Propylene Glycol Monomethyl Ether Acetate (PMA) Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 5.1% from 2026 to 2033, reaching USD 1.8 Billion by 2033.
The global Propylene Glycol Monomethyl Ether Acetate (PMA) market was valued at approximately USD 575 million in 2022 and is projected to grow at a Compound Annual Growth Rate (CAGR) of around 4.6% from 2022 to 2030. This growth is driven by increasing demand in paints and coatings, electronics, and printing industries due to PMA’s excellent solvent properties and low toxicity. Asia Pacific dominated the global market in 2022, accounting for over 45% of the total market share, attributed to rapid industrialization, urbanization, and rising consumption in China, India, and Southeast Asian countries. North America followed, with a notable share due to the strong presence of downstream industries and regulatory support for eco friendly solvents. Europe also held a significant share, especially in Germany, France, and Italy, where demand is driven by the automotive and manufacturing sectors.
Emerging economies in Latin America and the Middle East & Africa are expected to offer lucrative growth opportunities through 2030. These regions are witnessing increased investments in infrastructure and manufacturing, which are boosting the demand for industrial solvents like PMA. Additionally, the shift toward water based paints and coatings and the increasing adoption of eco friendly chemicals in various applications are contributing to market expansion. Regulatory support for low VOC (volatile organic compound) emissions and sustainable industrial processes further enhances the outlook. With ongoing technological advancements and rising consumer awareness regarding environmental impacts, the PMA market is expected to see steady growth across all regions in the coming years.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=616680&utm_source=Google_site_G_April&utm_medium=227
Â
Dow
Shell Chemicals
LyondellBasell
Eastman Chemical
KH Neochem
Shinko Organic Chemical
Jiangsu Dynamic Chemical
Jiangsu Hualun Chemical
Wuxi Baichuan Chemical
Chang Chun Group
Jiangsu Yida Chemical
Jiangsu RuiJia Chemistry
Shiny Chemical
Yancheng Super Chemical
HENAN PROSPER CHEMICALS
Â
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=616680&utm_source=Google_site_G_April&utm_medium=227
Growing demand for below applications around the world has had a direct impact on the growth of the Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market
Paints and Coatings
Industrial Cleaning
Electronics
Pharmaceuticals
Cosmetics
Automotive
Aerospace
Pharmaceuticals
Cosmetics & Personal Care
Food & Beverages
Technical Grade
Industrial Grade
High Purity
Standard Purity
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)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/propylene-glycol-monomethyl-ether-acetate-pma-market/
1. Introduction of the Global Propylene Glycol Monomethyl Ether Acetate (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 Propylene Glycol Monomethyl Ether Acetate (PMA) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, By Type
6. Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, By Application
7. Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Propylene Glycol Monomethyl Ether Acetate (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/