Purified Terephthalic Acid (PTA) Market in 360MarketUpdates.com

Purified Terephthalic Acid (PTA) Market Report gives a clear understanding of the current market situation which includes of antique and projected upcoming market size based on technological growth, value and volume, projecting cost-effective and leading fundamentals in the Purified Terephthalic Acid (PTA) market. Purified Terephthalic Acid (PTA) industry report is to recognize, explain and forecast the global Purified Terephthalic Acid (PTA) industry based on various aspects such as explanation, application, organization size, distribution mode and region.

About Purified Terephthalic Acid (PTA)

Terephthalic acid is a colorless solid material with the chemical formula C6H4(CO2H)2. It is difficult to dissolve in water or other liquids. It is largely used in manufacturing polyester, textiles, and plastic bottles. The common method for producing PTA is the Amoco process. It is produced by the oxidation of paraxylene, and the oxidation process includes acetic acid as solvent and the cobalt–manganese–bromide catalyst. A feed mixture containing paraxylene, acetic acid, and the catalyst system with compressed air is fed to a reactor.

Industry analysts forecast the global purified terephthalic acid (PTA) Market to grow at a CAGR of 7.51% during the period 2017-2021.

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Market driver

  • Increase in demand from polyester fibers
  • For a full, detailed list, view our report

Market challenge

  • Volatility of crude oil price
  • For a full, detailed list, view our report

Market trend

  • PET bottle packaging for alcoholic beverages
  • For a full, detailed list, view our report

Report Coverage:

  • Purified Terephthalic Acid (PTA) market report provides comprehensive analysis of the market with the help of up-to-date market opportunities, overview, outlook, challenges, trends, market dynamics, size and growth, competitive analysis, major competitor’s analysis.
  • Report recognizes the key drivers of growth and challenges of the key industry players. Also, evaluates the future impact of the propellants and limits on the market.
  • Uncovers potential demands in the market.
  • Purified Terephthalic Acid (PTA) market report provides in-depth analysis for changing competitive dynamics
  • Provides information on the historical and current market size and the future potential of the market.

Major regions of Purified Terephthalic Acid (PTA) Industry are as follows: APEC, AMERICAS and EMEA

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Major vendors of Purified Terephthalic Acid (PTA) market: BP, China Petrochemical, Eastman, Mitsubishi Chemical Holdings, Reliance Industries, Alpek, CEPSA, DowDuPont, Far Eastern Group, Formosa Petrochemical, Hanwha Group, Hengli Petrochemicals, JBF Industries, LOTTE CHEMICAL, Oriental Petrochemical (Taiwan), Indorama Ventures Public Company, Indian Oil, SABIC, TAEKWANG INDUSTRIAL, TONGKUN GROUP, and Zhejiang Hengyi Group

Promising Regions & Countries Mentioned In The Purified Terephthalic Acid (PTA) Market Report:

  • North America ( United States, Canada and Mexico)
  • Europe ( Germany, France, UK, Russia & Italy)
  • Asia-Pacific ( China, Japan, Korea, India & South-East Asia)
  • South America ( Brazil, Argentina, Colombia)
  • Middle East & Africa (Saudi Arabia, UAE, EQYPT, Nigeria & South Africa)

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Purified Terephthalic Acid (PTA) Market highlights following key factors:

  • A complete background analysis of Purified Terephthalic Acid (PTA) industry, which includes an assessment of the parental market.
  • Emerging trends by segments and regional markets.
  • Significant changes in market dynamics & market overview.
  • Market breakdown up to the second & third level.
  • Market shares and approaches of key players in Purified Terephthalic Acid (PTA) Industry.
  • Current and predictable size of Purified Terephthalic Acid (PTA) market from the perspective of both value and volume.
  • Reporting and estimation of recent industry developments.
  • References to companies for establishment their position in the market.
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