The report offers detailed coverage of Methyl Acetate industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Methyl Acetate by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Propylene glycol monomethyl ether acetate (PGMEA/PMA), also known as propylene glycol methyl ether acetate, is a colorless hygroscopic liquid with a special odor. It is a non-polluting solvent with multi-functional groups. Its molecular formula is C6H12O3. It is mainly used as a solvent for printing ink, paint, textile dyes, and textile oil. 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. PGMEA/PMA is flammable, and when the temperature is above 42°C, it may form explosive vapor/air mixture.
Propylene Glycol Methyl Ether Acetate (PGMEA) for Electronic Materials production market is relatively concentrated. Europe is the Major Production area as well as the leading consumption market. However, small players in other areas like China and Japan are growing fast in recent years, and they are seeing to keep the growing trend in the next forecast decade.
Global total consumption volume has reached 43.2 K MT in 2016, with CAGR of 9.42% in 2012-2017, market revenue was forecasted to reach 163.97 Million USD in 2022, with CAGR of 7.76% in 2012-2022. Europe, USA, Korea and Taiwan are the biggest consumption areas, Europe dominated over 30% of total electronic grade propylene glycol methyl ether acetate market.

3. Raw material cost is the biggest cost section for electronic grade propylene glycol methyl ether acetate manufacturing. Propylene glycol methyl ether (PM solvent), the main direct upstream material, are mostly supplied by PGMEA producer themselves. Dow, Shell Chemicals, LyondellBasell and Eastman Chemical are the leading players in global market, Dynamic Tianyin, Jiangsu Hualun, Baichuan Stock, Yida and Ruijia Chemistry are key players in China production market.

Price of Propylene Glycol Methyl Ether Acetate (PGMEA) for Electronic Materials fluctuated obviously in 2013-2016, due to the upward trend of PM solvent, the PGMEA price is forecasted to keep a growing trend in next few years.

The end-use market for electronic grade propylene glycol methyl ether acetate is huge, manufacturing process and technologies are still improving. We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve.

On the whole market overview, this is a market with intense competition and lots of customers， small players without enough financial and technology support should take cautious entering this market.



The report forecast global Methyl Acetate market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global Methyl Acetate market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Dow
Shell Chemicals
LyondellBasell
Eastman Chemical
KH Neochem Co., Ltd
Shinko Organic Chemical
Dynamic INT&L
Jiangsu Hualun
Baichuan Stock
Yida
Ruijia Chemistry


At the same time, we classify Methyl Acetate according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Purity(GC)%≥ 99.5%
Purity(GC)%≥ 99.9%
Market by Application
Production Solvents
Cleaning Solvents

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Methyl Acetate market for the forecast period 2023 - 2030?
• What are the driving forces in the Methyl Acetate market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Methyl Acetate industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Research Methodology

The Market Research Update offers technology-driven solutions and its full integration in the research process to be skilled at every step. We use diverse assets to produce the best results for our clients. The success of a research project is completely reliant on the research process adopted by the company. Market Research Update assists its clients to recognize opportunities by examining the global market and offering economic insights. We are proud of our extensive coverage that encompasses the understanding of numerous major industry domains.

Market Research Update provide consistency in our research report, also we provide on the part of the analysis of forecast across a gamut of coverage geographies and coverage. The research teams carry out primary and secondary research to implement and design the data collection procedure. The research team then analyzes data about the latest trends and major issues in reference to each industry and country. This helps to determine the anticipated market-related procedures in the future. The company offers technology-driven solutions and its full incorporation in the research method to be skilled at each step.

The Company's Research Process Has the Following Advantages:

1. Information Procurement

The step comprises the procurement of market-related information or data via different methodologies & sources.

2. Information Investigation

This step comprises the mapping and investigation of all the information procured from the earlier step. It also includes the analysis of data differences observed across numerous data sources.

3. Highly Authentic Source

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4. Market Formulation

This step entails the placement of data points at suitable market spaces in an effort to assume possible conclusions. Analyst viewpoint and subject matter specialist based examining the form of market sizing also plays an essential role in this step.

5. Validation & Publishing of Information

Validation is a significant step in the procedure. Validation via an intricately designed procedure assists us to conclude data-points to be used for final calculations.