Global Propylene Glycol Monomethyl Ether Acetate (PMA) Supply, Demand and Key Producers, 2026-2032
Description
The global Propylene Glycol Monomethyl Ether Acetate (PMA) market size is expected to reach $ 1076 million by 2032, rising at a market growth of 3.9% CAGR during the forecast period (2026-2032).
Propylene glycol monomethyl ether acetate (PGMEA/PMA), also known as propylene glycol methyl ether acetate, is a colorless hygroscopic liquid with a unique odor. It is a non-polluting solvent with multi-functional groups. Its molecular formula is C6H12O3. Not only it is used as a solvent for printing ink, paint, ink, textile dyes and textile oil, it is also used as a cleaning agent in the production of liquid crystal displays. PGMEA/PMA is flammable, and when the temperature is above 42°C, it may form explosive vapor/air mixture.
Propylene Glycol Monomethyl Ether Acetate (PMA), or PGMEA, is known for its ability to dissolve a wide range of resin types, including urethanes, acrylics, and other polymers, making it effective in formulating paints, coatings, and inks. PGMEA is often considered a more environmentally friendly option compared to traditional solvents due to its lower VOC (volatile organic compounds) content and better biodegradability.
1. Market Competition
The representative players in global Propylene Glycol Monomethyl Ether Acetate (PMA) market are Dow, Jiangsu Dynamic, Shell Chemicals, LyondellBasell and Jiangsu Hualun, accounting for 51% market share in terms of revenues in 2023. The market concentration rate is high. Players are concentrated in United States, Europe, Japan and China.
2. Regions Comparison
The representative production regions in this market are United States, Europe and China, with more than 70% market share in 2023 and the representative consumption regions are North America, Europe and Asia-Pacific, with 91% market share in 2023, especially China, accounting for about 32% market share.
The major production region in China is Jiangsu Province, with more than 80% market share in China market.
3. Product Classification
Propylene Glycol Monomethyl Ether Acetate (PMA) mainly includes Industrial Grade and Electronic Grade. Industrial Grade accounting 82% market share in terms of sales in 2023. Electronic Grade is required higher purity, 99.9% and above.
4. Downstream Market
Propylene Glycol Monomethyl Ether Acetate is used as intermediates and in formulations in industrial, professional or consumer applications, mainly in surface coatings, printing inks, cleaners, agrochemical, or deicing/anti-icing formulations. It is also used as extractant and as coalescing agents and flow improvers in water-based paints. The representative application is Coatings and Inks, accounting 64% market share in terms of sales in 2023. Electronics application has higher growth rate in the future.
In electronics field, PGMEA replaces EEA is in photoresist formulations used in semiconductor processing. In these processes, it is used in the positive photoresist formulation, also used in solvent systems for cleaning and degreasing circuit boards and removing solder flux. The expansion of electronics and semiconductor markets globally fosters demand for high-purity solvents PGMEA.
This report studies the global Propylene Glycol Monomethyl Ether Acetate (PMA) production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Propylene Glycol Monomethyl Ether Acetate (PMA) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Propylene Glycol Monomethyl Ether Acetate (PMA) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Propylene Glycol Monomethyl Ether Acetate (PMA) total production and demand, 2021-2032, (MT)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) total production value, 2021-2032, (USD Million)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (MT), (based on production site)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) consumption by region & country, CAGR, 2021-2032 & (MT)
U.S. VS China: Propylene Glycol Monomethyl Ether Acetate (PMA) domestic production, consumption, key domestic manufacturers and share
Global Propylene Glycol Monomethyl Ether Acetate (PMA) production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (MT)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) production by Type, production, value, CAGR, 2021-2032, (USD Million) & (MT)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) production by Application, production, value, CAGR, 2021-2032, (USD Million) & (MT)
This report profiles key players in the global Propylene Glycol Monomethyl Ether Acetate (PMA) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dow, Shell Chemicals, LyondellBasell, Eastman, KH Neochem, Shinko Organic Chemical, Daicel, Chang Chun Group, Shiny Chemical, San Fu Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Propylene Glycol Monomethyl Ether Acetate (PMA) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MT) and average price (US$/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, Segmentation by Type:
Industrial Grade
Electronic Grade
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, Segmentation by Application:
Coatings and Inks
Electronics
Cleaners
Others
Companies Profiled:
Dow
Shell Chemicals
LyondellBasell
Eastman
KH Neochem
Shinko Organic Chemical
Daicel
Chang Chun Group
Shiny Chemical
San Fu Chemical
Jiangsu Dynamic
Jiangsu Hualun
Yida Chemical
Jiangsu Baichuan
Jiangsu Sanmu
Key Questions Answered:
1. How big is the global Propylene Glycol Monomethyl Ether Acetate (PMA) market?
2. What is the demand of the global Propylene Glycol Monomethyl Ether Acetate (PMA) market?
3. What is the year over year growth of the global Propylene Glycol Monomethyl Ether Acetate (PMA) market?
4. What is the production and production value of the global Propylene Glycol Monomethyl Ether Acetate (PMA) market?
5. Who are the key producers in the global Propylene Glycol Monomethyl Ether Acetate (PMA) market?
6. What are the growth factors driving the market demand?
Propylene glycol monomethyl ether acetate (PGMEA/PMA), also known as propylene glycol methyl ether acetate, is a colorless hygroscopic liquid with a unique odor. It is a non-polluting solvent with multi-functional groups. Its molecular formula is C6H12O3. Not only it is used as a solvent for printing ink, paint, ink, textile dyes and textile oil, it is also used as a cleaning agent in the production of liquid crystal displays. PGMEA/PMA is flammable, and when the temperature is above 42°C, it may form explosive vapor/air mixture.
