The Purified Isopthalic Acid Market is projected to grow at a rate of 6.0 percent in terms of value, from 2018 to reach USD 2.37 Billion by 2028.  Isophthalic acid is an aromatic colorless organic compound which serves as an isomer of terepthalic acid and phthalic acid and is industrially manufactured by the oxidizing meta-xylene.

Reports and Data has recently published a novel report on global Purified Isopthalic Acid Market to offer a comprehensive analysis of the Isopthalic Acid industry and users, investors and readers to understand current and emerging market trends to make investment plans accordingly. The report offers a details about market size, market share, revenue growth, drivers, restraints, growth opportunities and market limitations. The report is curated using advanced analysis tools like Porter’s five force and SWOT analysis. The report also sheds light on changes in the market dynamics during the COVID-19 outbreak. 

Some of the leading players in the global Purified Isopthalic Acid Market:

Mitsubishi Gas Chemical Company, Lotte Chemical Corporation, British Petroleum, Exxonmobil, Perstorp, Total Petrochemicals, Eastman Chemical Company, Koch Chemical Company, AG International Chemical Company Inc. and Versalis S.P.A.

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Market Scenario:

The materials and chemicals sector has significantly grown over the recent years and is expected to register robust revenue CAGR over the forecast period. The materials and chemicals sector comprises daily wear products such as detergents, perfumes, soaps, and other raw materials and chemicals used in the manufacturing of other products. There has been a significant increase in the demand for raw materials and chemicals across various industrial sectors such as healthcare and pharmaceuticals, automotive, agriculture, manufacturing, paint, and food and beverages among others. Factors such as increasing awareness about green energy and excess carbon emission, changing consumer preference, growing adoption of biodegradable, sustainable and eco-friendly products, and rapidly expanding industries and building and construction sector are expected to boost global market revenue growth going ahead.

Competitive Landscape:

The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.

Key questions addressed in the report:

• What is the expected market size of the global Purified Isopthalic Acid Market during the forecast period?
• What CAGR is the global market expected to register during the forecast period?
• Which key factors are expected to boost global market growth between 2021 and 2028?
• What are the key restraints that are expected to hamper global market growth?
• Which regional market is expected to register robust CAGR during the forecast period?
• Which key players are operating the global Purified Isopthalic Acid Market?

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Purified Isopthalic Acid Market Segmentation:

Type Outlook:

• 99% Pure
• 5% Pure
• Others

Physical State Outlook:

• Crystal
• Powder
• Liquid

Grade Outlook:

• Industrial
• Technical
• Reagent
• Others

Application Outlook:

• PET Copolymer
• Unsaturated Polyester Resin
• Surface Coating Resins
• Amorphous Polyamide Resins
• Others

End-Use Industry Outlook:

• Paint
• Coating
• Plastic
• Packaging
• Chemical
• Automotive
• Others

Regional Outlook:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

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