Dimethyl Terephthalate (DMT) Market Size, Share, Opportunities, And Trends By Form (Flake (Solid) DMT, Liquid DMT), By Application (Polyester Film, Polyester Fiber, PET Resin, Other Applications (Including PBT)), And By Geography - Forecasts From 2025 To 2030

The dimethyl terephthalate market is valued at a CAGR of 0.77%, reaching a market size of US$932.635 million in 2030 from US$854.754 million in 2025.

Prominent drivers, such as the rising demand for polyethylene terephthalate (PET) products, especially from the packaging industry, are propelling the dimethyl terephthalate (DMT) market expansion. Polyethylene terephthalate finds its application due to its durability, lightweight, and recyclability. It is widely used in manufacturing plastic bottles, films, and fibers.

Further, DMT is used for polyester fibers, which are used in synthetic materials and are less expensive than natural fibers. Due to the expansion of the global textile industry, the demand for polyester fibers is driving the need for DMT. Additionally, with the growing automotive industry worldwide, the application of DMT for polyester resins and fibers in the body parts of vehicles will also expand.

• According to WITS (World Integrated Trade Solution), in 2021, the top importers of Dimethyl terephthalate are Luxembourg, which imported 67,202,800 Kg, China with 29,626,100 Kg, and Japan with 23,845,600 Kg. The Netherlands and France imported 11,209,200 Kg and 8,810,590 Kg, respectively.
• In China, chemical fiber output growth rate increased in 2023 compared to 2022. According to the National Bureau of Statistics, the output of chemical fibers in 2023 totaled 68.72 million tons, witnessing growth of 8.5%. Major products manufactured in the country included textile yarns, fabrics, etc.

What are the dimethyl terephthalate (DMT) market drivers?

• Growing demand for polyethylene terephthalate (PET) and polybutylene terephthalate (PBT)

PET is made by polymerizing ethylene glycol with terephthalic acid or transesterification with dimethyl terephthalate. The increasing demand for PET would lead to the growing application of dimethyl terephthalate. PET plastics have increased significantly over the past few years, replacing glass and PVC. In February 2023,  SUEZ, Loop Industries, and SK Geo Centric announced the selection of Saint-Avold, France, as the site to manufacture virgin-quality PET plastic made from 100% recycled content. The facility would manufacture 100% recycled and infinitely recyclable virgin-quality polyethylene terephthalate (“PET”) resin and has a capacity of 70,000 metric tons per year.

Further, in February 2024, Mitsubishi Chemical Group developed the ZR Series of NOVADURAN PBT resin, a foaming grade with ultra-low specific gravity. The ZR Series is a new grade having rigid fiber-reinforced engineering plastic. These polymers are used to produce plastics, textiles, bottles, and packaging products. The increased application of polyethylene terephthalate and polybutylene terephthalate would lead to the demand for DMT.

• Rising demand for plasticizers

Plasticizers are used in the industry to increase the workability, flexibility, and durability of polymers like PVC. It is used in industries such as automobiles, medical, and consumer goods. Plasticizers are one of the major chemicals. However, a trend toward sustainability and eco-friendly materials is significantly impacting the demand for polymer materials.

Segment analysis of the dimethyl terephthalate (DMT) market:

• The dimethyl terephthalate (DMT) market is segmented into five regions worldwide

By geography, the dimethyl terephthalate (DMT) market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries.

The Asia Pacific region is expected to see the fastest growth in the dimethyl terephthalate market due to its increasing applications in consumer electronics, automobiles, and the aerospace industry.

North America is also expected to have a significant market share for DMT due to its major utilization across various industries, such as polyethylene terephthalate and polybutylene terephthalate manufacturing.

Dimethyl terephthalate (DMT) market is segmented by form and application.

By Form, the market is segmented into flake (Solid) DMT and liquid DMT. Flake (Solid) DMT would witness demand due to its application in the fibers used in the manufacturing of yarns, ropes, seatbelts,  and other industrial products. Liquid DMT demand would witness demand from the end-user industries like textile and chemical industries.

