Global polyethylene glycol market is expected to reach USD 8,025.05 million by 2030 from USD 4,914.62 million in 2022, growing at a CAGR of 6.4% during the forecast period of 2023 to 2030.
Market Segmentation
Global Polyethylene Glycol Market, By Grade (PEG 200, PEG 300, PEG 400, PEG 600, PEG 1000, PEG 3350, PEG 4000, PEG 6000, PEG 8000, and Others), Form (Opaque Liquid, White Waxy Solid, Flakes, and Powder), Packaging Type (Plastic Bottles, Drums, Bags, and Cartons), Application (Healthcare, Building and Construction, Industrial, Cosmetics/Personal Care, and Others), Countries (U.S., Canada, Mexico, Germany, U.K., Italy, Poland, France, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, Denmark, Sweden, Norway, Finland, and the rest of Europe, Japan, China, South Korea, India, Singapore, Indonesia, Malaysia, Vietnam, Taiwan, Thailand, Philippines, Australia, New Zealand, and the rest of Asia-Pacific, Brazil, Argentina, and the rest of South America, South Africa, Egypt, Saudi Arabia, Qatar, Oman, Kuwait, Bahrain, United Arab Emirates, Israel, and the rest of Middle East And Africa) - Industry Trends and Forecast to 2030.
Overview of the Global Polyethylene Glycol Market Dynamics
- Drivers
- Growing demand for medicines
- Usage of pegylation technology in biotechnological and pharmaceutical applications
- High demand for water-based paints
- Restraints
- Viscosity instability issues in PEG
- Strict regulations in the pharmaceutical industry
- High demand for substitutes
- Opportunities
- Production of polyethylene glycol- 400 for eye drop applications
- Use of polyethylene glycol as an additive in paint & coatings
Market Players
Some of the major market players operating in the global polyethylene glycol market are:
- SABIC
- LOTTE Chemical Corporation
- INEOS
- Croda International Plc
- BASF SE
- Dow
- India Glycols Limited.
- Liaoning Kelong Fine Chemical Co., Ltd.
- Noah Chemicals
- GFS Chemicals, Inc.
- Hefei TNJ Chemical Industry Co., Ltd.
- CLARIANT
- Mitsui Chemicals, Inc.
- Dynalene, Inc.
- Shanghai Bronkow Chemical Co.,Ltd.
- Saibaba Surfactants PVT LTD
- Carl Roth GmbH + Co. KG
TABLE OF CONTENTS
1 INTRODUCTION 56
- 1.1 OBJECTIVES OF THE STUDY 56
- 1.2 MARKET DEFINITION 56
- 1.3 OVERVIEW OF THE GLOBAL POLYETHYLENE GLYCOL MARKET 56
- 1.4 LIMITATIONS 58
- 1.5 MARKETS COVERED 58
2 MARKET SEGMENTATION 61
