The Polyethylene Glycol Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.9% in the forecast period of 2021 to 2028 and is expected to reach USD 489,988.80 thousand by 2028.
Industry Analysis
PEG or polyethylene glycol is a polymeric material composed of ethylene oxide and water as monomers which are not only hydrophilic but also biocompatible, though it is a synthetic molecule synthesized by polymerization of ethylene oxide where a ring-opening takes place. As is it composed of water and ethylene oxide, it finds innumerable application in industries ranging from pharmaceuticals to construction.
The growth in the building and construction industry particularly in developing countries has increased the production and availability of different grades of polyethylene glycol, particularly for the use in water-based paints to provide a high-quality protective coating to them is driving the polyethylene glycol market. The viscosity instability in the compounds and molecules of polyethylene glycol its derivatives along with the development of better substitutes can hinder the polyethylene glycol market and act as a restraint to the polyethylene glycol market. The excellent ophthalmic properties of PEG-400 as an eye drop application and its environmentally friendly nature are golden opportunities for every chemical industry to increase their market sales and revenue for the polyethylene glycol market. Though the demand for polyethylene glycol is increasing due to its less toxicity, low production of the raw materials from which polyethylene glycol is extracted and the expensive and time consumable nature of this synthesis process has not only resulted in an increased cost of raw material but also pose a challenge for the growth of the polyethylene glycol market.
This polyethylene glycol market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Polyethylene Glycol Market Scope and Market Size
The polyethylene glycol market is categorized into three notable segments which are grade, form, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Based on grade, the polyethylene glycol market is segmented into
- Polyethylene glycol 200,
- Polyethylene glycol 300,
- Polyethylene glycol 400,
- Polyethylene glycol 400 FCC grade,
- Polyethylene glycol 3350,
- Polyethylene glycol 4000,
- Polyethylene glycol 6000,
Based on form, the polyethylene glycol market is segmented into
- Opaque liquid,
- White waxy solid,
- Flakes/powder.
Based on application, the polyethylene glycol market is segmented into
- Healthcare,
- Building and construction,
- Industrial,
- Cosmetics/personal care
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Polyethylene glycol Market Country Level Analysis
The polyethylene glycol market is analysed and market size information is provided by the country, grade, application and form as referenced above.
The countries covered in the Europe polyethylene glycol market report are
- Germany,
- France,
- K.,
- Italy,
- Spain,
- Russia,
- Turkey,
- Belgium,
- Netherlands,
- Switzerland,
- Rest of Europe.
In Europe polyethylene glycol market, Germany is dominating the market due to the high demand for medical and paint products in the region.
Competitive Landscape and Polyethylene Glycol Market Share Analysis
The polyethylene glycol market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to the Europe polyethylene glycol market.
The major players covered in the report is
- SABIC,
- LOTTE Chemical CORPORATION,
- INEOS,
- Croda International Plc,
- BASF SE,
- Dow,
- India Glycols Limited,
- Mitsui Chemicals, Inc.,
- Merck KGaA,
- Dynalene, Inc.,
- Clariant,
- Among other
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Europe Polyethylene Glycol Market by Product Procedure type
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=europe-polyethylene-glycol-market
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