Global Terephthalic Acid (PTA) Market Study 2014 - 2030

Global Terephthalic Acid (PTA) Market Study 2014 - 2030

Executive Summary : -

The global demand for PTA from polyesters has grown at an annual average of slightly more than 5% since 2005. Historically, The PTA market has exhibited high growth and strong investment before the economic crisis from 2005 - 2008. Most of the new projects were in China due to removal of tarrifs by the WTO which caused an oversupply situation. The strong demand growth and low operating rates were not able to offset the increase supply due to increase in number of producers.

The main growth driver is the polyester fibres; the bulk of this is now produced in China. In Western Europe and North America, PET packaging resin is the major driver for PTA growth. On a global scale, Asia-Pacific accounts for the largest Producing and Consuming region. PTA has historically witnessed fast growth owing to versatility, cost 2-3 time lesser than Nylon, performance and comfort.

Purified Terephthalic Acid (PTA) is an organic compound which is primarily consumed in the production of linear, saturated polyester resins and is produced from paraxylene (PX); end product of crude oil. The fluctuating prices of crude oil and increasing environmental impact of paraxylene are some of the restraining factors for the PTA market.

PTA exhibits excellent properties such as chemical and stain resistance, hardness, flexibility, glass transition temperature range and weathering. Some of the eminent drivers for the growth of PTA market include rapid industrialization, rising demand of solvent free and environmental friendly powder coatings and in food & beverages packaging. Asia-Pacific and Middle East and Africa are estimated to be the leading regions owing to expanding food & beverage industries and rapid industrialization. North America, Europe and Latin America have been estimated to witness sluggish PTA demand for PET resin segment as these regions are focusing on developing new methods for recycling the existing waste PET bottles.

Historically China has had four companies Petrochina, Sinopec Shangahai Petrochemical, Yangzi petrochemical and Yizheng chemicals fiber and together they accounted for majority of the PTA production capacity before 2000. There was a change in this scenario after 2000 as series of new plants were constructed by the upstream business, government incentives and foreign direct investements (FDI) resulting in a sharp growth in the name plate production capacity. Most of the bigger players in the region are of Sinopec affiliates.

