Dimethyl Terephthalate (DMT) Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Dimethyl Terephthalate Market in 2025 is evaluated at USD 1.21 billion. The global market size was worth more than USD 1.16 billion in 2024 and is poised to witness a CAGR of over 4.9%, crossing USD 2.16 billion revenue by 2037. North America is forecast to accumulate USD 734.4 million by 2037, fueled by rising public construction and demand for new thermostat components.
The growth of the market can be attributed to the rising availability of feedstock. Para-xylene (PX), and purified terephthalic acid (PTA) are the main feedstock used for producing DMT. Both of these components are derived from fossil fuels, therefore, there is no chance of shortage and thus there is a huge availability of raw materials to produce DMT, which is pushing the market growth.
In addition to these, factors that are believed to fuel the market growth of dimethyl terephthalate are technological advancements in the procedure of producing products from dimethyl terephthalate such as PET, polymer fibers, and others.
