Dimethyl Terephthalate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Fairfield Market Research, a renowned industry analysis firm, has just unveiled a comprehensive Dimethyl Terephthalate Market analysis report, revealing a remarkable surge in global sales. In 2024, the Dimethyl Terephthalate (DMT) market reached an impressive valuation of US$ 834 million. Projections are even more exhilarating, set to propel the market to a staggering US$ 1200 million by the end of the forecast period.

Food & Beverages Industry Driving Significant Revenue Growth

One of the key drivers fueling this extraordinary expansion is the burgeoning demand for Polyethylene Terephthalate (PET), a polymer derived from DMT. PET is a cornerstone material in flexible packaging, extensively employed across various industries. Its predominant use, however, is in the food and beverage sector, where it is used to package bottled water and various soft drinks consumed worldwide. This insatiable demand for PET in the food and beverage industry is poised to be a major catalyst for the growth of the Dimethyl Terephthalate market.

Electronics Industry Creates New Opportunities

Additionally, the use of Polybutylene Terephthalate (PBT), a derivative of DMT, as an insulator in the electronics industry, is also set to drive demand. The increasing need for insulated wire in the manufacturing of electrical devices and appliances is expected to create significant opportunities for DMT within the market.

Consumer Electronics and Automotive Industries Fueling PBT Demand

Furthermore, the rising demand within the consumer electronics and automotive sectors is projected to be a pivotal factor in the increased utilization of PBT, further bolstering the Dimethyl Terephthalate market in the coming years.

Country-wise Analysis Highlights Key Players

United States Dimethyl Terephthalate Market Analysis: The United States is a prominent producer of DMT in the North America region. Eastman Chemical, a key player, plans to invest approximately US$ 2 billion in plastic recycling plants across the U.S. and France, using polyester renewal technology to enhance sustainability.
Turkiye Dimethyl Terephthalate Market Analysis: SASA Polyesters Sanayi AS's US$ 330 million investment in a new production plant is set to increase DMT demand in Turkiye.
China Dimethyl Terephthalate Market Analysis: China, a significant producer in the Asia Pacific region, primarily uses DMT in polyester fibers for textiles, driving consistent growth in demand.
Japan Dimethyl Terephthalate Analysis: Japan accounts for 60% of the total installed DMT capacity in the Asia Pacific. Teijin Ltd leads with innovations in DMT-based chemical recycling to reduce environmental impact.
South Korea Dimethyl Terephthalate Market Analysis: South Korea, a notable producer in the Asia Pacific, experiences rising DMT demand due to the growth of the electronics and electrical market. SK Chemicals plays a significant role in production.

Competitive Landscape

Key players in the Dimethyl Terephthalate industry, including TCI Chemicals, Teijin Ltd., Merck KGaA, Eastman Chemical Company, A.B Enterprises, SK Petrochemicals Co., Ltd., SASA polymers, Fiber Intermediate Product Co, Liaoyang Petrochemical Co, Mogilevkhimvolokno JSC, Oxxynova, Petrobrazi, Petrocel SA, and Yambolen AD, are making substantial investments in new technologies and expanding their production capacities to meet the surging demand.

Segmentation of the Global Dimethyl Terephthalate Market:

By Form

Flake DMT
Liquid DMT
Oval DMT

By Application

Polyethylene Terephthalate
Polybutylene Terephthalate

By End User Industry

Food & beverages
Healthcare
Consumer Electronics
Packaging
Others

By Region

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

1. Executive Summary

1.1. Global Dimethyl Terephthalate Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Dimethyl Terephthalate Market Outlook, 2018 - 2031

3.1. Global Dimethyl Terephthalate Market Outlook, by Form Type, Value (US$ Mn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Flake DMT
  - 3.1.1.2. Liquid DMT
  - 3.1.1.3. Oval DMT
3.2. Global Dimethyl Terephthalate Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Polyethylene Terephthalate
  - 3.2.1.2. Polybutylene Terephthalate
3.3. Global Dimethyl Terephthalate Market Outlook, by End Use Industry, Value (US$ Mn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Food & beverages
  - 3.3.1.2. Healthcare
  - 3.3.1.3. Consumer Electronics
  - 3.3.1.4. Packaging
  - 3.3.1.5. Others
3.4. Global Dimethyl Terephthalate Market Outlook, by Region, Value (US$ Mn), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Dimethyl Terephthalate Market Outlook, 2018 - 2031

4.1. North America Dimethyl Terephthalate Market Outlook, by Form Type, Value (US$ Mn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Flake DMT
  - 4.1.1.2. Liquid DMT
  - 4.1.1.3. Oval DMT
4.2. North America Dimethyl Terephthalate Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Polyethylene Terephthalate
  - 4.2.1.2. Polybutylene Terephthalate
4.3. North America Dimethyl Terephthalate Market Outlook, by End Use Industry, Value (US$ Mn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Hospitals
  - 4.3.1.2. Academic and Research Institutes
  - 4.3.1.3. Diagnostic Laboratories
  - 4.3.1.4. Biopharmaceutical Companies
  - 4.3.1.5. Homecare Settings
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Dimethyl Terephthalate Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 4.4.1.2. U.S. Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 4.4.1.3. U.S. Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 4.4.1.4. Canada Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 4.4.1.5. Canada Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 4.4.1.6. Canada Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Dimethyl Terephthalate Market Outlook, 2018 - 2031

