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Terephthalic Acid Market Share, Demand, Applications and Opportunities Market Research Report 2027

The global Terephthalic Acid market is forecast to reach USD 78.01 Billion by 2027, according to a new report by Reports and Data. Terephthalic acid is produced by chemical synthesis of crude oil. The majority of the terephthalic acid is utilized in the production of polyester resin, which is used to manufacture polyester film, polyethylene terephthalate resin, and polyester fiber.

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Terephthalic Acid Market Share, Demand, Applications and Opportunities Market Research Report 2027

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  1. Terephthalic Acid Market To Reach USD 78.01 Billion By 2027 www.reportsanddata.com

  2. Market Summary Market Size – USD 48.48 Billion in 2018, Market Growth - CAGR of 5.4%, Market Trends – High demand from the APAC region. The global Terephthalic Acid Market is forecast to reach USD 78.01 Billion by 2027, according to a new report by Reports and Data. Terephthalic acid is produced by chemical synthesis of crude oil. • Further key findings from the report suggest • The electric and electronic industry is expected to contribute towards the growth of the Terephthalic Acid owing to the expansion of the power grid globally. Rapid urbanization, coupled with rising incomes in developing countries, is expected to impact the market growth. • The packaging segment is expected to grow due to the rising demand for bottles and soft drinks. Terephthalic acid is used in baked goods containers, ketchup, take-out containers, jars, frozen foods, household products, juices, and carbonated drinks, bottled water, and cosmetics. • The Amoco process is widely adopted for the production of Terephthalic acid by oxidation of p-xylene using oxygen in the air. The process uses a cobalt-manganese-bromide catalyst. • Polybutylene terephthalate is a thermoplastic engineering polymer that is used as an insulator in the electrical and electronics industries. It is a thermoplastic crystalline polymer and a type of polyester. www.reportsanddata.com

  3. MarketSummary Key Players: Sinopec Corporation, British Petroleum, SABIC, Reliance Industries Limited, Eastman Chemical Company, Indorama Ventures Public Company, Indian Oil Corporation, JBF Petrochemicals, Mitsubishi Chemical Corporation, and Lotte Chemical Corporation among others. Segmentation: • Manufacturing Process Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027) • Amoco Process • Cooxidation • Multistage Oxidation • Henkel Process • Others • Derivative Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027) • Polybutylene Terephthalate (PBT) • Dimethyl Terephthalate • Polyethylene Terephthalate (PET) • Polytrimethylene Terephthalate (PTT) • Others www.reportsanddata.com Ask for Sample Report at: https://www.reportsanddata.com/sample-enquiry-form/2604

  4. MarketSummary • End-Use Industry Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027) • Packaging • Electrical and Electronics • Construction • Paints and Coatings • Textiles • Furniture • Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027) • North America • U.S • Europe • U.K • France • Asia Pacific • China • Japan • MEA • Latin America • Brazil www.reportsanddata.com Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/2604

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com

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