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Purified Terephthalic Acid (PTA) Market by Application (Polyester, Polybutylene Terephthalate, Plasticizers), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2023

Purified Terephthalic Acid (PTA) Market by Application (Polyester, Polybutylene Terephthalate, Plasticizers), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2023

“The Purified Terephthalic Acid (PTA) market is projected to grow at a CAGR of 5.1% from 2018 to 2023.”
The purified terephthalic acid market is estimated to be USD 48.14 billion in 2018 and is projected to reach USD 61.78 billion by 2023, at a CAGR of 5.1% from 2018 to 2023. The expansion of the textile industry contributes to the increased demand for polyester fiber & yarn, which in turn, is projected to drive the growth of the purified terephthalic acid market. PTA is used to manufacture PET bottles. The rising demand for PET packaging from the healthcare and food & beverage industries has led to the increased consumption of PTA. However, the overcapacity in the production of PTA in China has led to a decline in the global operating rate of PTA, thereby acting as a restraint to the growth of the purified terephthalic acid market.

“The polyester segment is expected to be the fastest-growing application segment of the purified terephthalic acid market during the forecast period.”
PTA is used to manufacture polyester, Polybutylene Terephthalate (PBT), and plasticizers. Based on application, the polyester segment is expected to grow at the highest CAGR during the forecast period, owing to the rising demand for polyester fiber & yarn from emerging economies, such as Brazil and Argentina.

“Asia Pacific is estimated to account for the largest share of the purified terephthalic acid market in 2018.”
China is the largest market for purified terephthalic acid in the Asia Pacific region, in terms of value. Key factors driving the growth of the China PTA market are increase in demand for fiber & yarn, rapid urbanization, and expansion of the packaged food industry in this country.

The South American region is expected to be the fastest-growing market for purified terephthalic acid during the forecast period. The growth of the purified terephthalic acid market in South America can be attributed to the increased demand for PTA from the textile industry in South American countries.

Profile break-up of primary participants for the report:
By Company Type: Tier 1 - 75 %, Tier 2 - 10%, and Tier 3 - 15%
By Designation: C level - 70%, Director level - 5%, and Others - 25%
By Region: Asia Pacific - 45%, Europe - 30%, Middle East & Africa - 20%, and North America - 5%

As a part of the qualitative analysis, this research report provides a comprehensive overview of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by key players, such as British Petroleum (UK), Reliance Industries Limited (India), Sinopec Corporation (China), Indorama Ventures Public Company (Thailand), and SABIC (Saudi Arabia).

Research Coverage:
The report defines and segments the purified terephthalic acid market based on application and region. It provides detailed information regarding major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. The report also strategically profiles key players and comprehensively analyzes their market shares and core competencies. It analyzes competitive developments, such as partnerships, contracts, joint ventures, mergers & acquisitions, expansions, new product launches, and research & development activities undertaken by key players operating in the market.

Reasons to Buy the Report:
The report will help market leaders/new entrants by providing them the closest approximations of revenue numbers for the overall purified terephthalic acid market and its subsegments. It will help stakeholders understand the competitive landscape and gain insights to better position their businesses and make suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide information on key market drivers, restraints, opportunities, and challenges


