Product Code: ETC349406 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Malaysia Terephthalic Acid Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 6.04% in 2025, growth builds up to 9.19% by 2029.
The Terephthalic Acid market in Malaysia is projected to grow at a growing growth rate of 7.09% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The outlook for terephthalic acid in Malaysia may be influenced by its applications in the textile and plastics industries. Demand for polyester fibers and packaging materials could impact the growth of this market.
The Malaysia terephthalic acid market is closely tied to the polyester industry. Terephthalic acid is a key raw material for the production of polyethylene terephthalate (PET) resin, which is used in various applications, including packaging, textiles, and bottles. The market is likely to grow in line with the expansion of these sectors, with a focus on sustainability and recyclability playing a pivotal role in market dynamics.
The terephthalic acid market in Malaysia is expected to witness steady growth driven by the demand from the textile and packaging industries. Challenges may arise from fluctuations in raw material prices and the need for sustainable production methods.
The Malaysia terephthalic acid market, a key component in the production of polyester fibers and plastics, has been influenced by global economic dynamics and shifts in consumer preferences. The COVID-19 pandemic disrupted supply chains and reduced industrial activities, impacting this market`s performance. Additionally, growing environmental concerns have prompted the exploration of sustainable alternatives to traditional plastics, affecting the demand for terephthalic acid. To adapt to changing market dynamics, industry stakeholders are expected to invest in research and development of eco-friendly materials and explore new applications for terephthalic acid.
The terephthalic acid market in Malaysia is exhibiting steady growth, fueled by the demand from the textile and packaging industries. Prominent companies in this market include Indorama Ventures, SABIC, and Eastman Chemical.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Terephthalic Acid Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Terephthalic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Terephthalic Acid Market - Industry Life Cycle |
3.4 Malaysia Terephthalic Acid Market - Porter's Five Forces |
3.5 Malaysia Terephthalic Acid Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Malaysia Terephthalic Acid Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Malaysia Terephthalic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for PET (polyethylene terephthalate) packaging in various industries |
4.2.2 Increasing investments in the textile industry, where terephthalic acid is used in polyester fibers |
4.2.3 Government initiatives promoting the use of bio-based terephthalic acid to reduce environmental impact |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from other regions producing terephthalic acid |
4.3.3 Stringent regulations regarding environmental impact and waste management in the chemical industry |
5 Malaysia Terephthalic Acid Market Trends |
6 Malaysia Terephthalic Acid Market, By Types |
6.1 Malaysia Terephthalic Acid Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Terephthalic Acid Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Malaysia Terephthalic Acid Market Revenues & Volume, By Amoco Process, 2021-2031F |
6.1.4 Malaysia Terephthalic Acid Market Revenues & Volume, By Cooxidation, 2021-2031F |
6.1.5 Malaysia Terephthalic Acid Market Revenues & Volume, By Multistage Oxidation, 2021-2031F |
6.1.6 Malaysia Terephthalic Acid Market Revenues & Volume, By Henkel Process, 2021-2031F |
6.2 Malaysia Terephthalic Acid Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Terephthalic Acid Market Revenues & Volume, By Cyclohexanedimethanol Production, 2021-2031F |
6.2.3 Malaysia Terephthalic Acid Market Revenues & Volume, By Plasticisers, 2021-2031F |
6.2.4 Malaysia Terephthalic Acid Market Revenues & Volume, By Liquid Crystal Polymers, 2021-2031F |
6.2.5 Malaysia Terephthalic Acid Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.6 Malaysia Terephthalic Acid Market Revenues & Volume, By Bottling And Packaging, 2021-2031F |
7 Malaysia Terephthalic Acid Market Import-Export Trade Statistics |
7.1 Malaysia Terephthalic Acid Market Export to Major Countries |
7.2 Malaysia Terephthalic Acid Market Imports from Major Countries |
8 Malaysia Terephthalic Acid Market Key Performance Indicators |
8.1 Research and development expenditure on bio-based terephthalic acid |
8.2 Adoption rate of PET packaging in the food and beverage industry |
8.3 Investment in infrastructure for polyester fiber production in Malaysia |
9 Malaysia Terephthalic Acid Market - Opportunity Assessment |
9.1 Malaysia Terephthalic Acid Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Malaysia Terephthalic Acid Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Malaysia Terephthalic Acid Market - Competitive Landscape |
10.1 Malaysia Terephthalic Acid Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Terephthalic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |