Product Code: PMRREP24154
Persistence Market Research has recently released a comprehensive report on the worldwide Propylene Glycol Ether Market. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global propylene glycol ether market from 2025 to 2032.
Key Insights:
- Propylene Glycol Ether Market Size (2025E): USD 1927.6 Mn
- Projected Market Value (2032F): USD 2441.8 Mn
- Global Market Growth Rate (CAGR 2025 to 2032): 3.0%
Propylene Glycol Ether Market - Report Scope:
Propylene glycol ether, a class of chemical compounds, plays a vital role in several industries, including coatings, cleaning agents, automotive, and personal care. The market for propylene glycol ethers includes several types, such as propylene glycol methyl ether (PGME), propylene glycol phenyl ether (PGPE), and others. These compounds are commonly used for their solvent properties, which help in formulating paints, varnishes, and cleaning solutions. The market growth is driven by the increasing demand for eco-friendly solvents, industrial applications, and advancements in chemical formulations.
Market Growth Drivers:
The global propylene glycol ether market is propelled by several key factors, including rising demand for solvent-based formulations in the automotive, paints, and coatings industries. The growing shift towards environmentally sustainable solutions and green chemicals has driven the market for propylene glycol ethers, especially in industries that are adopting low-VOC (Volatile Organic Compounds) products. Technological advancements in the production of propylene glycol ether, making the process more cost-effective, and the expanding demand from emerging economies further contribute to market expansion. Additionally, the increasing focus on developing multifunctional, efficient products in personal care and cleaning products is expected to bolster market growth.
Market Restraints:
Despite promising growth prospects, the propylene glycol ether market faces challenges related to fluctuating raw material prices, regulatory concerns, and environmental impacts. The volatility in the price of propylene oxide, a key raw material, can affect manufacturing costs and market stability. Moreover, regulatory policies regarding the environmental impact of chemical solvents and stricter emission standards pose challenges to the growth of the market. Manufacturers are required to adopt compliance measures to meet environmental regulations, which can lead to higher production costs and reduced profit margins.
Market Opportunities:
The propylene glycol ether market presents significant growth opportunities driven by technological innovations, evolving consumer preferences for green chemicals, and increasing industrial applications. With the expanding use of propylene glycol ethers in paints, coatings, and cleaning products, the market is set to benefit from new developments in eco-friendly and efficient formulations. Additionally, the growing adoption of propylene glycol ethers in personal care products, such as cosmetics and toiletries, is opening up new avenues for market players. Strategic investments in sustainable production processes, partnerships with end-users, and expanding presence in emerging markets are essential to capitalize on these emerging opportunities.
Key Questions Answered in the Report:
- What are the primary factors driving the growth of the propylene glycol ether market globally?
- Which types of propylene glycol ethers are most in demand across various industries?
- How are technological advancements impacting the production and application of propylene glycol ethers?
- Who are the key players contributing to the propylene glycol ether market, and what strategies are they employing to maintain market relevance?
- What are the emerging trends and future prospects in the global propylene glycol ether market?
Competitive Intelligence and Business Strategy:
Leading players in the global propylene glycol ether market, including Dow Chemical Company, Huntsman Corporation, and BASF SE, focus on product innovation, sustainability, and strategic collaborations to maintain their competitive edge. These companies invest in R&D to develop high-performance, eco-friendly formulations of propylene glycol ethers to meet the increasing demand for green chemicals. Collaborations with end-user industries, such as automotive, personal care, and coatings, are helping these companies expand their market reach. Additionally, partnerships with regulatory agencies are essential to ensure compliance with environmental standards, promoting the development and adoption of eco-friendly solutions.
Key Companies Profiled:
- Dow Chemical Company
- Huntsman Corporation
- BASF SE
- Eastman Chemical Company
- Shell Chemicals
- LyondellBasell Industries
- ExxonMobil Chemical
- Tokyo Chemical Industry Co., Ltd.
