The Dimethyl Terephthalate (DMT) Market Report 2018-2023 focuses on the global Dimethyl Terephthalate (DMT) status, future forecast, growth opportunity, key market, and key players.
The Dimethyl Terephthalate (DMT) Market report studies the global market size of Dimethyl Terephthalate (DMT) in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Dimethyl Terephthalate (DMT) in these regions. This research report categorizes the global Dimethyl Terephthalate (DMT) market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porters Five Forces Analysis.
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The various contributors involved in the value chain of Dimethyl Terephthalate (DMT) include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Players covered in this study:-
- A.B. Enterprises
- Eastman Chemical Company
- Fiber Intermediate Products Co.
- JSC Mogilevkhimvolokno
- Oxchem Corporation
- Oxxynova GmbH
- Sarna Chemicals Pvt. Ltd.
- Sinopec Limited
- SK Petrochemical Co.
- Teijin Ltd.Â
Overview of Dimethyl Terephthalate (DMT) Market Research Report 2018-2023:-
The Dimethyl Terephthalate (DMT) market is estimated to witness robust growth during the forecast period. In terms of consumption, Asia-Pacific is projected to continue dominating the market, registering highest growth during the forecast period. DMT is used mainly to produce polyester fibers, resins, films and engineering polymers. DMT is extensively used in the production of Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) polymers. Hence, the increasing demand for Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) polymers is expected to drive the demand for DMT during the forecast period.
Increasing PET & PBT Demand
PET polymer is also known as reactor-grade polyester or PET melt-phase resin, which is widely used for producing polyester films & fibers, and solid-state bottle-grade resins. PET engineering resins are produced not only from melt-phase PET, but also from recycled postconsumer and postindustrial materials. Whereas, PBT is a thermoplastic engineering polymer which is used as an insulator in the electrical & electronics industry. PBT demand has also been increasing from the automotive industry for substituting replaceable metal parts owing to rising demand for lightweight vehicles. Besides this, PBT fiber is also used in toothbrushes, false eyelashes, etc. The increasing demand for PET polymer for use in packaging of products, such as food, beverages, cosmetic, pharmaceuticals, household chemicals and toiletries; producing both food and non-food films; production of credit & debit cards; etc. is further driving the demand for DMT for producing PET polymer. Besides this, the increasing production of automotive parts; and electrical and electronic devices, such as computers, keyboards, etc., is increasing the demand for PBT, which is further increasing demand for DMT to produce PBT polymer.
PET serves as a Major Application
Among various applications, the major application of DMT serves to be in the production of PET resin and polymer. The application of PET has been increasing in various end-user industries, such as, packaging, construction, electronics, and automotive. The increasing demand for flexible packaging is further driving the demand for PET. Thus, with the rising PET demand from such industries, the production of PET is also projected to increase, which is likely to drive the demand for DMT in the coming years.
Asia-Pacific to Witness Highest Growth
Asia-Pacific is expected to dominate the market during the forecast period. Along with this, the region is also projected to witness highest growth, owing to the strong economic growth, increasing industrial output and investment attractiveness of the region. Investment attractive emerging economies, like China, India, Indonesia, etc. in the region, along with Japan, and the increasing output in various end-user industries, such as automotive, electrical & electronics, food & beverage, and pharmaceutical industry has been substantially adding to the demand for PET and PBT. Thus, with the increasing demand for such polymers, DMT demand is projected to witness strong growth in the region during the forecast period.
Major Players: A.B. Enterprises, Eastman Chemical Company, JSC Mogilevkhimvolokno, Teijin Ltd., and Oxxynova GmbH, amongst others.
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Reasons to Purchase this ReportTo understand the impact of increasing PET demand on the dimethyl terephthalate marketAnalyzing various perspectives of the market with the help of Porterâs five forces analysisTo understand the dominating application in the dimethyl terephthalate marketRegion & countries expected to witness fastest growth during the forecast period.Identifying the latest developments, market shares, and strategies employed by the major market players3-month analyst support, along with the Market Estimate sheet in excel
Key questions answered in the Dimethyl Terephthalate (DMT) Market Report are.
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Dimethyl Terephthalate (DMT) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Major Points from TOC of Dimethyl Terephthalate (DMT) Market Research Report 2018-2023:
1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
- RESEARCH METHODOLOGY
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
4.1.1 Rise in Defence Expenditure of Many Countries
4.1.2 Increasing Demand of Lightweight Materials in the Industry
4.2.1 Need for High Investments in R&D
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
- MARKET SEGMENTATION
1 By Application
5.2 End-user Sector
5.3.2 North America
5.3.4 South America
5.3.5 the Middle East & Africa
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