Press release
Polyethylene Glycol Market is projected to reach USD 6.95 billion by 2030 : Cognitive Market Research
Polyethylene Glycol Market is projected to reach USD 6.95 billion by 2030 : Cognitive Market Research
- Polyethylene glycol (PEG) is a hydrophilic polymer of ethylene oxide. PEG is a suitable synthetic dressing material for wound healing due to its non-immunogenic, biocompatible, and flexible properties. The low-toxic PEG macromers can be given at the location of the wound and are well-bonded with growth factors like EGF. PEG can be combined with chitosan and PLGA to increase its mechanical stability.
Summary:
- As per our research, the polyethylene glycol market was valued at USD 4.73 billion in 2022, which will increase at a 5.1% CAGR from 2023 to 2030, reaching USD 6.95 billion in 2030. Increasing demand for medicines, usage of PEGlycation technology in biotechnological and pharmaceutical applications, and demand for water-based paint are the major driving factors for the polyethylene glycol market.
"To know more The Polyethylene Glycol Market statistics click here: https://www.cognitivemarketresearch.com/polyethylene-glycol-market-report
Market Dynamics:
- Increasing demand for medicines, usage of PEGlycation technology in biotechnological and pharmaceutical applications, and demand for water-based paint are the major driving factors for the polyethylene glycol market. Due to the increasing worldwide population, the demand for medicines is automatically increasing which is fuelling the growth of the market. In addition, the increasing PEG applications in pharmaceuticals and paints can create ample opportunities for the polyethylene glycol market. However, viscosity stability issues in PEG and strict regulations in the pharmaceutical industry can hamper the growth of the market in the future.
Market Segmentation:
Grade:
• PEG 200
• PEG 300
• PEG 400
• PEG 600
• PEG 1000
• PEG 3350
• PEG 4000
• PEG 6000
• PEG 8000
• PEG 10000
• PEG 20000
Form:
• Opaque Liquid
• White Waxy Solid
• Flakes/ Powder
Packaging Material:
• Plastic Bottles
• Drums Bags
Application:
• Healthcare
• Building and Construction
• Industrial
• Cosmetics/Personal Care
• Others
The Major Players in Polyethylene Glycol Market are:
BASF, DowDuPont, Croda Inc., Ineos, Liaoning Oxiranchem, Jiangsu Haian Petrochemical Plant, India Glycols
Get free sample pages of latest published Polyethylene Glycol Report:
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Regional Analysis:
- Geographically, Asia Pacific is expected to dominate the market, and also it will maintain its dominance in the upcoming period. This is due to the strong presence of the major market players and the growing pharmaceutical industry in this region. Further, North America is estimated as the second largest market for Polyethylene Glycol Market, owing to the strong growth of the cosmetics & personal care & food industries. Polyethylene Glycol has applications in these industries, which is fuelling the growth of Polyethylene Glycol market in this region.
News
- MOVICOL HD Launched, a New Dosage Form Added to Polyethylene Glycol Chronic Constipation Treatment in Japan (May 2022)
EA Pharma Co., Ltd. and Mochida Pharmaceutical Co., Ltd. announced that "MOVICOL HD", a chronic constipation treatment, was launched by EA Pharma and Mochida. MOVICOL HD is a high-dose formulation of existing "MOVICOL LD", the first polyethylene glycol indicated for the treatment of chronic constipation1) in Japan.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Polyethylene Glycol Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Polyethylene Glycol Market Segmentation
1.5.1 Polyethylene Glycol Market Regional Fragmentation
1.5.1 Polyethylene Glycol Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Polyethylene Glycol Market
• 3.1 Global Polyethylene Glycol Market Size 2018 - 2030, (USD Million)
• 3.2 Global Polyethylene Glycol Market Statistics 2022: Snapshot
Chapter 4 Global Polyethylene Glycol Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Polyethylene Glycol Market by Grade Segmentation Analysis (2018-2030)
Chapter 9 Global Polyethylene Glycol Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Polyethylene Glycol Market by Form Segmentation Analysis (2018-2030)
Chapter 11 Global Polyethylene Glycol Market by Packaging Material Segmentation Analysis (2018-2030)
Chapter 12 Global Polyethylene Glycol Market Regional Analysis
Chapter 13 North America Polyethylene Glycol Market Outlook (2018 - 2030)
Chapter 14 Europe Polyethylene Glycol Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Polyethylene Glycol Market Outlook (2018 - 2030)
Chapter 16 Latin America Polyethylene Glycol Market Outlook (2018 - 2030
Chapter 17 Middle East and Africa Polyethylene Glycol Market Outlook (2018 - 2030)
Chapter 18 Research Findings
To know more Polyethylene Glycol Market TOC click here: https://www.cognitivemarketresearch.com/polyethylene-glycol-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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