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 6.7% in the forecast period of 2021 to 2028 and is expected to reach USD 1,081,054.25 thousand by 2028.Polyethylene glycol (PEG) is a petroleum-derived polyether that finds numerous versatile applications in several walks of life including medicine, cosmetics, gas-chromatography, and so on. Although polyethylene glycol is capable of forming solutions with water as well as polar organic solvents such as ethanol, acetonitrile, benzene, and dichloromethane, it is insoluble in low polar liquids such as diethyl ether and hexane.
The structure and properties of polyethylene glycols are susceptible to variations with respect to the molecular weight, and further controls the form and grade of these chemicals. This polyethylene glycol market report provides details of market share, new developments, and product pipeline analysis, 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.
Asia-Pacific Polyethylene Glycol Market, 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 and Others), Form (Opaque Liquid, White Waxy Solid and Flakes/Powder), Application (Healthcare, Building And Construction, Industrial, Cosmetics/Personal Care and Others), Country (Japan, China, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, India and Rest of Asia-Pacific) Industry Trends and Forecast to 2028.
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Polyethylene Glycol Market Development:
In January 2021, trinamiX, a wholly-owned subsidiary of BASF SE has announced and demoed the company’s new cutting-edge technology in 3D face mapping which could be implemented behind OLED screens. The new technology has the potential to revolutionize face detection technology used in mobile devices as the new technology not only can capture 2-D pictures of the faces but also do 3-D depth mapping. The newly found technology would boost the company’s sales and market value and help the company to get a superior advantage in the respective market over its competitors.
Asia-Pacific 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, and others. In 2021, polyethylene glycol 400 will dominate the market followed by polyethylene glycol 200, polyethylene glycol 300, polyethylene glycol 400 FCC grade, polyethylene glycol 3350, polyethylene glycol 4000, polyethylene glycol 6000, and others. The demand for pharmaceuticals and increased demand for ice-creams in China and India which make primary reason behind the dominance of polyethylene glycol 400 in this region.
On the basis of form, the polyethylene glycol market is segmented into opaque liquid, white waxy solid, and flakes/powder. In 2021, opaque liquid dominates the market followed by flakes/ powder and white waxy solid. The widespread use of opaque liquid as a lubricating agent in the processing plants and as a wetting and thickening agent in cosmetics & medical auxiliaries is the primary reason for its dominance in the market.
Based on application, the polyethylene glycol market is segmented into healthcare, building and construction, industrial, cosmetics/personal care and others. In 2021, healthcare dominates the market followed by industrial, cosmetics/personal care, building and construction, and others. The increasing health-related issues require medicines and ointments. Polyethylene glycol is utilized as a solvent as well as an active pharmaceutical ingredient in the ointment, creams, and tablets, among others.
Key Market Competitors:
The major players covered in the report is 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, GFS Chemicals, Inc., Hefei TNJ Chemical Industry Co., Ltd., Clariant, Shanghai Bronkow Chemical Co., Ltd. and Shanghai Taijie Chemical Co., Ltd, among other players domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
MAJOR TOC OF THE REPORT:
Chapter One: Healthcare Analytical Testing Services Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Healthcare Analytical Testing Services Market Competition, by Players
Chapter Four: Healthcare Analytical Testing Services Market Size by Regions
Chapter Five: Healthcare Analytical Testing Services Market Revenue by Countries
Chapter Six: Healthcare Analytical Testing Services Market Revenue by Type
Chapter Seven: Healthcare Analytical Testing Services Market Revenue by Application
Chapter Eight: Healthcare Analytical Testing Services Market Revenue by Industries
Chapter Nine: Healthcare Analytical Testing Services Market Revenue by Deployment Model
Chapter Ten: Healthcare Analytical Testing Services Market Revenue by End User
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Key Report Highlights:
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Information Rights Management
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The detailed assessment of the vendor landscape and leading companies to help understand the level of
competition in the global Information Rights Management Market
A roadmap of growth opportunities available in the Global Information Rights Management Market with
the identification of key factors
The exhaustive analysis of various trends of the Global Information Rights Management Market to help
identify market developments
Key Questions Answered in Report:
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