Pricing Overview

Feedstock | Purified Terephthalic Acid (PTA) Pricing Overview

Market Overview

Quarterly Update on Global PTA Market
For the Quarter Ending September 2020
Supply overhang of PTA (Purified Terephthalic Acid) in the Asia Pacific region eased in the near term as several manufacturers in China and India imposed a temporary turnaround amidst wavering concerns over coronavirus spread and dwindling polyester demand. However, the impeding start-up of new PTA capacities in China by the next quarter has stressed manufacturers and traders over surplus production in times of hovering downstream demand. As per the industry experts, the market outlook of PTA industry is likely to remain under downward pressure in the next quarter as well, with supply outstripping the demand.
As the region has geared steady pace to resume activities after considerable upliftment in lockdown restrictions, the demand for PTA from the polyester as well as plastic industry has witnessed a much-needed recovery after witnessing a prolonged dullness in the previous quarter. However, improved market fundamentals are likely to shroud in the coming months with increment in PTA cargoes from Asian region following the slated capacity additions from the production hub, China. Furthermore, concerns over resurgence of coronavirus in several parts of Europe has also raised serious concerns over demand outlook of PTA in the near term.
North America
The North American PTA market has gained considerably amidst the increased demand for packaging materials due to rising coronavirus contagion and is anticipated to receive further boost from the sudden shortage of aluminum cans in the region. Increased demand on positive shift in consumer sentiments towards single-use plastics has provided the US PTA industry with appreciable gains. And as long as the shortage of aluminum can persists, the regional PTA market is unlikely to face severe challenges from demand side. However, the prolonged slowdown in Polyester industry has marginally dragged the present growth of the PTA market from the packaging sector.

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Market Analysis
Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for PTA is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
Pricing Analysis
PTA price is correlated with the price trend of its feedstocks Paraxylene and Acetic Acid along with the performance of polyester and plastic industry in the global market.
Company Profile
Basic details and information on financial performance of leading global players in PTA market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
News & Deals
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.


ChemAnalyst gathers information through primary research surveys conducted with various PTA manufacturers, spread across domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.
Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global PTA market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.
Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.
Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global PTA market.
Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on daily, weekly, monthly and yearly basis.
Finally, region-specific markets for PTA are analyzed and region-wise demand pattern is tracked.


Purified Terephthalic Acid is a highly popular chemical commodity widely utilized as a feedstock for high performance plastics like Polyethylene Terephthalate (PET) Polybutylene Terephthalate (PBT) and others. It also finds huge consumption in the global polyester industry due to its high resistance towards chemicals and stains. These materials produce polyester coating resins for formulation of appliances, automotive, metals and several industrial equipment’s. PTA is commonly produced by catalytic liquid phase oxidation of Paraxylene in Acetic Acid by an exothermic reaction in the presence of air. The catalyst used is cobalt acetate or manganese. As PTA is an aromatic compound, its aromatic ring yields supreme hardness along with ideal stain resistance to unsaturated polyesters and coating resins. PTA provides moderate solubility in molten glycols and resins which sometimes results in an increased synthesis time.