Press release
Purified Terephthalic Acid Market Share by Industry Research 2014 - 2020
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 Report for TOC @ https://www.persistencemarketresearch.com/toc/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 to Sample of Report @ https://www.persistencemarketresearch.com/samples/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 Us
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 Purified Terephthalic Acid Market Share by Industry Research 2014 - 2020 here
News-ID: 992692 • Views: …
More Releases from Persistence Market Research
Lactic Acid and Poly Lactic Acid Market Projected to Reach US$10.4 Bn by 2032 wi …
➤Overview of the Market
The global lactic acid and poly lactic acid (PLA) market is witnessing dynamic growth as industries pivot toward sustainable and bio-based solutions. Lactic acid, a naturally occurring organic acid, serves as a key building block for PLA, an environmentally friendly thermoplastic with a wide range of applications. Industries such as packaging, agriculture, textiles, and biomedical devices are increasingly adopting PLA due to its biodegradability, lower carbon footprint,…
Fulvic Acid Market to Reach US$1.8 Bn by 2032 on Back of Sustainable Agriculture …
➤ Overview of the Market
The fulvic acid market has been steadily gaining traction as industries increasingly recognize its multifaceted benefits in agriculture, dietary supplements, and environmental applications. Fulvic acid, a natural compound derived from humic substances, enhances nutrient absorption, improves soil fertility, and supports plant growth. In health and wellness, it is valued for its antioxidant, anti-inflammatory, and detoxifying properties. According to the latest study by Persistence Market Research, the…
Zika Virus Testing Market Growth Accelerates with Diagnostic Advancements, Notes …
The Zika virus testing market has grown into a crucial segment of global healthcare due to the unpredictable nature of mosquito-borne outbreaks and the virus's severe implications, particularly for maternal and fetal health. According to Persistence Market Research, the global Zika virus testing market size is projected to be valued at US$ 5.1 million in 2025 and is estimated to reach US$ 6.9 million by 2032, expanding at a CAGR…
APAC Gas Pressure Regulators Market, Strategic Insights, Key Players, and Region …
Market Overview
The APAC gas pressure regulators market has witnessed significant growth over recent years, fueled by rising industrialization, expanding energy infrastructure, and growing demand for safe and efficient gas distribution systems. Gas pressure regulators play a critical role in controlling and stabilizing gas flow and pressure across industrial, commercial, and residential applications, ensuring operational safety and efficiency. According to recent market estimates, the APAC gas pressure regulators market was valued…
More Releases for PTA
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…
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…
