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1-Methoxypropan-2-ol Market Size, Revenue Growth Factors & Trends, Key Player Strategy Analysis, 2021–2028

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Radha
1-Methoxypropan-2-ol Market Size, Revenue Growth Factors & Trends, Key Player Strategy Analysis, 2021–2028

The global methoxy propanol market is forecast to reach USD 1,043.8 Million by 2028, according to a new report by Reports and Data. 1-Methoxypropan-2-ol (or also known as propylene glycol methyl ether) is a colorless, highly flammable, water-soluble industrial and commercial chemical and a methoxy alcohol derivative. 1-Methoxypropan-2-ol is mostly used in the manufacture of propylene glycol methyl ether acetate and is also widely utilized as a direct or intermediate solvent chemical in the formulation of various chemical processing. Paints, inks, synthetic resin, varnishes, and rubber adhesives are some of its chemical applications. The continuous expansion of the paint & coatings, varnishes, dyes, inks, acrylics, stains, toners, anti-freezers, and coolants are expected to drive the demand throughout the forecast period. Direct & Intermediate solvent, chemical reagent, coalescing agent, and other processing aids are some of its widely used end-usages. Growing demand for consumer electronics products is harnessing the growth of this market substantially.


Asia Pacific region is forecasted to grow the fastest with the highest growth rate of 6.4% in the period 2019 - 2027, owing to high market penetration in paints & coatings and electronics applications coupled with the extensive demand for the automotive coolants, especially in the regions like India and China.


Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2401


Market Overview:

A substance or mixture of substances that make up an object is referred to as a material. Materials are used as inputs in manufacturing processes to create goods or more complex materials in the industry. The chemical industry is made up of businesses that manufacture industrial chemicals. Chemical reactions and refining technologies are used in this industry to convert basic resources including oil, air, water, natural gas, metals, and minerals into thousands of different products. The materials and chemicals sector trends range from solutions for lightweight, sustainability, surface engineering, 3D printing, nano-formulations (biomaterials), and developing advanced composites to meet the current industry demands.


The global 1-Methoxypropan-2-ol market research report has been formulated with extensive primary and secondary research and also covers SWOT examination and Porter’s Five Forces Analysis to offer a detailed analysis of the leading companies. The report also offers a detailed analysis of market share, market size, market volume and value, product portfolio, product development and advancement, technological upgrades, and segmentation based on types, application, end-use, and region.


Top Key Players:

The Dow Chemical Company, Royal Dutch Shell PLC, Exxon Mobil Corporation, BASF SE, Tokuyama Corporation, LCY Chemical Corp., OXEA GmbH, JXTG Holdings, Inc., LG Chem Ltd., Sasol Limited, and ISU Chemical.


End-Use Outlook (Revenue: USD Million; Unit: Kilo Tons 2018-2028)

  • Direct Solvent
  • Chemical Intermediate
  • Coalescing Agent
  • Pesticides
  • Chemical Reagents
  • Others

Sales Channel Outlook (Revenue: USD Million; Unit: Kilo Tons 2018-2028)

  • Online Retailing
  • Offline Retailing

Applications Outlook (Revenue: USD Million; Unit: Kilo Tons 2018-2028)

  • Industrial Use
  • Paints and Coatings
  • Electronics Industry
  • Automotive Use
  • Others


To know more about the report @ https://www.reportsanddata.com/report-detail/methoxy-propanol-market


Reasons for Buying this Report:

  • The report focuses on market share, market size, revenue share, industry growth rate, regional bifurcation, and overall industry outlook.
  • The study provides a pinpoint analysis of changing competitive dynamics.
  • The report helps readers in understanding the product segments and their future growth.
  • Analysts in this research report can quickly expand their business by focusing on various business and market strategies. 
  • It helps in making informed business decisions by having complete insights into the market and by making in-depth analyses of market segments.
  • PEST analysis of the market in the five major regions.


Regional analysis covers:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)


Thank you for reading our report. Please connect with us to know more about the report and its customization feature. Our team will ensure the report is well suited to meet your requirements.


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