Global Purified Terephthalic Acid (PTA) Market 2021 Evolution Overview, Size and New Opportunities for Development – Our Market Research



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Purified Terephthalic Acid (PTA)

Purified Terephthalic Acid (PTA) Market report begins with a basic overview of the industry lifecycle, definitions, classifications, applications, and industry chain structure and all these together will help leading players understand scope of the Market, what characteristics it offers, and how it will fulfill customer’s requirements. Moreover, it simplifies Purified Terephthalic Acid (PTA) industry threats, opportunities, growth outlook, Market driving forces, challenges, and recommendations from industrial experts.

“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.”

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Top Key Players 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..

Competitive Landscape

Global Purified Terephthalic Acid (PTA) market is booming into the Chemicals & Advanced Materials sector with a CAGR of 7.51% at present era.The Purified Terephthalic Acid (PTA) Report analyses competition among the key manufacturers, industry growth and market scenario. The Purified Terephthalic Acid (PTA) Market consist of various players operating in the market including large scale and medium size manufacturers. The key market players operating in the Global Purified Terephthalic Acid (PTA) are competing amongst each other in terms of product differentiation.

The Global Purified Terephthalic Acid (PTA) report offers the most up-to-date industry data on the actual and potential Market situation, segmentation, regional breakdowns and future outlook. The Purified Terephthalic Acid (PTA) Market research includes historic data from 2013–2017 and forecasts up to 2021.

Key regions: APAC, EMEA, Americas

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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

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Key Reasons for Buying this Report:

  • It delivers the future outlook and prospects for Purified Terephthalic Acid (PTA) Market.
  • It describes the most affecting driving and restraining forces in Purified Terephthalic Acid (PTA) Market and its impact.
  • The Purified Terephthalic Acid (PTA) Market report clarifies the key product segments and their future scope.
  • This Purified Terephthalic Acid (PTA) report provides insightful analysis for changing competitive dynamics and its commercial landscape.
  • It offers you clear understanding of the Purified Terephthalic Acid (PTA) Market environment and its impact on the revenue growth.
  • It gives full knowledge of all the three; past, current, and future Purified Terephthalic Acid (PTA) industry values and progress.

Price of Report: $ 3500 (Single User License)

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