Japan 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.4 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
The Japan 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) market is experiencing significant growth, driven by its diverse applications across various industries. PGMEA/PMA is predominantly used as a solvent in the electronics and semiconductor industry, where its high purity and effective performance are critical. This segment benefits from the increasing demand for advanced electronics and microelectronics, where PGMEA/PMA is utilized in cleaning, etching, and as a carrier solvent in photoresist formulations. The electronics industry's expansion is a major factor driving the growth of PGMEA/PMA consumption in Japan.
Another substantial application of PGMEA/PMA is in the coatings and paint industry. Here, PGMEA/PMA serves as a solvent in formulations of coatings, inks, and paints, contributing to improved flow, leveling, and drying properties. The growing demand for high-performance and eco-friendly coatings is propelling the market for PGMEA/PMA in this segment. Innovations in paint technology and increasing requirements for quality finishes in automotive and industrial applications are key drivers of this market segment.
Get an In-Depth Research Analysis of the Japan 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market Size And Forecast [2025-2032]
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. 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 Japan 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market
Semiconductors
Displays
Others
Based on Types the Market is categorized into Below types that held the largest 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) market share In 2023.
Purity (GC) %≥ 99.5%
Purity (GC) %≥ 99.9%
Japan (United States, Japan 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 Japan 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. Japan 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. Japan 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market, By Type
6. Japan 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market, By Application
7. Japan 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan 99% Above Propylene Glycol Monomethyl Ether Acetate (PGMEA/PMA) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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