Methyl Acetate Market Size -Future of growth, Top Capital Facts, Global Industry Analysis, Share, Growth, Trends and Forecast 2020 - 2025
Detailed Analysis & SWOT analysis, Methyl Acetate Market Trends 2020, Methyl Acetate Market Growth 2020, Methyl Acetate Industry Share 2020, Methyl Acetate Industry Size, Methyl Acetate Market Research, Methyl Acetate Market Analysis,
Global Methyl Acetate Market report tends to a portion of the major and one of a kind parts of the market. Further report makes reference to mechanical norms based on planned degree and industry measurement and uncovers. Based on notable information, showcase size has been determined as far as income from base year 2020 to 2025.
market for Methyl Acetate is expected to grow at a CAGR of roughly 8.0% over the next five years, will reach 170 million USDin 2024, from 110 million USDin 2019, according to a new study.
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Methyl Acetate Industry Outlook 2020:->
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.,
Methyl Acetate market competition by top Countries manufacturers/ Key player Data Profiled:
- Dow
- Shell Chemicals
- LyondellBasell
- Eastman Chemical
- KH Neochem Co.
- Ltd
- Shinko Organic Chemical
- Dynamic INT'L
- Jiangsu Hualun
- Baichuan Stock
- Yida
- Ruijia Chemistry
And More……
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Scope of the Methyl Acetate Market Report:
- 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 worldwide market for Methyl Acetate is expected to grow at a CAGR of roughly 8.0% over the next five years, will reach 170 million USDin 2024, from 110 million USDin 2019, according to a new study.This report focuses on the Methyl Acetate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.,
Methyl Acetate Market Segment by Type covers:
- Purity(GC)%≥ 99.5%
- Purity(GC)%≥ 99.9%
Methyl Acetate Market Segment by Applications can be divided into:
- Production Solvents
- Cleaning Solvents
Regional analysis covers:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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This Methyl Acetate Market Research/Analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is used for Vegetable Parchment? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Methyl Acetate Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Methyl Acetate Market? What Was Capacity, Production Value, Cost and PROFIT of Methyl Acetate Market?
- What Is Current Market Status of Methyl Acetate Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Methyl Acetate Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Methyl Acetate Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Methyl Acetate Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Methyl Acetate Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Methyl Acetate Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Methyl Acetate Industry?
Key Benefits
- Major countries in each region are mapped according to individual market revenue.
- Comprehensive analysis of factors that drive and restrict the market growth is provided.
- The report includes an in-depth analysis of current research & clinical developments within the market.
- Key players and their key developments in the recent years are listed.
And More….
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The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Methyl Acetate market in 2025 is also explained. Additionally, type wise and application wise consumption tables and figures of Methyl Acetate market are also given.
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