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
China imposes export controls on some medium and heavy rare earths
China imposes export controls on key rare earths. We explore impacts, alternatives, and their effects on the global rare earth market.
$1,050
Insight
Trade War Tremors: How US-China tariffs reshape the petrochemical landscape
Analysis on the impact of tariffs on US and China petrochemicals industry
$900
Asset Report
Dikuluwe Mashamba - Cobalt Mine
A detailed analysis of the Dikuluwe-Mashamba copper cobalt mine.
$2,250
