Dimethyl Terephthalate Market Growth by 2028

 Increasing demand for PET polymer is one of the significant factors influencing market growth.

Dimethyl Terephthalate Market Size – USD 847.5 Million in 2020, Growth - CAGR of 4.2%, Trends – Increasing demand from the APAC region

The global Dimethyl Terephthalate Market is expected to reach USD 1,185.9 Million by 2028, according to a new report by Reports and Data. The growth of the dimethyl terephthalate market is primarily owing to the increasing application of this organic compound, especially in the production of polyethylene terephthalate.

Dimethyl terephthalate finds application in the modification and improvement of polymer materials. It is deployed to produce esters that are utilized as plasticizers. Products such as polyester polyols, polyester resins, anhydrides, dyes and pigments, and insect repellents possess these plasticizers. Moreover, it is an elementary material in making several beneficial thermoplastics, X-ray, and video films, along with electrical capacitors.

Get a sample of the report: https://www.reportsanddata.com/sample-enquiry-form/2473

Top Lading Players: SK Innovation Co. Ltd., Artenius Turkpet, Cepsa Quimica, AB Enterprises, Eastman Chemical Company, Teijin Ltd., Oxxynova GmbH, Sinopec Limited, SASA, Bongaigaon Refinery & Petrochemicals Ltd., and Petrocel SA, among others.

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