Monday, 02 August 2021 07:53 GMT

Purified Isophthalic Acid (PIA) Market June 2021 Report On Research Report 2021, Size, CAGR Value, Growth Rate, Latest Trends, Future Demand, Business Investment Plans, SWOT Analysis, Forecast to 2030


(MENAFN - America News Hour)In a recent published report, Kenneth Research has updated the market report for Purified Isophthalic Acid (PIA) Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Purified Isophthalic Acid (PIA) Market products.

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Kenneth Research has recently added a report titled Purified Isophthalic Acid (PIA) Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2021 2030. Factors such as the growing advancements in the development of novel drugs, coupled with the growing health infrastructure in several nations worldwide are anticipated to drive the growth of the market in the coming years. Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth.

According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.

In this report, we analyze the Purified Isophthalic Acid (PIA) industry from two aspects. One part is about its production and the other part is about its consumption. In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers and the unit price that they offer in different regions from 2014 to 2019. In terms of its consumption, we analyze the consumption volume, consumption value, sale price, import and export in different regions from 2014 to 2019. We also make a prediction of its production and consumption in coming 2019-2024.

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At the same time, we classify different Purified Isophthalic Acid (PIA) based on their definitions. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What is more, the Purified Isophthalic Acid (PIA) industry development trends and marketing channels are analyzed.
Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.

Key players in global  Purified Isophthalic Acid (PIA) market  include:
LOTTE Chemical
Eastman
Beijing Yanshan Petrochemical
Mitsubishi Gas Chemical
Indorama
Perstorp
Formosa Chemicals & Fibre Corporation

Market segmentation, by product types:
Purity 99.9%
Purity 99.8%
Other

Market segmentation, by applications:
PET Resin
UPR Resin
Polyester
Others

Market segmentation, by regions:
North America
Europe
Asia Pacific
Middle East & Africa
Latin America

The report can answer the following questions:
1. What is the global (North America, South America, Europe, Africa, Middle East, Asia, China, Japan) production, production value, consumption, consumption value, import and export of Purified Isophthalic Acid (PIA)?
2. Who are the global key manufacturers of Purified Isophthalic Acid (PIA) industry? How are their operating situation (capacity, production, price, cost, gross and revenue)?
3. What are the types and applications of Purified Isophthalic Acid (PIA)? What is the market share of each type and application?
4. What are the upstream raw materials and manufacturing equipment of Purified Isophthalic Acid (PIA)? What is the manufacturing process of Purified Isophthalic Acid (PIA)?
5. Economic impact on Purified Isophthalic Acid (PIA) industry and development trend of Purified Isophthalic Acid (PIA) industry.
6. What will the Purified Isophthalic Acid (PIA) market size and the growth rate be in 2024?
7. What are the key factors driving the global Purified Isophthalic Acid (PIA) industry?
8. What are the key market trends impacting the growth of the Purified Isophthalic Acid (PIA) market?
9. What are the Purified Isophthalic Acid (PIA) market challenges to market growth?
10. What are the Purified Isophthalic Acid (PIA) market opportunities and threats faced by the vendors in the global Purified Isophthalic Acid (PIA) market?

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Objective of Studies:
1. To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Purified Isophthalic Acid (PIA) market.
2. To provide insights about factors affecting the market growth. To analyze the Purified Isophthalic Acid (PIA) market based on various factors- price analysis, supply chain analysis, Porte five force analysis etc.
3. To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, Latin America and Rest of the World.
4. To provide country level analysis of the market with respect to the current market size and future prospective.
5. To provide country level analysis of the market for segment by application, product type and sub-segments.
6. To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
7. To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Purified Isophthalic Acid (PIA) market.

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products'' demand, growth and opportunities for new and existing players.

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Darlene Dooley

Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.

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