Global Polyethylene Glycol (PEG) Market Research Report 2023

What is Global Polyethylene Glycol (PEG) Market?

The Global Polyethylene Glycol (PEG) Market is a vast and dynamic sector that encompasses the production, distribution, and consumption of Polyethylene Glycol, a versatile polymer used in various industries. Polyethylene Glycol, often abbreviated as PEG, is a polyether compound widely used for its ability to dissolve a variety of substances, making it a vital component in many industrial processes. The global market for PEG is vast, with a wide range of applications across different sectors, including medical, personal care, and industrial. The market's value was estimated at US$ 3187.6 million in 2022, and it is projected to reach US$ 4784 million by 2029, demonstrating a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period from 2023 to 2029.

View Full Report:http://reports.valuates.com/market-reports/QYRE-Auto-22Q2282/covid-19-impact-on-global-polyethylene-glycol-peg

Global Polyethylene Glycol (PEG) Market Outlook:

The global Polyethylene Glycol (PEG) market outlook highlights the significant growth and potential of this market. In 2022, the market was valued at US$ 3187.6 million, and it is expected to grow to US$ 4784 million by 2029, reflecting a CAGR of 5.9% during the forecast period from 2023 to 2029. The Asia Pacific region is a major driver of global PEG consumption, accounting for nearly 38.22% of consumption in 2019. In terms of revenue, the top three companies in the PEG market are Dow Chemical, Ineos, and BASF, which collectively held 21.81% of the market in 2019. These figures underscore the significant role of the PEG market in the global economy and its potential for future growth.

Get Free Sample Report:http://reports.valuates.com/request/sample/QYRE-Auto-22Q2282/covid-19-impact-on-global-polyethylene-glycol-peg

Report Metric	Details
Report Name	Polyethylene Glycol (PEG) Market
Accounted market size in 2022	US$ 3187.6 in million
Forecasted market size in 2029	US$ 4784 million
CAGR	5.9%
Base Year	2022
Forecasted years	2023 - 2029
Segment by Type	Mw (＜1000) Mw (1000-10000) Mw (10000-20000)
Segment by Application	Medical Personal Care Industrial
Production by Region	North America Europe China Japan South Korea India Brazil Southeast Asia
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	Dow Chemical, Ineos, BASF, KAO, Blaunon, Liaoning Oxiranchem, Jiangsu Haian, Clariant, Croda, PCC SE, Norchem, Oxiteno, Lotte Chemical, Sanyo Chemical, India Glycols, Petronas Chemicals, Shandong Ruisheng, Jiangxi Yipusheng, Liaoning Huaxing
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends