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Global Purified Terephthalic Acid Market 2018-2025

The Global Purified Terephthalic acid (PTA) Market was valued at USD xx million in 2017 and is estimated to reach USD xx million by 2025, with a CAGR of xx% during the forecast period from 2018 to 2025. Purified Terephthalic acid (PTA) is a raw material which is used in the production of high-performance multipurpose plastics like polybutylene terephthalate (PBT), polyethylene terephthalate (PET), polytrimethylene terephthalate (PTT) and even forms of bioplastics. It also finds its vast usage in the production of polyester fibres in the global market which are used to manufacture polyester coating resins for appliances, automotive, industrial maintenance even coil coatings. The core technology for producing TPA has remained the same since the 1960s—crude TPA is produced by bromine-promoted catalytic oxidation of p-xylene, and purified by a hydrogenation step. Market Dynamics: As PTA is crucial for the synthesis of many important polymers, demand for PTA has steadily increased due to vast consumption of plastics worldwide. Worldwide demand for plastic materials is the primary factor that determines the demand for PTA. PTA has various properties such as Resistance towards chemicals & stains, Good glass transition temperature range, Efficient powder flow & fluidizing characteristics, Excellent weathering. These properties enhance its ability to be used as a raw material. There is a growing demand for PTA in the production of carbonated plastic bottles as well as from the paints & coating industry. Food & beverages and pharmaceutical packaging industries are also witnessing increased demand for PTA. PTA is raw material for polyester films owing to its toughness & dimensional stability and increased consumption of these films in photographic films, data storage tapes & sheets fuel the market demand for PTA. Increasing use in other end-segment industries including construction, marine, transport & wind energy fuels demands for PTA. Volatile crude oil prices and stringent regulations for environmental protection affect the PTA market. Segment Analysis: Global Purified Terephthalic acid (PTA) Market is segmented by application. The major demand for PTA comes from Polyester fiber, films, and PET bottles. Among all the applications, polyester fiber dominates the market demand by holding 65% of the market share in the global market demand. Polyester fiber used PTA as raw material and these fibers are further used to manufacture carpets, apparels, ropes, sportswear, etc which causes the massive demand for PTA. Demand from the polyester fiber is further followed by PET bottles. It holds 27% of the market share in the global market demand. PTA is commonly used in the production of carbonated PET bottles (used mostly for soft drinks & juices). Films also use it as a raw material in the production process. They contribute to the remaining 8% of the total market demand. These films are further used in pipes, packaging sheets, containers, etc. Geographical Analysis: By region, Global Purified Terephthalic acid (PTA) Market is segmented into North America, South America, Asia-pacific, Europe, and Rest of the world. Due to Stringent regulations for environmental protection, North America and Europe have much smaller production of PTA. United States was the biggest importer of terephthalic acid due to rising demand from the end-segment market of PET resin, polyester powder coating, and polyester resins. Germany was the second biggest importer of terephthalic acid. China, India, and Taiwan are the biggest PTA producer in the world. Asia produces more than 75% of PTA in the world. Majority of new PTA plants are started in Asia. Asian-Pacific region is expected to dominate the market owing to the growth in food & beverages, packaging, and construction sector. South Korea was the largest exporter of terephthalic acid in 2016. It exported the material worth of US$ 1.076bn followed by Thailand which exported the material worth US$ 564.7mn. Geographical Analysis: By region, Global Purified Terephthalic acid (PTA) Market is segmented into North America, South America, Asia-pacific, Europe, and Rest of the world. Due to Stringent regulations for environmental protection, North America and Europe have much smaller production of PTA. United States was the biggest importer of terephthalic acid due to rising demand from the end-segment market of PET resin, polyester powder coating, and polyester resins. Germany was the second biggest importer of terephthalic acid. China, India, and Taiwan are the biggest PTA producer in the world. Asia produces more than 75% of PTA in the world. Majority of new PTA plants are started in Asia. Asian-Pacific