
Polytrimethylene Terephthalate Market Size, Share & Trends Analysis Report By End-use (Automotive, Textiles), By Type (Petroleum, Bio-based), By Application (Film Materials, Fiber), By Region, And Segment Forecasts, 2022 - 2030
Description
Polytrimethylene Terephthalate Market Growth & Trends
The global polytrimethylene terephthalate market size is predicted to reach USD 1.41 billion by 2030, according to a report by Grand View Research, Inc., growing at a CAGR of 5.4% from 2022 to 2030. The increasing market of textile industries is anticipated to boost the demand for PTT during the forecast period.Furthermore, the rising demand for apparel and automotive carpets is expected to increase the product demand resulting in the growth of the overall industryin the years to come. Many countries have set stringent regulations due to increased environmental concerns for promoting sustainable & innovative PTT demand. Companies are spending heavily on developing adhesives, which are non-ozone depleting and free from harmful compounds (VOCs), solvents, and toxins.
In June 2020, Teijin Frontier Co., Ltd., a fiber manufacturer, introduced Solotex Eco-Hybrid, a highly stretchable and dyeable product compared to petroleum-derived material. Eco-Hybrid marks a significant line in Teijin Frontier’s PTT fiber Solotex product portfolio. PTT is used across different end-use industries, such as textile, automotive, packaging, building & construction, consumer goods, and the medical industry. It is majorly used in fiber applications like carpet fabrics, automotive fabrics, apparel, and engineering plastics. Bio-based PTT is expected to grow at a significant CAGR over the forecast period owing to its properties, such as resistibility, compressibility, and eco-friendliness.
Polytrimethylene Terephthalate Market Report Highlights
The global polytrimethylene terephthalate market size is predicted to reach USD 1.41 billion by 2030, according to a report by Grand View Research, Inc., growing at a CAGR of 5.4% from 2022 to 2030. The increasing market of textile industries is anticipated to boost the demand for PTT during the forecast period.Furthermore, the rising demand for apparel and automotive carpets is expected to increase the product demand resulting in the growth of the overall industryin the years to come. Many countries have set stringent regulations due to increased environmental concerns for promoting sustainable & innovative PTT demand. Companies are spending heavily on developing adhesives, which are non-ozone depleting and free from harmful compounds (VOCs), solvents, and toxins.
In June 2020, Teijin Frontier Co., Ltd., a fiber manufacturer, introduced Solotex Eco-Hybrid, a highly stretchable and dyeable product compared to petroleum-derived material. Eco-Hybrid marks a significant line in Teijin Frontier’s PTT fiber Solotex product portfolio. PTT is used across different end-use industries, such as textile, automotive, packaging, building & construction, consumer goods, and the medical industry. It is majorly used in fiber applications like carpet fabrics, automotive fabrics, apparel, and engineering plastics. Bio-based PTT is expected to grow at a significant CAGR over the forecast period owing to its properties, such as resistibility, compressibility, and eco-friendliness.
Polytrimethylene Terephthalate Market Report Highlights
- Bio-based products witnessed high demand in recent years due to growing usage from major end-use industries, such as automotive, textile, and medical
- Fibers is the most common application for PTT owing to its high demand for the manufacturing of carpets, apparels, and engineering plastics globally. It is used to manufacture different automotive interior parts, such as carpets, fabrics, seat belts, and others
- The industry is growing owing to the risingproduct demandfrom the textile industry. Technological advancements, innovations in plastics, and evolved decontamination devices are boosting the demand further
- Major manufacturers have opted acquisition and merger strategies for expansion of their compounding plants, rather than establishing new plants, to strengthen their position in the global landscape
Table of Contents
110 Pages
- Chapter 1 Methodology and Scope
- 1.1 Research Methodology
- 1.2 Research Scope and Assumptions
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR’s Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Third Party Perspective
- 1.3.5 Primary Research
- 1.4 Information Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation and Data Visualization
- 1.6 Data Validation and Publishing
- 1.7 List of Abbreviations
- Chapter 2 Executive Summary
- 2.1 Market Summary
- Chapter 3 Polytrimethylene Terephthalate Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global Plastics Market Outlook
- 3.2 Polytrimethylene Terephthalate Market- Penetration & Growth Prospect Mapping
- 3.3 Polytrimethylene Terephthalate Market: Industry Value Chain Analysis
- 3.3.1 Raw Material Trends
- 3.3.1.1 1, 3- Propanediol
- 3.3.1.2 Ethylene Glycol
- 3.4 Regulatory Framework
- 3.4.1 Standard & Compliances
- 3.4.1.1 Ehtylene Glycol
- 3.4.2 Safety
- 3.5 Market Dynamics
- 3.5.1 Market Driver Analysis
- 3.5.1.1 Rising demand from automotive industry
- 3.5.1.2 Increasing demand from the Textiles and carpet industry
- 3.5.2 Market Restraint analysis
- 3.5.2.1 Volatile raw material prices
- 3.5.3 Market Opportunity analysis
- 3.6 Polytrimethylene Terephthalate market - Porter’s analysis
