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.

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?