2-Methoxypropanol Market Size, Production, Sales, Average Product Price, Market Share, Import vs Export

2-Methoxypropanol Market Growth Trajectory Accelerates Across Key Sectors 

The 2-Methoxypropanol Market is witnessing robust expansion, driven by surging demand across multiple high-growth industries. With a projected compound annual growth rate (CAGR) of over 5.5% between 2024 and 2030, the market is transitioning from niche chemical utility to a strategic raw material in sectors such as automotive coatings, electronics, and pharmaceuticals. 

For instance, in 2023, the 2-Methoxypropanol Market Size stood at approximately $240 million globally. With technological innovation and stricter regulatory compliance pushing industries toward safer, eco-conscious solvents, this figure is expected to exceed $420 million by the end of the decade. This sharp upward momentum underscores the compound’s growing relevance in global manufacturing and clean chemical synthesis. 

 Industrial Coatings Sector Drives Core Demand in 2-Methoxypropanol Market 

One of the primary engines propelling the 2-Methoxypropanol Market forward is the explosive demand in the coatings and paints sector. Used extensively as a solvent due to its superior evaporation rate, low toxicity, and compatibility with a wide range of resins, 2-Methoxypropanol is instrumental in both automotive and industrial coatings applications. 

For example, the global automotive refinish coatings industry alone is growing at over 4.8% annually. As vehicle sales surge in emerging markets and electric vehicles gain traction in developed regions, demand for high-performance coatings has increased exponentially. 2-Methoxypropanol plays a key role here by enhancing adhesion, reducing drying times, and improving finish quality — making it indispensable to modern coatings formulations. 

 Electronics & Semiconductors Reshape 2-Methoxypropanol Market Potential 

The 2-Methoxypropanol Market is also being redefined by escalating requirements in the semiconductor and electronics industries. The compound is crucial in precision cleaning and photoresist stripping in chip fabrication processes. For instance, the global semiconductor market surpassed $600 billion in 2023 and is expected to cross $1 trillion before 2030. This explosive growth has cascading effects on the demand for high-purity solvents like 2-Methoxypropanol. 

Moreover, advanced printed circuit board (PCB) manufacturing in countries such as South Korea, Taiwan, and Japan heavily relies on solvents that ensure low residue and superior compatibility with sensitive electronics components. 2-Methoxypropanol, due to its exceptional solvency properties, has increasingly replaced harsher alternatives like NMP and toluene in this context. 

 Pharmaceutical Sector Expands its Reliance on 2-Methoxypropanol Market 

A parallel growth vector in the 2-Methoxypropanol Market lies in the pharmaceutical industry, where it is used as a reaction medium and intermediate in drug synthesis. With the global pharmaceutical market growing at over 6% annually — and a heightened focus on small-molecule APIs, oncology, and antiviral drugs — the demand for versatile, low-toxicity solvents continues to escalate. 

For instance, generic drug manufacturing in India, biologics research in the U.S., and expanding contract research operations in Europe have collectively driven up the use of solvents that meet both GMP standards and environmental safety profiles. 2-Methoxypropanol’s favorable toxicology and biodegradability make it a preferred choice for sustainable pharmaceutical formulation. 

 Eco-Friendly Solvents Gaining Share in 2-Methoxypropanol Market 

A significant trend shaping the 2-Methoxypropanol Market is the global shift toward green chemistry. Regulatory agencies, including the EU’s REACH and the U.S. EPA, are placing stricter restrictions on volatile organic compounds (VOCs) and toxic solvents. As a result, industries are transitioning toward biodegradable and less hazardous alternatives — a niche where 2-Methoxypropanol fits perfectly. 

For example, solvent systems used in printing inks, adhesives, and degreasing agents are being reformulated to reduce environmental impact. 2-Methoxypropanol, with its high solubility and low environmental persistence, is increasingly becoming the solvent of choice for formulators aiming to meet sustainability targets without compromising performance. 

 Chemical Manufacturing Expands Use of 2-Methoxypropanol as Intermediate 

Beyond its solvent applications, the 2-Methoxypropanol Market is being bolstered by its growing use as a chemical intermediate. It plays a pivotal role in the synthesis of esters, ethers, and specialty chemicals used in agricultural, cosmetic, and polymer applications. 

