Terephthalic Acid Market, Global Outlook and Forecast 2023-2029

Terephthalic Acid is an organic compound with formula C6H4(CO2H)2. This white solid is a commodity chemical, used principally as a precursor to the polyester PET.
This report aims to provide a comprehensive presentation of the global market for Terephthalic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Terephthalic Acid. This report contains market size and forecasts of Terephthalic Acid in global, including the following market information:
Global Terephthalic Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Terephthalic Acid Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Terephthalic Acid companies in 2022 (%)
The global Terephthalic Acid market was valued at US$ 39 million in 2022 and is projected to reach US$ 51 million by 2029, at a CAGR of 3.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Polyethylene Terephthalate (PET) Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Terephthalic Acid include BP, China Petroleum & Chemical, Eastman Chemical, Formosa Petrochemical, Indian Oil, Indorama Ventures, Lotte Chemical, MCPI and Mitsubishi Chemical, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Terephthalic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Terephthalic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Terephthalic Acid Market Segment Percentages, by Type, 2022 (%)
    Polyethylene Terephthalate (PET)
    Polybutylene Terephthalate (PBT)
    Polytrimethylene Terephthalate (PTT)
    Dimethyl Terephthalate
    Others
Global Terephthalic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Terephthalic Acid Market Segment Percentages, by Application, 2022 (%)
    Packaging
    Fibers
    Paints & Coatings
    Adhesives
    Others
Global Terephthalic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Terephthalic Acid Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Terephthalic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Terephthalic Acid revenues share in global market, 2022 (%)
Key companies Terephthalic Acid sales in global market, 2018-2023 (Estimated), (MT)
Key companies Terephthalic Acid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    BP
    China Petroleum & Chemical
    Eastman Chemical
    Formosa Petrochemical
    Indian Oil
    Indorama Ventures
    Lotte Chemical
    MCPI
    Mitsubishi Chemical
    Mitsui Chemicals
    PetroChina
    Reliance Industries
    SABIC
    Samyang Holdings
    SIBUR
Outline of Major Chapters:
Chapter 1: Introduces the definition of Terephthalic Acid, market overview.
Chapter 2: Global Terephthalic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Terephthalic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Terephthalic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Terephthalic Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.