Propylene Glycol Methyl Ether Acetate - PGMEA Market Insights Video
According to Cognitive Market Research, the global Propylene Glycol Methyl Ether Acetate - PGMEA market size will be USD 986.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 394.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 295.98 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 226.92 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 49.33 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 19.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
In PGMEA, electronics has the largest market share in 2023.
