Top 10 Companies in the Southeast Asia Dimethyl Terephthalate (DMT) Industry (2025): Market Leaders Fueling Polyester Innovation

In Business Insights
August 06, 2025

The Southeast Asia Dimethyl Terephthalate (DMT) market is projected to grow from USD 2.45 Billion in 2023 to USD 3.68 Billion by 2028, expanding at a CAGR of 6.2% during the forecast period. This expansion is driven by increasing polyester demand across textiles, packaging, and industrial applications throughout Thailand, Indonesia, Vietnam, and Malaysia.

As regional manufacturers modernize production facilities and expand capacities, these top DMT producers are shaping Southeast Asia’s position as a global polyester production hub. Here we analyze the market leaders driving innovation across the DMT value chain.


🔟 1. Indorama Ventures Public Company Limited

Headquarters: Bangkok, Thailand
Key Offering: DMT, PTA, PET resins, textile fibers

As ASEAN’s largest integrated PET producer, Indorama operates multiple world-scale DMT production facilities across Thailand and Indonesia. The company’s superior esterification technology enables efficient conversion of PX to DMT.

Market Leadership:

  • 1.2 million metric tons annual DMT production capacity
  • Fully integrated from PX to polyester fiber
  • Strategic partnerships with regional PTA producers

Download FREE Sample Report: Southeast Asia Dimethyl Terephthalate (DMT) Market – View in Detailed Research Report


9️⃣ 2. SCG Chemicals Public Company Limited

Headquarters: Bangkok, Thailand
Key Offering: DMT, PET resins, specialty polyesters

SCG Chemicals operates Thailand’s second-largest DMT facility with advanced catalytic technology. The company supplies both domestic markets and exports across ASEAN.

Market Leadership:

  • 580,000 MT/year DMT production capacity
  • Co-located with upstream PX facilities
  • Strong foothold in packaging-grade resins

8️⃣ 3. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: High-purity DMT, engineering plastics

Mitsubishi Chemical produces ultra-pure DMT grades for specialty polyester applications. Their Thailand facility serves high-end polymer manufacturers across ASEAN.

Market Leadership:

  • Patented crystallization technology
  • Dedicated production for PBT resins
  • Technical collaborations with Japanese automakers

7️⃣ 4. Nan Ya Plastics Corporation

Headquarters: Taipei, Taiwan
Key Offering: DMT, PET resins, specialty polyesters

Nan Ya operates integrated DMT-PET complexes that supply Vietnam’s growing converter industry. The company maintains strategic inventory hubs in Malaysia and Thailand.

Market Leadership:

  • 450,000 MT/year regional DMT capacity
  • Specialty grades for bottle and film applications
  • Streamlined logistics across ASEAN

6️⃣ 5. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: DMT, high-performance fibers

Toray combines DMT production with specialty fiber manufacturing across its Southeast Asian facilities. The company’s closed-loop systems optimize raw material efficiency.

Market Leadership:

  • Proprietary continuous polymerization technology
  • Strategic partnerships with textile manufacturers
  • Automotive fiber applications

Download FREE Sample Report: Southeast Asia Dimethyl Terephthalate (DMT) Market – View in Detailed Research Report


5️⃣ 6. Reliance Industries Limited

Headquarters: Mumbai, India
Key Offering: DMT, PTA, polyester intermediates

Reliance exports substantial DMT volumes to Southeast Asia from its Jamnagar complex. The company is expanding technical textiles capabilities that utilize specialty DMT grades.

Market Leadership:

  • World’s largest aromatics complex
  • Cost-competitive logistics network
  • Growing presence in ASEAN technical textiles

4️⃣ 7. China Petrochemical Corporation (Sinopec)

Headquarters: Beijing, China
Key Offering: DMT, PTA, polyester staples

Sinopec supplies consistent DMT volumes to Southeast Asia through long-term contracts. Their Yangtze River production bases provide logistical advantages.

Market Leadership:

  • 2.8 million MT/year DMT capacity
  • Integrated aromatics to polyester chain
  • Stable supply arrangements

3️⃣ 8. Formosa Plastics Corporation

Headquarters: Kaohsiung, Taiwan
Key Offering: DMT, PTA, fiber intermediates

Formosa’s Vietnamese complex produces DMT primarily for local polyester fiber manufacturers. The company benefits from ASEAN free trade agreements.

Market Leadership:

  • Vietnam-based production advantages
  • Growing specialty applications focus
  • Backward integration with PX

2️⃣ 9. BP Global Petrochemicals

Headquarters: London, UK
Key Offering: DMT, PTA, specialty polyesters

BP supplies DMT to Southeast Asian converters through its Singapore trading hub. The company maintains technical partnerships with regional producers.

Market Leadership:

  • Patented DMT production technology
  • Supply chain optimization
  • Technical collaboration agreements

1️⃣ 10. PT Petrokimia Gresik

Headquarters: Gresik, Indonesia
Key Offering: DMT, PET resins, textile fibers

This state-owned enterprise operates Indonesia’s primary integrated DMT facility. The plant supplies domestic polyester fiber and packaging producers.

Market Leadership:

  • 500,000 MT/year nameplate capacity
  • Strategic location in East Java industrial zone
  • Government-supported expansions

Get Full Report Here: Southeast Asia Dimethyl Terephthalate (DMT) Market – View in Detailed Research Report


🌍 Market Outlook: DMT’s Expanding Role in Regional Development

Southeast Asia’s DMT market continues to evolve as producers optimize processes for both commodity and speciality applications. With polyester demand growing at 5-7% annually, DMT remains fundamental to the region’s industrial growth.

📈 Emerging Market Dynamics:

  • Technology upgrades for improved yield and energy efficiency
  • Expansion into high-value copolyester applications
  • Increasing circular economy initiatives in polyester value chains
  • Strategic partnerships across the PX-DMT-PET chain

Get Full Report Here: Southeast Asia Dimethyl Terephthalate (DMT) Market – View in Detailed Research Report

The companies above represent the backbone of Southeast Asia’s DMT industry – enabling regional polyester producers to compete globally while meeting evolving sustainability standards.