- Solvay Group
- INEOS Group
Propylene Glycol Ether Market Research Segmentation:
By Type:
- Propylene Glycol Methyl Ether (PGME)
- Propylene Glycol Phenyl Ether (PGPE)
By Application:
- Paints and Coatings
- Cleaning Products
- Automotive
- Personal Care and Cosmetics
- Industrial Solvents
- Other Applications
By End-User Industry:
- Automotive
- Personal Care and Cosmetics
- Paints and Coatings
- Household Cleaning
- Industrial and Manufacturing
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Contents
1. Executive Summary
- 1.1. Market Overview
- 1.2. Market Analysis
- 1.3. PMR Analysis and Recommendations
- 1.4. Wheel of Fortune
2. Market Introduction
- 2.1. Market Definition
- 2.2. Market Taxonomy
3. Market Dynamics
- 3.1. PESTEL Analysis
- 3.2. Porter's Analysis
- 3.3. Market Dynamics
- 3.3.1. Drivers
- 3.3.2. Restraints
- 3.3.3. Trend
4. Market Background
- 4.1. Macroeconomic Factors
- 4.2. Forecast Factors and Relevance Impact
- 4.3. Product Selection Criteria
- 4.4. Buying Decision Analysis
5. Propylene Glycol Ether Market Scenario
- 5.1. Market Volume Analysis
- 5.2. Regional Production & Consumption Outlook
- 5.3. Pricing Analysis
- 5.4. Market Size (US$) and Forecast
- 5.4.1. Market Value (US$ Mn) and Volume (KT)
- 5.4.2. Absolute $ Opportunity
- 5.5. Value Chain
6. Global Propylene Glycol Ether Market Analysis By Product Type
- 6.1. Introduction
- 6.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type (2019 - 2024)
- 6.3. Market Size (US$ Mn) and Volume Forecast By Product Type
- 6.3.1. PM (Propylene Glycol Mono Methyl Ether)
- 6.3.2. DPM (Dipropylene Glycol Mono Methyl Ether)
- 6.3.3. TPM (Tripropylene Glycol Mono Methyl Ether)
- 6.4. Market Attractiveness Analysis By Product Type
7. Global Propylene Glycol Ether Market Analysis By Application
- 7.1. Introduction
- 7.2. Historical Market Size (US$ Mn) and Volume Analysis By Application (2019 - 2024)
- 7.3. Market Size (US$ Mn) and Volume Forecast By Application
- 7.3.1. Chemical intermediate
- 7.3.2. Solvent
- 7.3.3. Coalescing agent
- 7.3.4. Coatings
- 7.3.5. Electronics
- 7.3.5.1. TFT-LCD Manufacturing
- 7.3.5.2. Semiconductor
- 7.3.6. Others
- 7.4. Market Attractiveness Analysis By Application
8. Global Propylene Glycol Ether Market Analysis By Region
- 8.1. Introduction
- 8.2. Historical Market Size (US$ Mn) and Volume Analysis By Region (2019 - 2024)
- 8.3. Market Size (US$ Mn) and Volume Forecast By Region
- 8.3.1. North America
- 8.3.2. Latin America
- 8.3.3. Europe
- 8.3.4. China
- 8.3.5. SEA&P
- 8.3.6. Korea
- 8.3.7. Taiwan
- 8.3.8. Japan
- 8.3.9. Middle East and Africa (MEA)
- 8.4. Market Attractiveness Analysis By Application
9. North America Market Analysis and Forecast
- 9.1. Introduction
- 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
- 9.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
- 9.3.1. By Country
- 9.3.1.1. U.S.
- 9.3.1.2. Canada
- 9.3.2. By Product Type
- 9.3.3. By Application
- 9.4. Drivers and Restraints: Impact Analysis
- 9.5. Market Attractiveness Analysis
- 9.5.1. By Country
- 9.5.2. By Product Type
- 9.5.3. By Application
10. Latin America Market Analysis and Forecast
- 10.1. Introduction
- 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
- 10.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
- 10.3.1. By Country
- 10.3.1.1. Brazil
- 10.3.1.2. Mexico
- 10.3.1.3. Rest of Latin America
- 10.3.2. By Product Type
- 10.3.3. By Application
- 10.4. Drivers and Restraints: Impact Analysis
- 10.5. Market Attractiveness Analysis
- 10.5.1. By Country
- 10.5.2. By Product Type
- 10.5.3. By Application
11. Europe Market Analysis and Forecast
- 11.1. Introduction
- 11.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
- 11.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
- 11.3.1. By Country
- 11.3.1.1. Germany
- 11.3.1.2. France
- 11.3.1.3. U.K.
