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Propylene Glycol Methyl Ether Acetate (PGMEA)-Global Market Insights and Sales Trends 2025

Propylene Glycol Methyl Ether Acetate (PGMEA)-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1826383

No of Pages : 108

Synopsis
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.
The global Propylene Glycol Methyl Ether Acetate (PGMEA) market size is expected to reach US$ 1097.6 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of Propylene Glycol Methyl Ether Acetate (PGMEA) in various end use industries. The expanding demands from the Industrial Solvents, Electronics and Others,, are propelling Propylene Glycol Methyl Ether Acetate (PGMEA) market. 99.5% min, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 99.9% min segment is estimated at % CAGR for the next seven-year period.
Global core propylene glycol methyl ether acetate (PGMEA) manufacturers include Dow, Shell Chemicals, LyondellBasell etc.The top 5 companies hold a share about 25%.Asia-Pacific is the largest market, with a share about 40%, followed by Europe and North America with the share about 28% and 23%.In terms of product, 99.5% min is the largest segment, with a share over 75%. And in terms of application, the largest application is industrial solvents, followed by electronics.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Propylene Glycol Methyl Ether Acetate (PGMEA), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Propylene Glycol Methyl Ether Acetate (PGMEA) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Propylene Glycol Methyl Ether Acetate (PGMEA) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Propylene Glycol Methyl Ether Acetate (PGMEA) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Propylene Glycol Methyl Ether Acetate (PGMEA) covered in this report include Dow, Shell Chemicals, LyondellBasell, Eastman Chemical, KH Neochem Co., Ltd, Shinko Organic Chemical, Dynamic Chemical, Jiangsu Hualun Chemical and Baichuan Stock, etc.
The global Propylene Glycol Methyl Ether Acetate (PGMEA) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Propylene Glycol Methyl Ether Acetate (PGMEA) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Propylene Glycol Methyl Ether Acetate (PGMEA) market, Segment by Type:
99.5% min
99.9% min
99% min
Global Propylene Glycol Methyl Ether Acetate (PGMEA) market, by Application
Industrial Solvents
Electronics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Propylene Glycol Methyl Ether Acetate (PGMEA) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Propylene Glycol Methyl Ether Acetate (PGMEA) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Propylene Glycol Methyl Ether Acetate (PGMEA) Market Overview
1.1 Propylene Glycol Methyl Ether Acetate (PGMEA) Product Overview
1.2 Propylene Glycol Methyl Ether Acetate (PGMEA) Market Segment by Type
1.2.1 99.5% min
1.2.2 99.9% min
1.2.3 99% min
1.3 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size by Type
1.3.1 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size Overview by Type (2018-2029)
1.3.2 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Propylene Glycol Methyl Ether Acetate (PGMEA) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Propylene Glycol Methyl Ether Acetate (PGMEA) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Propylene Glycol Methyl Ether Acetate (PGMEA) Sales Breakdown by Type (2018-2023)
2 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Competition by Company
2.1 Global Top Players by Propylene Glycol Methyl Ether Acetate (PGMEA) Sales (2018-2023)
2.2 Global Top Players by Propylene Glycol Methyl Ether Acetate (PGMEA) Revenue (2018-2023)
2.3 Global Top Players by Propylene Glycol Methyl Ether Acetate (PGMEA) Price (2018-2023)
2.4 Global Top Manufacturers Propylene Glycol Methyl Ether Acetate (PGMEA) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Propylene Glycol Methyl Ether Acetate (PGMEA) Market Competitive Situation and Trends
2.5.1 Propylene Glycol Methyl Ether Acetate (PGMEA) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Propylene Glycol Methyl Ether Acetate (PGMEA) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Propylene Glycol Methyl Ether Acetate (PGMEA) as of 2022)
2.7 Date of Key Manufacturers Enter into Propylene Glycol Methyl Ether Acetate (PGMEA) Market
2.8 Key Manufacturers Propylene Glycol Methyl Ether Acetate (PGMEA) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Propylene Glycol Methyl Ether Acetate (PGMEA) Status and Outlook by Region
