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Global Polytrimethylene Terephthalate (PTT) Market Research Report 2024
Synopsis
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.
The global Polytrimethylene Terephthalate (PTT) market was valued at US$ 1045.4 million in 2023 and is anticipated to reach US$ 1826.7 million by 2030, witnessing a CAGR of 8.2% during the forecast period 2024-2030.
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.
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).
Report Scope
The Polytrimethylene Terephthalate (PTT) market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Polytrimethylene Terephthalate (PTT) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Polytrimethylene Terephthalate (PTT) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
DuPont
Shenghong Group
GLORY
Teijin Frontier
Segment by Type
Petroleum Based
Bio Based
Segment by Application
Fiber
Engineering Plastics
Film Material
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Polytrimethylene Terephthalate (PTT) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Polytrimethylene Terephthalate (PTT) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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.
The global Polytrimethylene Terephthalate (PTT) market was valued at US$ 1045.4 million in 2023 and is anticipated to reach US$ 1826.7 million by 2030, witnessing a CAGR of 8.2% during the forecast period 2024-2030.
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.
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).
Report Scope
The Polytrimethylene Terephthalate (PTT) market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Polytrimethylene Terephthalate (PTT) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Polytrimethylene Terephthalate (PTT) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
DuPont
Shenghong Group
GLORY
Teijin Frontier
Segment by Type
Petroleum Based
Bio Based
Segment by Application
Fiber
Engineering Plastics
Film Material
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Polytrimethylene Terephthalate (PTT) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Polytrimethylene Terephthalate (PTT) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Polytrimethylene Terephthalate (PTT) Market Overview
1.1 Product Definition
1.2 Polytrimethylene Terephthalate (PTT) Segment by Type
1.2.1 Global Polytrimethylene Terephthalate (PTT) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Petroleum Based
1.2.3 Bio Based
1.3 Polytrimethylene Terephthalate (PTT) Segment by Application
1.3.1 Global Polytrimethylene Terephthalate (PTT) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Fiber
1.3.3 Engineering Plastics
1.3.4 Film Material
1.4 Global Market Growth Prospects
1.4.1 Global Polytrimethylene Terephthalate (PTT) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Polytrimethylene Terephthalate (PTT) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Polytrimethylene Terephthalate (PTT) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Polytrimethylene Terephthalate (PTT) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Polytrimethylene Terephthalate (PTT) Production Market Share by Manufacturers (2019-2024)
2.2 Global Polytrimethylene Terephthalate (PTT) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Polytrimethylene Terephthalate (PTT), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Polytrimethylene Terephthalate (PTT) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Polytrimethylene Terephthalate (PTT) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Polytrimethylene Terephthalate (PTT), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Polytrimethylene Terephthalate (PTT), Product Offered and Application
2.8 Global Key Manufacturers of Polytrimethylene Terephthalate (PTT), Date of Enter into This Industry
2.9 Polytrimethylene Terephthalate (PTT) Market Competitive Situation and Trends
2.9.1 Polytrimethylene Terephthalate (PTT) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Polytrimethylene Terephthalate (PTT) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Polytrimethylene Terephthalate (PTT) Production by Region
3.1 Global Polytrimethylene Terephthalate (PTT) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Polytrimethylene Terephthalate (PTT) Production Value by Region (2019-2030)
3.2.1 Global Polytrimethylene Terephthalate (PTT) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Polytrimethylene Terephthalate (PTT) by Region (2025-2030)
3.3 Global Polytrimethylene Terephthalate (PTT) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Polytrimethylene Terephthalate (PTT) Production by Region (2019-2030)
3.4.1 Global Polytrimethylene Terephthalate (PTT) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Polytrimethylene Terephthalate (PTT) by Region (2025-2030)
3.5 Global Polytrimethylene Terephthalate (PTT) Market Price Analysis by Region (2019-2024)
3.6 Global Polytrimethylene Terephthalate (PTT) Production and Value, Year-over-Year Growth
3.6.1 North America Polytrimethylene Terephthalate (PTT) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Polytrimethylene Terephthalate (PTT) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Polytrimethylene Terephthalate (PTT) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Polytrimethylene Terephthalate (PTT) Production Value Estimates and Forecasts (2019-2030)
