Global Purified Terephthalic Acid (PTA) Market 2017-2021

  • ID: 4435020
  • Report
  • Region: Global
  • 89 pages
  • TechNavio
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FEATURED COMPANIES

  • Alpek
  • China Petrochemical
  • Far Eastern Group
  • Hengli Petrochemicals
  • LOTTE CHEMICAL
  • TAEKWANG INDUSTRIAL
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Purified Terephthalic Acid (PTA)

Terephthalic acid is a colorless solid material with the chemical formula C6H4(CO2H)2. It is difficult to dissolve in water or other liquids. It is largely used in manufacturing polyester, textiles, and plastic bottles. The common method for producing PTA is the Amoco process. It is produced by the oxidation of paraxylene, and the oxidation process includes acetic acid as solvent and the cobalt-manganese-bromide catalyst. A feed mixture containing paraxylene, acetic acid, and the catalyst system with compressed air is fed to a reactor.

The analysts forecast the global purified terephthalic acid (PTA) market to grow at a CAGR of 7.51% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global purified terephthalic acid (PTA) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Purified Terephthalic Acid (PTA) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BP
  • China Petrochemical
  • Eastman
  • Mitsubishi Chemical Holdings
  • Reliance Industries
Other prominent vendors
  • Alpek
  • CEPSA
  • DowDuPont
  • Far Eastern Group
  • Formosa Petrochemical
  • Hanwha Group
  • Hengli Petrochemicals
  • JBF Industries
  • LOTTE CHEMICAL
  • Oriental Petrochemical (Taiwan)
  • Indorama Ventures Public Company
  • Indian Oil
  • SABIC
  • TAEKWANG INDUSTRIAL
  • TONGKUN GROUP
  • Zhejiang Hengyi Group
Market drivers
  • Increase in demand from polyester fibers
  • For a full, detailed list, view the full report
Market challenges
  • Volatility of crude oil price
  • For a full, detailed list, view the full report
Market trends
  • PET bottle packaging for alcoholic beverages
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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2 of 5

FEATURED COMPANIES

  • Alpek
  • China Petrochemical
  • Far Eastern Group
  • Hengli Petrochemicals
  • LOTTE CHEMICAL
  • TAEKWANG INDUSTRIAL
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Overview
PART 05: MARKET LANDSCAPE
  • Market ecosystem
  • Market segmentation analysis
PART 06: MARKET SIZING
  • Market definition
  • Market sizing 2016
  • Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS

PART 08: MARKET SEGMENTATION BY APPLICATION
  • Segmentation by application
  • Comparison by application
  • Polyester fiber - Market size and forecast 2016-2021
  • PET resins - Market size and forecast 2016-2021
  • Films - Market size and forecast 2016-2021
  • Others - Market size and forecast 2016-2021
  • Market opportunity by application
PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • APAC - Market size and forecast 2016-2021
  • Americas - Market size and forecast 2016-2021
  • EMEA - Market size and forecast 2016-2021
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • PET bottle packaging for alcoholic beverages
  • Bio-routes for producing paraxylene
  • Rise in demand from household furnishing
PART 13: VENDOR LANDSCAPE
  • Competitive scenario
  • Other prominent vendors
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • BP
  • China Petrochemical
  • Eastman
  • Mitsubishi Chemical Holdings
  • Reliance Industries
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global specialty chemicals market
Exhibit 03: Market segments
Exhibit 04: Market definition: Inclusions and exclusions checklist
Exhibit 05: Market size 2016
Exhibit 06: Validation techniques employed for market sizing 2016
Exhibit 07: Global PTA market - Market size and forecast 2016-2021 ($ billions)
Exhibit 08: Global PTA market - Year-over-year growth 2017-2021 (%)
Exhibit 09: Five forces analysis
Exhibit 10: Application - Market share 2016-2021 (%)
Exhibit 11: Comparison by application
Exhibit 12: Polyester fiber - Market size and forecast 2016-2021 ($ billions)
Exhibit 13: Polyester fiber - Year-over-year growth 2017-2021 (%)
Exhibit 14: PET resins - Market size and forecast 2016-2021 ($ billions)
Exhibit 15: PET resins - Year-over-year growth 2017-2021 (%)
Exhibit 16: Films - Market size and forecast 2016-2021 ($ billions)
Exhibit 17: Films - Year-over-year growth 2017-2021 (%)
Exhibit 18: Others - Market size and forecast 2016-2021 ($ billions)
Exhibit 19: Others - Year-over-year growth 2017-2021 (%)
Exhibit 20: Market opportunity by application
Exhibit 21: Global PTA market - Market share 2016-2021 (%)
Exhibit 22: Regional comparison
Exhibit 23: APAC - Market size and forecast 2016-2021 ($ billions)
Exhibit 24: APAC - Year-over-year growth 2017-2021 (%)
Exhibit 25: Americas - Market size and forecast 2016-2021 ($ billions)
Exhibit 26: Americas - Year-over-year growth 2017-2021 (%)
Exhibit 27: EMEA - Market size and forecast 2016-2021 ($ billions)
Exhibit 28: EMEA - Year-over-year growth 2017-2021 (%)
Exhibit 29: Key leading countries
Exhibit 30: Polyester fiber consumption
Exhibit 31: Properties of PTA
Exhibit 32: BP: Business segmentation by revenue 2016
Exhibit 33: BP: Geographical segmentation by revenue 2016
Exhibit 34: BP: PTA product
Exhibit 35: China Petrochemical: Business segmentation by revenue 2016
Exhibit 36: China Petrochemical: Geographical segmentation by revenue 2016
Exhibit 37: China Petrochemical: PTA product
Exhibit 38: Eastman: Business segmentation by revenue 2016
Exhibit 39: Eastman: Geographical segmentation by revenue 2016
Exhibit 40: Eastman: PTA products
Exhibit 41: Mitsubishi Chemical Holdings: Business segmentation by revenue 2016
Exhibit 42: Mitsubishi Chemical Holdings: Geographical segmentation by revenue 2016
Exhibit 43: Mitsubishi Chemical Holdings: PTA product
Exhibit 44: Reliance Industries: Business segmentation by revenue 2016
Exhibit 45: Reliance Industries: Geographical segmentation by revenue 2016
Exhibit 46: Reliance Industries: PTA product
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FEATURED COMPANIES

