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The global terephthalic acid market size was USD 56.48 Billion in 2022 and is expected to register a revenue CAGR of 4.9% during the forecast period. Rising demand for polyesters in textile and packaging industries, growing adoption of terephthalic acid in textile and home furnishing sector, rising global demand for Polyethylene Terephthalate (PET) resin from packaging materials, and increasing adoption of PET film as a protective layer in building materials are expected to drive market revenue growth.
The Global Terephthalic Acid Market report published by Emergen Research is a concise summary on the Terephthalic Acid industry and offers deep insights into the industry’s core structure and mechanism. The report digs into the key segments and sub-segments of the industry and offers a thorough study of the industry’s leading regional markets, competitive scenario, product and application segments, technology landscape, sales & distribution networks, and key industry statistics. Market insights included in the report have been compiled through extensive research, detailed market surveys, and expert interviews.
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The leading market contenders listed in the report are:
Eastman Chemical Company, DuPont, Reliance industries Limited, Indorama Ventures Public Company Limited, Tianjin Petrochemical Co., Ltd, SABIC, Sinopec, Mitsubishi Chemical Corporation, Karyopharm, Formosa Plastics, HANWA Co., Ltd., BP p.l.c. and Alpek S.A.B. de C.V.
The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the Terephthalic Acid market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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