Purified Terephthalic Acid (PTA) Market Size & Share, by Type (Ortho-xylene-based, Para-xylene-based), End User (Textile, Packaging, Automotive) - Global Supply & Demand Analysis & Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5588
  • Published Date: Jan 31, 2024
  • Report Format: PDF, PPT

Companies Dominating the Purified Terephthalic Acid (PTA) Market

    • Reliance Industries Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Sinopec Group
    • Indorama Ventures Public Company Limited
    • China National Petroleum Corporation
    • Mitsubishi Chemical Corporation
    • Eastman Chemical Company
    • Jiangsu Sanfangxiang Group Co., Ltd.
    • Formosa Plastics Corporation
    • SABIC (Saudi Basic Industries Corporation)
    • DakAmericas, LLC

Browse Key Market Insights with Data Illustration:


In The News

  • Sinopec Group, through its subsidiary Sinopec International (China) Petroleum Services Company Ltd., acquired a 35% stake in Zhenhua Oil, a leading Chinese oilfield services provider. This acquisition strengthens Sinopec's upstream operations and expands its presence in the oilfield services market.
  • Sinopec and Saudi Aramco established a joint venture to develop, own, and operate fuel storage and distribution facilities in China. This partnership leverages Sinopec's extensive domestic network with Aramco's global expertise, aiming to enhance fuel security and supply in China.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 5588
  • Published Date: Jan 31, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for automotive sector is the major factor driving the market growth.

The market size of purified terephthalic acid is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2024-2036.

The major players in the market Reliance Industries Limited, Sinopec Group, Indorama Ventures Public Company Limited, China National Petroleum Corporation (CNPC), Mitsubishi Chemical Corporation, and others.

The automotive segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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