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Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 02, 2025
Length 153 Pages
SKU # BOSS20299206

Description

Report Overview

Propylene Glycol Methyl Ether Acetate (PGMEA) is a high-purity solvent widely used in industrial and specialty chemical applications, particularly in the electronics and coatings industries. It is an ester derivative of propylene glycol methyl ether (PGME) and acetic acid, offering excellent solvency for resins, polymers, and photoresists while maintaining low toxicity and a favorable evaporation rate. PGMEA is a key component in photolithography processes for semiconductor manufacturing, where it serves as a carrier solvent for photoresists, enabling precise patterning on silicon wafers. It is also valued in paints, coatings, and inks as an effective coalescing agent and viscosity reducer, providing enhanced film formation and surface smoothness. The solvent’s chemical stability, low odor, and moderate boiling point make it suitable for high-performance formulations in automotive, aerospace, and electronics applications. Demand for PGMEA is closely tied to advancements in semiconductor fabrication, display technologies, and environmentally compliant coatings, with stringent regulatory standards influencing its production and usage.

The global Propylene Glycol Methyl Ether Acetate (PGMEA) market size was estimated at USD 909.4 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 4.80% during the forecast period.

This report provides a deep insight into the global Propylene Glycol Methyl Ether Acetate (PGMEA) market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Propylene Glycol Methyl Ether Acetate (PGMEA) market in any manner.

Global Propylene Glycol Methyl Ether Acetate (PGMEA) Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Dow

Shell Chemicals

LyondellBasell

Eastman Chemical

KH Neochem Co., Ltd

Shinko Organic Chemical

Dynamic Chemical

Jiangsu Hualun Chemical

Baichuan Stock

Jiangsu Yida Chemical

Ruijia Chemistry

Market Segmentation (by Type)

99.5% min

99.9% min

99% min

Market Segmentation (by Application)

Industrial Solvents

Electronics

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Propylene Glycol Methyl Ether Acetate (PGMEA) Market

Overview of the regional outlook of the Propylene Glycol Methyl Ether Acetate (PGMEA) Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Propylene Glycol Methyl Ether Acetate (PGMEA) Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Propylene Glycol Methyl Ether Acetate (PGMEA), their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

