BEIJING--January 31, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Terephthalic acid (PTA) is an important raw material for polyesters for powder and water-soluble coatings. As the world's largest producer, China's production capacity accounted for about 67% of the world's total in 2021. From 2018 to 2022, China's PTA production capacity shows a trend of increasing, but the growth rate is gradually slowing down.
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