3.1 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Historic Market Size by Region
3.2.1 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Region (2018-2023)
3.2.2 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Region (2018-2023)
3.2.3 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Forecasted Market Size by Region
3.3.1 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Region (2024-2029)
3.3.2 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Region (2024-2029)
3.3.3 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Propylene Glycol Methyl Ether Acetate (PGMEA) by Application
4.1 Propylene Glycol Methyl Ether Acetate (PGMEA) Market Segment by Application
4.1.1 Industrial Solvents
4.1.2 Electronics
4.1.3 Others
4.2 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size by Application
4.2.1 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size Overview by Application (2018-2029)
4.2.2 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Propylene Glycol Methyl Ether Acetate (PGMEA) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Propylene Glycol Methyl Ether Acetate (PGMEA) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Propylene Glycol Methyl Ether Acetate (PGMEA) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Propylene Glycol Methyl Ether Acetate (PGMEA) Sales Breakdown by Application (2018-2023)
5 North America Propylene Glycol Methyl Ether Acetate (PGMEA) by Country
5.1 North America Propylene Glycol Methyl Ether Acetate (PGMEA) Historic Market Size by Country
5.1.1 North America Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Country (2018-2023)
5.1.3 North America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Country (2018-2023)
5.2 North America Propylene Glycol Methyl Ether Acetate (PGMEA) Forecasted Market Size by Country
5.2.1 North America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Country (2024-2029)
5.2.2 North America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Country (2024-2029)
6 Europe Propylene Glycol Methyl Ether Acetate (PGMEA) by Country
6.1 Europe Propylene Glycol Methyl Ether Acetate (PGMEA) Historic Market Size by Country
6.1.1 Europe Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Country (2018-2023)
6.1.3 Europe Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Country (2018-2023)
6.2 Europe Propylene Glycol Methyl Ether Acetate (PGMEA) Forecasted Market Size by Country
6.2.1 Europe Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Country (2024-2029)
6.2.2 Europe Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Country (2024-2029)
7 Asia-Pacific Propylene Glycol Methyl Ether Acetate (PGMEA) by Region
7.1 Asia-Pacific Propylene Glycol Methyl Ether Acetate (PGMEA) Historic Market Size by Region
7.1.1 Asia-Pacific Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Propylene Glycol Methyl Ether Acetate (PGMEA) Forecasted Market Size by Region
7.2.1 Asia-Pacific Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Region (2024-2029)
8 Latin America Propylene Glycol Methyl Ether Acetate (PGMEA) by Country
8.1 Latin America Propylene Glycol Methyl Ether Acetate (PGMEA) Historic Market Size by Country
8.1.1 Latin America Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Country (2018-2023)
8.2 Latin America Propylene Glycol Methyl Ether Acetate (PGMEA) Forecasted Market Size by Country
8.2.1 Latin America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Country (2024-2029)
9 Middle East and Africa Propylene Glycol Methyl Ether Acetate (PGMEA) by Country
9.1 Middle East and Africa Propylene Glycol Methyl Ether Acetate (PGMEA) Historic Market Size by Country
9.1.1 Middle East and Africa Propylene Glycol Methyl Ether Acetate (PGMEA) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Propylene Glycol Methyl Ether Acetate (PGMEA) Forecasted Market Size by Country
9.2.1 Middle East and Africa Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Propylene Glycol Methyl Ether Acetate (PGMEA) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Dow
10.1.1 Dow Company Information
10.1.2 Dow Introduction and Business Overview
10.1.3 Dow Propylene Glycol Methyl Ether Acetate (PGMEA) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Dow Propylene Glycol Methyl Ether Acetate (PGMEA) Products Offered
10.1.5 Dow Recent Development
10.2 Shell Chemicals
10.2.1 Shell Chemicals Company Information
10.2.2 Shell Chemicals Introduction and Business Overview
