Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market Research Report 2021(Status and Outlook)

Propylene Glycol Monomethyl Ether Acetate (PMA), also known as propylene glycol methyl ether acetate, is a colorless hygroscopic liquid with a unique odor. It is a non-polluting solvent with multi-functional groups. Its molecular formula is C6H12O3. Not only it is used as a solvent for printing ink, paint, ink, textile dyes and textile oil, it is also used as a cleaning agent in the production of liquid crystal displays. PGMEA/PMA is flammable, and when the temperature is above 42°C, it may form explosive vapor/air mixture.

According to researcher, the Global Propylene Glycol Monomethyl Ether Acetate (PMA) Market Size was estimated at USD 629.73 million in 2020 and is projected to reach USD 981.98 million by 2027, exhibiting a CAGR of 6.55% during the forecast period.

researcher’s latest report provides a deep insight into the global Propylene Glycol Monomethyl Ether Acetate (PMA) market covering all its essential aspects. This ranges from macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps to shape the competition within the industries and strategies to the competitive environment in order to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of Global Propylene Glycol Monomethyl Ether Acetate (PMA).

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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