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Global High Purity Propylene Glycol Monomethyl Ether Acetate (PGMEA & PMA) for Electronic Market to Touch USD 408.2 Mn by 2028 as per the Latest Research

Propylene glycol monomethyl ether acetate (PGMEA/PMA) is a colorless hygroscopic liquid with a special odor. It is a non-polluting solvent with multi-functional groups. The electronic grade, which is further purified, can be used as the photoresist solvent and cleaning agent in the production of semiconductor and liquid crystal displays.

Market Analysis and Insights: Global High Purity Propylene Glycol Monomethyl Ether Acetate (PGMEA & PMA) for Electronic Market

Due to the COVID-19 pandemic, the global High Purity Propylene Glycol Monomethyl Ether Acetate (PGMEA & PMA) for Electronic market size is estimated to be worth US$ 263 million in 2022 and is forecast to a readjusted size of US$ 408.2 million by 2028 with a CAGR of 7.6% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Ultra High Purity accounting for % of the High Purity Propylene Glycol Monomethyl Ether Acetate (PGMEA & PMA) for Electronic global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Semiconductors segment is altered to an % CAGR throughout this forecast period.

The representative players in global High Purity PGMEA/PMA for electronic field market are Dow, Shell Chemicals, LyondellBasell, Eastman and Jiangsu Dynamic, accounting for more than 50% market share in terms of revenues. Players are concentrated in United States, Europe, Japan and China.

The representative production regions in this market are United States, Europe, Japan and China, with more than 80% market share and representative consumption region is China, with 44% market share (including Taiwan market). China has great potential demand.

Electronic grade PGMEA/PMA mainly includes Ultra High Purity, High Purity. While many manufactures’ products purity is less than 99%, though aimed at electronic field.

Global High Purity Propylene Glycol Monomethyl Ether Acetate (PGMEA & PMA) for Electronic Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Ultra High Purity
  • High Purity
  • Others

Segment by Application

  • Semiconductors
  • Flat Panel Display (FPD)
  • Others

By Company

  • Dow
  • Shell Chemicals
  • Lyondellbasell
  • Eastman
  • Kh Neochem Co
  • Shinko Organic Chemical Industry Ltd
  • Daicel
  • Chang Chun Group
  • Shiny Chemical Industrial Co
  • Jiangsu Dynamic
  • Jiangsu Hualun
  • Jiangsu Baichuan
  • Yida Chemical

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)


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