4 Polytrimethylene Terephthalate (PTT) Consumption by Region
4.1 Global Polytrimethylene Terephthalate (PTT) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Polytrimethylene Terephthalate (PTT) Consumption by Region (2019-2030)
4.2.1 Global Polytrimethylene Terephthalate (PTT) Consumption by Region (2019-2024)
4.2.2 Global Polytrimethylene Terephthalate (PTT) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Polytrimethylene Terephthalate (PTT) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Polytrimethylene Terephthalate (PTT) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Polytrimethylene Terephthalate (PTT) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Polytrimethylene Terephthalate (PTT) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Polytrimethylene Terephthalate (PTT) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Polytrimethylene Terephthalate (PTT) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Polytrimethylene Terephthalate (PTT) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Polytrimethylene Terephthalate (PTT) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Polytrimethylene Terephthalate (PTT) Production by Type (2019-2030)
5.1.1 Global Polytrimethylene Terephthalate (PTT) Production by Type (2019-2024)
5.1.2 Global Polytrimethylene Terephthalate (PTT) Production by Type (2025-2030)
5.1.3 Global Polytrimethylene Terephthalate (PTT) Production Market Share by Type (2019-2030)
5.2 Global Polytrimethylene Terephthalate (PTT) Production Value by Type (2019-2030)
5.2.1 Global Polytrimethylene Terephthalate (PTT) Production Value by Type (2019-2024)
5.2.2 Global Polytrimethylene Terephthalate (PTT) Production Value by Type (2025-2030)
5.2.3 Global Polytrimethylene Terephthalate (PTT) Production Value Market Share by Type (2019-2030)
5.3 Global Polytrimethylene Terephthalate (PTT) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Polytrimethylene Terephthalate (PTT) Production by Application (2019-2030)
6.1.1 Global Polytrimethylene Terephthalate (PTT) Production by Application (2019-2024)
6.1.2 Global Polytrimethylene Terephthalate (PTT) Production by Application (2025-2030)
6.1.3 Global Polytrimethylene Terephthalate (PTT) Production Market Share by Application (2019-2030)
6.2 Global Polytrimethylene Terephthalate (PTT) Production Value by Application (2019-2030)
6.2.1 Global Polytrimethylene Terephthalate (PTT) Production Value by Application (2019-2024)
6.2.2 Global Polytrimethylene Terephthalate (PTT) Production Value by Application (2025-2030)
6.2.3 Global Polytrimethylene Terephthalate (PTT) Production Value Market Share by Application (2019-2030)
6.3 Global Polytrimethylene Terephthalate (PTT) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 DuPont
7.1.1 DuPont Polytrimethylene Terephthalate (PTT) Corporation Information
7.1.2 DuPont Polytrimethylene Terephthalate (PTT) Product Portfolio
7.1.3 DuPont Polytrimethylene Terephthalate (PTT) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 DuPont Main Business and Markets Served
7.1.5 DuPont Recent Developments/Updates
7.2 Shenghong Group
7.2.1 Shenghong Group Polytrimethylene Terephthalate (PTT) Corporation Information
7.2.2 Shenghong Group Polytrimethylene Terephthalate (PTT) Product Portfolio
7.2.3 Shenghong Group Polytrimethylene Terephthalate (PTT) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Shenghong Group Main Business and Markets Served
7.2.5 Shenghong Group Recent Developments/Updates
7.3 GLORY
7.3.1 GLORY Polytrimethylene Terephthalate (PTT) Corporation Information
7.3.2 GLORY Polytrimethylene Terephthalate (PTT) Product Portfolio
7.3.3 GLORY Polytrimethylene Terephthalate (PTT) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 GLORY Main Business and Markets Served
7.3.5 GLORY Recent Developments/Updates
7.4 Teijin Frontier
7.4.1 Teijin Frontier Polytrimethylene Terephthalate (PTT) Corporation Information
7.4.2 Teijin Frontier Polytrimethylene Terephthalate (PTT) Product Portfolio
7.4.3 Teijin Frontier Polytrimethylene Terephthalate (PTT) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Teijin Frontier Main Business and Markets Served
7.4.5 Teijin Frontier Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Polytrimethylene Terephthalate (PTT) Industry Chain Analysis
8.2 Polytrimethylene Terephthalate (PTT) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Polytrimethylene Terephthalate (PTT) Production Mode & Process
8.4 Polytrimethylene Terephthalate (PTT) Sales and Marketing
8.4.1 Polytrimethylene Terephthalate (PTT) Sales Channels
8.4.2 Polytrimethylene Terephthalate (PTT) Distributors
8.5 Polytrimethylene Terephthalate (PTT) Customers
9 Polytrimethylene Terephthalate (PTT) Market Dynamics
9.1 Polytrimethylene Terephthalate (PTT) Industry Trends
9.2 Polytrimethylene Terephthalate (PTT) Market Drivers
9.3 Polytrimethylene Terephthalate (PTT) Market Challenges
9.4 Polytrimethylene Terephthalate (PTT) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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