Market Overview:
The global polytrimethylene terephthalate (PTT) polyester chip market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the PTT polyester chip market can be attributed to the increasing demand for fiber, engineering plastics, and film material applications. In terms of type, the petroleum-based segment is expected to dominate the global PTT polyester chip market during the forecast period. However, bio-based PTT polyester chips are projected to witness highest growth during the forecast period owing to stringent environmental regulations across various regions.
 Polyester Chip Industry Outlook.svg)
Product Definition:
PTT is a polyester chip that is used to make products such as eyeglasses, water bottles, and carpeting. It is important because it is strong and durable, which makes it a good choice for these products.
Petroleum Based:
Petroleum-based polymers are used to manufacture PTT polyester chips. The growth factor for this market is high and the usage of petroleum based products in PTT polymerization process has been increasing over the past few years. This trend is expected to continue during the forecast period, on account of growing demand from end-use industries such as textiles, packaging and electricals.
Bio Based:
Bio-based polyester chip market is expected to witness significant growth over the forecast period owing to increasing demand for environment-friendly products. Bio based polytrimethylene terephthalate (PTT) has a wide range of applications in electronics, automotive and medical sectors. Polytrimethylene terephthalate chips are used as an alternative for conventional silicon chips in electronic devices such as microprocessors and digital cameras.
Application Insights:
Fiber emerged as the dominant application segment and accounted for a revenue share of more than 50.0% in 2017. PTT polyester fibers are used to manufacture carpets, curtains, industrial bags and packaging products among others. The demand is expected to be fueled by their properties such as high tensile strength, chemical resistance along with excellent dimensional stability over a wide range of temperatures.
Engineering plastics was the second largest application segment accounting for 19% of total market volume in 2017 owing to growing product usage in manufacturing automotive parts & components such as transmission shafts & gears, oil filter housing set-screws/nuts along with other small parts that require good mechanical properties and low thermal expansion coefficient (CTE).
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is anticipated to witness significant growth over the forecast period. The region accounts for a major share of global petroleum refining activities, which has resulted in high demand for polyester chips as a feedstock. In addition, growing automotive manufacturing sector and favorable government regulations are expected to drive PTT production over the next eight years.
The Asia Pacific economy is highly diverse with countries such as China, India, Thailand and Vietnam being prominent economies. These countries have been experiencing strong economic growth owing to various factors such as low labor cost, easy availability of land space along with supportive government policies encouraging investments from both domestic and foreign players in various sectors including automotive & transportation equipment industry; construction materials; consumer goods etc., thus resulting into high demand for polyester chip products across end-use industries such as aerospace & defense; packaging; textile etc., thereby driving overall regional market growth over the forecast period.
Growth Factors:
- Increasing demand from the automotive and electrical & electronics industries
- Growing popularity of polyester chips in packaging applications
- Rising demand for lightweight and durable materials in automotive sector
- Proliferation of advanced manufacturing technologies
- Growing awareness about the benefits of polyester chips over traditional materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Polytrimethylene Terephthalate (PTT) Polyester Chip Market Research Report
By Type
Petroleum Based, Bio Based
By Application
Fiber, Engineering Plastics, Film Material
By Companies
DuPont, Teijin Frontier, Shenghong Group, GLORY, DuPont
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Polytrimethylene Terephthalate (PTT) Polyester Chip Market Report Segments:
The global Polytrimethylene Terephthalate (PTT) Polyester Chip market is segmented on the basis of:
Types
Petroleum Based, Bio Based
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
Fiber, Engineering Plastics, Film Material
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:
- DuPont
- Teijin Frontier
- Shenghong Group
- GLORY
- DuPont
 Polyester Chip Market Overview.svg)
Highlights of The Polytrimethylene Terephthalate (PTT) Polyester Chip 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:
- Petroleum Based
- Bio Based
- By Application:
- Fiber
- Engineering Plastics
- Film Material
- 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 Polytrimethylene Terephthalate (PTT) Polyester Chip 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
 Polyester Chip Market Statistics.svg)
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?
PTT is a type of polyester chip that is made from three types of plastic: polytrimethylene terephthalate, ethylene vinyl acetate, and butadiene rubber. The chips are small and thin, making them easy to insert into electronic devices.
Some of the major companies in the polytrimethylene terephthalate (ptt) polyester chip market are DuPont, Teijin Frontier, Shenghong Group, GLORY, DuPont.
The polytrimethylene terephthalate (ptt) polyester chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polytrimethylene Terephthalate (PTT) Polyester Chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size & Forecast, 2018-2028
4.5.1 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size and Y-o-Y Growth
4.5.2 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Absolute $ Opportunity
Chapter 5 Global Polytrimethylene Terephthalate (PTT) Polyester Chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Type
5.2.1 Petroleum Based
5.2.2 Bio Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polytrimethylene Terephthalate (PTT) Polyester Chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Applications
6.2.1 Fiber
6.2.2 Engineering Plastics
6.2.3 Film Material
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polytrimethylene Terephthalate (PTT) Polyester Chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip Analysis and Forecast
9.1 Introduction
9.2 North America Polytrimethylene Terephthalate (PTT) Polyester Chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Type
9.6.1 Petroleum Based
9.6.2 Bio Based
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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Applications
9.10.1 Fiber
9.10.2 Engineering Plastics
9.10.3 Film Material
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 Polytrimethylene Terephthalate (PTT) Polyester Chip Analysis and Forecast
10.1 Introduction
10.2 Europe Polytrimethylene Terephthalate (PTT) Polyester Chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Type
10.6.1 Petroleum Based
10.6.2 Bio Based
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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Applications
10.10.1 Fiber
10.10.2 Engineering Plastics
10.10.3 Film Material
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 Polytrimethylene Terephthalate (PTT) Polyester Chip Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polytrimethylene Terephthalate (PTT) Polyester Chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Type
11.6.1 Petroleum Based
11.6.2 Bio Based
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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Applications
11.10.1 Fiber
11.10.2 Engineering Plastics
11.10.3 Film Material
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 Polytrimethylene Terephthalate (PTT) Polyester Chip Analysis and Forecast
12.1 Introduction
12.2 Latin America Polytrimethylene Terephthalate (PTT) Polyester Chip 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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Type
12.6.1 Petroleum Based
12.6.2 Bio Based
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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Applications
12.10.1 Fiber
12.10.2 Engineering Plastics
12.10.3 Film Material
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) Polytrimethylene Terephthalate (PTT) Polyester Chip Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polytrimethylene Terephthalate (PTT) Polyester Chip 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) Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Type
13.6.1 Petroleum Based
13.6.2 Bio Based
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) Polytrimethylene Terephthalate (PTT) Polyester Chip Market Size Forecast by Applications
13.10.1 Fiber
13.10.2 Engineering Plastics
13.10.3 Film Material
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 Polytrimethylene Terephthalate (PTT) Polyester Chip Market: Competitive Dashboard
14.2 Global Polytrimethylene Terephthalate (PTT) Polyester Chip Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont
14.3.2 Teijin Frontier
14.3.3 Shenghong Group
14.3.4 GLORY
14.3.5 DuPont
