Market Overview:
The Global Electronic Grade PGMEA Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for semiconductors and LCD displays in the global market. In terms of type, the purity (GC) ≥ 99.5% segment is expected to hold a larger share of the market during the forecast period, owing to its high purity and better performance as compared to other types of PGMEA products. In terms of application, semiconductors are expected to hold a larger share of the market during the forecast period, followed by LCD displays. North America is estimated to be one of leading markets for electronic grade PGMEA in 2018 and is projected grow at a CAGR 6%. to presence major players in this region along with rising demand from end-use industries such as semiconductor.
Product Definition:
An electronic grade PGMEA is a polymer that has been specifically designed for use in electronic applications. It is typically more resistant to heat and chemicals than other grades of polymers, making it ideal for use in circuit boards, displays, and other electrical components. Electronic grade PGMEA can also be used to create flexible circuits and antennas.
Purity(GC)≥ 99.5%:
Purity(GC) is a crucial parameter for the production of Electronic Grade PGMEA. It has been observed that impurities in crude oil can have adverse effect on the performance and quality of polymer grade obtained. Hence, to produce high-quality polymer grade, manufacturers are focusing on controlling Purity (GC).
Purity(GC)≥ 99.9%:
Purity(GC) is 99.9% or higher and it's usage in Electronic Grade PGMEA market,it means that the product has no impurities which can be greater than 0.1%.It is used as a solvent for manufacturing electronic grade polyimide ethers (PGMEA).
The major raw materials used in the production of Purity(GC) are propylene and benzene.
Application Insights:
Semiconductors dominated the global electronic grade PGMEA market and accounted for a revenue share of over 40.0% in 2017. The segment is expected to witness significant growth during the forecast period on account of increasing demand for semiconductors from various end-use industries such as consumer electronics, telecommunication and IT, automotive and transportation, healthcare etc. Furthermore, growing demand for semiconductor devices with high efficiency levels is anticipated to boost product consumption over the coming years.
LCD displays are projected to be one of the fastest-growing segments during the forecast period owing to increasing LCD panel production coupled with rising consumer preference towards flat panel TVs as they offer enhanced picture quality along with smart features at an affordable cost.
Regional Analysis:
Asia Pacific dominated the global electronic grade PGMEA market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing production of consumer electronics products such as smartphones and laptops, which require high-quality displays and semiconductors using electronic grade PGMEA.
The Asia Pacific was followed by North America, which accounted for a share of 22% in terms of revenue in 2017 owing to rising demand from end-use industries for LCDs and semiconductors across U.S., Canada, Mexico, etc.). Europe is also likely to witness significant growth over the next eight years on account of growing automobile industry especially Germany’s automotive industry that requires high-quality components using electronic grade PGMEA with purity greater than 99%.
Growth Factors:
- Increasing demand from electronics and electrical industry for PGMEA as an insulator and flame retardant.
- Rising demand for polymeric materials in automotive sector to improve fuel efficiency and reduce weight.
- Growing application of PGMEA in medical devices and implants due to its biocompatibility properties.
- Increasing use of PGMEA in construction industry as a flame retardant material in wall panels, ceilings, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Grade PGMEA Market Research Report
By Type
Purity(GC)≥ 99.5%, Purity(GC)≥ 99.9%
By Application
Semiconductors, LCD Displays
By Companies
LyondellBasell, DuPont, Chang Chun Group, Eastman, Shiny Chemical Industrial, KMG Chemicals
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Grade PGMEA Market Report Segments:
The global Electronic Grade PGMEA market is segmented on the basis of:
Types
Purity(GC)≥ 99.5%, Purity(GC)≥ 99.9%
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
Semiconductors, LCD Displays
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:
- LyondellBasell
- DuPont
- Chang Chun Group
- Eastman
- Shiny Chemical Industrial
- KMG Chemicals
Highlights of The Electronic Grade PGMEA 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:
- Purity(GC)≥ 99.5%
- Purity(GC)≥ 99.9%
- By Application:
- Semiconductors
- LCD Displays
- 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 Electronic Grade PGMEA 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?
Electronic Grade PGMEA is a specification for electronic paper that meets the requirements of the Post-Consumer Recycling Content Standard.
Some of the key players operating in the electronic grade pgmea market are LyondellBasell, DuPont, Chang Chun Group, Eastman, Shiny Chemical Industrial, KMG Chemicals.
The electronic grade pgmea 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 Electronic Grade PGMEA 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 Electronic Grade PGMEA Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electronic Grade PGMEA 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 Electronic Grade PGMEA 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 Electronic Grade PGMEA Market Size & Forecast, 2018-2028 4.5.1 Electronic Grade PGMEA Market Size and Y-o-Y Growth 4.5.2 Electronic Grade PGMEA Market Absolute $ Opportunity
Chapter 5 Global Electronic Grade PGMEA 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 Electronic Grade PGMEA Market Size Forecast by Type
5.2.1 Purity(GC)≥ 99.5%
5.2.2 Purity(GC)≥ 99.9%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Grade PGMEA 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 Electronic Grade PGMEA Market Size Forecast by Applications
6.2.1 Semiconductors
6.2.2 LCD Displays
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Grade PGMEA 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 Electronic Grade PGMEA 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 Electronic Grade PGMEA Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Grade PGMEA 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 Electronic Grade PGMEA Market Size Forecast by Type
9.6.1 Purity(GC)≥ 99.5%
9.6.2 Purity(GC)≥ 99.9%
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 Electronic Grade PGMEA Market Size Forecast by Applications
9.10.1 Semiconductors
9.10.2 LCD Displays
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 Electronic Grade PGMEA Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Grade PGMEA 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 Electronic Grade PGMEA Market Size Forecast by Type
10.6.1 Purity(GC)≥ 99.5%
10.6.2 Purity(GC)≥ 99.9%
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 Electronic Grade PGMEA Market Size Forecast by Applications
10.10.1 Semiconductors
10.10.2 LCD Displays
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 Electronic Grade PGMEA Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Grade PGMEA 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 Electronic Grade PGMEA Market Size Forecast by Type
11.6.1 Purity(GC)≥ 99.5%
11.6.2 Purity(GC)≥ 99.9%
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 Electronic Grade PGMEA Market Size Forecast by Applications
11.10.1 Semiconductors
11.10.2 LCD Displays
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 Electronic Grade PGMEA Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Grade PGMEA 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 Electronic Grade PGMEA Market Size Forecast by Type
12.6.1 Purity(GC)≥ 99.5%
12.6.2 Purity(GC)≥ 99.9%
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 Electronic Grade PGMEA Market Size Forecast by Applications
12.10.1 Semiconductors
12.10.2 LCD Displays
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) Electronic Grade PGMEA Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Grade PGMEA 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) Electronic Grade PGMEA Market Size Forecast by Type
13.6.1 Purity(GC)≥ 99.5%
13.6.2 Purity(GC)≥ 99.9%
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) Electronic Grade PGMEA Market Size Forecast by Applications
13.10.1 Semiconductors
13.10.2 LCD Displays
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 Electronic Grade PGMEA Market: Competitive Dashboard
14.2 Global Electronic Grade PGMEA Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LyondellBasell
14.3.2 DuPont
14.3.3 Chang Chun Group
14.3.4 Eastman
14.3.5 Shiny Chemical Industrial
14.3.6 KMG Chemicals