Insight
China’s PTA market after recent capacity ramp-up: evolving into an oligopoly market
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Investment in the PTA market has been gathering momentum after a tightly balanced 2019. In 2020-2026, the world is going to add a stunning 49.4 Mtpa capacity. 87% of new assets will be in China, exerting downward pressure on margins and operating rates. This wave of investment is going to change the landscape of China’s PTA market forever. We will see the rise of some leading PTA producers who are major investors in the next five years. While consolidating their market positions, major producers are shaping a new PTA market. Armed with financial tools, these oligarchies know how to achieve their financial targets and survive the pro-longed low-margin period following the capacity ramp-up.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Rare earths: 5 things to look for in 2026
How will China's supply dominance and the global drive for alternatives shape the rare earth market in 2026?
$1,050
Insight
Copper: 5 things to look for in 2026
Five major themes that will shape the copper market in 2026
$1,050
Insight
Iron ore: 5 things to look for in 2026
Five major themes that will shape the iron ore market in 2026
$1,050
