Impact of
COVID-19    5.4    Market Forecast

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Table of Contents
Report Description
6    Market Breakup by Application    6.1  
 Polyester        6.1.1 Market Trends       
6.1.2 Key Segments        6.1.2.1 Fiber and
Yarn Grade         6.1.2.2 Polybutylene
Terephthalate (PET) Grade         6.1.2.3 Film
Grade      6.1.3 Market Forecast    6.2  
 Polybutylene Terephthalate (PBT)        6.2.1
Market Trends        6.2.2 Market Forecast    
6.3    Plasticizers        6.3.1 Market Trends 
      6.3.2 Market Forecast     6.4    Others   
    6.4.1 Market Trends        6.4.2 Market
Forecast          Click here to visit the
complete table of content with list of figures
and tables https//www.imarcgroup.com/purified-te
rephthalic-acid-market/toc

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A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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