Purified Terephthalic Acid (PTA) Market Research Report- Forecast to 2023Posted by Avinash on December 13th, 2017 Purified Terephthalic Acid (PTA) is inert in nature, physically it is available in the form of a white crystalline powder. PTA is importantly used in the manufacture of polyester fibers and films. The raw material for PTA is paraxylene (PX). Commercial production route is by oxidation of PX to form terephthalic acid (TA) and later it is purified to produce PTA. The properties such as good electrical properties, insulation, resistant to chemicals and also resistant to harsh climate conditions. Major factors contributing to the growth of the Global Purified Terephthalic Acid (PTA) Market include increase in industrialization where PTA is used in the production of conveyor belts and meshing which are essential raw materials and other related materials in various industries, rising necessity for powder coatings produced from PTA which are solvent free and environmental friendly, and rising expenditure on food & beverages packaging where Purified Terephthalic Acid serves as a raw material to produce polyethylene terephthalate resin (PET). In addition, interest for PTA is anticipated to witness critical development over the appraisal time frame because of surging home furnishing industry. Increasing crude oil petroleum refining over the globe where PX is an end product in the oil business is expected to be an important driver for PTA Market amid the forecast time frame. PTA based polyester fibers are utilized as a part of numerous electrical protection applications. Electricity industry is at the chance to quickly increase the electricity reach over the globe, since almost one out of five people don't have power, is foreseen to be a key driver for the development of PTA in the evaluation time frame. Besides, fast urbanization combined with increasing disposable incomes in developing economies is anticipated to move the utilization of polyester fiber materials produced using PTA which is anticipated to be the driver for development of the market amid the appraisal time frame, 2017 to 2023. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4885 Competitive Analysis: Market Segmentation: Regional Analysis: Key Points from Table of Contents: 1 Executive Summary 2 Scope of the Report 3 Market Research Methodology 4 Market Landscape 5 Industry Overview of Global Purified Terephthalic Acid Market 6 Market Trends 7. Global Purified Terephthalic Acid Market by Application 8. Global Purified Terephthalic Acid Market by End Use Industry 9. Global Purified Terephthalic Acid Market by Region 10. Company Landscape 11. Company Profiles 11.1 Reliance Industries Limited 11.2 Alpek S.A.B. De C.V. 11.3 The Dow Chemical Company 11.4 E. I. Du Pont De Nemours And Company 11.5 BP P.L.C. 12. Conclusion About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: Like it? Share it!More by this author |