Terephthalic Acid Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_00131078
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Market Snapshot

CAGR:7.18
2023
2032

Source: Market Expertz

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Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 7.18
Chemicals and Advanced Materials-companies
Chemicals and Advanced Materials-Snapshot

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Report Overview

The ‘Terephthalic Acid Market’ Report published by Market Expertz gives a detailed analysis of the significant growth trends seen in the industry. The report also includes valuable information pertaining to the growth of the industry, market dynamics, profit margin, market share assessment, gross revenue, and market estimations for the business vertical for the years 2020 to 2026. The study also traces the competitive scenario in the global market to highlight the prominent players in the industry that control a sizable portion of the total market share, along with their product portfolio and prevalent expansion strategies.

In this report, the global Terephthalic Acid market is valued at USD 52 billion in 2019 and is expected to reach around USD 82 billion by the end of 2027, growing at a CAGR of around 6% between 2019 and 2027.

The Terephthalic Acid market study investigates the business sphere and includes scrutiny of the essential aspects that are expected to influence the market outlook. The report consists of key data related to revenue generation, current market scenario, market share, product range, market size, and profit margin estimated for the forecast period.

The report acts as an exhaustive summary of the estimated growth of the market through the forecast years. The industry-wide assessment entails a study of the key market factors that could potentially impact the growth of the market and also projects the growth pattern that the market is expected to exhibit in the forecast duration. The report sheds light on the challenges and hurdles that market players will face in the Terephthalic Acid market in the coming years, underlining the growth prospects prevalent in the market that are speculated to impact the industry trends.

 

LEADING PLAYERS

The report gives an in-depth assessment of the top companies functioning in the global sector and controlling a sizable portion of the overall market. This section also breaks down the expansion tactics adopted by these companies, along with a detailed assessment of their strategic initiatives by highlighting recent deals, mergers & acquisitions, joint ventures, collaborations, product launches, and technological upgradation. The report creates elaborate company profiles of all leading companies to provide the readers with all relevant data on the competitive landscape, enabling them to capitalize on existing and emerging growth prospects by taking well-informed decisions.

Highlights from the competitive outlook of the Terephthalic Acid market:

Companies engaged in the industry:

Sinopec Corporation, British Petroleum, SABIC, Reliance Industries Limited, Eastman Chemical Company, Indorama Ventures Public Company, Indian Oil Corporation, JBF Petrochemicals, Mitsubishi Chemical Corporation, and Lotte Chemical Corporation

                                                                                                

Critical parameters assessed as part of the competitive landscape in the report:

  • Gross Revenue
  • Profit margins
  • Product sales trends
  • Industry analysis of each company
  • Overview of the organization
  • Product pricing
  • Company profiles
  • Sales and distribution channels

An extensive analysis of the Terephthalic Acid market with regards to the product landscape and application spectrum:

Manufacturing Process landscape:

Amoco Process, Cooxidation, Multistage Oxidation, Henkel Process

                    

Derivative landscape:

Polybutylene Terephthalate (PBT), Dimethyl Terephthalate, Polyethylene Terephthalate (PET), Polytrimethylene Terephthalate (PTT)

End use landscape:

Packaging, Electrical and Electronics, Construction, Paints and Coatings, Textiles

Information offered in the report:

  • Anticipated returns to be recorded by each of the application listed in the report
  • Market share accounted by every application segment over the analysis period
  • Growth rate projected for all the application segments for the coming years

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Regional outlook of the Terephthalic Acid market:

The Global Terephthalic Acid Market has been segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

An overview of the information included in the report relating to the geographical indicators:

  • Data related to the consumption rate in each region
  • Expected rise in the consumption rate in all regions over the forecast period
  • Projected growth in market share of every region studied in the report
  • Regional contribution and revenue generation by all geographies
  • Anticipated growth rate over the projected duration for every region

Key highlights of the Terephthalic Acid market report:

  • Regional demand estimation and forecast
  • Pre-commodity pricing volatility
  • Technological updates analysis
  • Location Quotients Analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Product Mix Matrix
  • Vendor Management
  • Cost Benefit Analysis
  • Supply chain optimization analysis
  • Patent Analysis
  • Carbon Footprint Analysis
  • R & D Analysis
  • Mergers and Acquisitions

Other essential aspects of the report:

  • The study encompasses details about critical parameters that are expected to influence the growth of the market in the future.
  • It further discusses the driving factors and explains their impact on the profit generation of this sector.
  • The study includes information pertaining to the challenges that the market could potentially encounter over the anticipated timeline and its impact on the market space.

