Propylene Glycol Methyl Ether Acetate (PGMEA) Market Analysis Segmented By Application (Production Solvents, Cleaning Solvents), By Type (Purity(GC)%≥ 99.5%, Purity(GC)%≥ 99.9%), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity 2023-2030
Market Overview
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.
The Market Research Update provides a detailed report study and highlights market share and size, and regional changing trends, production value prediction, new prospects for Propylene Glycol Methyl Ether Acetate (PGMEA) market development rate. This study report offers a current scenario of the market. The report also comprises several market dynamics.
Global Propylene Glycol Methyl Ether Acetate (PGMEA) market size will increase to Million US$ by 2030, from Million US$ in 2020, at a CAGR of during the forecast period. In this study, 2022 has been considered as the base year and 2022 to 2030 as the forecast period to estimate the market size for Propylene Glycol Methyl Ether Acetate (PGMEA).
Propylene Glycol Methyl Ether Acetate (PGMEA) Market Report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. This report also provides a balanced and detailed analysis of the on-going Propylene Glycol Methyl Ether Acetate (PGMEA) trends, opportunities-high growth areas, Propylene Glycol Methyl Ether Acetate (PGMEA) market drivers which would help the investors to devise and align their market strategies according to the current and future market dynamics.
The Propylene Glycol Methyl Ether Acetate (PGMEA) is projected to rise moderately in the projected time frame of 2023-2030.
Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market: Competitive Landscape
Major companies in the market include : Dow, Shell Chemicals, LyondellBasell, Eastman Chemical, KH Neochem Co., Ltd, Shinko Organic Chemical, Dynamic INTL, Jiangsu Hualun, Baichuan Stock, Yida, Ruijia Chemistry
Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Key Segments:
On the Basis of Type:
Purity(GC)%≥ 99.5%
Purity(GC)%≥ 99.9%
On the Basis of Application:
Production Solvents
Cleaning Solvents
Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The sample pages for this report are readily available on demand.
Along with the market overview, which comprises of the market dynamics includes Porter\'s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size. It explains various participants such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size.
This report provides an all-inclusive environment of the analysis for the Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size growth.
Objectives of Research study:
- To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
- The overview of the global Propylene Glycol Methyl Ether Acetate (PGMEA) market
- The report comprised of the market companies, to describe and define and analyze the Propylene Glycol Methyl Ether Acetate (PGMEA) market value, share competition landscape, development plans, and SWOT analysis.
- The report also involves the structure of the industry by identifying its several sub-segments.
The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase the market growth.
Key Questions Answered in This Report:
- How has the global Propylene Glycol Methyl Ether Acetate (PGMEA) market performed so far and how will it perform in the coming years?
- What are the key driving factors and challenges in the global Propylene Glycol Methyl Ether Acetate (PGMEA) market?
- What is the breakup of the global Propylene Glycol Methyl Ether Acetate (PGMEA) market on the basis of product type?
- What is the breakup of the global Propylene Glycol Methyl Ether Acetate (PGMEA) market on the basis of application?
- What are the key regional markets in the global Propylene Glycol Methyl Ether Acetate (PGMEA) industry?
- What is the structure of the global Propylene Glycol Methyl Ether Acetate (PGMEA) market and who are the key players?
- What has been the impact of COVID-19 on the global Propylene Glycol Methyl Ether Acetate (PGMEA) market?
- What are the various stages of growth strategies of the global Propylene Glycol Methyl Ether Acetate (PGMEA) market?
- What is the degree of competition in the global Propylene Glycol Methyl Ether Acetate (PGMEA) market?
- How are Propylene Glycol Methyl Ether Acetate (PGMEA) manufactured?
Propylene Glycol Methyl Ether Acetate (PGMEA) Market – Overview
1.1 Definitions, Overview, and Scope
1.2 Drivers, Restrain, Challenges, Opportunities
Propylene Glycol Methyl Ether Acetate (PGMEA) Market – Executive Summary
2.1 Market Revenue and Major Trends, and Challenges
Propylene Glycol Methyl Ether Acetate (PGMEA) Market – Comparative Analysis
3.1 Product Benchmarking
3.2 Financial Overview
3.3 Market Cost Divided
3.4 Estimating Examination
Propylene Glycol Methyl Ether Acetate (PGMEA) Market – Industry Market Entry Scenario
4.1 Governing Outline Summary
4.2 New Business index
4.3 Case Studies of Positive Schemes
Propylene Glycol Methyl Ether Acetate (PGMEA) Market Forces
5.1 Market Drivers
5.2 Market Restrains
5.3 Market New Opportunities
5.4 Market Challenges
5.4 Porters five force model
Propylene Glycol Methyl Ether Acetate (PGMEA) Market – Strategic Complete Overview
6.1 Value Chain Analysis
6.2 Market Opportunities Analysis
6.3 Market Challenges Analysis
6.4 Market Life Cycle
Propylene Glycol Methyl Ether Acetate (PGMEA) Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 The Middle East and Africa
7.5 Rest of the World
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