Worldwide Shipments Of Polyalkylene Glycols Are Slated To Increase At An Impressive CAGR Of 9.1% Over The Next Ten Years

The global polyalkylene glycols market stands at a valuation of US$ 2.3 billion by 2022 and is speculated to reach a sales revenue of US$ 5.5 billion by the end of 2032. Worldwide shipments of polyalkylene glycols are slated to increase at an impressive CAGR of 9.1% over the next ten years.

The conditional demand analysis in this report helps businesses save money and time. The report also goes over the competitive landscape, highlighting key market players and their market shares. This research's analysis is based on reliable websites, organisational websites and reports, global forums, and industry experts. To ensure that the necessary data is adequately documented, primary and secondary research methods should be used. This study is beneficial to readers in both qualitative and quantitative ways.

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"Germany, France, & United Kingdom Lead European Polyalkylene Glycol Sales"

Polyalkylene glycols (PAGs) are a family of synthetic lubricants used in a variety of industrial and consumer applications. According to a recent report from Grand View Research, Germany, France, and the United Kingdom are the leading markets for PAGs in Europe. The report estimates that the European PAG market will reach $1.2 billion by 2025, with Germany accounting for nearly one-third of the total market share. The report attributes this growth to increasing demand for PAGs in automotive and industrial applications, as well as their use as coolants and lubricants in various industries. In addition, the growing popularity of bio-based PAGs is expected to drive further growth in the European market. Germany is currently the largest consumer of PAGs in Europe, with an estimated market share of 32%. This is followed by France (20%) and the United Kingdom (17%). Other major markets include Italy (10%), Spain (7%), and Russia (6%).

The report also notes that Germany is expected to remain the largest consumer of PAGs over the forecast period due to its strong automotive industry and presence of several large chemical companies. In addition, France is expected to witness significant growth due to its strong manufacturing sector and increasing demand for bio-based PAGs. The UK is also expected to experience steady growth due to its strong automotive industry and presence of several large chemical companies.

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Key Segments of Polyalkylene Glycol Industry Research

• By type:

o polyethylene glycol
o polypropylene glycol
o Higher polyol adduct
o other

• By solubility:

o oil-soluble polyalkylene glycol
o mineral oil soluble polyalkylene glycol
o water-soluble polyalkylene glycol
• After application:
o polyurethane foam
o functional fluid
o lubricant
o personal hygiene
o medicine
o surfactant
o other

• By Region :

o North America
o latin america
o Europe
o Asia Pacific
o thing

In order to estimate and predict market returns, examiners combined data, figures, and market knowledge into a wide range of comprehensive and enticing business knowledge tools.
Key market participants, including business leaders, decision-makers in government policies, and financiers in numerous nations, have continuously adjusted their procedures and methods of dealing with them to take advantage of the new opportunities.
In response to the general disruption brought on by the COVID-19 pandemic, many have recently updated their processes to maintain coordination.

Market Participants:-

• BASF SE
• Pan Asia Chemical Co., Ltd.
• Clariant
• LyondellBasell Industries Holdings BV
• Exxon Mobile
• Dow Chemical Company
• royal dutch shell plc
• Idemitsu Kosan
• Covestro AG
• Akzo Nobel NV
• Croda International Co., Ltd.
• Ineos AG
• hunter

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Table of Content

1. Global Polyalkylene Glycols Market - Executive Summary

1.1. Global Market Overview

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Fact.MR Analysis and Recommendations

2. Global Polyalkylene Glycols Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Introduction and Definition

3. Market Risks and Trends Assessment

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on Polyalkylene Glycols

3.1.2. COVID-19 Crisis and Impact on Aprotic Solvent Prices

3.1.3. COVID-19 Impact Benchmark with Previous Crisis

3.1.3.1. Change in Polyalkylene Glycols Demand

3.1.3.2. Before and After COVID-19 Crisis (Projected)

3.1.3.3. Before and After Sub-prime Crisis - 2008 (Actual)

3.1.3.4. Change in Demand post Recovery Period (After Each Crisis)

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