Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Growth 2023-2029

Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Growth 2023-2029

Propylene glycol methyl ether acetate (PGMEA/PMA), CAS #: 108-65-6, is a colourless hygroscopic liquid with a special odour. It is a non-polluting solvent with multi-functional groups. Its molecular formula is C6H12O3. It is mainly used as a solvent for printing ink, paint, textile dyes, and textile oil. The electronic grade, which is further purified, can be used as the photoresist solvent and cleaning agent in the production of semiconductor and liquid crystal displays. PGMEA/PMA is flammable, and when the temperature is above 42°C, it may form explosive vapour/air mixture. This report is focused on propylene glycol monomethyl ether acetate Purity ≥ 99%.

The Propylene Glycol Methyl Ether Acetate (PGMEA) industry can be broken down into several segments, 99.9% min, 99.5% min, 99% min, etc.

Across the world, the major players cover Dow, Shell Chemicals, LyondellBasell, Eastman Chemical, KH Neochem Co., Ltd, Shinko Organic Chemical, Dynamic Chemical, Jiangsu Hualun Chemical, Baichuan Stock, Jiangsu Yida Chemical, etc.

LPI (LP Information)' newest research report, the “Propylene Glycol Methyl Ether Acetate (PGMEA) Industry Forecast” looks at past sales and reviews total world Propylene Glycol Methyl Ether Acetate (PGMEA) sales in 2022, providing a comprehensive analysis by region and market sector of projected Propylene Glycol Methyl Ether Acetate (PGMEA) sales for 2023 through 2029. With Propylene Glycol Methyl Ether Acetate (PGMEA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Propylene Glycol Methyl Ether Acetate (PGMEA) industry.

This Insight Report provides a comprehensive analysis of the global Propylene Glycol Methyl Ether Acetate (PGMEA) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Propylene Glycol Methyl Ether Acetate (PGMEA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Propylene Glycol Methyl Ether Acetate (PGMEA) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Propylene Glycol Methyl Ether Acetate (PGMEA) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Propylene Glycol Methyl Ether Acetate (PGMEA).

The global Propylene Glycol Methyl Ether Acetate (PGMEA) market size is projected to grow from US$ 766.9 million in 2022 to US$ 1078.4 million in 2029; it is expected to grow at a CAGR of 1078.4 from 2023 to 2029.

Global core propylene glycol methyl ether acetate (PGMEA) manufacturers include Dow, Shell Chemicals, LyondellBasell etc.The top 5 companies hold a share about 25%.Asia-Pacific is the largest market, with a share about 40%, followed by Europe and North America with the share about 28% and 23%.In terms of product, 99.5% min is the largest segment, with a share over 75%. And in terms of application, the largest application is industrial solvents, followed by electronics.

This report presents a comprehensive overview, market shares, and growth opportunities of Propylene Glycol Methyl Ether Acetate (PGMEA) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

99.5% min

99.9% min

99% min

Segmentation by application

Industrial Solvents

Electronics

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Dow

Shell Chemicals

LyondellBasell

Eastman Chemical

KH Neochem Co., Ltd

Shinko Organic Chemical

Dynamic Chemical

Jiangsu Hualun Chemical

Baichuan Stock

Jiangsu Yida Chemical

Ruijia Chemistry

Key Questions Addressed in this Report

What is the 10-year outlook for the global Propylene Glycol Methyl Ether Acetate (PGMEA) market?

What factors are driving Propylene Glycol Methyl Ether Acetate (PGMEA) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Propylene Glycol Methyl Ether Acetate (PGMEA) market opportunities vary by end market size?

How does Propylene Glycol Methyl Ether Acetate (PGMEA) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.