South Korea Methyl Acetate Market - Insights and Precise Outlook Analysis

Methyl Acetate Market Overview 2021 - 2025

This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

The rising technology in Methyl Acetate Market is also depicted in this research report.
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.

Factors that are boosting the growth of the market, and giving a positive push to thrive in the global market is explained in detail.

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Key Competitors of the Global Methyl Acetate Market are: Dow, Shell Chemicals, LyondellBasell, Eastman Chemical, KH Neochem Co., Ltd, Shinko Organic Chemical, Dynamic INT'L, Jiangsu Hualun, Baichuan Stock, Yida, Ruijia Chemistry,

Historical data available in the report elaborates on the development of the Methyl Acetate on national, regional and international levels. Methyl Acetate Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis.

Major Product Types covered are: Purity(GC)%? 99.5%
Purity(GC)%? 99.9%

Major Applications of Methyl Acetate covered are: Production Solvents
Cleaning Solvents

This study report on global Methyl Acetate market throws light on the crucial trends and dynamics impacting the development of the market, including the restraints, drivers, and opportunities.

The fundamental purpose of Methyl Acetate Market report is to provide a correct and strategic analysis of the Methyl Acetate industry. The report scrutinizes each segment and sub-segments presents before you a 360-degree view of the said market.

Market Scenario:

The report further highlights the development trends in the global Methyl Acetate market. Factors that are driving the market growth and fueling its segments are also analyzed in the report. The report also highlights on its applications, types, deployments, components, developments of this market.

Highlights following key factors:

:- Business description – A detailed description of the company’s operations and business divisions.
:- Corporate strategy – Analyst’s summarization of the company’s business strategy.
:- SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
:- Company history – Progression of key events associated with the company.
:- Major products and services – A list of major products, services and brands of the company.
:- Key competitors – A list of key competitors to the company.
:- Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
:- Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.

Our report offers:

– Market share assessments for the regional and country level segments.
– Market share analysis of the top industry players.
– Strategic recommendations for the new entrants.
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets.
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).
– Strategic recommendations in key business segments based on the market estimations.
– Competitive landscaping mapping the key common trends.
– Company profiling with detailed strategies, financials, and recent developments.
– Supply chain trends mapping the latest technological advancements.

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