Bio-based Polytrimethylene Terephthalate (PTT) Market

By Application;

Fiber, Engineering Plastics and Film Material

By End-User;

Textile, Automotive, Film & Coating, Consumer Goods, Industrial, Electrical & Electronics and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn148714820 Published Date: October, 2025 Updated Date: November, 2025

Bio-based Polytrimethylene Terephthalate (PTT) Market Overview

Bio-Based Polytrimethylene Terephthalate (Ptt) Market (USD Million)

Bio-Based Polytrimethylene Terephthalate (Ptt) Market was valued at USD 761.87 million in the year 2024. The size of this market is expected to increase to USD 1,305.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.


Bio-based Polytrimethylene Terephthalate (PTT) Market

*Market size in USD million

CAGR 8.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.0 %
Market Size (2024)USD 761.87 Million
Market Size (2031)USD 1,305.72 Million
Market ConcentrationMedium
Report Pages377
761.87
2024
1,305.72
2031

Major Players

  • DuPont,
  • Shenghong Group Co., Ltd.
  • Toray
  • TEIJIN LIMITED,
  • Zimmer MedizinSystems
  • Sinopec
  • SINOPEC YIZHENG CHEMICAL FIBRE LIMITED LIABILITY COMPANY
  • China National Petroleum Corporation
  • NXP Semiconductors Austria GmbH Styria
  • Xianglu Chemical Fiber Company Limited

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Bio-based Polytrimethylene Terephthalate (PTT) Market

Fragmented - Highly competitive market without dominant players


The Bio-based Polytrimethylene Terephthalate (PTT) Market is gaining momentum as industries shift towards sustainable polymers that reduce environmental footprint. Adoption of bio-based PTT has increased by over 35% in textiles and packaging, driven by demand for eco-friendly alternatives. Its durability, flexibility, and reduced carbon emissions make it a preferred option for manufacturers focused on green solutions.

Key Drivers Accelerating Growth
The emphasis on sustainability and reduced dependency on fossil-based raw materials is fueling adoption. Nearly 40% of manufacturing companies are exploring bio-based PTT to align with stricter environmental regulations. Its ability to offer high performance with lower carbon output positions it as a viable substitute for conventional synthetic fibers and resins in multiple applications.

Advancements Strengthening Market Adoption
Continuous progress in biotechnology, fermentation, and polymer processing has enhanced the production efficiency of bio-based PTT. Approximately 45% of new developments in polymer research are linked to renewable feedstocks, with bio-based PTT gaining traction due to its compatibility with advanced material science. These innovations support large-scale adoption across diverse industries.

Growth Prospects and Industry Outlook
The Bio-based PTT Market is expected to expand significantly with rising investment in bio-refineries and adoption of renewable materials in end-user industries. Around 55% of companies are planning to increase their share of sustainable polymers in the next production cycle. Strategic collaborations and technological partnerships will further accelerate the transition towards greener alternatives.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End-User
    3. Market Snapshot, By Region
  4. Bio-Based Polytrimethylene Terephthalate (Ptt) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Sustainability
        2. Regulatory Support
        3. Technological Advancements
      2. Restraints
        1. High Production Costs
        2. Limited Raw Material Supply
        3. Market Adoption Barriers
      3. Opportunities
        1. Expanding Applications
        2. Consumer Demand for Green Products
        3. R&D Innovations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Bio-based Polytrimethylene Terephthalate (PTT) Market, By Application, 2021 - 2031 (USD Million)
      1. Fiber
      2. Engineering Plastics
      3. Film Material
    2. Bio-based Polytrimethylene Terephthalate (PTT) Market, By End-User, 2021 - 2031 (USD Million)
      1. Textile
      2. Automotive
      3. Film & Coating
      4. Consumer Goods, Industrial
      5. Electrical & Electronics
      6. Others
    3. Bio-Based Polytrimethylene Terephthalate (Ptt) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. DuPont de Nemours, Inc.
      2. Trex Company, Inc.
      3. PTT Global Chemical Public Company Limited
      4. Mitsui Chemicals, Inc.
      5. Teijin Limited
      6. Eastman Chemical Company
      7. Covestro AG
      8. Sabic (Saudi Basic Industries Corporation)
      9. LyondellBasell Industries
      10. Toray Industries, Inc.
      11. Far Eastern New Century Corporation
      12. Indorama Ventures Public Company Limited
      13. ITC Limited
      14. China Petroleum & Chemical Corporation (Sinopec)
      15. Shandong Hualu-Hengsheng Chemical
  7. Analyst Views
  8. Future Outlook of the Market