Propylene Glycol Ether (PGE) Market Scope
Propylene glycol ether is also known as 1-methoxy-2-proponal which is a colorless organic chemical compound. The Propylene glycol ether offers organic solvent in commercial as well as industrial applications such are agricultural, chemical and automotive. The major companies are introducing latest technology based on Propylene glycol methyl ether in Asia-Pacific region as its demand is observed in various industries that excellent for solvent activity, high dilution ratio and medium evaporation rate. Further, increasing demand from the developing countries owing to growth in the paint and coating industries owing to increasing application of ether as a catalyst that expected to drive the demand for propylene glycol ether over the forecasted period.
According to AMA, the Global Propylene Glycol Ether (PGE) market is expected to see growth rate of 5.2%
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Propylene Glycol Ether (PGE) market throughout the predicted period.
LyondellBasell Industries Holdings N.V. (United States), Royal Dutch Shell plc (The Netherlands), DowDuPont Inc. (United States), BASF SE (Germany), Eastman Chemical Company (United States), Chang Chan Group (China), Manali Petrochemicals Limited (India), Jiangsu Hualun Chemical Industry Co. Ltd. (China) and Jiangsu Dynamic Chemical Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are KH Neochem Co., Ltd (Japan), Shiny Chemical Industrial Company Limited (Taiwan) and Jiangsu Baichuan High-tech New Materials Co., Ltd (China.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Propylene Glycol Ether (PGE) market by Type (PM (Propylene Glycol Mono Methyl Ether), DPM (Dipropylene Glycol Mono Methyl Ether) and TPM (Tripropylene Glycol Mono Methyl Ether)), by Application (Propylene Glycol Methyl Ether Acetate Production, Solvent, Coalescing Agents, Coatings and Electronics) and Region with country level break-up.
On the basis of geography, the market of Propylene Glycol Ether (PGE) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
“According to United States Environmental Protection Act, it’s subjected that the propylene glycol ether are used for the protection against chemical substances that won’t affect the health condition of an individual.”
- Upsurge demand of propylene glycol ether in fabrication and printing ink.
- Used as an solvent in solder flux and degreasing of circuit boards.
- Increase in Demand of Propylene Glycol Ether in Chemical and Paint & Coatings Industries.
- Rise In Demand Of Eco-Friendly Solvents Fuelled Up The Market.
- Upsurge Demand At Industrial And Commercial Sector Expected To Boost The Lubricating Grease Market.
- Rapid Demand Of Water Based Coatings That Comprises Of Glycol Ether as a Coalescing Agent
- Fluctuations Of Raw Materials Price Hamper The Growth Of Propylene Glycol Ether Market.
- Stiff Competition among the Major Players.
- Health Hazards Caused By Lower Molecular Weight Glycols Ethers.
Key Target AudiencePropylene Glycol Ether Manufacturers, Propylene Glycol Ether Traders, End-Use Market Participants of Different Segments of Propylene Glycol Ether, Government and Research Organizations, R&D Institutions and Others