PGME Prices in India (Business Opportunities - Advertising Service)

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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.5/kg, moving from Rs.119/kg on 5 August 2024 to Rs.124/kg as of 8 August 2024.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. Traders in the Mumbai market expect prices to remain elevated in the coming weeks due to sustained industrial demand and continued buying by end consumers. However, any significant increase in overseas supply or changes in the cost of feedstock derived from crude oil could impact pricing trends in the short term, 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 : 08 August 2025 2:59 PM
Number of Views: 16
Item  Owner  : IndianPetroChem
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2025-08-12 (0.472 sec)