- 2.1 MARKETS COVERED 61
- 2.2 GEOGRAPHICAL SCOPE 62
- 2.3 YEARS CONSIDERED FOR THE STUDY 63
- 2.4 CURRENCY AND PRICING 63
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 64
- 2.6 MULTIVARIATE MODELLING 67
- 2.7 TREATMENT LIFELINE CURVE 67
- 2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 68
- 2.9 DBMR MARKET POSITION GRID 69
- 2.10 MARKET APPLICATION COVERAGE GRID 70
- 2.11 SECONDARY SOURCES 71
- 2.12 ASSUMPTIONS 71
3 EXECUTIVE SUMMARY 72
4 PREMIUM INSIGHTS 76
- 4.1 PESTEL ANALYSIS 78
- 4.2 PORTER'S FIVE FORCES: 81
- 4.3 REGULATORY FRAMEWORK 83
- 4.4 IMPORT EXPORT SCENARIO 85
- 4.5 PRODUCTION CONSUMPTION ANALYSIS 93
- 4.6 RAW MATERIAL COVERAGE - GLOBAL POLYETHYLENE GLYCOL MARKET 94
- 4.7 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 95
- 4.8 VENDOR SELECTION CRITERIA 96
5 GLOBAL POLYETHYLENE GLYCOL MARKET: PRICE INDEX 97
6 PRODUCTION CAPACITY 98
7 SUPPLY CHAIN ANALYSIS 99
- 7.1 OVERVIEW 99
- 7.2 LOGISTIC COST SCENARIO 99
- 7.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 99
8 MARKET OVERVIEW 100
- 8.1 DRIVERS 102
- 8.1.1 GROWING DEMAND FOR MEDICINES 102
- 8.1.2 HIGH DEMAND OF ICE-CREAMS 102
- 8.1.3 USAGE OF PEGLYCATION TECHNOLOGY IN BIOTECHNOLOGICAL AND PHARMACEUTICAL APPLICATIONS 103
- 8.1.4 HIGH DEMAND FOR WATER-BASED PAINTS 104
- 8.2 RESTRAINTS 104
- 8.2.1 VISCOSITY STABILITY ISSUES IN PEG 104
- 8.2.2 STRICT REGULATIONS IN THE PHARMACEUTICAL INDUSTRY 105
- 8.2.3 ENVIRONMENTAL REGULATIONS 105
- 8.2.4 HIGH DEMAND FOR SUBSTITUTES 106
- 8.3 OPPORTUNITIES 106
- 8.3.1 PRODUCTION OF POLYETHYLENE GLYCOL- 400 FOR EYE DROP APPLICATIONS 106
- 8.3.2 PRODUCTION OF PEG FOR SKIN THERAPY AND OINTMENT APPLICATIONS 107
- 8.3.3 USE OF POLYETHYLENE GLYCOL AS AN ADDITIVES TO IMPROVE THE PROPERTIES OF PAINT AND COATINGS 107
- 8.4 CHALLENGES 108
- 8.4.1 FLUCTUATING RAW MATERIAL PRICES 108
- 8.4.2 HIGH IMPORT TARIFFS AND REGULATIONS 108
- 8.4.3 IMMEDIATE ALLERGIC REACTIONS OF PEG 109
9 GLOBAL POLYETHYLENE GLYCOL MARKET, BY GRADE 110
- 9.1 OVERVIEW 111
- 9.2 PEG 400 113
- 9.3 PEG 600 114
- 9.4 PEG 200 115
- 9.5 PEG 300 116
- 9.6 PEG 1000 117
- 9.7 PEG 3350 118
- 9.8 PEG 4000 119
- 9.9 PEG 8000 120
- 9.10 PEG 6000 121
- 9.11 PEG 10000 122
- 9.12 PEG 20000 123
10 GLOBAL POLYETHYLENE GLYCOL MARKET, BY FORM 124
- 10.1 OVERVIEW 125
- 10.2 OPAQUE LIQUID 126
- 10.3 FLAKES/POWDER 127
- 10.4 WHITE WAXY SOLID 128
