Title: Propylene Glycol Ethers Market
1Propylene Glycol Ethers Market To Reach USD 6.34
Billion By 2027
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2 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.
3 Our Approach
Market Summary
- 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. - Request for a sample of this research report _at_
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/2447
4 Our Approach
Market Summary
- 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
5 Our Approach
Market Summary
- 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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Our Approach
About Us
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