Report overview
Propylene glycol methyl ether, also known as 1-methoxy-2-propanol, is a colorless organic chemical compound. Generally, Propylene glycol methyl ether is medium boiling glycol ether that is categorized under P-series glycol ether group. This compound is produced by the reaction between propylene oxide and methanol which is carried out in presence catalyst. Propylene glycol methyl ether are used prevalently as an organic solvent in commercial as well as industrial applications such as printing ink, chemical, agricultural, and automotive, among others. The physico-chemical properties of Propylene glycol methyl ether such as excellent solvent activity, high dilution ratio, medium evaporation rate, and readily biodegradable nature, among other owing to which it appears as suitable alternative for petroleum based solvents.
This report aims to provide a comprehensive presentation of the global market for Propylene Glycol Monomethyl Ether (PGME), 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 (PGME). This report contains market size and forecasts of Propylene Glycol Monomethyl Ether (PGME) in global, including the following market information:
Global Propylene Glycol Monomethyl Ether (PGME) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Propylene Glycol Monomethyl Ether (PGME) Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Propylene Glycol Monomethyl Ether (PGME) companies in 2022 (%)
The global Propylene Glycol Monomethyl Ether (PGME) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Above 99.0% Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Propylene Glycol Monomethyl Ether (PGME) include DowDuPont, Eastman, BASF, Shell, LyondellBasell, Manali Petrochemicals Limited (MPL), Shinko Organic Chemical, KH Chemicals and Jiangsu Dynamic Chemistry, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Propylene Glycol Monomethyl Ether (PGME) 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 (PGME) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Propylene Glycol Monomethyl Ether (PGME) Market Segment Percentages, by Type, 2022 (%)
Above 99.0%
Above 99.5%
Others
Global Propylene Glycol Monomethyl Ether (PGME) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Propylene Glycol Monomethyl Ether (PGME) Market Segment Percentages, by Application, 2022 (%)
Automotive
Electronics
Paint & Coating
Chemical Industry
Others
Global Propylene Glycol Monomethyl Ether (PGME) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Propylene Glycol Monomethyl Ether (PGME) 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 (PGME) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Propylene Glycol Monomethyl Ether (PGME) revenues share in global market, 2022 (%)
Key companies Propylene Glycol Monomethyl Ether (PGME) sales in global market, 2018-2023 (Estimated), (MT)
Key companies Propylene Glycol Monomethyl Ether (PGME) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
DowDuPont
Eastman
BASF
Shell
LyondellBasell
Manali Petrochemicals Limited (MPL)
Shinko Organic Chemical
KH Chemicals
Jiangsu Dynamic Chemistry
Jiangsu RuiJia Chemical
Chang Chun Group
Jiangsu Hualun Chemical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Propylene Glycol Monomethyl Ether (PGME), market overview.
Chapter 2: Global Propylene Glycol Monomethyl Ether (PGME) market size in revenue and volume.
Chapter 3: Detailed analysis of Propylene Glycol Monomethyl Ether (PGME) 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 (PGME) 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 (PGME) 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.
