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World - Phthalic Anhydride, Terephthalic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

World - Phthalic Anhydride, Terephthalic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Feb 6, 2024

Top Import Markets for Phthalic Anhydride and Terephthalic Acid

Phthalic Anhydride and Terephthalic Acid are key chemical compounds used in various industries, including plastics, textiles, and paints. These compounds have a significant market demand worldwide, and several countries excel in importing them. This article aims to explore the world's best import markets for Phthalic Anhydride and Terephthalic Acid, backed by data and key statistics from the IndexBox platform.

1. Turkey

Turkey emerges as the leading import market for Phthalic Anhydride and Terephthalic Acid, with an import value of 1.8 billion USD in 2022. The country has a well-developed chemical industry and a growing manufacturing sector, contributing to the high demand for these compounds. The steady growth of Turkey's textile and plastics sectors further drives the import of Phthalic Anhydride and Terephthalic Acid.

2. India

India follows closely behind Turkey, with an import value of 1.6 billion USD in 2022. The Indian market presents a vast opportunity for Phthalic Anhydride and Terephthalic Acid due to its large population and a diverse range of industries. The expanding textile and plastics industries in India drive the import demand for these compounds, making it a lucrative market for manufacturers and exporters.

3. Vietnam

Vietnam ranks third among the top import markets, with an import value of 877.3 million USD in 2022. The country has experienced rapid industrialization and manufacturing growth in recent years, attracting foreign investments and driving the demand for chemical compounds like Phthalic Anhydride and Terephthalic Acid. Vietnam's growing textile and plastics industries contribute significantly to the import market value.

4. Lithuania

Lithuania holds the fourth position in the list, with an import value of 604.9 million USD in 2022. The country's strategic location, well-developed infrastructure, and favorable business environment make it an attractive import market for Phthalic Anhydride and Terephthalic Acid. Lithuania's plastics industry, in particular, displays a strong demand for these compounds.

5. United States

The United States imports Phthalic Anhydride and Terephthalic Acid worth 600.5 million USD in 2022, securing the fifth position in the global import market. The US market relies heavily on these compounds for its plastics and chemical manufacturing sectors. The country's strong industrial base and high consumption rates contribute to its substantial import value.

6. Germany

Germany follows closely behind the United States, importing Phthalic Anhydride and Terephthalic Acid worth 578.2 million USD in 2022. The country's robust manufacturing sector, advanced technology, and strong chemical industry drive the import demand for these compounds. Germany's automotive industry, in particular, relies heavily on Terephthalic Acid for manufacturing components.

7. Oman

Oman stands out as an emerging import market, with an import value of 567.3 million USD in 2022. The country's growing textiles and plastics industries drive the demand for Phthalic Anhydride and Terephthalic Acid. Oman's strategic location and well-established trade routes contribute to its rapid growth as an import market.

8. Egypt

Egypt imports Phthalic Anhydride and Terephthalic Acid worth 366.5 million USD in 2022, positioning itself as a significant import market. The country's growing manufacturing sector, coupled with the demand from the textile and plastics industries, fuel the import market for these compounds. Egypt's strategic location and access to international trade routes also contribute to its import value.

9. Italy

Italy's import market for Phthalic Anhydride and Terephthalic Acid amounts to 322.6 million USD in 2022. The country's well-developed textile, plastics, and chemical industries drive the import demand for these compounds. Italy's fashion and automotive sectors, in particular, rely heavily on Terephthalic Acid.

10. Spain

Spain completes the list of the world's best import markets, with an import value of 302.4 million USD in 2022. The country's strong chemicals and plastics industries contribute significantly to the import market for Phthalic Anhydride and Terephthalic Acid. Spain's textile sector also presents a notable demand for these compounds.

In conclusion, the world's best import markets for Phthalic Anhydride and Terephthalic Acid include Turkey, India, Vietnam, Lithuania, the United States, Germany, Oman, Egypt, Italy, and Spain. These countries exhibit strong import demand backed by their respective industries and growing manufacturing sectors. Manufacturers and exporters in the chemical industry should carefully consider these markets to capitalize on the lucrative opportunities they offer.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for phthalic anhydride and terephthalic acid. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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