The global demand for purified terephthalic acid (PTA) decreased from ** million metric tons in 2019 to ** million metric tons in 2020. Possible explanations for this decrease include the impact of the COVID-19 pandemic and low crude oil prices.
PTA is a commodity chemical that is mainly used to produce polyethylene terephthalate.
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Indorama Ventures. (January 27, 2021). Demand for purified terephthalic acid worldwide in 2019 and 2020 (in million metric tons) [Graph]. In Statista. Retrieved July 15, 2025, from https://www.statista.com/statistics/1234811/purified-terephthalic-acid-demand-worldwide/
Indorama Ventures. "Demand for purified terephthalic acid worldwide in 2019 and 2020 (in million metric tons)." Chart. January 27, 2021. Statista. Accessed July 15, 2025. https://www.statista.com/statistics/1234811/purified-terephthalic-acid-demand-worldwide/
Indorama Ventures. (2021). Demand for purified terephthalic acid worldwide in 2019 and 2020 (in million metric tons). Statista. Statista Inc.. Accessed: July 15, 2025. https://www.statista.com/statistics/1234811/purified-terephthalic-acid-demand-worldwide/
Indorama Ventures. "Demand for Purified Terephthalic Acid Worldwide in 2019 and 2020 (in Million Metric Tons)." Statista, Statista Inc., 27 Jan 2021, https://www.statista.com/statistics/1234811/purified-terephthalic-acid-demand-worldwide/
Indorama Ventures, Demand for purified terephthalic acid worldwide in 2019 and 2020 (in million metric tons) Statista, https://www.statista.com/statistics/1234811/purified-terephthalic-acid-demand-worldwide/ (last visited July 15, 2025)
Demand for purified terephthalic acid worldwide in 2019 and 2020 (in million metric tons) [Graph], Indorama Ventures, January 27, 2021. [Online]. Available: https://www.statista.com/statistics/1234811/purified-terephthalic-acid-demand-worldwide/