세계의 테레프탈산 시장 : 유도체별, 용도별 예측(2025-2030년)

The Terephthalic Acid Market was valued at USD 46.07 billion in 2023, expected to reach USD 49.44 billion in 2024, and is projected to grow at a CAGR of 7.70%, to USD 77.45 billion by 2030.

Terephthalic Acid (TPA) is a crucial organic compound in the polyester industry, primarily utilized as a precursor for polyethylene terephthalate (PET) production. Its necessity arises from its role in manufacturing polyester fibers, plastics, and resins, which are pivotal in textiles, packaging, and engineering applications. The end-use scope spans wide, from clothing and furniture coverings to food and beverage containers, reflecting its indispensability in modern manufacturing. Market growth is bolstered by increasing demand for PET in packaging and textiles, driven by consumer shifts towards lightweight, durable, and recyclable materials. Sustainability trends and regulatory directives favoring eco-friendly materials further foster this demand, creating opportunities for advancements in TPA production and applications. Emerging markets in Asia-Pacific, driven by industrialization and urbanization, present ripe opportunities for expansion. However, the market faces challenges such as volatile crude oil prices impacting raw material costs and competitive pressures from alternative materials. Regulatory compliance and environmental concerns regarding petrochemical processes also pose hurdles. Key areas for innovation include developing bio-based TPA, enhancing process efficiencies, and recycling technologies for PET materials. Streamlining production to reduce energy consumption and carbon emissions can offer competitive advantages. The market is predominantly competitive, characterized by a few major players holding substantial market shares, which challenges new entrants. It is crucial to navigate barriers like high capital investments and stringent regulations. Overall, businesses must strategically invest in research and development to stay ahead in achieving sustainability goals and optimizing supply chains. Collaborations and partnerships, particularly in adopting green technologies, can further cement market position. Innovation in product applications and leveraging digital technologies for process improvement remains essential for capturing emerging opportunities and driving market growth.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Terephthalic Acid Market

The Terephthalic Acid Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Significant growth in usage of polyester coatings resins
  • Increasing consumption of bottled beverages
  • Growing consumer expenditures for textile and apparel sector
• Market Restraints
  • Volatility in raw material prices
• Market Opportunities
  • Ongoing growth in demand for biodegradable products
  • Advancements in processing of terephthalic acid
• Market Challenges
  • Health issues associated with terephthalic acid

Porter's Five Forces: A Strategic Tool for Navigating the Terephthalic Acid Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Terephthalic Acid Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Terephthalic Acid Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Terephthalic Acid Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Terephthalic Acid Market

A detailed market share analysis in the Terephthalic Acid Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Terephthalic Acid Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Terephthalic Acid Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Terephthalic Acid Market

A strategic analysis of the Terephthalic Acid Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Terephthalic Acid Market, highlighting leading vendors and their innovative profiles. These include British Petroleum, DuPont, Eastman Chemical, Formosa Plastics Chemicals, Hanwha General Chemical, Hengli Petrochemical, Indorama Ventures Public Company, INEOS Group Limited, JBF Petrochemicals, Lotte Chemical Titan Holding Sdn Bhd, Mitsubishi Chemical, Petkim Petrokimya Holding, Reliance Industries, SABIC, Samsung Petrochemical Co. Ltd., Samyang Corporation, and Sinopec.

Market Segmentation & Coverage

This research report categorizes the Terephthalic Acid Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Derivative, market is studied across Dimethyl Terephthalate, Polybutylene Terephthalate, Polyethylene Terephthalate, and Polytrimethylene Terephthalate.
• Based on Application, market is studied across Adhesives, Chemical Intermediates, Fibers, Packaging, Paints & Coatings, and Pharmaceuticals.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Significant growth in usage of polyester coatings resins
    • 5.1.1.2. Increasing consumption of bottled beverages
    • 5.1.1.3. Growing consumer expenditures for textile and apparel sector
  • 5.1.2. Restraints
    • 5.1.2.1. Volatility in raw material prices
  • 5.1.3. Opportunities
    • 5.1.3.1. Ongoing growth in demand for biodegradable products
    • 5.1.3.2. Advancements in processing of terephthalic acid
  • 5.1.4. Challenges
    • 5.1.4.1. Health issues associated with terephthalic acid
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Terephthalic Acid Market, by Derivative

• 6.1. Introduction
• 6.2. Dimethyl Terephthalate
• 6.3. Polybutylene Terephthalate
• 6.4. Polyethylene Terephthalate
• 6.5. Polytrimethylene Terephthalate

7. Terephthalic Acid Market, by Application

• 7.1. Introduction
• 7.2. Adhesives
• 7.3. Chemical Intermediates
• 7.4. Fibers
• 7.5. Packaging
• 7.6. Paints & Coatings
• 7.7. Pharmaceuticals

8. Americas Terephthalic Acid Market

• 8.1. Introduction
• 8.2. Argentina
• 8.3. Brazil
• 8.4. Canada
• 8.5. Mexico
• 8.6. United States

9. Asia-Pacific Terephthalic Acid Market

• 9.1. Introduction
• 9.2. Australia
• 9.3. China
• 9.4. India
• 9.5. Indonesia
• 9.6. Japan
• 9.7. Malaysia
• 9.8. Philippines
• 9.9. Singapore
• 9.10. South Korea
• 9.11. Taiwan
• 9.12. Thailand
• 9.13. Vietnam

10. Europe, Middle East & Africa Terephthalic Acid Market

• 10.1. Introduction
• 10.2. Denmark
• 10.3. Egypt
• 10.4. Finland
• 10.5. France
• 10.6. Germany
• 10.7. Israel
• 10.8. Italy
• 10.9. Netherlands
• 10.10. Nigeria
• 10.11. Norway
• 10.12. Poland
• 10.13. Qatar
• 10.14. Russia
• 10.15. Saudi Arabia
• 10.16. South Africa
• 10.17. Spain
• 10.18. Sweden
• 10.19. Switzerland
• 10.20. Turkey
• 10.21. United Arab Emirates
• 10.22. United Kingdom

11. Competitive Landscape

• 11.1. Market Share Analysis, 2023
• 11.2. FPNV Positioning Matrix, 2023
• 11.3. Competitive Scenario Analysis
• 11.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. British Petroleum
• 2. DuPont
• 3. Eastman Chemical
• 4. Formosa Plastics Chemicals
• 5. Hanwha General Chemical
• 6. Hengli Petrochemical
• 7. Indorama Ventures Public Company
• 8. INEOS Group Limited
• 9. JBF Petrochemicals
• 10. Lotte Chemical Titan Holding Sdn Bhd
• 11. Mitsubishi Chemical
• 12. Petkim Petrokimya Holding
• 13. Reliance Industries
• 14. SABIC
• 15. Samsung Petrochemical Co. Ltd.
• 16. Samyang Corporation
• 17. Sinopec