Global Propylene Glycol Ether Market Assessment & Growth Forecast Examined During 2018-2026 || Key Players - LyondellBasell Industries Holdings N.V., Royal Dutch Shell plc, DowDuPont Inc., BASF SE, Eastman Chemical Company, Chang Chan Group, Manali Petroc

Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Propylene Glycol Ether Market Assessment & Growth Forecast Examined during 2018-2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Propylene Glycol Ether. Along with these insights, the report provides the readers crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

The global Propylene Glycol Ether Market is estimated to have been valued at US$ 1,604.1 Mn by 2017 end and is expected to reach US$ 2,088.4 Mn by the end of 2026 while expanding at a CAGR of 3.0% over the forecast period. The global propylene glycol ether market is anticipated to represent incremental opportunity worth US$ 484.5 Mn between 2018 and 2026.

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Increasing Acceptance in End-User Industries Is Escalating the Growth Of Propylene Glycol Ether Market

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. 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. Further, owing to their lower toxicity and higher eco-friendly characteristics, end-users are increasingly preferring propylene glycol ether. Hence, increasing application and acceptance of propylene glycol ether & its acetates, among diverse end-user industries, is among the key driving factors responsible for the growth of the market in near future.

The report on the global propylene glycol ether market starts with an executive summary and market introduction and provides a complete view of the market. This section includes propylene glycol ether market viewpoint, value chain analysis, and forecast factors impact analysis. The section that follows analyses the global propylene glycol ether market on the basis of segments and presents a forecast for the period 2018-2026. The global propylene glycol ether market is segmented into the last section of the report includes competitive landscape, which includes market share analysis and provides information and analysis of companies, based on categories of manufacturers and service providers across the value chain and their presence in the global propylene glycol ether market.

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Propylene glycol ether market’s volume was inferred through in-depth secondary research and validated from industry experts and key manufacturer/ solution providers through primary interviews. Each interview was thoroughly analyzed and average propylene glycol ether market volume was deduced and reconfirmed prior to incorporation in the report. For the propylene glycol ether market analysis, we have considered 2017 as the base number with estimated propylene glycol ether consumption in 2018 and forecast has been made for years 2018 to 2026. For the proper understanding of the market, various data points have been analyzed, such as supply vs. consumption, etc. Further, during the analysis of propylene glycol ether parent market i.e. propylene oxide has been analyzed for deriving the market size. The propylene glycol ether market size is calculated with different product types of propylene glycol ether and is based on their selling price in respective regions. Further, data points, such as application, production, and regional split, along with qualitative inputs from primary research have been incorporated to provide precise propylene glycol ether market analysis. The forecast presented in this report estimates the total revenue projected to be generated across the propylene glycol enter the market over the forecast period (2018–2026).

In this report, we have conducted a forecast in terms of CAGR and analyzed market on the basis of Year-on-Year (Y-o-Y) growth to understand and identify opportunities in the propylene glycol ether market.  Moreover, for a better understanding of each segment’s growth, we have analyzed the global propylene glycol ether market in terms of Absolute Dollar Opportunity and Basis Point Share (BPS), which provides in-depth information about potential resources and key trends involved in the propylene glycol ether market. Along with this, PMR has used the market attractive index, which provides information about the performance and growth of each key segment in the global propylene glycol ether market.

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