Report overview
Propylene glycol monomethyl ether acetate (PGMEA/PMA), also known as propylene glycol methyl ether acetate, is a colorless hygroscopic liquid with a unique odor. It is a non-polluting solvent with multi-functional groups. Its molecular formula is C6H12O3. Not only it is used as a solvent for printing ink, paint, ink, textile dyes and textile oil, it is also used as a cleaning agent in the production of liquid crystal displays. PGMEA/PMA is flammable, and when the temperature is above 42?C, it may form explosive vapor/air mixture.
This report aims to provide a comprehensive presentation of the global market for Propylene Glycol Monomethyl Ether Acetate (PMA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Propylene Glycol Monomethyl Ether Acetate (PMA). This report contains market size and forecasts of Propylene Glycol Monomethyl Ether Acetate (PMA) in global, including the following market information:
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Propylene Glycol Monomethyl Ether Acetate (PMA) companies in 2022 (%)
The global Propylene Glycol Monomethyl Ether Acetate (PMA) market was valued at US$ 743.4 million in 2022 and is projected to reach US$ 1003.8 million by 2029, at a CAGR of 4.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key propylene glycol monomethyl ether acetate (PMA) players include Dow, LyondellBasell, Shell Chemicals etc. The top 5 companies hold a share about 50%. China is the largest market, with a share about 35%, followed by Europe and North America with the share about 25% and 17%. In terms of product, industrial grade is the largest segment, with a share over 70%. And in terms of application, the largest application is coatings and inks, followed by electronics and cleaners.
We surveyed the Propylene Glycol Monomethyl Ether Acetate (PMA) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market Segment Percentages, by Type, 2022 (%)
Industrial Grade PMA
Electronic Grade PMA
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market Segment Percentages, by Application, 2022 (%)
Coatings and Inks
Electronics
Cleaners
Others
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Propylene Glycol Monomethyl Ether Acetate (PMA) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Propylene Glycol Monomethyl Ether Acetate (PMA) revenues share in global market, 2022 (%)
Key companies Propylene Glycol Monomethyl Ether Acetate (PMA) sales in global market, 2018-2023 (Estimated), (MT)
Key companies Propylene Glycol Monomethyl Ether Acetate (PMA) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Dow
Shell Chemicals
LyondellBasell
Eastman
KH Neochem
Shinko Organic Chemical Industry Ltd
Daicel
Chang Chun Group
Shiny Chemical Industrial Co
San Fu Chemical Co
Jiangsu Dynamic
Jiangsu Hualun
Yida Chemical
Jiangsu Baichuan
Jiangsu Sanmu
Outline of Major Chapters:
Chapter 1: Introduces the definition of Propylene Glycol Monomethyl Ether Acetate (PMA), market overview.
Chapter 2: Global Propylene Glycol Monomethyl Ether Acetate (PMA) market size in revenue and volume.
Chapter 3: Detailed analysis of Propylene Glycol Monomethyl Ether Acetate (PMA) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Propylene Glycol Monomethyl Ether Acetate (PMA) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Propylene Glycol Monomethyl Ether Acetate (PMA) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