153 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Propylene Glycol Methyl Ether Acetate (Pgmea)
1.2 Key Market Segments
1.2.1 Propylene Glycol Methyl Ether Acetate (Pgmea) Segment By Type
1.2.2 Propylene Glycol Methyl Ether Acetate (Pgmea) Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Propylene Glycol Methyl Ether Acetate (Pgmea) Market Overview
2.1 Global Market Overview
2.1.1 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Propylene Glycol Methyl Ether Acetate (Pgmea) Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Product Life Cycle
3.3 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Sales By Manufacturers (2020-2025)
3.4 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Revenue Market Share By Manufacturers (2020-2025)
3.5 Propylene Glycol Methyl Ether Acetate (Pgmea) Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Propylene Glycol Methyl Ether Acetate (Pgmea) Market Competitive Situation And Trends
3.8.1 Propylene Glycol Methyl Ether Acetate (Pgmea) Market Concentration Rate
3.8.2 Global 5 And 10 Largest Propylene Glycol Methyl Ether Acetate (Pgmea) Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Propylene Glycol Methyl Ether Acetate (Pgmea) Industry Chain Analysis
4.1 Propylene Glycol Methyl Ether Acetate (Pgmea) Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Propylene Glycol Methyl Ether Acetate (Pgmea) Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Propylene Glycol Methyl Ether Acetate (Pgmea) Market
5.7 Esg Ratings Of Leading Companies
6 Propylene Glycol Methyl Ether Acetate (Pgmea) Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Sales Market Share By Type (2020-2025)
6.3 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size Market Share By Type (2020-2025)
6.4 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Price By Type (2020-2025)
7 Propylene Glycol Methyl Ether Acetate (Pgmea) Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Sales By Application (2020-2025)
7.3 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size (M Usd) By Application (2020-2025)
7.4 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Sales Growth Rate By Application (2020-2025)
8 Propylene Glycol Methyl Ether Acetate (Pgmea) Market Sales By Region
8.1 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Sales By Region
8.1.1 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Sales By Region
8.1.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Sales Market Share By Region
8.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size By Region
8.2.1 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size By Region
8.2.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size Market Share By Region
8.3 North America
8.3.1 North America Propylene Glycol Methyl Ether Acetate (Pgmea) Sales By Country
8.3.2 North America Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Propylene Glycol Methyl Ether Acetate (Pgmea) Sales By Country
8.4.2 Europe Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Propylene Glycol Methyl Ether Acetate (Pgmea) Sales By Region
8.5.2 Asia Pacific Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Propylene Glycol Methyl Ether Acetate (Pgmea) Sales By Country
8.6.2 South America Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Propylene Glycol Methyl Ether Acetate (Pgmea) Sales By Region
8.7.2 Middle East And Africa Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Propylene Glycol Methyl Ether Acetate (Pgmea) Market Production By Region
9.1 Global Production Of Propylene Glycol Methyl Ether Acetate (Pgmea) By Region(2020-2025)
9.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Revenue Market Share By Region (2020-2025)
9.3 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Propylene Glycol Methyl Ether Acetate (Pgmea) Production
9.4.1 North America Propylene Glycol Methyl Ether Acetate (Pgmea) Production Growth Rate (2020-2025)
9.4.2 North America Propylene Glycol Methyl Ether Acetate (Pgmea) Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Propylene Glycol Methyl Ether Acetate (Pgmea) Production
9.5.1 Europe Propylene Glycol Methyl Ether Acetate (Pgmea) Production Growth Rate (2020-2025)
9.5.2 Europe Propylene Glycol Methyl Ether Acetate (Pgmea) Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Propylene Glycol Methyl Ether Acetate (Pgmea) Production (2020-2025)
9.6.1 Japan Propylene Glycol Methyl Ether Acetate (Pgmea) Production Growth Rate (2020-2025)
9.6.2 Japan Propylene Glycol Methyl Ether Acetate (Pgmea) Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Propylene Glycol Methyl Ether Acetate (Pgmea) Production (2020-2025)
9.7.1 China Propylene Glycol Methyl Ether Acetate (Pgmea) Production Growth Rate (2020-2025)
9.7.2 China Propylene Glycol Methyl Ether Acetate (Pgmea) Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Dow
