Global Polyethylene Glycol (PEG) Market Size by Applications, by Region and Forecast 2018 to 2025
The report consists of Global Polyethylene Glycol (PEG) Market trends such as such as drivers, restraints and opportunities. Porter’s Five Forces analysis, PESTEL analysis, and value chain analysis are the analytical tools utilized in the published study in order to gain a better understanding of the market. The global market study provides the market estimates in terms of volume (Kilo tons) and revenue (USD million), for a total period of 2015 to 2025.
“The general molecular formula of polyethylene glycol is H(OCH2CH2)nOH, where n is the number of ethylene glycol units present in the polyethylene glycol polymer. PEGs are non-toxic, colorless and nonirritating, thus, readily soluble in many organic solvents.”
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Polyethylene Glycol (PEG) Market: Key Players are BASF, Dow Chemical Company, Lotte Chemical, Ineos, Croda, Liaoning Oxiranchem, Jiangsu Haian Petrochemical Plant, Shanghai Bronkow Chemical, Taijie Chemical, Huangma Chemical and India Glycols.
The Global Polyethylene Glycol (PEG) Market size is anticipated to reach USD 2.27 billion by 2025, owing to the overall growth of pharmaceutical industry growth in emerging economies of India, China and Brazil, coupled with growing number applications of PEG in other sectors. For instance, PEG is used in cosmetic industry for preparing skin creams, ointments bases and lubricants because of their skin friendliness. Thus, rapid growth in the cosmetics industry has eventually augmented the growth of market.
Different methods are used to create PEGs with wide variety in their physical attributes, allowing them to be utilized by Polyethylene Glycol (PEG) Market. This wide variety of physical properties can be achieved by controlling the PEG’s molecular weight. These numerous attributes of PEGs allow for their vast range of applications ranging from pharmaceutical industry to food industry.
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Geographically, Asia-Pacific region has dominated the Polyethylene Glycol (PEG) Market by contributing almost 47% of market share in 2017. With growing pharmaceutical and food sectors in Asian countries such as India and China, the demand for PEG and its derivatives has grown over the past years and is expected to grow further in the forecast period. Additionally, Middle East and Latin America region look promising in terms of market growth owing to the rapid increase in construction and automotive sector.
Some Key Highlight Points from TOC:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Global Polyethylene Glycol (PEG) Market Overview, By Application
Chapter 5. Company Profiles
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 Market Size by Applications, by Region and Forecast 2018 to 2025)