Terephthalic Acids Market Size, Demands, Trends, Growth and Forecasts 2014 to 2021
The Terephthalic Acids Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend and Growth during the study period (2014–2021).
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.
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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.
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Major player assessed in the report is :
– Eastman Chemical Company
– Sinopec Yizheng Chemical Fibre Company
– Reliance Industries Limited
– Alfa Group
– BP Plc
– Formosa Plastics Group
– Mitsubishi Chemical Corporation
– IVL Belgium N.V.
– Mitsui Chemicals
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.
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.
Decision Databases is involved in providing research reports and company profiles in the global terephthalic acids market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market.
SEGMENTATION IN THE REPORT:
Terephthalic Acids By Applications:
Bottling & Packaging
Paints and Coatings
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