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Propylene Glycol Ethers Market

The study segments Propylene Glycol Ethers industry in light of major classification such as product type, potential markets, application, and end-user.

RayMarchant
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Propylene Glycol Ethers Market

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  1. Propylene Glycol Ethers Market To Reach USD 6.34 Billion By 2027

  2. Market Summary The global propylene glycol ethers market is forecast to reach USD 6.34 Billion by 2027, according to a new report by Reports and Data. The Propylene Glycol Ethers is a colorless, volatile, water soluble industrial and commercial chemical and p-series glycol ether, produced from the formulation of propylene oxide and alcohol. Paints, inks, synthetic resin, varnishes, and rubber adhesives are some of its chemical applications. The continuous expansion of the paint & coatings, varnishes, dyes, inks, toners, anti-freezers and coolants are expected to drive the demand throughout the forecast period. Direct & Intermediate solvent, chemical reagent, coalescing agent, and other processing aids are some of its widely used end-usages. Growing demand for consumer electronic products are harnessing the growth of this market substantially.

  3. Our Approach Our Approach Market Summary Further key findings from the report suggest • Propylene glycol ether is used as a direct solvent and are widely used in the chemical formulations of various compound. Industrial cleaner, toner and coating solvents of electronics appliances, and anti-freezing agents in the engine are some of its end-use applications. The direct solvent is forecasted to reach a market share of 34.5% by 2027 growing with a rate of 6.3% during the period 2019 – 2027. • Growing penetration of the online retailing businesses for the chemicals and materials especially in the emerging nations in Asia Pacific, are helping the market grow broadening the outreach in the areas where the offline vendors are unavailable. Also non-involvement of the distributors in the supply chain model, the profit margin is way more than that of the offline retailing. The online retailing is expected to gain a market share of 34.1% by 2027. • Chemical intermediate segment is measured to gain a market revenue of USD 186.9 Billion by 2027 and the CAGR is forecasted to be 5.5% in the forecast period. Propylene glycol ethers is utilized as the chemical intermediate in the processing of Propylene glycol monomethyl ether (PM), Dipropylene glycol monomethyl ether (DPM), Tripropylene glycol monomethyl ether (TPM), and others. Requestfor a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2447

  4. Our Approach Our Approach Market Summary Key participants include The Dow Chemical Company, Royal Dutch Shell PLC, Eastman Chemical Company, BASF SE, Manali Petrochemicals Limited, LCY Chemical Corp., OXEA GmbH, JXTG Holdings, Inc., LG Chem Ltd., Sasol Limited, and ISU Chemical. For the purpose of this report, Reports and Data have segmented the global Propylene Glycol Ethers market on the basis of the end-use, sales channel, applications, and region: End-Use Outlook (Revenue: USD Billion; Unit: Kilo Tons 2016-2027) • Direct Solvent • Chemical Intermediate • Coalescing Agent • Pesticides • Chemical Reagents • Others Sales Channel Outlook (Revenue: USD Billion; Unit: Kilo Tons 2016-2027) • Online Retailing • Offline Retailing

  5. Our Approach Our Approach Market Summary Applications Outlook (Revenue: USD Billion; Unit: Kilo Tons 2016-2027) • Industrial Use • Paints and Coatings • Electronics Industry • Automotive Use • Others Regional Outlook (Revenue: USD Billion; Unit: Kilo Tons 2016-2027) • North America • Europe • Asia Pacific • MEA • Latin America Order Now: https://www.reportsanddata.com/checkout-form/2447

  6. About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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