Versatile Solutions: Polyethylene Glycol Market Trends and Diverse Applications

1. Polyethylene Glycol Market: Size, Share, Growth, Development and Demand Forecast to 2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

2. The total value of the polyethylene glycol market was about USD 4,534.8 million in 2021, and it will grow at a CAGR of 4.8% in the years to come for reaching a value of USD 6,909.6 million by 2030, as per a report by P&S Intelligence. The PEG 400 category had the largest share, and it would grow at a momentous growth rate, of over 5%, in the years to come, on the basis on grade. This will mostly because of the fact that PEG 400 is a low-molecular-weight grade with low toxicity. Moreover, it is hydrophilic, which lets for its use in the manufacturing of drugs for increasing the bioavailability and solubility of weakly water-soluble drugs. It is likewise put to use in ophthalmic solutions for relief from the annoyance, burning, and/or uneasiness that one experiences after the drying of the eyes. The opaque liquid had the largest share in the industry in the recent past, on the basis of form. This was mostly because of the high use of this form of polyethylene glycol in the pharma sector as a release agent and excipient for capsules. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/polyethylene- glycol-peg-market/report-sample Medical category had the largest share in the recent past, and it will grow at a rate of about 5% in the years to come. This has a lot to do with the use of PEG as a dispensing agent, solvent, and delivery liquid for medicines and ointments; filler for tablets, and suppository base in ophthalmic solutions and for the treatment of constipation. Furthermore, the use of polyethylene glycol instead of MEG in the pharma industry will impact the industry positively. The pharma industry’s growth in developing economies, such as India, China, and Brazil, as well as the growing spending on technological progressions, will drive the polyethylene glycol market. PEG is put to use as an inactive ingredient in the pharma industry, such as a solvent, plasticizer, surfactant, ointment, and suppository base for capsules and tablets. Inquire before purchase@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=polyethylene-glycol-peg-market The outburst of novel ailments and increasing obesity cases, cardiovascular diseases, skeletal problems, and hypertension contribute to the growing healthcare spending all over the world, which, in order, will power the requirement for this chemical. North America had about 30% share in the past. The second-largest share of the 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

3. region is majorly credited to the high production of crude oil.As per the U.S. Energy Information Administration, the current production of crude oil is about 11 million barrels every day. Furthermore, the strong progress in the food and cosmetics & personal care sectors in the region is powering PEG use. The cosmetics & personal care business is growing because of customers’ increasing requirement for multifunctional personal care products, eventful lifestyles, and growing employed population. It is because of the increasing use of polyethylene glycol as a specialty surface- active agent in toothpastes, creams & lotions, deodorants, shampoos, lipsticks, bath oils, soaps, conditioners, and detergents, the demand for Polyethylene Glycol will be on the rise in the future. The research offers market size of the polyethylene glycol market for the period 2015–2030. Market Segmentation by Form Opaque Liquid White Wax Solid Flake/Powder Market Segmentation by Grade PEG 200 PEG 300 PEG 400 PEG 400 FCC Grade PEG 3350 PEG 4000 PEG 6000 Others Market Segmentation by Application Medical Construction & Infrastructure Industrial Personal Care Others (Automotive, Aerospace, and Plastic) Market Segmentation by Region North America Polyethylene Glycol Market • • • • • • • • • • • • • • • • • oBy form oBy grade oBy application 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

4. oBy country – U.S. and Canada Europe Polyethylene Glycol Market • oBy form oBy grade oBy application oBy country – U.K., Germany, France, Spain, Italy, and Rest of Europe Asia-Pacific (APAC) Polyethylene Glycol Market • oBy form oBy grade oBy application oBy country – China, India, Japan, Australia, South Korea, and Rest of APAC Latin America (LATAM) Polyethylene Glycol Market • oBy form oBy grade oBy application oBy country – Brazil, Mexico, and Rest of LATAM Middle East and Africa (MEA) Polyethylene Glycol Market • oBy form oBy grade oBy application oBy country – Saudi Arabia, South Africa, and Rest of MEA 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

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