Market Overview

$73.85 Billion Purified Terephthalic Acid (PTA) Market - Global Analysis & Outlook (2017-2026) - ResearchAndMarkets.com

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The "Purified
Terephthalic Acid (PTA) - Global Market Outlook (2017-2026)"

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According to the report, the Global Purified Terephthalic Acid (PTA)
Market accounted for $43.25 billion in 2017 and is expected to reach
$73.85 billion by 2026 growing at a CAGR of 6.1% during the forecast
period.

The rising disposable income, increasing demand from the paints and
coatings industry, increasing demand for PET from the bottling and
packaging industry and constant growth of electrical industry are some
factors propelling the market growth. However, factors such as
volatility in crude oil prices and implementation of strict regulations
by various government bodies are restricting the market. In addition,
technological advancements to increase output and reduce cost will
create new growth opportunities over the forecast period.

By Application, the polyester fiber segment is expected to witness
steady growth due to the rising disposable income, changing fashion
trends, changes in consumer lifestyle and rapid urbanization.

By Geography, Asia Pacific held largest market share during forecast
period due to the demand for packaging of processed foods and
pharmaceuticals, films, coatings, and chemicals is increasing in APAC.
Countries such as China, India, Taiwan, and South Korea are extensively
focusing on the production of PTA for various purposes.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Purified Terephthalic Acid (PTA) Market, By End-User

6 Global Purified Terephthalic Acid (PTA) Market, By Application

7 Global Purified Terephthalic Acid (PTA) Market, By Geography

8 Key Developments

9 Company Profiling

  • Alpek
  • CEPSA
  • DowDuPont
  • Far Eastern Group
  • Formosa Petrochemical
  • Hanwha Group
  • Hengli Petrochemicals
  • Indian Oil
  • Indorama Ventures Public Company
  • JBF Industries
  • Lotte Chemical
  • Oriental Petrochemical (Taiwan)
  • Sabic
  • Taekwang Industrial
  • Tongkun Group
  • Zhejiang Hengyi Group

For more information about this report visit https://www.researchandmarkets.com/research/9n8nng/73_85_billion?w=4

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