- 3.7 Polytrimethylene Terephthalate market - PESTEL analysis
- Chapter 4 Polytrimethylene Terephthalate Market: Type Estimates & Trend Analysis
- 4.1 Polytrimethylene Terephthalate Market: Type movement analysis, 2022 & 2030
- 4.2 Bio-Based
- 4.2.1 Bio Based market estimates and forecasts, by Bio-based, 2019 - 2030 (USD Million)
- 4.3 Petroleum Based
- 4.3.1 Petroleum Based market estimates and forecasts, 2019 - 2030 (USD Million)
- Chapter 5 Polytrimethylene Terephthalate Market: Application Estimates & Trend Analysis
- 5.1 Polytrimethylene Terephthalate Market: Application movement analysis, 2022 & 2030
- 5.2 Film Materials
- 5.2.1 Polytrimethylene Terephthalate market estimates and forecasts, by Film Materials, 2022 & 2030 (USD Million)
- 5.3 Fiber
- 5.3.1 Polytrimethylene Terephthalate market estimates and forecasts, by fiber, 2022 & 2030 (USD Million)
- Chapter 6 Polytrimethylene Terephthalate Market: End-use Estimates & Trend Analysis
- 6.1 Polytrimethylene Terephthalate Market: End-use movement analysis, 2022 & 2030
- 6.2 Automotive
- 6.2.1 Polytrimethylene Terephthalate market estimates and forecasts, in Automotive, 2019 - 2030 (USD Million)
- 6.3 Building & construction
- 6.3.1 Polytrimethylene Terephthalate market estimates and forecasts, in Building & construction, 2019 - 2030 (USD Million)
- 6.4 Packaging
- 6.4.1 Polytrimethylene Terephthalate market estimates and forecasts, in Packaging, 2019 - 2030 (USD Million)
- 6.5 Medical
- 6.5.1 Polytrimethylene Terephthalate market estimates and forecasts, in Medical, 2019 - 2030 (USD Million)
- 6.6 Consumer Goods
- 6.6.1 Polytrimethylene Terephthalate market estimates and forecasts, in consumer goods, 2019 - 2030 (USD Million)
- 6.7 Textiles
- 6.7.1 Polytrimethylene Terephthalate market estimates and forecasts, in Textiles, 2017 - 2028 (USD Million)
- Chapter 7 Polytrimethylene Terephthalate Market: Regional Estimates & Trend Analysis
- 7.1 Polytrimethylene Terephthalate Market: Regional Movement Analysis, 2022 & 2030
- 7.2 North America
- 7.2.1 North America Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.2.2 North America Polytrimethylene Terephthalate estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.2.3 North America Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.2.4 North America Polytrimethylene Terephthalate market estimates and forecasts, by End Use, 2019 - 2030 (USD Million)
- 7.2.5 U.S.
- 7.2.5.1 U.S. Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.2.5.2 U.S. Polytrimethylene Terephthalate market estimates and forecasts, by TYPE, 2019 - 2030 (USD Million)
- 7.2.5.3 U.S. Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.2.5.4 U.S. Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.2.6 Canada
- 7.2.6.1 Canada Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.2.6.2 Canada Polytrimethylene Terephthalate market estimates and forecasts, by Type, 2019 - 2030 (USD Million)
- 7.2.6.3 Canada Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.2.6.4 Canada Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.2.7 Mexico
- 7.2.7.1 Mexico Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.2.7.2 Mexico Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.2.7.3 Mexico Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.2.7.4 Mexico Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.3 Europe
- 7.3.1 Europe Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.3.2 Europe Polytrimethylene Terephthalate estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.3.3 Europe Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.3.4 Europe Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.3.5 Germany
- 7.3.5.1 Germany Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.3.5.2 Germany Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.3.5.3 Germany Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.3.5.4 Germany Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.3.6 UK
- 7.3.6.1 UK Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.3.6.2 UK Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.3.6.3 UK Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.3.6.4 UK Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.3.7 France
- 7.3.7.1 France Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.3.7.2 France Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.3.7.3 France Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.3.7.4 France Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.3.8 Italy
- 7.3.8.1 Italy Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.3.8.2 Italy Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.3.8.3 Italy Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.3.8.4 Italy Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.3.9 Rest of Europe
- 7.3.9.1 Rest of Europe Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.3.9.2 Rest of Europe Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.3.9.3 Rest of Europe Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.3.9.4 Rest of Europe Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.4.1.1 Asia Pacific Polytrimethylene Terephthalate estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.4.1.2 Asia Pacific Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.4.1.3 Asia Pacific Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.4.2 China
- 7.4.2.1 China Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.4.2.2 China Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.4.2.3 China Polytrimethylene Terephthalate market estimates and forecasts, by application, 2017 - 2028 (USD Million)
