Propylene Glycol Ether Market
Propylene Glycol Ether Market Study by Propylene Glycol Mono Methyl Ether, Dipropylene Glycol Mono Methyl Ether, and Tripropylene Glycol Mono Methyl Ether from 2024 to 2034
Analysis of Propylene Glycol Ether Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Propylene Glycol Ether Market Outlook (2024 to 2034)
The global propylene glycol ether market size is forecasted to increase from a valuation of US$ 2.03 billion in 2024 to US$ 2.75 billion by 2034-end, expanding at a CAGR of 3.1% over the study period of 2024 to 2034.
The market has experienced substantial growth and transformation in recent years. This evolution is due to the diverse industrial applications of ethers and the increasing demand for these versatile chemicals.
Propylene glycol ethers, which are solvents derived from propylene oxide and propylene glycol, find extensive use across various industries, including paints and coatings, cleaning products, pharmaceuticals, and cosmetics.
Market growth is being complemented by the rising need for eco-friendly formulations, prompting manufacturers to adopt propylene glycol ethers as their preferred solvents. Moreover, the growing awareness of environmental sustainability has led to a shift away from traditional solvents in favor of these ethers, further driving market expansion.
Asia Pacific has emerged as a significant player in propylene glycol ether production, on the back of rising industrialization and a thriving manufacturing sector.
| Report Attributes | Details |
|---|---|
| Propylene Glycol Ether Market Size (2024E) | US$ 2.03 Billion |
| Projected Market Value (2034F) | US$ 2.75 Billion |
| Global Market Growth Rate (2024 to 2034) | 3.1% CAGR |
| China Market Value (2034F) | US$ 606.5 Million |
| Canada Market Growth Rate (2024 to 2034) | 2.3% CAGR |
| North America Market Share (2024E) | 28.6% |
| East Asia Market Value (2034F) | US$ 1.06 Billion |
| Key Companies Profiled | BASF SE; Chang Chan Group; DowDuPont Inc.; Royal Dutch Shell Plc; Celanese Corporation; Manali Petrochemicals Limited; KH Neochem Co. Ltd.; Eastman Chemical Company |
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What are the Key Global Propylene Glycol Ether Market Trends?
“Increasing Focus on Sustainability and Intense Research”
Increasing focus on sustainability and environmental concerns is leading to the development of eco-friendly glycol ethers. Manufacturers have been investing in research and development to create products with lower volatility and reduced environmental impact. Propylene glycol ethers have become increasingly popular due to their versatile applications.
Propylene glycol ethers, derived from propylene oxide and propylene glycol, find their way into various industries like automotive, construction, and more. There is a growing need for eco-friendly and low-toxicity formulations.
Manufacturers are choosing propylene glycol ethers as their go-to solvents. Plus, people are more conscious of environmental sustainability, so traditional solvents are taking a back seat.
What are the Obstacles Encountered by Propylene Glycol Ether Manufacturers?
“Fluctuating Raw Material Prices and Uncertainty in Global Economic Conditions”
Propylene glycol ether manufacturers are facing the ongoing challenges of regulatory compliance, as stringent environmental and safety standards continue to shape the industry landscape. The market is also navigating through the impact of fluctuating prices of raw materials, such as propylene oxide, which can influence overall production costs.
Increased competition among market players remains a prevalent challenge, potentially leading to price pressures and thinner profit margins. The emergence of substitute products and evolving consumer preferences towards sustainable and environmentally friendly options pose additional hurdles.
Global economic conditions and trade dynamics, influenced by geopolitical events and shifting policies, contribute to the uncertainty in the market. To overcome these obstacles, companies in the propylene glycol ether sector are likely to focus on innovation, sustainability measures, and strategic planning to ensure resilience in a dynamic business environment.
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Country-wise Insights
Fact.MR, a market research and competitive intelligence provider, through its newly published analysis, asserts that East Asia is projected to hold 38.4% of the global market share by 2034.
Propylene glycol ether manufacturers are present in several regions globally, including Southeast Asia, Central and South America, and Australia. This has enabled market players to meet the growing demand and reduce dependence on specific sourcing locations.
