Product ID: UCMIG15E2243
Purified Terephthalic Acid Market Size, Share, Growth Analysis, By Application(PET resins, Polyester fiber), By End-use(Textile, Bottling & packaging), By Region(North America, Asia Pacific) - Industry Forecast 2024-2031
Report ID:
UCMIG15E2243 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Purified Terephthalic Acid Market Insights
Market Overview:
In 2016, the global purified terephthalic acid market was worth USD 57.21 billion. Polyester fibres are predicted to see increased utilisation due to their ability to combine with various natural and synthetic fibres over the forecast period. Polyester film utilisation in photographic films, memory tapes, & sheet material is predicted to expand due to its durability and dimensional stability.
Purified Terephthalic Acid Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Purified Terephthalic Acid Market Report Snapshots
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