PTA (Purified Terephthalic Acid) Price History and Forecast Analysis Provided by Procurement Resource

Product NamePTA (Purified Terephthalic Acid)
HS Code291736
Molecular Weight166.13g/mol
Chemical FormulaC8H6O4
Region/Countries for which Data is availableAsia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeOur services can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after service delivery

Request for Real Time PTA (Purified Terephthalic Acid) Prices: https://www.procurementresource.com/resource-center/pta-purified-terephthalic-acid-price-trends/pricerequest

Purified Terephthalic Acid, also known as PTA, is a white solid that is mostly used as a commodity chemical. As a raw material, it is used to create high-performance, all-purpose plastics like polybutylene terephthalate (PBT), polyethylene terephthalate (PET), polytrimethylene terephthalate (PTT), and even some varieties of bioplastics.

Terephthalic acid is produced using p-Xylene as a feedstock. The Amoco method involves the oxidation of p-xylene in the presence of a cobalt-manganese-bromide catalyst, which yields terephthalic acid. The chemical formula of purified terephthalic acid is C8H6O4 and its molecular weight is 166.13 g/mol.

Purified Terephthalic Acid-producing countries are China, Taiwan, South Korea, and India.

Key Details About the PTA (Purified Terephthalic Acid) Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the PTA (Purified Terephthalic Acid) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The PTA (Purified Terephthalic Acid) price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting PTA (Purified Terephthalic Acid) Price Trend:

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The primary commercial applications of PTA (Purified Terephthalic Acid) that are impacting its price trend are the manufacturing of polyester coating resin for the usage of coil coatings, automotive, industrial maintenance, and formulation in metals. It is also employed in adhesives, lubricants, paints, coatings, and polyester fibres.

Key Players:

  • Reliance Industries Limited (RIL)
  • Saudi Basic Industries Corporation (SABIC)
  • Alpek S.A.B. de C.V.
  • BP p.l.c.
  • Eastman Chemical Company

News and Events:

  • October 2022: A memorandum of understanding was signed by Mitsui Chemicals, Inc., and Shell Eastern Petroleum (Pte) Ltd, a company with Singaporean registration, committing the two parties to the delivery of ethylene produced from plastic waste. Later, through its subsidiary Prime Polymer Co., Ltd., a Mitsui Chemicals Group company, the company produced chemically recycled polyethylene made from plastic waste.

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About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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