The global Methoxy Propyl Acetate (PMA) market volume was roughly 400 thousand tonnes in 2023 and is anticipated to grow at a CAGR of 4.45% during the forecast period until 2034.
Methoxy propyl acetate is a clear liquid with a restricted water miscibility. It is also referred to as PMA, 1-methoxy-2-acetoxypropane, or propylene glycol monomethyl ether-1,2-acetate. Methoxy Propyl acetate finds extensive application as a solvent across diverse industries due to its versatile properties. In coatings and paints, it serves as a crucial solvent, facilitating the dispersion of pigments and resins while ensuring proper viscosity and drying characteristics for achieving smooth and durable finishes. Similarly, in the printing industry, methoxy propyl acetate acts as a solvent in ink formulations, aiding in the dissolution of colorants and binders for various printing processes such as flexography and gravure. Beyond its role as a solvent, PMA acts as a coalescent in coatings, especially those containing polyisocyanates. It also serves as a cleaning agent in the electronics industry. Methoxy propyl acetate's strong solvency makes it an effective ingredient in cleaning and degreasing formulations, capable of removing oil, and grease from electronic.
The Methoxy Propyl Acetate market is propelled by its usage as a solvent in numerous industries. Firstly, there's a notable surge in demand within the coatings and paints industry, fuelled by global urbanization and infrastructure development. This growth necessitates high-quality coatings and paints for applications in construction, automotive, and industry, where Methoxy Propyl Acetate serves as a vital solvent, enhancing performance and durability. Secondly, the printing sector is experiencing significant expansion, spurred by evolving consumer preferences and technological advancements. Methoxy Propyl Acetate finds extensive use as a solvent in ink formulations for various printing processes, aligning with the rising demand for printed materials, packaging, and labels. Furthermore, the adoption of Methoxy Propyl Acetate in adhesives and sealants production is on the rise, driven by increasing demands in construction, automotive, and packaging industries. Lastly, the market benefits from an increasing focus on green and sustainable practices, with Methoxy Propyl Acetate being recognized for its low toxicity, biodegradability, and low VOC content, appealing to industries striving for environmental responsibility. The global Methoxy Propyl Acetate market is likely to reach approximately 650 thousand tonnes in 2034.
Globally, Asia Pacific Methoxy Propyl Acetate market currently holds the largest market share and is projected to lead throughout the forecasted period. Factors contributing to this dominance could include the region's robust industrial base, strong manufacturing capabilities, and growing demand for Methoxy Propyl Acetate across various industries such as coatings, paints, printing, adhesives, and others. Additionally, the Asia Pacific region encompasses key emerging economies like China, India, and Southeast Asian countries, which are experiencing rapid industrialization, urbanization, and infrastructure development, driving the demand for Methoxy Propyl Acetate.
Based on the end-use, the global Methoxy Propyl Acetate market is divided into Paints & Coatings, Printing Inks, Electronics, Others. Among these, Paints & Coatings is the dominating segment followed by Printing Inks industry.
Major players in the Global Methoxy Propyl Acetate market are LyondellBasell, Eastman Chemical, KH Neochem Co., Ltd, Shinko Organic Chemical, Jiangsu Baichuan High-tech New Materials, Shell Chemicals, BASF, Dow, Jiangsu Hualun Chemical, Jiangsu Yida Chemical, Ruijia Chemistry, Jiangsu Dynamic Chemical, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
• To assess the demand-supply scenario of Methoxy Propyl Acetate which covers production, demand and supply of Methoxy Propyl Acetate market in the globe.
• To analyse and forecast the market size of Methoxy Propyl Acetate
• To classify and forecast Global Methoxy Propyl Acetate market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Methoxy Propyl Acetate market in the globe.
To extract data for Global Methoxy Propyl Acetate market, primary research surveys were conducted with Methoxy Propyl Acetate manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Methoxy Propyl Acetate market over the coming years.
ChemAnalyst calculated Methoxy Propyl Acetate demand across the globe by analyzing the volume of Methoxy Propyl Acetate consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Methoxy Propyl Acetate manufacturers and other stakeholders
• Organizations, forums and alliances related to Methoxy Propyl Acetate distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Methoxy Propyl Acetate manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Methoxy Propyl Acetate market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
400 thousand tonnes
Market size Volume in 2034
650 thousand tonnes
Growth Rate
CAGR of 4.45% from 2024 to 2034
Base year
2023
Estimated year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Paints & Coatings, Printing Inks, Electronics, Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
In case you do not find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com
Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Methoxy Propyl Acetate market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Methoxy Propyl Acetate.
3. Capacity By Location
To better understand the regional supply of Methoxy Propyl Acetate by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Methoxy Propyl Acetate by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Paints & Coatings, Printing Inks, Electronics, Others) are creating a market and the forecast for the growth of the Methoxy Propyl Acetate market.
7. Demand by Region
Analyzing the change in demand of Methoxy Propyl Acetate in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Methoxy Propyl Acetate. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Methoxy Propyl Acetate.
10. Company Share
Figure out what proportion of the market share of Methoxy Propyl Acetate is currently held by leading players across the globe.
11. Manufacturing Process
Discover insights into the intricate manufacturing process of Methoxy Propyl Acetate.
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in
tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case
of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the net market size of Methoxy Propyl Acetate in terms of volume in 2023?
Ans:
The global market size of Methoxy Propyl Acetate has reached approximately 400 thousand tonnes in 2023.
Q2.
Which industry is the leading end-user industry of Methoxy Propyl Acetate?
Ans:
Paints & Coatings industry is the leading end-user industry of Methoxy Propyl Acetate globally.
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database) Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
Our Solutions
Custom Research
We at ChemAnalyst provide tailor-made solutions to our clients based on their requirements which help them in building and expanding their business by developing customized strategy such as sales strategy, GTM Strategy, product portfolio and new product development. Our dedicated team helps clients in getting the best solution for their requirements. We at ChemAnalyst look forward to serving our clients for long term association.
Techno Economic Feasibility Report (TEFR)
ChemAnalyst provide TEFR reports which include market sizing, plant cost (ISBL and OSBL units), financial modelling, covering all the major financial calculations and ratios including production cost, IRR, major technology, licensing fee (if required), and others fixed and variable costs. TEFR reports will help the client to build greenfield project as well as brownfield expansion for a specific geography. Our Team of experts have delivered multiple TEFR reports which help clients in moving ahead of their business competition by grabbing the opportunity and expanding their business portfolio.
Price Benchmarking
Pricing benchmark report provides real-time data perpetuating current market scenarios, in a world that is changing at a rapid pace, having real-time prices is an imperative to make impactful insights and thereby informed decisions. The Price Benchmarking report provides pricing data for an individual market, or group of markets, which can be converted into localized insights and comparable listings. Benchmarking Reports help clients to make informed decisions by construing the data on several filters: region, country, category, grade and subsequently increasing their brand presence. Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy.