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Global Polyethylene Glycol Market – Industry Trends & Forecast to 2026

Global Polyethylene Glycol Market – Industry Trends & Forecast to 2026

Global polyethylene glycol market is expected to reach at a CAGR of 5.8% in the forecast period of 2019 to 2026. The market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
Market Segmentation
By Grade (Polyethylene Glycol 200, Polyethylene Glycol 300, Polyethylene Glycol 400, Polyethylene Glycol 400 FCC Grade, Polyethylene Glycol 3350, Polyethylene Glycol 4000, Polyethylene Glycol 6000, Others), Form (Opaque Liquid, White Waxy Solid, Flakes/Powder), Application (Healthcare, Building and Construction, Industrial, Cosmetics/Personal Care, Others), Geography (North America, South America, Europe, Asia-Pacific and Middle East & Africa)
Major growing sectors under the market segmentation are as follows:
On the basis of grade, polyethylene glycol 400 segment is growing with the highest CAGR as it is of low toxicity and widely used for drug formulations in the pharmaceutical industry and bioavailability of weak water-soluble drugs.
On the basis of form, opaque liquid segment is growing with the highest CAGR because it is utilized as a lubricating agent in the processing plants and as wetting and thickening agents in the cosmetics & medical auxiliaries. It has heat transfer fluids provide excellent high temperature performance which is promoting its usage in various industries.
On the basis of application, healthcare segment has the highest growing CAGR due to the increasing health related issues require medicines and ointments where Polyethylene glycol is utilized as solvent, ointment, tablet and capsule lubricants as it is an active pharmaceutical ingredient. It is widely used as film coating agent in tablets preventing the rupture or damage of these coating films in tablets.
Key Market Players
The key market players are listed below:
SABIC
LOTTE Chemical CORPORATION
INEOS
Croda International Plc
BASF SE
Dow
Liaoning Oxiranchem, Inc.
India Glycols Limited
Mitsui Chemicals, Inc.
Merck KGaA
Liaoning Kelong Fine Chemical Co., Ltd.
Dynalene, Inc.
ProChem
Inc International
Noah Technologies Corporation
Mil-Spec Industries Corporation
Norq
Clariant
HAPEC
Shanghai Bronkow Chemical Co.,Ltd
Shanghai Taijie Chemical Co., Ltd

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1 Introduction 28
1.1 Objectives Of The Study 28
1.2 Market Definition 28
1.3 Overview Of Global Polyethylene Glycol Market 28
1.4 Limitations 30
1.5 Markets Covered 30
2 Market Segmentation 33
2.1 Markets Covered 33
2.2 Geographical Scope 34
2.3 Years Considered For The Study 35
2.4 Currency And Pricing 35
2.5 Dbmr Tripod Data Validation Model 36
2.6 Technology Life Line Curve 39
2.7 Multivariate Modelling 40
2.8 Primary Interviews With Key Opinion Leaders 41
2.9 Dbmr Market Position Grid 43
2.10 Market Application Coverage Grid 44
2.11 Dbmr Market Challenge Matrix 45
2.12 Vendor Share Analysis 46
2.13 Import-export Data 47
2.14 Secondary Sources 48
2.15 Assumptions 49
3 Market Overview 50
3.1 Drivers 52
3.1.1 Growing Demand For Medicines 52
3.1.2 High Demand Of Water-based Paints To Strengthen Peg Consumption 53
3.1.3 High Demand Of Ice-creams In Developing Countries Of Asia-pacific 54
3.1.4 Usage Of Peglycation Technology In Biotechnology And Pharmaceutical Applications 55
3.2 Restraints 55
3.2.1 Viscosity Stability Issues In Peg 55
3.2.2 Strict Regulations In The Pharmaceutical Industry 56
3.2.3 Environmental Regulations Related To Manufacturing Industry 56
