Get the latest insights on price movement and trends analysis of Polytrimethylene Terephthalate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Polytrimethylene Terephthalate Price Trends for the First Half of 2023
Polytrimethylene Terephthalate is a popular polyester with high abrasion resistance, usually used for manufacturing tensile long-lasting, and flexible fibers. Polytrimethylene Terephthalate prices fluctuated throughout the first half of 2023.
In the Asian market, Polytrimethylene Terephthalate performed well as the trade activities around it increased as the market started reviving after a long break because of the Covid-19 pandemic. Inventories had been exhausted, and production was halted for a long time, so the demand rebounded in the market as the trade exchanges resumed. Hence, the price trends for Polytrimethylene Terephthalate observed an inclined trajectory for most of the said period.
On the other hand, the resumption of manufacturing activities in China had a reverse effect on market behavior. Since the trade routes were restored and Asian supplies were again made available, the European market started normalizing, and Polytrimethylene Terephthalate prices dwelled lowly for the period concerned. Similarly, the American market regained access to Asian imports, which, coupled with the declining demands from consuming markets, pushed the prices down, and the market exhibited low swinging trends.
According to Procurement Resource, the price trends for the Polytrimethylene Terephthalate market are expected to remain fluctuating in the coming quarter, given the oversupplied inventories and sluggish market activities.
Procurement Resource provides latest prices of Polytrimethylene Terephthalate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
PTT is a semi-aromatic thermoplastic polyester which can be easily thermoformed and spun in high-quality fibres. It is obtained by polymerizing or transesterifying 1,3-propanediol and terephthalic acid or dimethyl terephthalate. Its mechanical properties resemble PET, whereas its flexibility and moulding capabilities resemble PBT. PTT is widely used in making fibres for carpets due to its high tensile strength, durability, and excellent abrasion resistance.
|Product Name||Polytrimethylene Terephthalate|
|Industrial Uses||Automotives, Textiles, Electronics, Packaging and Films|
|Synonyms||PTT, Poly-1,3-propylene terephthalate|
|Supplier Database||DuPont, RTP, Sinopec, Eastman Chemical Co., Royal Dutch/Shell Group of Companies|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
PTT is produced by the polymerization of 1,3-propanediol and terephthalic acid or dimethyl terephthalate. The feedstocks are initially fed into the system, which turns them into a feed slurry. From there, it is transported to the reactors, where the esterification occurs in the presence of suitable catalysts. Then, vacuum and heat are applied to remove water for polymerization to occur, giving the desired PTT.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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