Propylene Glycol Ether Market – Global Industry Analysis and Forecast (2024-2030)

Propylene Glycol Ether Market size is expected to reach nearly US$ 3.88 Bn. by 2030 with the CAGR of 5.6% during the forecast period.

Propylene Glycol Ether Market Overview:

Propylene glycol ether is an organic solvent with a wide range of industrial and commercial uses similar to other glycol ethers. Propylene glycol is used as a solvent in printing and writing inks and paints and coatings. Propylene Glycol Ether is also used as an industrial and commercial paint stripper. Propylene Glycol Ether has a high melting point.Propylene Glycol Ether MarketTo know about the Research Methodology :- Request Free Sample Report

Propylene Glycol Ether Market Dynamics:

Increasing demand for the paints and coating industry is the key factor responsible to drive the market. As paints and coating are widely used in protective applications in several industries. The attractive properties of propylene glycol ether like water solubility, fast evaporation rate, solvency, and solubility for various resins such as acrylic, polyesters, epoxies, and polyurethanes are boosting the market growth of propylene glycol ether. And the greater viscosity reduction property as compared to other heavy molecular weight glycol ethers. The lower toxicity level of propylene glycol ether and higher eco-friendly characteristic is widely accepting the use of propylene glycol ether in end-user industries. Hence the increasing application in industries is further creating demand for the propylene glycol ether market and is propelling the market growth. Rapid growth in paint and coating industries and advanced infrastructure in the industrial sector as the investment of developing countries in the industrial sector is creating demand for solvents and paint & coatings. Propylene glycol ether being organic with less harmful effects of high VOC content has motivated the propylene glycol ether market. Growing wide acceptance of electronics like mobile phones, home appliances, and increasing purchasing power of the individual due to rising disposable income has further created a huge demand for propylene glycol ether in the forecast period. The fluctuating price of oil and gas is hampering the market as petroleum derivatives are the basing ingredients of propylene glycol ether.

Propylene Glycol Ether Market Segment Analysis:

By Type, the segment is trifurcated into Propylene Glycol Mono Methyl Ether (PM), Dipropylene Glycol Mono Methyl Ether (DPM), and Tripropylene Glycol Mono Methyl Ether (TPM). Dipropylene Glycol Mono Methyl ether and Propylene Glycol Mono Methyl Ether both organic solvents have the same properties like solvents in paints, varnishes, printing inks, and strippers and as a coating material in architectural and automotive industries as wood and coil coating and metal finishing. Dipropylene Glycol Monomethyl ether is also used as solvents in paste, cosmetics as it offers low toxicity and is a colorless liquid with a pleasant odor. All three types are water-soluble and miscible with various kinds of solvents and have good solvency. Due to the above-mentioned factors, they are widely accepted as solvents that dominated the type segment in the propylene glycol ether market. By Application, the segment is divided into Chemical intermediate, Paints and Coating, Consumer Goods, Pharmaceuticals, Electronics, Semiconductor, TFT-LCD. Propylene glycol ether is widely used in the pains and coating industries. They are used as solvents and for flow regulation and amalgamation. The paint and coating industry is dominating the market. Propylene glycol is also used as a drug carried in pharmaceutical industries. Propylene glycol ether is also used as a household cleaning agent thus rising demand for domestic and industrial cleaning agents is rising in countries like Indonesia, China, and India due to rapid industrialization.

Propylene Glycol Ether Market Regional Insights:

Asia Pacific market is estimated to show significant growth in the forecast period as the industrial sector is growing and the construction activities are developing in the region. Developing countries like India, Indonesia, Vietnam, and the Philippines are creating robust growth in the paints and coating industries. Additionally, the demand for personal care products is growing at a healthy pace in the region. North America is the second dominating region in the propelling glycol ether market. due to the high consumption of fuel in the regional government authorities have raised regulation on fuel emission and this factor has propelled the demand for glycol ether to lower the emission rate of oxygenated diesel fuel. The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and project the global Propylene Glycol Ether Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.

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Propylene Glycol Ether Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US$ 2.65 Bn.
Forecast Period 2024 to 2030 CAGR: 5.60% Market Size in 2030: US$ 3.88 Bn.
Segments Covered: 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 Semiconductor TFT-LCD Others

Propylene Glycol Ether Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Propylene Glycol Ether Market Key Player

