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Propylene Glycol Ether-Global Market Insights and Sales Trends 2024
Synopsis
Propylene glycol ether is gaining traction in the market owing to its superior properties, such as faster evaporation rate, high water solubility and solvency, for a variety of resins, including acrylic, polyesters, epoxies and polyurethanes. Propylene glycol ether is increasingly being accepted among end-user industries.
The global Propylene Glycol Ether market size is expected to reach US$ 1811.5 million by 2029, growing at a CAGR of 1.5% from 2023 to 2029. The market is mainly driven by the significant applications of Propylene Glycol Ether in various end use industries. The expanding demands from the Chemical intermediate, Solvent, Coalescing Agent and Coatings, are propelling Propylene Glycol Ether market. Propylene Glycol Mono Methyl Ether (PM), 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 Dipropylene Glycol Mono Methyl Ether (DPM) segment is estimated at % CAGR for the next seven-year period.
Propylene glycol ethers are widely used in printing inks, coatings and cleaning applications. Moreover, propylene glycol ethers offer better viscosity reduction compared to heavier molecular weight glycol ethers. They are also being used by resin manufacturers, coating formulators and coating applicators for the manufacturing of protective coatings for application in automotive, architecture and other industries.
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 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 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 Ether market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Propylene Glycol 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 Ether covered in this report include LyondellBasell Industries, Royal Dutch Shell, DowDuPont, BASF SE, Eastman Chemical Company, Chang Chan Group, Manali Petrochemicals and KH Neochem, etc.
The global Propylene Glycol 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:
LyondellBasell Industries
Royal Dutch Shell
DowDuPont
BASF SE
Eastman Chemical Company
Chang Chan Group
Manali Petrochemicals
KH Neochem
Global Propylene Glycol 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 Ether market, Segment by Type:
Propylene Glycol Mono Methyl Ether (PM)
Dipropylene Glycol Mono Methyl Ether (DPM)
Tripropylene Glycol Mono Methyl Ether (TPM)
Global Propylene Glycol Ether market, by Application
Chemical intermediate
Solvent
Coalescing Agent
Coatings
Electronics
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 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 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 ether is gaining traction in the market owing to its superior properties, such as faster evaporation rate, high water solubility and solvency, for a variety of resins, including acrylic, polyesters, epoxies and polyurethanes. Propylene glycol ether is increasingly being accepted among end-user industries.
The global Propylene Glycol Ether market size is expected to reach US$ 1811.5 million by 2029, growing at a CAGR of 1.5% from 2023 to 2029. The market is mainly driven by the significant applications of Propylene Glycol Ether in various end use industries. The expanding demands from the Chemical intermediate, Solvent, Coalescing Agent and Coatings, are propelling Propylene Glycol Ether market. Propylene Glycol Mono Methyl Ether (PM), 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 Dipropylene Glycol Mono Methyl Ether (DPM) segment is estimated at % CAGR for the next seven-year period.
Propylene glycol ethers are widely used in printing inks, coatings and cleaning applications. Moreover, propylene glycol ethers offer better viscosity reduction compared to heavier molecular weight glycol ethers. They are also being used by resin manufacturers, coating formulators and coating applicators for the manufacturing of protective coatings for application in automotive, architecture and other industries.
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 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 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 Ether market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Propylene Glycol 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 Ether covered in this report include LyondellBasell Industries, Royal Dutch Shell, DowDuPont, BASF SE, Eastman Chemical Company, Chang Chan Group, Manali Petrochemicals and KH Neochem, etc.
