QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “1-Methoxy-2-Propanol(PM)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global 1-Methoxy-2-Propanol(PM) market, including market size, share, demand, industry development status, and forecasts for the next few years.
The global market for 1-Methoxy-2-Propanol(PM) was estimated to be worth US$ 1181 million in 2025 and is projected to reach US$ 1622 million, growing at a CAGR of 4.6% from 2026 to 2032.
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1-Methoxy-2-Propanol (PM) Market Summary
1-Methoxy-2-Propanol (PM), chemical formula C₄H₁₀O₂, molecular weight 90.12. The CAS registration number is 107-98-2. At room temperature and pressure, it is a colorless and transparent liquid with a slight ether odor. Against the backdrop of the continuous upgrading of the global coatings, electronic chemicals, and cleaning agent industries, propylene glycol methyl ether (PM), as an important environmentally friendly solvent, is entering a dual cycle of structural adjustment and demand upgrading.
Main driving factors
1. Environmental policies promote the substitution of low toxicity solvents
With the increasingly strict control of VOCs (volatile organic compounds) emissions in various countries around the world, traditional ethylene glycol ether solvents are gradually being replaced due to their high toxicity. Propylene glycol methyl ether has lower toxicity, milder odor, and excellent solubility, making it the preferred alternative to environmentally friendly solvents.
The continuous promotion of environmental policies has further driven the market’s demand for environmentally friendly solvents, providing broad development space for the propylene glycol methyl ether market.
Rapid expansion in two emerging application fields
The application boundaries of propylene glycol methyl ether are continuously expanding:
In the field of electronic chemicals, the demand for photoresist diluents and electronic component cleaning agents is growing with the expansion of the semiconductor industry
In the field of new energy vehicles, application scenarios such as battery separator coating and electronic cleaning continue to emerge
5G communication field: Increased demand for high-purity solvents in high-frequency communication material processing
3. Increased penetration rate of water-based coatings market
The coatings industry is the largest consumer market for propylene glycol methyl ether. The penetration rate of water-based coatings in fields such as construction, automotive, and furniture continues to increase, and propylene glycol methyl ether is an indispensable film-forming agent and leveling agent in water-based coating systems. This trend directly drives the rigid demand for propylene glycol methyl ether.
4. Rapid growth in demand for electronic grade products
The demand for high-purity propylene glycol methyl ether (≥99%) continues to rise in the semiconductor manufacturing and flat panel display production processes. High purity products are the fastest-growing sub category, with a significantly higher growth rate than industrial grade products.
Main obstacles
1. Severe fluctuations in raw material prices
The main upstream raw materials for propylene glycol methyl ether include epichlorohydrin and methanol. The price fluctuations of these basic chemical raw materials directly affect the production costs and profitability of PM products:
The uncertainty of raw material prices increases the difficulty of production cost management and pricing for enterprises.
2. Weak downstream demand growth
According to market monitoring data, the overall performance of downstream demand is weak from 2025 to 2026
Affected by the traditional off-season of terminals, the factory load is not high in January 2026
Market trading performance in April 2026 was weak, with downstream parties holding onto essential purchases
Traditional peak season in October 2024 did not meet demand expectations, resulting in a decrease in on-site demand instead of an increase
The insufficient support from the demand side for prices has led to a stalemate in the game between cost and demand in the market.
3 Risks of International Trade Friction
External factors such as international trade frictions may have a certain impact on the export market. With the increasing complexity of trade relations between China and the United States, as well as between China and Europe, the export business of propylene glycol methyl ether is facing certain uncertainties.
4. Rising costs of safety production and environmental compliance
As a chemical product, the production, storage, and transportation of propylene glycol methyl ether must comply with strict safety production and environmental regulations. The tightening of environmental policies may drive companies to increase their investment in technological upgrades, resulting in increased operating costs in the short term.
According to the new market research report “Global 1-Methoxy-2-Propanol (PM) Market Report 2026-2032”, published by QYResearch, the global 1-Methoxy-2-Propanol (PM) market size is projected to reach USD 1.63 billion by 2032, at a CAGR of 4.7% during the forecast period.
Figure00001. Global 1-Methoxy-2-Propanol (PM) Market Size (US$ Million), 2021-2032
Above data is based on report from QYResearch: Global 1-Methoxy-2-Propanol (PM) Market Report 2026-2032 (published in 2026). If you need the latest data, plaese contact QYResearch.
Figure00002. Global 1-Methoxy-2-Propanol (PM) Top 17 Players Ranking and Market Share (Ranking is based on the revenue of 2025, continually updated)
Above data is based on report from QYResearch: Global 1-Methoxy-2-Propanol (PM) Market Report 2026-2032 (published in 2026). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of 1-Methoxy-2-Propanol (PM) include Dow, LyondellBasell, Eastman, BASF, KH Neochem, Chang Chun Group, Shiny Chemical, Sankyo Chemical, Jiangsu Yida Chemical, Jiangsu Baichuan High-Tech New Materials, etc. In 2025, the global top 10 players had a share approximately 61.0% in terms of revenue.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The 1-Methoxy-2-Propanol(PM) market is segmented as below:
By Company
Chang Chun Group(TW)
LyondellBasell(NL)
Dow(US)
Eastman(US)
BASF(DE)
KH Neochem(JP)
Sankyo Chemical(JP)
Ningbo Weixin New Material Technology(CN)
Jiangsu Baichuan High-Tech New Materials(CN)
Shiny Chemical(TW)
Jiangsu Dynamic Chemical(CN)
Jiangsu Yida Chemical(CN)
Sanfu Chemical(CN)
Taiwan Maxwave(TW)
Jiangsu SANMU GROUP(CN)
Shandong Jiayu Chemical(CN)
Jiangsu Ruijia Food Ingredient(CN)
Segment by Type
Industrial Grade
Electronic Grade
Segment by Application
Semiconductor Manufacturing
LCD
Paint
Ink
Other
Each chapter of the report provides detailed information for readers to further understand the 1-Methoxy-2-Propanol(PM) market:
Chapter 1: Introduces the report scope of the 1-Methoxy-2-Propanol(PM) report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2021-2032)
Chapter 2: Detailed analysis of 1-Methoxy-2-Propanol(PM) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2021-2026)
Chapter 3: Provides the analysis of various 1-Methoxy-2-Propanol(PM) market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2021-2032)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2021-2032)
Chapter 5: Sales, revenue of 1-Methoxy-2-Propanol(PM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2021-2032)
Chapter 6: Sales, revenue of 1-Methoxy-2-Propanol(PM) in country level. It provides sigmate data by Type, and by Application for each country/region.(2021-2032)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2021-2026)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth 1-Methoxy-2-Propanol(PM) competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides 1-Methoxy-2-Propanol(PM) comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides 1-Methoxy-2-Propanol(PM) market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global 1-Methoxy-2-Propanol(PM) Sales Market Report, Competitive Analysis and Regional Opportunities 2026-2032
Global 1-Methoxy-2-Propanol(PM) Market Research Report 2026
Global 1-Methoxy-2-Propanol(PM) Market Outlook, In‑Depth Analysis & Forecast to 2032
1-Methoxy-2-Propanol (PM)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
Global 1-Methoxy-2-Propanol (PM) Market Research Report 2026
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