Market Overview:
The global propylene glycol ether market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for propylene glycol ethers from various end-use industries, such as chemical intermediate, solvent, coalescing agent, coatings and electronics. In terms of volume, the tripropylene glycol mono methyl ether (TPM) segment is projected to grow at the highest CAGR during the forecast period. Asia Pacific is expected to be the fastest-growing region in terms of value and volume during the forecast period.
Product Definition:
A propylene glycol ether is a chemical compound that is used as a solvent. It has a wide variety of applications, including in cosmetics, pharmaceuticals, and food products.
Propylene Glycol Mono Methyl Ether (PM):
Propylene Glycol Mono Methyl Ether (PM) is a propylene oxide-based, mono-functional glycol ether. It has an excellent solubilizing power and low volatility, which makes it suitable for use in various applications including antifreeze solutions, deicing fluids and paints & coatings. The product also finds application as a solvent in industries such as pharmaceuticals and cosmetics.
Dipropylene Glycol Mono Methyl Ether (DPM):
Dipropylene glycol mono methyl ether (DPM) is a propylene oxide based, clear liquid with a mild odor. It is used as an additive in the production of propylene glycol ethers. DPM acts as an intermediate during the manufacturing process and has no other use or application in itself.
Propylene Glycol Ether (PGE) are widely used for applications such as paints & coatings, printing inks, food additives, textiles.
Application Insights:
Propylene glycol ether is used as a chemical intermediate in the production of several products such as polycarbonate, epoxy, and acrylic. Increasing demand for these resins in various end-use industries such as construction and automotive will drive the global propylene glycol ether market over the forecast period.
The electronic segment accounted for around 15% of total market volume in 2017 on account of growing demand from semiconductor industry. Electronic grade PPGM is manufactured using special procedures to remove water and other impurities that are considered hazardous according to local regulations. The grades that are used for manufacturing electronic devices have low boiling points compared to industrial grades which makes them suitable for use in electronics applications at lower temperatures without undergoing any modifications or changes during processing.
Regional Analysis:
Asia Pacific was the largest market for global propylene glycol ether with a share of over 40% in 2017. The region is expected to witness the fastest growth during the forecast period owing to increasing demand from various end-use industries, such as paints & coatings, electronics, and pharmaceuticals. In addition, growing automotive industry in developing countries including China and India will drive product demand further.
The Asia Pacific was followed by Europe which accounted for a significant share of global consumption due to high manufacturing base of pharmaceuticals.
Growth Factors:
- Increasing demand for propylene glycol ethers in the paints and coatings industry as a solvent and viscosity modifier is expected to drive the market growth.
- Growing use of propylene glycol ethers in the automotive industry as an antifreeze agent, brake fluid additive, and engine coolant is anticipated to boost the market growth.
- Rising demand for propylene glycol ethers from various end-use industries such as pharmaceuticals, cosmetics & personal care products, food & beverage, and others is projected to fuel market growth over the forecast period.
- Stringent environmental regulations pertaining to VOC emissions are likely to propel the adoption of propylene glycol ether solvents across various industries in North America and Europe region over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Propylene Glycol Ether Market Research Report
By Type
Propylene Glycol Mono Methyl Ether (PM), Dipropylene Glycol Mono Methyl Ether (DPM), Tripropylene Glycol Mono Methyl Ether (TPM)
By Application
Chemical intermediate, Solvent, Coalescing agent, Coatings, Electronics
By Companies
LyondellBasell Industries Holdings N.V., Royal Dutch Shell plc, DowDuPont Inc., BASF SE, Eastman Chemical Company, Chang Chan Group, Manali Petrochemicals Limited, KH Neochem Co., Ltd
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Propylene Glycol Ether Market Report Segments:
The global Propylene Glycol Ether market is segmented on the basis of:
Types
Propylene Glycol Mono Methyl Ether (PM), Dipropylene Glycol Mono Methyl Ether (DPM), Tripropylene Glycol Mono Methyl Ether (TPM)
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
Chemical intermediate, Solvent, Coalescing agent, Coatings, Electronics
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 Industries Holdings N.V.
- Royal Dutch Shell plc
- DowDuPont Inc.
- BASF SE
- Eastman Chemical Company
- Chang Chan Group
- Manali Petrochemicals Limited
- KH Neochem Co., Ltd
Highlights of The Propylene Glycol 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:
- Propylene Glycol Mono Methyl Ether (PM)
- Dipropylene Glycol Mono Methyl Ether (DPM)
- Tripropylene Glycol Mono Methyl Ether (TPM)
- By Application:
- Chemical intermediate
- Solvent
- Coalescing agent
- Coatings
- Electronics
- 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 Propylene Glycol 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?
Propylene glycol ether is a clear, colorless liquid with a sweet odor. It is used as an antifreeze, solvent, and emulsifier.
Some of the major players in the propylene glycol ether market are LyondellBasell Industries Holdings N.V., Royal Dutch Shell plc, DowDuPont Inc., BASF SE, Eastman Chemical Company, Chang Chan Group, Manali Petrochemicals Limited, KH Neochem Co., Ltd.
