Press release
Polyethylene Glycol Market 2022 Industry Size, Share, Trends, Opportunities, Growth Analysis and Forecast to 2030 | Dow Chemical, Ineos, BASF
Request To Download Sample of This Strategic Report :-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1586
Essentially a polyether molecule, polyethylene glycol (PEG), has the structural formula H(O)(CH2CH2)n(OH)). Ethylene oxide and water react under pressure with the help of a catalyst to create it. Depending on the molecular weight polyethylene glycol is available in three different forms. These are PEGs that, in varying amounts, are miscible with all other grades of PEG. PEG is soluble in acetone, alcohols, benzene, glycerin, and glycols and is accessible in liquid form. PEG is flexible, non-immunogenic, non-toxic, hydrophilic (water-soluble), and physiologically inert. PEG has several uses, including those in the pharmaceutical, medical, business, industrial, and biological fields. In tablet formulations, PEG is combined with another binder to increase the efficiency of binders and give granules plasticity.
Factors Influencing Market Growth
The increasing product demand from the automotive and chemical industries and the growing penetration of Polyethylene Glycol (PEG) in the aerospace industry drive the global market.
The growing building and construction industry has increased the production and accessibility of different grades of polyethylene glycol, particularly for the use of water-based paints to provide a high-quality protective coating boosting the global market growth.
The rising awareness about its advantages, such as non-toxicity, solubility, and wear resistance in organic solvents fuel the global market growth.
The availability of alternatives such as MEG and other glycol ethers may slow down the overall market growth.
Impact Analysis of COVID-19
The COVID-19 pandemic has had an impact on the polyethylene glycol market's productivity and operations. In order to stop the coronavirus from spreading, many nations implemented some sort of shutdown. Across the entire value chain, this had an impact on the transportation and distribution of the product and raw materials. Additionally, the pandemic-related economic slowdown has compelled end-user industries to reduce their operational rates. The credit crunch, lockdowns, and travel restrictions worldwide had affected the production and important end-user markets. The global introduction of vaccinations and quick immunization campaigns will limit the spread of illnesses and promote economic growth.
Regional Analysis
The Asia Pacific region garnered a substantial market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the rising utilization in the region's developing medical and pharmaceutical, automotive, and building and construction sectors. In addition, the growing usage of water-based coatings, paints, and inks in the construction industry.
Get a Sample PDF copy of the report @
https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1586
Leading Competitors
The leading prominent companies profiled in the global polyethylene glycol market are:
Dow Chemical
Ineos
BASF
KAO
Blaunon
Liaoning Oxiranchem
Jiangsu Haian
Clariant
Croda
PCC SE
Norchem
Oxiteno
Lotte Chemical
Sanyo Chemical
India Glycols
Petronas Chemicals
Shandong Ruisheng
Jiangxi Yipusheng
Liaoning Huaxing
Other Prominent Players
Scope of the Report
The global polyethylene glycol market segmentation focuses on Type, Application, and Region.
Segmentation based on Type
Mw (>1000)
Mw (1000-10000)
Mw (10000-20000)
Segmentation based on Application
Medical
Personal Care
Industrial
Inquire more and share questions if any before the purchase on this report at:-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1586
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Meta Title: Polyethylene Glycol Market Size, Share, Insight, and Forecast 2022 to 2030
Meta Description: Global Polyethylene Glycol Market is projected to reach US$ 7.5 billion by the end of 2030 from US$ 4.8 billion in 2021, at a CAGR of 5.1%
Meta Keywords: polyethylene glycol market Size, polyethylene glycol market share, polyethylene glycol market trend, polyethylene glycol market Forecast, polyethylene glycol market insight
Key questions answered in the global market report are:
-- How does a global company acquire markets?
-- What are its core strategies and policies?
-- What factors will influence the market over the forecast period?
-- What are the factors driving and restraining the market?
-- What are the leading competitors in the global market?
-- Which region is growing at a higher pace in the global market?
Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc1586
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES Tel: +1 888 212 3539 (US - TOLL FREE)
Website:https://www.reportocean.com/
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 Polyethylene Glycol Market 2022 Industry Size, Share, Trends, Opportunities, Growth Analysis and Forecast to 2030 | Dow Chemical, Ineos, BASF here
News-ID: 2867285 • Views: …
More Releases from Report Ocean
Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques fo …
The Japan Internet Advertising Market has demonstrated remarkable growth, reaching a valuation of USD 29.49 Billion in 2021. With the digital landscape continually evolving, it is forecasted to soar to an impressive USD 112.04 Billion by 2027. This surge represents an anticipated compound annual growth rate (CAGR) of 24.9% over the projected period, highlighting the dynamic and rapidly expanding nature of the digital advertising sector in Japan.
