Terephthalic Aldehyde Market is expected to witness -3.8

Terephthalic Aldehyde Market

November 2020

Report Id : REP-GB-487

Published on : 2018-04-19

Category : Chemicals and Materials

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Research Methodology (1/2)

Systematic Research Approach

Market profiling

Formulating discussion guide

Developing list of respondents

Data collection

Data validation

4

5

3

1

2

In-depth secondary research is used to

ascertain overall market size, top

industry players, top products, industry

associations, etc.

FMI formulates a detailed discussion

guide to conduct expert and industry

interviews

FMI develops a list of industry players

(manufacturers), distributors, retailers

and industry experts

FMI conducts interviews with industry

experts, industry players, distributors

and retailers

Data is validated by triangulation

method, wherein secondary, primary

and FMI analysis contribute to the final

data

Data

Collection

Data Filter

& Analysis

Identifying key opinion leaders

Questionnaire design

In-depth interviews

Coverage across value chain

Market participants

Key strengths

Product portfolio

Mapping as per value chain

Key focus segments

A

Primary

Research

C

Company

Analysis

Research &

Intelligence

SOLUTION

Actionable

Insights

B

Desk

Research

Business

Solution

Key industry experts

Channel study

Developments

Market dynamics

Products

Conclusions

Data analysis

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Data is scrutinized using MS-Excel to

obtain qualitative and quantitative

insights about the industry

Primary Research #

Secondary Research #

Paid Publications#

Insights

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Terephthalic Aldehyde Market Analysis

Overview of the global terephthalic aldehyde market with reference to the global chemicals industry

Recycle and reuse practices are impacting the sales of virgin materials, resulting into lesser dependency on volumedriven

growth. New materials are showcasing potential for driving value-based growth, but chemical companies are

still some time away from achieving voluminous production, while maintaining high quality at the same time. Barring

few exceptions, a majority of players are still prioritizing short-term volume growth over long-term value growth.

Pressure on improving bottom-line is influencing manufacturers to improve efficiency and reduce operational costs.

The impact of value-driven growth may not be visible in the short-term, but long-term outlook remains in favor of a

balanced approach between value and volume.

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Manufacturers are under increasing pressure to incorporate digital solutions in their offerings. Forward-thinking

manufacturers are investing in technology to reduce human interference and streamline key operational aspects such

as ordering and shipping. Resonating its influence over every industry, Internet of Things (IoT) has the potential to

transform and disrupt the chemical sector. Connectivity through IoT devices is gaining traction, whereas product-level

sensors on dispensing equipment and barrels are helping manufacturers track their consignments digitally. Through

assessment of long-term benefits, chemical companies are capitalizing on digitization by adopting digital platforms &

processes that eliminate human error in profit-associated operations.



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Manufacturers continue seeking low-priced feedstock in a bid to marginally reduce pre-production costs. Industry leaders

are joining forces to replace fossil fuel-derived feedstock with bio-based alternatives. However, concerns related to

producing affordable and sustainable feedstock at mass scale remains a challenge. Access to quality and affordable

feedstock will continue to remain a focus area for manufacturers. Chemical manufacturing processes are running on

limited energy, while volume of feedstock is getting stranded at ports as disapproval from import authorities keeps

disrupting supply chains in sectors, such as oleochemicals and petrochemicals industries.

Chemical manufacturers have promised support and adherence to governments & regional authorities that are

committing towards green, sustainable initiatives. Development of bio-alternatives is gaining momentum. Research &

academic institutes are teaming up with manufacturers to formulate sustainable substitutes for commonly-used chemical

substrates. Many companies are keeping a close eye on advancements in “green chemistry.” Shift towards eco-friendly

chemicals will gain momentum in the future on the back of government regulations and end-user preference. Rising costs

of fossil fuels will also instrument the upsurge for sustainable chemicals manufacturing.

Research Methodology

FMI utilizes robust methodology and approach to arrive at market size and related projections. The research

methodology for this report is based on 3 dimensional model. We conduct about 45-60 min duration detailed interviews

with product manufacturers; apart from this we also collect market feedback from industry experts.



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To validate this data, we interact with senior panel members having more than 10 years of experience in relevant field.

The panel members help in validating the findings and fill the gaps if any. In addition, we leverage on our existing pool

of information, paid database and other valid information sources available in public domain. Usually industry

interactions extend to more than 50+ interviews from market participants across the value chain.

Market Taxonomy

The global terephthalic aldehyde market has been segmented into:

By Application

Optical Brightener

Polymers

Pharmaceutical Intermediates

Others

By Grade

Pharma/Super Grade

Technical Grade

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By Region

Asia Pacific Excl. China

China

Americas

EMEA (Europe, Middle East & Africa)



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Terephthalic Aldehyde Market is expected to witness -3.8

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