Related Keywords: coming years with the growing demand, end-user industries include textile, for polyester, home furnishing, majorly used to manufacture polyester fiber, market for purified terephthalic, PTA, specifically in China. PTA a chemical, synthesized from crude oil, witness noticeable expansion
The market for purified terephthalic (PTA) is likely to witness noticeable expansion in the coming years with the growing demand for polyester, specifically in China. Purified terephthalic acid (PTA) is a chemical which is synthesized from crude oil and majorly used to manufacture polyester fiber.
Several growth factors such as growing per capita consumption in emerging regions such as China and significant growth of the textile industry is expected to boost the demand for the PTA market.
