Aromatic polycarboxylic acids market

Aromatic polycarboxylic acids market: discover new data provided by an Ai-driven BI tool. Data cover market prices, production, exports, market size, companies, imports, consumption, and trade. There is a split by country, including China, the U.K., Russia, Africa, EU, the U.S., the Middle East, and Latin America. Market trends and outlook to 2030 are also provided in the reports.

Aromatic Polycarboxylic Acids - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by Russia.

From 2018 to 2020, the average annual rate of growth in terms of value in China was relatively modest. In the other countries, the average annual rates were as follows: India (+4.2% per year) and Russia (-5.1% per year).

Aromatic Polycarboxylic Acids, Their Anhydrides, Halides, Peroxides, Peroxyacids And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Prices

Aromatic Polycarboxylic Acids, Their Anhydrides, Halides, Peroxides, Peroxyacids and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives - Top Importers

In value terms, the largest aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their halogenated, sulphonated, nitrated or nitrosated derivatives importing markets worldwide were China ($384M), the United States ($194M) and Egypt ($148M), with a combined 36% share of global imports.

Among the main importing countries, Egypt (+387.2% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Aromatic Polycarboxylic Acids, Their Anhydrides, Halides, Peroxides, Peroxyacids and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives - Top Exporters

In value terms, South Korea ($453M) remains the largest aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their halogenated, sulphonated, nitrated or nitrosated derivatives supplier worldwide, comprising 26% of global exports. The second position in the ranking was occupied by China ($225M), with a 13% share of global exports. It was followed by the United States, with a 11% share.

From 2018 to 2020, the average annual rate of growth in terms of value in South Korea totaled -21.8%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-18.3% per year) and the United States (-14.6% per year).

Aromatic Polycarboxylic Acids, Their Anhydrides, Halides, Peroxides, Peroxyacids and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives - Market Forecast

Driven by increasing demand for aromatic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their halogenated, sulphonated, nitrated or nitrosated derivatives worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Aromatic Polycarboxylic Acids - Product Coverage

• HS 291737 - Acids; aromatic polycarboxylic acids; dimethyl terephthalate
• HS 291739 - Acids; aromatic polycarboxylic acids; n.e.s. in item no. 2917.3