region is expected to dominate the market owing to the growth in food & beverages, packaging, and construction sector. South Korea was the largest exporter of terephthalic acid in 2016. It exported the material worth of US$ 1.076bn followed by Thailand which exported the material worth US$ 564.7mn. Geographical Analysis: By region, Global Purified Terephthalic acid (PTA) Market is segmented into North America, South America, Asia-pacific, Europe, and Rest of the world. Due to Stringent regulations for environmental protection, North America and Europe have much smaller production of PTA. United States was the biggest importer of terephthalic acid due to rising demand from the end-segment market of PET resin, polyester powder coating, and polyester resins. Germany was the second biggest importer of terephthalic acid. China, India, and Taiwan are the biggest PTA producer in the world. Asia produces more than 75% of PTA in the world. Majority of new PTA plants are started in Asia. Asian-Pacific region is expected to dominate the market owing to the growth in food & beverages, packaging, and construction sector. South Korea was the largest exporter of terephthalic acid in 2016. It exported the material worth of US$ 1.076bn followed by Thailand which exported the material worth US$ 564.7mn. Geographical Analysis: By region, Global Purified Terephthalic acid (PTA) Market is segmented into North America, South America, Asia-pacific, Europe, and Rest of the world. Due to Stringent regulations for environmental protection, North America and Europe have much smaller production of PTA. United States was the biggest importer of terephthalic acid due to rising demand from the end-segment market of PET resin, polyester powder coating, and polyester resins. Germany was the second biggest importer of terephthalic acid. China, India, and Taiwan are the biggest PTA producer in the world. Asia produces more than 75% of PTA in the world. Majority of new PTA plants are started in Asia. Asian-Pacific region is expected to dominate the market owing to the growth in food & beverages, packaging, and construction sector. South Korea was the largest exporter of terephthalic acid in 2016. It exported the material worth of US$ 1.076bn followed by Thailand which exported the material worth US$ 564.7mn. Geographical Analysis: By region, Global Purified Terephthalic acid (PTA) Market is segmented into North America, South America, Asia-pacific, Europe, and Rest of the world. Due to Stringent regulations for environmental protection, North America and Europe have much smaller production of PTA. United States was the biggest importer of terephthalic acid due to rising demand from the end-segment market of PET resin, polyester powder coating, and polyester resins. Germany was the second biggest importer of terephthalic acid. China, India, and Taiwan are the biggest PTA producer in the world. Asia produces more than 75% of PTA in the world. Majority of new PTA plants are started in Asia. Asian-Pacific region is expected to dominate the market owing to the growth in food & beverages, packaging, and construction sector. South Korea was the largest exporter of terephthalic acid in 2016. It exported the material worth of US$ 1.076bn followed by Thailand which exported the material worth US$ 564.7mn. Geographical Analysis: By region, Global Purified Terephthalic acid (PTA) Market is segmented into North America, South America, Asia-pacific, Europe, and Rest of the world. Due to Stringent regulations for environmental protection, North America and Europe have much smaller production of PTA. United States was the biggest importer of terephthalic acid due to rising demand from the end-segment market of PET resin, polyester powder coating, and polyester resins. Germany was the second biggest importer of terephthalic acid. Geographical Analysis: By region, Global Purified Terephthalic acid (PTA) Market is segmented into North America, South America, Asia-pacific, Europe, and Rest of the world. Due to Stringent regulations for environmental protection, North America and Europe have much smaller production of PTA. United States was the biggest importer of terephthalic acid due to rising demand from the end-segment market of PET resin, polyester powder coating, and polyester resins. Germany was the second biggest importer of terephthalic acid. Geographical Analysis: By region, Global Purified Terephthalic acid (PTA) Market is segmented into North America, South America, Asia-pacific, Europe, and Rest of the world. Due to Stringent regulations for environmental protection, North America and Europe have much smaller production of PTA. United States was the biggest importer of terephthalic acid due to rising demand from the end-segment market of