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Propylene Glycol Monomethyl Ether-Global Market Insights and Sales Trends 2025
Synopsis
Propylene glycol methyl ether (PGME) is a clear, colorless liquid with an ether-like odor. PGME is completely soluble in water, with moderate volatility. used in the chemical, agricultural, automotive, paint, lacquer, and varnish industries. It is predominant use is as a solvent in various manufacturing processes and as a chemical building block for the manufacture of propylene glycol methyl ether acetate (PMA).
The global Propylene Glycol Monomethyl Ether market size is expected to reach US$ 530.8 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Propylene Glycol Monomethyl Ether in various end use industries. The expanding demands from the Chemical Application, Coating Application, Pesticide Application and Ink Application, are propelling Propylene Glycol Monomethyl Ether market. Purity Below 99%, 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 Purity 99-99.5% segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Propylene Glycol Monomethyl Ether market, driven by demand from China, the second largest economy with some signs of stabilising, the Propylene Glycol Monomethyl Ether market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Monomethyl Ether, 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 Monomethyl Ether 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 Monomethyl Ether market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Propylene Glycol Monomethyl Ether 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 Monomethyl Ether covered in this report include DowDuPont, Shell, Taimax, BASF, Eastman Chemical, KH Chemicals, LyondellBasell and SKC, etc.
The global Propylene Glycol Monomethyl Ether market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DowDuPont
Shell
Taimax
BASF
Eastman Chemical
KH Chemicals
LyondellBasell
SKC
Global Propylene Glycol Monomethyl Ether 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 Monomethyl Ether market, Segment by Type:
Purity Below 99%
Purity 99-99.5%
Purity Above 99.5%
Global Propylene Glycol Monomethyl Ether market, by Application
Chemical Application
Coating Application
Pesticide Application
Ink Application
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 Monomethyl Ether 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 Monomethyl Ether 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.
Propylene glycol methyl ether (PGME) is a clear, colorless liquid with an ether-like odor. PGME is completely soluble in water, with moderate volatility. used in the chemical, agricultural, automotive, paint, lacquer, and varnish industries. It is predominant use is as a solvent in various manufacturing processes and as a chemical building block for the manufacture of propylene glycol methyl ether acetate (PMA).
The global Propylene Glycol Monomethyl Ether market size is expected to reach US$ 530.8 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Propylene Glycol Monomethyl Ether in various end use industries. The expanding demands from the Chemical Application, Coating Application, Pesticide Application and Ink Application, are propelling Propylene Glycol Monomethyl Ether market. Purity Below 99%, 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 Purity 99-99.5% segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Propylene Glycol Monomethyl Ether market, driven by demand from China, the second largest economy with some signs of stabilising, the Propylene Glycol Monomethyl Ether market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Monomethyl Ether, 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 Monomethyl Ether 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 Monomethyl Ether market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Propylene Glycol Monomethyl Ether 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 Monomethyl Ether covered in this report include DowDuPont, Shell, Taimax, BASF, Eastman Chemical, KH Chemicals, LyondellBasell and SKC, etc.
The global Propylene Glycol Monomethyl Ether market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DowDuPont
Shell
Taimax
BASF
Eastman Chemical
KH Chemicals
LyondellBasell
SKC
Global Propylene Glycol Monomethyl Ether 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 Monomethyl Ether market, Segment by Type:
Purity Below 99%
Purity 99-99.5%
Purity Above 99.5%
Global Propylene Glycol Monomethyl Ether market, by Application
Chemical Application
Coating Application
Pesticide Application
Ink Application
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 Monomethyl Ether 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 Monomethyl Ether 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.
