Dimethyl Terephthalate (DMT) Market - Forecasts from 2025 to 2030

The dimethyl terephthalate market is valued at a CAGR of 0.77%, reaching a market size of US$932.635 million in 2030 from US$854.754 million in 2025.

Prominent drivers, such as the rising demand for polyethylene terephthalate (PET) products, especially from the packaging industry, are propelling the dimethyl terephthalate (DMT) market expansion. Polyethylene terephthalate finds its application due to its durability, lightweight, and recyclability. It is widely used in manufacturing plastic bottles, films, and fibers.

Further, DMT is used for polyester fibers, which are used in synthetic materials and are less expensive than natural fibers. Due to the expansion of the global textile industry, the demand for polyester fibers is driving the need for DMT. Additionally, with the growing automotive industry worldwide, the application of DMT for polyester resins and fibers in the body parts of vehicles will also expand.

• According to WITS (World Integrated Trade Solution), in 2021, the top importers of Dimethyl terephthalate are Luxembourg, which imported 67,202,800 Kg, China with 29,626,100 Kg, and Japan with 23,845,600 Kg. The Netherlands and France imported 11,209,200 Kg and 8,810,590 Kg, respectively.
• In China, chemical fiber output growth rate increased in 2023 compared to 2022. According to the National Bureau of Statistics, the output of chemical fibers in 2023 totaled 68.72 million tons, witnessing growth of 8.5%. Major products manufactured in the country included textile yarns, fabrics, etc.

Dimethyl terephthalate (DMT) market drivers

• Growing demand for polyethylene terephthalate (PET) and polybutylene terephthalate (PBT)

PET is made by polymerizing ethylene glycol with terephthalic acid or transesterification with dimethyl terephthalate. The increasing demand for PET would lead to the growing application of dimethyl terephthalate. PET plastics have increased significantly over the past few years, replacing glass and PVC. In February 2023, SUEZ, Loop Industries, and SK Geo Centric announced the selection of Saint-Avold, France, as the site to manufacture virgin-quality PET plastic made from 100% recycled content. The facility would manufacture 100% recycled and infinitely recyclable virgin-quality polyethylene terephthalate ("PET") resin and has a capacity of 70,000 metric tons per year.

Further, in February 2024, Mitsubishi Chemical Group developed the ZR Series of NOVADURAN PBT resin, a foaming grade with ultra-low specific gravity. The ZR Series is a new grade having rigid fiber-reinforced engineering plastic. These polymers are used to produce plastics, textiles, bottles, and packaging products. The increased application of polyethylene terephthalate and polybutylene terephthalate would lead to the demand for DMT.

Dimethyl terephthalate (DMT) market geographical outlook

• The dimethyl terephthalate (DMT) market is segmented into five regions worldwide

By geography, the dimethyl terephthalate (DMT) market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries.

The Asia Pacific region is expected to see the fastest growth in the dimethyl terephthalate market due to its increasing applications in consumer electronics, automobiles, and the aerospace industry.

North America is also expected to have a significant market share for DMT due to its major utilization across various industries, such as polyethylene terephthalate and polybutylene terephthalate manufacturing.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
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• Revenue Growth and Forecast Assessment of segments and regions including countries
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The dimethyl terephthalate (DMT) market is analyzed into the following segments:

• By Form

Flake (Solid) DMT

Liquid DMT

By Application

• Polyester Film
• Polyester Fiber
• PET Resin
• Other Applications (Including PBT)

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Rest of South America
• Europe
• United Kingdom
• Germany
• France
• Italy
• Spain
• Rest of Europe
• Middle East and Africa
• Saudi Arabia
• UAE
• Rest of the Middle East and Africa
• Asia Pacific
• China
• India
• Japan
• South Korea
• Taiwan
• Thailand
• Indonesia
• Rest of Asia-Pacific