Press release
Global Terephthalic Acid Market Outlook 2016-2021 - key technological and market trends
Terephthalic acid (a portmanteau of the turpentine-producing tree terebinthus, and phthalic acid) is the organic compound with formula C6H4(CO2H)2. This white solid is a commodity chemical, used principally as a precursor to the polyester PET, used to make clothing and plastic bottles. Several million tonnes are produced annually.This report provides detailed analysis of worldwide markets for Terephthalic Acid from 2011-2015 and provides extensive market forecasts 2016-2021 by region/country and subsectors. It covers the key technological and market trends in the Terephthalic Acid market and further lays out an analysis of the factors influencing the supply/demand for Terephthalic Acid, and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the value chain and to the new entrants by enabling them to capitalize the opportunities and develop business strategies.
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GCCs report, Global Terephthalic Acid Market Outlook 2016-2021, has been prepared based on the synthesis, analysis, and interpretation of information about the global Terephthalic Acid market collected from specialized sources. The report covers key technological developments in the recent times and profiles leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global Terephthalic Acid market are Eastman (USA), BP (UK), SABIC (SaudiArabia), Indian Oil Corporation (India), Reliance Industries (India), Mitsubishi Chemical (Japan), Mitsui Chemicals (Japan), Indorama Ventures (Thailand), LOTTE Chemical (Korea), Samyang Corporation (Korea), Taekwang Industrial (Korea), Hyosong (Korea), Samsung Petrochemical (Korea), FPCC (Taiwan), SINOPEC (China), Hengli Group (China), Tongkun Group (China), Xianglu Petrochemical (China), among others.
The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World. In this sector, global competitive landscape and supply/demand pattern of Terephthalic Acid industry has been provided.
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