Purified Terephthalic Acid Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Purified Terephthalic Acid Market covers analysis by Manufacturing Process (Amoco Process, Co-oxidation, Multistage Oxidation, Henkel Process); Application (Polyester Production, Plasticisers, Liquid Crystal Polymers, Textiles, Bottling and Packaging, Furnishing, Cyclohexanedimethanol Production, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00005344
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
Inquire Before Buy

PRICING

$5190

$4671

MARKET INTRODUCTION
Terephthalic acid is a white solid organic compound with a chemical formula C6H4(CO2H)2. It is a commodity chemical used as a precursor to pet polyester, which is employed in making plastic bottles and clothes. The synthesis of crude oil produces purified terephthalic acid. It is used in producing high performance multi-purpose plastics, for instance polybutyl terephthalic, polyethylene terephthalic and the latest bio plastics. Purified terephthalic is produced from the reaction between a secondary petroleum product, popular as paraxylene (PX) and an acetic acid. It is generally used in the manufacture of liquid crystal polymers, tereohtyaloyl chloride, and copolyester-ether elastomers.

MARKET DYNAMICS
Continuous increase in the demand for polyester fibers has driven the growth of the purified terephthalic acid market. Also, the heightening need for polyethylene terephthalate is a factor driving the market towards expansion. However, the level of toxicity generated during the production of purified terephthalic acids, cause mild skin and eyes irritation. This in turn restraints the growth of the purified terephthalic acid market. There are chances of replacement of glass bottles with polyethylene terephthalic bottles in the near future. This replacement will act as an opportunity for the growth of the market.

MARKET SCOPE
The "Global Purified Terephthalic Acid Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the purified terephthalic acid market with detailed market segmentation by manufacturing process, application and geography. The global purified terephthalic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading purified terephthalic acid players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The global purified terephthalic acid market is segmented on the basis of manufacturing process, application and geography. On the basis of manufacturing process, the market classify into amoco process, co-oxidation, multistage oxidation and henkel process. The market on the basis of application is broken into polyester production, plasticisers, liquid crystal polymers, textiles, bottling & packaging, furnishing and others. REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the purified terephthalic acid market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The purified terephthalic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the purified terephthalic acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the purified terephthalic acid market in these regions.

World Geography

Have a question?

Analyst

Shejal

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
MARKET PLAYERS

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the purified terephthalic acid market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The purified terephthalic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the purified terephthalic acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the purified terephthalic acid market in these regions.

MARKET PLAYERS
The reports cover key developments in the purified terephthalic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from purified terephthalic acid market are anticipated to lucrative growth opportunities in the future with the rising demand for purified terephthalic acid in the global market. Below mentioned is the list of few companies engaged in the purified terephthalic acid market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the purified terephthalic acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  • Alfa Group
  • Alpek
  • Indian Oil Corporation
  • JBF Petrochemicals Ltd.
  • Lotte Chemical
  • Mitsui Chemicals
  • Reliance Industries Limited
  • SABIC
  • Samsung Petrochemical Co. Ltd.
  • Sinopec Yizheng Chemical Fibre Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Purified Terephthalic Acid Market - By Manufacturing Process
1.3.2 Purified Terephthalic Acid Market - By Application
1.3.3 Purified Terephthalic Acid Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. PURIFIED TEREPHTHALIC ACID MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. PURIFIED TEREPHTHALIC ACID MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6. PURIFIED TEREPHTHALIC ACID MARKET - GLOBAL MARKET ANALYSIS
6.1. PURIFIED TEREPHTHALIC ACID - GLOBAL MARKET OVERVIEW
6.2. PURIFIED TEREPHTHALIC ACID - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. PURIFIED TEREPHTHALIC ACID MARKET - REVENUE AND FORECASTS TO 2028 - MANUFACTURING PROCESS
7.1. OVERVIEW
7.2. MANUFACTURING PROCESS MARKET FORECASTS AND ANALYSIS
7.3. AMOCO PROCESS
7.3.1. Overview
7.3.2. Amoco Process Market Forecast and Analysis
7.4. CO-OXIDATION
7.4.1. Overview
7.4.2. Co-oxidation Market Forecast and Analysis
7.5. MULTISTAGE OXIDATION
7.5.1. Overview
7.5.2. Multistage Oxidation Market Forecast and Analysis
7.6. HENKEL PROCESS
7.6.1. Overview
7.6.2. Henkel Process Market Forecast and Analysis
8. PURIFIED TEREPHTHALIC ACID MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. POLYESTER PRODUCTION
8.3.1. Overview
8.3.2. Polyester Production Market Forecast and Analysis
8.4. PLASTICISERS
8.4.1. Overview
8.4.2. Plasticisers Market Forecast and Analysis
8.5. LIQUID CRYSTAL POLYMERS
8.5.1. Overview
8.5.2. Liquid Crystal Polymers Market Forecast and Analysis
8.6. TEXTILES
8.6.1. Overview
8.6.2. Textiles Market Forecast and Analysis
8.7. BOTTLING AND PACKAGING
8.7.1. Overview
8.7.2. Bottling and Packaging Market Forecast and Analysis
8.8. FURNISHING
8.8.1. Overview
8.8.2. Furnishing Market Forecast and Analysis
8.9. CYCLOHEXANEDIMETHANOL PRODUCTION
8.9.1. Overview
8.9.2. Cyclohexanedimethanol Production Market Forecast and Analysis
8.10. OTHERS
8.10.1. Overview
8.10.2. Others Market Forecast and Analysis

