Global Purified Terephthalic Acid (PTA) Market Growth 2025-2031

The global Purified Terephthalic Acid (PTA) market size is predicted to grow from US$ 69140 million in 2025 to US$ 79160 million in 2031; it is expected to grow at a CAGR of 2.3% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

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.

Terephthalic Acid is divided into crude terephthalic acid and purified terephthalic acid. Purified terephthalic acid can be obtained after reprocessing crude terephthalic acid. Purified terephthalic acid is the mainstream product on the market, so this report only studies purified terephthalic acid.

The main production areas of PTA market are concentrated in Asia, including China, India, Southeast Asia, South Korea, Japan, etc. The production share in North America and Europe is relatively low, and the production enterprises are relatively concentrated.

In North America, Alpek Polyester, Ineos and Indorama Ventures are the main production enterprises. In Europe, Ineos, Indorama Ventures and Orlen Group are the main production enterprises. In recent years, due to cost reasons, Japanese PTA enterprises have continuously launched local PTA production. At present, only Toray still has a PTA factory in Japan. South Korean local companies such as Lotte are also withdrawing from the PTA market, but there are still several local production enterprises.

There are still about 20 large and small production enterprises in the Chinese market, and the overall market size is still expanding. Among them, the top 8 enterprises account for about 3/4 of China's PTA production capacity.

The production capacity of production enterprises in the Indian market is relatively stable, and the production scale of Southeast Asian enterprises has a tendency to expand.

LP Information, Inc. (LPI) ' newest research report, the “Purified Terephthalic Acid (PTA) Industry Forecast” looks at past sales and reviews total world Purified Terephthalic Acid (PTA) sales in 2024, providing a comprehensive analysis by region and market sector of projected Purified Terephthalic Acid (PTA) sales for 2025 through 2031. With Purified Terephthalic Acid (PTA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Purified Terephthalic Acid (PTA) industry.

This Insight Report provides a comprehensive analysis of the global Purified Terephthalic Acid (PTA) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Purified Terephthalic Acid (PTA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Purified Terephthalic Acid (PTA) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Purified Terephthalic Acid (PTA) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Purified Terephthalic Acid (PTA).

This report presents a comprehensive overview, market shares, and growth opportunities of Purified Terephthalic Acid (PTA) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Fine PTA Process
QTA and EPTA Process

Segmentation by Application:
Polyester Fiber
PET
Polyester Chips
PBT
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Alpek Polyester
Indorama Ventures
Ineos
Orlen Group
Toray
Formosa Petrochemical
Indian Oil
MCPI
Mitsubishi Chemical
Mitsui Chemicals
Reliance Industries
SABIC
Samyang Group
SIBUR
Taekwang
Yisheng (Hengyi, Rongsheng)
Hengli Group
Tongkun Holding
Sinopec
Xinfengming
Shenghong Petrochemical
Fujian Enegy Petrochemical
Sanfame (Hailun)
Billion Industrial

Key Questions Addressed in this Report

What is the 10-year outlook for the global Purified Terephthalic Acid (PTA) market?

What factors are driving Purified Terephthalic Acid (PTA) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Purified Terephthalic Acid (PTA) market opportunities vary by end market size?

How does Purified Terephthalic Acid (PTA) break out by Type, by Application?

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