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    Polyalkylene Glycol Market Report

    Polyalkylene Glycol Market Report
    Report code - SR1245 Delivery - 2 Weeks
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    Polyalkylene Glycol Market Size, Share, Trend, Forecast, & Industry Analysis – 2 See more...

    Impact of COVID-19 on Polyalkylene Glycol Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Polyalkylene Glycol Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Polyalkylene Glycol Market is likely to witness an impressive CAGR of 11.0% during the forecast period. Major factors such as rising demand for polyurethane foam and increasing demand for PAG-based lubricants in automobiles and refrigerator oils are expected to accelerate the growth of the market during the forecast period.

    Polyalkylene Glycol Market – Snapshot

    Growth

    11.0% for the next five years

    Major Product Type

    Polypropylene Glycol

    Major Application Type

    Polyurethane Foam

    Region with the highest demand

    Asia-Pacific

    Key Players

    BASF SE, Bayer AG, Clariant International Ltd., DuPont de Nemours, Inc., Huntsman International LLC, INEOS Group AG, LyondellBasell Industries N.V., Royal Dutch Shell Plc, Saudi Basic Industries Corporation, and The Dow Chemical Company.

    Segments' Analysis

    Polyalkylene-Glycol-Market-Dominant-Segments

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    Polyalkylene Glycol Market Share: By Product Type

    Based on the product type, the market is segmented as polyethylene glycol, polypropylene glycol, and others. Polypropylene glycol is estimated to account for the largest share of the market during the forecast period owing to its wide utilization in automotive and aviation industries as a lubricant and in deicing agent formulations. On the other hand, polyethylene glycol is expected to witness significant growth in the market on account of its versatile features making it desirable for various applications across industries including automotive, personal care, pharmaceutical, and chemical.

    Polyalkylene Glycol Market Share: By Application Type

    Based on the application type, the market is segmented as polyurethane foam, functional fluids, lubricants, personal care, pharmaceuticals, surface active agents, and others. Polyurethane foam is estimated to hold the largest share of the market during the forecast period on account of its extensive utilization across various industries such as construction, automotive, refrigeration, and aerospace. Lubricants are also estimated to witness significant growth in the market owing to their superior performance and eco-friendly nature.

    Polyalkylene Glycol Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the leading region in the market owing to rapid industrialization and urbanization, strong growth in construction industry, growing demand for PU foams, and increase in disposable income, eventually boosting the growth of various end-user industries, thereby fueling the regional market growth during the forecast period. Further, North America is estimated to witness significant growth in the market over the forecast period on account of growing demand for PU foams and lubricants in the U.S and growing pharmaceutical industry in the region.

    Polyalkylene-Glycol-Market-By-Region

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    Market Scope & Segmentation

    Polyalkylene glycol can be manufactured to be either water soluble or water insoluble and are generally used in lubricant applications and other end-user industries such as automotive, construction, personal care, and pharmaceutical.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Polyalkylene Glycol Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The polyalkylene glycol market is segmented into the following categories.

    Polyalkylene Glycol Market Size, Share, & Forecast, by Product Type:

    • Polyethylene Glycol (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polypropylene Glycol (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polyalkylene Glycol Market Size, Share, & Forecast, by Application Type:

    • Polyurethane Foam (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Functional Fluids (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Lubricants (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Personal Care (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pharmaceuticals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Surface Active Agents (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polyalkylene Glycol Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Polyalkylene-Glycol-Market-Segmentation

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    Key Players

    Some of the key players in the polyalkylene glycol market are-

    • BASF SE
    • Bayer AG
    • Clariant International Ltd.
    • DuPont de Nemours, Inc.
    • Huntsman International LLC
    • INEOS Group AG
    • LyondellBasell Industries N.V.
    • Royal Dutch Shell Plc
    • Saudi Basic Industries Corporation
    • The Dow Chemical Company.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The polyalkylene glycol market is expected to witness an impressive growth of 11.0% CAGR in the foreseeable future.

    BASF SE, Bayer AG, Clariant International Ltd., DuPont de Nemours, Inc., Huntsman International LLC, INEOS Group AG, LyondellBasell Industries N.V., Royal Dutch Shell Plc, Saudi Basic Industries Corporation, and The Dow Chemical Company are among the key players in the polyalkylene glycol market.

    Polypropylene glycol is expected to account for the largest share in the polyalkylene glycol market in the coming years.

    Polyurethane foam is expected to hold the largest share in the polyalkylene glycol market during the next five years.

    Asia-pacific is expected to be the leading polyalkylene glycol market during the forecast period.

    Rising demand for polyurethane foam and increasing demand for PAG-based lubricants in automobiles and refrigerator oils are the factors driving the growth of polyalkylene glycol market.

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