9. PURIFIED TEREPHTHALIC ACID MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Purified Terephthalic Acid Market Overview
9.1.2 North America Purified Terephthalic Acid Market Forecasts and Analysis
9.1.3 North America Purified Terephthalic Acid Market Forecasts and Analysis - By Manufacturing Process
9.1.4 North America Purified Terephthalic Acid Market Forecasts and Analysis - By Application
9.1.5 North America Purified Terephthalic Acid Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Purified Terephthalic Acid Market
9.1.5.1.1 Canada Purified Terephthalic Acid Market by Manufacturing Process
9.1.5.1.2 Canada Purified Terephthalic Acid Market by Application
9.1.5.2 Mexico Purified Terephthalic Acid Market
9.1.5.2.1 Mexico Purified Terephthalic Acid Market by Manufacturing Process
9.1.5.2.2 Mexico Purified Terephthalic Acid Market by Application
9.1.5.3 US Purified Terephthalic Acid Market
9.1.5.3.1 US Purified Terephthalic Acid Market by Manufacturing Process
9.1.5.3.2 US Purified Terephthalic Acid Market by Application
9.2. EUROPE
9.2.1 Europe Purified Terephthalic Acid Market Overview
9.2.2 Europe Purified Terephthalic Acid Market Forecasts and Analysis
9.2.3 Europe Purified Terephthalic Acid Market Forecasts and Analysis - By Manufacturing Process
9.2.4 Europe Purified Terephthalic Acid Market Forecasts and Analysis - By Application
9.2.5 Europe Purified Terephthalic Acid Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Purified Terephthalic Acid Market
9.2.5.1.1 Germany Purified Terephthalic Acid Market by Manufacturing Process
9.2.5.1.2 Germany Purified Terephthalic Acid Market by Application
9.2.5.2 France Purified Terephthalic Acid Market
9.2.5.2.1 France Purified Terephthalic Acid Market by Manufacturing Process
9.2.5.2.2 France Purified Terephthalic Acid Market by Application
9.2.5.3 Italy Purified Terephthalic Acid Market
9.2.5.3.1 Italy Purified Terephthalic Acid Market by Manufacturing Process
9.2.5.3.2 Italy Purified Terephthalic Acid Market by Application
9.2.5.4 United Kingdom Purified Terephthalic Acid Market
9.2.5.4.1 United Kingdom Purified Terephthalic Acid Market by Manufacturing Process
9.2.5.4.2 United Kingdom Purified Terephthalic Acid Market by Application
9.2.5.5 Russia Purified Terephthalic Acid Market
9.2.5.5.1 Russia Purified Terephthalic Acid Market by Manufacturing Process
9.2.5.5.2 Russia Purified Terephthalic Acid Market by Application
9.2.5.6 Rest of Europe Purified Terephthalic Acid Market
9.2.5.6.1 Rest of Europe Purified Terephthalic Acid Market by Manufacturing Process
9.2.5.6.2 Rest of Europe Purified Terephthalic Acid Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Purified Terephthalic Acid Market Overview
9.3.2 Asia-Pacific Purified Terephthalic Acid Market Forecasts and Analysis
9.3.3 Asia-Pacific Purified Terephthalic Acid Market Forecasts and Analysis - By Manufacturing Process
9.3.4 Asia-Pacific Purified Terephthalic Acid Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Purified Terephthalic Acid Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Purified Terephthalic Acid Market
9.3.5.1.1 Australia Purified Terephthalic Acid Market by Manufacturing Process
9.3.5.1.2 Australia Purified Terephthalic Acid Market by Application
9.3.5.2 China Purified Terephthalic Acid Market
9.3.5.2.1 China Purified Terephthalic Acid Market by Manufacturing Process
9.3.5.2.2 China Purified Terephthalic Acid Market by Application
9.3.5.3 India Purified Terephthalic Acid Market
9.3.5.3.1 India Purified Terephthalic Acid Market by Manufacturing Process
9.3.5.3.2 India Purified Terephthalic Acid Market by Application
9.3.5.4 Japan Purified Terephthalic Acid Market
9.3.5.4.1 Japan Purified Terephthalic Acid Market by Manufacturing Process
9.3.5.4.2 Japan Purified Terephthalic Acid Market by Application
9.3.5.5 South Korea Purified Terephthalic Acid Market
9.3.5.5.1 South Korea Purified Terephthalic Acid Market by Manufacturing Process
