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PGME Prices in India | |
According to Indian Petrochem Market Analysis, the price of Propylene Glycol Monomethyl Ether (PGME), a key industrial solvent widely used in coatings, inks and cleaning formulations, has registered a significant increase in the Mumbai Chemicals Market. Prices have surged by Rs.4/kg, moving from Rs.121/kg on 31 July 2025 to Rs.125/kg as of 11 August 2025.According to IndianPetrochem sources, the increase is due to strong demand from downstream industries, especially the paints and coatings sector, which is witnessing a seasonal surge in orders. According to market participants, the increase in prices is due to strong demand from downstream industries, especially the paints and coatings sector, which is witnessing a seasonal surge in orders. Further, stable domestic supply conditions and continued inflow of imported inventories have kept availability in check, preventing any sharp fluctuations beyond the growth seen. Industry analysts say the global PGME market is poised for continued expansion, with estimates pegging it at a compound annual growth rate (CAGR) of 7.8% by 2034. The market, valued at US$980.6 million in 2024, is expected to see growing consumption across diverse sectors, including electronics manufacturing, industrial cleaning, and specialty chemicals, PGME Prices in India, Indian PGME Prices, Indian Prices PGME, IndianPetrochem. #PGMEpricesinIndia #IndianPGMEprices #IndianPricesPGME #IndianPetrochem | |
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| Target State: All States Target City : Delhi Last Update : 11 August 2025 5:11 PM Number of Views: 7 | Item Owner : IndianPetroChem Contact Email: Contact Phone: (None) |
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2025-08-12 (0.722 sec)