Press release
Global Methyl Acetate Market Expected to Witness a Sustainable Growth over 2023
Propylene glycol monomethyl ether acetate (PGMEA/PMA), also known as propylene glycol methyl ether acetate, is a colorless hygroscopic liquid with a special odor. It is a non-polluting solvent with multi-functional groups. Its molecular formula is C6H12O3. It is mainly used as a solvent for printing ink, paint, textile dyes, and textile oil. The electronic grade, which is further purified, can be used as the photoresist solvent and cleaning agent in the production of semiconductor and liquid crystal displays. PGMEA/PMA is flammable, and when the temperature is above 42°C, it may form explosive vapor/air mixture.
Click to view the full report TOC, figure and tables:
https://www.marketresearchreportstore.com/reports/1406/global-methyl-acetate-market-growth
Global Methyl Acetate Market: Forecast by Type / Application / Region
Propylene Glycol Methyl Ether Acetate (PGMEA) for Electronic Materials production market is relatively concentrated. Europe is the Major Production area as well as the leading consumption market. However, small players in other areas like China and Japan are growing fast in recent years, and they are seeing to keep the growing trend in the next forecast decade.
Global total consumption volume has reached 43.2 K MT in 2016, with CAGR of 9.42% in 2012-2017, market revenue was forecasted to reach 163.97 Million USD in 2022, with CAGR of 7.76% in 2012-2022. Europe, USA, Korea and Taiwan are the biggest consumption areas, Europe dominated over 30% of total electronic grade propylene glycol methyl ether acetate market.
3. Raw material cost is the biggest cost section for electronic grade propylene glycol methyl ether acetate manufacturing. Propylene glycol methyl ether (PM solvent), the main direct upstream material, are mostly supplied by PGMEA producer themselves. Dow, Shell Chemicals, LyondellBasell and Eastman Chemical are the leading players in global market, Dynamic Tianyin, Jiangsu Hualun, Baichuan Stock, Yida and Ruijia Chemistry are key players in China production market.
Price of Propylene Glycol Methyl Ether Acetate (PGMEA) for Electronic Materials fluctuated obviously in 2013-2016, due to the upward trend of PM solvent, the PGMEA price is forecasted to keep a growing trend in next few years.
The end-use market for electronic grade propylene glycol methyl ether acetate is huge, manufacturing process and technologies are still improving. We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve.
On the whole market overview, this is a market with intense competition and lots of customers， small players without enough financial and technology support should take cautious entering this market.
Over the next five years, LPI(LP Information) projects that Methyl Acetate will register a 8.0% CAGR in terms of revenue, reach US$ 170 million by 2023, from US$ 110 million in 2017.
Global Methyl Acetate Market: Key Players
Dow
Shell Chemicals
LyondellBasell
Eastman Chemical
KH Neochem Co., Ltd
Shinko Organic Chemical
Dynamic INT'L
Jiangsu Hualun
Baichuan Stock
Yida
Ruijia Chemistry
Ask for Discount on Research Report and Request Sample Copy of Report@
https://www.marketresearchreportstore.com/reports/1406/global-methyl-acetate-market-growth
Related Information:
United States Methyl Acetate Market Research Report 2018
Europe Methyl Acetate Market Research Report 2018
North America Methyl Acetate Market Research Report 2018
Asia-Pacific Methyl Acetate Market Research Report 2018
China Methyl Acetate Market Research Report 2018
EMEA Methyl Acetate Market Research Report 2018
Global Methyl Acetate Market Research Report 2018
About Us:
Market Research Report Store (MRRS) is a professional organization related to market research reports in all directions .To provide customers with a variety of market research reports, MRRS cooperates with a large of famous market report publishers all over the world. Owing to our good service and the professional market reports in the wide range, MRRS enjoys a good reputation in the market. In pace with the development of MRRS, more and more customers and market report publishers choose to cooperate with us. As a specialized platform, MRRS upholds the supremacy of customers and aims to provide customers with better service and richer select.
