Market Size of Polytrimethylene Terephthalate Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Polytrimethylene Terephthalate Market Analysis
The market for polytrimethylene terephthalate is expected to grow at a CAGR of over 4% globally during the forecast period. The major factor driving the market is the growing demand from the textile industry. On the flip side, higher production costs are hindering the market growth.
- Polytrimethylene terephthalate market is expected to grow during the forecast period owing to the increasing demand from the apparel industry.
- Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries such as China, India, and Japan.