Internet Advertising are set…
Location Analytics Market Through the Looking Glass Techniques for a Profound Un …
This comprehensive market research report offers an in-depth analysis of the global location analytics market from 2019 to 2026. Valued at USD 10,813.6 million in 2019, the market is forecasted to surge to USD 29,878.5 million by 2026, demonstrating a robust Compound Annual Growth Rate (CAGR) of 15.6% throughout the projection period. This report delves into the key drivers, restraints, opportunities, and challenges that are shaping the market, providing stakeholders…
Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Obser …
The Global Affiliate Marketing Platform Market, valued at USD 19,217.4 million in 2021, is projected to witness significant growth over the next decade, reaching an estimated value of USD 36,902.1 million by 2030.
This report provides an in-depth analysis of the market dynamics, growth drivers, challenges, and opportunities that will influence the affiliate marketing landscape over the forecast period of 2021-2030. With a Compound Annual Growth Rate (CAGR) of 7.7%,…
Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
The global clear brine fluids market was valued at US$ 0.95 billion in 2021. It is anticipated to experience growth, reaching a valuation of US$ 1.39 billion by 2030. This growth trajectory translates to a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2022 to 2030. Clear brine fluids, crucial in the oil and gas industry for drilling and completion processes, are poised for increased demand,…
More Releases for PEG
Biopharma PEG Delivers Innovative PEG Solutions for Enhanced Drug Efficacy
Watertown, MA - October 24, 2024 - Biopharma PEG is excited to announce its extensive offerings of polyethylene glycol (PEG) products, including monofunctional, homobifunctional, heterobifunctional, and multi-arm PEGs, tailored for PEGylation in biopharmaceutical applications. With over 40 PEGylated drugs approved globally, the role of PEGylation in drug development is more critical than ever.
PEGylation provides numerous advantages, such as improved solubility, enhanced stability, and increased circulation time in the bloodstream. By…
Biopharma PEG Expands Multi-Arm PEG Product Line
Biopharma PEG, a leader in PEG derivatives, is excited to announce the expansion of its high-purity Multi-Arm PEG linker product line, catering to the evolving needs of the medical and bioorganic fields. These advanced PEG linkers are available in various functional groups and molecular weights ranging from 1k to 40k, offering unmatched versatility and performance for research and development in cutting-edge medical applications.
"Biopharma PEG is committed to delivering high-purity multi-arm…
Biopharma PEG Supplies PEG Products Used For Infectious Disease Vaccines
As of January 1, 2023, global vaccine development includes a total of 966 vaccine candidates, of which 23% (220) are traditional inactivated or attenuated vaccines. Advances in molecular technology have facilitated the development of other platforms, such as recombinant protein vaccines, nucleic acid vaccines, and viral vector vaccines, which have further diversified global vaccine development.
Recombinant protein vaccines accounted for the largest proportion of all pipeline in development, 22% (215), due…
Biopharma PEG Supplies PEG Products For Click Chemistry Reactions
What is "click chemistry"? "Click Chemistry", this is a literary name given to this kind of reaction by the Nobel Prize winner K.Burry Sharless, when the cards are put together, "click" (click). Simply put, it is to add two structures to two molecules respectively, and these two structures can be specifically combined to synthesize the required chemical molecules. One of the most famous click-chemistry reactions is the Cu-catalyzed azide-alkyne cycloaddition…
Biopharma PEG Develops PEG Linkers for Antibody Drug Conjugates
Antibody-drug conjugate (ADC) is one of the fastest growing fields in tumor therapy, which consists of monoclonal antibody (Antibody), linker (Linker) and active drug (Payload). So far, there are only 15 drugs on the market in the world. However, with the development of some perfect antibody modification techniques, advanced site-specific coupling techniques and powerful small-molecule toxins, ADC drug research has mushroomed and a large number of ADC drugs are in…
Biopharma PEG Provides Multi-arm PEG Derivatives Crosslinked Into Hydrogels
Polyethylene (ethylene glycol) is a hydrophilic polymer that can have a very high water content when cross-linked into a network. Polyethylene glycol (PEG) is a suitable material for biological applications because it does not normally elicit an immune response. Since the 1970s, PEG has been used to modify therapeutic proteins and peptides in order to increase their solubility, reduce their toxicity, and prolong their cyclic half-lives. In the late 1970s,…