The propylene glycol ether market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Propylene Glycol Ether Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Propylene Glycol Ether Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Propylene Glycol Ether Market - Supply Chain
4.5. Global Propylene Glycol Ether Market Forecast
4.5.1. Propylene Glycol Ether Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Propylene Glycol Ether Market Size (000 Units) and Y-o-Y Growth
4.5.3. Propylene Glycol Ether Market Absolute $ Opportunity
5. Global Propylene Glycol Ether Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Propylene Glycol Ether Market Size and Volume Forecast by Type
5.3.1. Propylene Glycol Mono Methyl Ether (PM)
5.3.2. Dipropylene Glycol Mono Methyl Ether (DPM)
5.3.3. Tripropylene Glycol Mono Methyl Ether (TPM)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Propylene Glycol Ether Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Propylene Glycol Ether Market Size and Volume Forecast by Application
6.3.1. Chemical intermediate
6.3.2. Solvent
6.3.3. Coalescing agent
6.3.4. Coatings
6.3.5. Electronics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Propylene Glycol Ether Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Propylene Glycol Ether Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Propylene Glycol Ether Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Propylene Glycol Ether Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Propylene Glycol Ether Demand Share Forecast, 2019-2026
9. North America Propylene Glycol Ether Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Propylene Glycol Ether Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Propylene Glycol Ether Market Size and Volume Forecast by Application
9.4.1. Chemical intermediate
9.4.2. Solvent
9.4.3. Coalescing agent
9.4.4. Coatings
9.4.5. Electronics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Propylene Glycol Ether Market Size and Volume Forecast by Type
9.7.1. Propylene Glycol Mono Methyl Ether (PM)
9.7.2. Dipropylene Glycol Mono Methyl Ether (DPM)
9.7.3. Tripropylene Glycol Mono Methyl Ether (TPM)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Propylene Glycol Ether Demand Share Forecast, 2019-2026
10. Latin America Propylene Glycol Ether Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Propylene Glycol Ether Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Propylene Glycol Ether Market Size and Volume Forecast by Application
10.4.1. Chemical intermediate
10.4.2. Solvent
10.4.3. Coalescing agent
10.4.4. Coatings
10.4.5. Electronics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Propylene Glycol Ether Market Size and Volume Forecast by Type
10.7.1. Propylene Glycol Mono Methyl Ether (PM)
10.7.2. Dipropylene Glycol Mono Methyl Ether (DPM)
10.7.3. Tripropylene Glycol Mono Methyl Ether (TPM)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Propylene Glycol Ether Demand Share Forecast, 2019-2026
11. Europe Propylene Glycol Ether Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Propylene Glycol Ether Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Propylene Glycol Ether Market Size and Volume Forecast by Application
11.4.1. Chemical intermediate
11.4.2. Solvent
11.4.3. Coalescing agent
11.4.4. Coatings
11.4.5. Electronics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Propylene Glycol Ether Market Size and Volume Forecast by Type
11.7.1. Propylene Glycol Mono Methyl Ether (PM)
11.7.2. Dipropylene Glycol Mono Methyl Ether (DPM)
11.7.3 Tripropylene Glycol Mono Methyl Ether (TPM)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Propylene Glycol Ether Demand Share, 2019-2026
12. Asia Pacific Propylene Glycol Ether Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Propylene Glycol Ether Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Propylene Glycol Ether Market Size and Volume Forecast by Application
12.4.1. Chemical intermediate
12.4.2. Solvent
12.4.3. Coalescing agent
12.4.4. Coatings
12.4.5. Electronics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Propylene Glycol Ether Market Size and Volume Forecast by Type
12.7.1. Propylene Glycol Mono Methyl Ether (PM)
12.7.2. Dipropylene Glycol Mono Methyl Ether (DPM)
12.7.3. Tripropylene Glycol Mono Methyl Ether (TPM)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Propylene Glycol Ether Demand Share, 2019-2026
13. Middle East & Africa Propylene Glycol Ether Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Propylene Glycol Ether Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Propylene Glycol Ether Market Size and Volume Forecast by Application
13.4.1. Chemical intermediate
13.4.2. Solvent
13.4.3. Coalescing agent
13.4.4. Coatings
13.4.5. Electronics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Propylene Glycol Ether Market Size and Volume Forecast by Type
13.7.1. Propylene Glycol Mono Methyl Ether (PM)
13.7.2. Dipropylene Glycol Mono Methyl Ether (DPM)
13.7.3. Tripropylene Glycol Mono Methyl Ether (TPM)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Propylene Glycol Ether Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Propylene Glycol Ether Market: Market Share Analysis
14.2. Propylene Glycol Ether Distributors and Customers
14.3. Propylene Glycol Ether Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LyondellBasell Industries Holdings N.V.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Royal Dutch Shell plc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DowDuPont Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BASF SE
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eastman Chemical Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chang Chan Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Manali Petrochemicals Limited
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KH Neochem Co., Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
