Global and Chinese Propylene Glycol Mono Methyl Ether Industry Report
Deerfield Beach, FL -- (SBWIRE) -- 02/14/2018 -- The report that is written on the titled Propylene Glycol Mono Methyl Ether Market 2017 covers all the aspects of the global market study. This report has an estimation about the Propylene Glycol Mono Methyl Ether Market size in terms of value (US$). The report contains the broad segmentation of the market. The report provides the information about the Propylene Glycol Mono Methyl Ether Market and also forecasts its position in the coming years.
Propylene glycol methyl ether, or PGME, is a clear, colorless liquid with an ether-like odor. PGME is completely soluble in water, with moderate volatility. Propylene glycol methyl ether is the fastest evaporating solvent in the glycol ether family. With very high water solubility and active solvency, propylene glycol methyl ether is widely used in coating and cleaning applications. It offers better viscosity reduction than heavier molecular weight glycol ethers and is particularly effective in epoxy and high solids acrylic systems. Thus, the primary use of PGME is in lacquers and paints. Use of PGME is anticipated to increase due to its low systemic toxicity.
The five-year forecast for the glycol mono methyl ether market shows a Compound Annual Growth Rate (CAGR) of 2.73 percent driven by increased demand from the PMA Production, Paints & Coatings, Cleaning Solvents, Electronics, and others segment, according to a new report published by Gen Consulting Company.
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The report covers forecast and analysis for the Propylene Glycol Mono Methyl Ether market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the Propylene Glycol Mono Methyl Ether market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Propylene Glycol Mono Methyl Ether market on a global level.
The report has been prepared based on the synthesis, analysis, and interpretation of information about the global Propylene Glycol Mono Methyl Ether market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.
Demand for this market rises from the Food & Beverage, Health Care, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global Propylene Glycol Mono Methyl Ether market.
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Major Companies Covered in this report :
- Dow Chemical
- Dynamic International
- Hualun Chemical
- Jiangsu Ruijia
- Jiangsu Yida
- Jiangsu Yinyan
- KH Neochem
- PMA Production
- Paints & Coatings
- Cleaning Solvents
The Propylene Glycol Mono Methyl Ether market report incorporates the major products which are in high demand currently along with their cost breakup, manufacturing volume, import/export scheme and contribution to the Propylene Glycol Mono Methyl Ether market revenue worldwide.
Lastlly, the report provides us with detailed market research finding and conclusion which helps the subscriber to develop profitable market strategies which will help to gain competitive advantage.
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