Propylene Glycol Monomethyl Ether Acetate (PMA), or PGMEA, is known for its ability to dissolve a wide range of resin types, including urethanes, acrylics, and other polymers, making it effective in formulating paints, coatings, and inks. PGMEA is often considered a more environmentally friendly option compared to traditional solvents due to its lower VOC (volatile organic compounds) content and better biodegradability.
1. Market Competition
The representative players in global Propylene Glycol Monomethyl Ether Acetate (PMA) market are Dow, Jiangsu Dynamic, Shell Chemicals, LyondellBasell and Jiangsu Hualun, accounting for 51% market share in terms of revenues in 2023. The market concentration rate is high. Players are concentrated in United States, Europe, Japan and China.
2. Regions Comparison
The representative production regions in this market are United States, Europe and China, with more than 70% market share in 2023 and the representative consumption regions are North America, Europe and Asia-Pacific, with 91% market share in 2023, especially China, accounting for about 32% market share.
The major production region in China is Jiangsu Province, with more than 80% market share in China market.
3. Product Classification
Propylene Glycol Monomethyl Ether Acetate (PMA) mainly includes Industrial Grade and Electronic Grade. Industrial Grade accounting 82% market share in terms of sales in 2023. Electronic Grade is required higher purity, 99.9% and above.
4. Downstream Market
Propylene Glycol Monomethyl Ether Acetate is used as intermediates and in formulations in industrial, professional or consumer applications, mainly in surface coatings, printing inks, cleaners, agrochemical, or deicing/anti-icing formulations. It is also used as extractant and as coalescing agents and flow improvers in water-based paints. The representative application is Coatings and Inks, accounting 64% market share in terms of sales in 2023. Electronics application has higher growth rate in the future.
In electronics field, PGMEA replaces EEA is in photoresist formulations used in semiconductor processing. In these processes, it is used in the positive photoresist formulation, also used in solvent systems for cleaning and degreasing circuit boards and removing solder flux. The expansion of electronics and semiconductor markets globally fosters demand for high-purity solvents PGMEA.
This report studies the global Propylene Glycol Monomethyl Ether Acetate (PMA) production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Propylene Glycol Monomethyl Ether Acetate (PMA) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Propylene Glycol Monomethyl Ether Acetate (PMA) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Propylene Glycol Monomethyl Ether Acetate (PMA) total production and demand, 2021-2032, (MT)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) total production value, 2021-2032, (USD Million)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (MT), (based on production site)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) consumption by region & country, CAGR, 2021-2032 & (MT)
U.S. VS China: Propylene Glycol Monomethyl Ether Acetate (PMA) domestic production, consumption, key domestic manufacturers and share
Global Propylene Glycol Monomethyl Ether Acetate (PMA) production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (MT)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) production by Type, production, value, CAGR, 2021-2032, (USD Million) & (MT)
Global Propylene Glycol Monomethyl Ether Acetate (PMA) production by Application, production, value, CAGR, 2021-2032, (USD Million) & (MT)
This report profiles key players in the global Propylene Glycol Monomethyl Ether Acetate (PMA) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dow, Shell Chemicals, LyondellBasell, Eastman, KH Neochem, Shinko Organic Chemical, Daicel, Chang Chun Group, Shiny Chemical, San Fu Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Propylene Glycol Monomethyl Ether Acetate (PMA) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MT) and average price (US$/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, Segmentation by Type:
Industrial Grade
Electronic Grade
Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, Segmentation by Application:
Coatings and Inks
Electronics
Cleaners
Others
Companies Profiled:
Dow
Shell Chemicals
LyondellBasell
Eastman
KH Neochem
Shinko Organic Chemical
Daicel
Chang Chun Group
Shiny Chemical
San Fu Chemical
Jiangsu Dynamic
Jiangsu Hualun
Yida Chemical
Jiangsu Baichuan
Jiangsu Sanmu
Key Questions Answered:
1. How big is the global Propylene Glycol Monomethyl Ether Acetate (PMA) market?
2. What is the demand of the global Propylene Glycol Monomethyl Ether Acetate (PMA) market?
3. What is the year over year growth of the global Propylene Glycol Monomethyl Ether Acetate (PMA) market?
4. What is the production and production value of the global Propylene Glycol Monomethyl Ether Acetate (PMA) market?
5. Who are the key producers in the global Propylene Glycol Monomethyl Ether Acetate (PMA) market?
6. What are the growth factors driving the market demand?
Table of Contents
124 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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