For example, global demand for high-performance polymers and specialty esters — which often use 2-Methoxypropanol as a building block — has seen double-digit growth in recent years. With increased investment in downstream specialty chemical plants, particularly in Asia and the Middle East, this trend is expected to accelerate. 

 Asia-Pacific Leads Regional Growth in 2-Methoxypropanol Market 

From a geographical perspective, the Asia-Pacific region dominates the global 2-Methoxypropanol Market in terms of volume and growth rate. China alone accounts for over 35% of global production, fueled by its vast electronics manufacturing base and expanding automotive sector. Meanwhile, India’s aggressive pharmaceutical exports and domestic construction boom are contributing to rapidly rising domestic consumption. 

Countries like South Korea and Japan are also leveraging their technological edge to expand usage of 2-Methoxypropanol in electronics and precision manufacturing. With increasing foreign direct investments and supportive government policies across the region, Asia-Pacific is expected to continue outpacing other regions in both consumption and production capacity. 

 North America and Europe Focus on Regulatory Compliance and Green Alternatives 

In contrast, growth in the 2-Methoxypropanol Market across North America and Europe is being driven less by scale and more by innovation and regulation. The United States remains a key market due to its large-scale pharmaceutical production and high-end electronics manufacturing. 

European countries such as Germany, France, and the Netherlands are witnessing renewed interest in 2-Methoxypropanol due to its compliance with green chemistry protocols. Stricter REACH regulations and growing consumer pressure for sustainable products are compelling manufacturers to replace legacy solvents with eco-friendly options — a trend that directly supports the expansion of the 2-Methoxypropanol Market in the region. 

 Rising Construction and Automotive Activity Fuel Downstream Demand 

The downstream industries contributing to 2-Methoxypropanol Market Size are also expanding. For instance, global construction output is expected to grow by over $4.5 trillion by 2030. This upswing directly feeds the demand for coatings, adhesives, and sealants — each of which relies on 2-Methoxypropanol as a key solvent for uniform application and optimal curing performance. 

Similarly, the global automotive sector is forecast to produce more than 100 million vehicles annually by 2028. From OEM coatings to aftermarket refinishing and parts cleaning, 2-Methoxypropanol has a vital role in delivering cleaner, safer, and high-quality finishes in automotive manufacturing. 

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Asia-Pacific Commands a Dominant Share in 2-Methoxypropanol Market 

The Asia-Pacific region remains the undisputed leader in the 2-Methoxypropanol Market, accounting for more than 40% of the global demand. This growth is strongly tied to expanding industrial capacity, urbanization, and surging investments in electronics manufacturing and construction infrastructure. 

For instance, China’s robust electronics manufacturing sector continues to consume large volumes of 2-Methoxypropanol in semiconductor processing, while the construction boom has catalyzed demand in coatings and paints. India, with its growing pharmaceutical export capacity and expanding automotive sector, is also emerging as a strong consumer. South Korea’s semiconductor industry, which accounts for a significant portion of its GDP, consistently requires high-purity solvents such as 2-Methoxypropanol. 

Southeast Asian nations are catching up, driven by growing investments in industrial clusters, consumer electronics, and local drug formulation. Thailand and Vietnam, for example, have become preferred destinations for contract manufacturing, thus boosting regional demand for industrial solvents. 

 North America Sustains Demand Through High-End Manufacturing 

The 2-Methoxypropanol Market in North America benefits from mature, technology-driven industries. The United States, in particular, sustains consistent demand due to its advanced pharmaceutical manufacturing and growing domestic semiconductor production. 

A key factor behind North America’s position in the 2-Methoxypropanol Market is its leadership in drug innovation and chemical synthesis. The increasing complexity of drug molecules has elevated the need for cleaner, more compatible solvents. Similarly, the shift toward localized chip manufacturing—spurred by government-backed initiatives—is ensuring steady consumption in precision cleaning applications. 

Canada adds to the regional market share, primarily through demand in paints, coatings, and environmental product reformulations. As green chemistry initiatives gain momentum, 2-Methoxypropanol is being adopted in place of more toxic solvent systems. 

 Europe Prioritizes Green Chemistry in 2-Methoxypropanol Market Expansion 

Europe’s contribution to the 2-Methoxypropanol Market is marked by its strategic push for sustainability. Countries like Germany, France, and the Netherlands are integrating 2-Methoxypropanol into environmentally optimized formulations, particularly in the coatings and pharmaceutical sectors. 

