Purified Terephthalic Acid Market Growth, Demand and Challenges of the Key Industry Players 2023-28 - PowerPoint PPT Presentation

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Purified Terephthalic Acid Market Growth, Demand and Challenges of the Key Industry Players 2023-28


According to the latest research report by IMARC Group, The global purified terephthalic acid (PTA) market size reached US$ 87.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 119.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.19% during 2023-2028. More info:- – PowerPoint PPT presentation

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Title: Purified Terephthalic Acid Market Growth, Demand and Challenges of the Key Industry Players 2023-28

Global Purified Terephthalic Acid Market Research
and Forecast Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled " Purified Terephthalic Acid (PTA) Market
    Global Industry Trends, Share, Size, Growth,
    Opportunity and Forecast 2023-2028," the global
    purified terephthalic acid (PTA) market size
    reached US 87.1 Billion in 2022.
  • Purified terephthalic acid (PTA) is an organic
    compound that is generated through a reaction
    between paraxylene (PX), a secondary petroleum
    product, and acetic acid. It is gaining
    popularity owing to its impressive attributes,
    such as weather resistance, hardness,
    flexibility, chemical and stain resistance, and
    excellent powder flow and fluidization
  • PTA is a key component in the production of
    synthetic polyester fabrics, which are
    considerably used in numerous garments, which
    include sportswear, swimsuits, dresses, trousers,
    curtains, sofa covers, jackets, car seat covers,
    and bed sheets. It is even being utilized in the
    formulation of general metal, appliance,
    industrial maintenance, and coil coatings.
    Consequently, PTA finds extensive applications
    across several sectors, including packaging,
    house furnishings, pharmaceutical, textile, etc.
  • Request for a PDF sample of this report

Report Description
  • Global Purified Terephthalic Acid Market Trends
  • The purified terephthalic acid (PTA) market is
    primarily driven by the increasing sales of
    bottled beverages that cater to the on-the-go
    lifestyle of working professionals. Additionally,
    the elevating usage of PTA in the manufacturing
    of light-colored, high-strength, and solvent-free
    adhesives that are employed in various
    industries, such as shoe fabrication, lamination,
    and automotive sub-assembly, for bonding metal,
    wood, paper, and synthetic materials is acting as
    another significant growth-inducing factor. Apart
    from this, the growing adoption of the product in
    the production of recording tapes, tire cord,
    cyclohexanedimethanol (CHDM), terephthaloyl
    chloride (TCL), co-polyester-ether elastomers,
    plasticizers, and liquid crystal is also
    positively influencing the global market.
  • Moreover, the rising product utilization as a raw
    material in the pharmaceutical industry for the
    production of drugs developed to treat multiple
    chronic and acute diseases, including peptic
    ulcers, reflux esophagitis, and gastroesophageal
    reflux disease (GERD), and the emerging trend
    among leading market players of actively engaging
    in collaborations and partnerships with other
    organizations to enhance product quality and
    reduce costs are expected to catalyze the
    purified terephthalic acid (PTA) market in the
    coming years.
  • View Report TOC, Figures and Tables

Report Segmentation
  • Breakup by Application
  • Polyester
  • Fiber and Yarn Grade
  • Polybutylene Terephthalate (PET) Grade
  • Film Grade
  • Polybutylene Terephthalate (PBT)
  • Plasticizers
  • Others
  • Breakup by End User
  • Textile
  • Bottling and Packaging
  • Home Furnishing

Report Segmentation
  • Others
  • 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
  • Reliance Industries Limited
  • Saudi Basic Industries Corporation (Saudi Arabian
    Oil Co.)
  • Sinopec

Key Questions Answered in the Report
Table of Contents
  • 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 Market    5.1    Market Overview    5.2  
     Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Application
  •   6.1    Polyester    6.1.1 Market Trends 
         6.1.2 Market Segments
    Fiber and Yarn Grade 
    Polybutylene Terephthalate (PET) Grade   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     

Table of Contents
  • 6.4 Others
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
  • 7  Market Breakup by End User
  • 7.1 Textile
  • 7.1.1 Market Trends
  • 7.2.2 Market Forecast
  • 7.2 Bottling and Packaging
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 7.3 Home Furnishing
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
  • 7.4 Others
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
  • 8  Market Breakup by Region
  • 8.1 North America
  • 8.1.1 United States

  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
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  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
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    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
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