5.1. Europe Dimethyl Terephthalate Market Outlook, by Form Type, Value (US$ Mn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Flake DMT
  - 5.1.1.2. Liquid DMT
  - 5.1.1.3. Oval DMT
5.2. Europe Dimethyl Terephthalate Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Polyethylene Terephthalate
  - 5.2.1.2. Polybutylene Terephthalate
5.3. Europe Dimethyl Terephthalate Market Outlook, by End Use Industry, Value (US$ Mn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Food & beverages
  - 5.3.1.2. Healthcare
  - 5.3.1.3. Consumer Electronics
  - 5.3.1.4. Packaging
  - 5.3.1.5. Others
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Dimethyl Terephthalate Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.2. Germany Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.3. Germany Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 5.4.1.4. U.K. Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.5. U.K. Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.6. U.K. Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 5.4.1.7. France Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.8. France Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.9. France Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 5.4.1.10. Italy Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.11. Italy Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.12. Italy Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 5.4.1.13. Turkey Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.14. Turkey Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.15. Turkey Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 5.4.1.16. Russia Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.17. Russia Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.18. Russia Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 5.4.1.19. Rest of Europe Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.20. Rest of Europe Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.21. Rest of Europe Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Dimethyl Terephthalate Market Outlook, 2018 - 2031

6.1. Asia Pacific Dimethyl Terephthalate Market Outlook, by Form Type, Value (US$ Mn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Flake DMT
  - 6.1.1.2. Liquid DMT
  - 6.1.1.3. Oval DMT
6.2. Asia Pacific Dimethyl Terephthalate Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Polyethylene Terephthalate
  - 6.2.1.2. Polybutylene Terephthalate
6.3. Asia Pacific Dimethyl Terephthalate Market Outlook, by End Use Industry, Value (US$ Mn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Food & beverages
  - 6.3.1.2. Healthcare
  - 6.3.1.3. Consumer Electronics
  - 6.3.1.4. Packaging
  - 6.3.1.5. Others
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Dimethyl Terephthalate Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.2. China Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.3. China Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 6.4.1.4. Japan Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.5. Japan Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.6. Japan Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 6.4.1.7. South Korea Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.8. South Korea Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.9. South Korea Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 6.4.1.10. India Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.11. India Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.12. India Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 6.4.1.13. Southeast Asia Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.14. Southeast Asia Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.15. Southeast Asia Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 6.4.1.16. Rest of Asia Pacific Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.17. Rest of Asia Pacific Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.18. Rest of Asia Pacific Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Dimethyl Terephthalate Market Outlook, 2018 - 2031

7.1. Latin America Dimethyl Terephthalate Market Outlook, by Form Type, Value (US$ Mn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Flake DMT
  - 7.1.1.2. Liquid DMT
  - 7.1.1.3. Oval DMT
7.2. Latin America Dimethyl Terephthalate Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
7.3. Latin America Dimethyl Terephthalate Market Outlook, by End Use Industry, Value (US$ Mn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Food & beverages
  - 7.3.1.2. Healthcare
  - 7.3.1.3. Consumer Electronics
  - 7.3.1.4. Packaging
  - 7.3.1.5. Others
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Dimethyl Terephthalate Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 7.4.1.2. Brazil Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.4.1.3. Brazil Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 7.4.1.4. Mexico Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 7.4.1.5. Mexico Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.4.1.6. Mexico Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 7.4.1.7. Argentina Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 7.4.1.8. Argentina Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.4.1.9. Argentina Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 7.4.1.10. Rest of Latin America Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 7.4.1.11. Rest of Latin America Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.4.1.12. Rest of Latin America Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Dimethyl Terephthalate Market Outlook, 2018 - 2031

8.1. Middle East & Africa Dimethyl Terephthalate Market Outlook, by Form Type, Value (US$ Mn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Flake DMT
  - 8.1.1.2. Liquid DMT
  - 8.1.1.3. Oval DMT
8.2. Middle East & Africa Dimethyl Terephthalate Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Polyethylene Terephthalate
  - 8.2.1.2. Polybutylene Terephthalate
8.3. Middle East & Africa Dimethyl Terephthalate Market Outlook, by End Use Industry, Value (US$ Mn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Food & beverages
  - 8.3.1.2. Healthcare
  - 8.3.1.3. Consumer Electronics
  - 8.3.1.4. Packaging
  - 8.3.1.5. Others
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Dimethyl Terephthalate Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 8.4.1.2. GCC Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.3. GCC Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 8.4.1.4. South Africa Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 8.4.1.5. South Africa Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.6. South Africa Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 8.4.1.7. Egypt Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 8.4.1.8. Egypt Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.9. Egypt Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 8.4.1.10. Nigeria Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 8.4.1.11. Nigeria Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.12. Nigeria Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
  - 8.4.1.13. Rest of Middle East & Africa Dimethyl Terephthalate Market by Form Type, Value (US$ Mn), 2018 - 2031
  - 8.4.1.14. Rest of Middle East & Africa Dimethyl Terephthalate Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.15. Rest of Middle East & Africa Dimethyl Terephthalate Market by End Use Industry, Value (US$ Mn), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By End Use Industry vs by Application Heat map
9.2. Manufacturer vs by Application Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. TCI Chemicals
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Teijin Ltd.
- 9.5.3. Merck KGaA
- 9.5.4. Eastman Chemical Company
- 9.5.5. A.B Enterprises
- 9.5.6. SK Petrochemicals Co., Ltd.
- 9.5.7. SASA polymers
- 9.5.8. Fiber Intermediate Product Co
- 9.5.9. Liaoyang Petrochemical Co
- 9.5.10. Mogilevkhimvolokno JSC
- 9.5.11. Oxxynova
- 9.5.12. Petrobrazi
- 9.5.13. Petrocel SA
- 9.5.14. Yambolen AD,

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations