Circular Economy Push Drives PET Recycling, Impacting Virgin PTA Demand
The global purified terephthalic acid (PTA) market reached USD 62.62 billion in 2024 and is anticipated to expand at a CAGR of 4.92% over the next decade. This growth is being driven by dynamic shifts across key market segments—particularly in end-user industries, application-specific demand, and product differentiation strategies. As downstream sectors such as packaging, textiles, and...
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