Polyethylene Glycol Trends and Forecast
The future of the global polyethylene glycol market looks promising with opportunities in the medical, construction & infrastructure, industrial, and personal care markets. The global polyethylene glycol market is expected to reach an estimated $7.2 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are increasing significance of a material's wear resistance, solubility in organic solvents, and non-toxicity, growing use of water-based coatings, paints, and inks in the construction and automotive industry, as well as, rising demand for skincare and cosmetic products among consumers.Polyethylene Glycol by Segment
The study includes a forecast for the global polyethylene glycol by grade, form, application, and region.Polyethylene Glycol Market by Grade [Shipment Analysis by Value from 2018 to 2030]
- PEG 200
- PEG 300
- PEG 400
- PEG 400 FCC Grade
- PEG 3350
- PEG 4000
- PEG 6000
Polyethylene Glycol Market by Form [Shipment Analysis by Value from 2018 to 2030]
- Opaque Liquid
- White Wax Solid
- Flake/Powder
Polyethylene Glycol Market by Application [Shipment Analysis by Value from 2018 to 2030]
- Medical
- Construction & Infrastructure
- Industrial
- Personal Care
- Others
Polyethylene Glycol Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Polyethylene Glycol Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyethylene glycol companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyethylene glycol companies profiled in this report include-- BASF
- The Dow Chemical
- Croda International
- INEOS Group
- India Glycols
- Liaoning Oxiranchem
- Jiangsu Haian Petroleum Chemical Factory
- Clariant
- Huntsman
- AkzoNobel
Polyethylene Glycol Market Insights
The publisher forecasts that opaque liquid will remain the largest segment over the forecast period due to significant use of polyethylene glycol as an excipient and releasing agent in the pharmaceutical sector for capsules.APAC will remain the largest region over the forecast period due to industrial growth of the pharmaceutical, automotive, and construction sectors in India and China.
Features of the Global Polyethylene Glycol Market
- Market Size Estimates: Polyethylene glycol market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Polyethylene glycol market size by grade, form, application, and region in terms of value ($B).
- Regional Analysis: Polyethylene glycol market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different grade, form, application, and regions for the polyethylene glycol market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyethylene glycol market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the polyethylene glycol market size?Answer: The global polyethylene glycol market is expected to reach an estimated $7.2 billion by 2030.
Q2. What is the growth forecast for polyethylene glycol market?
Answer: The global polyethylene glycol market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the polyethylene glycol market?
Answer: The major drivers for this market are increasing significance of a material's wear resistance, solubility in organic solvents, and non-toxicity, growing use of water-based coatings, paints, and inks in the construction and automotive industry, as well as, rising demand for skincare and cosmetic products among consumers.
Q4. What are the major segments for polyethylene glycol market?
Answer: The future of the global polyethylene glycol market looks promising with opportunities in the medical, construction & infrastructure, industrial, and personal care markets.
Q5. Who are the key polyethylene glycol market companies?
Answer: Some of the key polyethylene glycol companies are as follows:
- BASF
- The Dow Chemical
- Croda International
- INEOS Group
- India Glycols
- Liaoning Oxiranchem
- Jiangsu Haian Petroleum Chemical Factory
- Clariant
- Huntsman
- AkzoNobel
Answer: The publisher forecasts that opaque liquid will remain the largest segment over the forecast period due to significant use of polyethylene glycol as an excipient and releasing agent in the pharmaceutical sector for capsules.
Q7. In polyethylene glycol market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to industrial growth of the pharmaceutical, automotive, and construction sectors in India and China.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polyethylene glycol market by grade (PEG 200, PEG 300, PEG 400, PEG 400 FCC Grade, PEG 3350, PEG 4000, and PEG 6000), form (opaque liquid, white wax solid, and flake/powder), application (medical, construction & infrastructure, industrial, personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Polyethylene Glycol Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- BASF
- The Dow Chemical
- Croda International
- INEOS Group
- India Glycols
- Liaoning Oxiranchem
- Jiangsu Haian Petroleum Chemical Factory
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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