The Purified Terephthalic Acid (PTA) market size was USD 57.64 billion in 2024 and is expected to reach USD 83.22 billion by 2032, growing at a CAGR of 4.70% over the forecast period of 2025-2032.
Purified terephthalic acid market analysis indicates that the increasing demand for polyester fibers drives the market growth. Polyester fibers, the main application of PTA, are used in the textile industry in the production of a wide range of durable, crease-resistant, low-cost clothing, home furnishings, and other industrial fabrics.
Due to rising global populations, as well as increasing disposable incomes, particularly in emerging economies, the demand for textile products has risen rapidly, which, in turn, has led to an uptick in polyester demand. Furthermore, due to the strength, stretchiness, and ability of polyester to resist moisture better than cotton, it is preferred in many uses. With the rise of fast fashion, this need only increases, especially with the expansion of the global apparel industry itself.
The U.S. International Trade Commission (USITC) found that the importation of fine denier polyester staple fiber has risen significantly, causing the domestic industry to suffer serious injury. As a result, the USITC did recommend tariffs and tariff-rate quota measures to support domestic producers from what they then concluded was a surge of imports.
Drivers
Growth in automotive and electronics applications drives the market growth.
The increase in automotive and electronics applications is a major factor driving the growth of the purified terephthalic acid (PTA) market. PTA is a basic material for engineering plastics, e.g., polybutylene terephthalate (PBT) that is used in automotive components and electronic devices because of its high strength and toughness, thermal stability, and chemical resistance properties. These kinds of plastics are finding more applications in the automotive industry, it is more and more often replacing metals and glass as an automotive material to lower car weight, improve fuel economy, and assist in meeting strict emission standards. In the electronics sector, likewise, the materials derived from PTA are employed in connectors, housings, and insulating components, driving demand for miniaturisation, weight and volume reduction, and improved device reliability, and driving the purified terephthalic acid market growth.
According to the International Trade Administration (ITA), U.S. plastic material and product exports were USD 44.7 billion to the 20 U.S. Free Trade Agreement (FTA) partners in 2023. The high export volume highlights the importance of the U.S. in the worldwide plastics market, PTA, and derivatives. In an updated release of its 2024 Plastics Guide, ITA details U.S. export information of PTA in several applications, emphasizing the significance of PTA for the U.S.
Restrain
Trade tariffs and import restrictions may hamper the market growth.
The Purified Terephthalic Acid (PTA) market is experiencing a big difficulty with the aid of changing exchange tariffs and import restrictions. By applying tariffs on imports and exports, these trade barriers can hinder the smooth flow of PTA across borders and, in turn, can raise the cost of raw materials and end products. Tariffs tend to repeatedly increase the price of feedstocks or PTA products for manufacturers situated in countries that heavily source feedstock via imports- such increased costs are eventually passed down to consumers hurts demand at a macro level. Moreover, import restrictions can restrict PTA availability in specific regions, leading to supply shortages and production delays of downstream sectors such as textiles and packaging.
Opportunities
The growing PET recycling industry creates opportunities in the market.
The expanding PET recycling industry is a key opportunity for the purified terephthalic acid (PTA) market. With growing global environmental concerns and stringent regulations against plastic waste, recycling old PET end products is now becoming a high priority for the economic and ecological success of low low-landfill and low-carbon-footprint society. Specifically, rPET can be depolymerized to yield recycled PTA that may replace virgin PTA as a sustainable alternative. Not only does this align with the transition of the circular economy, but it also caters to the growing demand of consumers for sustainable and green products. In addition, new technologies in recycling have allowed for improved recycling efficiency and higher quality of recycled PTA, appealing to purified terephthalic acid companies in textiles, packaging, and other applications, and driving the purified terephthalic acid market trends.
In 2023, SK Chemicals also acquired a chemical recycling plant from Shuye Environmental Technology for 99 million to create 50,000 tons per year of PET that will be chemically recycled.
Additionally, Indorama Ventures has been increasing its recycling capacity in Brazil from 9,000 tons to 25,000 tons a year, showing that it is keen to ramp up rPET output to meet demand.
