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Market Analysis and Insights: Global Purified Terephthalic Acid PTA Market
The global Purified Terephthalic Acid PTA market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Purified Terephthalic Acid PTA market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Purified Terephthalic Acid PTA market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Purified Terephthalic Acid PTA market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Purified Terephthalic Acid PTA market.
Global Purified Terephthalic Acid PTA Scope and Market Size
Purified terephthalic acid (PTA) is a raw material used in making high-performance multi-purpose plastics such as polybutyl terephthalate(PBT), polyethylene terephthalate(PET), and the new bioplastic that has been garnering attention in recent years, polytrimethylene terephthalate(PTT). Purified terephthalic acid (PTA) is made by causing a reaction between the secondary petroleum product paraxylene (PX) and acetic acid.
Market Analysis and Insights: Global Purified Terephthalic Acid (PTA) Market
Due to the COVID-19 pandemic, the global Purified Terephthalic Acid (PTA) market size is estimated to be worth US$ 43620 million in 2023 and is forecast to a readjusted size of US$ 51780 million by 2030 with a CAGR of 2.9% during the forecast period 2023-2030. Fully considering the economic change by this health crisis, Type 1 accounting for % of the Purified Terephthalic Acid (PTA) global market in 2022, is projected to value US$ million by 2030, growing at a revised % CAGR from 2023 to 2030. While Polyester segment is altered to an % CAGR throughout this forecast period.
Based on region, the purified terephthalic acid market in South America is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increased demand for purified terephthalic acid from PET grade resin producers in South America. Asia Pacific is the largest market for purified terephthalic acid. The rise in consumption of PET material bottles and the increase in demand for purified terephthalic acid from the packaging industry are key factors driving the growth of the Asia Pacific purified terephthalic acid market.
Global Purified Terephthalic Acid (PTA) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market?s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2018 to 2030. This section mentions the volume of production by region from 2018 to 2030. Pricing analysis is included in the report according to each type from the year 2018 to 2030, manufacturer from 2018 to 2023, region from 2018 to 2023, and global price from 2018 to 2030.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert?s opinions have been taken to understand the market better.
Global Purified Terephthalic Acid (PTA) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2018 to 2030. by Application segment also provides consumption during the forecast period of 2018 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
The information for each competitor/Company Profile includes:
The content of the study subjects includes a total of 15 chapters:
Chapter 1, describes Purified Terephthalic Acid PTA product scope, market overview, market opportunities, market driving force, and market risks.
Chapter 2, profiles the top manufacturers of Purified Terephthalic Acid PTA, with price, sales, revenue, and global market share of Purified Terephthalic Acid PTA from 2019 to 2022.
Chapter 3, the Purified Terephthalic Acid PTA competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Purified Terephthalic Acid PTA breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2017 to 2028.
Chapters 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, and application, from 2017 to 2028.
Chapters 7, 8, 9, 10, and 11, to break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2017 to 2022. and the Purified Terephthalic Acid PTA market forecast, by regions, type, and application, with sales and revenue, from 2023 to 2028.
Chapter 12, the key raw materials and key suppliers, and industry chain of Purified Terephthalic Acid PTA.
Chapter 13, 14, and 15, to describe Purified Terephthalic Acid PTA sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Key Indicators Analysed:
Reasons to Purchase this Report:
Research Methodology:
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Purified Terephthalic Acid (PTA) Market Research Report 2023 |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2021 |
| Forecast Year | 2029 |
| Number of Pages | 109 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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