Major hindrances in the dimethyl terephthalate (DMT) market:

• The prices of raw materials used in DMT production face price volatilities, which would impact the overall production costs and profit margins. Stringent environmental regulations concerning the production of DMT cause increased production costs and limit the market rise.

Key developments in the dimethyl terephthalate (DMT) market:

The DMT market leaders are Eastman Chemical Company, Merck KGaA, Tokyo Chemical Industry Pvt. Ltd., DDBST GmbH, Spida Group, and SK Chemicals, among others. These key players implement growth strategies such as product launches, mergers, acquisitions, etc., to gain a competitive advantage.

• In February 2023, RePEaT Co., Ltd. licensed its chemical recycling technology for polyester products to Zhejiang Jianxin Jiaren New Materials Co., Ltd., as the world's first company to be licensed by RePEaT. RePEaT is a joint venture established by Teijin Limited, JGC Holdings Corporation, and ITOCHU Corporation to license recycling technology based on Teijin’s DMT expertise. It provides a technology that uses the organic compound DMT for the chemical decomposition and repolymerization of polyester (PET).

Dimethyl Terephthalate (DMT) Market Scope: 

Report Metric	Details
Dimethyl Terephthalate (DMT) Market Size in 2025	US$854.754 million
Dimethyl Terephthalate (DMT) Market Size in 2030	US$932.635 million
Growth Rate	CAGR of 0.77%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2025
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Million
Segmentation	Form Application Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Dimethyl Terephthalate (DMT) Market	Eastman Chemical Company Merck KGaA Tokyo Chemical Industry Pvt. Ltd. DDBST GmbH Amadis Chemical Company Limited.
Customization Scope	Free report customization with purchase

 

The dimethyl terephthalate (DMT) market is analyzed into the following segments:

• By  Form
  • Flake (Solid) DMT
  • Liquid DMT
• By Application
  • Polyester Film
  • Polyester Fiber
  • PET Resin
  • Other Applications (Including PBT)
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Rest of the Middle East and Africa
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Rest of Asia-Pacific

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.1.1. Growing demand for polyethylene terephthalate (PET) and polybutylene terephthalate (PBT)

4.1.2. Rising demand for plasticizers

4.2. Market Restraints

4.2.1. Availability of substitutes

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. DIMETHYL TEREPHTHALATE (DMT) MARKET BY FORM

5.1. Introduction

5.2. Flake (Solid) DMT

5.3. Liquid DMT

6. DIMETHYL TEREPHTHALATE (DMT) MARKET BY APPLICATION 

6.1. Introduction

6.2. Polyester Film

6.3. Polyester Fiber

6.4. PET Resin

6.5. Other Applications (Including PBT)

7. DIMETHYL TEREPHTHALATE (DMT) MARKET BY GEOGRAPHY

7.1. Global Overview

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Rest of South America

7.4. Europe

7.4.1. United Kingdom

7.4.2. Germany

7.4.3. France

7.4.4. Italy

7.4.5. Spain

7.4.6. Rest of Europe

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. United Arab Emirates

7.5.3. Rest of the Middle East and Africa

7.6. Asia-Pacific

7.6.1. China

7.6.2. India

7.6.3. Japan

7.6.4. South Korea

7.6.5. Taiwan

7.6.6. Thailand

7.6.7. Indonesia

7.6.8. Rest of Asia-Pacific

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES 

9.1. Eastman Chemical Company 

9.2. Merck KGaA

9.3. Tokyo Chemical Industry Pvt. Ltd.

9.4. DDBST GmbH

9.5. Amadis Chemical Company Limited.

9.6. Connect Chemicals

9.7. Fiber Intermediate Products Company

9.8. OAO Mogilevkhimvolokno

9.9. Sarna Chemicals

9.10. Spida Group

9.11. SK Chemicals

Eastman Chemical Company 

Merck KGaA

Tokyo Chemical Industry Pvt. Ltd.

DDBST GmbH

Amadis Chemical Company Limited.

Connect Chemicals

Fiber Intermediate Products Company

OAO Mogilevkhimvolokno

Sarna Chemicals

Spida Group

SK Chemicals