Purified Terephthalic Acid Plant Market | Growth, Share, Trends, Size and Forecast
Purified Terephthalic Acid (PTA) Market Overview Purified terephthalic acid (PTA) is derived in a white physical form or crystalline powder and is inert in nature. PTA is aromatic in nature with significant use in the production of polyester fibers and films. The primary raw ingredient for purified terephthalic acid (PTA) is paraxylene. It is commercially produced through the oxidation of PX to form terephthalic acid (TA), which is then purified to derive purified terephthalic acid (PTA). Purified terephthalic acid has the properties of resistance to chemicals and weathering and insulation. It is widely used as a raw material for various chemicals such as cyclohexane di-methanol, terephthaloyl chloride, copolyesterether elastomers, and plasticizers. MRFR, in their latest analysis, the global purified terephthalic acid plant market is driven by various factors through the forecast period. Some of the factors contributing to the positive ascension observed in the global...