Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Polyethylene Glycol (PEG) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 9.6% % during the review period (2022 to 2027).
PEG is an outstanding surface-active agent and specialty solvent, which is generally used in personal care products such as soaps, lipsticks, bath oils, detergents, shampoos, lotions, toothpaste, etc. Better prospects are predicted for the polyethylene glycol market in a range of applications such as diagnostics areas and drug expansion, drug delivery, cell culture models, tissue regeneration and wound healing over forecast period. PEG is predictable to gain considerable demand from these aforementioned industries, in coming years. However, the rigid environmental regulations associated with manufacturing of pharmaceutical and personal care products, may hamper the market growth.
Polyethylene glycol (PEG) is a polyether compound with many applications from industrial manufacturing to medicine. PEG is also known as polyethylene oxide (PEO) or polyoxyethylene (POE), depending on its molecular weight. The structure of PEG is commonly expressed as H_(O_CH2_CH2)n_OH.
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By Types, it is segmented into
By Applications, it is segmented into
APAC dominated the polyethylene glycol market with a share of more than 41% during the forecast period. Asia Pacific is the largest market for PEG owing to the presence of a large scale automotive and pharmaceutical manufacturing base in the region. Rapid industrialization in APAC over the past decade augmented PEG demand and the trend is anticipated to continue over the forecast period. Growing demand for skin care products is projected to play a vital role in the growth of the PEG market as a result of increased consumer purchasing power.
All these factors greatly affect the Polyethylene Glycol (PEG) market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Polyethylene Glycol (PEG) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Polyethylene Glycol (PEG) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Polyethylene Glycol (PEG) Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Polyethylene Glycol (PEG) Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 9.6% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Dow Inc. (NYSE :DOW), INEOS Styrolution India Limited (NSE :INEOSSTYRO.NS), BASF, KAO, Blaunon, Liaoning Oxiranchem, Jiangsu Haian, Clariant, Croda, PCC SE, Norchem, Oxiteno, Lotte Chemical, Sanyo Chemical, India Glycols |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 159 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Polyethylene Glycol (PEG) Market is studied from 2017 - 2027.
Who are the key players in Polyethylene Glycol (PEG) Market?
Dow Inc. (NYSE :DOW), INEOS Styrolution India Limited (NSE :INEOSSTYRO.NS), BASF, KAO, Blaunon, Liaoning Oxiranchem, Jiangsu Haian, Clariant, Croda, PCC SE, Norchem, Oxiteno, Lotte Chemical, Sanyo Chemical, India Glycols, Petronas Chemicals, Shandong Ruisheng, Jiangxi Yipusheng, Liaoning Huaxing.
What are the significant types of Polyethylene Glycol (PEG) Market?
Medical, Personal Care, Industrial, Other.
What are the major end-use applications of the Polyethylene Glycol (PEG) Market?
Mw (<1000), Mw (1000-10000), Mw (10000-20000), Others.
What segments are covered in the Polyethylene Glycol (PEG) Market report?
The Global Polyethylene Glycol (PEG) Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Polyethylene Glycol (PEG) Market?
The sample report for the Polyethylene Glycol (PEG) Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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