Data Bridge Market Research analyses that the polyalkylene glycol market to grow at a CAGR of 11.40% during the forecast period. Data Bridge Market Research report on Polyalkylene Glycol market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. The polyalkylene glycol market report examines the current growth, which is attributed to the focus of various airlines, defence, personal care products, and pharmaceuticals with modern variants.

Market Definition

Polyalkylene glycol is a constituent of hydrofluoric carbons derived from ethylene or propylene oxides. It is a highly reliable element that has been approved by the FDA for use in food additives. They are widely used as lubricants in the military, automotive, and aerospace industries, as well as in pharmaceuticals and the drug industry.

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Polyalkylene Glycol Market Share Analysis

The polyalkylene glycol market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to polyalkylene glycol market.

Some of the major players operating in the polyalkylene glycol market are:

·         BASF SE (Germany)

·         Dow (U.S.)

·         INEOS( Switzerland)

·         SABIC (Saudi Arabia)

·         LyondellBasell Industries Holdings B.V.( the Netherlands)

·         DuPont (U.S.)

·         Royal Dutch Shell plc ( the Netherlands)

·         Bayer AG ( Germany)

·         Clariant ( Switzerland)

·         Huntsman International LLC (U.S.).

 Global Polyalkylene Glycol Market Scope

The Polyalkylene Glycol market is segmented on the basis of type, application, end user and solubility. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

·         Polyethylene glycol

·         polypropylene glycol

·         higher polyols-adducts

·         others

On the basis of type, the polyalkylene glycol market is segmented into polyethylene glycol, polypropylene glycol, higher polyols-adducts, and others.

Solubility

·         oil soluble polyalkylene glycol

·         mineral oil soluble polyalkylene glycol

·         water soluble polyalkylene glycol

On the basis of solubility, the polyalkylene glycol market is fragmented into oil soluble polyalkylene glycol, mineral oil soluble polyalkylene glycol, and water soluble polyalkylene glycol.

Application

·         lubricants

·         functional fluids

·         surfactants

·         intermediates

·         polyurethane foam

On the basis of application, the polyalkylene glycol market is bifurcated into lubricants, functional fluids, surfactants, intermediates, and polyurethane foam. Lubricants are further sub-segmented into automotive oils, hydraulic fluids, metalworking fluids, and others.

End user

·         personal care products

·         pharmaceuticals

·         surface active agents

·         military

·         automotive

·         aerospace industry

On the basis of end user, the polyalkylene glycol market is divided into personal care products, pharmaceuticals, surface active agents, military, automotive, and aerospace industry.

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Polyalkylene Glycol Market Regional Analysis/Insights

The polyalkylene glycol market is analysed and market size insights and trends are provided by country type, application, end user and solubility as referenced above.

The countries covered in the polyalkylene glycol market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.

In the global polyalkylene glycol market, Asia-Pacific has the largest market share. Product opportunities in the Asia-Pacific personal care, pharmaceuticals, construction, automotive, and aerospace industries are expected to create profitable opportunities for the polyalkylene glycol market. Population growth in China and India, combined with rapid industrialization and urbanisation, has resulted in the development of the construction industry, which increases demand for polyalkylene foam and drives industry growth. Polyalkylene glycol-based lubricants are widely used in the automotive industry. Engine oils, gear oils, bearing oils, compressor oils, grease, heat transfer fluids, transmission fluids, and metalworking fluids all contain these lubricants. Furthermore, the polyalkylene glycol market is being driven by an increase in demand from the automotive sector.

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Our research and insights assist our clients in identifying business partners.

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