Rising demand for purified terephthalic acid (PTA) in polyester powder coating resins, PET resins and unsaturated polyester resins for fiberglass-reinforced plastic is expected to augment industry expansion over the forecast period. The Global Purified Terephthalic Acid (PTA) Market is expected to reach USD 110.66 billion by 2025, according to a new report by Grand View Research, Inc. Growing consumption of the product owing to its superior properties including excellent weathering, good chemical and stain resistance, good hardness, flexibility and glass transition temperature range is projected to propel industry expansion. Rising consumption of the product in home furnishing and bottling is expected to stimulate industry growth. Increasing demand for the PTA films in construction and commercial industries owing its superior tensile strength, good dimensional stability, high optical clarity, less moisture absorption, and excellent electrical properties is expected to spur indust...