The report on the Global Terephthalic Acids Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Terephthalic acids are an organic chemical commodity, which serves as a precursor to the production of multiple chemicals such as polybutyl terephthalate (PBT), polyethylene terephthalate (PET), polytrimethylene terephthalate (PTT, which is a bioplastic) etc. Amongst these chemicals, polyethylene terephthalate (PET) is a very widely used chemical for the production of plastic bottles, moulded products, textiles, films etc. Terephthalic Acids is a white crystalline powder in the physical form.
Purified terephthalic acids (PTA), a purified type of terephthalic acids are commercially available and vastly used in the market. It can be produced in many different ways. There are four established ways of manufacturing terephthalic acids including Amoco Process, Co-Oxidation, Multistage oxidation, Henkel Process (Raecke Process). More advanced techniques are still coming up. In general, petrochemical companies dominate over the purified terephthalic acids (PTA) market on a large scale. Apart from petrochemicals industries, several other industries use purified terephthalic acids (PTA) for the production of commodities such as high performance fibres, polyester films, tapes, adhesives, moulded products, coatings, composite materials based on unsaturated polyester resins, and hot-melt adhesives etc.
The global terephthalic acids market can segmented based on its end-use applications such as textiles, bottling & packaging, paints & coatings, furnishing and some others. Textiles are the major end-use application of the global terephthalic acids market. Owing to the augmenting market of polyethylene terephthalate (PET), global terephthalic acids market to experience growth in downstream opportunities. This report by Decision Databases encloses a comprehensive study on the current and future market scenarios over the forecast period.
Asia Pacific followed by North America and Europe, serve as the largest consumers for the terephthalic acids.
Market leaders in global terephthalic acids market include:
- Eastman Chemical Company
- Sinopec Yizheng Chemical Fibre Company
- Reliance Industries Limited
- DuPont
- Alfa Group
- BP Plc
- Indian Oil Corporation
- Formosa Plastics Group
- Honam Petrochemical Corporation
- SABIC
- Mitsubishi Chemical Corporation
- Samsung Petrochemical Co. Ltd.
- IVL Belgium N.V.
- CEPSA
- Mitsui Chemicals
- Samyang Corporation.
SEGMENTATION IN THE REPORT:
Terephthalic Acids By Applications:
- Textiles
- Bottling & Packaging
- Paints and Coatings
- Furnishing
- Others
Terephthalic Acids By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- MEA
The Global Terephthalic Acids Market has been exhibited in detail in the following chapters -
Chapter 1 Terephthalic Acids Market Preface
Chapter 2 Executive Summary
Chapter 3 Terephthalic Acids Industry Analysis
Chapter 4 Terephthalic Acids Market Value Chain Analysis
Chapter 5 Terephthalic Acids Market Analysis By End-User
Chapter 6 Terephthalic Acids Market Analysis By Geography
Chapter 7 Competitive Landscape Of Terephthalic Acids Companies
Chapter 8 Company Profiles Of Terephthalic Acids Industry