Global Purified Isophthalic Acid (PIA) market cagr 15.6%

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Purified Isophthalic Acid (PIA) Market

Purified Isophthalic Acid (PIA) Market Scope:

Industry Analysis, Market Size, Growth, Trends Till 2031

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Purified Isophthalic Acid (PIA) Market Size and Growth

The global Purified Isophthalic Acid (PIA) market is projected to experience significant growth due to increasing demand from various industries such as automotive, construction, and electronics. The market size is expected to reach $1.5 billion by 2025, driven by factors such as growing urbanization and infrastructure development. Request

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Companies Covered (Covid 19 Impact Covered)

◍ LOTTE Chemical

◍ Eastman

◍ Beijing Yanshan Petrochemical

◍ Mitsubishi Gas Chemical

◍ Indorama

◍ Perstorp

The Purified Isophthalic Acid (PIA) market is highly competitive with key players like LOTTE Chemical, Eastman, Beijing Yanshan Petrochemical, Mitsubishi Gas Chemical, Indorama, Perstorp, and Formosa Chemicals & Fibre Corporation. These companies use PIA in the production of resins, fibers, coatings, and more to cater to various industries like automotive, construction, and packaging.

- LOTTE Chemical: $13.6 billion

- Eastman: $9.5 billion

◍ Formosa Chemicals & Fibre Corporation

- Indorama: $8.3 billion

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Market Segmentation

By Application

◍ PET Resin

◍ UPR Resin

◍ Others

By Product

◍ Purity 99.9%

◍ Purity 99.8%

◍ Other

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$ X Billion USD
Market Growth
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