By Application
The polyester segment held the largest purified terephthalic acid market share, around 48%, in 2024. It is due to its large applications in the textile & apparel industry. Natural long long-lasting polyester fibers are manufactured from PTA because of good strength, resistance to creasing, and cost effectiveness, along with cleaning convenience compared to cotton and woolen fibers. This quality has made polyester the most popular synthetic fiber in the world. High consumption of polyester has also been driven by the increasing global demand for fast fashion and activewear, which are heavily made from polyester. Polyester is also used for home furnishings, industrial fabrics, and packaging materials.
Plasticizers held a significant purified terephthalic acid market share because they can be essential in improving the flexibility, toughness, and processability of plastics. Plasticizers are important in the production of polyvinyl chloride (PVC) in construction materials, automotive interiors, electrical cables, medical devices, and consumer goods. The global demand for flexible PVC products is on the rise due to the rapid pace of infrastructure development and urbanization taking place across the world, particularly across emerging economies, driving the demand for high-performance plasticizers.
By End User
Textile held the largest market share, around 42%, in 2024. It mostly relies on polyester fibers, which are primarily manufactured through PTA. Textiles Polyester is the most popular kind of artificial fibre in the textile business, appreciating its critical strength, elasticity, wrinkle-resistance, and affordable price. In addition, the rapid growth of the world population, accelerating urbanization, and expanding purchasing power of the middle classes have substantially fuelled demand for cheap and hard-wearing textiles, especially in developing economies like China, India, and Bangladesh. Additionally, with the growing popularity of fast fashion, an increased use of home textiles, such as curtains, bed linens, and other types of upholstery and other fabric supplies, polyester fibers are in more demand than ever and drive the purified terephthalic acid industry.
PET Bottles hold a significant market share in the purified terephthalic acid market owing to the increasing scope of bottle application in the packaging market, which includes use for drinks, personal care, household products, and other use cases. Polyethylene terephthalate (PET), which is known for its strength, clarity, lightweight nature, and excellent barrier properties, is a major end-use of PTA. Because of these attributes, PET bottles are used for packaging carbonated beverages, water, juices, and other consumable products. As the need for consumer-friendly, portable packaging solutions across the globe has driven the demand for PET bottles in urban areas, the consumption of these bottles has increased significantly.
Asia Pacific held the largest market share, around 42.22%, in 2024. It is owing to the development of the polyester industry, increasing industrialization, and, high demand from the packaging and textile industries in the region. China, India, and South Korea are some of the global centers for textile manufacturing whose polyester fibers and resins are primarily produced using PTA as feedstock. The availability of manufacturing infrastructure on a large scale, sufficient availability of raw material (especially paraxylene), and cheap labor make the region highly competitive for PTA production. The rising middle-class population in the Asia Pacific region is also propelling the demand for clothing, home textiles, PET bottles, and food packaging, which are some of the major end-use segments of PTA. In China, where PTA is now also produced, integrated PTA production has taken place not only to realize the economies of scale but also to reduce dependence on PTA imports.
In particular, China reported robust growth in its PTA production capacity, with large installations operational, including a facility by the Sinopec Yizheng Chemical Fiber Company with an annual capacity of 3 million tons expected to start in 2024. Also, the growth of PTA production and consumption has been boosted by the government initiatives like the 13th Five-Year Plan in China and the National Petrochemical Policy in India.
North America Purified Terephthalic Acid market held a significant market share and is the fastest-growing segment in the forecast period. It owing to the well-established packaging, textile, and automotive sectors, which are end-use markets for PTA-based products, such as polyethylene terephthalate (PET) and polyester fibers. Moreover, stable demand for PET bottles and containers from the food and beverage industry and rising consumption of lightweight and durable polyester materials for automotive parts and household goods also create lucrative growth avenues for market players in this region. Finally, the U.S. and Canada consist of an established supply chain, a basic set of advanced manufacturing technologies, and numerous producers who are key players within the PTA contest, which makes the availability of PC consistent.
U.S Purified Terephthalic Acid market size was USD 10.47 billion in 2024 and is expected to reach USD 16.60 billion by 2032 and grow at a CAGR of 5.92% over the forecast period of 2025-2032. It is owing to the established packaging sector, with a continuous requirement for a critical feedstock, PTA, due to demand for PET bottles and containers, primarily used in beverage, household, consumer, and personal care products. Further, polyester fibers and resins are consumed in huge volumes by the textile and automotive industries in the U.S., stimulating the demand for PTA, contributing to the industry's growth. Key local petrochemical players that have value-added production facilities in one complex represent a rational basis for PTA manufacturing, pure terephthalic acid as there is a cheap and domestic availability for PTA building blocks, including paraxylene.
