Global Polyalkylene Glycol Market
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Product Code:
RP-ID-10059940 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
125 -
Category:
Chemicals -
Publisher:
Pub-ID-12
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
Global Polyalkylene Glycol Market
By Product (Polypropylene Glycol, Polyethylene Glycol), Application (Lubricants, Personal Care, Surface Active Agents, Lubricants) and Regional Market Size, Status and Forecast to 2025
Market Overview:
The global Polyalkylene Glycol market was valued at USD 245.5 million in 2016 and is projected to reach USD 418.4 million by 2025, growing at a CAGR of 6.1% from 2017 to 2025.
Polyalkylene Glycols are commonly used as viscosity builders in fire resistant and water glycol fluids. Their ability to not form a deposition on ageing is driving demand in end-use applications. The growing product innovation is expected to drive market demand over the forecast period.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Favorable properties such as high viscosity, water solubility and bio degradability
1.2 Growing automotive industry in Asia Pacific
2. Market Restraints
2.1 Crude Oil Price Fluctuation
2.2 Costlier than conventional mineral oils
Market Segmentation:
The global Polyalkylene Glycol market is segmented on the product, application and region.
1. By Product:
1.1 Polyethylene Glycol
1.2 Polypropylene Glycol
1.3 Others
2. By Application:
2.1 Lubricants
2.1.1 Compressor Lubricants
2.1.2 Refrigeration Oil
2.1.3 Fire Resistant Hydraulic Fluids
2.1.4 Gear Lubricants
2.1.5 Automotive Applications
2.1.6 Metal Working Fluids
2.1.7 Textile Lubricants
2.1.8 Food Grade Lubricants
2.2 Pharmaceuticals
2.3 Surface Active Agents
2.4 Others
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. BASF SE
2. DOW Chemical Company
3. Ineos AG
4. Huntsman
5. Clariant
6. Croda International Corp.
7. Idemitsu Kosan
8. Akzonobel NV
9. PAN Asia Chemical Corporation
10. Exxonmobil
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Polyalkylene Glycol market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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