openPR Logo
Press release

Purified Terephthalic Acid (PTA) Market Forecast and Segments, 2015-2025

07-04-2017 11:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Purified Terephthalic Acid (PTA) Market Forecast and Segments,

Purified terephthalic acid (PTA) is produced by chemical synthesis of crude oil. Majority of the purified terephthalic acid (PTA) is utilized in production of polyester resin which is used in the manufacture of polyester film, polyethylene terephthalate (PET) resin, and polyester fiber. The remaining percent of the purified terephthalic acid (PTA) is employed in manufacture of liquid crystal polymers, terephthaloyl chloride, cyclohexanedimethanol, plasticizers, and copolyester-ether elastomers.

It is comparatively more economical to use Purified terephthalic acid (PTA) than the dimethyl terephthalate (DMT) alternative for most grades of polyester utilized in the food and beverage containers and textiles. Purified terephthalic acid (PTA) also finds application in other end-user industries including textile and home furnishing, wherein PTA is essential for manufacture of garments such as bed sheets, clothes, and curtains.

Global Purified Terephthalic Acid (PTA) Market: Segmentation

Global purified terephthalic acid market is segmented into manufacturing processes, application and region. The global terephthalic acid market can be segmented on the basis of manufacturing processes into amoco process, cooxidation, multistage oxidation, and Henkel process.

Request For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-957

On the basis of application, global terephthalic acid market can be segmented into polyester production, cyclohexanedimethanol production, plasticisers, liquid crystal polymers, textiles, bottling & packaging and furnishing etc.

On the basis of region, the global terephthalic acid market is segmented into north America, Latin America, Western Europe, Eastern Europe, Asia-Pacific (APEJ), Japan, and MEA.

Global Purified Terephthalic Acid (PTA) Market: Region-wise Outlook

The global purified terephthalic acid market is projected to witness a considerable growth in CAGR from 2015 to 2025. Asia Pacific is projected to be the most lucrative market for the global purified terephthalic acid market owing to the high ratio of manufacturing industries especially in India and China. Moreover, on account of the rising disposable income along with the improved standard of living, the Asia Pacific region is anticipated to witness a steady growth over the forecast period. Additionally, the growth in the PTA consumption is expected to be driven by high demand of polyester fiber.

North America and Europe is expected to trail Asia Pacific in terms of market volume share. Europe is projected to witness a sluggish growth owing to the growing utilization of bio-based PET in the bottle and packaging industry. Also, due to migration of the textile industry from North America and Europe to the Asia-Pacific region, production of polyester fiber in these regions have been declining exponentially.

Global Purified Terephthalic Acid (PTA) Market: Drivers

The purified terephthalic acid (PTA) market is likely to observe a noticeable growth in the approaching years owing to a high demand for polyester resin. Polyethylene terephthalate (PET) demand is also anticipated to have a positive impact on the purified terephthalic acid (PTA) market.

The rising per capita consumption and the growing disposable income in the developing economies such as India and China, along with a significant growth of the textile, coating and packaging industries in these regions is predicted to fuel the demand for the purified terephthalic acid (PTA) market.

Industries such as the beer industry, and the household product containers industry are still dominated by the glass industry, which is an unexplored market for purified terephthalic acid (PTA) consumption, offering new opportunities for the growth of the global purified terephthalic acid market.

Global Purified Terephthalic Acid Market: Restraints

Volatile crude oil prices are likely to affect the profitability of purified terephthalic acid (PTA) manufacturers and thus affecting the growth of the global purified terephthalic acid market. Moreover, stringent regulations is expected to support the use of bio-based PET and have a negative impact on the global purified terephthalic acid market growth. Other reasons which could affect the growth of the terephthalic acid market are toxicity levels which could cause eye irritation and mild skin irritations.

Visit For TOC@ http://www.futuremarketinsights.com/reports/sample/rep-gb-957

Global Purified Terephthalic Acid Market: Key Players

Some of the major players identified in the global purified terephthalic acid market are Sinopec Yizheng Chemical Fibre Company, Mitsui Chemicals, Reliance Industries Limited, Eastman Chemical Company, DuPont, Formosa Plastics Group, Alfa Group, Indian Oil Corporation, Mitsubishi Chemical Corporation, SABIC, Samsung Petrochemical Co. Ltd., and Samyang Corporation etc.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.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 Purified Terephthalic Acid (PTA) Market Forecast and Segments, 2015-2025 here

News-ID: 607341 • Views: 326

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for PTA

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
PTA (Pure Terephthalic Acid) Market: Competitive Dynamics & Global Outlook 2023
New report published by Global Info Research which offers insights on the global PTA (Pure Terephthalic Acid) market. Terephthalic acid is an 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. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-pta-pure-terephthalic-acid-market_p90085.html Global PTA (Pure Terephthalic Acid) Market:
Market Report Focus On PTA Catheters Market Report 2017-2022
"The Report Global PTA Catheters Detailed Analysis Report 2017-2022 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" This report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a Detailed Analysis report, it covers all details inside analysis and opinion in PTA Catheters industry. This report splits PTA Catheters
Global PTA Balloons Catheter Market 2017 - AndraTec, Terumo, Abbott, Arthesys
Apex Market Reports, recently published a detailed market research study focused on the "PTA Balloons Catheter Market" across the global, regional and country level. The report provides 360° analysis of "PTA Balloons Catheter Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PTA Balloons Catheter industry, and estimates the future trend of
Purified Terephthalic Acid (PTA) Market Growth and Forecast 2015-2025
Purified terephthalic acid (PTA) is produced by chemical synthesis of crude oil. Majority of the purified terephthalic acid (PTA) is utilized in production of polyester resin which is used in the manufacture of polyester film, polyethylene terephthalate (PET) resin, and polyester fiber. The remaining percent of the purified terephthalic acid (PTA) is employed in manufacture of liquid crystal polymers, terephthaloyl chloride, cyclohexanedimethanol, plasticizers, and copolyester-ether elastomers. It is comparatively more economical
Percutaneous Transluminal Angioplasty (PTA) Balloons - Medical Devices Pipeline …
ReportsWorldwide has announced the addition of a new report title Percutaneous Transluminal Angioplasty (PTA) Balloons - Medical Devices Pipeline Assessment, 2017 to its growing collection of premium market research reports. GlobalData's Medical Devices sector report, “Percutaneous Transluminal Angioplasty (PTA) Balloons - Medical Devices Pipeline Assessment, 2017" provides an overview of Percutaneous Transluminal Angioplasty (PTA) Balloons currently in pipeline stage. The report provides comprehensive information on the pipeline products with comparative analysis of