Terephthalic acid (C6H4(CO2H)2) is a crystalline organic acid, appearing white in color, and serves predominantly as a precursor to polyester PET. With a molecular mass of 166.132 g-mol-1, it comprises eight carbon, six hydrogen, and four oxygen atoms. This compound is insoluble in water, slightly soluble in hot ethanol, and readily soluble in alkali solutions. Additionally, it dissolves in common solvents like acetic acid, chloroform, and ether. Its melting point is approximately 300°C.
Commercially synthesized through the Amoco process, which involves the catalytic oxidation of p-xylene, terephthalic acid plays a pivotal role in PET production, catering to various industrial needs.
The primary importing nations for terephthalic acid include the United States, India, and Pakistan, while leading exporters encompass Mexico, South Korea, and India.
For Terephthalic acid Price Index, please refer to reliable market sources.
Request for Real-Time Terephthalic acid Prices: https://procurementresource.com/resource-center/terephthalic-acid-price-trends/pricerequest
Key Details About the Terephthalic acid Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Terephthalic acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Terephthalic acid Price chart, including India Terephthalic acid price, USA Terephthalic acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Terephthalic acid Price Trend:
Terephthalic acid, an organic chemical, serves as a crucial precursor to polyester PET, widely utilized in the production of various polyester fibers known for their excellent qualities such as ease of care, washing, and usage. This versatile material can be employed in its pure form or blended with other synthetics for commercial purposes. Moreover, it finds application as a carrier in paint production, imparting corrosion and stain resistance to coatings.
Furthermore, terephthalic acid acts as a key raw material for manufacturing various plastics, including dibutyl terephthalate and dioctyl terephthalate. It also serves as an essential component in research labs for synthesizing metal-organic frameworks and certain pharmaceutical drugs utilized by the pharmaceutical industry.
Key Players:
- BP
- China Petrochemical (Sinopec Group)
- Mitsubishi Chemical Holdings
- Reliance Industries
- Eastman
News & Recent Development
- Date: March 9,2023- The Indian Oil Corporation plans to build a paraxylene and Purified Terephthalic acid (PX-PTA) unit in Odisha, with a capacity of 1.2 MMTPA. The project costs around 13,805 Crore and is expected to be completed by January 2024.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
