Dimethyl Terephthalate Market Analysis

  • Report ID: 5179
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Dimethyl Terephthalate Market Analysis

Application (Polybutylene Terephthalate Resin, Polyethylene Terephthalate Resin)

The polyethylene terephthalate resin segment is estimated to hold about 60% share of the global dimethyl terephthalate market in the year 2037. The growth of the segment can be attributed to the rising use of DMT in the production of polyethylene terephthalate resin (PET resin)), which is used for the production of packaging materials, synthetic fibers, and different beverage containers. In addition to this, these synthetic fibers are used in apparel, home furnishing, textiles, and industrial textiles. The wide range of applications of polyethylene terephthalate resin is driving the growth of the segment.

End Users (Packaging, Construction, Electronics, Automobiles)

Dimethyl terephthalate market from the packaging segment is expected to garner a significant share of around 40% in the year 2037. The growing demand for plastic containers for packaging and rising consumption of packaged water bottles is expected to augment the growth of the segment. In the world, around 446 billion liters of water consumed through plastic bottles are used every year. Moreover, globally around 1 million water bottles are used every minute.

Our in-depth analysis of the global DMT market includes the following segments:

  Form

  • Liquid DMT
  • Flake DMT

  Application

  • Polybutylene Terephthalate Resin
  • Polyethylene Terephthalate Resin

  End User

  • Packaging
  • Construction
  • Electronics
  • Automobiles
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 5179
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of dimethyl terephthalate is evaluated at USD 1.21 billion.

The dimethyl terephthalate market size was valued at USD 1.16 billion in 2024 and is likely to exceed USD 1.97 billion by the end of 2037, expanding at over 4.9% CAGR during the forecast period i.e., between 2025-2037. Increasing production of polyester fibers, and growing consumption of PET containers will boost the market growth.

North America industry is expected to be the largest with a share of about 34% by 2037, backed by rising public construction, such as highways, streets, roads, bridges in the region.

The major players in the market include Indorama Ventures, SABIC, Farmosa Chemicals & Fiber Corporation, Alpek, Reliance Industries Limited, Eastman Chemical Company, SK Chemicals, SASA Polyester Sanayi A.S., INVISTA, Fiber Intermediate Products Company.
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