Europe held a significant market share in the forecast period. It is owing to the high focus on sustainability, matched with established recycling infrastructure, coupled with well-established end-use industries such as packaging, automotive, and textiles. An increase in demand for eco-friendly packaging materials within this region has led to greater consumption of PTA, mostly for recycling PET (rPET) utilized in containers and bottles. The transition to PTA-based sustainable solutions has also been accelerated by European Union policies like the Circular Economy Action Plan and tough plastic recycling targets. Furthermore, polyester fibers based on PTA are used in the automotive and home textile markets in Europe and represent the main source of lightweight, high-performance materials. Strong production standards and significant investment in green technologies have continued to push PTA demand from regional players, who benefit from the proximity of leading global manufacturers.
British Petroleum (BP), Reliance Industries Limited, Sinopec Corporation, Indorama Ventures Public Company, SABIC, Alpek, Eastman Chemical Company, Indian Oil Corporation, Lotte Chemical Corporation, Mitsubishi Chemical Corporation.
In April 2024, Sinopec commissioned the largest PTA plant in the world with an annual capacity of 3 million tons in China. This includes short-process, smart-manufacturing, and green production technologies for the updated needs of clothing, food, housing, transportation, and environmental health.
In October 2023, GAIL bought a 1.25 million metric tons per annum (MMTPA) PTA plant from JBF Petrochemical Ltd, which will now be called GAIL Mangalore Petrochemicals Ltd. The move is an attempt by GAIL to bolster its petchem position in line with PTA's rising domestic demand, according to sources.
| Report Attributes | Details |
|---|---|
| Market Size in 2024 | USD 57.64 Billion |
| Market Size by 2032 | USD83.22 Billion |
| CAGR | CAGR of4.70% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Application (Polyester, (Fiber & Yarn Grade, Polybutylene terephthalate (PET) Grade, Film Grade), Polybutylene Terephthalate (PBT), Plasticizers, Others) • By End User (Textile, PET Bottles, Packaging, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | British Petroleum (BP), Reliance Industries Limited, Sinopec Corporation, Indorama Ventures Public Company, SABIC, Alpek, Eastman Chemical Company, Indian Oil Corporation, Lotte Chemical Corporation, Mitsubishi Chemical Corporation. |
Ans: The Purified Terephthalic Acid Market was valued at USD 57.64 billion in 2024.
Ans: The expected CAGR of the global Purified Terephthalic Acid Market during the forecast period is 4.70%
Ans: Textile will grow rapidly in the Purified Terephthalic Acid Market from 2025 to 2032.
Ans: Growth in automotive and electronics applications drives the market growth.
Ans: Asia Pacific led the Purified Terephthalic Acid Market in the region with the highest revenue share in 2024.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization by Country, By Type, 2024
5.2 Feedstock Prices by Country, and Type, 2024
5.3 Regulatory Impact by Country and By Type 2024.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives by Region
5.5 Innovation and R&D, Type, 2024
6. Competitive Landscape
6.1 List of Major Companies By Region
6.2 Market Share Analysis By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion Plans and New Product Launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Purified Terephthalic Acid Market Segmentation By Application
7.1 Chapter Overview
7.2 Polyester
7.2.1 Polyester Trend Analysis (2021-2032)
7.2.2 Polyester Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.3. Fiber & Yarn Grade
7.2.3.1 Fiber & Yarn Grade Trend Analysis (2021-2032)
7.2.3.2 Fiber & Yarn Grade Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.4. Polybutylene terephthalate (PET) Grade
7.2.4.1 Polybutylene terephthalate (PET) Grade Trend Analysis (2021-2032)
7.2.4.2 Polybutylene terephthalate (PET) Grade Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.5. Film Grade
7.2.5.1 Film Grade Trend Analysis (2021-2032)
7.2.5.2 Film Grade Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Polybutylene Terephthalate (PBT)
7.3.1 Polybutylene Terephthalate (PBT) Market Trends Analysis (2021-2032)
7.3.2 Polybutylene Terephthalate (PBT) Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Plasticizers
7.4.1 Plasticizers Market Trends Analysis (2021-2032)
7.4.2 Plasticizers Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Other
7.5.1 Other Market Trends Analysis (2021-2032)
7.5.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Purified Terephthalic Acid Market Segmentation by End User
8.1 Chapter Overview
8.2 Textile
8.2.1 Textile Market Trends Analysis (2021-2032)
8.2.2 Textile Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 PET Bottles
8.3.1 PET Bottles Market Trends Analysis (2021-2032)
8.3.2 PET Bottles Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Packaging
8.4.1 Packaging Market Trends Analysis (2021-2032)
8.4.2 Packaging Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Other
8.5.1 Other Market Trends Analysis (2021-2032)
8.5.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Purified Terephthalic Acid Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.2.3 North America Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.2.4 North America Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.2.5.2 USA Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.2.6.2 Canada Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.2.7.2 Mexico Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.3 Europe