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • SCOPE OF THE STUDY
      • REGIONAL SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • SIGNIFICANT GROWTH OPPORTUNITIES IN THE PTA MARKET
    • PTA MARKET, BY REGION
    • ASIA PACIFIC PTA MARKET, BY COUNTRY AND POLYESTER GRADE
    • PTA MARKET, BY APPLICATION AND REGION
    • TOP 6 COUNTRIES IN THE PTA MARKET
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC INDICATORS
      • Table TEXTILE YARN MARKET, BY REGION, 2014-2021 (USD MILLION)
    • MANUFACTURING PROCESS OF PURIFIED TEREPHTHALIC ACID
      • INTRODUCTION
      • AMOCO PROCESS
      • BP PTA TECHNOLOGY
      • IPT TECHNOLOGY
      • MITSUBISHI CHEMICAL TECHNOLOGY PROCESS
      • EASTMAN CHEMICAL PTA TECHNOLOGY PROCESS
      • HENKEL PTA TECHNOLOGY PROCESS
    • PRICE ANALYSIS
      • SHORT-TERM PRICE TREND
      • LONG-TERM PRICE TREND
  • PTA MARKET, BY APPLICATION
    • INTRODUCTION
      • Table PTA MARKET, BY APPLICATION, 2016-2023 (USD BILLION)
      • Table PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
    • POLYESTER
      • POLYESTER APPLICATION, BY GRADE
      • POLYESTER APPLICATION, BY END USER
        • Table PTA MARKET IN POLYESTER APPLICATION, BY REGION, 2016-2023 (USD MILLION)
        • Table PTA MARKET IN POLYESTER APPLICATION, BY REGION, 2016-2023 (KILOTONS)
    • POLYBUTYLENE TEREPHTHALATE (PBT)
      • Table PTA MARKET IN POLYBUTYLENE TEREPHTHALATE APPLICATION, BY REGION, 2016-2023 (USD MILLION)
      • Table PTA MARKET IN POLYBUTYLENE TEREPHTHALATE APPLICATION, BY REGION, 2016-2023 (KILOTONS)
    • PLASTICIZERS
      • Table PTA MARKET IN PLASTICIZERS APPLICATION, BY REGION, 2016-2023 (USD MILLION)
      • Table PTA MARKET IN PLASTICIZERS APPLICATION, BY REGION, 2016-2023 (KILOTONS)
    • OTHERS
      • Table PTA MARKET IN OTHER APPLICATIONS, BY REGION, 2018-2023 (USD MILLION)
      • Table PTA MARKET IN OTHER APPLICATIONS, BY REGION, 2018-2023 (KILOTONS)
  • PTA MARKET, BY REGION
    • INTRODUCTION
      • Table PTA MARKET, BY REGION, 2016-2023 (USD BILLION)
      • Table PTA MARKET, BY REGION, 2016-2023 (KILOTONS)
      • Table PTA MARKET, BY APPLICATION, 2016-2023 (USD BILLION)
      • Table PTA MARKET, BY APPLICATION, 2016-2023 (MILLION TONS)
    • ASIA PACIFIC
      • Table ASIA PACIFIC PTA MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC PTA MARKET, BY COUNTRY, 2016-2023 (KILOTONS)
      • Table ASIA PACIFIC PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • CHINA
        • Table CHINA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table CHINA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • INDIA
        • Table INDIA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table INDIA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • JAPAN
        • Table JAPAN PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table JAPAN PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • SOUTH KOREA
        • Table SOUTH KOREA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table SOUTH KOREA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • TAIWAN
        • Table TAIWAN PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table TAIWAN PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • THAILAND
        • Table THAILAND PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table THAILAND PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • INDONESIA
        • Table INDONESIA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table INDONESIA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • REST OF ASIA PACIFIC
        • Table REST OF ASIA PACIFIC PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table REST OF ASIA PACIFIC PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
    • NORTH AMERICA
      • Table NORTH AMERICA PTA MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA PTA MARKET, BY COUNTRY, 2016-2023 (KILOTONS)
      • Table NORTH AMERICA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • US
        • Table US PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table US PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • CANADA
        • Table CANADA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table CANADA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • MEXICO
        • Table MEXICO PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table MEXICO PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
    • EUROPE
      • Table EUROPE PTA MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table EUROPE PTA MARKET, BY COUNTRY, 2016-2023 (KILOTONS)
      • Table EUROPE PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table EUROPE PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • GERMANY
        • Table GERMANY PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table GERMANY PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • ITALY
        • Table ITALY PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table ITALY PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • FRANCE
        • Table FRANCE PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table FRANCE PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • UK
        • Table UK PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table UK PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • RUSSIA
        • Table RUSSIA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table RUSSIA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • THE NETHERLANDS
        • Table NETHERLANDS PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table NETHERLANDS PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • POLAND
        • Table POLAND PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table POLAND PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • REST OF EUROPE
        • Table REST OF EUROPE PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table REST OF EUROPE PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA PTA MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA PTA MARKET, BY COUNTRY, 2016-2023 (KILOTONS)
      • Table MIDDLE EAST & AFRICA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA PTA MARKET, BY APPLICATION,2016-2023 (KILOTONS)
      • SAUDI ARABIA
        • Table SAUDI ARABIA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table SAUDI ARABIA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • IRAN
        • Table IRAN PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table IRAN PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • TURKEY
        • Table TURKEY PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table TURKEY PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • REST OF MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST & AFRICA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table REST OF MIDDLE EAST & AFRICA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
    • SOUTH AMERICA
      • Table SOUTH AMERICA PTA MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA PTA MARKET, BY COUNTRY, 2016-2023 (KILOTONS)
      • Table SOUTH AMERICA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • BRAZIL
        • Table BRAZIL PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table BRAZIL PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • ARGENTINA
        • Table ARGENTINA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table ARGENTINA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA PTA MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table REST OF SOUTH AMERICA PTA MARKET, BY APPLICATION, 2016-2023 (KILOTONS)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS
    • COMPETITIVE SITUATIONS & TRENDS
      • EXPANSIONS
        • Table EXPANSIONS, JANUARY 2013-JANUARY 2018
      • AGREEMENTS
        • Table AGREEMENTS, JANUARY 2013-JANUARY 2018
      • ACQUISITIONS
        • Table ACQUISITIONS, JANUARY 2013-JANUARY 2018
  • COMPANY PROFILES
    • BRITISH PETROLEUM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • RELIANCE INDUSTRIES LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SINOPEC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • INDORAMA VENTURES PUBLIC COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SABIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ALPEK
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • EASTMAN CHEMICAL COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • INDIAN OIL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • LOTTE CHEMICAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • MITSUBISHI CHEMICAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • PETKIM PETROKIMYA HOLDING A.ª.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • JBF PETROCHEMICALS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • MCPI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • JIAXING PETROCHEMICAL CO., LTD. (JPCL)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OTHER LEADING PLAYERS
      • CHINA PROSPERITY (JIANGYIN) PETROCHEMICAL CO. LTD.,
      • HANWHA GENERAL CHEMICAL CO., LTD.
      • HENGLI PETROCHEMICAL CO., LTD.
      • OMPET
      • ORIENTAL PETROCHEMICAL (TAIWAN)
      • ORIENTAL PETROCHEMICAL (SHANGHAI) CORPORATION
      • SHAHID TONDGOOYAN PETROCHEMICAL COMPANY (STPC)
      • PKN ORLEN S.A.
      • PT ENERGI MEGA PERSADA (EMP)
      • TAEKWANG INDUSTRIAL CO., LTD.
      • ZHEJIANG HENGYI GROUP CO., LTD.
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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