PTA demand in India stood at 6,179 thousand tonnes in
2018 and is projected to grow at a CAGR of 3.44% during 2019-2030 to reach 9,023
thousand tonnes by 2030. As PTA boasts properties such as excellent weathering
resistance, outstanding strength and flexibility, its usage is growing in
various end use industries such as food & beverages, electronics, apparel,
home textiles, carpets and industrial fiber products. Moreover, increasing use
of PTA in the production of polyester film, cyclohexanedimethanol,
terephthaloyl chloride, copolyester-ether elastomers and plasticizers is expected
to aid market growth in India. Growing textiles industry and increasing
production of yarn with a focus on the development of technical textiles
coupled with rising demand for paints and coatings is anticipated to propel the
demand for PTA in India during forecast period.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the
Study:
·
The primary objective of the study was to evaluate and
forecast PTA capacity, production, demand, inventory, and
demand – supply gap in India.
·
To categorize PTA demand based on end use, sales channel and
region.
·
To study trade dynamics and company share in India PTA market.
·
To identify major customers of PTA in India.
·
To evaluate and forecast PTA pricing in India.
·
To identify and profile major companies operating in India PTA market.
·
To identify major developments, deals and expansion plans in
India PTA market.
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Report Scope:
In this report, India PTA market has been segmented into following categories:
Some of the
major players operating in India PTA market are Reliance Industries Limited,
Indian Oil Corporation Limited, MCPI Private Limited, JBF Industries Limited, etc.
To extract data for India PTA market, primary research surveys were
conducted with PTA manufacturers, suppliers, distributors, wholesalers and end
users. While interviewing, the respondents were also inquired about their
competitors. Through this technique, TechSci Research was able to include
manufacturers that could not be identified due to the limitations of secondary
research. Moreover, TechSci Research analyzed various end user segments and
projected a positive outlook for India PTA market over the coming years.
TechSci Research calculated PTA demand in India by analyzing the
historical data and demand forecast was carried out considering the consumption
pattern and analyzing the demand by tracking upcoming manufacturing units in different
industrial segments. TechSci Research sourced these values from industry
experts and company representatives and externally validated through analyzing
historical sales data of respective manufacturers to arrive at the overall market size. Various
secondary sources such as company websites, association reports, annual
reports, etc., were also studied by TechSci Research.
Key Target Audience:
- PTA manufacturers and
other stakeholders
- Organizations, forums
and alliances related to PTA distribution
- Government bodies such
as regulating authorities and policy makers
- Market
research organizations and consulting companies
The study is useful in providing answers to several critical questions
that are important for industry stakeholders, such as PTA manufacturers, distributors and policy makers. The
report also provides useful insights about which market segments should be
targeted over the coming years to strategize investments and capitalize on
growth opportunities.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at [email protected]