9.3.1 Trends Analysis
9.3.2 Europe Purified Terephthalic Acid Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.3.3 Europe Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.4 Europe Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.3.5 Germany
9.3.5.1 Germany Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.5.2 Germany Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.3.6 France
9.3.6.1 France Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.6.2 France Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.3.7 UK
9.3.7.1 UK Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.7.2 UK Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.3.8 Italy
9.3.8.1 Italy Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.8.2 Italy Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.3.9 Spain
9.3.9.1 Spain Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.9.2 Spain Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.3.10 Poland
9.3.10.1 Poland Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.10.2 Poland Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.3.11 Turkey
9.3.11.1 Turkey Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.11.2 Turkey Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.3.12 Rest of Europe
9.3.12.1 Rest of Europe Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.3.12.2 Rest of Europe Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Purified Terephthalic Acid Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.4.3 Asia Pacific Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.4 Asia Pacific Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.5.2 China Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.5.2 India Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.5.2 Japan Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.6.2 South Korea Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.4.7 Singapore
9.4.7.1 Singapore Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.7.2 Singapore Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
8.4.8 Australia
8.4.8.1 Australia Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
8.4.8.2 Australia Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.4.9 Rest of Asia Pacific
9.4.9.1 Rest of Asia Pacific Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.4.9.2 Rest of Asia Pacific Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.5 Middle East & Africa
9.5.1 Trends Analysis
9.5.2 Middle East & Africa Purified Terephthalic Acid Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.5.3 Middle East & Africa Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5.4 Middle East & Africa Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.5.5 UAE
9.5.5.1 UAE Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5.5.2 UAE Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.5.6 Saudi Arabia
9.5.6.1 Saudi Arabia Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5.6.2 Saudi Arabia Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.5.7 Qatar
9.5.7.1 Qatar Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5.7.2 Qatar Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.5.8 South Africa
9.5.8.1 South Africa Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5.8.2 South Africa Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.5.9 Middle East & Africa
9.5.9.1 Middle East & Africa Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.5.9.2 Middle East & Africa Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Purified Terephthalic Acid Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.6.3 Latin America Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.6.4 Latin America Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.6.5.2 Brazil Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.6.6.2 Argentina Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
9.6.7 Rest of Latin America
9.6.7.1 Rest of Latin America Purified Terephthalic Acid Market Estimates and Forecasts, By Application (2021-2032) (USD Billion)
9.6.7.2 Rest of Latin America Purified Terephthalic Acid Market Estimates and Forecasts, By End User (2021-2032) (USD Billion)
10. Company Profiles
10.1 British Petroleum (BP)
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Product / Services Offered
10.1.4 SWOT Analysis
10.2 Reliance Industries Limited
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Product/ Services Offered
10.2.4 SWOT Analysis
10.3 Sinopec Corporation
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Product/ Services Offered
10.3.4 SWOT Analysis
10.4 Indorama Ventures Public Company
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Product/ Services Offered
10.4.4 SWOT Analysis
10.5 SABIC
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Product/ Services Offered
10.5.4 SWOT Analysis
10.6 Alpek
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Product/ Services Offered
10.6.4 SWOT Analysis
10.7 Eastman Chemical Company
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Product/ Services Offered
10.7.4 SWOT Analysis
10.8 Indian Oil Corporation
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Product/ Services Offered
10.8.4 SWOT Analysis
10.9 Lotte Chemical Corporation
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Product/ Services Offered
10.9.4 SWOT Analysis
10.10 Mitsubishi Chemical Corporation
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Product/ Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments
By Application
Polyester
Fiber & Yarn Grade
Polybutylene terephthalate (PET) Grade
Film Grade
Polybutylene Terephthalate (PBT)
Plasticizers
Others
By End User
Textile
PET Bottles
Packaging
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
