The dimethyl terephthalate market is forecasted to grow by USD 257.56 mn during 2023-2028, accelerating at a CAGR of 4.75% during the forecast period. The report on the dimethyl terephthalate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of bio-based DMT and its production, growing shift toward sustainable packaging solutions, and increasing adoption of digitalization and Industry 4.0 practices.
Technavio's dimethyl terephthalate market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
4.35%
CAGR
4.75%
Incremental Value
$257.56mn
By Application
Polyethylene terephthalate
Polybutylene terephthalate
By Type
Flake (solid) DMT
Liquid DMT
By Geographical Landscape
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the advancements in enzymatic catalysis as one of the prime reasons driving the dimethyl terephthalate market growth during the next few years. Also, expansion of pet recycling infrastructure and growing investments and collaborations related to DMT production will lead to sizable demand in the market.
The report on the dimethyl terephthalate market covers the following areas:
Dimethyl terephthalate market sizing
Dimethyl terephthalate market forecast
Dimethyl terephthalate market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading dimethyl terephthalate market vendors that include BLD Pharmatech Ltd, Chengdu Sustar Feed Co. Ltd., Connect Chemicals GmbH, Eastman Chemical Co., Fiber Intermediate Products Co., Haihang Industry Co. Ltd., Indorama Ventures Public Co. Ltd., Kanto Chemical Co. Inc., Kishida Chemical Co. Ltd., Merck KGaA, Muby Chemicals, National Analytical Corp., OAO Mogilevkhimvolokno, OXXYNOVA GmbH, Sarna Chemical Pvt. Ltd., Sasa Polyester Sanayi A.S., Simson Pharma Ltd., SK Chemicals Co. Ltd., Teijin Ltd., Tokyo Chemical Industry Co. Ltd., and Vizag Chemical International. Also, the dimethyl terephthalate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
4.1 Global dimethyl terephthalate market 2018 - 2022
4.2 Application Segment Analysis 2018 - 2022
4.3 Type Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Application
6.1 Market segments
6.2 Comparison by Application
6.3 Polyethylene terephthalate (PET) - Market size and forecast 2023-2028
6.4 Polybutylene terephthalate (PBT) - Market size and forecast 2023-2028
6.5 Market opportunity by Application
7 Market Segmentation by Type
7.1 Market segments
7.2 Comparison by Type
7.3 Flake (solid) DMT - Market size and forecast 2023-2028
7.4 Liquid DMT - Market size and forecast 2023-2028
7.5 Market opportunity by Type
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
9.4 North America - Market size and forecast 2023-2028
9.5 Europe - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028