openPR Logo
Press release

Polyalkylene Glycol Market Size to showcase continued growth in the coming years | key players includes Bayer, Clariant, Huntsman Corporation, Akzonobel, ExxonMobil, Croda, BASF, The Dow Chemical Company, INEOS, LyondellBasell, DuPont, Shell

06-05-2019 06:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights, Inc.

/ PR Agency: Global Market Insighrs
Polyalkylene Glycol Market

Polyalkylene Glycol Market

Strong polyurethane (PU) foam demand is likely to make significant contribution towards polyalkylene glycol market size during the forecast period. This is attributed to extensive PU foam applications in several industries including construction, automotive, electronics etc. Thus, robust growth indicators in the aforementioned industries on account of improving socio-economic factors will boost business growth by 2024. In addition, polyols are the most consumed chemicals in manufacturing PU foam and accounts for over 30% of the total share of chemicals used to manufacture PU foam.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1752

Technological advancements primarily in the automotive sector has resulted in development of more intricate internal parts which in turn has propelled lubricants demand. In addition, lubricant producers are advertising to encourage use of fully formulated engine oils for consumers to achieve fuel economy. Moreover, automobiles demand will continue to rise owing to increasing consumer’s disposable income which will consequently drive lubricants demand in the near future. This will subsequently have positive impact on the polyalkylene glycol market size by 2024.

PAG lubricants are likely to replace conventional synthetic lubricants in the market owing to better oxidation stability and environment friendly nature. Furthermore, they impart high performance, greater efficiency, reduced maintenance, lower emission and longer service life of machines & components resulting in providing economic benefits to the consumer which will boost polyalkylene glycol market size over the projected timeframe.

Wavering petroleum sector owing to fluctuating prices are probable to hinder the global polyalkylene glycol market size over the projected timespan. This is due to dependency of petrochemical derivatives as raw material from oil & gas industry. However, strong growth indicators in the pharmaceuticals and personal care industry will generate sufficient prospects for polyalkylene glycol market size in the near future.
PPG accomplished the maximum market share of the overall polyalkylene glycol market size in 2016. This is primarily due to extensive application in manufacturing variety of PU foams including rigid, flexible and spray. PU foam constituted for over 40% of the total PAG market size in 2016. In addition, widespread PU foam application in automobile and aerospace industry as lubricant and melting agent. PEG finds broad application base in several industries including chemical, pharmaceuticals, personal care, etc. which will consequently help attain prominent polyalkylene glycol market size in the near future.

Personal care is an attractive segment for polyalkylene glycol market which is credited to its extensive application in producing shampoos, hair products, skin care products, toothpaste, bath oils and detergents. Increasing awareness towards cleanliness & hygiene along with improving consumer disposable incomes will boost the global polyalkylene glycol market for personal care industry.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1752

In 2016, North America attained a significant share of the global polyalkylene glycol market was over USD 2 billion. It is chiefly due to strong automotive industry growth which is due to rising R&D investment which propelled PU foam demand and lubricant applications. In addition, rapid personal care industry growth owing to substantial consumer disposable income will drive polyalkylene market by 2024.

The global polyalkylene glycol market share was exceedingly competitive in 2016 due to the presence of prominent players including Dow, INEOS, LyondellBasell, BASF, Clariant, SABIC, DuPont and Repsol.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Polyalkylene Glycol Market Size to showcase continued growth in the coming years | key players includes Bayer, Clariant, Huntsman Corporation, Akzonobel, ExxonMobil, Croda, BASF, The Dow Chemical Company, INEOS, LyondellBasell, DuPont, Shell here

News-ID: 1764904 • Views: 1045

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

All 5 Releases


More Releases for Polyalkylene

Polyalkylene Glycol Market to hit more than US$ 2.50 Billion by 2023
New York, October 24, 2018: The Global Polyalkylene Glycol Market is expected to exceed more than US$ 2.62 Billion by 2023 at a CAGR of 11.7% in the given forecast period. The scope of the report includes a detailed study of global and regional markets on Polyalkylene Glycol Market with the reasons given for variations in the growth of the industry in certain regions. The report covers detailed competitive outlook including
Polyalkylene Glycol Market Set for Rapid Growth And Trend | 2023
Transparency Market Research (TMR) has announced the addition of the new report, titled “Polyalkylene Glycol (Polyethylene Glycol (PEG), Polypropylene Glycol (PPG), and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023”. Read Report Overview @ https://www.transparencymarketresearch.com/polyalkylene-glycol-market.html The report states that the global polyalkylene glycol (PAG) market is expected to expand at a moderate 11.0% CAGR during the forecast period from 2015 to 2023. In 2014, the
Polyalkylene Glycol Market Latest Trends, Demand and Analysis 2023
Transparency Market Research (TMR) has announced the addition of the new report, titled “Polyalkylene Glycol (Polyethylene Glycol (PEG), Polypropylene Glycol (PPG), and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023”. Read Report Overview @ https://www.transparencymarketresearch.com/polyalkylene-glycol-market.html The report states that the global polyalkylene glycol (PAG) market is expected to expand at a moderate 11.0% CAGR during the forecast period from 2015 to 2023. In 2014, the
Polyalkylene Glycol (PAG) Market Research Analysis, 2017 – 2024.
Strong polyurethane (PU) foam demand is likely to make significant contribution towards polyalkylene glycol market size during the forecast period. This is attributed to extensive PU foam applications in several industries including construction, automotive, electronics etc. Thus, robust growth indicators in the aforementioned industries on account of improving socio-economic factors will boost business growth by 2024. In addition, polyols are the most consumed chemicals in manufacturing PU foam and accounts
Polyalkylene Glycol Market Key Players and Production Information analysis 2023
Transparency Market Research (TMR) has announced the addition of the new report, titled “Polyalkylene Glycol (Polyethylene Glycol (PEG), Polypropylene Glycol (PPG), and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2023”. View Full Report: https://www.transparencymarketresearch.com/polyalkylene-glycol-market.html The report states that the global polyalkylene glycol (PAG) market is expected to expand at a moderate 11.0% CAGR during the forecast period from 2015 to 2023. In 2014, the global
Polyalkylene Glycol Market- Global Industry Analysis 2023 | Research Report
Global Polyalkylene Glycol (PAG) Market: Snapshot The global market for polyalkylene glycol (PAG), also known as polyether polyols, is being boosted by a number of factors. The growing demand for polyurethane foam, which finds application in the automobile, furniture, building and construction, textiles, footwear, adhesives, and electronic components industries, is one such growth driver. The rising uptake of functional fluids and lubricants is also boosting the market for polyalkylene glycol