Scope of Report 

The Terephthalic Acid (PTA) report describes the global Terephthalic Acid (PTA) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Applications
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Terephthalic Acid (PTA) Market data in terms of volume and value for each end-use 
   at regional and country level
•  Terephthalic Acid (PTA) Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1. Introduction
2. Terms & Conditions of Use
3. Explanatory Notes
              •  Market Coverage
                  -  Applications
                  -  Regions
                  -  Countries
              •  Years Considered
                  -  Historical  - ( 2014 – 2018)
                  -  Base - (2019)
                  -  Mid-Term - (2020 – 2025)
                  -  Long-Term - (2020 – 2030)
              •  Abbreviations & Definitions
              •  Conversion Factors
              •  Data Sources
4. Market Synopsis 
              •  Market Evolution
              •  Demand Overview
              •  Industry Structure
              •  Strategic Issues
              •  End-use Trends
              •  Growth Forecast
5. Global Economic Outlook
              •  GDP and Demographics
              •  Monetary & Fiscal Policies
6. Energy Outlook
              •  Crude Oil
              •  Natural Gas
              •  Electricity Prices
7. End-use Sector Performance
               •  Textiles
               •  Packaging
               •  Electrical & Electronics
               •  Automotives
               •  Others
8. Introduction to Terephthalic Acid and Market Overview 
              •  Product Description
              •  Grades & Properties
              •  Raw Material
              •  Manufacturing Process
              •  Environmental Issues
              •  Value Chain
              •  Applications
9. Market Dynamics and Industry Trends 
              •  Market Dynamics
                  -  Drivers
                  -  Restraints
                  -  Opportunities
                  -  Challenges
              •  Industry Structure
              •  Porter’s Five Forces Analysis
10. Global Terephthalic Acid Demand Supply Analysis By Applications, (Volume, Value) (2014–2030)
              •        Strategic Issues
              •        Capacity Analysis – Plants and Projects (2014 – 2030)
                             •  Capacity
                             •  Production
                             •  Producing Companies
                             •  Capacity Additions and Investments
                             •  Location
                             •  Salient Statistics
                             •  Technology / Process
              •        Demand Analysis and Forecast (2014 – 2030)
                             •  Capacity
                             •  Production
                             •  Operating Rate
                             •  Import
                             •  Export
                             •  Net Trade
                             •  Demand
                             •  Demand Growth Rate (%)
                             •  Driving Force Analysis
                             •  Global Terephthalic Acid Market, By Application
                                     •  Polyethylene Terephthalate (PET)
                                     •  Polybutylene Terephthalate (PBT)
                                     •  Plasticizers
                                     •  Textiles
                                     •  Packaging
                                     •  Powder Coatings
                                     •  Insulation Materials
                                     •  Others 
11. Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2014 – 2030)
              •        Strategic Issues
              •        Capacity Analysis – Plants & Projects
              •        Demand-Supply Analysis and Forecast (2014 – 2030)
                             •  Capacity
                             •  Production
                             •  Operating Rate 
                             •  Import
                             •  Export
                             •  Net Trade
                             •  Demand
                             •  Demand Growth Rate (%)
                             •  Terephthalic Acid Market, By Application
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split by Application has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
             •     North America
                              •  USA
                              •  Canada
                              •  Mexico
             •     Western Europe
                              •  Germany
                              •  France
                              •  Italy
                              •  United Kingdom
                              •  Spain
                              •  Rest of Western Europe
             •     Central & Eastern Europe
                              •  Russia
                              •  Poland
                              •  Rest of Central & Eastern Europe
             •     Asia-Pacific
                              •  China
                              •  Japan
                              •  India
                              •  South Korea
                              •  Rest of Asia-Pacific
             •     Central & South America
             •     Middle East & Africa
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2020 – 2030)
12. Business Opportunity Assessment 
              •  Market Attractiveness Assessment
              •  Prospective & Target Market Study
13. Strategic Recommendation & Suggestions
              •  Strategic Recommendations and Critical Factors for Success
              •  Success Factors
              •  Marketing and Distribution
              •  Marketing
              •  Niche Marketing
              •  Government Schemes
              •  Subsidy
              •  Strategic Partnerships / Alliances / Joint Venture 
              •  Multiple Plants and Stocking Points
              •  Global Presence and China
              •  Technological Innovation
              •  Advertising
              •  Other Factors
14. Pricing Analysis
              •  Average Import Prices
              •  Average Exports Prices
              •  Price Forecast
15. Pain Points
Note: This section will focus on the pain points that the end-user industries face. The pain points may be related to grades, cost, pricing, product characteristics, laws and product acceptance, substitute products, demand issues ranging from raw material to technology supply.
16. Company Analysis
              •  Terephthalic Acid Manufacturers Profiles/ Company Analysis
              •  Basic Details
              •  Headquarter, Key Markets
              •  Ownership
              •  Company Financial
              •  Manufacturing Bases
              •  Global Turnover
              •  Total Employee
              •  Product Portfolio / Services / Solutions
              •  Business Strategies
              •  Key Success Factors
              •  Recent Developments
              •  Patents, technical distinction or know-how, and competitive information
              •  End-User Customers – General information 
              •  SWOT
             Companies Covered -
              •  Reliance Industries
              •  Dow-DuPont
              •  SABIC
              •  Mitsubishi Chemicals
              •  Sinopec Group
              •  Eastman Chemical Company
              •  Alpek
              •  Havna Company Limited
              •  Indorama Ventures Public Company Limited
              •  British Petroleum
              •  Formosa Plastics
              •  IOCL
              •  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
17. Approach & Research Methodology
              •  Approach
              •  Research Methodology
              •  Prismane Consulting Market Models
              •  Assumptions & Limitations
18. Appendices
              •  Target Markets
              •  Global Capacities
              •  Demand Supply - Regions
              •  Demand Supply- Countries

Scope of Report 

The Terephthalic Acid (PTA) report describes the global Terephthalic Acid (PTA) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Applications
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Terephthalic Acid (PTA) Market data in terms of volume and value for each end-use 
   at regional and country level
•  Terephthalic Acid (PTA) Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


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