10.1.1 Dow Basic Information
10.1.2 Dow Propylene Glycol Methyl Ether Acetate (Pgmea) Product Overview
10.1.3 Dow Propylene Glycol Methyl Ether Acetate (Pgmea) Product Market Performance
10.1.4 Dow Business Overview
10.1.5 Dow Swot Analysis
10.1.6 Dow Recent Developments
10.2 Shell Chemicals
10.2.1 Shell Chemicals Basic Information
10.2.2 Shell Chemicals Propylene Glycol Methyl Ether Acetate (Pgmea) Product Overview
10.2.3 Shell Chemicals Propylene Glycol Methyl Ether Acetate (Pgmea) Product Market Performance
10.2.4 Shell Chemicals Business Overview
10.2.5 Shell Chemicals Swot Analysis
10.2.6 Shell Chemicals Recent Developments
10.3 Lyondellbasell
10.3.1 Lyondellbasell Basic Information
10.3.2 Lyondellbasell Propylene Glycol Methyl Ether Acetate (Pgmea) Product Overview
10.3.3 Lyondellbasell Propylene Glycol Methyl Ether Acetate (Pgmea) Product Market Performance
10.3.4 Lyondellbasell Business Overview
10.3.5 Lyondellbasell Swot Analysis
10.3.6 Lyondellbasell Recent Developments
10.4 Eastman Chemical
10.4.1 Eastman Chemical Basic Information
10.4.2 Eastman Chemical Propylene Glycol Methyl Ether Acetate (Pgmea) Product Overview
10.4.3 Eastman Chemical Propylene Glycol Methyl Ether Acetate (Pgmea) Product Market Performance
10.4.4 Eastman Chemical Business Overview
10.4.5 Eastman Chemical Recent Developments
10.5 Kh Neochem Co., Ltd
10.5.1 Kh Neochem Co., Ltd Basic Information
10.5.2 Kh Neochem Co., Ltd Propylene Glycol Methyl Ether Acetate (Pgmea) Product Overview
10.5.3 Kh Neochem Co., Ltd Propylene Glycol Methyl Ether Acetate (Pgmea) Product Market Performance
10.5.4 Kh Neochem Co., Ltd Business Overview
10.5.5 Kh Neochem Co., Ltd Recent Developments
10.6 Shinko Organic Chemical
10.6.1 Shinko Organic Chemical Basic Information
10.6.2 Shinko Organic Chemical Propylene Glycol Methyl Ether Acetate (Pgmea) Product Overview
10.6.3 Shinko Organic Chemical Propylene Glycol Methyl Ether Acetate (Pgmea) Product Market Performance
10.6.4 Shinko Organic Chemical Business Overview
10.6.5 Shinko Organic Chemical Recent Developments
10.7 Dynamic Chemical
10.7.1 Dynamic Chemical Basic Information
10.7.2 Dynamic Chemical Propylene Glycol Methyl Ether Acetate (Pgmea) Product Overview
10.7.3 Dynamic Chemical Propylene Glycol Methyl Ether Acetate (Pgmea) Product Market Performance
10.7.4 Dynamic Chemical Business Overview
10.7.5 Dynamic Chemical Recent Developments
10.8 Jiangsu Hualun Chemical
10.8.1 Jiangsu Hualun Chemical Basic Information
10.8.2 Jiangsu Hualun Chemical Propylene Glycol Methyl Ether Acetate (Pgmea) Product Overview
10.8.3 Jiangsu Hualun Chemical Propylene Glycol Methyl Ether Acetate (Pgmea) Product Market Performance
10.8.4 Jiangsu Hualun Chemical Business Overview
10.8.5 Jiangsu Hualun Chemical Recent Developments
10.9 Baichuan Stock
10.9.1 Baichuan Stock Basic Information
10.9.2 Baichuan Stock Propylene Glycol Methyl Ether Acetate (Pgmea) Product Overview
10.9.3 Baichuan Stock Propylene Glycol Methyl Ether Acetate (Pgmea) Product Market Performance
10.9.4 Baichuan Stock Business Overview
10.9.5 Baichuan Stock Recent Developments
10.10 Jiangsu Yida Chemical
10.10.1 Jiangsu Yida Chemical Basic Information
10.10.2 Jiangsu Yida Chemical Propylene Glycol Methyl Ether Acetate (Pgmea) Product Overview
10.10.3 Jiangsu Yida Chemical Propylene Glycol Methyl Ether Acetate (Pgmea) Product Market Performance
10.10.4 Jiangsu Yida Chemical Business Overview
10.10.5 Jiangsu Yida Chemical Recent Developments
10.11 Ruijia Chemistry
10.11.1 Ruijia Chemistry Basic Information
10.11.2 Ruijia Chemistry Propylene Glycol Methyl Ether Acetate (Pgmea) Product Overview
10.11.3 Ruijia Chemistry Propylene Glycol Methyl Ether Acetate (Pgmea) Product Market Performance
10.11.4 Ruijia Chemistry Business Overview
10.11.5 Ruijia Chemistry Recent Developments
11 Propylene Glycol Methyl Ether Acetate (Pgmea) Market Forecast By Region
11.1 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size Forecast
11.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size Forecast By Country
11.2.3 Asia Pacific Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size Forecast By Region
11.2.4 South America Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Propylene Glycol Methyl Ether Acetate (Pgmea) By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Propylene Glycol Methyl Ether Acetate (Pgmea) By Type (2026-2033)
12.1.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Propylene Glycol Methyl Ether Acetate (Pgmea) By Type (2026-2033)
12.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Forecast By Application (2026-2033)
12.2.1 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Sales (K Mt) Forecast By Application
12.2.2 Global Propylene Glycol Methyl Ether Acetate (Pgmea) Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
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