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Polytrimethylene Terephthalate (PTT) Market, Global Outlook and Forecast 2023-2029

Polytrimethylene Terephthalate (PTT) Market, Global Outlook and Forecast 2023-2029

  • Published on : 18 March 2023
  • Pages :73
  • Report Code:SMR-7605656

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Report overview

PTT (polytrimethylene terephthalate) is a thermoplastic that can be spun into both fibers and yarns etc. PTT belongs to a class called aromatic polyesters. Polytrimethylene terephthalate (PTT) is a linear aromatic polyester made by the polycondensation of 1, 3-propanediol (PDO) and purified terephthalic acid (PTA).
The Polytrimethylene Terephthalate (PTT) market covers Petroleum Based and Bio Based. The typical players include DuPont, Teijin Frontier, Shenghong Group and GLORY.
This report aims to provide a comprehensive presentation of the global market for Polytrimethylene Terephthalate (PTT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polytrimethylene Terephthalate (PTT). This report contains market size and forecasts of Polytrimethylene Terephthalate (PTT) in global, including the following market information:
Global Polytrimethylene Terephthalate (PTT) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Polytrimethylene Terephthalate (PTT) Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Polytrimethylene Terephthalate (PTT) companies in 2022 (%)
The global Polytrimethylene Terephthalate (PTT) market was valued at US$ 1075.7 million in 2022 and is projected to reach US$ 1825.3 million by 2029, at a CAGR of 7.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Europe is the largest Polytrimethylene Terephthalate (PTT) market with about 31% market share. Asia-Pacific is follower, accounting for about 29% market share.
The market is highly concentrated. There are four larger manufacturers in the market. DuPont maintained its largest position, which makes up 60% market share in terms of revenue.

In this study, the market for Polytrimethylene Terephthalate (PTT) consumption divided into four geographic regions: In Americas, total Polytrimethylene Terephthalate (PTT) accounted for 34%. In the Europe, total Polytrimethylene Terephthalate (PTT) accounted for 30%. The market in Asia Pacific Polytrimethylene Terephthalate (PTT) accounted for 32%, and in global other region 3%. Among all regions, Americas held the largest share of the Polytrimethylene Terephthalate (PTT) market. APAC is one of the fastest growing region of Polytrimethylene Terephthalate (PTT) market. China is the largest contributor to the Asia Pacific. Along with the development of Chinese domestic Polytrimethylene Terephthalate (PTT), China domestic Polytrimethylene Terephthalate (PTT) has been mature and advanced, and the performance distance has been shorten compared with the imported Polytrimethylene Terephthalate (PTT).

On the basis of product type, the Bio-based Polytrimethylene Terephthalate (PTT) segment is projected to account for the largest share during the forecast period; this segment was estimated to account for 92% global revenue share in 2020.

Most of the PTT is used for producing PTT fibers (around 83%), and the about half of the PTT fibers are used to make carpets. Shaw Industries and Mohawk Flooring are the world biggest carpet manufactures and also the very important consumer of DuPont?s PTT fiber.
We surveyed the Polytrimethylene Terephthalate (PTT) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Polytrimethylene Terephthalate (PTT) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Polytrimethylene Terephthalate (PTT) Market Segment Percentages, by Type, 2022 (%)
Petroleum Based
Bio Based
Global Polytrimethylene Terephthalate (PTT) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Polytrimethylene Terephthalate (PTT) Market Segment Percentages, by Application, 2022 (%)
Fiber
Engineering Plastics
Film Material
Global Polytrimethylene Terephthalate (PTT) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Polytrimethylene Terephthalate (PTT) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Polytrimethylene Terephthalate (PTT) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Polytrimethylene Terephthalate (PTT) revenues share in global market, 2022 (%)
Key companies Polytrimethylene Terephthalate (PTT) sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Polytrimethylene Terephthalate (PTT) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
DuPont
Shenghong Group
GLORY
Teijin Frontier
Outline of Major Chapters:
Chapter 1: Introduces the definition of Polytrimethylene Terephthalate (PTT), market overview.
Chapter 2: Global Polytrimethylene Terephthalate (PTT) market size in revenue and volume.
Chapter 3: Detailed analysis of Polytrimethylene Terephthalate (PTT) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Polytrimethylene Terephthalate (PTT) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Polytrimethylene Terephthalate (PTT) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.