Global Polyethylene Glycol Market Size study, by Grade, Form, End-Use Industry, and Regional Forecasts 2022-2032

Description

This growth is fueled by its increasing applications across diverse industries, including pharmaceuticals, cosmetics, and personal care. Polyethylene Glycol (PEG), known for its versatility as a solvent, stabilizer, and binder, plays a critical role in enhancing drug solubility and bioavailability, making it a cornerstone in drug formulations.

With advancements in PEGylation technology, including the development of PEG hydrogels for controlled drug release, the pharmaceutical industry is experiencing a surge in demand. Furthermore, the cosmetics and personal care industry heavily relies on PEG for its moisturizing and stabilizing properties, contributing to the rising global demand for skincare and beauty products. Additionally, its role in industrial applications, such as coatings, lubricants, and plastic processing, underscores its widespread utility.

The Asia-Pacific region dominates the market due to its burgeoning pharmaceutical and healthcare sectors, particularly in countries like India and China. Rising consumer awareness, disposable income, and supportive government policies have catalyzed the adoption of PEG in various industries. Meanwhile, North America and Europe also contribute significantly to the market, driven by strong healthcare infrastructure and ongoing R&D activities.

While fluctuating raw material prices pose challenges to market growth, the opportunities for innovation in sustainable, bio-based PEG formulations are abundant. Leading players in the market, such as BASF, Dow, and Clariant, are leveraging strategic investments and collaborations to expand their portfolios and address evolving consumer needs.

Major market players included in this report are:

BASF (Germany)
Dow (US)
Clariant (Switzerland)
Lotte Chemical Corporation (South Korea)
Sanyo Chemical Industries Ltd (Japan)
Sabic (Saudi Arabia)
Kao Corporation (Japan)
Croda International Plc (UK)
Indian Glycols Limited (India)
INEOS (India)
Merck KGaA (Germany)
Indorama Ventures Public Company Limited (Thailand)
NOF Corporation (Japan)
Renishaw (UK)
Malvern Panalytical (Netherlands)

The detailed segments and sub-segment of the market are explained below:

By Grade:

PEG 200
PEG 400
PEG 600
Others

By Form:

Flake/Powder
Liquid
White Wax Solid

By End-Use Industry:

Pharmaceutical
Cosmetics & Personal Care
Food & Beverage
Industrial

By Region:

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year - 2022
Base Year - 2023
Forecast Period - 2024 to 2032

Key Takeaways:

Market estimates & forecasts for 10 years (2022-2032).
Annualized revenues and regional-level analysis for each market segment.
Competitive landscape, including SWOT analysis of top companies.
Insights into market drivers, restraints, opportunities, and challenges.

Chapter 1. Global Polyethylene Glycol Market Executive Summary

1.1. Global Polyethylene Glycol Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Grade
- 1.3.2. By Form
- 1.3.3. By End-Use Industry
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Polyethylene Glycol Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Polyethylene Glycol Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing demand for medicines
- 3.1.2. Expanding use in personal care products
3.2. Market Challenges
- 3.2.1. Fluctuating raw material prices
- 3.2.2. Degradation issues in industrial applications
3.3. Market Opportunities
- 3.3.1. Development of bio-based PEG
- 3.3.2. Advancements in drug delivery systems

Chapter 4. Global Polyethylene Glycol Market Industry Analysis

4.1. Porter's Five Forces Analysis
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Polyethylene Glycol Market Size & Forecasts by Grade (2022-2032)

5.1. Segment Dashboard
5.2. Global Polyethylene Glycol Market: Grade Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. PEG 200
- 5.2.2. PEG 400
- 5.2.3. PEG 600
- 5.2.4. Others

Chapter 6. Global Polyethylene Glycol Market Size & Forecasts by Form (2022-2032)

6.1. Segment Dashboard
6.2. Global Polyethylene Glycol Market: Form Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Flake/Powder
- 6.2.2. Liquid
- 6.2.3. White Wax Solid

Chapter 7. Global Polyethylene Glycol Market Size & Forecasts by End-Use Industry (2022-2032)

7.1. Segment Dashboard
7.2. Global Polyethylene Glycol Market: End-Use Industry Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Pharmaceutical
- 7.2.2. Cosmetics & Personal Care
- 7.2.3. Food & Beverage
- 7.2.4. Industrial

Chapter 8. Global Polyethylene Glycol Market Size & Forecasts by Region (2022-2032)

8.1. North America Polyethylene Glycol Market
- 8.1.1. U.S. Polyethylene Glycol Market
  - 8.1.1.1. Grade Breakdown Size & Forecasts, 2022-2032
  - 8.1.1.2. Form Breakdown Size & Forecasts, 2022-2032
- 8.1.2. Canada Polyethylene Glycol Market
8.2. Europe Polyethylene Glycol Market
- 8.2.1. UK Polyethylene Glycol Market
- 8.2.2. Germany Polyethylene Glycol Market
- 8.2.3. France Polyethylene Glycol Market
- 8.2.4. Spain Polyethylene Glycol Market
- 8.2.5. Italy Polyethylene Glycol Market
- 8.2.6. Rest of Europe Polyethylene Glycol Market
8.3. Asia-Pacific Polyethylene Glycol Market
- 8.3.1. China Polyethylene Glycol Market
- 8.3.2. India Polyethylene Glycol Market
- 8.3.3. Japan Polyethylene Glycol Market
- 8.3.4. Australia Polyethylene Glycol Market
- 8.3.5. South Korea Polyethylene Glycol Market
- 8.3.6. Rest of Asia-Pacific Polyethylene Glycol Market
8.4. Latin America Polyethylene Glycol Market
- 8.4.1. Brazil Polyethylene Glycol Market
- 8.4.2. Mexico Polyethylene Glycol Market
- 8.4.3. Rest of Latin America Polyethylene Glycol Market
8.5. Middle East & Africa Polyethylene Glycol Market
- 8.5.1. Saudi Arabia Polyethylene Glycol Market
- 8.5.2. South Africa Polyethylene Glycol Market
- 8.5.3. Rest of Middle East & Africa Polyethylene Glycol Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. BASF
- 9.1.2. Dow
- 9.1.3. Clariant
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. BASF
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Dow
- 9.3.3. Clariant

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes