Global demand for purified terephthalic acid 2019 & 2020

Published by Statista Research Department, Mar 15, 2023
The global demand for purified terephthalic acid (PTA) decreased from 71 million metric tons in 2019 to 67 million metric tons in 2020. Possible explanations for this decrease include the impact of the COVID-19 pandemic and low crude oil prices.

PTA is a commodity chemical that is mainly used to produce polyethylene terephthalate.

Demand for purified terephthalic acid worldwide in 2019 and 2020 (in million metric tons)

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Release date

January 2021

Region

Worldwide

Survey time period

2019 and 2020

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