Global textile industry facing 2023 ‘perfect storm’

Micheal Johnson

World wide textile sector experiencing 2023 ‘perfect storm.’ Credit score: [Roberto Westbrook- Getty Images] The 19th edition of the ITMF World wide Textile Sector Survey uncovered that the international company scenario in the textile sector has been detrimental given that June 2022 and is nonetheless deteriorating. Firms about the environment […]

Purified Terephthalic Acid (PTA) Market size to grow by USD 45.16 billion from 2022 to 2027, Increase in demand from the textile industry to drive the market growth

NEW YORK, April 21, 2023 /PRNewswire/ — The global purified terephthalic acid (PTA) market size is estimated to increase by USD 45.16 billion from 2022 to 2027. The market’s growth momentum will progress at a CAGR of 8.46{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} during the forecast period. The PTA market is predominantly driven by the increase in demand from […]