Delve into the intricate world of Purified Terephthalic Acid (PTA) with our comprehensive market analysis. Explore the trends, innovations, and key players shaping the PTA landscape worldwide. Stay ahead in the chemical industry as we unravel the nuances and opportunities within the dynamic PTA market, a key player in the production of polyester and related materials.

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PTA capacity and capital expenditure research report provides global PTA capacity outlook by region. It also provides PTA planned and announced plant details.

The global PTA capacity was 117.86 mtpa in 2022 and is expected to grow at an AAGR of more than 7% by 2027. China, Taiwan, India, South Korea, and US were the key countries in the world accounting for over 86% of the total PTA capacity. Para-Xylene Oxidation was the dominant process used for PTA production, accounting for more than 82% of the installed PTA capacity.

The key regions in the global PTA market are Asia, North America, Europe, South America, the Former Soviet Union, and the Middle East. Among regions, Asia led the global PTA capacity and capital market in 2022.