Purifed Isophthalic Acid (PIA)
Market
Purifed Isophthalic Acid (PIA) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Purifed Isophthalic Acid (PIA) Market Size and Growth
The Purified Isophthalic Acid (PIA) market is experiencing robust growth, driven by increasing demand in the plastics and coatings sectors. The market size was valued at approximately $XX million in 2023, with projections indicating steady expansion due to rising industrial applications and innovations in production technologies, enhancing product quality and supply dynamics.
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Companies Covered
(Covid 19 Impact Covered)
◍ Eastman
◍ Perstorp
◍ Lotte Chemical
◍ British Petroleum (BP)
◍ Total Petrochemicals
The Purified Isophthalic Acid (PIA) market features companies like Eastman, Perstorp, and Mitsubishi Gas Chemical, which supply PIA for resins and coatings. Major players enhance market growth through innovative applications, strategic partnerships, and extensive distribution networks. Sales revenue figures include:
- Eastman: $10.5 billion
◍ A.G. International Chemical Company Inc. (Agic)
◍ Cepsa
◍ Exxonmobil
◍ Formosa Chemicals
◍ Koch Chemical Company
◍ Mitsubishi Gas Chemical
◍ Samsung Total Petrochemicals
◍ Versalis
- BP: $183 billion
- ExxonMobil: $413 billion
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Market Segmentation
By Application
◍ PET Copolymer Resins
◍ Unsaturated Polyester Resins
◍ Alkyd Or Polyester Surface Coating Resins
◍ Amorphous Polyamide Resins
◍ Adhesives
◍ Others
By Product
◍ Type I ◍ Type II
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Market Growth
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$ X Billion USD
