Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Propylene Glycol Methyl Ether Acetate (PGMEA) market including various factors related to and dependent influencing the market growth.
Propylene glycol monomethyl ether acetate (PGMEA/PMA), also known as propylene glycol methyl ether acetate, is a colorless hygroscopic liquid with a special odor. 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 vapor/air mixture.
Propylene Glycol Methyl Ether Acetate (PGMEA) for Electronic Materials production market is relatively concentrated. Europe is the Major Production area as well as the leading consumption market. However, small players in other areas like China and Japan are growing fast in recent years, and they are seeing to keep the growing trend in the next forecast decade.
Price of Propylene Glycol Methyl Ether Acetate (PGMEA) for Electronic Materials fluctuated obviously in 2013-2016, due to the upward trend of PM solvent, the PGMEA price is forecasted to keep a growing trend in next few years.
The end-use market for electronic grade propylene glycol methyl ether acetate is huge, manufacturing process and technologies are still improving. We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve.
Global Propylene Glycol Methyl Ether Acetate (PGMEA) market size will increase to xx Million US$ by 2030, from xx Million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Propylene Glycol Methyl Ether Acetate (PGMEA).
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Propylene Glycol Methyl Ether Acetate (PGMEA) market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Propylene Glycol Methyl Ether Acetate (PGMEA) market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Propylene Glycol Methyl Ether Acetate (PGMEA) market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Propylene Glycol Methyl Ether Acetate (PGMEA) Market:
The major competitors working in the market are:
, Dow, Shell Chemicals, LyondellBasell, Eastman Chemical, KH Neochem Co., Ltd, Shinko Organic Chemical, Dynamic INTL, Jiangsu Hualun, Baichuan Stock, Yida, Ruijia Chemistry
Market by Order Type
Purity(GC)%≥ 99.5%
Purity(GC)%≥ 99.9%
Propylene Glycol Methyl Ether Acetate (PGMEA) Data by Application
Production Solvents
Cleaning Solvents
Propylene Glycol Methyl Ether Acetate (PGMEA) Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Propylene Glycol Methyl Ether Acetate (PGMEA) market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Propylene Glycol Methyl Ether Acetate (PGMEA) Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Propylene Glycol Methyl Ether Acetate (PGMEA) market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Propylene Glycol Methyl Ether Acetate (PGMEA) market size and their forecasts
- To provide strategic profiles of the key players operating in the Propylene Glycol Methyl Ether Acetate (PGMEA) market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Propylene Glycol Methyl Ether Acetate (PGMEA) market
Target Audiences for Propylene Glycol Methyl Ether Acetate (PGMEA) Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
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