Propylene
Glycol Monomethyl Ether Acetate (PMA) Market
Market Size, Share Global Outlook and Forecast 2025-2032
Automotive Adhesives & Sealants Market Overview
Propylene glycol monomethyl ether acetate, also known as propylene glycol methyl ether acetate, is a colorless liquid with a unique odor. It is widely used as a solvent in various industries such as printing ink, paint, textile dyes, and electronics.
Propylene Glycol Monomethyl Ether
Acetate (PMA) is a solvent with versatile applications, known for its ability to dissolve different resin types, making it ideal for paints, coatings, and inks. It is considered environmentally friendly due to its low VOC content and better biodegradability.
Market Value & Growth Projections
Market Value & Growth
Projections: • Market Value in 2025 : USD 709 million • Projected Value by 2032: USD 944 million
CAGR 4.3%
Key Market Drivers:
Growing Demand for Environmentally Friendly Solvents
Expansion of Electronics and Semiconductor Markets
Market Segmentation
By Type
By Application
Industrial Grade
Electronic Grade
By Region
Coatings and Inks
Electronics
North America
Europe
Regional Market Analysis
North America: The U.S. and Canada exhibit stable demand due to mature industrial sectors. However, environmental concerns and regulations around VOCs slightly restrain the growth potential.
Europ: Similar to North America, Europe maintains a moderate market share. Strict regulations and a shift toward greener alternatives hinder rapid growth, though demand from the automotive and coatings industries remains steady.
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