Polyethylene Glycol (PEG) Market Growth, Opportunities and Industry Analysis Forecast to 2025

Adroit Market Research
Global Polyethylene
Market Size
Glycol
(PEG)
by Applications (Medical, Personal care, Industrial
and others) by Region (North America, Europe, Asia
Pacific, and RoW) and Forecast 2018 to 2025
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Adroit Market Research
Polyethylene Glycol (PEG) Market Size and Forecast 2018-2025
• The global polyethylene glycol market study provides the market estimates in terms of volume (Kilo tons) and revenue (USD
million), for a total period of 2015 to 2025.
• The report consists of global polyethylene glycol market trends such as such as drivers, restraints and opportunities. Porter’s Five
Forces analysis, PESTEL analysis, and value chain analysis are the analytical tools utilized in the published study in order to gain a
better understanding of the global polyethylene glycol market.
• The global polyethylene glycol market size is anticipated to reach USD 2.27 billion by 2025, owing to the overall growth of
pharmaceutical industry growth in emerging economies of India, China and Brazil, coupled with growing number applications of
PEG in other sectors.
• Thus, rapid growth in the cosmetics industry has eventually augmented the growth of polyethylene glycol market.
• These numerous attributes of PEGs allow for their vast range of applications ranging from pharmaceutical industry to food
industry.
• Polyethylene glycol work as water binding agent in the toothpastes, which keep xanthum gum distributed uniformly in the
toothpaste.
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Polyethylene Glycol (PEG) Market Size and Forecast 2018-2025
• Polyethylene glycols can be used in the form of dispersing agents, solvents, ointments and as laxatives in medical
and pharmaceutical industries. Polyethylene glycol is preferred in production of skin creams and ointment bases
as they do not cause any skin irritation.
• The general molecular formula of polyethylene glycol is H(OCH2CH2)nOH, where n is the number of ethylene
glycol units present in the polyethylene glycol polymer. PEGs are non-toxic, colorless and nonirritating, thus,
readily soluble in many organic solvents.
• Hence, they have a growing demand in oral healthcare industry which compliments the growth of polyethylene
glycol market. Also, other medical applications include use of PEGs as fillers for tablets, dispensing agents,
suppository bases in ophthalmic solutions and as treatment for constipation.
• Increasing pharmaceutical investments, particularly in emerging economies of China, India and Brazil, is expected
to boost the polyethylene market over the forecast period.
• The competitive landscape of global polyethylene glycol market is highly fragmented with a large number of
global and regional players including BASF, Dow Chemical Company, Lotte Chemical, Ineos, Croda, Liaoning
Oxiranchem, Jiangsu Haian Petrochemical Plant, Shanghai Bronkow Chemical, Taijie Chemical, Huangma Chemical
and India Glycols.
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Key segments of the Polyethylene Glycol (PEG) Market
• Application Overview, 2015-2025 (USD million) (Kilo tons)
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•
•
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Medical
Personal care
Industrial
Others
• Regional Overview, 2015-2025 (USD Million):
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•
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North America
Europe
Asia Pacific
Rest of the World
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Global polyethylene glycol market size is anticipated to reach USD 2.27 billion by 2025, owing to the overall growth of pharmaceutical industry growth in emerging economies of India, China and Brazil, coupled with growing number applications of PEG in other sectors. For instance, PEG is used in cosmetic industry for preparing skin creams, ointments bases and lubricants because of their skin friendliness. Thus, rapid growth in the cosmetics industry has eventually augmented the growth of market.