MarketSegmentation
By Product Type:
Polytrimethylene Terephthalate (PTT)
Polylactic Acid (PLA)
Bio-based Polyethylene Terephthalate (PET)
Polyamide (PA)
By Application:
Clothing
Protective Areas
Bags and Suitcases
Market Value
2024 Market Size: USD 793 million
2031 Projected Market Size: USD 1,753 million
Compound Annual Growth Rate (CAGR): 12.3%
(2025–2031)
Volume Growth: 600 K MT in 2024 to nearly 1,300 K MT by 2031
Market Opportunities
Growing environmental conce sustainable products
Government regulations prom
Rising consumer awareness a footprint
Opportunities:
Focus on R&D to enhance bio
Increasing consumer preferen
Sample Report
Key Players/Stakeholders
Major
Sample Report
Regional Analysis
Asia: 69% market share, driven by production capacities in China, Japan, and South Korea
Europe: 17% market share
North America: 13% market share
About Us
•Established in 2015, 24Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions in this ever-evolving sector. Since our inception, we have been dedicated to delivering in-depth market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.
