The global propylene glycol ether market is estimated to have been valued at US$ 1,604.1 Mn by 2017 end and is expected to reach US$ 2,088.4 Mn by the end of 2026.
Albany, NY -- (SBWIRE) -- 11/26/2018 -- Characterized by superlative properties such as quick evaporation, increased water solubility and high resin solvency, propylene glycol ether finds ample utility in a range of industrial applications such as paints, coatings, cleaners, and adhesive, cosmetic, and ink amongst numerous others. Advances in such industrial applications are accounted to spur growth in global propylene glycol ether market. To gauge recent market advances and their reciprocal impact on overall growth trajectory of propylene glycol ether market, Market Research Reports Search Engine (MRRSE) has included a new research report titled, 'Propylene Glycol Ether Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026' to its fast expanding online repository.
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End-User Portfolio Expansion and Product Customization: Dominant Strategies amongst Leading Vendors
End-user portfolio expansion emerges as a potent growth enabler in propylene glycol ether market. Leading market providers are keen on driving substantial investments towards portfolio expansion. Inclusion of new end-user applications such as pharmaceuticals and electronic are expected to significantly leverage growth in propylene glycol ether market. Further, leading market players are also investing towards product customization for enhanced product mix, thus pacing up with diverse end-user expectations.
Solvent Application Segment to Incur Maximum Share
In the subsequent sections, this research report on propylene glycol ether market offers decisive market inputs on macro-economic factors impacting growth roadmap in propylene glycol ether market. The report also offers vital statistical data on market definition, dynamics such as trends, drivers, and restraints, complete with an elaborate opportunity assessment to enable well-informed business decisions. The report primarily attempts to offer enriching inputs on current market spectrum, key for delivering lucrative business decisions on the part of existing market players. Additionally, crucial market details highlighted in this section of the report also aims to offer entry-point information to aspiring market entrants. Further, the report segregates propylene glycol ether market in terms of product type and application. Based on product type, propylene glycol ether market is diversified into PM (propylene glycol mono methyl ether), dpm (dipropylene glycol mono methyl ether), and tpm (tripropylene glycol mono methyl ether). Based on application, propylene glycol ether market is stratified into chemical intermediate, solvent, coalescing agent, coatings, and electronics amongst others, Electronics application segment is further bifurcated into TFT-LCD manufacturing and semiconductor.
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North America to Remain Most Lucrative through the Forecast Period
Further, in the course of the report, readers are also presented with elaborate summary of geographical presence, based on which propylene glycol ether market is demarcated into Europe, North America, Latin America, China, Southeast Asia and Pacific, Middle East and Africa, amongst other regions such as Japan, Taiwan, and Korea.
Competitive Landscape: Propylene Glycol Ether Market
Significant details etched in this section of the report enable readers to evaluate the efficacy of various business strategies implemented by leading players across regions in luring desired end-user response as well as market growth. The report further sheds light on dominant market participants in prolylene glycol ether market, comprising, Royal Dutch Shell plc, BASF SE, Royal Dutch Shell plc, DowDuPont Inc., Manali Petrochemicals Limited, and KH Neochem Co., Ltd amongst others.
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