Global purified terephthalic acid (PTA) market expected to reach USD 64.63 billion by 2024, growing at a CAGR of 5.0% between 2018 and 2024. Purified terephthalic acid has a number of versatile properties and is used in a wide range of applications globally.
Purified Terephthalic Acid (PTA) Market
The report covers forecast and analysis for the purified terephthalic acid (PTA) market on a global, and regional level. The study provides historical information for 2015, 2016, and 2017 with a forecast from 2018 to 2024 based on both volume (Kilotons) and revenue (USD Billion). The complete study covers the key drivers and restraints for the purified terephthalic acid (PTA) market. It also provides the impact of the market within the forecast period. Furthermore, the study also includes the opportunities accessible within the purified terephthalic acid (PTA) market on a global level.
In order to offer the users of this report, a comprehensive read on the purified terephthalic acid (PTA) market, we have enclosed the detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the purified terephthalic acid (PTA) market has additionally been enclosed within the study. The study includes a market attractiveness analysis, where all the segments are benchmarked to support their market size, rate, and general attractiveness.
The study also includes the market share of the key participants operating in the purified terephthalic acid (PTA) market across the globe. Besides, the report covered strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a regional basis.
The study provides a crucial view of the purified terephthalic acid (PTA) market by dividing the market based on its segmentation. The segmentation includes application and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. By application, the global purified terephthalic acid (PTA) market included in this study is polyester, polybutylene terephthalate, plasticizers, industrial machinery, powder coatings, and insulation materials. Additionally, the regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. The regions are further segmented on the basis of countries, which include the UK, the U.S., China, Japan, France, Canada, Italy, and Brazil, among others.
The study provides exhaustive company profiles of the worldwide market along with an in-depth description of players. Some of the key manufacturers included in the study are Reliance Industries Limited, Amoco Chemicals, The Dow Chemical Company, Alpek S.A.B. de C.V., Eastman Chemical Company, SABIC, Synthetic Fiber Co., Ltd., The E. I. du Pont de Nemours and Company, BP plc, Mitsubishi Chemical Corporation, Indian Oil Corporation Ltd., and China Petroleum & Chemical Corporation, among others.
This report segments the global purified terephthalic acid (PTA) market as follows: