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Global Terephthalic Acid (TPA) Market Growth 2025-2031
Nov 2025
Chemicals and Materials
Pages: 152
LPI29216
The global Terephthalic Acid (TPA) market size is predicted to grow from US$ 69140 million in 2025 to US$ 79160 million in 2031; it is expected to grow at a CAGR of 2.3% from 2025 to 2031.
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The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Terephthalic Acid is divided into crude terephthalic acid and purified terephthalic acid. Purified terephthalic acid can be obtained after reprocessing crude terephthalic acid. Purified terephthalic acid is the mainstream product on the market, so this report only studies purified terephthalic acid.
The main production areas of PTA market are concentrated in Asia, including China, India, Southeast Asia, South Korea, Japan, etc. The production share in North America and Europe is relatively low, and the production enterprises are relatively concentrated.
In North America, Alpek Polyester, Ineos and Indorama Ventures are the main production enterprises. In Europe, Ineos, Indorama Ventures and Orlen Group are the main production enterprises. In recent years, due to cost reasons, Japanese PTA enterprises have continuously launched local PTA production. At present, only Toray still has a PTA factory in Japan. South Korean local companies such as Lotte are also withdrawing from the PTA market, but there are still several local production enterprises.
There are still about 20 large and small production enterprises in the Chinese market, and the overall market size is still expanding. Among them, the top 8 enterprises account for about 3/4 of Chinas PTA production capacity.
The production capacity of production enterprises in the Indian market is relatively stable, and the production scale of Southeast Asian enterprises has a tendency to expand.
Infinity Market Research newest research report, the Terephthalic Acid (TPA) Industry Forecast looks at past sales and reviews total world Terephthalic Acid (TPA) sales in 2024, providing a comprehensive analysis by region and market sector of projected Terephthalic Acid (TPA) sales for 2025 through 2031. With Terephthalic Acid (TPA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Terephthalic Acid (TPA) industry.
This Insight Report provides a comprehensive analysis of the global Terephthalic Acid (TPA) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Terephthalic Acid (TPA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Terephthalic Acid (TPA) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Terephthalic Acid (TPA) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Terephthalic Acid (TPA).
This report presents a comprehensive overview, market shares, and growth opportunities of Terephthalic Acid (TPA) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Fine PTA Process
QTA and EPTA Process
Segmentation by Application:
Polyester Fiber
PET
Polyester Chips
PBT
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.
Alpek Polyester
Indorama Ventures
Ineos
Orlen Group
Toray
Formosa Petrochemical
Indian Oil
MCPI
Mitsubishi Chemical
Mitsui Chemicals
Reliance Industries
SABIC
Samyang Group
SIBUR
Taekwang
Yisheng (Hengyi, Rongsheng)
Hengli Group
Tongkun Holding
Sinopec
Xinfengming
Shenghong Petrochemical
Fujian Enegy Petrochemical
Sanfame (Hailun)
Billion Industrial
Key Questions Addressed in this Report
What is the 10-year outlook for the global Terephthalic Acid (TPA) market?
What factors are driving Terephthalic Acid (TPA) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Terephthalic Acid (TPA) market opportunities vary by end market size?
How does Terephthalic Acid (TPA) break out by Type, by Application?
Terephthalic Acid Market Scope
| Report Attribute | Details |
|---|---|
| Market Size (Start Year) | USD XX Million |
| Market Size (End Year) | USD XX Million |
| Compound Annual Growth Rate (CAGR) | USD XX Million |
| Forecast Period | USD XX Million |
| Base Year | USD XX Million |
| Historical Data | USD XX Million |
| Key Players | USD XX Million |
REPORT COVERAGE
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
SEGMENT COVERED
By component, deployment, organization size, application, and industry.
REGIONAL SCOPE
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
COUNTRY SCOPE
Includes key countries across all major regions.
📘 Frequently Asked Questions
1. What is the market size of Global Terephthalic Acid Market?
Answer: The global Terephthalic Acid (TPA) market size is predicted to grow from US$ 69140 million in 2025 to US$ 79160 million in 2031; it is expected to grow at a CAGR of 2.3% from 2025 to 2031.
2. Which regions are analyzed in the Global Terephthalic Acid Market report?
Answer: The Global Terephthalic Acid Market report covers major regions such as North America, Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.
3. What methodology is used for forecasting of Global Terephthalic Acid Market?
Answer: The Global Terephthalic Acid Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.
4. Are emerging markets analyzed separately in the Global Terephthalic Acid Market?
Answer: Yes, the Global Terephthalic Acid Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.
5. Does the report include competitive benchmarking of Global Terephthalic Acid Market?
Answer: Yes, Global Terephthalic Acid Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.
6. Can I access country-level data within the Global Terephthalic Acid Market report?
Answer: Yes, Global Terephthalic Acid Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.
7. Can I get customized insights or data from the Global Terephthalic Acid Market report?
Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.
🔐 Secure Payment Guaranteed
Safe checkout with trusted global payment methods.
🌟 Why Choose Infinity Market Research?
At Infinity Market Research, we dont just deliver data — we deliver clarity, confidence, and competitive edge.
In a world driven by insights, we help businesses unlock the infinite potential of informed decisions.
Here why global brands, startups, and decision-makers choose us:
Industry-Centric Expertise
With deep domain knowledge across sectors — from healthcare and technology to manufacturing and consumer goods — our team delivers insights that matter.
Custom Research, Not Cookie-Cutter Reports
Every business is unique, and so are its challenges. Thats why we tailor our research to your specific goals, offering solutions that are actionable, relevant, and reliable.
Data You Can Trust
Our research methodology is rigorous, transparent, and validated at every step. We believe in delivering not just numbers, but numbers that drive real impact.
Client-Centric Approach
Your success is our priority. From first contact to final delivery, our team is responsive, collaborative, and committed to your goals — because you re more than a client; you re a partner.
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