The Propylene Glycol Mono Methyl Ether Market 2016 Research Report investigates a thorough and complete study on Propylene Glycol Mono Methyl Ether industry volume, market Share, market Trends, Propylene Glycol Mono Methyl Ether Growth aspects, wide range of applications, Utilization ratio, Supply and demand analysis, manufacturing capacity, Price during Forecast period from 2016 to 2022
Propylene glycol ethers are formed from the base catalyzed reaction of propylene oxide with alcohols like methanol, ethanol, propanol, butanol or phenol. Subsequent reaction with additional propylene oxide leads to the corresponding di-, tri- and higher glycol ethers. The Propylene glycol ethers category consists of seven members: propylene glycol n-butyl ether, or PnB (CAS No. 5131-66-8); dipropylene glycol n-butyl ether, or DPnB (CAS No. 29911-28-2); dipropylene glycol methyl ether acetate, or DPMA (CAS No. 88917-22-0); and tripropylene glycol methyl ether, or TPM (CAS No. 25498-49-1 and 20324-33-8); propylene glycol methyl ether, or PM (CAS No. 107-98-2); propylene glycol methyl ether acetate, or PMA (CAS No. 108-65-6); and dipropylene glycol methyl ether, or DPM (CAS No. 34590-94-8).
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The global propylene glycol mono methyl ether market size is estimated to grow from USD 1867 million in 2015 to USD 1938 million by 2021, at an estimated CAGR of 0.63% between 2015 and 2021. With regards to this, key players of propylene glycol mono methyl ether industry are expected to find potential opportunities in this market. Worldwide, 845,470 tons propylene glycol mono methyl ether have been produced in the year 2015, while North America attributes close to 27.31% of the world production, Europe close to 26.76%, China close to 29.12%, and Asia-Pacific 8.92%. In terms of application, PMA production accounts for 49.44% of all propylene glycol mono methyl ether consumption, compared to 23.54% for paints & coatings.
The global propylene glycol mono methyl ether market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players.
Competitive Study of Global Propylene Glycol Mono Methyl Ether Market 2016 Based on Key Vendors:
Dow Chemical (USA)
Hualun Chemical (China)
Dynamic International (China)
Jiangsu Yida (China)
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In addition, this research study covers thorough analysis of multiple market segments based on applications, study across different geographies and Products.The report also includes competitive profiling of the Propylene Glycol Mono Methyl Ether, their expansion plans, market status, and latest trends and developments in order to help strategic decision makers,
Lastly, the report enlists the vital conclusions that will assist all individuals who have a been interest in Propylene Glycol Mono Methyl Ether Market.