Purified Terephthalic Acid Market Analysis.docx

1. Title : Purified Terephthalic Acid (PTA) Market Size, Share, Trend, Growth, Global Forecast 2027 Description : Global Purified Terephthalic Acid Market: Information by Application (PET Resin, Polybutylene Terephthalate, Polyester Fiber, Films, Intermediate, and Others), End-Use Industry (Food & Beverage Packaging, Construction, Electrical & Electronics, Textile, Paints & Coatings, Furniture, and Others), and Region (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa)—Forecast till 2027 Keywords : Purified terephthalic acid market was valued at USD 46 billion in 2017; it is expected to register a CAGR of around 5% to be nearly valued at USD 69 billion by the end of 2025, Global Purified Terephthalic Acid Market: Information by Application, End-Use Industry and Region | Purified Terephthalic Acid Market industry Purified Terephthalic Acid Market Analysis Purified Terephthalic Acid (PTA) is inert in nature, physically it is available in the form of a white crystalline powder. PTA is importantly used in the manufacture of polyester fibers and films. The raw material for PTA is paraxylene (PX). Commercial production route is by oxidation of PX to form terephthalic acid (TA) and later it is purified to produce PTA. The properties such as good electrical properties, insulation, resistant to chemicals and also resistant to harsh climate conditions. Major factors contributing to the growth of the Global PTA Market include increase in industrialization where PTA is used in the production of conveyor belts and meshing which are essential raw materials and other related materials in various industries, rising necessity for powder coatings produced from PTA which are solvent free and environmental friendly, and rising expenditure on food & beverages packaging where Purified Terephthalic Acid serves as a raw material to produce polyethylene terephthalate resin (PET). In addition, interest for PTA is anticipated to witness critical development over the appraisal time frame because of surging home furnishing industry. Increasing crude oil petroleum refining over the globe where PX is an end product in the oil business is expected to be an important driver for PTA Market amid the forecast time frame. PTA based polyester fibers are utilized as a part of numerous electrical protection applications. Electricity industry is at the chance to quickly increase the electricity reach over the globe, since almost one out of five people don't have power, is foreseen to be a key driver for the development of PTA in the evaluation time frame. Besides, fast urbanization combined with increasing disposable incomes in developing economies is anticipated to move the utilization of polyester fiber materials produced using PTA which is anticipated to be the driver for development of the market amid the appraisal time frame, 2017 to 2023.

2. Top Key Players Some of the prominent players operating in the Global PTA Market are Reliance Industries Limited (India), Alpek S.A.B. de C.V. (Mexico), The Dow Chemical Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), BP p.l.c. (U.K), Eastman Chemical Company (U.S.), SABIC (Saudi Arabia), China Petroleum & Chemical Corporation (China), Mitsubishi Chemical Corporation (Japan), and Indian Oil Corporation Ltd (India) among others. Access Full Report Details and Order this Premium Report : https://www.marketresearchfuture.com/reports/purified-terephthalic-acid-pta-market- 4885 Regional Analysis The Global PTA Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, the Middle East & Africa is anticipated to increase with the highest CAGR during the forecast time frame, 2017 to 2023 owing to expanding food & beverages packaging industry. The demand for PET resin segment in PTA Market is anticipated to be moderate in North America, Europe and Latin America due to the presence of high consumer wastes PET bottles which, this region looking to recycle which is anticipated to be a major roadblock in the market growth. Read more details at: https://www.marketresearchfuture.com/infographics Read more details at: https://www.marketresearchfuture.com/videos NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details. Get a Sample Report Now : https://www.marketresearchfuture.com/sample_request/4885 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028

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