Contact US :
Sales Director (Market Research Report Store)
E-mail: info@marketresearchreportstore.com
Tel: +86-15521064060 00852-58197708(HK)
Add: 17890 Castleton Street Suite 218 City of Industry CA 91748 United States
Website: https://www.marketresearchreportstore.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Methyl Acetate Market Expected to Witness a Sustainable Growth over 2023 here
News-ID: 1412034 • Views: …
More Releases from Market Research Report Store
Global and United States Food Corrugated Box Packaging Market Report & Forecast …
This report focuses on global and United States Food Corrugated Box Packaging market, also covers the segmentation data of other regions in regional level and county level.
Global Food Corrugated Box Packaging Scope and Market Size
Food Corrugated Box Packaging market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Food Corrugated Box Packaging market will be able to gain the upper hand as they use…
Polymer-coated Sulfur-coated Urea (PCSCU) Fertilizers Market Size, Share, Develo …
LP INFORMATION offers a latest published report on Polymer-coated Sulfur-coated Urea (PCSCU) Fertilizers Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This intelligence Polymer-coated Sulfur-coated Urea (PCSCU) Fertilizers Market report by LP INFORMATION includes investigations based on the current scenarios, historical records, and future predictions. An accurate data of various aspects such as type, size, application, and end user have…
Global Micro and Mini LED Display Market Expected to Witness a Sustainable Growt …
Market Research Report Store offers a latest published report on Micro and Mini LED Display Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and…
Global COPD and Asthma Drug Devices Market to Witness a Pronounce Growth During …
Market Research Report Store offers a latest published report on COPD and Asthma Drug Devices Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and…
More Releases for Methyl
Methyl 3-Methyl-2-Butenoate Latest Market Analysis Report 2025
Global Info Research's report is a detailed and comprehensive analysis for global Methyl 3-Methyl-2-Butenoate market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the Methyl 3-Methyl-2-Butenoate market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of…
Methyl Cyclopentanecarboxylate Market Research Report
Global Info Research released "Global Methyl Cyclopentanecarboxylate Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report includes an overview of the development of the Methyl Cyclopentanecarboxylate industry chain, the market status of Methyl Cyclopentanecarboxylate Market, and key Players in developed and Methyl Cyclopentanecarboxylate market, and analyze the cutting-edge technology, patent, hot applications and market trends of Methyl Cyclopentanecarboxylate industry.
According to our (Global Info Research) latest study,…
6-Methyl-5-Hepten-2-One (Methyl Heptenone) Market 2023 Booming by key players Er …
"QY Research holds tons of experience in offering comprehensive and accurate analysis of global as well as regional markets. The report presented here is an industry-best compilation of detailed and quality research studies on the global 6-Methyl-5-Hepten-2-One (Methyl Heptenone) market. It provides SWOT, PESTLE, and other important types of analysis to give a real and complete picture of the current and future scenarios of the global 6-Methyl-5-Hepten-2-One (Methyl Heptenone) market.…
Mono Methyl Aniline Market Size to Hit $2.7 Billion by 2028 | Mono Methyl Anilin …
Market Overview:
According to our experience research team, Mono Methyl Aniline Market was valued at USD 2.5 Billion in 2021, and the global Mono Methyl Aniline industry is projected to reach a value of USD 2.7 Billion by 2028, at a CAGR of 1.1% during the forecast period 2022-2028
Vantage Market Research is a collection of market research studies on several industries, such as Chemicals, semiconductors & Electronics, Food & Beverages Technology,…
N Methyl 2 Pyrrolidone Market Size, Share and Demand | N Methyl 2 Pyrrolidone In …
The global N methyl 2 pyrrolidone market size is expected to gain momentum owing to the increasing demand for products from the electronic and oil & gas industry during the forecast period. Fortune Business Insights™ publishes this information in an upcoming report titled, "N Methyl 2 PyrrolidoneMarket, 2022-2029". The compound is called as N-Methylpyrrolidone (NMP). It is a colorless solvent that offers high chemical and thermal stability, which consists of…
Global Cyclopentyl Methyl Ether (CPME) Market to 2025 | ZEON, Lianyungang JM Bio …
Market Research Hub (MRH) has actively included a new research study titled Global Cyclopentyl Methyl Ether (CPME) Market Insights, Forecast to 2025 to its wide online repository. The concerned market is discoursed based on a variety of market influential factors such as drivers, opportunities and restraints. This study tends to inform the readers about the current as well as future market scenarios extending up to the period until forecast period…