What is Driving Demand for Propylene Glycol Ether in China?
“Increasing Construction Activities Pushing Consumption of Paints and Coatings”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 421.8 Million |
| Growth Rate (2024 to 2034) | 3.7% CAGR |
| Projected Value (2034F) | US$ 606.5 Million |
China accounts for 56.9% of the propylene glycol ether market share in East Asia in 2024. Growing demand for propylene glycol ether in China is influenced by several factors contributing to the chemical's increased use across various industries.
One significant driver is the steady expansion of the manufacturing sector in China, particularly in segments like paints and coatings, adhesives, and electronics. Propylene glycol ether's versatile properties as a solvent, coupling agent, and coalescing agent make it indispensable in formulations for these industries.
Increasing construction activities in the country further boost the demand for paints and coatings, wherein propylene glycol ether is extensively employed. Rising adoption of consumer goods and electronics, coupled with a rising emphasis on high-quality products, fuels the demand for propylene glycol ether as a key ingredient in the production of these items.
As China continues to focus on environmental sustainability, the chemical's low volatility characteristics contribute to its preference in various applications. These combined factors underscore the multifaceted influences propelling the growing demand for propylene glycol ether in China's dynamic industrial landscape.
Why is the United States a Lucrative Market for Propylene Glycol Producers?
“Increasing Demand for High-Quality Excipients in Pharmaceutical Sector”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 421.7 Million |
| Growth Rate (2024 to 2034) | 3.4% CAGR |
| Projected Value (2034F) | US$ 589.5 Million |
The versatility of propylene glycol ether as a solvent, coupling agent, and coalescing agent positions it as a crucial component in the formulations of various products within these industries.
Continual growth of the construction sector driven by infrastructure development and residential projects has heightened the need for paints and coatings, with propylene glycol ether playing a crucial role. The pharmaceutical industry's increasing demand for top-notch excipients is also fueling the growing popularity of this chemical.
The country’s dedication to environmental sustainability goes well with propylene glycol ether's low toxicity attributes, further enhancing its preference across various applications. Overall, the steady expansion of the market in the United States can be attributed to its integral role in supporting the growth and innovation of key industries within the country.
Category-wise Insights
Which Product Type Accounts for a Leading Market Share?
“Exceptional Solvency of Tripropylene Glycol Mono Methyl Ether”
| Attribute | Tripropylene Glycol Mono Methyl Ether (TPM) |
|---|---|
| Segment Value (2024E) | US$ 794.2 Million |
| Growth Rate (2024 to 2034) | 3.5% CAGR |
| Projected Value (2034F) | US$ 1.08 Million |
Tripropylene glycol mono methyl ether (TPM) accounts for a leading share of the global market. This product type has gained prominence due to its excellent solvency and versatility, making it a preferred choice across various industries. TPM is extensively utilized as a solvent in paints and coatings formulations, adhesives, and cleaning products. Its low evaporation rate and compatibility with a wide range of resins contribute to its effectiveness in different applications.
TPM's low volatility and favorable toxicological profile enhance its appeal, aligning with increasing emphasis on environment-friendly and safe chemical solutions. As industries continue to prioritize high-performance ingredients, TPM's superior characteristics have propelled it to the forefront, solidifying its position as the product type holding the leading share in the global propylene glycol ether market.
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Competitive Landscape
The polypropylene glycol ether market size is being driven by several factors, including evolving consumer preferences, technological advancements, and the like. Key players in the propylene glycol ether market include BASF SE, Chang Chan Group, DowDuPont Inc, Royal Dutch Shell Plc, Celanese Corporation, Manali Petrochemicals Limited, KH Neochem Co. Ltd., and Eastman Chemical Company.
Leading market players are actively implementing strategic measures, including capacity expansions, ongoing research and development endeavors, and forging collaborations, all aimed at solidifying their competitive advantage. These companies demonstrate a consistent commitment to innovating the production of propylene glycol ether, prioritizing the fulfillment of dynamic industry requirements, and positioning themselves at the forefront of the market.
