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Terephthalic Acid-Global Market Insights and Sales Trends 2024
Synopsis
Terephthalic Acid is an organic compound with formula C6H4(CO2H)2. This white solid is a commodity chemical, used principally as a precursor to the polyester PET.
The global Terephthalic Acid market size is expected to reach US$ 51 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029. The market is mainly driven by the significant applications of Terephthalic Acid in various end use industries. The expanding demands from the Packaging, Fibers, Paints & Coatings and Adhesives, are propelling Terephthalic Acid market. Polyethylene Terephthalate (PET), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polybutylene Terephthalate (PBT) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Terephthalic Acid market, driven by demand from China, the second largest economy with some signs of stabilising, the Terephthalic Acid market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Terephthalic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Terephthalic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Terephthalic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Terephthalic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Terephthalic Acid covered in this report include BP, China Petroleum & Chemical, Eastman Chemical, Formosa Petrochemical, Indian Oil, Indorama Ventures, Lotte Chemical, MCPI and Mitsubishi Chemical, etc.
The global Terephthalic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BP
China Petroleum & Chemical
Eastman Chemical
Formosa Petrochemical
Indian Oil
Indorama Ventures
Lotte Chemical
MCPI
Mitsubishi Chemical
Mitsui Chemicals
PetroChina
Reliance Industries
SABIC
Samyang Holdings
SIBUR
Global Terephthalic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Terephthalic Acid market, Segment by Type:
Polyethylene Terephthalate (PET)
Polybutylene Terephthalate (PBT)
Polytrimethylene Terephthalate (PTT)
Dimethyl Terephthalate
Others
Global Terephthalic Acid market, by Application
Packaging
Fibers
Paints & Coatings
Adhesives
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Terephthalic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Terephthalic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Terephthalic Acid is an organic compound with formula C6H4(CO2H)2. This white solid is a commodity chemical, used principally as a precursor to the polyester PET.
The global Terephthalic Acid market size is expected to reach US$ 51 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029. The market is mainly driven by the significant applications of Terephthalic Acid in various end use industries. The expanding demands from the Packaging, Fibers, Paints & Coatings and Adhesives, are propelling Terephthalic Acid market. Polyethylene Terephthalate (PET), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polybutylene Terephthalate (PBT) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Terephthalic Acid market, driven by demand from China, the second largest economy with some signs of stabilising, the Terephthalic Acid market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Terephthalic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Terephthalic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Terephthalic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Terephthalic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Terephthalic Acid covered in this report include BP, China Petroleum & Chemical, Eastman Chemical, Formosa Petrochemical, Indian Oil, Indorama Ventures, Lotte Chemical, MCPI and Mitsubishi Chemical, etc.
The global Terephthalic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BP
China Petroleum & Chemical
Eastman Chemical
Formosa Petrochemical
Indian Oil
Indorama Ventures
Lotte Chemical
MCPI
Mitsubishi Chemical
Mitsui Chemicals
PetroChina
Reliance Industries
SABIC
Samyang Holdings
SIBUR
Global Terephthalic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Terephthalic Acid market, Segment by Type:
Polyethylene Terephthalate (PET)
Polybutylene Terephthalate (PBT)
Polytrimethylene Terephthalate (PTT)
Dimethyl Terephthalate
Others
Global Terephthalic Acid market, by Application
Packaging
Fibers
Paints & Coatings
Adhesives
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Terephthalic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Terephthalic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Terephthalic Acid Market Overview
1.1 Terephthalic Acid Product Overview
1.2 Terephthalic Acid Market Segment by Type
1.2.1 Polyethylene Terephthalate (PET)
1.2.2 Polybutylene Terephthalate (PBT)
1.2.3 Polytrimethylene Terephthalate (PTT)
1.2.4 Dimethyl Terephthalate
1.2.5 Others
1.3 Global Terephthalic Acid Market Size by Type
1.3.1 Global Terephthalic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Terephthalic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Terephthalic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Terephthalic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Terephthalic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Terephthalic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Terephthalic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Terephthalic Acid Sales Breakdown by Type (2018-2023)
2 Global Terephthalic Acid Market Competition by Company
2.1 Global Top Players by Terephthalic Acid Sales (2018-2023)
2.2 Global Top Players by Terephthalic Acid Revenue (2018-2023)
2.3 Global Top Players by Terephthalic Acid Price (2018-2023)
2.4 Global Top Manufacturers Terephthalic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Terephthalic Acid Market Competitive Situation and Trends
2.5.1 Terephthalic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Terephthalic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Terephthalic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Terephthalic Acid Market
2.8 Key Manufacturers Terephthalic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Terephthalic Acid Status and Outlook by Region
3.1 Global Terephthalic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Terephthalic Acid Historic Market Size by Region
3.2.1 Global Terephthalic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Terephthalic Acid Sales in Value by Region (2018-2023)
3.2.3 Global Terephthalic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Terephthalic Acid Forecasted Market Size by Region
3.3.1 Global Terephthalic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Terephthalic Acid Sales in Value by Region (2024-2029)
3.3.3 Global Terephthalic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Terephthalic Acid by Application
4.1 Terephthalic Acid Market Segment by Application
4.1.1 Packaging
4.1.2 Fibers
4.1.3 Paints & Coatings
4.1.4 Adhesives
4.1.5 Others
4.2 Global Terephthalic Acid Market Size by Application
4.2.1 Global Terephthalic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Terephthalic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Terephthalic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Terephthalic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Terephthalic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Terephthalic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Terephthalic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Terephthalic Acid Sales Breakdown by Application (2018-2023)
5 North America Terephthalic Acid by Country
5.1 North America Terephthalic Acid Historic Market Size by Country
5.1.1 North America Terephthalic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Terephthalic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Terephthalic Acid Sales in Value by Country (2018-2023)
5.2 North America Terephthalic Acid Forecasted Market Size by Country
5.2.1 North America Terephthalic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Terephthalic Acid Sales in Value by Country (2024-2029)
6 Europe Terephthalic Acid by Country
6.1 Europe Terephthalic Acid Historic Market Size by Country
6.1.1 Europe Terephthalic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Terephthalic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Terephthalic Acid Sales in Value by Country (2018-2023)
6.2 Europe Terephthalic Acid Forecasted Market Size by Country
6.2.1 Europe Terephthalic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Terephthalic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Terephthalic Acid by Region
7.1 Asia-Pacific Terephthalic Acid Historic Market Size by Region
7.1.1 Asia-Pacific Terephthalic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Terephthalic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Terephthalic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Terephthalic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Terephthalic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Terephthalic Acid Sales in Value by Region (2024-2029)
8 Latin America Terephthalic Acid by Country
8.1 Latin America Terephthalic Acid Historic Market Size by Country
8.1.1 Latin America Terephthalic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Terephthalic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Terephthalic Acid Sales in Value by Country (2018-2023)
8.2 Latin America Terephthalic Acid Forecasted Market Size by Country
8.2.1 Latin America Terephthalic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Terephthalic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Terephthalic Acid by Country
9.1 Middle East and Africa Terephthalic Acid Historic Market Size by Country
9.1.1 Middle East and Africa Terephthalic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Terephthalic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Terephthalic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Terephthalic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Terephthalic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Terephthalic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BP
