Market Overview: The global purified terephthalic acid (PTA) market size reached US$ 87.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 119.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.19% during 2023-2028. Purified terephthalic acid (PTA) is an organic compound produced by a reaction between the secondary petroleum product paraxylene (PX) and acetic acid. It is widely utilized in the manufacturing of man-made polyester fabrics, which find extensive usage in sportswear, swimsuits, dresses, trousers, curtains, sofa covers, jackets, car seat covers, and bedsheets. In addition to this, as it exhibits excellent weathering, hardness, flexibility, chemical and stain resistance, and powder flow and fluidization characteristics, PTA is gaining traction across the globe for formulating general metal, appliance, industrial maintenance, and coil coatings. Purified Terephthalic Acid (PTA) Market Trends: The boosting sales of on-the-go bottled beverages on account of the hectic lifestyles of working professionals, inflating per capita income, rapid urbanization, and changing consumption patterns of individuals represent one of the key factors impelling the market growth. Apart from this, PTA is used in the manufacturing of light-colored, high-strength, and solvent-free adhesives, which find extensive applications to bond metal, wood, paper, and synthetics in shoe fabrication, lamination, and automotive sub-assembly. It is further utilized in the production of recording tapes, tire cord, cyclohexanedimethanol (CHDM), terephthaloyl chloride (TCL), co-polyester-ether elastomers, plasticizers, and liquid crystal. Moreover, PTA is employed in the pharmaceutical industry as a raw material for several drugs that help treat chronic and acute diseases, such as peptic ulcers, reflux esophagitis and gastroesophageal reflux disease (GERD). This, in confluence with the escalating need for prescribed drugs due to the increasing prevalence of chronic medical ailments, is contributing to the market growth. Besides this, several leading players operating in the market are focusing on collaborations and partnerships with other organizations to reduce costs and improve product quality, which is anticipated to drive the market. Key Market Segmentation: IMARC Group provides an analysis of the key trends in each sub-segment of the global purified terephthalic acid (PTA) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on application and end user. Breakup by Application: Polyester Fiber and Yarn Grade Polybutylene Terephthalate (PET) Grade Film Grade Polybutylene Terephthalate (PBT) Plasticizers Others Breakup by End User: Textile Bottling and Packaging Home Furnishing Others Breakup by Region: North America United States Canada Asia-Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players being Alpek S.A.B. de C.V., Eastman Chemical Company, Far Eastern New Century Corporation, Formosa Chemicals & Fibre Corp., HANWA Co. Ltd., Indian Oil Corporation Limited, Indorama Ventures Public Company Limited, Jiangyin Chengxing Industrial Group Co. Ltd., LOTTE Chemical Corporation, Mitsubishi Chemical Corporation, Reliance Industries Limited, Saudi Basic Industries Corporation (Saudi Arabian Oil Co.) and Sinopec. Key Questions Answered in This Report 1. How big is the global Purified Terephthalic Acid (PTA) market? 2. What is the expected growth rate of the global Purified Terephthalic Acid (PTA) market during 2023-2028? 3. What are the key factors driving the global Purified Terephthalic Acid (PTA) market? 4. What has been the impact of COVID-19 on the global Purified Terephthalic Acid (PTA) market? 5. What is the breakup of the global Purified Terephthalic Acid (PTA) market based on the application? 6. What is the breakup of the global Purified Terephthalic Acid (PTA) market based on the end user? 7. What are the key regions in the global Purified Terephthalic Acid (PTA) market? 8. Who are the key players/companies in the global Purified Terephthalic Acid (PTA) market?