The global Propylene Glycol 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:
LyondellBasell Industries
Royal Dutch Shell
DowDuPont
BASF SE
Eastman Chemical Company
Chang Chan Group
Manali Petrochemicals
KH Neochem
Global Propylene Glycol 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 Ether market, Segment by Type:
Propylene Glycol Mono Methyl Ether (PM)
Dipropylene Glycol Mono Methyl Ether (DPM)
Tripropylene Glycol Mono Methyl Ether (TPM)
Global Propylene Glycol Ether market, by Application
Chemical intermediate
Solvent
Coalescing Agent
Coatings
Electronics
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 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 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 Ether Market Overview
1.1 Propylene Glycol Ether Product Overview
1.2 Propylene Glycol Ether Market Segment by Type
1.2.1 Propylene Glycol Mono Methyl Ether (PM)
1.2.2 Dipropylene Glycol Mono Methyl Ether (DPM)
1.2.3 Tripropylene Glycol Mono Methyl Ether (TPM)
1.3 Global Propylene Glycol Ether Market Size by Type
1.3.1 Global Propylene Glycol Ether Market Size Overview by Type (2018-2029)
1.3.2 Global Propylene Glycol Ether Historic Market Size Review by Type (2018-2023)
1.3.3 Global Propylene Glycol Ether Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Propylene Glycol Ether Sales Breakdown by Type (2018-2023)
1.4.2 Europe Propylene Glycol Ether Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Propylene Glycol Ether Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Propylene Glycol Ether Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Propylene Glycol Ether Sales Breakdown by Type (2018-2023)
2 Global Propylene Glycol Ether Market Competition by Company
2.1 Global Top Players by Propylene Glycol Ether Sales (2018-2023)
2.2 Global Top Players by Propylene Glycol Ether Revenue (2018-2023)
2.3 Global Top Players by Propylene Glycol Ether Price (2018-2023)
2.4 Global Top Manufacturers Propylene Glycol Ether Manufacturing Base Distribution, Sales Area, Product Type
2.5 Propylene Glycol Ether Market Competitive Situation and Trends
2.5.1 Propylene Glycol Ether Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Propylene Glycol 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 Ether as of 2022)
2.7 Date of Key Manufacturers Enter into Propylene Glycol Ether Market
2.8 Key Manufacturers Propylene Glycol Ether Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Propylene Glycol Ether Status and Outlook by Region
3.1 Global Propylene Glycol Ether Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Propylene Glycol Ether Historic Market Size by Region
3.2.1 Global Propylene Glycol Ether Sales in Volume by Region (2018-2023)
3.2.2 Global Propylene Glycol Ether Sales in Value by Region (2018-2023)
3.2.3 Global Propylene Glycol Ether Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Propylene Glycol Ether Forecasted Market Size by Region
3.3.1 Global Propylene Glycol Ether Sales in Volume by Region (2024-2029)
3.3.2 Global Propylene Glycol Ether Sales in Value by Region (2024-2029)
3.3.3 Global Propylene Glycol Ether Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Propylene Glycol Ether by Application
4.1 Propylene Glycol Ether Market Segment by Application
4.1.1 Chemical intermediate
4.1.2 Solvent
4.1.3 Coalescing Agent
4.1.4 Coatings
4.1.5 Electronics
4.2 Global Propylene Glycol Ether Market Size by Application
4.2.1 Global Propylene Glycol Ether Market Size Overview by Application (2018-2029)
4.2.2 Global Propylene Glycol Ether Historic Market Size Review by Application (2018-2023)
4.2.3 Global Propylene Glycol Ether Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Propylene Glycol Ether Sales Breakdown by Application (2018-2023)
4.3.2 Europe Propylene Glycol Ether Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Propylene Glycol Ether Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Propylene Glycol Ether Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Propylene Glycol Ether Sales Breakdown by Application (2018-2023)
5 North America Propylene Glycol Ether by Country
5.1 North America Propylene Glycol Ether Historic Market Size by Country
5.1.1 North America Propylene Glycol Ether Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Propylene Glycol Ether Sales in Volume by Country (2018-2023)
5.1.3 North America Propylene Glycol Ether Sales in Value by Country (2018-2023)
5.2 North America Propylene Glycol Ether Forecasted Market Size by Country
5.2.1 North America Propylene Glycol Ether Sales in Volume by Country (2024-2029)
5.2.2 North America Propylene Glycol Ether Sales in Value by Country (2024-2029)
6 Europe Propylene Glycol Ether by Country
6.1 Europe Propylene Glycol Ether Historic Market Size by Country
6.1.1 Europe Propylene Glycol Ether Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Propylene Glycol Ether Sales in Volume by Country (2018-2023)
6.1.3 Europe Propylene Glycol Ether Sales in Value by Country (2018-2023)
6.2 Europe Propylene Glycol Ether Forecasted Market Size by Country