9.3.5.5.2 South Korea Purified Terephthalic Acid Market by Application
9.3.5.6 Rest of Asia-Pacific Purified Terephthalic Acid Market
9.3.5.6.1 Rest of Asia-Pacific Purified Terephthalic Acid Market by Manufacturing Process
9.3.5.6.2 Rest of Asia-Pacific Purified Terephthalic Acid Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Purified Terephthalic Acid Market Overview
9.4.2 Middle East and Africa Purified Terephthalic Acid Market Forecasts and Analysis
9.4.3 Middle East and Africa Purified Terephthalic Acid Market Forecasts and Analysis - By Manufacturing Process
9.4.4 Middle East and Africa Purified Terephthalic Acid Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Purified Terephthalic Acid Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Purified Terephthalic Acid Market
9.4.5.1.1 South Africa Purified Terephthalic Acid Market by Manufacturing Process
9.4.5.1.2 South Africa Purified Terephthalic Acid Market by Application
9.4.5.2 Saudi Arabia Purified Terephthalic Acid Market
9.4.5.2.1 Saudi Arabia Purified Terephthalic Acid Market by Manufacturing Process
9.4.5.2.2 Saudi Arabia Purified Terephthalic Acid Market by Application
9.4.5.3 U.A.E Purified Terephthalic Acid Market
9.4.5.3.1 U.A.E Purified Terephthalic Acid Market by Manufacturing Process
9.4.5.3.2 U.A.E Purified Terephthalic Acid Market by Application
9.4.5.4 Rest of Middle East and Africa Purified Terephthalic Acid Market
9.4.5.4.1 Rest of Middle East and Africa Purified Terephthalic Acid Market by Manufacturing Process
9.4.5.4.2 Rest of Middle East and Africa Purified Terephthalic Acid Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Purified Terephthalic Acid Market Overview
9.5.2 South and Central America Purified Terephthalic Acid Market Forecasts and Analysis
9.5.3 South and Central America Purified Terephthalic Acid Market Forecasts and Analysis - By Manufacturing Process
9.5.4 South and Central America Purified Terephthalic Acid Market Forecasts and Analysis - By Application
9.5.5 South and Central America Purified Terephthalic Acid Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Purified Terephthalic Acid Market
9.5.5.1.1 Brazil Purified Terephthalic Acid Market by Manufacturing Process
9.5.5.1.2 Brazil Purified Terephthalic Acid Market by Application
9.5.5.2 Argentina Purified Terephthalic Acid Market
9.5.5.2.1 Argentina Purified Terephthalic Acid Market by Manufacturing Process
9.5.5.2.2 Argentina Purified Terephthalic Acid Market by Application
9.5.5.3 Rest of South and Central America Purified Terephthalic Acid Market
9.5.5.3.1 Rest of South and Central America Purified Terephthalic Acid Market by Manufacturing Process
9.5.5.3.2 Rest of South and Central America Purified Terephthalic Acid Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. PURIFIED TEREPHTHALIC ACID MARKET, KEY COMPANY PROFILES
11.1. ALFA GROUP
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ALPEK
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. INDIAN OIL CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. JBF PETROCHEMICALS LTD.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LOTTE CHEMICAL
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MITSUI CHEMICALS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. RELIANCE INDUSTRIES LIMITED
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SABIC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SAMSUNG PETROCHEMICAL CO. LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SINOPEC YIZHENG CHEMICAL FIBRE COMPANY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. Alfa Group
2. Alpek
3. Indian Oil Corporation
4. JBF Petrochemicals Ltd.
5. Lotte Chemical
6. Mitsui Chemicals
7. Reliance Industries Limited
8. SABIC
9. Samsung Petrochemical Co. Ltd.
10. Sinopec Yizheng Chemical Fibre Company

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Purified Terephthalic Acid Market