3.2.4 High Demand Of Substitutes Including Monoethylene Glycol (Meg) 57
3.3 Opportunities 58
3.3.1 Production Of Peg 400 For Eye Drop Applications 58
3.3.2 Production Of Peg For Skin Therapy And Ointment Applications 58
3.3.3 Use Of Polyethylene Glycol As An Additive To Improve The Properties Of Products 59
3.4 Challenges 60
3.4.1 Fluctuating Raw Material Prices Used In The Production Of Peg 60
3.4.2 High Import Tarrifs And Regulations Related To Pharmaceuticals 60
3.4.3 Immediate Allergic Reactions Of Peg 61
4 Executive Summary 62
5 Premium Insights 65
6 Global Polyethylene Glycol Market, By Grade 67
6.1 Overview 68
6.2 Polyethylene Glycol 400 70
6.3 Polyethylene Glycol 200 71
6.4 Polyethylene Glycol 300 72
6.5 Polyethylene Glycol 400 Fcc Grade 73
6.6 Polyethylene Glycol 3350 74
6.7 Polyethylene Glycol 4000 75
6.8 Polyethylene Glycol 6000 76
6.9 Others 77
7 Global Polyethylene Glycol Market, By Form 78
7.1 Overview 79
7.2 Opaque Liquid 80
7.3 Flakes/Powder 81
7.4 White Waxy Solid 81
8 Global Polyethylene Glycol Market, By Application 82
8.1 Overview 83
8.2 Healthcare 84
8.2.1 Pharmaceuticals 85
8.2.1.1 Tablets 85
8.2.1.2 Ointments 85
8.3 Industrial 86
8.4 Cosmetics/Personal Care 86
8.4.1 Personal Lubricants 87
8.4.2 Skin Cream 87
8.4.3 Toothpaste 87
8.4.4 Others 87
8.5 Building And Construction 88
8.5.1 Paints And Coatings 88
8.5.2 Ceramic Tiles 88
8.5.3 Others 89
8.6 Others 89
9 Global Polyethylene Glycol Market, By Geography 90
9.1 Overview 91
9.2 North America 96
9.2.1 U.S. 103
9.2.2 Canada 106
9.2.3 Mexico 109
9.3 Europe 112
9.3.1 Germany 119
9.3.2 France 122
9.3.3 Italy 125
9.3.4 U.K. 128
9.3.5 Spain 131
9.3.6 Russia 134
9.3.7 Switzerland 137
9.3.8 Belgium 140
9.3.9 Netherlands 143
9.3.10 Turkey 146
9.3.11 Rest Of Europe 149
9.4 Asia-pacific 150
9.4.1 China 157
9.4.2 India 160
9.4.3 Japan 163
9.4.4 South Korea 166
9.4.5 Australia 169
9.4.6 Singapore 172
9.4.7 Thailand 175
9.4.8 Malaysia 178
9.4.9 Indonesia 181
9.4.10 Philippines 184
9.4.11 Rest Of Asia-pacific 187
9.5 South America 188
9.5.1 Brazil 195
9.5.2 Argentina 198
9.5.3 Rest Of South America 201
9.6 Middle East And Africa 202
9.6.1 U.A.E. 209
9.6.2 Saudi Arabia 212
9.6.3 South Africa 215
9.6.4 Egypt 218
9.6.5 Israel 221
9.6.6 Rest Of Middle East & Africa 224
10 Global Polyethylene Glycol Market, Company Landscape 225
10.1 Company Share Analysis: Global 225
10.2 Company Share Analysis: North America 226
10.3 Company Share Analysis: Europe 227
10.4 Company Share Analysis: Asia-pacific 228
10.5 Mergers & Acquisitions 228
10.6 Expansions 229
10.7 Partnership And Other Strategic Developments 230
11 Company Profiles 231
11.1 Merck Kgaa 231
11.1.1 Company Snapshot 231
11.1.2 Revenue Analysis 231
11.1.3 Company Share Analysis 232
11.1.4 Geographical Presence 232
11.1.5 Product Portfolio 233
11.1.6 Recent Developments 234
11.2 Sabic 235
11.2.1 Company Snapshot 235
11.2.2 Revenue Analysis 235
11.2.3 Company Share Analysis 236
11.2.4 Geographical Presence 236
11.2.5 Product Portfolio 237
11.2.6 Recent Development 237
11.3 Ineos 238
11.3.1 Company Snapshot 238
11.3.2 Revenue Analysis 238
11.3.3 Company Share Analysis 239
11.3.4 Geographical Presence 239
11.3.5 Product Portfolio 240
11.3.6 Recent Development 240
11.4 Dow 241
11.4.1 Company Snapshot 241
11.4.2 Revenue Analysis 241
11.4.3 Company Share Analysis 242
11.4.4 Geographical Presence 242
11.4.5 Product Portfolio 243
11.4.6 Recent Developments 245
11.5 Basf Se 247
11.5.1 Company Snapshot 247
11.5.2 Revenue Analysis 247
11.5.3 Company Share Analysis 248
11.5.4 Geographical Presence 248
11.5.5 Product Portfolio 249
