Propylene Glycol Ethers Market By Reports And Data
Propylene Glycol Ethers Market
To Reach USD 6.34 Billion By
2027
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Market Summary
The global propylene glycol ethers market is forecast to reach
USD 6.34 Billion by 2027, according to a new report by Reports
and Data. The Propylene Glycol Ethers is a colorless, volatile,
water soluble industrial and commercial chemical and p-series
glycol ether, produced from the formulation of propylene oxide
and alcohol. Paints, inks, synthetic resin, varnishes, and rubber
adhesives are some of its chemical applications. The continuous
expansion of the paint & coatings, varnishes, dyes, inks, toners,
anti-freezers and coolants are expected to drive the demand
throughout the forecast period. Direct & Intermediate solvent,
chemical reagent, coalescing agent, and other processing aids are
some of its widely used end-usages. Growing demand for
consumer electronic products are harnessing the growth of this
market substantially.
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Further key findings from the report suggest
• Propylene glycol ether is used as a direct solvent and are widely used in the chemical formulations of various
compound. Industrial cleaner, toner and coating solvents of electronics appliances, and anti-freezing agents
in the engine are some of its end-use applications. The direct solvent is forecasted to reach a market share of
34.5% by 2027 growing with a rate of 6.3% during the period 2019 – 2027.
• Growing penetration of the online retailing businesses for the chemicals and materials especially in the
emerging nations in Asia Pacific, are helping the market grow broadening the outreach in the areas where
the offline vendors are unavailable. Also non-involvement of the distributors in the supply chain model, the
profit margin is way more than that of the offline retailing. The online retailing is expected to gain a market
share of 34.1% by 2027.
• Chemical intermediate segment is measured to gain a market revenue of USD 186.9 Billion by 2027 and the
CAGR is forecasted to be 5.5% in the forecast period. Propylene glycol ethers is utilized as the chemical
intermediate in the processing of Propylene glycol monomethyl ether (PM), Dipropylene glycol monomethyl
ether (DPM), Tripropylene glycol monomethyl ether (TPM), and others.
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Key participants include The Dow Chemical Company, Royal Dutch Shell PLC, Eastman Chemical
Company, BASF SE, Manali Petrochemicals Limited, LCY Chemical Corp., OXEA GmbH, JXTG Holdings,
Inc., LG Chem Ltd., Sasol Limited, and ISU Chemical.
For the purpose of this report, Reports and Data have segmented the global Propylene Glycol Ethers
market on the basis of the end-use, sales channel, applications, and region:
End-Use Outlook (Revenue: USD Billion; Unit: Kilo Tons 2016-2027)
• Direct Solvent
• Chemical Intermediate
• Coalescing Agent
• Pesticides
• Chemical Reagents
• Others
Sales Channel Outlook (Revenue: USD Billion; Unit: Kilo Tons 2016-2027)
• Online Retailing
• Offline Retailing
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Applications Outlook (Revenue: USD Billion; Unit: Kilo Tons 2016-2027)
• Industrial Use
• Paints and Coatings
• Electronics Industry
• Automotive Use
• Others
Regional Outlook (Revenue: USD Billion; Unit: Kilo Tons 2016-2027)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
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About Us
A b oOuutr U Aspproach
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