6.2.1 Europe Propylene Glycol Ether Sales in Volume by Country (2024-2029)
6.2.2 Europe Propylene Glycol Ether Sales in Value by Country (2024-2029)
7 Asia-Pacific Propylene Glycol Ether by Region
7.1 Asia-Pacific Propylene Glycol Ether Historic Market Size by Region
7.1.1 Asia-Pacific Propylene Glycol Ether Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Propylene Glycol Ether Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Propylene Glycol Ether Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Propylene Glycol Ether Forecasted Market Size by Region
7.2.1 Asia-Pacific Propylene Glycol Ether Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Propylene Glycol Ether Sales in Value by Region (2024-2029)
8 Latin America Propylene Glycol Ether by Country
8.1 Latin America Propylene Glycol Ether Historic Market Size by Country
8.1.1 Latin America Propylene Glycol Ether Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Propylene Glycol Ether Sales in Volume by Country (2018-2023)
8.1.3 Latin America Propylene Glycol Ether Sales in Value by Country (2018-2023)
8.2 Latin America Propylene Glycol Ether Forecasted Market Size by Country
8.2.1 Latin America Propylene Glycol Ether Sales in Volume by Country (2024-2029)
8.2.2 Latin America Propylene Glycol Ether Sales in Value by Country (2024-2029)
9 Middle East and Africa Propylene Glycol Ether by Country
9.1 Middle East and Africa Propylene Glycol Ether Historic Market Size by Country
9.1.1 Middle East and Africa Propylene Glycol Ether Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Propylene Glycol Ether Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Propylene Glycol Ether Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Propylene Glycol Ether Forecasted Market Size by Country
9.2.1 Middle East and Africa Propylene Glycol Ether Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Propylene Glycol Ether Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 LyondellBasell Industries
10.1.1 LyondellBasell Industries Company Information
10.1.2 LyondellBasell Industries Introduction and Business Overview
10.1.3 LyondellBasell Industries Propylene Glycol Ether Sales, Revenue and Gross Margin (2018-2023)
10.1.4 LyondellBasell Industries Propylene Glycol Ether Products Offered
10.1.5 LyondellBasell Industries Recent Development
10.2 Royal Dutch Shell
10.2.1 Royal Dutch Shell Company Information
10.2.2 Royal Dutch Shell Introduction and Business Overview
10.2.3 Royal Dutch Shell Propylene Glycol Ether Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Royal Dutch Shell Propylene Glycol Ether Products Offered
10.2.5 Royal Dutch Shell Recent Development
10.3 DowDuPont
10.3.1 DowDuPont Company Information
10.3.2 DowDuPont Introduction and Business Overview
10.3.3 DowDuPont Propylene Glycol Ether Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DowDuPont Propylene Glycol Ether Products Offered
10.3.5 DowDuPont Recent Development
10.4 BASF SE
10.4.1 BASF SE Company Information
10.4.2 BASF SE Introduction and Business Overview
10.4.3 BASF SE Propylene Glycol Ether Sales, Revenue and Gross Margin (2018-2023)
10.4.4 BASF SE Propylene Glycol Ether Products Offered
10.4.5 BASF SE Recent Development
10.5 Eastman Chemical Company
10.5.1 Eastman Chemical Company Company Information
10.5.2 Eastman Chemical Company Introduction and Business Overview
10.5.3 Eastman Chemical Company Propylene Glycol Ether Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Eastman Chemical Company Propylene Glycol Ether Products Offered
10.5.5 Eastman Chemical Company Recent Development
10.6 Chang Chan Group
10.6.1 Chang Chan Group Company Information
10.6.2 Chang Chan Group Introduction and Business Overview
10.6.3 Chang Chan Group Propylene Glycol Ether Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Chang Chan Group Propylene Glycol Ether Products Offered
10.6.5 Chang Chan Group Recent Development
10.7 Manali Petrochemicals
10.7.1 Manali Petrochemicals Company Information
10.7.2 Manali Petrochemicals Introduction and Business Overview
10.7.3 Manali Petrochemicals Propylene Glycol Ether Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Manali Petrochemicals Propylene Glycol Ether Products Offered
10.7.5 Manali Petrochemicals Recent Development
10.8 KH Neochem
10.8.1 KH Neochem Company Information
10.8.2 KH Neochem Introduction and Business Overview
10.8.3 KH Neochem Propylene Glycol Ether Sales, Revenue and Gross Margin (2018-2023)
10.8.4 KH Neochem Propylene Glycol Ether Products Offered
10.8.5 KH Neochem Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Propylene Glycol 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 Ether Industrial Chain Analysis
11.4 Propylene Glycol Ether Market Dynamics
11.4.1 Propylene Glycol Ether Industry Trends
11.4.2 Propylene Glycol Ether Market Drivers
11.4.3 Propylene Glycol Ether Market Challenges
11.4.4 Propylene Glycol Ether Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Propylene Glycol Ether Distributors
12.3 Propylene Glycol 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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