11.5.6 Recent Development 249
11.6 Clariant 250
11.6.1 Company Snapshot 250
11.6.2 Revenue Analysis 250
11.6.3 Geographical Presence 251
11.6.4 Product Portfolio 251
11.6.5 Recent Development 252
11.7 Croda International Plc 253
11.7.1 Company Snapshot 253
11.7.2 Revenue Analysis 253
11.7.3 Geographical Presence 254
11.7.4 Product Portfolio 254
11.7.5 Recent Developments 256
11.8 Dynalene, Inc. 257
11.8.1 Company Snapshot 257
11.8.2 Geographical Presence 257
11.8.3 Product Portfolio 258
11.8.4 Recent Developments 258
11.9 Hapec 259
11.9.1 Company Snapshot 259
11.9.2 Product Portfolio 259
11.9.3 Recent Development 264
11.10 India Glycols Limited 265
11.10.1 Company Snapshot 265
11.10.2 Revenue Analysis 265
11.10.3 Geographical Presence 266
11.10.4 Product Portfolio 266
11.10.5 Recent Developments 266
11.11 Liaoning Kelong Fine Chemicals Co.,Ltd 267
11.11.1 Company Snapshot 267
11.11.2 Revenue Analysis 267
11.11.3 Product Portfolio 268
11.11.4 Recent Development 268
11.12 Liaoning Oxiranchem, Inc. 269
11.12.1 Company Snapshot 269
11.12.2 Revenue Analysis 269
11.12.3 Product Portfolio 270
11.12.4 Recent Development 270
11.13 Lotte Chemical Corporation 271
11.13.1 Company Snapshot 271
11.13.2 Revenue Analysis 271
11.13.3 Geographical Presence 272
11.13.4 Product Portfolio 272
11.13.5 Recent Development 273
11.14 Mil-spec Industries Corporation 274
11.14.1 Company Snapshot 274
11.14.2 Product Portfolio 274
11.14.3 Recent Development 274
11.15 Mitsui Chemicals Inc 275
11.15.1 Company Snapshot 275
11.15.2 Revenue Analysis 275
11.15.3 Geographical Presence 276
11.15.4 Product Portfolio 276
11.15.5 Recent Development 276
11.16 Noah Technologies Corporation 277
11.16.1 Company Snapshot 277
11.16.2 Product Portfolio 277
11.16.3 Recent Development 277
11.17 Norq 278
11.17.1 Company Snapshot 278
11.17.2 Product Portfolio 278
11.17.3 Recent Development 279
11.18 Prochem, Inc International 280
11.18.1 Company Snapshot 280
11.18.2 Product Portfolio 280
11.18.3 Recent Development 280
11.19 Shanghai Bronkow Chemical Co., Ltd. 281
11.19.1 Company Snapshot 281
11.19.2 Product Portfolio 281
11.19.3 Recent Development 284
11.20 Shanghai Taijie Chemical Co., Ltd. 285
11.20.1 Company Snapshot 285
11.20.2 Product Portfolio 285
11.20.3 Recent Developments 286
12 Swot Analysis 287
12.1 Data Bridge Market Research Analysis 290
13 Questionnaire 291
14 Conclusion 294
15 Related Reports 295
List Of Figures
Figure 1 Global Polyethylene Glycol Market: Segmentation 33
Figure 2 Global Polyethylene Glycol Market: Data Triangulation 36
Figure 3 Global Polyethylene Glycol Market: Droc Analysis 37
Figure 4 Global Polyethylene Glycol Market: Global Vs Regional Market Analysis 38
Figure 5 Global Polyethylene Glycol Market : Company Research Analysis 38
Figure 6 Global Polyethylene Glycol Market: The Technology Life Line Curve 39
Figure 7 Global Polyethylene Glycol Market: Interview Demographics 41
Figure 8 Global Polyethylene Glycol Market: Dbmr Market Position Grid 43
Figure 9 Global Polyethylene Glycol Market: Market Application Coverage Grid 44
Figure 10 Global Polyethylene Glycol Market: The Market Challenge Matrix 45
Figure 11 Global Polyethylene Glycol Market: Vendor Share Analysis 46
Figure 12 Drivers, Restraints, Opportunities And Challenges Of Global Polyethylene Glycol Market 51
Figure 13 Distribution Of Total Global Pharmaceutical Market Sales From 2014-2018 52
Figure 14 Global Architectural Coatings, By Region, 2015 (Million Tons) 53
Figure 15 China Ice Cream Market, 2010 – 2023 (Usd Million) 54
Figure 16 Global Cosmeceutical Products Market, By Type, 2017 (%) 58
