Market Overview:
The global dipropylene glycol methyl ether market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for dipropylene glycol methyl ether in various applications such as solvents, coalescing agents, coatings, and others. Additionally, the growing demand for dipropylene glycol methyl ether from emerging economies is also contributing to the growth of this market.
Product Definition:
Dipropylene Glycol Methyl Ether is a colorless, flammable liquid. It is used as a solvent and in the production of plastics, pharmaceuticals and other chemicals.
≥ 99.5%:
Dipropylene glycol methyl ether is a propylene oxide-based, non-toxic, colorless liquid. It has an odor similar to that of paint thinner and is very flammable. This product finds application in various industries including automotive and building products where it is used as a solvent for wood finishes and coatings respectively.
＜ 99.5%:
Dipropylene glycol methyl ether is a propylene oxide-based, non-toxic, colorless liquid with a slight odor. It is used as an intermediate in the production of several chemicals such as alkyd resins and plasticizers. 99.5% is also used for producing diethyl phthalate (DEP) which has applications in manufacturing PVC pipes & fittings and certain types of toys & games.
Application Insights:
Dipropylene glycol methyl ether is used as a solvent in the manufacturing of paints and coatings. The segment accounted for over 40% of the overall demand in 2016 and is expected to continue its dominance over the forecast period. Dipropylene glycol methyl ethers are also used as coalescing agents, which enable rapid solidification of molten metal during casting operations, thereby improving casting quality.
Co-ethylene Glycol Methyl Ether (CEME) is another key application where dipropylene glycol methyl ethers are extensively utilized owing to its properties such as low toxicity, biodegradability and low VOC content that makes it suitable for use in various end-use industries including automotive & transportation, construction materials among others.
Regional Analysis:
Asia Pacific was the largest consumer of dipropylene glycol methyl ether with a consumption share of over 40.0% in 2017. The region is expected to witness significant growth on account of increasing automotive production and demand for paints & coatings coupled with growing construction activities in emerging economies such as China, India, and Indonesia.
The market in Europe is anticipated to grow at an estimated CAGR of XX% from 2018 to 2030 owing to stringent government regulations regarding VOC emissions coupled with rising environmental concerns among consumers pertaining towards volatile organic compound (VOC) emissions from paint manufacturing companies such as PPG Industries Inc., Sherwin-Williams Co., and BASF SE resulting into low adoption rates for new products especially solvents across the region thus far.
Growth Factors:
- Increasing demand for dipropylene glycol methyl ether in end-use industries such as paints and coatings, adhesives and sealants, and printing inks.
- Rising demand for dipropylene glycol methyl ether from emerging countries such as China, India, Brazil, and Mexico.
- Growing use of dipropylene glycol methyl ether as a solvent in various applications including pharmaceuticals, agrochemicals, personal care products etc.
- Increasing investments by key players in the production capacity of dipropylene glycol methyl ether
Scope Of The Report
Report Attributes
Report Details
Report Title
Dipropylene Glycol Methyl Ether Market Research Report
By Type
≥ 99.5%, ＜ 99.5%
By Application
Solvents, Coalescing Agents, Coatings, Other
By Companies
Dow, Monument Chemical, LyondellBasell, Shell, Hannong, Yida Chemical, Feiyang Group, Hualun Chemical, Dow
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Dipropylene Glycol Methyl Ether Market Report Segments:
The global Dipropylene Glycol Methyl Ether market is segmented on the basis of:
Types
≥ 99.5%, ＜ 99.5%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Solvents, Coalescing Agents, Coatings, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dow
- Monument Chemical
- LyondellBasell
- Shell
- Hannong
- Yida Chemical
- Feiyang Group
- Hualun Chemical
- Dow
Highlights of The Dipropylene Glycol Methyl Ether Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≥ 99.5%
- ＜ 99.5%
- By Application:
- Solvents
- Coalescing Agents
- Coatings
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dipropylene Glycol Methyl Ether Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dipropylene glycol methyl ether is a clear, colorless liquid with a sweet odor. It is used as an industrial solvent and as a food additive.
Some of the key players operating in the dipropylene glycol methyl ether market are Dow, Monument Chemical, LyondellBasell, Shell, Hannong, Yida Chemical, Feiyang Group, Hualun Chemical, Dow.
The dipropylene glycol methyl ether market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dipropylene Glycol Methyl Ether Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dipropylene Glycol Methyl Ether Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dipropylene Glycol Methyl Ether Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dipropylene Glycol Methyl Ether Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dipropylene Glycol Methyl Ether Market Size & Forecast, 2020-2028
4.5.1 Dipropylene Glycol Methyl Ether Market Size and Y-o-Y Growth
4.5.2 Dipropylene Glycol Methyl Ether Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 ≥ 99.5%
5.2.2 ＜ 99.5%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Solvents
6.2.2 Coalescing Agents
6.2.3 Coatings
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dipropylene Glycol Methyl Ether Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dipropylene Glycol Methyl Ether Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 ≥ 99.5%
9.6.2 ＜ 99.5%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Solvents
9.10.2 Coalescing Agents
9.10.3 Coatings
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 ≥ 99.5%
10.6.2 ＜ 99.5%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Solvents
10.10.2 Coalescing Agents
10.10.3 Coatings
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 ≥ 99.5%
11.6.2 ＜ 99.5%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Solvents
11.10.2 Coalescing Agents
11.10.3 Coatings
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 ≥ 99.5%
12.6.2 ＜ 99.5%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Solvents
12.10.2 Coalescing Agents
12.10.3 Coatings
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 ≥ 99.5%
13.6.2 ＜ 99.5%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Solvents
13.10.2 Coalescing Agents
13.10.3 Coatings
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dipropylene Glycol Methyl Ether Market: Competitive Dashboard
14.2 Global Dipropylene Glycol Methyl Ether Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow
14.3.2 Monument Chemical
14.3.3 LyondellBasell
14.3.4 Shell
14.3.5 Hannong
14.3.6 Yida Chemical
14.3.7 Feiyang Group
14.3.8 Hualun Chemical
14.3.9 Dow