10.2.3 Shell Chemicals Propylene Glycol Methyl Ether Acetate (PGMEA) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Shell Chemicals Propylene Glycol Methyl Ether Acetate (PGMEA) Products Offered
10.2.5 Shell Chemicals Recent Development
10.3 LyondellBasell
10.3.1 LyondellBasell Company Information
10.3.2 LyondellBasell Introduction and Business Overview
10.3.3 LyondellBasell Propylene Glycol Methyl Ether Acetate (PGMEA) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 LyondellBasell Propylene Glycol Methyl Ether Acetate (PGMEA) Products Offered
10.3.5 LyondellBasell Recent Development
10.4 Eastman Chemical
10.4.1 Eastman Chemical Company Information
10.4.2 Eastman Chemical Introduction and Business Overview
10.4.3 Eastman Chemical Propylene Glycol Methyl Ether Acetate (PGMEA) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Eastman Chemical Propylene Glycol Methyl Ether Acetate (PGMEA) Products Offered
10.4.5 Eastman Chemical Recent Development
10.5 KH Neochem Co., Ltd
10.5.1 KH Neochem Co., Ltd Company Information
10.5.2 KH Neochem Co., Ltd Introduction and Business Overview
10.5.3 KH Neochem Co., Ltd Propylene Glycol Methyl Ether Acetate (PGMEA) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 KH Neochem Co., Ltd Propylene Glycol Methyl Ether Acetate (PGMEA) Products Offered
10.5.5 KH Neochem Co., Ltd Recent Development
10.6 Shinko Organic Chemical
10.6.1 Shinko Organic Chemical Company Information
10.6.2 Shinko Organic Chemical Introduction and Business Overview
10.6.3 Shinko Organic Chemical Propylene Glycol Methyl Ether Acetate (PGMEA) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shinko Organic Chemical Propylene Glycol Methyl Ether Acetate (PGMEA) Products Offered
10.6.5 Shinko Organic Chemical Recent Development
10.7 Dynamic Chemical
10.7.1 Dynamic Chemical Company Information
10.7.2 Dynamic Chemical Introduction and Business Overview
10.7.3 Dynamic Chemical Propylene Glycol Methyl Ether Acetate (PGMEA) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Dynamic Chemical Propylene Glycol Methyl Ether Acetate (PGMEA) Products Offered
10.7.5 Dynamic Chemical Recent Development
10.8 Jiangsu Hualun Chemical
10.8.1 Jiangsu Hualun Chemical Company Information
10.8.2 Jiangsu Hualun Chemical Introduction and Business Overview
10.8.3 Jiangsu Hualun Chemical Propylene Glycol Methyl Ether Acetate (PGMEA) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Jiangsu Hualun Chemical Propylene Glycol Methyl Ether Acetate (PGMEA) Products Offered
10.8.5 Jiangsu Hualun Chemical Recent Development
10.9 Baichuan Stock
10.9.1 Baichuan Stock Company Information
10.9.2 Baichuan Stock Introduction and Business Overview
10.9.3 Baichuan Stock Propylene Glycol Methyl Ether Acetate (PGMEA) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Baichuan Stock Propylene Glycol Methyl Ether Acetate (PGMEA) Products Offered
10.9.5 Baichuan Stock Recent Development
10.10 Jiangsu Yida Chemical
10.10.1 Jiangsu Yida Chemical Company Information
10.10.2 Jiangsu Yida Chemical Introduction and Business Overview
10.10.3 Jiangsu Yida Chemical Propylene Glycol Methyl Ether Acetate (PGMEA) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Jiangsu Yida Chemical Propylene Glycol Methyl Ether Acetate (PGMEA) Products Offered
10.10.5 Jiangsu Yida Chemical Recent Development
10.11 Ruijia Chemistry
10.11.1 Ruijia Chemistry Company Information
10.11.2 Ruijia Chemistry Introduction and Business Overview
10.11.3 Ruijia Chemistry Propylene Glycol Methyl Ether Acetate (PGMEA) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Ruijia Chemistry Propylene Glycol Methyl Ether Acetate (PGMEA) Products Offered
10.11.5 Ruijia Chemistry Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Propylene Glycol Methyl Ether Acetate (PGMEA) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Propylene Glycol Methyl Ether Acetate (PGMEA) Industrial Chain Analysis
11.4 Propylene Glycol Methyl Ether Acetate (PGMEA) Market Dynamics
11.4.1 Propylene Glycol Methyl Ether Acetate (PGMEA) Industry Trends
11.4.2 Propylene Glycol Methyl Ether Acetate (PGMEA) Market Drivers
11.4.3 Propylene Glycol Methyl Ether Acetate (PGMEA) Market Challenges
11.4.4 Propylene Glycol Methyl Ether Acetate (PGMEA) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Propylene Glycol Methyl Ether Acetate (PGMEA) Distributors
12.3 Propylene Glycol Methyl Ether Acetate (PGMEA) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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