1. Lyondell Basell Industries Holdings N.V. 2. Royal Dutch Shell plc 3. DowDuPont Inc. 4. BASF SE 5. Eastman Chemical Company 6. Chang Chan Group 7. Manali Petrochemicals Limited 8. KH Neochem Co., Ltd 9. Shiny Chemical Industrial Company Limited 10. Jiangsu Baichuan High-tech New Materials Co., Ltd 11. Jiangsu Hualun Chemical Industry Co. Ltd. 12. Jiangsu Dynamic Chemical Co., Ltd. 13. Others. Frequently Asked Questions: 1. Which region has the largest share in Global Propylene Glycol Ether Market? Ans: Asia Pacific region holds the highest share in 2023. 2. What is the growth rate of Global Propylene Glycol Ether Market? Ans: The Global Propylene Glycol Ether Market is growing at a CAGR of 5.6% during forecasting period 2024-2030. 3. What is scope of the Global Propylene Glycol Ether market report? Ans: Global Propylene Glycol Ether Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Propylene Glycol Ether market? Ans: The important key players in the Global Propylene Glycol Ether Market are – Lyondell Basell 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, Shiny Chemical Industrial Company Limited, Jiangsu Baichuan High-tech New Materials Co., Ltd, Jiangsu Hualun Chemical Industry Co. Ltd., Jiangsu Dynamic Chemical Co., Ltd., and Others. 5. What is the study period of this market? Ans: The Global Propylene Glycol Ether Market is studied from 2023 to 2030.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Propylene Glycol Ether Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2023 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Propylene Glycol Ether Market 3.4. Geographical Snapshot of the Propylene Glycol Ether Market, By Manufacturer share 4. Global Propylene Glycol Ether Market Overview, 2023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Propylene Glycol Ether Market 5. Supply Side and Demand Side Indicators 6. Global Propylene Glycol Ether Market Analysis and Forecast, 2023-2030 6.1. Global Propylene Glycol Ether Market Size & Y-o-Y Growth Analysis. 7. Global Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 7.1.1. Propylene Glycol Mono Methyl Ether (PM) 7.1.2. Dipropylene Glycol Mono Methyl Ether (DPM) 7.1.3. Tripropylene Glycol Mono Methyl Ether (TPM) 7.2. Other Market Size (Value) Estimates & Forecast By Application, 2023-2030 7.2.1. Chemical intermediate 7.2.2. Solvent 7.2.3. Coalescing agent 7.2.4. Coatings 7.2.5. Electronics 7.2.5.1. Semiconductor 7.2.5.2. TFT-LCD 7.2.6. Others 8. Global Propylene Glycol Ether Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 9.1.1. Propylene Glycol Mono Methyl Ether (PM) 9.1.2. Dipropylene Glycol Mono Methyl Ether (DPM) 9.1.3. Tripropylene Glycol Mono Methyl Ether (TPM) 9.2. Other Market Size (Value) Estimates & Forecast By Application, 2023-2030 9.2.1. Chemical intermediate 9.2.2. Solvent 9.2.3. Coalescing agent 9.2.4. Coatings 9.2.5. Electronics 9.2.5.1. Semiconductor 9.2.5.2. TFT-LCD 9.2.6. Others 10. North America Propylene Glycol Ether Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 11.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 12. Canada Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 12.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 13. Mexico Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 13.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 14. Europe Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 14.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 15. Europe Propylene Glycol Ether Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 16.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 17. France Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 17.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 18. Germany Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 18.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 19. Italy Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 19.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 20. Spain Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 20.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 21. Sweden Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 21.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 22. CIS Countries Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 22.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 23. Rest of Europe Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 23.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 24. Asia Pacific Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 24.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 25. Asia Pacific Propylene Glycol Ether Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 26.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 27. India Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 27.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 28. Japan Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 28.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 29. South Korea Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 29.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 30. Australia Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 30.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 31. ASEAN Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 31.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 32. Rest of Asia Pacific Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 32.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 33. Middle East Africa Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 33.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 34. Middle East Africa Propylene Glycol Ether Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 35.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 36. GCC Countries Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 36.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 37. Egypt Textile Reinforced Concrete e Market Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 37.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 38. Nigeria Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 38.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 39. Rest of ME&A Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 39.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 40. South America Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 40.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 41. South America Propylene Glycol Ether Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 42.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 43. Argentina Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 43.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 44. Rest of South America Propylene Glycol Ether Market Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 44.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Textile Reinforced Concrete Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. DNV GL 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Lyondell Basell Industries Holdings N.V. 45.3.3. Royal Dutch Shell plc 45.3.4. DowDuPont Inc. 45.3.5. BASF SE 45.3.6. Eastman Chemical Company 45.3.7. Chang Chan Group 45.3.8. Manali Petrochemicals Limited 45.3.9. KH Neochem Co., Ltd 45.3.10. Shiny Chemical Industrial Company Limited 45.3.11. Jiangsu Baichuan High-tech New Materials Co., Ltd 45.3.12. Jiangsu Hualun Chemical Industry Co. Ltd. 45.3.13. Jiangsu Dynamic Chemical Co., Ltd. 46. Primary Key Insights
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