99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market size was valued at USD 500 Million in 2024 and is projected to reach USD 800 Million by 2033, exhibiting a CAGR of 5.5% from 2026 to 2033.
The global 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) market size was valued at USD 1.2 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. The market growth is primarily driven by the increasing demand for PGMEA/PMA in applications such as electronics, coatings, and cleaning products. The growing semiconductor industry and the rising demand for high quality photoresists for circuit boards have contributed to the markets positive outlook. In terms of regional revenue, Asia Pacific dominated the market, accounting for approximately 45% of the total share in 2022, driven by the booming electronics manufacturing sector in countries like China, Japan, and South Korea. The North American market also holds a significant share due to the high demand for PGMEA/PMA in the semiconductor and automotive industries. Europe is witnessing steady growth as well, particularly in Germany and France, owing to the expansion of the industrial and automotive sectors in the region.
In terms of market opportunities, Asia Pacific is expected to maintain its leading position, with a projected CAGR of 6.1% from 2023 to 2030, fueled by rapid industrialization and increasing electronics production. North America is anticipated to witness steady growth at a CAGR of 4.9%, driven by the expanding demand for PGMEA/PMA in high end electronics and automotive applications. The European market, on the other hand, is likely to grow at a more moderate pace, registering a CAGR of 4.3%, primarily supported by advancements in industrial and coating technologies. Additionally, the market is experiencing a rising demand for eco friendly and sustainable alternatives to traditional solvents, creating further growth potential for PGMEA/PMA in the coming years.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=884986&utm_source=Pulse_G_April&utm_medium=226
Dow
Shell Chemicals
KH Neochem Co.
Ltd
LyondellBasell
Dynamic INT’L
Jiangsu Hualun
Eastman Chemical Company
Wuxi Baichuan Chemical Industrial Co.
Ltd
YIDA CHEMICAL
Shinko Organic Chemical Industry Ltd.
Chang Chun Group
Shiny Chemical Industrial Co.，Ltd
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=884986&utm_source=Pulse_G_April&utm_medium=226
Growing demand for below applications around the world has had a direct impact on the growth of the Global 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market
Propylene Glycol Monomethyl Ether Acetate (PGMEA)
Propylene Glycol Methyl Ether Acetate (PMA)
Coatings
Inks
Cleaning Agents
Adhesives
Pharmaceuticals
Automotive
Aerospace
Electronics
Construction
Healthcare
Industrial Grade
Technical Grade
Direct Sales
Distributors
Online Retail
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/99-above-propylene-glycol-monomethyl-ether-acetate-pgmea-pma-market/
1. Introduction of the Global 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market, By Type
6. Global 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market, By Application
7. Global 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/