In recent years, the development of PTA showed a low market potential with the recovery of the market economy and enterprises in China strengthened the technology innovation in PTA's quality. By the end of 2013, the Chinese production capacity was 33 million tons, about 1.8 million tons growth than 2012. In 2014, PTA production capacity grew at 14 million tons, by the end of 2014 the Chinese PTA total production capacity could exceed 50 million tons, which is the top place over the world. However, capacity surplus of PTA drives manufacturers in financial deficit.
Aim of the Report
- To provide readers with comprehensive and in- depth understanding of Chinese PTA industry;
- To evaluate capacity expansion in recent years, including new projects under construction;
- To discuss and analyze price fluctuation and find out its reasons;
- To reveal detailed consumption situation of PTA in China;
- To analyze the profitability of PTA industry;
- To analyze market size of the industry;
- To reveal opportunities for PTA industry in global and China.