Dimethyl Terephthalate Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Dimethyl terephthalate (DMT) is chemical compound made by the esterification of terephthalic acid. DMT are solid with white color and it dissolved in methanol & other solvents. Dimethyl terephthalate has low melting point, neutral pH. It can react with substances which are susceptible to degradation at high temperatures. Dimethyl terephthalate often used for the production of polyesters like polyethylene terephthalate (PET), polytrimethylene terephthalate (PTT), and polybutylene terephthalate (PBT) and others. It is available for different applications in the two different i.e. flake (solid) DMT and liquid DMT.

MARKET DYNAMICS

The growing demand of dimethyl terephthalate for production of polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) will drive the demand growth for the dimethyl terephthalate (DMT) market. Predominantly, the availability of cost effective substitutes like purified terephthalic acid may hinder the growth for dimethyl terephthalate (DMT) market. However, development of bio-based DMT will create opportunity for the terephthalate (DMT) market.

MARKET SCOPE

The "Dimethyl Terephthalate Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the dimethyl terephthalate market with detailed market segmentation by product form, application and region. The dimethyl terephthalate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading dimethyl terephthalate market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The dimethyl terephthalate market is segmented on the basis of product form and application. On the basis of product form, the dimethyl terephthalate market is segmented into, flake (solid) DMT, liquid DMT. On the basis of application, the dimethyl terephthalate market is segmented into polyethylene terephthalate (PET), polybutylene terephthalate (PBT), others.

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the dimethyl terephthalate market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Dimethyl terephthalate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the dimethyl terephthalate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the dimethyl terephthalate market in these regions.

Dimethyl Terephthalate Market Report Analysis

Dimethyl Terephthalate Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• A.B. Enterprises
• Eastman Chemical Company
• Fiber Intermediate Products Co.
• JSC Mogilevkhimvolokno
• Merck KGaA
• Sarna Chemicals Pvt. Ltd.
• SASA
• SK Petrochemical Co.,Ltd
• TCI Chemicals

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Product Form

• Flake DMT
• Liquid DMT

By Application

• Polyethylene Terephthalate
• Polybutylene Terephthalate

MARKET PLAYERS

The reports cover key developments in the dimethyl terephthalate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from dimethyl terephthalate market are anticipated to lucrative growth opportunities in the future with the rising demand for dimethyl terephthalate in the global market. Below mentioned is the list of few companies engaged in the dimethyl terephthalate market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dimethyl terephthalate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  A.B. Enterprises
•  Eastman Chemical Company
•  Fiber Intermediate Products Co.
•  JSC Mogilevkhimvolokno
•  Merck KGaA
•  Sarna Chemicals Pvt. Ltd.
•  SASA
•  SK Petrochemical Co.,Ltd
•  TCI Chemicals
•  Teijin Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Dimethyl Terephthalate Market Report Scope