Propylene Glycol Methyl Ether Acetate (PMAC)
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Glycol
Propylene
Methyl Ether Acetate (PMAC) Market
Propylene Glycol Methyl Ether Acetate (PMAC) Market Size and Growth
The Propylene Glycol Methyl Ether Acetate (PMAC) market research reports indicate a growing demand for the chemical due to its wide applications in industries such as coatings, paints, and cleaning products. The market size for PMAC is projected to reach $600 million by 2025, driven by increasing industrial activities and technological advancements.
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Companies Covered (Covid 19 Impact Covered)
◍ DowDuPont
◍ Shell
◍ Monument Chemical
◍ Eastman
◍ K H Neochem
◍ LyondellBasell
The competitive landscape of Propylene Glycol Methyl Ether Acetate (PMAC) market includes DowDuPont, Shell, Monument Chemical, Eastman, K H Neochem, and LyondellBasell. These companies utilize PMAC in various industries such as paints, coatings, adhesives, and automotive, contributing to growing demand for PMAC. Sales revenue figures: DowDuPont - $85.97 billion, Shell - $388.38 billion, LyondellBasell - $32.75 billion.
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Market Segmentation
By Application
◍ Solvent for Inks and Coatings
◍ Electronics Manufacturing
◍ Cleaners
◍ Metal Finishers
◍ Paints
◍ Pesticides
By Product
◍ PurityAbove 99.0%
◍ PurityAbove 99.5%
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Market Growth
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$ X Billion USD
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