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:
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Developing bio-based PGE alternatives
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Strategic partnerships with automotive coating manufacturers
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Committed to circular economy principles and net-zero emissions targets
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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:
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Producing circular and renewable PGE solutions
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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:
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Investing in bio-based PGE production technologies
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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:
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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:
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Expanding specialty solvent production capacity
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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:
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Producing bio-based glycol ethers from renewable feedstocks, positioning the company strategically in the growing sustainable solvents market.
Sustainability Initiatives:
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Strategic focus on renewable chemical production
4️⃣ 7. Hannong Chemicals
Headquarters: Seoul, South Korea
Key Offering: HAN-PGE Series, High-Purity Solvents for ElectronicsHannong 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 SolventsWith a strong focus on the electronics and semiconductor industries, Jiangsu Dynamic Chemical supplies high-purity PGE formulations essential for precision cleaning applications.
Sustainability Initiatives:
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Expanding specialty chemical production to meet growing regional demand.
Sustainability Initiatives:
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Developing advanced solvent formulations for emerging technologies
2️⃣ 9. Jiangsu Yida Chemical
Headquarters: Jiangsu, China
Key Offering: YIDA PGE Range, PM, DPM, and TPM VariantsJiangsu Yida Chemical has positioned itself as a reliable supplier of propylene glycol ethers to various Southeast Asian industries.
1️⃣ 10. Sanyo Chemical Industries
Headquarters: Kyoto, Japan
Key Offering: Sanyo PGE Series, Industrial and Cosmetic Grade SolventsSanyo Chemical Industries maintains a strong position in the Southeast Asia market through consistent product quality and competitive pricing strategies.
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Southeast Asia Propylene Glycol Ether Market – View in Detailed Research Report
🌍 Outlook: The Future of Propylene Glycol Ether Is More Sustainable and Diversified
The Southeast Asia propylene glycol ether market is undergoing a strategic transformation. While traditional industrial solvents still dominate in volume, the industry is increasingly investing in bio-based alternatives, green chemistry technologies, and application-specific formulations.
📈 Key Trends Shaping the Market:
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Rapid adoption of water-based coatings in construction and automotive industries
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Regulatory push for reduced VOC emissions across the region
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Growing demand in electronics manufacturing and EV battery production
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Expansion of high-purity PGE production for semiconductor applications
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Southeast Asia Propylene Glycol Ether Market – View in Detailed Research ReportThe companies listed above are not only supplying essential chemical ingredients—they’re driving the sustainable transformation of regional manufacturing sectors.
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