PET resin, polyester powder coating, and polyester resins. Germany was the second biggest importer of terephthalic acid. Geographical Analysis: By region, Global Purified Terephthalic acid (PTA) Market is segmented into North America, South America, Asia-pacific, Europe, and Rest of the world. Due to Stringent regulations for environmental protection, North America and Europe have much smaller production of PTA. United States was the biggest importer of terephthalic acid due to rising demand from the end-segment market of PET resin, polyester powder coating, and polyester resins. Germany was the second biggest importer of terephthalic acid. Geographical Analysis: By region, Global Purified Terephthalic acid (PTA) Market is segmented into North America, South America, Asia-pacific, Europe, and Rest of the world. Due to Stringent regulations for environmental protection, North America and Europe have much smaller production of PTA. United States was the biggest importer of terephthalic acid due to rising demand from the end-segment market of PET resin, polyester powder coating, and polyester resins. Germany was the second biggest importer of terephthalic acid. China, India, and Taiwan are the biggest PTA producer in the world. Asia produces more than 75% of PTA in the world. Majority of new PTA plants are started in Asia. Asian-Pacific region is expected to dominate the market owing to the growth in food & beverages, packaging, and construction sector. South Korea was the largest exporter of terephthalic acid in 2016. It exported the material worth of US$ 1.076bn followed by Thailand which exported the material worth US$ 564.7mn. By region, Global Purified Terephthalic acid (PTA) Market is segmented into North America, South America, Asia-pacific, Europe, and Rest of the world. Due to Stringent regulations for environmental protection, North America and Europe have much smaller production of PTA. United States was the biggest importer of terephthalic acid due to rising demand from the end-segment market of PET resin, polyester powder coating, and polyester resins. Germany was the second biggest importer of terephthalic acid. China, India, and Taiwan are the biggest PTA producer in the world. Asia produces more than 75% of PTA in the world. Majority of new PTA plants are started in Asia. Asian-Pacific region is expected to dominate the market owing to the growth in food & beverages, packaging, and construction sector. South Korea was the largest exporter of terephthalic acid in 2016. It exported the material worth of US$ 1.076bn followed by Thailand which exported the material worth US$ 564.7mn. Key Players: Global Purified Terephthalic acid Market consists of a few global players due to capital-intensive processes and patented technologies. Some of the critical players in the Purified Terephthalic acid Market are BP, China Petrochemical, Reliance Industries, SABIC, Cespa, Alpek, Eastman Chemical Company, Indorama Ventures, Far Eastern Group, Mitsubishi Chemical Holdings, Zhejiang Yisheng Petrochemical Co., Ltd., Hengli Petrochemical, and Xianglu Petrochemical. In October 2018, Indian Government approved a proposal to allot 98.53 acres to MCPI on Tuesday to set up a new purified terephthalic acid (PTA) plant at an investment of Rs 4,500 crore (619 million USD) in Haldia. In June 2018, BP entered an agreement with a subsidiary of Xin Feng Ming Group Co. to license BP's latest generation purified terephthalic acid ("PTA") technology. In May INVISTA and Hengli Petrochemical (Dalian) Co., Ltd. (Hengli) have reached, an agreement to license INVISTA's latest purified terephthalic acid (PTA) process technology for Hengli's fourth PTA line. In May 2018, In March 2018, Indorama Ventures Enters into a Joint Venture to Acquire the Integrated PTA-PET Assets in Corpus Christi, Texas, USA. In Feb 2018, BP and SOCAR Turkey Enerji A.Ş entered into a licensing agreement for BP’s latest generation purified terephthalic acid (PTA) technology. On November 2018, China announced, it will allow overseas investors to trade purified terephthalic acid (PTA) futures on the Zhengzhou Commodity Exchange from Nov. 30 Why purchase the report? • Visualize the composition of the Purified Terephthalic Acid Market across each indication, in terms of application highlighting the key commercial assets and players. • Identify commercial opportunities in the Purified Terephthalic Acid Market by analyzing trends and co-development deals. • Excel data sheet with thousands of data points of the Purified Terephthalic Acid Market level 4/5 segmentation • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study • Product mapping in excel for the key Purified Terephthalic Acid Market products of all major market players Target Audience • Raw Material Suppliers/ Buyers • Product Suppliers/ Buyers • Industry Investors/Investment Bankers • Education & Research Institutes • Research Professionals • Emerging Companies • Manufacturers Key Players: Global Purified Terephthalic acid Market consists of a few global players due to capital-intensive processes and patented technologies. Some of the critical players in the Purified Terephthalic acid Market are BP, China Petrochemical, Reliance Industries, SABIC, Cespa, Alpek, Eastman Chemical Company, Indorama Ventures, Far Eastern Group, Mitsubishi Chemical Holdings, Zhejiang Yisheng Petrochemical Co., Ltd., Hengli Petrochemical, and Xianglu Petrochemical. In October 2018, Indian Government approved a proposal to allot 98.53 acres to MCPI on Tuesday to set up a new purified terephthalic acid (PTA) plant at an investment of Rs 4,500 crore (619 million USD) in Haldia. In June 2018, BP entered an agreement with a subsidiary of Xin Feng Ming Group Co. to license BP's latest generation purified terephthalic acid ("PTA") technology. In May INVISTA and Hengli Petrochemical (Dalian) Co., Ltd. (Hengli) have reached, an agreement to license INVISTA's latest purified terephthalic acid (PTA) process technology for Hengli's fourth PTA line. In May 2018, In March 2018, Indorama Ventures Enters into a Joint Venture to Acquire the Integrated PTA-PET Assets in Corpus Christi, Texas, USA. In Feb 2018, BP and SOCAR Turkey Enerji A.Ş entered into a licensing agreement for BP’s latest generation purified terephthalic acid (PTA) technology. On November 2018, China announced, it will allow overseas investors to trade purified terephthalic acid (PTA) futures on the Zhengzhou Commodity Exchange from Nov. 30 Why purchase the report? • Visualize the composition of the Purified Terephthalic Acid Market across each indication, in terms of application highlighting the key commercial assets and players. • Identify commercial opportunities in the Purified Terephthalic Acid Market by analyzing trends and co-development deals. • Excel data sheet with thousands of data points of the Purified Terephthalic Acid Market level 4/5 segmentation • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study • Product mapping in excel for the key Purified Terephthalic Acid Market products of all major market players Target Audience • Raw Material Suppliers/ Buyers • Product Suppliers/ Buyers • Industry Investors/Investment Bankers • Education & Research Institutes • Research Professionals • Emerging Companies • Manufacturers Key Players: Global Purified Terephthalic acid Market consists of a few global players due to capital-intensive processes and patented technologies. Some of the critical players in the Purified Terephthalic acid Market are BP, China Petrochemical, Reliance Industries, SABIC, Cespa, Alpek, Eastman Chemical Company, Indorama Ventures, Far Eastern Group, Mitsubishi Chemical Holdings, Zhejiang Yisheng Petrochemical Co., Ltd., Hengli Petrochemical, and Xianglu Petrochemical. In October 2018, Indian Government approved a proposal to allot 98.53 acres to MCPI on Tuesday to set up a new purified terephthalic acid (PTA) plant at an investment of Rs 4,500 crore (619 million USD) in Haldia. In June 2018, BP entered an agreement with a subsidiary of Xin Feng Ming Group Co. to license BP's latest generation purified terephthalic acid ("PTA") technology. In May INVISTA and Hengli Petrochemical (Dalian) Co., Ltd. (Hengli) have reached, an agreement to license INVISTA's latest purified terephthalic acid (PTA) process technology for Hengli's fourth PTA line. In May 2018, In March 2018, Indorama Ventures Enters into a Joint Venture to Acquire the Integrated PTA-PET Assets in Corpus Christi, Texas, USA. In Feb 2018, BP and SOCAR Turkey Enerji A.Ş entered into a licensing agreement for BP’s latest generation purified terephthalic acid (PTA) technology. Global Purified Terephthalic acid Market consists of a few global players due to capital-intensive processes and patented technologies. Some of the critical players in the Purified Terephthalic acid Market are BP, China Petrochemical, Reliance Industries, SABIC, Cespa, Alpek, Eastman Chemical Company, Indorama Ventures, Far Eastern Group, Mitsubishi Chemical Holdings, Zhejiang Yisheng Petrochemical Co., Ltd., Hengli Petrochemical, and Xianglu Petrochemical. In October 2018, Indian Government approved a proposal to allot 98.53 acres to MCPI on Tuesday to set up a new purified terephthalic acid (PTA) plant at an investment of Rs 4,500 crore (619 million USD) in Haldia. In June 2018, BP entered an agreement with a subsidiary of Xin Feng Ming Group Co. to license BP's latest generation purified terephthalic acid ("PTA") technology. In May INVISTA and Hengli Petrochemical (Dalian) Co., Ltd. (Hengli) have reached, an agreement to license INVISTA's latest purified terephthalic acid (PTA) process technology for Hengli's fourth PTA line. In May 2018, In March 2018, Indorama Ventures Enters into a Joint Venture to Acquire the Integrated PTA-PET Assets in Corpus Christi, Texas, USA. In Feb 2018, BP and SOCAR Turkey Enerji A.Ş entered into a licensing agreement for BP’s latest generation purified terephthalic acid (PTA) technology. On November 2018, China announced, it will allow overseas investors to trade purified terephthalic acid (PTA) futures on the Zhengzhou Commodity Exchange from Nov. 30 Why purchase the report? • Visualize the composition of the Purified Terephthalic Acid Market across each indication, in terms of application highlighting the key commercial assets and players. • Identify commercial opportunities in the Purified Terephthalic Acid Market by analyzing trends and co-development deals. • Excel data sheet with thousands of data points of the Purified Terephthalic Acid Market level 4/5 segmentation • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study • Product mapping in excel for the key Purified Terephthalic Acid Market products of all major market players Target Audience • Raw Material Suppliers/ Buyers • Product Suppliers/ Buyers • Industry Investors/Investment Bankers • Education & Research Institutes • Research Professionals • Emerging Companies • Manufacturers On November 2018, China announced, it will allow overseas investors to trade purified terephthalic acid (PTA) futures on the Zhengzhou Commodity Exchange from Nov. 30 Why purchase the report? • Visualize the composition of the Purified Terephthalic Acid Market across each indication, in terms of application highlighting the key commercial assets and players. • Identify commercial opportunities in the Purified Terephthalic Acid Market by analyzing trends and co-development deals. • Excel data sheet with thousands of data points of the Purified Terephthalic Acid Market level 4/5 segmentation • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study • Product mapping in excel for the key Purified Terephthalic Acid Market products of all major market players • Visualize the composition of the Purified Terephthalic Acid Market across each indication, in terms of application highlighting the key commercial assets and players. • Identify commercial opportunities in the Purified Terephthalic Acid Market by analyzing trends and co-development deals. • Excel data sheet with thousands of data points of the Purified Terephthalic Acid Market level 4/5 segmentation • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study • Product mapping in excel for the key Purified Terephthalic Acid Market products of all major market players Target Audience • Raw Material Suppliers/ Buyers • Product Suppliers/ Buyers • Industry Investors/Investment Bankers • Education & Research Institutes • Research Professionals • Emerging Companies • Manufacturers

1. Global Purified Terephthalic Acid Market – Methodology and Scope 1.1. Research Methodology 1.2. The scope of the Report 2. Global Purified Terephthalic Acid Market – Trends 2.1. Key Trends & Developments 3. Global Purified Terephthalic Acid Market – Industry Analysis 3.1. Industry Impact Factors (Drivers & Restraints) 3.2. Competitive Intensity- Porter 5 Forces 3.3. Patent Analysis 3.4. Regulatory Analysis 4. Global Purified Terephthalic Acid Market – By Application 4.1. Polyester fiber 4.2. PET bottles 4.3. Films 5. Global Purified Terephthalic Acid Market – By Geography 5.1. North America 5.1.1. The United States 5.1.2. Canada 5.1.3. Mexico 5.2. South America 5.2.1. Brazil 5.2.2. Argentina 5.2.3. Rest of South America 5.3. Europe 5.3.1. Germany 5.3.2. United Kingdom 5.3.3. France 5.3.4. Rest of Europe 5.4. Asia-Pacific 5.4.1. China 5.4.2. Japan 5.4.3. South Korea 5.4.4. Taiwan 5.4.5. India 5.4.6. Australia 5.4.7. Rest of Asia-Pacific 5.5. Rest of the World 6. Global Purified Terephthalic Acid Market – Competitive Landscape 6.1. Market Share/Rank Analysis 6.2. Key Strategies adopted by Manufacturers 6.3. Product Benchmarking 7. Global Purified Terephthalic Acid Market – Company Profiles 7.1. BP 7.2. China Petrochemical 7.3. Reliance Industries 7.4. SABIC 7.5. Cespa 7.6. Alpek 7.7. Eastman Chemical Company 7.8. Indorama Ventures 7.9. Far Eastern Group 7.10. Mitsubishi Chemical Holdings 7.11. Zhejiang Yisheng Petrochemical Co., Ltd. 7.12. Hengli Petrochemical 7.13. Xianglu Petrochemical Note: Additional company profiles will be included on client request. 8. Global Purified Terephthalic Acid Market – Appendix


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  About this Report
Category Chemicals
Published on 1/22/2019
Number of Pages 152
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