United States Propylene Glycol Ether PGE Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.7 Billion by 2030, growing at a CAGR of 7.9% from 2024 to 2030.
The Propylene Glycol Ether (PGE) market in the United States has shown steady growth over the years, with increasing demand from various industries. Propylene Glycol Ether is a versatile solvent used in a wide range of applications, from industrial cleaners and paints to pharmaceuticals and cosmetics. As demand for these products continues to rise, the PGE market has expanded significantly to meet the needs of various sectors.
The primary types of PGEs available in the market include Propylene Glycol Monomethyl Ether (PM), Propylene Glycol Monoethyl Ether (PE), and Propylene Glycol Monobutyl Ether (PB). Each type of PGE is tailored to specific industrial needs based on its chemical properties and performance. These variants are essential in formulating products such as paint thinners, coatings, adhesives, and automotive fluids. The choice of PGE type depends on the desired application, where solvents like PM and PE are commonly used in consumer goods, while PB is widely used in industrial settings due to its stronger solvent capabilities.
The requirement for PGEs from industries is influenced by various factors, such as their excellent solvency properties, low toxicity, and ability to mix with both water and oil-based substances. For instance, the automotive sector heavily relies on PGEs for the development of cleaning agents, while the cosmetics and pharmaceutical industries use them as solvents in formulations. The growing trend of green chemistry has also encouraged industries to adopt PGEs, as they are considered more environmentally friendly compared to some traditional solvents.
The demand for PGEs has been particularly notable in the coatings industry, where their ability to enhance the spreadability and consistency of paints has made them invaluable. Furthermore, as manufacturers and consumers alike push for more sustainable, non-toxic alternatives in products, PGEs continue to be favored over other chemicals that may pose risks to human health and the environment.
In conclusion, the US Propylene Glycol Ether (PGE) market has been growing due to the increasing adoption of these solvents across a wide range of industries. Their versatility and environmental benefits make them an essential component in formulations, driving demand across several sectors, including automotive, pharmaceuticals, and cosmetics.
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Dow Chemical
Eastman
Lyondellbasell
Shell
BASF
Daicel
Hualun Chemical
Dynamic International
Jiangsu Yida
SKC
Wuxi Baichuan
Jiangsu Ruijia
Yancheng Super
Jiangsu Yinyan
Zhongtian Huanbao
CPP
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Propylene Glycol Ether PGE Market
Propylene Glycol Monomethyl Ether (PGME)
Propylene Glycol Monobutyl Ether (PGBE)
Propylene Glycol Monoethyl Ether (PGEE)
Propylene Glycol Monopropyl Ether (PGPE)
Paints & Coatings
Personal Care Products
Industrial Cleaning
Pharmaceuticals
Agricultural Chemicals
Automotive
Consumer Electronics
Construction
Food & Beverages
Healthcare
Solvent
Surfactant
Emulsifier
Dispersant
Liquid
Solid
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)
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1. Introduction of the US Propylene Glycol Ether PGE 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. US Propylene Glycol Ether PGE Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Propylene Glycol Ether PGE Market, By Type
6. US Propylene Glycol Ether PGE Market, By Application
7. US Propylene Glycol Ether PGE Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Propylene Glycol Ether PGE Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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