TABLE OF CONTENTS: GLOBAL TEREPHTHALIC ACID MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. TEREPHTHALIC ACID MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Terephthalic Acid Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

    4.5.1. Power Of Suppliers

    4.5.2. Power Of Buyers

    4.5.3. Threat Of Substitutes

    4.5.4. Threat Of New Entrants

    4.5.5. Competitive Rivalry

Chapter 5. TEREPHTHALIC ACID MARKET BY Manufacturing Process INSIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2. Amoco Process

    5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3. Cooxidation

    5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.4. Multistage Oxidation

    5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.5. Henkel Process

    5.5.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.5.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. TEREPHTHALIC ACID MARKET BY Derivative INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2. Polybutylene Terephthalate (PBT)

    6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3. Dimethyl Terephthalate

    6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.4. Polyethylene Terephthalate (PET)

    6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.5. Polytrimethylene Terephthalate (PTT)

    6.5.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.5.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. TEREPHTHALIC ACID MARKET REGIONAL OUTLOOK

7.1. Terephthalic Acid Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

    7.2.1. North America Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.2. North America Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.3. North America Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.4. North America Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

    7.2.5.1. U.S. Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.5.2. U.S. Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.5.3. U.S. Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.5.4. U.S. Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

    7.2.6.1. Canada Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.6.2. Canada Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.6.3. Canada Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.6.4. Canada Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

    7.3.1. Europe Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.2. Europe Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.3. Europe Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.4. Europe Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

    7.3.5.1. Germany Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.5.2. Germany Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.5.3. Germany Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.5.4. Germany Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

    7.3.6.1. France Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.6.2. France Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.6.3. France Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.6.4. France Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

    7.3.7.1. U.K. Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.7.2. U.K. Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.7.3. U.K. Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.7.4. U.K. Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

    7.4.1. Asia Pacific Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.2. Asia Pacific Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.3. Asia Pacific Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.4. Asia Pacific Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

 7.4.5. CHINA

     7.4.5.1. China Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.5.2. China Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.5.3. China Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.5.4. China Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

     7.4.6.1. India Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.6.2. India Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.6.3. India Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.6.4. India Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

     7.4.7.1. Japan Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.7.2. Japan Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.7.3. Japan Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.7.4. Japan Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

    7.4.8.1. Australia Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.8.2. Australia Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.8.3. Australia Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.8.4. Australia Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

    7.5.1. Mea Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.5.2. Mea Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.5.3. Mea Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.5.4. Mea Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

     7.6.1. Latin America Terephthalic Acid Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.6.2. Latin America Terephthalic Acid Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.6.3. Latin America Terephthalic Acid Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.6.4. Latin America Terephthalic Acid Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

    7.6.5. Latin America Terephthalic Acid Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

    8.2.1. New Product Launches

    8.2.2. Investment & Expansion

    8.2.3. Acquisitions

    8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

     8.3.1. North American Suppliers

     8.3.2. European Suppliers

     8.3.3. Asia-Pacific Suppliers

     8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1. Sinopec Corporation

    9.1.1. Company Overview

    9.1.2. Financial Performance

    9.1.3. Product Insights

    9.1.4. Strategic Initiatives

9.2. British Petroleum

    9.2.1. Company Overview

    9.2.2. Financial Performance

    9.2.3. Product Insights

    9.2.4. Strategic Initiatives

9.3. SABIC

    9.3.1. Company Overview

    9.3.2. Financial Performance

    9.3.3. Product Insights

    9.3.4. Strategic Initiatives

9.4. Reliance Industries Limited

    9.4.1. Company Overview

    9.4.2. Financial Performance

    9.4.3. Product Insights

    9.4.4. Strategic Initiatives

9.5. Eastman Chemical Company

    9.5.1. Company Overview

    9.5.2. Financial Performance

    9.5.3. Product Insights

    9.5.4. Strategic Initiatives

9.6. Indorama Ventures Public Company

    9.6.1. Company Overview

    9.6.2. Financial Performance

    9.6.3. Product Insights

    9.6.4. Strategic Initiatives

9.7. Indian Oil Corporation

    9.7.1. Company Overview

    9.7.2. Financial Performance

    9.7.3. Product Insights

    9.7.4. Strategic Initiatives

9.8. JBF Petrochemicals

    9.8.1. Company Overview

    9.8.2. Financial Performance

    9.8.3. Product Insights

    9.8.4. Strategic Initiatives

9.9. Mitsubishi Chemical Corporation

    9.9.1. Company Overview

    9.9.2. Financial Performance

    9.9.3. Product Insights

    9.9.4. Strategic Initiatives

9.10. Lotte Chemical Corporation

    9.10.1. Company Overview

    9.10.2. Financial Performance

    9.10.3. Product Insights

    9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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