  • Alpek
  • China Petrochemical
  • Far Eastern Group
  • Hengli Petrochemicals
  • LOTTE CHEMICAL
  • TAEKWANG INDUSTRIAL
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Global Purified Terephthalic Acid (PTA) Market 2017-2021

The author of the report recognizes the following companies as the key players in the global purified terephthalic acid (PTA) market: BP, China Petrochemical, Eastman, Mitsubishi Chemical Holdings, and Reliance Industries.

Other Prominent Vendors in the market are: Alpek, CEPSA, DowDuPont, Far Eastern Group, Formosa Petrochemical, Hanwha Group, Hengli Petrochemicals, JBF Industries, LOTTE CHEMICAL, Oriental Petrochemical (Taiwan), Indorama Ventures Public Company, Indian Oil, SABIC, TAEKWANG INDUSTRIAL, TONGKUN GROUP, and Zhejiang Hengyi Group.

Commenting on the report, an analyst from the research team said: “One trend in the market is PET bottle packaging for alcoholic beverages. Many vendors are exploring new ways for the packaging of alcoholic beverages. Many alcoholic beverage vendors are considering PET bottles for the packaging of alcoholic beverages such as beer and wine as PET can maintain the appearance and stability of an alcoholic beverage and is lighter than glass. Incorporating PET bottles will lead to enhanced supply chain management, lower production cost, more margin, and higher sustainability.”

According to the report, one driver in the market is increase in demand from polyester fibers. PTA is largely used to produce polyester fibers. It acts as a feedstock along with mono-ethylene glycol and other chemicals for producing synthetic polymers. It is largely preferred due to its abundant availability, the simple chemical process of polyester synthesis, superior mechanical properties, enhanced chemical properties, recyclability, and a wide range of intermediates to be produced from polyester fibers. Polyester fibers are largely used to manufacture apparels such as top-weight and bottom-weight fabrics; household and institutional textiles such as sheets and pillowcases, towels, curtains, draperies, upholstery, and bed ticking; carpets and rugs; and industrial and consumer textiles. Industrial and consumer textiles have the highest consumption of polyester fiber, followed by apparel and household and institutional textiles.

Further, the report states that one challenge in the market is volatility of crude oil price. In recent years, the increasing costs of commodities have led to a lot of financial pressure on numerous commodity producers. After the global crisis, the cost of crude oil has been fluctuating, which is affecting the cost of raw materials derived from crude oil for manufacturing other products. Packaged consumer goods prices saw double-digit growth in the past few years. The major economies are yet to recover from the global crisis; some are still facing the same situation, and some have recovered from the crisis. A large portion of the global economy is on the path to recovery, yet the prices of raw materials are yet to stabilize. Many vendors do not have the adaptability to respond to market volatility rapidly.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • BP
  • China Petrochemical
  • Eastman
  • Mitsubishi Chemical Holdings
  • Reliance Industries
  • Alpek
  • CEPSA
  • DowDuPont
  • Far Eastern Group
  • Formosa Petrochemical
  • Hanwha Group
  • Hengli Petrochemicals
  • JBF Industries
  • LOTTE CHEMICAL
  • Oriental Petrochemical (Taiwan)
  • Indorama Ventures Public Company
  • Indian Oil
  • SABIC
  • TAEKWANG INDUSTRIAL
  • TONGKUN GROUP
  • Zhejiang Hengyi Group
Note: Product cover images may vary from those shown
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