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Exhibition Status Update!

With 3 weeks until SHOWTIME, the 20th Anniversary edition welcomes an All-Star cast of new and returning exhibitors, making up the largest DOMOTEX asia/CHINAFLOOR to date. Due to high demand in all product...

Global designers to exhibit at Luxury Br…

Designers from Europe, Middle East and North America will exhibit at the upcoming Luxury Brands Carpet Show. The second edition of the curated Luxury Brands exhibition and designer carpet collection is scheduled to...

H&M to dress Swedish teams for Olymp…

Hennes and Mauritz Group (H&M) will dress the Swedish teams for the Winter Olympics and Paralympics in PyeongChang 2018. The company will create outfits for the opening and closing ceremonies. The collection will...

Saurer to show Allma TechnoCorder TC2 at…

Saurer Technologies GmbH & Co. KG Twisting Solutions, a leading provider of energy efficient solutions for tire cord, carpet, staple, glass filament, and industrial yarns, will present its Allma TechnoCorder TC2 innovative machine...

Cone Denim and Unifi launch S Gene with …

Cone Denim and Unifi have launched the latest in advanced stretch technology - S Gene with Repreve . Combining the advanced stretch technology of S Gene with the superior sustainability and performance of...

Shima Seiki to partake in Premiere Visio…

Leading computerised knitting machine developer, Shima Seiki Mfg., Ltd., is set to participate at the Premiere Vision show, a global event for fashion professionals, to be held in Paris, from February 13 to 15, 2018...

Measurably more productive and econom- i…

Even if the winding machine is only responsible for about 10-15% of the energy consumption (compressed air and electrical energy) when considering the classic ring spinning process, these criteria play an important role...

Wool to dominate at Intertextile Shangha…

Some 3,300 exhibitors from around 20 countries covering all apparel fabrics and accessories product groups are expected at the Spring Edition of the industry’s most comprehensive sourcing platform for the spring/summer season, Intertextile...

Asia Pacific to lead global purified terephthalic acid demand growth by 2020


The growing popularity of family-pack bottles, and a shift towards light-weight bottles that use less PET are some of the trends that might harm the growth in demand for PET.

The growing popularity of family-pack bottles, and a shift towards light-weight bottles that use less PET are some of the trends that might harm the growth in demand for PET.


The Asia-Pacific region will continue to be the largest market in the world for Purified Terephthalic Acid (PTA) by 2020, thanks to the region’s improving living standards, cross-industry usage of PTA products and expanding manufacturing industries, according to the latest report by business intelligence provider GBI Research.


The report shows that the global demand for PTA is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.3% from 2011, reaching 66 million tons in 2020, with Asia-Pacific expected to account for around 82% of its demand. The market will also be driven by North America (6% demand) and Europe (5%), followed by Latin America (4%) and the Middle East and Africa (3%).


PTA is a chemical derived from crude oil that is mainly used to produce polyester fiber, which textile and home furnishing industries require to produce garments such as clothes, curtains and bed sheets.


“China has emerged as a global textile manufacturing hub because production in the country benefits from low-cost labor,” says Ganesh Dabholkar, senior analyst with GBI Research. “With more PTA plants planned for installation in the region, Asia-Pacific is expected to drive and dominate the PTA market for the foreseeable future.”


PTA is a precursor to polyethylene terephthalate (PET), which is used in the bottling and packaging industry. Although PET accounts for a little less than 30% of the total PTA consumption in the world, GBI Research expects that the changing dynamics of the PET industry might have an impact on the total market for PTA.


“The increased use of recyclable PET, the growing popularity of family-pack bottles, and a shift towards light-weight bottles that use less PET are some of the trends that might harm the growth in demand for PET, which in turn will affect demand for PTA,” says Dabholkar.

“Moreover, the slowing consumption of soft drinks from increasingly health-conscious populations, coupled with a decline in demand for packaged drinking water, is expected to damage the PET market even further.”


However, industries related to the production of beer and other alcoholic beverage bottles as well as household product containers are still dominated by the usage of glass, which could be an untapped market for PET and PTA consumption.

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Persian Sarouk rugs are highly regarded

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interview with Mr. Saleh Nasser Alsoray…

interview with Mr. Saleh Nasser Alsorayai Managing Director of Alsorayai Machine ...

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Interview Mr. Ahmad Sadeghian

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Interview with Mrs Ulrike Wechsung

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Kohan Textile Journal

Middle East Textile Journal

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