1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Purified Terephthalic Acid (PTA) Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Application 6.1 Polyester 6.1.1 Market Trends 6.1.2 Key Segments 6.1.2.1 Fiber and Yarn Grade 6.1.2.2 Polybutylene Terephthalate (PET) Grade 6.1.2.3 Film Grade 6.1.3 Market Forecast 6.2 Polybutylene Terephthalate (PBT) 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Plasticizers 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Others 6.4.1 Market Trends 6.4.2 Market Forecast 7 Market Breakup by End User 7.1 Textile 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Bottling and Packaging 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Home Furnishing 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Others 7.4.1 Market Trends 7.4.2 Market Forecast 8 Market Breakup by Region 8.1 North America 8.1.1 United States 8.1.1.1 Market Trends 8.1.1.2 Market Forecast 8.1.2 Canada 8.1.2.1 Market Trends 8.1.2.2 Market Forecast 8.2 Asia-Pacific 8.2.1 China 8.2.1.1 Market Trends 8.2.1.2 Market Forecast 8.2.2 Japan 8.2.2.1 Market Trends 8.2.2.2 Market Forecast 8.2.3 India 8.2.3.1 Market Trends 8.2.3.2 Market Forecast 8.2.4 South Korea 8.2.4.1 Market Trends 8.2.4.2 Market Forecast 8.2.5 Australia 8.2.5.1 Market Trends 8.2.5.2 Market Forecast 8.2.6 Indonesia 8.2.6.1 Market Trends 8.2.6.2 Market Forecast 8.2.7 Others 8.2.7.1 Market Trends 8.2.7.2 Market Forecast 8.3 Europe 8.3.1 Germany 8.3.1.1 Market Trends 8.3.1.2 Market Forecast 8.3.2 France 8.3.2.1 Market Trends 8.3.2.2 Market Forecast 8.3.3 United Kingdom 8.3.3.1 Market Trends 8.3.3.2 Market Forecast 8.3.4 Italy 8.3.4.1 Market Trends 8.3.4.2 Market Forecast 8.3.5 Spain 8.3.5.1 Market Trends 8.3.5.2 Market Forecast 8.3.6 Russia 8.3.6.1 Market Trends 8.3.6.2 Market Forecast 8.3.7 Others 8.3.7.1 Market Trends 8.3.7.2 Market Forecast 8.4 Latin America 8.4.1 Brazil 8.4.1.1 Market Trends 8.4.1.2 Market Forecast 8.4.2 Mexico 8.4.2.1 Market Trends 8.4.2.2 Market Forecast 8.4.3 Others 8.4.3.1 Market Trends 8.4.3.2 Market Forecast 8.5 Middle East and Africa 8.5.1 Market Trends 8.5.2 Market Breakup by Country 8.5.3 Market Forecast 9 SWOT Analysis 9.1 Overview 9.2 Strengths 9.3 Weaknesses 9.4 Opportunities 9.5 Threats 10 Value Chain Analysis 11 Porters Five Forces Analysis 11.1 Overview 11.2 Bargaining Power of Buyers 11.3 Bargaining Power of Suppliers 11.4 Degree of Competition 11.5 Threat of New Entrants 11.6 Threat of Substitutes 12 Price Analysis 13 Competitive Landscape 13.1 Market Structure 13.2 Key Players 13.3 Profiles of Key Players 13.3.1 Alpek S.A.B. de C.V 13.3.1.1 Company Overview 13.3.1.2 Product Portfolio 13.3.1.3 Financials 13.3.2 Eastman Chemical Company 13.3.2.1 Company Overview 13.3.2.2 Product Portfolio 13.3.2.3 Financials 13.3.2.4 SWOT Analysis 13.3.3 Far Eastern New Century Corporation 13.3.3.1 Company Overview 13.3.3.2 Product Portfolio 13.3.3.3 Financials 13.3.4 Formosa Chemicals & Fibre Corp 13.3.4.1 Company Overview 13.3.4.2 Product Portfolio 13.3.4.3 Financials 13.3.4.4 SWOT Analysis 13.3.5 HANWA Co. Ltd 13.3.5.1 Company Overview 13.3.5.2 Product Portfolio 13.3.5.3 Financials 13.3.6 Indian Oil Corporation Limited 13.3.6.1 Company Overview 13.3.6.2 Product Portfolio 13.3.6.3 Financials 13.3.6.4 SWOT Analysis 13.3.7 Indorama Ventures Public Company Limited 13.3.7.1 Company Overview 13.3.7.2 Product Portfolio 13.3.7.3 Financials 13.3.8 Jiangyin Chengxing Industrial Group Co. Ltd 13.3.8.1 Company Overview 13.3.8.2 Product Portfolio 13.3.9 LOTTE Chemical Corporation 13.3.9.1 Company Overview 13.3.9.2 Product Portfolio 13.3.9.3 Financials 13.3.9.4 SWOT Analysis 13.3.10 Mitsubishi Chemical Corporation 13.3.10.1 Company Overview 13.3.10.2 Product Portfolio 13.3.10.3 Financials 13.3.10.4 SWOT Analysis 13.3.11 Reliance Industries Limited 13.3.11.1 Company Overview 13.3.11.2 Product Portfolio 13.3.11.3 Financials 13.3.11.4 SWOT Analysis 13.3.12 Saudi Basic Industries Corporation (Saudi Arabian Oil Co.) 13.3.12.1 Company Overview 13.3.12.2 Product Portfolio 13.3.12.3 Financials 13.3.12.4 SWOT Analysis 13.3.13 Sinopec 13.3.13.1 Company Overview 13.3.13.2 Product Portfolio 13.3.13.3 Financials 13.3.13.4 SWOT Analysis