- 11.3.1.4. Spain
- 11.3.1.5. Italy
- 11.3.1.6. Rest of Europe
- 11.3.2. By Product Type
- 11.3.3. By Application
- 11.4. Drivers and Restraints: Impact Analysis
- 11.5. Market Attractiveness Analysis
- 11.5.1. By Country
- 11.5.2. By Product Type
- 11.5.3. By Application
12. SEA&P Market Analysis and Forecast
- 12.1. Introduction
- 12.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
- 12.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
- 12.3.1. By Country
- 12.3.1.1. ASEAN
- 12.3.1.2. India
- 12.3.1.3. Oceania
- 12.3.1.4. Rest of SEA&P
- 12.3.2. By Product Type
- 12.3.3. By Application
- 12.4. Drivers and Restraints: Impact Analysis
- 12.5. Market Attractiveness Analysis
- 12.5.1. By Country
- 12.5.2. By Product Type
- 12.5.3. By Application
13. China Market Analysis and Forecast
- 13.1. Introduction
- 13.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
- 13.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
- 13.3.1. By Product Type
- 13.3.2. By Application
- 13.4. Drivers and Restraints: Impact Analysis
- 13.5. Market Attractiveness Analysis
- 13.5.1. By Product Type
- 13.5.2. By Application
14. Japan Market Analysis and Forecast
- 14.1. Introduction
- 14.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
- 14.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
- 14.3.1. By Product Type
- 14.3.2. By Application
- 14.4. Drivers and Restraints: Impact Analysis
- 14.5. Market Attractiveness Analysis
- 14.5.1. By Product Type
- 14.5.2. By Application
15. Taiwan Market Analysis and Forecast
- 15.1. Introduction
- 15.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
- 15.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
- 15.3.1. By Product Type
- 15.3.2. By Application
- 15.4. Drivers and Restraints: Impact Analysis
- 15.5. Market Attractiveness Analysis
- 15.5.1. By Product Type
- 15.5.2. By Application
16. Korea Market Analysis and Forecast
- 16.1. Introduction
- 16.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
- 16.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
- 16.3.1. By Product Type
- 16.3.2. By Application
- 16.4. Drivers and Restraints: Impact Analysis
- 16.5. Market Attractiveness Analysis
- 16.5.1. By Product Type
- 16.5.2. By Application
17. MEA Market Analysis and Forecast
- 17.1. Introduction
- 17.2. Historical Market Size (US$ Mn) and Volume Analysis By Market Segments (2019 - 2024)
- 17.3. Market Size (US$ Mn) and Volume Forecast By Market Segments (2025 - 2032)
- 17.3.1. By Country
- 17.3.1.1. GCC
- 17.3.1.2. South Africa
- 17.3.1.3. Rest of MEA
- 17.3.2. By Product Type
- 17.3.3. By Application
- 17.4. Drivers and Restraints: Impact Analysis
- 17.5. Market Attractiveness Analysis
- 17.5.1. By Country
- 17.5.2. By Product Type
- 17.5.3. By Application
18. Competition Landscape
- 18.1. Competition Dashboard
- 18.2. Company Profiles
- 18.2.1. LyondellBasell Industries Holdings N.V.
- 18.2.1.1. Overview
- 18.2.1.2. Product Portfolio
- 18.2.1.3. Profitability by Market Segments
- 18.2.1.4. Production Footprint
- 18.2.1.5. Sales Footprint
- 18.2.1.6. Strategy Overview
- 18.2.1.6.1. Product Strategy
- 18.2.1.6.2. Overall Strategy
- 18.2.2. Royal Dutch Shell plc
- 18.2.2.1. Overview
- 18.2.2.2. Product Portfolio
- 18.2.2.3. Profitability by Market Segments
- 18.2.2.4. Production Footprint
- 18.2.2.5. Sales Footprint
- 18.2.2.6. Strategy Overview
- 18.2.2.6.1. Product Strategy
- 18.2.2.6.2. Overall Strategy
- 18.2.3. DowDuPont Inc.
