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Polytrimethylene terephthalate (PTT) is an linear aromatic polyester made by the polycondensation of 1,3-propanediol (PDO) and purified terephthalic acid (PTA).
Polytrimethylene terephthalate (PTT) was first synthesized and patented in 1941 (Whinfield and Dickson, 1941) but was not produced commercially due to the expense of one of the precursors, 1,3-propanediol (PDO). The production of PDO was halted in the mid-1960 and ethylene oxide (EO) hydro formulation was developed as an alternative. In the early 1990’s, hydro formulation catalyst were created to allow for the economic formulation of PD. through continuous EO hydro formulation.
Demand is driven by demographics and the health of the economy. The profitability of individual companies depends on their ability to bid accurately, secure contracts, and control costs. Large companies enjoy economies of scale in financing and the ability to offer a broad range of services in many locations. Smaller companies can compete effectively by specializing in particular services or focusing on certain geography.
Market Analysis and Insights: Global Polytrimethylene Terephthalate (PTT) Market
In 2019, the global Polytrimethylene Terephthalate (PTT) market size was US$ 1581 million and it is expected to reach US$ 3498.5 million by the end of 2026, with a CAGR of 11.9% during 2021-2026.
Global Polytrimethylene Terephthalate (PTT) Scope and Market Size
Polytrimethylene Terephthalate (PTT) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Polytrimethylene Terephthalate (PTT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Polytrimethylene Terephthalate (PTT) market is segmented into
Petroleum Based PTT
Bio Based PTT
Segment by Application, the Polytrimethylene Terephthalate (PTT) market is segmented into
Fiber
Engineering Plastics
Film Material
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Polytrimethylene Terephthalate (PTT) market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Polytrimethylene Terephthalate (PTT) product introduction, recent developments, Polytrimethylene Terephthalate (PTT) sales by region, type, application and by sales channel.
The major companies include:
DowDuPont
Teijin Frontier
Shenghong Group
GLORY
...
Polytrimethylene terephthalate (PTT) was first synthesized and patented in 1941 (Whinfield and Dickson, 1941) but was not produced commercially due to the expense of one of the precursors, 1,3-propanediol (PDO). The production of PDO was halted in the mid-1960 and ethylene oxide (EO) hydro formulation was developed as an alternative. In the early 1990’s, hydro formulation catalyst were created to allow for the economic formulation of PD. through continuous EO hydro formulation.
Demand is driven by demographics and the health of the economy. The profitability of individual companies depends on their ability to bid accurately, secure contracts, and control costs. Large companies enjoy economies of scale in financing and the ability to offer a broad range of services in many locations. Smaller companies can compete effectively by specializing in particular services or focusing on certain geography.
Market Analysis and Insights: Global Polytrimethylene Terephthalate (PTT) Market
In 2019, the global Polytrimethylene Terephthalate (PTT) market size was US$ 1581 million and it is expected to reach US$ 3498.5 million by the end of 2026, with a CAGR of 11.9% during 2021-2026.
Global Polytrimethylene Terephthalate (PTT) Scope and Market Size
Polytrimethylene Terephthalate (PTT) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Polytrimethylene Terephthalate (PTT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Polytrimethylene Terephthalate (PTT) market is segmented into
Petroleum Based PTT
Bio Based PTT
Segment by Application, the Polytrimethylene Terephthalate (PTT) market is segmented into
Fiber
Engineering Plastics
Film Material
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and Polytrimethylene Terephthalate (PTT) Market Share AnalysisPolytrimethylene Terephthalate (PTT) market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Polytrimethylene Terephthalate (PTT) product introduction, recent developments, Polytrimethylene Terephthalate (PTT) sales by region, type, application and by sales channel.
The major companies include:
DowDuPont
Teijin Frontier
Shenghong Group
GLORY
...
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
