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Bio-Based PTT Polymerization, Global Market Size Forecast, Top 4 Players Rank and Market Share


According to the new market research report “Global Bio-Based PTT Polymerization Market Report 2023-2029”, published by QYResearch, the global Bio-Based PTT Polymerization market size is projected to reach USD 2.33 billion by 2029, at a CAGR of 24.5% during the forecast period.

According to QYResearch Top Players Research Center, the global key manufacturers of Bio-Based PTT Polymerization include Huafeng Group (DuPont), Tsing Da Zhi Xing, etc. In 2022, the global top three players had a share approximately 93.6% in terms of revenue.

Market Drivers:
1.As a bio based chemical fiber, compared with traditional petroleum based chemical fiber, PTT fiber has the characteristics of environmental friendliness, renewable raw materials and so on, so it has broad development prospects. 1,3-propanediol is an important monomer raw material for the production of PTT. With the drive of downstream PTT fibers, the market demand for 1,3-propanediol will gradually increase.
2.With the increasing emphasis on environmental protection in various countries around the world, environmentally friendly materials have become a key development direction. In recent years, relevant departments of various countries have successively issued policies to encourage and support the development of bio based 1,3-propanediol.
3.With the continuous development of the industry, production technology has gradually expanded from the initial DuPont monopoly production to the Tsinghua University team technology production route. The upstream raw materials available for selection are gradually becoming more abundant. The product performance is gradually superior, and the application range is further expanded.

For more information, please contact the following e-mail address:
Email: global@qyresearch.com
Website: https://www.qyresearch.com
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.



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Last Update : Mar 28, 2024 10:55 PM
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Item  Owner  : Joyce
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