Propylene glycol methyl ether, or PGME, is a clear, colorless liquid with an ether-like odor. PGME is completely soluble in water, with moderate volatility. Propylene glycol methyl ether is the fastest evaporating solvent in the glycol ether family. With very high water solubility and active solvency, propylene glycol methyl ether is widely used in coating and cleaning applications. It offers better viscosity reduction than heavier molecular weight glycol ethers and is particularly effective in epoxy and high solids acrylic systems. Thus, the primary use of PGME is in lacquers and paints. Use of PGME is anticipated to increase due to its low systemic toxicity.
The five-year forecast for the glycol mono methyl ether market shows a Compound Annual Growth Rate (CAGR) of 2.73 percent driven by increased demand from the PMA Production, Paints & Coatings, Cleaning Solvents, Electronics, and others segment, according to a new report published by Gen Consulting Company.
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The report covers forecast and analysis for the Propylene Glycol Mono Methyl Ether Industry on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the Propylene Glycol Mono Methyl Ether Industry along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the glycol mono methyl ether market on a global level.
The report has been prepared based on the synthesis, analysis, and interpretation of information about the global glycol mono methyl ether market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.
Demand for this market rises from the PMA Production, Paints & Coatings, Cleaning Solvents, Electronics, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global glycol mono methyl ether market.
Key Applications
• PMA Production
• Paints & Coatings
• Cleaning Solvents
• Electronics
Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key Vendors
• BASF
• CCP
• Daicel
• Dow Chemical
• Dynamic International
• Eastman
• Hualun Chemical
• Jiangsu Ruijia
• Jiangsu Yida
• Jiangsu Yinyan
• KH Neochem
• Lyondellbasell
• And many more
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Key Questions Answered in this Report
• What will the market size be in 2022?
• What are the key factors driving the global glycol mono methyl ether market?
• What are the challenges to market growth?
• Who are the key players in the glycol mono methyl ether market?
• What are the market opportunities and threats faced by the key players?
Major Points in Table of Contents:
Part 1. Exclusive Summary
Part 2. Methodology
Part 3. Introduction
Part 4. Competitive Landscape
Part 5. Market Dynamics
Part 6. Segmentation by Application
Part 7. Supply by Region
Part 8. Consumption Pattern
Part 9. Propylene Glycol Mono Methyl Ether Market Forecast
Part 10. Company Profiles
Part 11. Industry Activity
Part 12. Appendix
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