Propylene Glycol Monomethyl Ether Propionate (PMP)
Market
Propylene Glycol Monomethyl Ether Propionate
(PMP) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Propylene Glycol Monomethyl Ether Propionate (PMP)
Market Size and Growth
The Propylene Glycol Monomethyl Ether Propionate (PMP) market is experiencing growth driven by advancements in chemical applications. Market size is projected to reach approximately $XXX million by 2028, with a CAGR of XX%. Increasing demand in coatings, solvents, and electronics underscores its importance across diverse industries, reflecting favorable market conditions.
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Companies Covered
(Covid 19 Impact Covered)
◍ LyondellBasell
◍ BASF
◍ Jiangsu Hualun
◍ Jiangsu Dynamic Chemical
◍ Jiangsu Yida Chemical
◍ SANKYO CHEMICAL
◍ Jiangsu Yinyan Specialty Chemical
◍ Yancheng Super Chemical
The Propylene Glycol Monomethyl Ether Propionate (PMP) market features key players like LyondellBasell and BASF, which leverage PMP for solvents in coatings and inks. Jiangsu Yida and others contribute with innovations in formulations. Together, these companies enhance market growth through product development and strategic partnerships, driving demand in various industries. Revenue figures include:
- LyondellBasell: $15 billion (2022)
- BASF: €78.6 billion (2022)
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Market Segmentation
By Application
By Product
Above 99.5% ◍ Others ◍ Automotive ◍ Electronics ◍ Paint & Printing Inks ◍ Chemical Industry ◍ Others
◍ Above 99.0%
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Market Growth
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$ X Billion USD