- In 2022, Chemtronics Co., a South Korean firm specializing in electronic components and chemical materials, disclosed its achievement in independently developing propylene glycol monomethyl ether acetate (PGMEA) with exceptional purity, utilizing its proprietary technology. Previously reliant on imports from China and Japan, Chemtronics would refine the material and supply it to domestic companies. In a strategic move, the company now plans to invest over US$ 15.5 million to augment its existing PGMEA production capacity from 9 kilotons to an expanded capacity of over 20 kilotons.
Key Segments of Propylene Glycol Ether Market Research
-
By Product Type :
- Propylene Glycol Mono Methyl Ether
- Dipropylene Glycol Mono Methyl Ether
- Tripropylene Glycol Mono Methyl Ether
-
By Application :
- Chemical Intermediates
- Solvents
- Coalescing Agents
- Coatings
- Electronics
-
By Region :
- North America
- Latin America
- East Asia
- Europe
- South Asia & Oceania
- Middle East and Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Product Type
- 9.1. Propylene Glycol Mono Methyl Ether
- 9.2. Dipropylene Glycol Mono Methyl Ether
- 9.3. Tripropylene Glycol Mono Methyl Ether
- 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application
- 10.1. Chemical Intermediates
- 10.2. Solvents
- 10.3. Coalescing Agents
- 10.4. Coatings
- 10.5. Electronics
- 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. South Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 17. Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 18. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 19. Key and Emerging Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. BASF SE
- 21.2. Chang Chan Group
- 21.3. DowDuPont Inc.
- 21.4. Royal Dutch Shell Plc
- 21.5. Celanese Corporation
- 21.6. Manali Petrochemicals Limited
- 21.7. KH Neochem Co. Ltd.
- 21.8. Eastman Chemical Company
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2023
Figure 02: Global Market Volume Forecast (in 000' Units), 2024 to 2034
Figure 03: Pricing Analysis (US$) Per Product Type, By Region, 2023
Figure 04: Pricing Analysis (US$) Per Product Type, By Region, 2023
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2023
Figure 06: Global Market Value Forecast (US$ Mn), 2024 to 2034
Figure 07: Global Market Absolute $ Opportunity, 2024 to 2034
Figure 08: Global Market Share Analysis (%), By Product Type, 2024 to 2034
Figure 09: Global Market Y-o-Y Analysis (%), By Product Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Share Analysis (%), By Application, 2024 to 2034
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 14: Global Market Share Analysis (%), By Region, 2024 to 2034
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value Share, By Product Type, 2024 (E)
Figure 18: North America Market Value Share, By Application, 2024 (E)
Figure 19: North America Market Value Share, By Country, 2024 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 21: North America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 22: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 24: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 25: Latin America Market Value Share, By Product Type, 2024 (E)
Figure 26: Latin America Market Value Share, By Application, 2024 (E)
Figure 27: Latin America Market Value Share, By Country, 2024 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 29: Latin America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 30: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 31: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 32: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 33: Europe Market Value Share, By Product Type, 2024 (E)
Figure 34: Europe Market Value Share, By Application, 2024 (E)
Figure 35: Europe Market Value Share, By Country, 2024 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2023
Figure 37: Europe Market Value Forecast (US$ Mn), 2024 to 2034
Figure 38: Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 39: Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 40: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 41: South Asia Market Value Share, By Product Type, 2024 (E)
Figure 42: South Asia Market Value Share, By Application, 2024 (E)
Figure 43: South Asia Market Value Share, By Country, 2024 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 45: South Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 46: South Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 47: South Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 48: South Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 49: East Asia Market Value Share, By Product Type, 2024 (E)
Figure 50: East Asia Market Value Share, By Application, 2024 (E)
Figure 51: East Asia Market Value Share, By Country, 2024 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 53: East Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 54: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 55: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 56: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 57: Oceania Market Value Share, By Product Type, 2024 (E)
Figure 58: Oceania Market Value Share, By Application, 2024 (E)
Figure 59: Oceania Market Value Share, By Country, 2024 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2023
Figure 61: Oceania Market Value Forecast (US$ Mn), 2024 to 2034
