dipropylene glycol monomethyl ether Pricing Assessment

Markets Covered:

China

India

Vietnam

Dipropylene Glycol Monomethyl Ether Price Trend, Analysis and Forecast

As of August 2024, the price of Dipropylene glycol monomethyl ether (DPGME) is hovering around $1,950 per metric ton in the APAC region, showing a 5 % decrease from the previous month. This price surge is attributed to supply disruptions in China and India, which have been exacerbated by plant maintenance schedules and logistics challenges in key production hubs. DPGME, primarily used in paints, coatings, and cleaning products, has faced tighter supply as demand from the industrial and consumer goods sectors grows. The ongoing recovery in the automotive and construction sectors in China has further amplified the demand for solvent-based products like DPGME.

In Q1 and Q2 of 2024, the DPGME market faced additional challenges, with severe flooding in southern China and labor strikes in India leading to production slowdowns. This resulted in a drop in output, leading to tight inventory levels across the region. The Indian market, in particular, experienced supply chain disruptions as key manufacturing plants in Gujarat and Maharashtra struggled with raw material shortages. In contrast, Vietnam has become a growing hub for DPGME production, with new plants coming online in 2024, contributing to an increase in regional supply.

Looking ahead to Q3 and Q4 2024, demand for DPGME is expected to rise further, particularly in the coating and cleaning industries. In China, the construction sector’s growth is projected to increase DPGME consumption by 5% year-on-year. Similarly, in India, expanding industrial activities in the automotive and textile sectors are likely to further strain supply. Meanwhile, Vietnam’s growing production capacity is expected to ease some of the supply challenges in the region, though it may not be enough to offset the overall demand surge.

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is your trusted resource for tracking global dipropylene glycol monomethyl ether price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the dipropylene glycol monomethyl ether market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence dipropylene glycol monomethyl ether prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely dipropylene glycol monomethyl ether market data.

Track 's dipropylene glycol monomethyl ether price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in dipropylene glycol monomethyl ether prices

China-U.S. Trade War (2018-2019): Tariffs on Chinese chemicals led to price hikes and supply chain disruptions.
COVID-19 Pandemic (2020): The global lockdowns led to sharp declines in DPGME demand, followed by a significant rebound as manufacturing resumed.
China’s Environmental Regulations (2017-2019): Stricter environmental laws led to factory shutdowns, reducing DPGME production and driving up prices.
Vietnam’s Industrial Growth (2015-Present): As Vietnam expanded its industrial base, it became an important production hub, stabilizing the regional market to some extent.
Indian Oil Price Volatility (2010s): The fluctuation of oil prices impacted the cost of DPGME production, leading to price swings.

These factors demonstrate the sensitivity of the DPGME market to regional and global disruptions, underlining the importance of monitoring local production and economic activities to forecast future price trends.

Methodology and Specifications

dipropylene glycol monomethyl ether Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing information from a broad range of sources, including global commodity exchanges, industry reports, and proprietary databases. This data reflects the latest market conditions for DPMME, ensuring that our assessments are always up to date.

On-the-Ground Intelligence: We collect insights directly from key market participants, such as producers, suppliers, traders, and end-users across major DPMME production regions. These first-hand accounts are crucial for capturing localized market nuances.

Supply Chain Monitoring: Our team tracks the entire DPMME supply chain—from feedstock availability (e.g., propylene glycol, methanol) to production, distribution, and transportation. This monitoring helps us capture potential price volatility driven by upstream and downstream shifts.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical events, such as trade disputes, conflicts, or sanctions, which can impact DPMME prices. Our analysis assesses how disruptions in the global supply chain, including changes in the availability of feedstocks or trade barriers, influence pricing.

Natural Disasters and Climate Events: We assess how natural events, such as hurricanes, floods, or droughts, impact DPMME production facilities, especially in key regions like North America and Asia. These disruptions are considered when forecasting price trends and supply outlooks.

Economic Shifts: evaluates macroeconomic indicators, such as inflation rates, industrial production, and consumer demand in key sectors (e.g., automotive, coatings, cosmetics, and cleaning products). These trends help us predict fluctuations in DPMME demand and price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: maintains a comprehensive database of global DPMME production facilities, tracking their operational status, maintenance schedules, and capacity utilization. This allows us to provide accurate assessments of current supply availability.

Future Capacity Projections: Our research includes detailed forecasts on the future production capacities of DPMME plants, considering new developments, expansions, or technological upgrades. By analysing these trends, we predict how the supply side will evolve, influencing future pricing stability or volatility.

Demand Forecasting

Sectoral Demand Analysis: We track demand trends across critical sectors that use DPMME, such as coatings, cleaning products, automotive, and cosmetics. This analysis helps forecast growth patterns and potential shifts in consumption based on economic and industry-specific changes.