Index1 Propylene Glycol Monomethyl Ether Market Overview
1.1 Propylene Glycol Monomethyl Ether Product Overview
1.2 Propylene Glycol Monomethyl Ether Market Segment by Type
1.2.1 Purity Below 99%
1.2.2 Purity 99-99.5%
1.2.3 Purity Above 99.5%
1.3 Global Propylene Glycol Monomethyl Ether Market Size by Type
1.3.1 Global Propylene Glycol Monomethyl Ether Market Size Overview by Type (2018-2029)
1.3.2 Global Propylene Glycol Monomethyl Ether Historic Market Size Review by Type (2018-2023)
1.3.3 Global Propylene Glycol Monomethyl Ether Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Propylene Glycol Monomethyl Ether Sales Breakdown by Type (2018-2023)
1.4.2 Europe Propylene Glycol Monomethyl Ether Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Propylene Glycol Monomethyl Ether Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Propylene Glycol Monomethyl Ether Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Propylene Glycol Monomethyl Ether Sales Breakdown by Type (2018-2023)
2 Global Propylene Glycol Monomethyl Ether Market Competition by Company
2.1 Global Top Players by Propylene Glycol Monomethyl Ether Sales (2018-2023)
2.2 Global Top Players by Propylene Glycol Monomethyl Ether Revenue (2018-2023)
2.3 Global Top Players by Propylene Glycol Monomethyl Ether Price (2018-2023)
2.4 Global Top Manufacturers Propylene Glycol Monomethyl Ether Manufacturing Base Distribution, Sales Area, Product Type
2.5 Propylene Glycol Monomethyl Ether Market Competitive Situation and Trends
2.5.1 Propylene Glycol Monomethyl Ether Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Propylene Glycol Monomethyl Ether 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 Monomethyl Ether as of 2022)
2.7 Date of Key Manufacturers Enter into Propylene Glycol Monomethyl Ether Market
2.8 Key Manufacturers Propylene Glycol Monomethyl Ether Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Propylene Glycol Monomethyl Ether Status and Outlook by Region
3.1 Global Propylene Glycol Monomethyl Ether Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Propylene Glycol Monomethyl Ether Historic Market Size by Region
3.2.1 Global Propylene Glycol Monomethyl Ether Sales in Volume by Region (2018-2023)
3.2.2 Global Propylene Glycol Monomethyl Ether Sales in Value by Region (2018-2023)
3.2.3 Global Propylene Glycol Monomethyl Ether Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Propylene Glycol Monomethyl Ether Forecasted Market Size by Region
3.3.1 Global Propylene Glycol Monomethyl Ether Sales in Volume by Region (2024-2029)
3.3.2 Global Propylene Glycol Monomethyl Ether Sales in Value by Region (2024-2029)
3.3.3 Global Propylene Glycol Monomethyl Ether Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Propylene Glycol Monomethyl Ether by Application
4.1 Propylene Glycol Monomethyl Ether Market Segment by Application
4.1.1 Chemical Application
4.1.2 Coating Application
4.1.3 Pesticide Application
4.1.4 Ink Application
4.1.5 Others
4.2 Global Propylene Glycol Monomethyl Ether Market Size by Application
4.2.1 Global Propylene Glycol Monomethyl Ether Market Size Overview by Application (2018-2029)
4.2.2 Global Propylene Glycol Monomethyl Ether Historic Market Size Review by Application (2018-2023)
4.2.3 Global Propylene Glycol Monomethyl Ether Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Propylene Glycol Monomethyl Ether Sales Breakdown by Application (2018-2023)
4.3.2 Europe Propylene Glycol Monomethyl Ether Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Propylene Glycol Monomethyl Ether Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Propylene Glycol Monomethyl Ether Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Propylene Glycol Monomethyl Ether Sales Breakdown by Application (2018-2023)
5 North America Propylene Glycol Monomethyl Ether by Country
5.1 North America Propylene Glycol Monomethyl Ether Historic Market Size by Country
5.1.1 North America Propylene Glycol Monomethyl Ether Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Propylene Glycol Monomethyl Ether Sales in Volume by Country (2018-2023)
5.1.3 North America Propylene Glycol Monomethyl Ether Sales in Value by Country (2018-2023)
5.2 North America Propylene Glycol Monomethyl Ether Forecasted Market Size by Country
5.2.1 North America Propylene Glycol Monomethyl Ether Sales in Volume by Country (2024-2029)
5.2.2 North America Propylene Glycol Monomethyl Ether Sales in Value by Country (2024-2029)
6 Europe Propylene Glycol Monomethyl Ether by Country
6.1 Europe Propylene Glycol Monomethyl Ether Historic Market Size by Country
6.1.1 Europe Propylene Glycol Monomethyl Ether Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Propylene Glycol Monomethyl Ether Sales in Volume by Country (2018-2023)
6.1.3 Europe Propylene Glycol Monomethyl Ether Sales in Value by Country (2018-2023)
6.2 Europe Propylene Glycol Monomethyl Ether Forecasted Market Size by Country
6.2.1 Europe Propylene Glycol Monomethyl Ether Sales in Volume by Country (2024-2029)
6.2.2 Europe Propylene Glycol Monomethyl Ether Sales in Value by Country (2024-2029)
7 Asia-Pacific Propylene Glycol Monomethyl Ether by Region