- 18.2.3.1. Overview
- 18.2.3.2. Product Portfolio
- 18.2.3.3. Profitability by Market Segments
- 18.2.3.4. Production Footprint
- 18.2.3.5. Sales Footprint
- 18.2.3.6. Strategy Overview
- 18.2.3.6.1. Product Strategy
- 18.2.3.6.2. Overall Strategy
- 18.2.4. BASF SE
- 18.2.4.1. Overview
- 18.2.4.2. Product Portfolio
- 18.2.4.3. Profitability by Market Segments
- 18.2.4.4. Production Footprint
- 18.2.4.5. Sales Footprint
- 18.2.4.6. Strategy Overview
- 18.2.4.6.1. Product Strategy
- 18.2.4.6.2. Overall Strategy
- 18.2.5. Eastman Chemical Company
- 18.2.5.1. Overview
- 18.2.5.2. Product Portfolio
- 18.2.5.3. Profitability by Market Segments
- 18.2.5.4. Production Footprint
- 18.2.5.5. Sales Footprint
- 18.2.5.6. Strategy Overview
- 18.2.5.6.1. Product Strategy
- 18.2.5.6.2. Overall Strategy
- 18.2.6. Chang Chan Group
- 18.2.6.1. Overview
- 18.2.6.2. Product Portfolio
- 18.2.6.3. Profitability by Market Segments
- 18.2.6.4. Production Footprint
- 18.2.6.5. Sales Footprint
- 18.2.6.6. Strategy Overview
- 18.2.6.6.1. Product Strategy
- 18.2.6.6.2. Overall Strategy
- 18.2.7. Manali Petrochemicals Limited
- 18.2.7.1. Overview
- 18.2.7.2. Product Portfolio
- 18.2.7.3. Profitability by Market Segments
- 18.2.7.4. Production Footprint
- 18.2.7.5. Sales Footprint
- 18.2.7.6. Strategy Overview
- 18.2.7.6.1. Product Strategy
- 18.2.7.6.2. Overall Strategy
- 18.2.8. KH Neochem Co., Ltd
- 18.2.8.1. Overview
- 18.2.8.2. Product Portfolio
- 18.2.8.3. Profitability by Market Segments
- 18.2.8.4. Production Footprint
- 18.2.8.5. Sales Footprint
- 18.2.8.6. Strategy Overview
- 18.2.8.6.1. Product Strategy
- 18.2.8.6.2. Overall Strategy
- 18.2.9. Shiny Chemical Industrial Company Limited
- 18.2.9.1. Overview
- 18.2.9.2. Product Portfolio
- 18.2.9.3. Profitability by Market Segments
- 18.2.9.4. Production Footprint
- 18.2.9.5. Sales Footprint
- 18.2.9.6. Strategy Overview
- 18.2.9.6.1. Product Strategy
- 18.2.9.6.2. Overall Strategy
- 18.2.10. Jiangsu Baichuan High-tech New Materials Co., Ltd
- 18.2.10.1. Overview
- 18.2.10.2. Product Portfolio
- 18.2.10.3. Profitability by Market Segments
- 18.2.10.4. Production Footprint
- 18.2.10.5. Sales Footprint
- 18.2.10.6. Strategy Overview
- 18.2.10.6.1. Product Strategy
- 18.2.10.6.2. Overall Strategy
- 18.2.11. Jiangsu Hualun Chemical Industry Co. Ltd.
- 18.2.11.1. Overview
- 18.2.11.2. Product Portfolio
- 18.2.11.3. Profitability by Market Segments
- 18.2.11.4. Production Footprint
- 18.2.11.5. Sales Footprint
- 18.2.11.6. Strategy Overview
- 18.2.11.6.1. Product Strategy
- 18.2.11.6.2. Overall Strategy
- 18.2.12. Jiangsu Dynamic Chemical Co., Ltd.
- 18.2.12.1. Overview
- 18.2.12.2. Product Portfolio
- 18.2.12.3. Profitability by Market Segments
- 18.2.12.4. Production Footprint
- 18.2.12.5. Sales Footprint
- 18.2.12.6. Strategy Overview
- 18.2.12.6.1. Product Strategy
- 18.2.12.6.2. Overall Strategy
19. Research Methodology
20. Assumptions & Acronyms Used
21. Appendix