Press release
Purified Terephthalic Acid (PTA) Market worth 61.75 Billion USD by 2022
Purified Terephthalic Acid
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 2025
Complete report on Global Purified Terephthalic Acid (PTA) Market Research Report 2018-2025 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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Customize report of “Global Purified Terephthalic Acid (PTA) Market” as per customers requirement also available.
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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Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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