Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
Dipropylene Glycol Monomethyl Ether Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A22559
Buy Now
Dipropylene Glycol Monomethyl Ether Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Dipropylene Glycol Monomethyl Ether | Petrochemicals | USA | 1635 USD/MT |
| Dipropylene Glycol Monomethyl Ether | Petrochemicals | China | 1505 USD/MT |
| Dipropylene Glycol Monomethyl Ether | Petrochemicals | Germany | 833 USD/MT |
The dipropylene glycol monomethyl ether prices across the United States for Q4 2023 reached 1635 USD/MT in December. In the final quarter of 2023, dipropylene glycol monomethyl ether rates in the United States fluctuated significantly. October saw a decline due to stable feedstock costs and weak construction demand. However, prices rose in November, fueled by growing requirement from the automotive and paint sectors and rising freight charges, which continued into December, driven by strong market dynamics despite logistical challenges.
The price trend for dipropylene glycol monomethyl ether in China for Q4 2023, reached 1505 USD/MT in December. China's DPGME market in Q4 2023 saw varied trends. October's prices dropped amid oversupply and weak construction demand, despite rising feedstock costs. November marked a turnaround with strong demand from the vehichle manufacturing sector, and December continued this upward trend due to increased demand from the paint as well as coatings industry and increased feedstock prices.
The price trend for dipropylene glycol monomethyl ether in Germany for Q4 2023, reached 833 USD/MT in December. In Q4 2023, DPGME prices in Germany exhibited mixed movements. A strong start in October was driven by robust international demand and high production prices. However, by December, a slowdown in lower demand in downstream markets and decreased production expenses resulted in a downturn. Economic challenges in Germany further pressured prices, reflecting a complex market scenario.
Dipropylene Glycol Monomethyl Ether Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Dipropylene Glycol Monomethyl Ether Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of dipropylene glycol monomethyl ether pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of dipropylene glycol monomethyl ether at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dipropylene glycol monomethyl ether price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing dipropylene glycol monomethyl ether price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Dipropylene Glycol Monomethyl Ether Market Analysis
The global dipropylene glycol monomethyl ether market size reached 94.9 Thousand Tonnes in 2023. By 2032, IMARC Group expects the market to reach 126.1 Thousand Tonnes, at a projected CAGR of 3.20% during 2023-2032.
Dipropylene glycol monomethyl ether is a popular solvent in many industries because of its favorable chemical characteristics, including low toxicity, high boiling point, and good solvency. These attributes make DPGME an important ingredient in the formulation of paints, coatings, and cleaning products, which, in turn, is contributing to the market growth. As per Akzo Nobel India's annual report, the Indian paints and coatings industry is likely to reach Rs 1 lakh crore in the next five years from the current Rs 62,000 crore. Due to the softening of raw material prices, the paint industry's margins are also expected to improve. In the paint and coatings industry, DPGME’s role is crucial due to its ability to dissolve both water-soluble and hydrophobic substances, further improving the properties of coatings through better flow and architecture, which is essential in obtaining a smooth finish. The architectural segment dominates the industry as it accounts for around 69% of the paint consumption on a volume basis. Additionally, the ability of DPGME to stabilize formulations in cleaning products enables the development of more effective and versatile cleansing agents that can operate under various conditions. The trend towards more ecological and less poisonous solvent alternatives in industrial and household applications is further supporting the market growth of DPGME. While industries are becoming increasingly more interested in less harmful solvents as compared to the traditional ones, DPGME’s profile as a safer and more sustainable alternative is marketable. These market drivers are in line with bigger environmental and health regulations that continue to shape the transition into sustainable industrial practices. Furthermore, DPGME complies with rigid environmental regulations, eliminating regulatory barriers. Compliance facilitates its adoption, especially in areas with tough environmental regulations. DPGME is not considered to be a hazard under the GHS – the Global Harmonized System – on classification and labelling.
Dipropylene Glycol Monomethyl Ether News
The report covers the latest developments, updates, and trends impacting the global dipropylene glycol monomethyl ether market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in dipropylene glycol monomethyl ether production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dipropylene glycol monomethyl ether price trend.
Latest developments in the dipropylene glycol monomethyl ether industry:
- In 2020, Manali Petrochemicals Ltd, a part of AM International Group, chalked out an expansion strategy for Propylene Glycol. They plan on raising their annual production capacity from 22,000 tons to 70,000 tons in two phases worth about Rs. 150 crores.
