世界の精製テレフタル酸 (PTA) 市場の分析
Global Terephthalic Acid (PTA) Market Study 2014 - 2025
|発行||Prismane Consulting Pvt Ltd||商品コード||695400|
|世界の精製テレフタル酸 (PTA) 市場の分析 Global Terephthalic Acid (PTA) Market Study 2014 - 2025|
|出版日: 2018年09月18日||ページ情報: 英文||
当レポートでは、世界の精製テレフタル酸 (PTA) 市場について調査分析し、地域/国別の需要分析、ビジネス機会の評価、マクロ経済要因、戦略的課題と提言について、体系的な情報を提供しています。
This market study describes the global Terephthalic Acid market, with focus on major countries and their subsequent demand for different applications. The study covers demand analysis for regions like North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific and Middle East & Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Czech Republic, Turkey, China, Japan, India, South Korea, Taiwan, Indonesia, Thailand, Malaysia, Singapore, Brazil, South Africa, and Saudi Arabia. The market is segmented mainly according to the applications such PET, PBT, Plasticizers, Textiles, Packaging, Powder Coatings, Insulation Materials and others. Terephthalic Acid Market data in term of volume and value for each application at regional and country level will be provided.
The report provides answers to the following key questions:
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.
Note: In this section Prismane Consulting highlights and presents its views on Drivers, Restraints, Opportunities and Challenges.
Note: This section includes the key market players along with their historic Terephthalic Acid manufacturing capacities in different countries and locations. New projects and speculative capacities are included at a country level.
Note: Similar analysis has been provided for all key countries.
Note: This section provides an overview of the net trade of Terephthalic Acid (PTA) globally between 2014 and 2025 6.2. Target Markets
Note: In this section we have suggested major markets (Regions/ Countries) / Application prospects and Market Attractiveness for Terephthalic Acid (PTA).
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.
Note: Prismane Consulting's major findings are summarized in this section