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.
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.

Market Analysis and Insights: Global and China Polytrimethylene Terephthalate (PTT) Market
This report focuses on global and China Polytrimethylene Terephthalate (PTT) market.
In 2020, the global Polytrimethylene Terephthalate (PTT) market size was US$ 968.5 million and it is expected to reach US$ 1677.5 million by the end of 2027, with a CAGR of 8.2% during 2021-2027. In China the Polytrimethylene Terephthalate (PTT) market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Polytrimethylene Terephthalate (PTT) Scope and Market Size
Polytrimethylene Terephthalate (PTT) market is segmented by region (country), players, by Type, and by Application. 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 revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Polytrimethylene Terephthalate (PTT) market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Petroleum Based
Bio Based

Segment by Application
Fiber
Engineering Plastics
Film Material

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
DuPont
Shenghong Group
GLORY
Teijin Frontier