Market Overview:
The global dimethyl terephthalate (DMT) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PET and PBT from various end-use industries, such as automotive, packaging, and electrical & electronics. In terms of volume, the liquid DMT segment is projected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its growing demand from end-use industries such as automotive and packaging.
Product Definition:
A colorless, oily liquid used to make polyethylene terephthalate, a strong and lightweight plastic used in beverage bottles and other containers.
Flake DMT:
Flake DMT, also known as d-Methyl Terephthalate (DMT), is a chemical intermediate used in the manufacturing of polyester resin. It is a colorless liquid with an odor similar to that of fresh paint. The flake DMT market has been growing at a steady pace owing to its increasing demand for producing polyester resins and other chemicals such as dimethyl terephthalate (DMT).
Oval DMT:
Oval DMT is a form of dimethyl terephthalate (DMT) used in the manufacturing process of polyester resin. It has an important application in the production of fibers for textiles and industrial yarns. The product is also used as a plasticizer for PVC resins, which are further utilized to manufacture flexible PVC pipes & fittings, vinyl flooring sheets & films and other products such as shower curtains, garbage bags & liners among others.
Application Insights:
The PET application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. The demand for PET bottles and packaging is primarily driven by its advantages including lightweight, high durability, clarity, barrier properties and low cost. These factors are anticipated to propel the growth of this application segment over the coming years.
Other applications include polybutylene terephthalate (PBT), butadiene rubber (BR), nylon 6 & nylon 66 and others such as polycarbonate & PC/ABS blends which collectively accounted for a significant share in 2017. BR production involves both petrochemical feedstock as well as chemical processing aspects; hence it has attracted considerable attention from across various industries owing to economies of scale associated with it which makes it suitable for use in tires among other things.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand from various end-use industries, such as packaging, automotive, and electrical & electronics. In addition, rising disposable income levels in emerging economies of Asia Pacific are anticipated to fuel product consumption in personal care products such as shampoos and soaps.
The industry in Europe is projected to witness moderate growth over the next eight years owing to stringent government regulations regarding VOC emissions coupled with high manufacturing costs for liquid DMT compared with other regions. Latin America has a significant share of automobile manufacturers who use DMT flakes for producing paints & coatings used on interior parts of vehicles including seats and door panels instead of petrochemical-derived PET resins due their superior performance characteristics including resistance against moisture corrosion heat aging etc., which will drive regional market development over the coming years.
Growth Factors:
- Increasing demand from end-use industries such as textiles, automotive and packaging is expected to drive the growth of the Dimethyl Terephthalate market over the forecast period.
- Rising awareness about environment-friendly products is projected to fuel the demand for Dimethyl Terephthalate in the near future.
- Growing investments by leading players in research and development activities is likely to propel market growth during the forecast period.
- Stringent government regulations regarding environmental protection are anticipated to create new opportunities for Dimethyl Terephthalate manufacturers in forthcoming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Dimethyl Terephthalate Market Research Report
By Type
Flake DMT, Oval DMT, Liquid DMT
By Application
PET, PBT, Others
By Companies
SASA, Oxxynova, Teijin, JSC Mogilevkhimvolokno, INVISTA, Eastman, Fiber Intermediate Products, SK, SASA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Dimethyl Terephthalate Market Report Segments:
The global Dimethyl Terephthalate market is segmented on the basis of:
Types
Flake DMT, Oval DMT, Liquid DMT
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
PET, PBT, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SASA
- Oxxynova
- Teijin
- JSC Mogilevkhimvolokno
- INVISTA
- Eastman
- Fiber Intermediate Products
- SK
- SASA
Highlights of The Dimethyl Terephthalate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flake DMT
- Oval DMT
- Liquid DMT
- By Application:
- PET
- PBT
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dimethyl Terephthalate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dimethyl terephthalate (DMT) is a chemical compound with the formula C6H5(CH2)4. It is a colorless, viscous liquid that has a sweet odor. DMT is used in the manufacture of polyesters and other plastics.
Some of the major players in the dimethyl terephthalate market are SASA, Oxxynova, Teijin, JSC Mogilevkhimvolokno, INVISTA, Eastman, Fiber Intermediate Products, SK, SASA.
The dimethyl terephthalate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dimethyl Terephthalate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dimethyl Terephthalate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dimethyl Terephthalate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dimethyl Terephthalate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dimethyl Terephthalate Market Size & Forecast, 2018-2028
4.5.1 Dimethyl Terephthalate Market Size and Y-o-Y Growth
4.5.2 Dimethyl Terephthalate Market Absolute $ Opportunity
Chapter 5 Global Dimethyl Terephthalate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dimethyl Terephthalate Market Size Forecast by Type
5.2.1 Flake DMT
5.2.2 Oval DMT
5.2.3 Liquid DMT
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dimethyl Terephthalate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dimethyl Terephthalate Market Size Forecast by Applications
6.2.1 PET
6.2.2 PBT
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dimethyl Terephthalate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dimethyl Terephthalate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dimethyl Terephthalate Analysis and Forecast
9.1 Introduction
9.2 North America Dimethyl Terephthalate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dimethyl Terephthalate Market Size Forecast by Type
9.6.1 Flake DMT
9.6.2 Oval DMT
9.6.3 Liquid DMT
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dimethyl Terephthalate Market Size Forecast by Applications
9.10.1 PET
9.10.2 PBT
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dimethyl Terephthalate Analysis and Forecast
10.1 Introduction
10.2 Europe Dimethyl Terephthalate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dimethyl Terephthalate Market Size Forecast by Type
10.6.1 Flake DMT
10.6.2 Oval DMT
10.6.3 Liquid DMT
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dimethyl Terephthalate Market Size Forecast by Applications
10.10.1 PET
10.10.2 PBT
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dimethyl Terephthalate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dimethyl Terephthalate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dimethyl Terephthalate Market Size Forecast by Type
11.6.1 Flake DMT
11.6.2 Oval DMT
11.6.3 Liquid DMT
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dimethyl Terephthalate Market Size Forecast by Applications
11.10.1 PET
11.10.2 PBT
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dimethyl Terephthalate Analysis and Forecast
12.1 Introduction
12.2 Latin America Dimethyl Terephthalate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dimethyl Terephthalate Market Size Forecast by Type
12.6.1 Flake DMT
12.6.2 Oval DMT
12.6.3 Liquid DMT
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dimethyl Terephthalate Market Size Forecast by Applications
12.10.1 PET
12.10.2 PBT
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dimethyl Terephthalate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dimethyl Terephthalate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dimethyl Terephthalate Market Size Forecast by Type
13.6.1 Flake DMT
13.6.2 Oval DMT
13.6.3 Liquid DMT
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dimethyl Terephthalate Market Size Forecast by Applications
13.10.1 PET
13.10.2 PBT
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dimethyl Terephthalate Market: Competitive Dashboard
14.2 Global Dimethyl Terephthalate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SASA
14.3.2 Oxxynova
14.3.3 Teijin
14.3.4 JSC Mogilevkhimvolokno
14.3.5 INVISTA
14.3.6 Eastman
14.3.7 Fiber Intermediate Products
14.3.8 SK
14.3.9 SASA
