Press release
Rapid Increase in End-use Adoption to Boost Purified Terephthalic Acid Market Revenue Growth
The market for purified terephthalic is expected to witness noticeable expansion in the coming years with the growing demand for polyester, specifically in China. Furthermore, the country is emerging as a global textile manufacturing hub with low-cost labor further driving the growth of the purified terephthalic acid market. Polyethylene terephthalate which acts as a successor to PTA is also expected to make an impact on the PTA market in accordance to its end-user industries.
Request Sample Report@ https://www.persistencemarketresearch.com/samples/3434
Several growth factors such as growing per capita consumption in emerging regions such as China and significant growth of the textile industry is expected to boost the demand for the PTA market. However, fluctuating prices in energy sources such as crude oil required to produce PTA is expected to affect profitability of PTA manufacturers thereby impacting the growth of the market. Beer and other alcoholic beverage industries as well as household product containers are still dominated by the glass industry, which could be an unexplored market for PTA consumption thereby, providing new opportunities for the growth of the market.
Asia Pacific was the largest consumer for purified terephthalic acid, followed by North America and Europe. Future market growth is expected to be from Asia Pacific as well owing to the improving living standards as well as cross-country usage of PTA products.
Request TOC@ https://www.persistencemarketresearch.com/methodology/3434
Alfa, S.A.B. de C.V., CPC Corporation, Far Eastern Group, Honam Petrochemical Corporation, Indian Oil Corporation Limited, Mitsubishi Chemical Corporation, Mitsubishi Gas Chemical Co. Inc., Reliance Industries Ltd., Samyang Chemical Co., Ltd. and Saudi Basic Industries Corporation are some of major producers of purified terephthalic acid dominating the market.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rapid Increase in End-use Adoption to Boost Purified Terephthalic Acid Market Revenue Growth here
News-ID: 1468501 • Views: …
More Releases from Persistence Market Research
Aseptic Packaging Market Set to Grow to US$136.5 Bn by 2033 Driven by Rising Foo …
Introduction: Aseptic Packaging Market Overview and Industry Evolution
The aseptic packaging market has emerged as a cornerstone of modern food, beverage, and pharmaceutical preservation systems. As global consumers increasingly seek safe, long-lasting, and convenient packaged products, aseptic packaging solutions have gained substantial importance. This technology allows products to be sterilized separately from packaging materials and filled in a sterile environment, ensuring extended shelf life without refrigeration or preservatives. The rising demand…
Gas-Insulated Transmission Line (GIL) Market Expected to See Growth to US$836.9 …
Introduction: Rising Demand for Advanced Power Transmission Solutions
The global energy landscape is undergoing a major transformation as nations accelerate investments in renewable energy, grid expansion, and reliable electricity distribution networks. With rapid urbanization, industrialization, and digital infrastructure growth, the demand for uninterrupted and efficient power transmission has never been higher. Traditional overhead transmission systems, while widely used, face challenges related to land constraints, environmental exposure, and transmission losses. This has…
Dimethyl Sulfide (DMS) Market Anticipated to Reach US$ 251.2 Mn by 2033, Driven …
Market Overview: Expanding Demand for Dimethyl Sulfide Across Industries
The Dimethyl Sulfide (DMS) market is witnessing consistent growth due to its widespread applications across food processing, pharmaceuticals, agriculture, and chemical manufacturing. Dimethyl sulfide is an organosulfur compound known for its distinctive odor and reactive properties, making it a crucial intermediate in multiple industrial processes. In food and beverage applications, it is valued for flavor enhancement, while in chemical manufacturing, it serves…
Onyx Stone Market to Surge to Reach US$ 1.8 Bn by 2033 Driven by Construction & …
Market Overview: Rising Demand for Premium Natural Stones
The onyx stone market has gained remarkable prominence in recent years, driven by increasing demand for luxury natural stones in architecture, interior décor, and artistic applications. Onyx, known for its translucent appearance and unique veining patterns, has become a preferred choice for premium residential and commercial projects. The material's ability to elevate aesthetic appeal while maintaining durability has attracted designers, architects, and homeowners…
More Releases for PTA
Advanced Diagnostics And Treatments Drive Demand For PTA Balloon Catheters: A Ke …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
PTA Balloon Catheter Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the recent past, the market size for pta balloon catheter has seen substantial growth. The projections reveal that the growth scale will go up from $2.33 billion in 2024 to $2.56 billion in…
PTA Balloon Catheter Market Report 2024 - PTA Balloon Catheter Market Scope, Siz …
"The Business Research Company recently released a comprehensive report on the Global PTA Balloon Catheter Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive…
MKS.com.pk Introduce Online Mobile PTA Tax Calculator in Pakistan
In a significant move towards digital convenience, MKS.com.pk has unveiled a state-of-the-art online PTA Tax Calculator in Pakistan. This innovative tool is designed to simplify the process of calculating taxes for telecom equipment, a task that has traditionally been complex and time-consuming.
Calculate Mobile PTA Tax Calculator: https://mks.com.pk/blog/pta-tax-calculator/
The Need for Simplified Tax Calculation
The introduction of the PTA Tax Calculator comes at a critical juncture. With the increasing import of telecom equipment,…
PTA Balloon Catheter Market to Witness Tremendous Growth by 2029
PTA Balloon Catheter Market is expected to witness moderate growth registering 6.4% CAGR during the forecast period (2023-2029)
This PTA Balloon Catheter Market research report covers future market objectives, target customer needs, and business expansion ideas. This global report also highlights facility expansions, workforce development, key developments, market share, and purchasing characteristics of customers. Emerging market players will benefit greatly from the PTA Balloon Catheter Market research report to strengthen…
Purified Terephthalic Acid (PTA) Market 2021 | Detailed Report
The Purified Terephthalic Acid (PTA) research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Purified Terephthalic Acid (PTA) research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving force.
Download FREE…
Global Phthalic Anhydride (PTA) Market Outlook 2019-2024
Market Research Report Store offers a latest published report on Phthalic Anhydride Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 158 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Click to view the full report TOC, figure and tables:
https://www.marketresearchreportstore.com/reports/592679/global-phthalic-anhydride-pta-market-outlook
The analysts forecast the global phthalic anhydride…