11 GLOBAL POLYETHYLENE GLYCOL MARKET, BY PACKAGING SIZE 130
- 11.1 OVERVIEW 131
- 11.2 DRUMS 132
- 11.3 PLASTIC BOTTLES 133
12 GLOBAL POLYETHYLENE GLYCOL MARKET, BY APPLICATION 135
- 12.1 OVERVIEW 136
- 12.2 HEALTHCARE 137
- 12.2.1 PHARMACEUTICALS 139
- 12.2.1.1 TABLETS 140
- 12.2.1.2 OINTMENTS 140
- 12.2.2 COLONOSCOPY 140
- 12.2.3 BARIUM ENEMA PREPARATION 140
- 12.3 INDUSTRIAL 140
- 12.4 COSMETICS/PERSONAL CARE 141
- 12.4.1 SKIN CREAM 143
- 12.4.2 TOOTHPASTE 143
- 12.4.3 PERSONAL LUBRICANTS 143
- 12.4.4 OTHERS 143
- 12.5 BUILDING AND CONSTRUCTION 143
- 12.5.1 PAINTS AND COATINGS 145
- 12.5.2 CERAMIC TILES 145
- 12.5.3 OTHERS 145
- 12.6 OTHERS 145
13 GLOBAL POLYETHYLENE GLYCOL MARKET, BY REGION 147
- 13.1 OVERVIEW 148
- 13.2 NORTH AMERICA 153
- 13.2.1 U.S. 164
- 13.2.2 CANADA 170
- 13.2.3 MEXICO 176
- 13.3 ASIA-PACIFIC 182
- 13.3.1 CHINA 193
- 13.3.2 INDIA 199
- 13.3.3 JAPAN 205
- 13.3.4 SOUTH KOREA 211
- 13.3.5 SINGAPORE 217
- 13.3.6 AUSTRALIA 223
- 13.3.7 TAIWAN 229
- 13.3.8 INDONESIA 235
- 13.3.9 THAILAND 241
- 13.3.10 MALAYSIA 247
- 13.3.11 VIETNAM 253
- 13.3.12 NEW ZEALAND 259
- 13.3.13 PHILIPPINES 265
- 13.3.14 REST OF ASIA-PACIFIC 271
- 13.4 EUROPE 273
- 13.4.1 GERMANY 285
- 13.4.2 FRANCE 291
- 13.4.3 ITALY 297
- 13.4.4 U.K. 303
- 13.4.5 SPAIN 309
- 13.4.6 RUSSIA 315
- 13.4.7 SWITZERLAND 321
- 13.4.8 BELGIUM 327
- 13.4.9 NETHERLANDS 333
- 13.4.10 TURKEY 339
- 13.4.11 DENMARK 345
- 13.4.12 SWEDEN 351
- 13.4.13 POLAND 357
- 13.4.14 NORWAY 363
- 13.4.15 FINLAND 369
- 13.4.16 REST OF EUROPE 375
- 13.5 MIDDLE EAST AND AFRICA 377
- 13.5.1 SAUDI ARABIA 387
- 13.5.2 EGYPT 392
- 13.5.3 SOUTH AFRICA 397
- 13.5.4 QATAR 402
- 13.5.5 UNITED ARAB EMIRATES 407
- 13.5.6 OMAN 412
- 13.5.7 KUWAIT 417
- 13.5.8 BAHRAIN 422
- 13.5.9 REST OF MIDDLE EAST AND AFRICA 427
- 13.6 SOUTH AMERICA 429
- 13.6.1 BRAZIL 438
- 13.6.2 ARGENTINA 443
- 13.6.3 REST OF SOUTH AMERICA 448
14 COMPANY LANDSCAPE 450
- 14.1 COMPANY SHARE ANALYSIS: GLOBAL 450
- 14.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 451
- 14.3 COMPANY SHARE ANALYSIS: EUROPE 452
- 14.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 453
15 SWOT ANALYSIS 454
16 COMPANY PROFILE 455
- 16.1 SABIC 455
- 16.1.1 COMPANY SNAPSHOT 455
- 16.1.2 REVENUE ANALYSIS 455
- 16.1.3 COMPANY SHARE ANALYSIS 456
- 16.1.4 PRODUCT PORTFOLIO 456
- 16.1.5 RECENT DEVELOPMENTS 457
