Top 10 Companies in the Southeast Asia Propylene Glycol Ether Market (2025): Regional Leaders Driving Chemical Industry Growth

In Business Insights
October 29, 2025

The Southeast Asia Propylene Glycol Ether Market was valued at USD 256.4 Million in 2024 and is projected to reach USD 412.7 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2024–2032). This growth is being driven by expanding construction activities, booming electronics manufacturing, and increasing adoption of low-VOC (Volatile Organic Compound) solvents across automotive, coatings, and personal care sectors.

As the chemical industry in Southeast Asia accelerates toward environmentally compliant formulations and sustainable solutions, the spotlight is on the key chemical manufacturers who are driving innovation, efficiency, and cleaner production pathways. In this blog, we profile the Top 10 Companies in the Southeast Asia Propylene Glycol Ether Market—a mix of global chemical giants and regional producers shaping the future of specialty solvents in the region.


🔟 1. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Propylene Glycol Methyl Ether (PM), Dipropylene Glycol Methyl Ether (DPM), and Sustainable Solvent Solutions

Dow Chemical Company maintains its leadership position in the Southeast Asia propylene glycol ether market, leveraging its extensive product portfolio and established distribution networks across Indonesia, Thailand, and Vietnam. The company’s advanced manufacturing facilities produce high-purity PGE variants essential for water-based coatings and electronic cleaning applications.

Sustainability Initiatives:

  • Developing bio-based PGE alternatives

  • Strategic partnerships with automotive coating manufacturers

  • Committed to circular economy principles and net-zero emissions targets

Download FREE Sample Report:
Southeast Asia Propylene Glycol Ether Market – View in Detailed Research Report


9️⃣ 2. LyondellBasell Industries

Headquarters: Houston, Texas, USA
Key Offering: P-series Glycol Ethers, High-Purity PM & DPM Grades

LyondellBasell operates one of Southeast Asia’s largest propylene glycol ether production facilities in Malaysia, serving the region’s growing demand for environmentally friendly solvents.

Sustainability Initiatives:

  • Producing circular and renewable PGE solutions

  • Targeting 100% renewable electricity for European and Asian operations by 2030


8️⃣ 3. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Propylene Glycol Ether PM, DPM, TPM Grades

BASF maintains a strong presence in Southeast Asia through its regional subsidiaries and joint ventures. The company’s technical expertise in glycol ether chemistry supports diverse applications across multiple industries.

Sustainability Initiatives:

  • Investing in bio-based PGE production technologies

  • Committed to carbon neutral growth through 2030


7️⃣ 4. Shell Chemicals

Headquarters: London, United Kingdom
Key Offering: Shell P-series Glycol Ethers, ECOSURE® PM Solvent

Shell Chemicals leverages its integrated petrochemical operations to produce high-quality propylene glycol ethers for Southeast Asian markets.

Sustainability Initiatives:

  • Developing sustainable solvent solutions for automotive and industrial applications


6️⃣ 5. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Propylene Glycol Ether PM, Eastman P-series Solvents

Eastman Chemical Company has strengthened its Southeast Asia presence through strategic partnerships and expanded production capabilities.

Sustainability Initiatives:

  • Expanding specialty solvent production capacity

  • Focus on low-VOC and environmentally compliant formulations

Download FREE Sample Report:
Southeast Asia Propylene Glycol Ether Market – View in Detailed Research Report


5️⃣ 6. India Glycols Limited

Headquarters: Noida, Uttar Pradesh, India
Key Offering: IGL PGE Portfolio, PM & DPM Industrial Grades

India Glycols Limited has emerged as a key regional supplier, leveraging its strategic location and competitive pricing to serve Southeast Asian markets effectively.

Sustainability Initiatives:

  • Producing bio-based glycol ethers from renewable feedstocks, positioning the company strategically in the growing sustainable solvents market.

    Sustainability Initiatives:

    • Strategic focus on renewable chemical production


    4️⃣ 7. Hannong Chemicals

    Headquarters: Seoul, South Korea
    Key Offering: HAN-PGE Series, High-Purity Solvents for Electronics

    Hannong Chemicals has established a significant foothold in the electronics cleaning segment.


    3️⃣ 8. Jiangsu Dynamic Chemical Co.

    Headquarters: Jiangsu, China
    Key Offering: DYNAMIC PGE Line, Industrial and Electronic Grade Solvents

    With a strong focus on the electronics and semiconductor industries, Jiangsu Dynamic Chemical supplies high-purity PGE formulations essential for precision cleaning applications.

    Sustainability Initiatives: