The report "Purified Terephthalic Acid (PTA) Market by Application (Polyester, Polybutylene Terephthalate, Plasticizers), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2023", The purified terephthalic acid market is estimated to be USD 48.14 Billion in 2018 and is projected to reach USD 61.78 Billion by 2023, at a CAGR of 5.1% from 2018 to 2023.
Browse 90 market data Tables and 40 Figures spread through 139 Pages and indepth TOC on "Purified Terephthalic Acid (PTA) Market by Application (Polyester, Polybutylene Terephthalate, Plasticizers), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2023" https://www.marketsandmarkets.com/Market-Reports/purified-terephthalic-acidmarket-150628286.html Early buyers will receive 10% customization on reports. The growth of the purified terephthalic acid market is primarily driven by the rising demand for purified terephthalic acid from the textile and packaging industries and ongoing urbanization as well as shifting consumer lifestyle in the Asia Pacific region. The growth of the end-use markets, such as bottling and packaging and fiber & yarn, is also contributing to the increased demand for purified terephthalic acid. Based on application, the polyester segment is estimated to account for the largest share of the purified terephthalic acid market in 2018. Based on application, the polyester segment is estimated to account for the largest share of the purified terephthalic acid market in 2018. The polyester application segment has been classified on the basis of grade into fiber & yarn grade, Polyethylene Terephthalate (PET)