7.1 Asia-Pacific Propylene Glycol Monomethyl Ether Historic Market Size by Region
7.1.1 Asia-Pacific Propylene Glycol Monomethyl Ether Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Propylene Glycol Monomethyl Ether Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Propylene Glycol Monomethyl Ether Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Propylene Glycol Monomethyl Ether Forecasted Market Size by Region
7.2.1 Asia-Pacific Propylene Glycol Monomethyl Ether Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Propylene Glycol Monomethyl Ether Sales in Value by Region (2024-2029)
8 Latin America Propylene Glycol Monomethyl Ether by Country
8.1 Latin America Propylene Glycol Monomethyl Ether Historic Market Size by Country
8.1.1 Latin America Propylene Glycol Monomethyl Ether Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Propylene Glycol Monomethyl Ether Sales in Volume by Country (2018-2023)
8.1.3 Latin America Propylene Glycol Monomethyl Ether Sales in Value by Country (2018-2023)
8.2 Latin America Propylene Glycol Monomethyl Ether Forecasted Market Size by Country
8.2.1 Latin America Propylene Glycol Monomethyl Ether Sales in Volume by Country (2024-2029)
8.2.2 Latin America Propylene Glycol Monomethyl Ether Sales in Value by Country (2024-2029)
9 Middle East and Africa Propylene Glycol Monomethyl Ether by Country
9.1 Middle East and Africa Propylene Glycol Monomethyl Ether Historic Market Size by Country
9.1.1 Middle East and Africa Propylene Glycol Monomethyl Ether Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Propylene Glycol Monomethyl Ether Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Propylene Glycol Monomethyl Ether Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Propylene Glycol Monomethyl Ether Forecasted Market Size by Country
9.2.1 Middle East and Africa Propylene Glycol Monomethyl Ether Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Propylene Glycol Monomethyl Ether Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 DowDuPont
10.1.1 DowDuPont Company Information
10.1.2 DowDuPont Introduction and Business Overview
10.1.3 DowDuPont Propylene Glycol Monomethyl Ether Sales, Revenue and Gross Margin (2018-2023)
10.1.4 DowDuPont Propylene Glycol Monomethyl Ether Products Offered
10.1.5 DowDuPont Recent Development
10.2 Shell
10.2.1 Shell Company Information
10.2.2 Shell Introduction and Business Overview
10.2.3 Shell Propylene Glycol Monomethyl Ether Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Shell Propylene Glycol Monomethyl Ether Products Offered
10.2.5 Shell Recent Development
10.3 Taimax
10.3.1 Taimax Company Information
10.3.2 Taimax Introduction and Business Overview
10.3.3 Taimax Propylene Glycol Monomethyl Ether Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Taimax Propylene Glycol Monomethyl Ether Products Offered
10.3.5 Taimax Recent Development
10.4 BASF
10.4.1 BASF Company Information
10.4.2 BASF Introduction and Business Overview
10.4.3 BASF Propylene Glycol Monomethyl Ether Sales, Revenue and Gross Margin (2018-2023)
10.4.4 BASF Propylene Glycol Monomethyl Ether Products Offered
10.4.5 BASF Recent Development
10.5 Eastman Chemical
10.5.1 Eastman Chemical Company Information
10.5.2 Eastman Chemical Introduction and Business Overview
10.5.3 Eastman Chemical Propylene Glycol Monomethyl Ether Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Eastman Chemical Propylene Glycol Monomethyl Ether Products Offered
10.5.5 Eastman Chemical Recent Development
10.6 KH Chemicals
10.6.1 KH Chemicals Company Information
10.6.2 KH Chemicals Introduction and Business Overview
10.6.3 KH Chemicals Propylene Glycol Monomethyl Ether Sales, Revenue and Gross Margin (2018-2023)
10.6.4 KH Chemicals Propylene Glycol Monomethyl Ether Products Offered
10.6.5 KH Chemicals Recent Development
10.7 LyondellBasell
10.7.1 LyondellBasell Company Information
10.7.2 LyondellBasell Introduction and Business Overview
10.7.3 LyondellBasell Propylene Glycol Monomethyl Ether Sales, Revenue and Gross Margin (2018-2023)
10.7.4 LyondellBasell Propylene Glycol Monomethyl Ether Products Offered
10.7.5 LyondellBasell Recent Development
10.8 SKC
10.8.1 SKC Company Information
10.8.2 SKC Introduction and Business Overview
10.8.3 SKC Propylene Glycol Monomethyl Ether Sales, Revenue and Gross Margin (2018-2023)
10.8.4 SKC Propylene Glycol Monomethyl Ether Products Offered
10.8.5 SKC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Propylene Glycol Monomethyl Ether 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 Monomethyl Ether Industrial Chain Analysis
11.4 Propylene Glycol Monomethyl Ether Market Dynamics
11.4.1 Propylene Glycol Monomethyl Ether Industry Trends
11.4.2 Propylene Glycol Monomethyl Ether Market Drivers
11.4.3 Propylene Glycol Monomethyl Ether Market Challenges
11.4.4 Propylene Glycol Monomethyl Ether Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Propylene Glycol Monomethyl Ether Distributors
12.3 Propylene Glycol Monomethyl Ether 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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