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Global and Chinese Propyleneglycol Monoethyl Ether Market Forecast to Grow Due to Varying Applications, 2017-2022

Report lays out an analysis of the factors influencing the supply/demand for Propyleneglycol Monoethyl Ether, and the opportunities/challenges faced by industry participants.


Albany, NY -- (SBWIRE) -- 07/10/2017 -- The use of propyleneglycol monoethyl ether (PGME) for various applications such as use in lacquers, paints, leather finishes, wood stains, furniture polishes, inks, poly glycol ethers, and cleaning products, mark its wide presence in the market at global scale ,specially focusing in the region of China. To further detail, Market Research Hub (MRH) has recently added a research study titled as "Global and Chinese Propyleneglycol Monoethyl Ether Market Outlook 2017-2022" to its vast report repository.

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Propyleneglycol monoethyl ether is a colorless liquid with an ether-like odor that is completely soluble in water with moderate volatility. It is used in chemical, agricultural, automotive, paint, lacquer, and varnish industries. This compound is predominantly used as a solvent in various manufacturing processes and also as a chemical building block for the manufacture of propylene glycol methyl ether acetate. PGME is also framed into commercial, industrial, automotive, and household cleaners. It is also used as an antifreeze, solvent, extractant (pharmaceutical industry), and additive to adhesives, agrochemical formulations, and nail care products.

In brief, the study has details an in-depth analysis of the market, market size and its driving factors which offer a comprehensive analysis of the global Propyleneglycol monoethyl ether market during the 2012-2022 period. It also provides an insight on the spending pattern and application pattern in different regions around the world. Followed by the competitive landscape analysis of top players in the market and the current consolidation trends in the industry, as well as challenges faced by industry participants, this report highlights the future t trends forecast estimated till 2022.

The research study commences with the methodology of the report followed by the detailed introduction that altogether evaluates the market and supply chain structure of the propyleneglycol monoethyl ether. Further, the report details the global scale market landscape by volume and revenue from 2012-2017, followed with the brief segmentation by type and application of the propyleneglycol monoethyl ether.

Moreover, the market of the main region at the global platform is depicted by volume and revenue. The regions featured in the report are North-America, Europe, Asia-Pacific, and China. Lastly, the report profiles the main companies dealing with propyleneglycol monoethyl ether and concludes with the industry market dynamics that consist of the brief introduction of market drivers, market challenges, market trends and events.

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