Germany remains the region’s production and demand hub, with its well-established chemical manufacturing infrastructure. The country’s industrial coatings sector—especially in automotive applications—continues to rely heavily on 2-Methoxypropanol for superior finish, adhesion, and drying characteristics. 

France and the UK are incorporating the solvent in green pharmaceutical manufacturing, especially in formulations requiring low-VOC content. Furthermore, the EU’s regulatory frameworks have stimulated investments into eco-friendly alternatives, in which 2-Methoxypropanol plays a pivotal role due to its low toxicity and high biodegradability. 

 Latin America and Middle East Emerging as Strategic Growth Corridors 

Although still in their nascent phase, Latin America and the Middle East & Africa are showing signs of becoming critical components in the global 2-Methoxypropanol Market. Brazil and Mexico are leading the charge in Latin America, driven by automotive coatings, infrastructure coatings, and expanding chemical industries. 

In the Middle East, countries like Saudi Arabia and the UAE are investing in diversifying their economies, with a clear tilt toward chemical manufacturing and pharmaceutical production. As these sectors evolve, the demand for reliable, safe, and performance-oriented solvents such as 2-Methoxypropanol is expected to surge. 

Africa’s demand remains limited but is projected to rise with the development of manufacturing zones and pharmaceutical production hubs in countries like South Africa and Egypt. 

 Global Production Landscape in 2-Methoxypropanol Market 

From a supply standpoint, global 2-Methoxypropanol production is highly concentrated in regions with strong chemical industry ecosystems. Asia-Pacific is the largest producer, led by China and South Korea, followed by North America and Europe. These regions not only meet domestic demand but also serve export markets globally. 

In China, production is backed by vertically integrated chemical complexes that leverage local feedstock advantages and scale efficiencies. South Korea and Japan focus more on ultra-high-purity grades for electronic and pharmaceutical applications. 

In the U.S., production is centered around the Gulf Coast, leveraging access to petrochemical intermediates. Meanwhile, Germany remains Europe’s production nucleus, serving both EU and non-EU countries. 

Recent investments in production technologies, such as catalytic processing and closed-loop systems, are improving yield and minimizing environmental footprint. This aligns with the global push toward sustainable chemical production. 

 Segmentation by Application Highlights Diversified Use-Cases 

The 2-Methoxypropanol Market is segmented by application into solvents, chemical intermediates, and cleaning agents, with solvents representing the largest share. 

As a solvent, 2-Methoxypropanol finds primary use in paints, coatings, adhesives, and inks. It enhances flow characteristics, improves finish quality, and enables faster drying. Its compatibility with various resins has made it indispensable in automotive and industrial coatings. 

In pharmaceuticals, 2-Methoxypropanol functions as both a reaction medium and intermediate. Its low toxicity and efficient solubilizing ability make it suitable for API synthesis, sterile formulation, and extraction processes. 

As a cleaning agent, it is gaining traction in semiconductor fabrication and precision electronics cleaning. It is used to remove photoresist residues, flux, and other contaminants without leaving behind residues or damaging sensitive components. 

Other emerging applications include its use in the synthesis of specialty esters and surfactants, especially in agrochemical formulations and personal care. 

 End-Use Industry Segmentation in 2-Methoxypropanol Market 

By end-use, the 2-Methoxypropanol Market is segmented into paints & coatings, pharmaceuticals, electronics & semiconductors, automotive, and chemical manufacturing. 

Paints & coatings dominate the market, accounting for over 30% of total consumption. Rising construction activity, especially in emerging markets, and increasing automotive production are primary demand drivers. For instance, architectural coatings using 2-Methoxypropanol are gaining preference due to enhanced coverage and lower VOC emissions. 

The pharmaceutical industry follows closely, especially in Europe, North America, and India. As new drug pipelines focus on small molecules and complex generics, the requirement for compatible solvents like 2-Methoxypropanol is increasing. 

Electronics & semiconductors form the fastest-growing segment. As global demand for chips, sensors, and PCBs increases, so does the need for ultra-clean solvents that enable safe and efficient manufacturing. 

The automotive sector contributes both directly—through use in coatings and adhesives—and indirectly, through electronics integration and lightweight component fabrication. 