Global Demand Dynamics: evaluates how demand for DPMME varies across different regions, considering factors like regional economic growth, manufacturing trends, and regulatory policies. This analysis is crucial for understanding how shifts in regional demand impact global pricing.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric and statistical models to forecast DPMME prices, integrating real-time data, historical trends, and market projections. Our pricing models are continuously refined to provide high accuracy in predicting price movements.

Scenario Analysis: We apply scenario-based analyses, evaluating best-case, worst-case, and most likely market conditions for DPMME prices. This allows us to provide actionable insights for clients who need to prepare for a range of potential market outcomes.

Reporting and Client Support

Comprehensive Reports: Clients receive detailed, actionable reports that include current price assessments, short- and long-term price forecasts, and in-depth analysis of market drivers. These reports offer clear insights into pricing trends and help inform strategic business decisions.

Ongoing Support: provides continuous updates and personalized support. Our team is always available to discuss market developments and offer tailored advice, ensuring our clients have the latest information to stay ahead of the curve.

This research methodology ensures that delivers the most accurate, timely, and actionable Dipropylene glycol monomethyl ether pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

148.20

CAS No

34590-94-8

HS Code

29094900

Molecular Formula

(CH3O) C3H6OC3H6(OH)

dipropylene glycol monomethyl ether

Dipropylene Glycol Monomethyl Ether (DPM) is a versatile organic solvent that is commonly used in a variety of industrial applications. It is a member of the glycol ether family, a class of solvents known for their ability to dissolve both hydrophilic and lipophilic compounds. DPM is a clear, colourless, and relatively low-volatility liquid with mild odour, making it suitable for use in environments where low toxicity and pleasant handling properties are desired. It is commonly used as a solvent in a variety of applications, including coatings, cleaning products, adhesives, paints, and personal care products.

Packaging Type

Drum (200 kg Drum)

Grades Covered

Industrial Grade Purity ≥99.00%

Incoterms Used

FOB China, CIF India, CIF Vietnam, Ex-Mumbai.

Synonym

DPGME, 1-Methoxy-2-propanol, Propylene Glycol Monomethyl Ether

Quotation Terms:

10-15 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property

Specification

Appearance

Colourless transparent liquid

Colour, Pt-Co

20 max

Water %

0.10max

Distilling Range

180-195°C

Density g/ml

0.948-0.968 g/ml

Refractive Index (20°C)

1.4210 – 1.4230

Storage Temperature

+20°C

Shipping Temperature

Ambient

Applications

Dipropylene Glycol Monomethyl Ether (DPM) is commonly used as a solvent in a variety of applications, including coatings, cleaning products, adhesives, paints, and personal care products. It serves as an excellent solvent for resins, waxes, oils, and other substances, and is often found in degreasers, paints, and varnishes. Additionally, DPM is used in the manufacture of agricultural formulations, as well as in industrial cleaning solutions, due to its ability to dissolve both polar and non-polar materials.

Disclaimer

Dipropylene Glycol Monomethyl Ether price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for dipropylene glycol monomethyl ether. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors affect the price of Dipropylene Glycol Monomethyl Ether (DPM)? +

The price of DPM is mainly influenced by raw material costs (such as propylene oxide and methanol), energy prices, and demand from industries like cleaning products, paints, coatings, and personal care. Additionally, geopolitical factors, supply chain disruptions, and regulatory changes can impact pricing.

How does regional production impact DPM pricing? +

Local production of DPM helps stabilize prices by reducing transportation costs, whereas regions reliant on imports may experience higher prices due to shipping costs, tariffs, and potential supply chain challenges.

What is the latest trend in DPM pricing, and how can I secure better rates? +

DPM prices tend to fluctuate based on changes in raw material costs, energy prices, and demand from key industries. To secure better rates, consider bulk purchasing, long-term contracts, and exploring local suppliers to reduce transportation costs.

How does demand from the cleaning and coatings industries impact DPM prices? +

High demand from the cleaning, paint, and coatings industries can drive up DPM prices. Conversely, a decrease in demand from these industries may lead to price reductions.

What role do environmental regulations play in DPM pricing? +

Stricter environmental regulations, especially regarding VOC (Volatile Organic Compound) emissions, may increase manufacturing costs as companies comply with new standards, potentially raising DPM prices.

What are potential supply chain disruptions that could affect DPM pricing? +

Supply chain disruptions such as natural disasters, geopolitical tensions, transportation delays, and raw material shortages can lead to DPM shortages and result in price increases.

Is there any seasonal fluctuation in DPM pricing? +

DPM pricing may experience seasonal fluctuations depending on industry demand, such as during peak production seasons in automotive or construction. Additionally, maintenance shutdowns or disruptions in supply chains can cause temporary price spikes.

Can I expect price stability for DPM? +

Long-term price stability for DPM is difficult to predict due to market volatility. However, securing long-term contracts and keeping track of raw material and energy price trends can help mitigate some of the risks associated with price fluctuations.