10.1.1 BP Company Information
10.1.2 BP Introduction and Business Overview
10.1.3 BP Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BP Terephthalic Acid Products Offered
10.1.5 BP Recent Development
10.2 China Petroleum & Chemical
10.2.1 China Petroleum & Chemical Company Information
10.2.2 China Petroleum & Chemical Introduction and Business Overview
10.2.3 China Petroleum & Chemical Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 China Petroleum & Chemical Terephthalic Acid Products Offered
10.2.5 China Petroleum & Chemical Recent Development
10.3 Eastman Chemical
10.3.1 Eastman Chemical Company Information
10.3.2 Eastman Chemical Introduction and Business Overview
10.3.3 Eastman Chemical Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Eastman Chemical Terephthalic Acid Products Offered
10.3.5 Eastman Chemical Recent Development
10.4 Formosa Petrochemical
10.4.1 Formosa Petrochemical Company Information
10.4.2 Formosa Petrochemical Introduction and Business Overview
10.4.3 Formosa Petrochemical Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Formosa Petrochemical Terephthalic Acid Products Offered
10.4.5 Formosa Petrochemical Recent Development
10.5 Indian Oil
10.5.1 Indian Oil Company Information
10.5.2 Indian Oil Introduction and Business Overview
10.5.3 Indian Oil Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Indian Oil Terephthalic Acid Products Offered
10.5.5 Indian Oil Recent Development
10.6 Indorama Ventures
10.6.1 Indorama Ventures Company Information
10.6.2 Indorama Ventures Introduction and Business Overview
10.6.3 Indorama Ventures Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Indorama Ventures Terephthalic Acid Products Offered
10.6.5 Indorama Ventures Recent Development
10.7 Lotte Chemical
10.7.1 Lotte Chemical Company Information
10.7.2 Lotte Chemical Introduction and Business Overview
10.7.3 Lotte Chemical Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Lotte Chemical Terephthalic Acid Products Offered
10.7.5 Lotte Chemical Recent Development
10.8 MCPI
10.8.1 MCPI Company Information
10.8.2 MCPI Introduction and Business Overview
10.8.3 MCPI Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.8.4 MCPI Terephthalic Acid Products Offered
10.8.5 MCPI Recent Development
10.9 Mitsubishi Chemical
10.9.1 Mitsubishi Chemical Company Information
10.9.2 Mitsubishi Chemical Introduction and Business Overview
10.9.3 Mitsubishi Chemical Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Mitsubishi Chemical Terephthalic Acid Products Offered
10.9.5 Mitsubishi Chemical Recent Development
10.10 Mitsui Chemicals
10.10.1 Mitsui Chemicals Company Information
10.10.2 Mitsui Chemicals Introduction and Business Overview
10.10.3 Mitsui Chemicals Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Mitsui Chemicals Terephthalic Acid Products Offered
10.10.5 Mitsui Chemicals Recent Development
10.11 PetroChina
10.11.1 PetroChina Company Information
10.11.2 PetroChina Introduction and Business Overview
10.11.3 PetroChina Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.11.4 PetroChina Terephthalic Acid Products Offered
10.11.5 PetroChina Recent Development
10.12 Reliance Industries
10.12.1 Reliance Industries Company Information
10.12.2 Reliance Industries Introduction and Business Overview
10.12.3 Reliance Industries Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Reliance Industries Terephthalic Acid Products Offered
10.12.5 Reliance Industries Recent Development
10.13 SABIC
10.13.1 SABIC Company Information
10.13.2 SABIC Introduction and Business Overview
10.13.3 SABIC Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.13.4 SABIC Terephthalic Acid Products Offered
10.13.5 SABIC Recent Development
10.14 Samyang Holdings
10.14.1 Samyang Holdings Company Information
10.14.2 Samyang Holdings Introduction and Business Overview
10.14.3 Samyang Holdings Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Samyang Holdings Terephthalic Acid Products Offered
10.14.5 Samyang Holdings Recent Development
10.15 SIBUR
10.15.1 SIBUR Company Information
10.15.2 SIBUR Introduction and Business Overview
10.15.3 SIBUR Terephthalic Acid Sales, Revenue and Gross Margin (2018-2023)
10.15.4 SIBUR Terephthalic Acid Products Offered
10.15.5 SIBUR Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Terephthalic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Terephthalic Acid Industrial Chain Analysis
11.4 Terephthalic Acid Market Dynamics
11.4.1 Terephthalic Acid Industry Trends
11.4.2 Terephthalic Acid Market Drivers
11.4.3 Terephthalic Acid Market Challenges
11.4.4 Terephthalic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Terephthalic Acid Distributors
12.3 Terephthalic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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