Press release
Polyalkylene Glycol Market Forecasts - $18 billion revenue by 2024, Top Companies are BASF, AkzoNobel, INEOS, Dow Chemical
Polyalkylene Glycol Market
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Polyalkylene Glycol Market in personal care sector is likely to witness significant growth in the coming years, as the product is extensively used to manufacture hair items, toothpastes, and shampoos. Growing consumer consciousness about maintaining cleanliness coupled with the rise in their incomes will drive the business growth.
Polyalkylene glycol market has laid firm foundations across different topographies. For instance, Asia Pacific, which contributed nearly USD 3 billion towards global polyalkylene glycol industry revenue in 2016, is expected to make significant contributions toward the overall industry size over the next few years. Escalating product sales across pharmaceuticals, construction, and vehicle sectors will boost the regional revenue. India and China with rising population along with increase in the spending capacity are the key growth drivers.
Major players in polyalkylene glycol market include The Dow Chemical Company, Saudi Basic Industries Corporation (SABIC), BASF SE, Bayer AG, Exxon Mobil Corporation, Ineos Group AG, LyondellBasell Industries N.V., Royal Dutch Shell plc, Clariant International AG, E. I. du Pont de Nemours and Company, Repsol S.A., Huntsman International LLC, Croda International PLC, Akzo Nobel N.V., and Idemitsu Kosan Company Limited.
Polyalkylene glycol market size in the lubricants sector is slated to expand at a cumulative rate of more than 10.5% over the coming timeframe, subject to the growing use of the product in car engines, aircrafts, vehicle parts, and marine applications for enhancing their performance. Surging product demand subject to its beneficial characteristics such as eco-friendliness and oxidation stability is certain to impel the regional growth.
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Asia Pacific Polyalkylene Glycol Market is slated to experience a remarkable surge over the years ahead. Rise in the number of construction projects along with escalating demand for personal care items & medicines will favorably leverage the business sphere. India and China are likely to drive the regional share.
North America polyalkylene glycol market is slated to expand at a rate of over 11% during the period from 2017 to 2024, subject to high PU foam and lubricant sales witnessed in the countries such as the U.S. Large presence of major players across the pharmaceuticals sector in the U.S. will further boost the industry growth.
Table Of Content For This Research Report:
Chapter 4. Polyalkylene Glycol Market, By Product
4.1. Polyalkylene glycol market share by product, 2016 & 2024
4.2. Polyethylene Glycol (PEG)
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts by region, 2013 – 2024
4.3. Polypropylene Glycol (PPG)
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts by region, 2013 – 2024
4.4. Others
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts by region, 2013 – 2024
Chapter 5. Polyalkylene Glycol Market, By Application
5.1. Polyalkylene glycol market share by Application, 2016 & 2024
5.2. Polyurethane foam
5.2.1. Polyalkylene glycol market estimates and forecasts, 2013 – 2024
5.2.2. Polyalkylene glycol market estimates and forecasts by region, 2013 – 2024
5.3. Functional fluids
5.3.1. Market estimates and forecasts, 2013 – 2024
5.3.2. Market estimates and forecasts by region, 2013 – 2024
5.4. Lubricants
5.4.1. Market estimates and forecasts, 2013 – 2024
5.4.2. Market estimates and forecasts by region, 2013 – 2024
5.5. Personal care
5.5.1. Market estimates and forecasts, 2013 – 2024
5.5.2. Market estimates and forecasts by region, 2013 – 2024
5.6. Pharmaceuticals
5.6.1. Market estimates and forecasts, 2013 – 2024
5.6.2. Market estimates and forecasts by region, 2013 – 2024
5.7. Surface active agents
5.7.1. Market estimates and forecasts, 2013 – 2024
5.7.2. Market estimates and forecasts by region, 2013 – 2024
5.8. Others
5.8.1. Market estimates and forecasts, 2013 – 2024
5.8.2. Market estimates and forecasts by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/polyalkylene-glycol-market
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