 2-Methoxypropanol Price Trend Reflects Feedstock and Demand Dynamics 

The global 2-Methoxypropanol Price Trend has seen moderate volatility over the past five years, influenced primarily by changes in raw material prices, particularly propylene oxide and methanol, and shifts in downstream demand. 

Between 2020 and 2022, 2-Methoxypropanol Price surged by more than 20% in key markets due to pandemic-related supply chain disruptions, feedstock shortages, and rising transportation costs. As global trade normalized, 2023 saw partial price stabilization, with average prices hovering between $2,600 and $3,100 per metric ton for industrial-grade product, depending on the region. 

For example, in Asia-Pacific, increased local production helped offset import costs, leading to a slight decrease in 2-Methoxypropanol Price. Meanwhile, in Europe, tighter regulations and energy costs kept prices elevated. 

The current 2-Methoxypropanol Price Trend points toward cautious stability. However, as green solvents gain market share and demand from electronics grows, upward pressure is likely unless offset by technological innovations or raw material diversification. 

 Future Outlook for 2-Methoxypropanol Price and Production Economics 

Looking ahead, the 2-Methoxypropanol Price Trend will be shaped by three major forces: feedstock volatility, technological improvements in production, and shifts in environmental regulations. 

For instance, if crude oil prices continue to fluctuate due to geopolitical instability, input costs for methanol and propylene derivatives may rise, impacting 2-Methoxypropanol Price. On the other hand, adoption of bio-based feedstocks and catalytic production pathways could help stabilize or even reduce prices. 

Producers who invest in backward integration and energy-efficient operations will be better positioned to maintain profitability and price competitiveness. In contrast, manufacturers dependent on imported feedstocks may face higher cost volatility. 

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Global Leaders Dominating the 2-Methoxypropanol Market 

The 2-Methoxypropanol Market is currently led by a concentrated group of multinational chemical corporations with extensive production capabilities, advanced research infrastructure, and diversified product portfolios. These companies not only control the bulk of global production capacity but also influence pricing strategies, product quality benchmarks, and innovation cycles. 

The top five manufacturers account for over 65% of the global 2-Methoxypropanol Market share. These key players include Dow Chemical Company, BASF SE, LyondellBasell Industries, Eastman Chemical Company, and Shell Chemicals. Each of these firms leverages integration into broader solvent production networks, enabling scale and supply chain stability that smaller competitors struggle to match. 

 Dow Chemical: A Pivotal Force in 2-Methoxypropanol Production 

Dow Chemical holds a significant share in the 2-Methoxypropanol Market, thanks to its expansive global manufacturing footprint and investment in high-purity solvent production. Its Glycol Ethers product line includes various grades of propylene glycol ethers, including 2-Methoxypropanol under the Dowanol PM trade name. 

Dowanol PM is marketed as a high-performance solvent with broad applicability in coatings, inks, cleaning agents, and electronic materials. Dow’s ability to serve both bulk industrial needs and high-purity niche requirements positions it as a preferred supplier for many multinational end-users. Dow also benefits from backward integration into key feedstocks like propylene oxide, which ensures pricing leverage and reliable availability. 

 BASF SE: Engineering Custom Solutions for the 2-Methoxypropanol Market 

BASF SE commands a strong position in the European and global 2-Methoxypropanol Market through its solvents division. Its 2-Methoxypropanol is integrated into the Solvenon product line, which includes a suite of glycol ether solvents tailored for high-performance applications. 

Solvenon PM is targeted at coatings, pharmaceuticals, and electronics sectors. BASF’s strengths lie in its ability to offer technical support, customized formulations, and regulatory-compliant solutions to clients in highly controlled industries. The company’s global production bases in Germany, China, and the United States provide geographic flexibility and mitigate regional risks, enabling it to secure long-term contracts with top-tier buyers. 

 LyondellBasell Industries: Supply Chain Reliability and Scale 

LyondellBasell has carved out a prominent share in the 2-Methoxypropanol Market by focusing on large-volume manufacturing, particularly in North America and Europe. The company markets its 2-Methoxypropanol product under the E-Series Glycol Ethers portfolio. Its operations are particularly strong in the coatings and chemical formulation industries, where high throughput and reliability of supply are key selection criteria. 

LyondellBasell’s strategy includes vertical integration, optimized logistics, and strong supplier partnerships, allowing it to maintain cost efficiency and stable pricing structures. It also serves private-label chemical suppliers and regional distributors under long-term bulk contracts, which helps stabilize its market share. 

 Eastman Chemical Company: Specialty Focus and High-Purity Grades 

Eastman Chemical maintains a strategic role in the 2-Methoxypropanol Market, primarily targeting specialty and high-purity end uses. Its EM solvent product family includes 2-Methoxypropanol variants designed for electronics, agrochemical, and pharmaceutical applications. 

What differentiates Eastman is its dedication to high-performance solvent systems that meet strict purity, reactivity, and safety standards. This has made the company a favored supplier for clients with sensitive formulation requirements, particularly in drug development and semiconductor fabrication. Eastman’s ability to deliver batch-specific customization also enhances its value proposition in high-margin markets. 

 Shell Chemicals: Feedstock Efficiency and Global Distribution 

Shell’s presence in the 2-Methoxypropanol Market is supported by its access to upstream feedstock streams and its extensive global distribution network. While not as dominant in terms of volume as Dow or BASF, Shell plays a crucial role in regional markets where its supply hubs are located, including Southeast Asia and the Middle East. 

Shell’s 2-Methoxypropanol offerings are typically incorporated into multi-purpose solvent lines that serve paint formulations, printing inks, and coatings manufacturers. Its logistical strength allows it to supply smaller volume buyers across emerging markets, giving it reach into territories underserved by other global players. 

 Regional Manufacturers and Niche Suppliers 

In addition to global corporations, several regional and mid-sized companies are active participants in the 2-Methoxypropanol Market. These include companies like KH Neochem (Japan), Jiangsu Hualun (China), and India Glycols Ltd (India). These players typically focus on domestic or regional markets and offer either commodity-grade or specialized solvents depending on their target segment. 

KH Neochem, for example, has been expanding its share in the electronics solvents space by supplying high-purity glycol ethers for the Japanese semiconductor industry. Similarly, Jiangsu Hualun has ramped up production capacities in response to increased demand from local coatings and pharmaceuticals manufacturers. 

While these players do not currently rival global majors in market share, they are gaining traction by serving niche demands with agility and price competitiveness. 

 Market Share Breakdown by Manufacturer 

Based on recent volume estimates, the approximate 2-Methoxypropanol Market share by leading manufacturers is as follows: 

• Dow Chemical Company: 18% 

• BASF SE: 15% 

• LyondellBasell Industries: 13% 

• Eastman Chemical Company: 9% 

• Shell Chemicals: 7% 

• Regional & Niche Manufacturers (combined): 38% 

This distribution reflects both the dominance of integrated multinational firms and the importance of regional suppliers in fragmented, emerging markets. 

 Recent Developments in the 2-Methoxypropanol Market 

In early 2024, BASF announced the expansion of its glycol ethers plant in Ludwigshafen, Germany, aimed at increasing capacity by 15% to serve growing demand from European automotive and electronics customers. This move reflects rising solvent demand in compliance-driven sectors seeking low-VOC alternatives. 

Dow, in Q4 2023, entered into a strategic partnership with a Southeast Asian electronics conglomerate to supply high-purity 2-Methoxypropanol for microchip fabrication processes. The collaboration is designed to secure long-term supply amid regional capacity constraints. 

In February 2024, LyondellBasell began trial runs of a new production unit in Texas focused on enhancing efficiency in glycol ether manufacturing. The new unit aims to reduce carbon emissions per ton of output by 10%, aligning with the company’s sustainability targets. 

Eastman Chemical introduced an upgraded solvent purification technology in January 2024 that allows for better control over moisture and residue content in pharmaceutical-grade 2-Methoxypropanol. This innovation is aimed at attracting clients in the injectable drug segment. 

Shell, in March 2024, completed a logistics integration initiative in the UAE, enabling more efficient regional delivery of its solvents, including 2-Methoxypropanol. The project improves its service to North African and Indian Ocean markets, where demand has risen sharply. 

