Purified Terephthalic Acid (PTA) Market is estimated to grow at 5.80% for 2020-2027 with factors such as fluctuation in the prices of paraxylene along with increasing demand for recycled pet which will likely to hamper the growth of the market in emerging economies.
Purified terephthalic acid (PTA) market has shown an exceptional penetration in developed economies in North America. Increasing demand of plastic bottles which will likely to enhance the growth of the market.
Purified Terephthalic Acid (PTA) Market Scenario
According to Data Bridge Market Research the purified terephthalic acid (PTA) market is attaining a significant growth in developing economies during the forecast period of 2020-2027 due to factors such as rising demand for polyester fibers, replacement of glass bottles for alcoholic beverages with pet bottles, increasing demand for pet from the bottling and packaging industry, rapid adoption of PET bottles instead of glass bottles in beer and alcohol bottling which will help in boosting the growth of the market.
Now the question is which are the other regions that purified terephthalic acid (PTA) market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific purified terephthalic acid (PTA) market in the forecast period of 2020-2027. The Data bridge market research new reports highlight the major growth factors and opportunities in the purified terephthalic acid (PTA) market.
For more analysis on the purified terephthalic acid (PTA) market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-purified-terephthalic-acid-pta-market
Scope of the Purified Terephthalic Acid (PTA) Market
Purified terephthalic acid (PTA) market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
- All country based analysis of the purified terephthalic acid (PTA) market is further analyzed based on maximum granularity into further segmentation. On the basis of application, the market is segmented into polyester, polybutylene terephthalate, plasticizers. On the basis of end-user, the market is segmented into textile, home furnishing, bottling and packaging, and others.
- Purified terephthalic acid (PTA) is a material used in the manufacturing of general metalworking polyester-coated resins, automobile parts, industrial repair, and coil coatings. Purified terephthalic acid (PTA) is used in the industrial coating of automotive parts. The major advantages of purified terephthalic acid (PTA) will dissolve soil, clay, and the surface is created by certain oily stains because of its high use in home care.
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Key Pointers Covered in the Purified Terephthalic Acid (PTA) Market Industry Trends and Forecast to 2027
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Regulatory Framework and Changes
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the report
- BP p.l.c.
- JIANGYIN CHENGXING INDUSTRIAL GROUP CO., LTD.
- PennWell Corporation
- JBF Industries Ltd.
- 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
- TAEKWAANG INDUSTRIAL CO., LTD.
- Zhejiang Hengyi Group Co.,
Above are the key players covered in the report, to know about more and exhaustive list of purified terephthalic acid (PTA) companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-purified-terephthalic-acid-pta-market
Research Methodology: Global Purified Terephthalic Acid (PTA) Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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