Figure 62: Oceania Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 63: Oceania Market Attractiveness Analysis by Application, 2024 to 2034
Figure 64: Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 65: Middle East and Africa Market Value Share, By Product Type, 2024 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2024 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2024 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2023
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2024 to 2034
Figure 70: Middle East and Africa Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2024 to 2034
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2024 & 2034
Figure 74: UNITED STATES Market Value Share, By Product Type, 2024 (E)
Figure 75: UNITED STATES Market Value Share, By Application, 2024 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2024 & 2034
Figure 77: Canada Market Value Share, By Product Type, 2024 (E)
Figure 78: Canada Market Value Share, By Application, 2024 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2024 & 2034
Figure 80: Mexico Market Value Share, By Product Type, 2024 (E)
Figure 81: Mexico Market Value Share, By Application, 2024 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2024 & 2034
Figure 83: Brazil Market Value Share, By Product Type, 2024 (E)
Figure 84: Brazil Market Value Share, By Application, 2024 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2024 & 2034
Figure 86: UNITED KINGDOM Market Value Share, By Product Type, 2024 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Application, 2024 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2024 & 2034
Figure 89: Germany Market Value Share, By Product Type, 2024 (E)
Figure 90: Germany Market Value Share, By Application, 2024 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2024 & 2034
Figure 92: France Market Value Share, By Product Type, 2024 (E)
Figure 93: France Market Value Share, By Application, 2024 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2024 & 2034
Figure 95: Italy Market Value Share, By Product Type, 2024 (E)
Figure 96: Italy Market Value Share, By Application, 2024 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2024 & 2034
Figure 98: Spain Market Value Share, By Product Type, 2024 (E)
Figure 99: Spain Market Value Share, By Application, 2024 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 101: Russia Market Value Share, By Product Type, 2024 (E)
Figure 102: Russia Market Value Share, By Application, 2024 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2024 & 2034
Figure 104: China Market Value Share, By Product Type, 2024 (E)
Figure 105: China Market Value Share, By Application, 2024 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2024 & 2034
Figure 107: Japan Market Value Share, By Product Type, 2024 (E)
Figure 108: Japan Market Value Share, By Application, 2024 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2024 & 2034
Figure 110: South Korea Market Value Share, By Product Type, 2024 (E)
Figure 111: South Korea Market Value Share, By Application, 2024 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2024 & 2034
Figure 113: India Market Value Share, By Product Type, 2024 (E)
Figure 114: India Market Value Share, By Application, 2024 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2024 & 2034
Figure 116: ASEAN Market Value Share, By Product Type, 2024 (E)
Figure 117: ASEAN Market Value Share, By Application, 2024 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 119: Australia Market Value Share, By Product Type, 2024 (E)
Figure 120: Australia Market Value Share, By Application, 2024 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2024 & 2034
Figure 122: New Zealand Market Value Share, By Product Type, 2024 (E)
Figure 123: New Zealand Market Value Share, By Application, 2024 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2024 & 2034
Figure 125: GCC Countries Market Value Share, By Product Type, 2024 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2024 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2024 & 2034
Figure 128: Turkey Market Value Share, By Product Type, 2024 (E)
Figure 129: Turkey Market Value Share, By Application, 2024 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2024 & 2034
Figure 131: South Africa Market Value Share, By Product Type, 2024 (E)
Figure 132: South Africa Market Value Share, By Application, 2024 (E)
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- FAQs -
How big is the propylene glycol ether market size in 2024?
The global propylene glycol ether market is set to reach US$ 2.03 billion in 2024.
What is the projected revenue from propylene glycol ether sales for 2034?
By 2034, worldwide revenue from propylene glycol ether sales is projected to reach US$ 2.75 billion.
How fast are propylene glycol ether sales projected to rise?
Propylene glycol ether sales are forecasted to increase at 3.1% CAGR through 2034.
What is the demand forecast for propylene glycol ether in North America?
Demand for propylene glycol ether in North America is forecasted to increase at 3.3% CAGR from 2024 to 2034.
At what rate is the market projected to expand in East Asia?
In East Asia, the market is projected to expand at a CAGR of 3.6% from 2024 to 2034.
How fast are propylene glycol ether sales forecasted to rise in Japan?
The market in Japan are forecasted to increase at a CAGR of 2.8% from 2024 to 2034.
Propylene Glycol Ether Market