Press release
Recent research: Propylene Glycol Ether Market is expected to grow at a CAGR of 3.0% by 2026
The global Propylene Glycol Ether market is valued at US$1,604.1 million by the end of 2017 and is projected to reach US$2,088.4 million by the end of 2026, while growing at a CAGR of 3.0% during the forecast period.Persistence Market Research (PMR) provides an exclusive analysis of the global Propylene Glycol Ether Market in the latest report titled "Propylene Glycol Ether Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026".
Propylene Glycol Ether (PGE) is a type of solvent that is used in various industrial and consumer products. It is known for its low toxicity, low volatility, and high solvency properties. PGE is commonly used as a solvent in paints, coatings, inks, and cleaners, as well as a dispersant in agricultural and cosmetic products.
The market for propylene glycol ethers is growing, due to the increasing demand for PGE in various end-use industries such as construction, agriculture, and personal care. The increasing popularity of green and eco-friendly products is also driving the demand for PGE, as it is considered to be a safer alternative to traditional solvents.
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Report Description
The report on the global Propylene Glycol Ether Market begins with executive summary and market introduction providing a complete overview of the market. This section encompasses Propylene Glycol Ether market view, value chain analysis and forecast factors impact analysis. The following section analyzes the global Propylene Glycol Ether Market on the basis of segments and presents forecasts for the period 2018-2026. Global Propylene Glycol Ether Market is segmented into:
By product type
• Propylenglykolmonomethylether (PM)
• Dipropylenglykolmonomethylether (DPM)
• Tripropylenglykolmonomethylether (TPM)
Through application
• Chemical Intermediate
• solvent
• Coalescence agent
• coatings
• Electronic
• semiconductor
• TFT LCD
• Other
By region
• North America
• Latin America
• Europa
• LAKE
• DING
• China
• Taiwan
• South Korea
• Japan
The final section of the report covers the competitive landscape which includes market share analysis and provides information and analysis of companies based on categories of manufacturers and service providers along the value chain and their presence in the global Propylene Glycol Ether market.
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Research methodology
The market volume of Propylene Glycol Ether has been derived through in-depth secondary research and validated by industry experts and key manufacturers/solution providers through primary interviews. Each interview was thoroughly analyzed and the average market size for Propylene Glycol Ether was derived and reconfirmed prior to inclusion in the report. For the Propylene Glycol Ether market analysis, we took 2017 as the base number with estimated Propylene Glycol Ether consumption in 2018 and made forecasts for the years 2018 to 2026. For the right understanding of the market, various data points have been analyzed such as supply vs. consumption etc. Furthermore, during the analysis of the parent market of Propylene Glycol Ether i.e. Propylene Oxide, has been analyzed to derive the market size. The market size of Propylene Glycol Ether is calculated with different product types of Propylene Glycol Ether based on their sales price in each region. Further, data points such as application, production, and regional breakdowns, along with qualitative inputs from the primary research have been integrated to provide a concise Propylene Glycol Ether market analysis. The forecast presented in this report estimates the anticipated total sales to be generated in the Propylene Glycol Market Entry market during the forecast period (2018-2026). along with qualitative inputs from the primary research are included to provide a concise Propylene Glycol Ether market analysis.
In this report, we have forecast in terms of CAGR and analyzed the market on the basis of annual growth (YoY) to understand and identify opportunities in the Propylene Glycol Ether market. Additionally, for better understanding of the growth of each segment, we have analyzed the global Propylene Glycol Ether Market in terms of absolute dollar opportunity and basis point share (BPS) which provide detailed information about potential resources and key trends related to Propylene Glycol Ether Market. Additionally, PMR has utilized a market attractive index that provides information on the performance and growth of each key segment in the global Propylene Glycol Ether Market.
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The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on 'green alternatives', recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing - 'The Way Forward'.
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