- 16.2 MERCK KGAA 458
- 16.2.1 COMPANY SNAPSHOT 458
- 16.2.2 REVENUE ANALYSIS 458
- 16.2.3 COMPANY SHARE ANALYSIS 459
- 16.2.4 PRODUCT PORTFOLIO 459
- 16.2.5 RECENT DEVELOPMENTS 460
- 16.3 DOW 461
- 16.3.1 COMPANY SNAPSHOT 461
- 16.3.2 REVENUE ANALYSIS 461
- 16.3.3 COMPANY SHARE ANALYSIS 462
- 16.3.4 PRODUCT PORTFOLIO 462
- 16.3.5 RECENT DEVELOPMENTS 463
- 16.4 BASF SE 464
- 16.4.1 COMPANY SNAPSHOT 464
- 16.4.2 REVENUE ANALYSIS 464
- 16.4.3 COMPANY SHARE ANALYSIS 465
- 16.4.4 PRODUCT PORTFOLIO 465
- 16.4.5 RECENT DEVELOPMENTS 466
- 16.5 INEOS 467
- 16.5.1 COMPANY SNAPSHOT 467
- 16.5.2 REVENUE ANALYSIS 467
- 16.5.3 COMPANY SHARE ANALYSIS 468
- 16.5.4 PRODUCT PORTFOLIO 468
- 16.5.5 RECENT DEVELOPMENTS 469
- 16.6 LOTTE CHEMICAL CORPORATION 470
- 16.6.1 COMPANY SNAPSHOT 470
- 16.6.2 REVENUE ANALYSIS 470
- 16.6.3 COMPANY SHARE ANALYSIS 471
- 16.6.4 PRODUCT PORTFOLIO 471
- 16.6.5 RECENT DEVELOPMENTS 471
- 16.7 HEFEI TNJ CHEMICAL INDUSTRY CO., LTD. 472
- 16.7.1 COMPANY SNAPSHOT 472
- 16.7.2 PRODUCT PORTFOLIO 472
- 16.7.3 RECENT DEVELOPMENTS 473
- 16.8 CLARIANT 474
- 16.8.1 COMPANY SNAPSHOT 474
- 16.8.2 REVENUE ANALYSIS 474
- 16.8.3 PRODUCT PORTFOLIO 475
- 16.8.4 RECENT DEVELOPMENT 475
- 16.9 CRODA INTERNATIONAL PLC 476
- 16.9.1 COMPANY SNAPSHOT 476
- 16.9.2 REVENUE ANALYSIS 476
- 16.9.3 PRODUCT PORTFOLIO 477
- 16.9.4 RECENT DEVELOPMENTS 477
- 16.10 GFS CHEMICALS, INC. 479
- 16.10.1 COMPANY SNAPSHOT 479
- 16.10.2 PRODUCT PORTFOLIO 479
- 16.10.3 RECENT DEVELOPMENT 480
- 16.11 INDIA GLYCOLS LIMITED 481
- 16.11.1 COMPANY SNAPSHOT 481
- 16.11.2 REVENUE ANALYSIS 481
- 16.11.3 PRODUCT PORTFOLIO 482
- 16.11.4 RECENT DEVELOPMENTS 482
- 16.12 LIAONING KELONG FINE CHEMICAL CO., LTD. 483
- 16.12.1 COMPANY SNAPSHOT 483
- 16.12.2 PRODUCT PORTFOLIO 483
- 16.12.3 RECENT DEVELOPMENTS 483
- 16.13 LIAONING OXIRANCHEM INC. 484
- 16.13.1 COMPANY SNAPSHOT 484
- 16.13.2 PRODUCT PORTFOLIO 484
- 16.13.3 RECENT DEVELOPMENTS 484
- 16.14 MIL-SPEC INDUSTRIES CORPORATION 485
- 16.14.1 COMPANY SNAPSHOT 485
- 16.14.2 PRODUCT PORTFOLIO 485
- 16.14.3 RECENT DEVELOPMENT 485
- 16.15 NOAH CHEMICALS 486
- 16.15.1 COMPANY SNAPSHOT 486
- 16.15.2 PRODUCT PORTFOLIO 486
- 16.15.3 RECENT DEVELOPMENT 486
- 16.16 PROCHEM, INC 487
- 16.16.1 COMPANY SNAPSHOT 487
- 16.16.2 PRODUCT PORTFOLIO 487
- 16.16.3 RECENT DEVELOPMENT 487
17 QUESTIONNAIRE 488
18 RELATED REPORTS 491