Polyethylene Glycol Market to be Worth $7,482.4 Million by 2030: Grand View Research, Inc.
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Read 120 page full market research report for more Insights, "Polyethylene Glycol Market Size, Share & Trends Analysis Report By Application (Medical, Personal Care, Industrial, Others), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.
Polyethylene Glycol Market Growth & Trends
Medical was the largest application for PEG, accounting for more than 40% of market share in 2022. Superior blending, hygroscopicity, and non-toxic properties of PEG have resulted in high demand for the chemical in numerous pharmaceutical products such as tablets and ointments. Increasing pharmaceutical expenditure, particularly in emerging economies of India, China, and Brazil, is expected to boost PEG market over the forecast period. Growing demand for paints & coatings coupled with the increasing use of PEG as a solvent due to its low VOC emissions is anticipated to fuel market growth over the next six years.
Polyethylene Glycol Market Segmentation
Grand View Research has segmented the global polyethylene glycol market report based on application, and region:
Polyethylene Glycol Market - Application Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
Polyethylene Glycol Market - Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
List of Key Players in Polyethylene Glycol Market
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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