Methyl Glycolate Research:CAGR of 56.29% during the forecast period(2024-2030)

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Methyl Glycolate- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



The global market for Methyl Glycolate was estimated to be worth US$ 16.9 million in 2023 and is forecast to a readjusted size of US$ 338 million by 2030 with a CAGR of 56.3% during the forecast period 2024-2030.



【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】

https://www.qyresearch.com/reports/3271975/methyl-glycolate





Methyl Glycolate Market Summary

Methyl glycolate is an organic compound with the chemical formula C3H6O3. It is an organic solvent and an important chemical intermediate. It can be prepared by methods such as esterification of glycolate and hydrogenation of dimethyl oxalate.

Policy Promotion: As the countries pay more and more attention to environmental protection, it has further promoted the replacement of non-degradable plastics with degradable plastics. Methyl glycolate, as an important raw material for the production of degradable plastic PGA, has good development opportunities.

Intensified Competition: Large enterprises have formed obvious competitive advantages due to their strong technical research and development and large-scale production. In the future, the main new production capacity will come from Sinopec and CHN ENERGY in China.

Technology Development: China's development of coal-based production methods has helped the development of methyl glycolate, promoting the large-scale production and capacity increase of methyl glycolate.

According to the new market research report "Global Methyl Glycolate Market Research Report 2024", published by QYResearch, the global Methyl Glycolate market size is projected to grow from USD 16.85 million in 2023 to USD 337.83 million by 2030, at a CAGR of 56.29% during the forecast period(2024-2030).

Global Methyl Glycolate MarketSize(US$ Million), 2019-2030
250208-160844.webp (14 KB)

Above data is based on report from QYResearch: Global Methyl Glycolate Market Research Report 2024 (published in 2024). If you need the latest data, plaese contact QYResearch.

Global Methyl Glycolate Top3Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
250208-160908.webp (8 KB)

Above data is based on report from QYResearch: Global Methyl Glycolate Market Research Report 2024 (published in 2024). If you need the latest data, plaese contact QYResearch.

This report profiles key players of Methyl Glycolate such as Water Chemical, CHN ENERGY and Danhua Chemical Technology.

In 2023, the global top three Methyl Glycolate players account for 75% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Methyl Glycolate.



Methyl Glycolate,Global Market Size, Split by Product Segment
250208-160929.webp (22 KB)

Based on or includes research from QYResearch: Global Methyl Glycolate Market Research Report 2024.

In terms of product type, currently Purity≥99% is the largest segment, hold a share of 52.2%.

In terms of product application, currently Degradable Plastic is the largest segment, hold a share of 85.4%..

Market Drivers:

As the raw material of PGA, the importance of methyl glycolate is becoming increasingly prominent. The increase in demand for PGA will drive the expansion of methyl glycolate production capacity.

Challenges:

Problems in traditional production processes, fluctuations in raw material prices and other factors will have an adverse impact on the development of the methyl glycolate.

Restraints:

The methyl glycolate industry has technical barriers, capital barriers and scale barriers, which to a certain extent restrict potential entrants into the methyl glycolate industry.







The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The Methyl Glycolate market is segmented as below:

By Company

Water Chemical
CHN ENERGY
Danhua Chemical Technology
Pujing Chemical Industry (Shanghai)



Segment by Type

Purity≥99%
Purity≥98%



Segment by Application

Degradable Plastic
Medicine
Other



Each chapter of the report provides detailed information for readers to further understand the Methyl Glycolate market:

Chapter 1: Introduces the report scope of the Methyl Glycolate report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)

Chapter 2: Detailed analysis of Methyl Glycolate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)

Chapter 3: Provides the analysis of various Methyl Glycolate market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)

Chapter 5: Sales, revenue of Methyl Glycolate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)

Chapter 6: Sales, revenue of Methyl Glycolate in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Methyl Glycolate competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Methyl Glycolate comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Methyl Glycolate market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global and United States Methyl Glycolate Market Report & Forecast 2024-2030
Global Methyl Glycolate Market Research Report 2024
Global Methyl Glycolate Market Insights, Forecast to 2030

About Us：

QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 18 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)  
JP: https://www.qyresearch.co.jp

This release was published on openPR.