Propylene Glycol Methyl Ether Acetate (PGMEA) Market, Global Outlook and Forecast 2023-2028

Report ID: 1786493 | Published Date: Jan 2025 | No. of Page: 71 | Base Year: 2024 | Rating: 4.9 | Webstory: Check our Web story

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.
This report contains market size and forecasts of Propylene Glycol Methyl Ether Acetate (PGMEA) in global, including the following market information:
Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Propylene Glycol Methyl Ether Acetate (PGMEA) companies in 2021 (%)
The global Propylene Glycol Methyl Ether Acetate (PGMEA) market was valued at 806.7 million in 2021 and is projected to reach US$ 1105.4 million by 2028, at a CAGR of 4.6% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
99.5% min Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Propylene Glycol Methyl Ether Acetate (PGMEA) include Dow, Shell Chemicals, LyondellBasell, Eastman Chemical, KH Neochem Co., Ltd, Shinko Organic Chemical, Dynamic Chemical, Jiangsu Hualun Chemical and Baichuan Stock, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Propylene Glycol Methyl Ether Acetate (PGMEA) 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 Methyl Ether Acetate (PGMEA) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Segment Percentages, by Type, 2021 (%)
99.5% min
99.9% min
99% min
Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Segment Percentages, by Application, 2021 (%)
Industrial Solvents
Electronics
Others
Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Segment Percentages, By Region and Country, 2021 (%)
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 Methyl Ether Acetate (PGMEA) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Propylene Glycol Methyl Ether Acetate (PGMEA) revenues share in global market, 2021 (%)
Key companies Propylene Glycol Methyl Ether Acetate (PGMEA) sales in global market, 2017-2022 (Estimated), (MT)
Key companies Propylene Glycol Methyl Ether Acetate (PGMEA) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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

Frequently Asked Questions
Propylene Glycol Methyl Ether Acetate Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Propylene Glycol Methyl Ether Acetate Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Propylene Glycol Methyl Ether Acetate Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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