Figure 17 Global Architectural Coatings Market, By Type, 2017 (%) 59
Figure 18 Global Polyethylene Glycol Market: Segmentation 63
Figure 19 Asia-pacific Is Expected To Dominate The Polyethylene Glycol Market And Is Expected To Grow With The Highest Cagr In The Forecast Period Of 2019 To 2026 64
Figure 20 High Demand Of Water Based Paints To Strengthen Peg Consumption Is Expected To Drive The Polyethylene Glycol Market In The Forecast Period 2019 To 2026 65
Figure 21 Polyethylene Glycol 400 Is Expected To Account For The Largest Share Of The Global Polyethylene Glycol Market In 2018 65
Figure 22 Asia-pacific Is The Fastest Growing Market For Polyethylene Glycol Manufacturers In The Forecast Period Of 2019 To 2026 66
Figure 23 Global Polyethylene Glycol Market: By Grade, 2018 68
Figure 24 Global Polyethylene Glycol Market: By Form, 2018 79
Figure 25 Global Polyethylene Glycol Market: By Application, 2018 83
Figure 26 Global Polyethylene Glycol Market: Snapshot (2018) 92
Figure 27 Global Polyethylene Glycol Market: By Geography (2018) 93
Figure 28 Global Polyethylene Glycol Market: By Geography (2019 & 2026) 93
Figure 29 Global Polyethylene Glycol Market: By Geography (2018 & 2026) 94
Figure 30 Global Polyethylene Glycol Market: By Grade (2019 - 2026) 94
Figure 31 North America Polyethylene Glycol Market: Snapshot (2018) 96
Figure 32 North America Polyethylene Glycol Market: By Country (2018) 97
Figure 33 North America Polyethylene Glycol Market: By Country (2019 & 2026) 97
Figure 34 North America Polyethylene Glycol Market: By Country (2018 & 2026) 98
Figure 35 North America Polyethylene Glycol Market: By Grade (2019 - 2026) 98
Figure 36 Europe Polyethylene Glycol Market: Snapshot (2018) 112
Figure 37 Europe Polyethylene Glycol Market: By Country (2018) 113
Figure 38 Europe Polyethylene Glycol Market: By Country (2019 & 2026) 113
Figure 39 Europe Polyethylene Glycol Market: By Country (2018 & 2026) 114
Figure 40 Europe Polyethylene Glycol Market: By Grade (2019-2026) 114
Figure 41 Asia-pacific Polyethylene Glycol Market: Snapshot (2018) 150
Figure 42 Asia-pacific Polyethylene Glycol Market: By Country (2018) 151
Figure 43 Asia-pacific Polyethylene Glycol Market: By Country (2019 & 2026) 151
Figure 44 Asia-pacific Polyethylene Glycol Market: By Country (2018 & 2026) 152
Figure 45 Asia-pacific Polyethylene Glycol Market: By Grade (2019-2026) 152
Figure 46 South America Polyethylene Glycol Market: Snapshot (2018) 188
Figure 47 South America Polyethylene Glycol Market: By Country (2018) 189
Figure 48 South America Polyethylene Glycol Market: By Country (2019 & 2026) 189
Figure 49 South America Polyethylene Glycol Market: By Country (2018 & 2026) 190
Figure 50 South America Polyethylene Glycol Market: By Grade (2019 - 2026) 190
Figure 51 Middle East And Africa Polyethylene Glycol Market: Snapshot (2018) 202
Figure 52 Middle East And Africa Polyethylene Glycol Market: By Country (2018) 203
Figure 53 Middle East And Africa Polyethylene Glycol Market: By Country (2019 & 2026) 203
Figure 54 Middle East And Africa Polyethylene Glycol Market: By Country (2018 & 2026) 204
Figure 55 Middle East And Africa Polyethylene Glycol Market: By Grade (2019 - 2026) 204
Figure 56 Global Polyethylene Glycol Market: Company Share 2018 (%) 225
Figure 57 North America Polyethylene Glycol Market: Company Share 2018(%) 226
Figure 58 Europe Polyethylene Glycol Market: Company Share 2018 (%) 227
Figure 59 Asia-pacific Polyethylene Glycol Market: Company Share 2018 (%) 228

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