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Global purified terephthalic acid market size is expected at $62.11 Bn by 2027 at a growth rate of 5.5%.
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Purified Terephthalic Acid Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032 © The Business Research Company. All Rights Reserved.
Purified Terephthalic Acid Market Segments The Business Research Company segments it’s purified terephthalic acid market report as: Amoco Process, Co-Oxidation, Multistage Oxidation, Henkel Process By Process Polyester, Polybutylene Terephthalate (PBT), Plasticizers, Other Applications By Application By End User Textile, PET Bottles, Packaging, Other End Users © The Business Research Company. All Rights Reserved.
Market Statistics The global purified terephthalic acid market size is expected to grow from $47.11 billion in 2022 to $50.13 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The purified terephthalic acid market size is expected to reach $62.11 billion in 2027 at a CAGR of 5.5%. Global Purified Terephthalic Acid Market Size Forecast To 2032 62.11 50.13 47.11 2022 2023 2027 Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers The increase in demand for polyester fibers is expected to propel the purified terephthalic acid market growth going forward. Trends Technological innovations are a key trend gaining popularity in the purified terephthalic acid market. Region North America was the largest region in the purified terephthalic acid market in 2022. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the purified terephthalic acid report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. © The Business Research Company. All Rights Reserved.
Key Market Players Major players in the Purified Terephthalic Acid market are: ▪ Indian Oil Corporation ▪ Alpek S.A.B. de C.V ▪ British Petroleum PLC ▪ Reliance Industries Limited ▪ Saudi Basic Industries Corporation ▪ And more. Get More Information On The Purified Terephthalic Acid Market Report © The Business Research Company. All Rights Reserved.
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