- 7.4.2.4 China Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.4.3 India
- 7.4.3.1 India Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.4.3.2 India Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.4.3.3 India Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.4.3.4 India Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.4.4 Japan
- 7.4.4.1 Japan Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.4.4.2 Japan Polytrimethylene Terephthalate estimates and forecasts, by product, 2019 - 2030 (USD Million)
- 7.4.4.3 Japan Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.4.4.4 Japan Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.4.5 South Korea
- 7.4.5.1 South Korea Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.4.5.2 South Korea Polytrimethylene Terephthalate market estimates and forecasts, by Type, 2019 - 2030 (USD Million)
- 7.4.5.3 South Korea Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.4.5.4 South Korea Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.4.6 Malaysia
- 7.4.6.1 Malaysia Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.4.6.2 Malaysia Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.4.6.3 Malaysia Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.4.6.4 Malysia Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.4.7 Indonesia
- 7.4.7.1 Indonesia Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.4.7.2 Indonesia Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.4.7.3 Indonesia Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.4.7.4 Indonesia Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.4.8 Thailand
- 7.4.8.1 Thailand Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.4.8.2 Thailand Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.4.8.3 Thailand Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.4.8.4 Thailand Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.4.9 Rest of Asia Pacific
- 7.4.9.1 Rest of Asia Pacific Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.4.9.2 Rest of Asia Pacific Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.4.9.3 Rest of Asia Pacific Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.4.9.4 Rest of Asia Pacific Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.5 Central & South America
- 7.5.1 Central & South America Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.5.2 Central & South America Polytrimethylene Terephthalate estimates and forecasts, by product, 2019 - 2030 (USD Million)
- 7.5.3 Central & South America Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.5.4 Central & South America Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.5.5 Brazil
- 7.5.5.1 Brazil Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.5.5.2 Brazil Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.5.5.3 Brazil Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.5.5.4 Brazil Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.5.6 Rest of Central & South America
- 7.5.6.1 Rest of Central & South America Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.5.6.2 Rest of Central & South America Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.5.6.3 Rest of Central & South America Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.5.6.4 Rest of Central & South America Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.6 Middle East & Africa
- 7.6.1 Middle East & Africa Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.6.2 Middle East & Africa Polytrimethylene Terephthalate estimates and forecasts, by product, 2019 - 2030 (USD Million)
- 7.6.3 Middle East & Africa Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.6.4 Middle East & Africa Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.6.5 Saudi Arabia
- 7.6.5.1 Saudi Arabia Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.6.5.2 Saudi Arabia Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.6.5.3 Saudi Arabia Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.6.5.4 Saudi Arabia Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- 7.6.6 Rest of Middle East and Africa
- 7.6.6.1 Rest of Middle East and Africa Polytrimethylene Terephthalate market estimates and forecasts, 2019 - 2030 (USD Million)
- 7.6.6.2 Rest of Middle East & Africa Polytrimethylene Terephthalate market estimates and forecasts, by type, 2019 - 2030 (USD Million)
- 7.6.6.3 Rest of Middle East & Africa Polytrimethylene Terephthalate market estimates and forecasts, by application, 2019 - 2030 (USD Million)
- 7.6.6.4 Rest of Middle East & Africa Polytrimethylene Terephthalate market estimates and forecasts, by end use, 2019 - 2030 (USD Million)
- Chapter 8 Competitive Landscape
- 8.1 Recent Developments & Their Impact Analysis, by Key Market Participants
- 8.1.1 Key Companies/Competition Categorization
- 8.2 Vendor Landscape
- 8.2.1 List of Key Distributors & Channel Partners
- 8.2.2 List of Key Potential Customers/End-Users
- 8.3 Public & Private Companies
- 8.3.1 Competitive Dashboard Analysis
- Chapter 9 Company Profiles
- 9.1 DuPont
- 9.1.1 Company Overview
- 9.1.2 Financial Performance
- 9.1.3 Product Benchmarking
- 9.1.4 Strategic Initiatives
- 9.2 Huvis Corp.
- 9.2.1 Company Overview
- 9.2.2 Product benchmarking
- 9.3 Zhangjiagang Glory Chemical Industry Co., Ltd
- 9.3.1 Company Overview
- 9.3.2 Product Benchmarking
- 9.4 RTP Company
- 9.4.1 Company overview
- 9.4.2 Product benchmarking
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