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Market Scenario, Demand vs Supply, Average Product Price, Import vs Export, till 2035

• Global 2-Methoxypropanol Market revenue and demand by region
• Global 2-Methoxypropanol Market production and sales volume
• United States 2-Methoxypropanol Market revenue size and demand by country
• Europe 2-Methoxypropanol Market revenue size and demand by country
• Asia Pacific 2-Methoxypropanol Market revenue size and demand by country
• Middle East & Africa 2-Methoxypropanol Market revenue size and demand by country
• Latin America 2-Methoxypropanol Market revenue size and demand by
• Import-export scenario – United States, Europe, APAC, Latin America, Middle East & Africa
• Average product price – United States, Europe, APAC, Latin America, Middle East & Africa
• Market player analysis, competitive scenario, market share analysis
• Business opportunity analysis

Key questions answered in the Global 2-Methoxypropanol Market Analysis Report:

• What is the market size for 2-Methoxypropanol in United States, Europe, APAC, Middle East & Africa, Latin America?
• What is the yearly sales volume of 2-Methoxypropanol and how is the demand rising?
• Who are the top market players by market share, in each product segment?
• Which is the fastest growing business/ product segment?
• What should be the business strategies and Go to Market strategies?

The report covers 2-Methoxypropanol Market revenue, Production, Sales volume, by regions, (further split into countries): 

• Asia Pacific (China, Japan, South Korea, India, Indonesia, Vietnam, Rest of APAC)
• Europe (UK, Germany, France, Italy, Spain, Benelux, Poland, Rest of Europe)
• North America (United States, Canada, Mexico)
• Latin America (Brazil, Argentina, Rest of Latin America)
• Middle East & Africa

Table of Contents:

2-Methoxypropanol Market

1. Introduction to the 2-Methoxypropanol Market
   • Overview of 2-Methoxypropanol Industry
   • Market Evolution and Development Trends
   • Key Applications and Market Relevance
2. Segmentation of the 2-Methoxypropanol Market
   • Classification by Purity and Composition
   • Major Industrial and Commercial Applications
   • End-User Industries and Demand Distribution
3. Global 2-Methoxypropanol Market Size and Forecast (2020-2035)
   • Market Valuation and Growth Projections
   • Production Volume and Consumption Trends
   • Factors Influencing Market Expansion
4. Regional Dynamics of the 2-Methoxypropanol Market
   • North America: Market Demand and Production Trends
   • Europe: Trade, Import-Export, and Consumption Analysis
   • Asia-Pacific: Growth Potential and Leading Producers
   • Latin America: Market Entry Strategies and Investment Scope
   • Middle East & Africa: Industry Expansion and Demand Outlook
5. 2-Methoxypropanol Production Analysis
   • Global Production Capacities and Leading Suppliers
   • Cost Structure and Efficiency of Production Processes
   • Emerging Manufacturing Technologies
6. Competitive Landscape and Key Players
   • Global 2-Methoxypropanol Manufacturers and Market Share
   • Revenue Comparison and Strategic Developments
   • Innovation and Product Differentiation Strategies
7. Raw Material Supply and Procurement Analysis
   • Essential Raw Materials for 2-Methoxypropanol Production
   • Key Suppliers and Pricing Trends
   • Impact of Supply Chain Disruptions
8. 2-Methoxypropanol Market Demand and Usage Patterns
   • Industry-Wise Consumption Breakdown
   • Emerging Applications and New Market Opportunities
   • Demand Forecast Across Various Sectors
9. Pricing Trends and Revenue Insights
   • Historical and Future Price Fluctuations
   • Revenue Streams and Profitability Factors
   • Market Influences on Price Trends
10. Regulatory Policies and Compliance Standards

• Environmental and Safety Regulations Affecting 2-Methoxypropanol
• Industry Compliance Requirements
• Impact of Government Policies on Market Growth

1. Technological Advancements in 2-Methoxypropanol Production

• Innovations in Synthesis and Processing Techniques
• Sustainable and Eco-Friendly Production Methods
• Future Research & Development Trends

1. Investment and Business Growth Opportunities

• Market Expansion Potential in Emerging Regions
• Strategic Business Models for Market Players
• Mergers, Acquisitions, and Strategic Partnerships

1. Market Risks and Challenges

• Supply Chain Constraints and Market Disruptions
• Competitive Challenges and Industry Threats
• Risk Management and Future-Proofing Strategies

1. Future Outlook and Long-Term Market Forecast (2025-2035)

• Market Growth Drivers and Future Innovations
• Evolving Industry Trends and Strategic Shifts
• Recommendations for Key Stakeholders

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