- In August 2021, Jiangsu Dynamic Chemical, a China-based company specializing in the research and production of ethylene oxide derivatives, struck a deal with Shell Catalysts & Technologies. Under this pact, Shell will provide ethylene oxide catalyst to Jiangsu Dynamic Chemical. The expected outcome of this joint venture is that it will ensure higher profit for Jiangsu Dynamic Chemical that deals with the production of chemical new materials and fine chemicals.
Product Description
Dipropylene glycol monomethyl ether (DPGME) is a solvent that is favored due to its universal characteristics and extensive applications. Chemically considered to be part of the glycol ether family, DPGME is known for its excellent solubility and low toxicity, which makes it popular across various industrial and consumer products. DPGME is particularly appreciated for its effect upon flow and levelling characteristics of some paint formulations, which promotes the final surface smoothness. Moreover, its stability and effectiveness in cleaning applications make it an essential ingredient of home and industrial cleaners. Apart from this, the Green profile and strict adherence of the product to the tough environmental standards add strength to its use and market growth.
Regional Coverage
The report provides a detailed analysis of the dipropylene glycol monomethyl ether market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the dipropylene glycol monomethyl ether price trend.
Global Dipropylene Glycol Monomethyl Ether Price
The report offers a holistic view of the global dipropylene glycol monomethyl ether pricing trends in the form of dipropylene glycol monomethyl ether price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into dipropylene glycol monomethyl ether historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into dipropylene glycol monomethyl ether price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed dipropylene glycol monomethyl ether demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Dipropylene Glycol Monomethyl Ether Price
The European DPGME market in the fourth quarter of 2023 displayed fluctuating trends. October experienced a price surge due to strong international demand and the expanding electric car industry, which boosted the downstream propylene sector. In November, the market remained bullish with steady demand and high import costs, maintaining elevated prices. However, December saw a decline as demand weakened and production costs fell, largely influenced by reduced feedstock as well as crude oil rates. Economic slowdowns in major markets like Germany and France also contributed to this decline, reflecting a broader regional slowdown. The intricate balance of supply, market needs, and financial conditions shaped the market landscape, requiring careful navigation in the months ahead.
This analysis can be extended to include detailed dipropylene glycol monomethyl ether price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Dipropylene Glycol Monomethyl Ether Price
During the fourth quarter of 2023, the North American DPGME market exhibited varied trends. In October, prices dipped significantly in the USA due to stable feedstock costs and reduced construction demand on account of elevated borrowing costs. As inventory levels rose, this oversupply, coupled with low demand, placed downward pressure on prices. However, November brought a price rebound driven by strong demand from the vehicle manufacturing and coatings industries, coupled with logistical disruptions that impacted imports. Rising freight costs and heightened expenditure on home improvement projects also contributed to the price rise. December experienced further price rises, propelled by continued demand from the paint as well as finishes sector and enhanced construction activities, despite shipping challenges and port congestion. The market's dynamics were shaped by shifting demand in key sectors.
Specific dipropylene glycol monomethyl ether historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Dipropylene Glycol Monomethyl Ether Price
The report explores the dipropylene glycol monomethyl ether pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on dipropylene glycol monomethyl ether prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Dipropylene Glycol Monomethyl Ether Price
In the Asia-Pacific region, DPGME prices showed a mixed pattern in the last quarter of 2023. October saw a drop caused by excess supply and weak demand in the building sector, even with an increase in raw material prices. This was exacerbated by excess stock levels and decreased land acquisitions by property developers. However, November showed market resilience, bolstered by strong demand from the automotive sector and increased overseas inquiries. Substantial imports helped maintain inventory levels, while price trends were influenced by global feedstock dynamics. December witnessed a price rise, driven by higher feedstock costs and a robust paint and coatings sector, despite a challenging economic backdrop. Strong automotive demand further supported the upward trend, reflecting a complex interplay of supply, demand, and external factors.
This dipropylene glycol monomethyl ether price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Dipropylene Glycol Monomethyl Ether Price
The analysis of dipropylene glycol monomethyl ether prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Dipropylene Glycol Monomethyl Ether |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Dipropylene Glycol Monomethyl Ether Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of dipropylene glycol monomethyl ether pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting dipropylene glycol monomethyl ether price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The dipropylene glycol monomethyl ether price charts ensure our clients remain at the forefront of the industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Purchase options
For 2 Deliverables, Billed Annually
For 4 Deliverables, Billed Annually
For 12 Deliverables, Billed Annually
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More
IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.
Read More
I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested
Read More
Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.
Read More
The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.
Read More
I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you
Read More
The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.
Read More
One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.
Read More
We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.
Read More
The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.
Read More
The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.
Read More
The report is excellent and has good amount of data and our team is extremely happy with the information provided.
Read More
Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.
Read More