Global Purified Terephthalic Acid (PTA) Industry Outlook to 2023 - Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants
Global Purified Terephthalic Acid (PTA) capacity is expected to experience considerable growth over the next five years from around 84 mtpa in 2018 to 107 mtpa by 2023. More than 20 planned and announced PTA plants are expected to come online, primarily in Asia, and the Middle East, over the next five years. Hengli Petrochemical (Dalian) Co Ltd, Fujian Billion Petrochemicals Co Ltd, and ChengHong Holding Group Co Ltd are the three companies in terms of planned and announced capacity additions during the outlook period.
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