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World - Phthalic Anhydride, Terephthalic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Feb 1, 2025

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

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Feb 9, 2024

Top Import Markets for Phthalic Anhydride and Terephthalic Acid

Phthalic Anhydride and Terephthalic Acid are two important chemical compounds used in various industries. These compounds serve as key ingredients in the production of plastics, resins, fibers, and other materials. The import market for Phthalic Anhydride and Terephthalic Acid is a significant indicator of global demand and economic activity in these sectors. In this article, we will explore the world's best import markets for Phthalic Anhydride and Terephthalic Acid, highlighting key statistics and data from the IndexBox market intelligence platform.

1. Turkey

Turkey stands as the leading importer of Phthalic Anhydride and Terephthalic Acid, with an import value of 1.8 billion USD in 2022. The country's strong manufacturing base and growing textile industry contribute to its high demand for these chemical compounds. Turkey's strategic location as a gateway between Europe and Asia also makes it a key player in the international trade 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 for Phthalic Anhydride and Terephthalic Acid is driven by the country's expanding textile, packaging, and automotive sectors. India's growing middle class and increasing disposable income contribute to the rising demand for products made from these chemical compounds.

3. Vietnam

Vietnam holds the third position among the top import markets, with an import value of 877.3 million USD in 2022. The country's rapid industrialization, favorable investment climate, and skilled workforce have attracted significant foreign direct investment, leading to a surge in the demand for Phthalic Anhydride and Terephthalic Acid. Vietnam's textile and electronics industries are major consumers of these chemical compounds.

4. Lithuania

Lithuania emerges as another prominent import market with a value of 604.9 million USD in 2022. The country's chemical industry, which includes production activities related to plastics and polymers, drives the consumption of Phthalic Anhydride and Terephthalic Acid. Lithuania's proximity to major European markets and its well-developed infrastructure make it an attractive destination for importers.

5. United States

The United States ranks fifth among the world's best import markets, with an import value of 600.5 million USD in 2022. The country's strong manufacturing and packaging industries, coupled with its robust consumer demand, contribute to the significant import volumes of Phthalic Anhydride and Terephthalic Acid. The United States also serves as a major distribution hub for these chemical compounds in North America.

6. Germany

Germany holds the sixth position with an import value of 578.2 million USD in 2022. As Europe's largest economy, Germany has a diverse manufacturing base that drives the demand for Phthalic Anhydride and Terephthalic Acid. The country's automotive, chemical, and textiles industries heavily rely on these compounds for the production of various products.

7. Oman

Oman ranks seventh among the top import markets, with an import value of 567.3 million USD in 2022. The country's strong petrochemical industry, supported by its abundant natural gas reserves and favorable investment climate, contributes to the significant consumption of Phthalic Anhydride and Terephthalic Acid. Oman also serves as a transit point for trade between Asia, Europe, and Africa.

8. Egypt

Egypt holds the eighth position with an import value of 366.5 million USD in 2022. The country's growing textiles, packaging, and construction sectors drive the demand for Phthalic Anhydride and Terephthalic Acid. Egypt's strategic location and well-developed infrastructure make it an attractive market for importers.

9. Italy

Italy ranks ninth with an import value of 322.6 million USD in 2022. The country has a strong industrial base and is known for its fashion and textile industries. Phthalic Anhydride and Terephthalic Acid are widely used in the production of textiles, plastics, and synthetic fibers, thus contributing to Italy's significant import volumes.

10. Spain

Spain closes the list of the top import markets with an import value of 302.4 million USD in 2022. The country's chemical, automotive, and packaging industries heavily rely on Phthalic Anhydride and Terephthalic Acid. Spain's geographic proximity to major European markets and its robust manufacturing sector ensure sustained demand for these chemical 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 demand for these chemical compounds, driven by their thriving industries and growing consumer base. The data provided in this article is sourced from the IndexBox market intelligence platform, which offers comprehensive market insights and statistics for various industries.

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 2012–2024
    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 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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