What is the size of the Triethylene Glycol Monomethyl Ether market?
Triethylene Glycol Monomethyl Ether Market 2023 : Triethylene glycol monomethyl ether is a chemical used in organic synthesis. As a solvent and diluent for printing ink, industrial cleaning agent, coatings (nitrocellulose paint, varnish, enamel), copper clad laminate, printing and dyeing, etc.; can be used for the production of pesticide intermediates, pharmaceutical intermediates and synthetic brake fluids and other chemical products raw materials; as electrolytes for electrolytic capacitors, leather and chemical fiber dyes, etc. Used as textile auxiliaries, synthetic liquid dyes, and raw materials for desulfurizers in fertilizer and oil refining production.
The global Triethylene Glycol Monomethyl Ether market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2023 and 2028.
North American market for Triethylene Glycol Monomethyl Ether is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
Asia-Pacific market for Triethylene Glycol Monomethyl Ether is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.
The major global companies of Triethylene Glycol Monomethyl Ether include Dow, KH Neochem, Solventis, Monument Chemical, Advance Petrochemicals, Jiangsu Yida Chemical and Jiangsu Dynamic Chemical, etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
The global market for Triethylene Glycol Monomethyl Ether in Industrial Cleaning Agent is estimated to increase from $ million in 2022 to $ million by 2028, at a CAGR of % during the forecast period of 2022 through 2028.
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, Industrial Grade, which accounted for % of the global market of Triethylene Glycol Monomethyl Ether in 2021, is expected to reach million US$ by 2028, growing at a revised CAGR of % from 2022 to 2028.
Top Key Players:
- KH Neochem
- Monument Chemical
- Advance Petrochemicals
- Jiangsu Yida Chemical
- Jiangsu Dynamic Chemical
Triethylene Glycol Monomethyl Ether Market By Applications
- Industrial Cleaning Agent
Triethylene Glycol Monomethyl Ether Market By Types
- Industrial Grade
- Pharmaceutical Grade
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