Polyethylene Glycol Market is set to Fly High in Years to Come | BASF SE, Dow, Evonik Industries
HTF Market Intelligence Consulting Pvt Ltd
History Trends & Forecast
According to HTF MI Latest Report, “Global Polyethylene Glycol Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030”, the global Polyethylene Glycol market size is expected to reach USD 4.4 Billion in 2024, that the market will reach USD 7.4 Billion by 2030, at a growth rate (CAGR) of 6% over the period 2024-2030.
The Global Polyethylene Glycol Market report from HTF MI is the single authoritative source of intelligence on the Polyethylene Glycol Market. The report offers you an analysis of the impact of the recent market disruptions and a qualitative analysis of the market using different frameworks like Porters and PESTLE analysis. The report provides detailed segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of the key issues, trends and drivers, restraints and challenges, the competitive landscape, as well as recent events such as M&A activity in the market.
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Key and developing players who have been highlighted as part of the coverage includes BASF SE (Germany), Dow (United States), LyondellBasell (Netherlands), SABIC (Saudi Arabia), Clariant (Switzerland), Evonik Industries (Germany), Solvay (Belgium), LOTTE Chemical Corporation (South Korea), The Lubrizol Corporation (United States), AkzoNobel N.V. (Netherlands), Croda International Plc (United Kingdom), Clariant Corporation (United States), Arch Chemicals, Inc. (United States), Others.
What is the Polyethylene Glycol Market?
The Polyethylene Glycol (PEG) Market involves the production, distribution, and utilization of polyethylene glycol, a versatile compound derived from ethylene oxide polymerization. PEG finds applications across various industries, including pharmaceuticals, personal care, cosmetics, industrial manufacturing, and chemicals, owing to its properties such as solubility, lubricity, and biocompatibility.
Market Trends:
·???????? Growing demand for PEG in pharmaceutical formulations, drug delivery systems, and biomedical applications.
·???????? Adoption of PEG-based polymers in cosmetics and personal care products for moisturization and emulsification properties.
Market Drivers:
·???????? Increasing use of PEG as a solubilizing agent, excipient, and drug carrier in pharmaceutical formulations and drug delivery systems.
·???????? Growth in the global population and healthcare expenditure, driving demand for pharmaceuticals and medical devices incorporating PEG.
Market Opportunity:
·???????? Development of specialty PEG grades and derivatives tailored for specific applications, such as controlled-release drug delivery and tissue engineering.
·???????? Expansion into emerging markets with growing healthcare infrastructure and industrialization, driving demand for PEG-based products.
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Key Market Segmentation:
The report has categorized the Polyethylene Glycol market based on type, distribution channel and, region.
North America Polyethylene Glycol Market Breakdown by Application (Healthcare, Industrial, Cosmetics/Personal Care, Building and Construction, Others) by Grade (PEG 400, PEG 600, PEG 200, PEG 300, PEG 1000, PEG 3350, PEG 4000, PEG 8000, PEG 6000, Others) by Form (Opaque Liquid, Powder, Flakes, White Waxy Solid) by Packaging Type (Drums, Plastic Bottles, Bags, Cartons) and by Geography (United States, Canada, Mexico)
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Competitive Landscape:
Along with studying the profiles of the key players in Polyethylene Glycol market, the industry's competitive environment is deeply examined. Some of the players profiled are BASF SE (Germany), Dow (United States), LyondellBasell (Netherlands), SABIC (Saudi Arabia), Clariant (Switzerland), Evonik Industries (Germany), Solvay (Belgium), LOTTE Chemical Corporation (South Korea), The Lubrizol Corporation (United States), AkzoNobel N.V. (Netherlands), Croda International Plc (United Kingdom), Clariant Corporation (United States), Arch Chemicals, Inc. (United States), Others
Note: With the help of the Growth Overview Charts, Historical Period Analysis, Forecast Period Analysis, Main Market Segmentation, Leading Key Market Players, TOC, List of Figures, and List of Tables in this report, you can get a thorough overview of the market.
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