The global Macrogol/Polyethylene Glycol (PEG) market size was USD 5667.81 Million in 2021 and is expected to register a revenue CAGR of 6.68% during the forecast period. The major factor driving market revenue growth is rising product demand from various end-use sectors, such as pharmaceuticals, construction, personal care, transportation, and metal mining. PEG is a versatile polyether used in various applications, particularly in medicine. Polyethylene oxide (PEO) can also be called PEG, and generally, macromolecules with molecular weight less than 20,000 g/mol are called PEG, while those with molecular weight above 20,000 g/mol are called PEO. PEGylation is a process that bonds PEG to another molecule and has the potential to be used as a therapeutic treatment.

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Top Players in the Global Macrogol/Polyethylene Glycol (PEG)  Market:

BASF SE, Croda Industrial Chemicals, Dow Chemical, Ineos, Jiangsu Haian Petrochemical Plant, Liaoning Oxiranchem Inc., LOTTE Chemical, Sasol Limited, Shanghai Bronkow Chemical, Sigma-Aldrich, and Oxiteno.

PEG has industrial and pharmaceutical uses, as many of its compounds are hydrophilic. Industrially, these compounds are used in cosmetics as surfactants and also in emulsifiers, detergents, humectants, and skin conditioners, while in the pharmaceutical sector, they are used as laxatives. PEG has been approved by the Food and Drug Administration (FDA) for treatment of constipation in patients 17 years of age and older, and it is preferred over other agents for chronic constipation and disimpaction, due to its less adverse effects and a better-tasting profile. This laxative is safer than macrogol electrolyte lavage solution, due to lack of salt absorption. Additionally, this compound is a hydrophilic polymer that can be used in a dip-coating process to improve the anti-fouling coatings of Polydimethylsiloxane (PDMS) devices for biological and biomedical applications. Intensive use of macrogol in end-use industries, such as pharmaceutical, coatings, and cosmetics, is expected to drive market revenue growth over the forecast period.

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Market segmentation based on Form Outlook:

• Opaque Liquid
• White Waxy Solid
• Flakes/Powder

Grade Outlook:

• Polyethylene Glycol 200
• Polyethylene Glycol 300
• Polyethylene Glycol 400
• Polyethylene Glycol 400 FCC
• Polyethylene Glycol 3350
• Polyethylene Glycol 4000
• Polyethylene Glycol 6000
• Others

Downstream Derivatives Outlook:

• Polyethylene Glycol Stearate
• Peg 12-Hydroxystearate
• Peg 12-Acyloxy-Stearates
• Peg Alkyl Ether
• Polyethylene Glycol 400 Diisostearate
• Peg-8 Oleate
• Peg 400 Monolaurate
• Polyethylene Glycol 400 Diricinoleate
• Others

End-Use Outlook:

• Pharmaceutical
• Industrial
• Plasticizer
• Building Construction
• Adhesives
• Paints Coatings
• Personal Care
• Hair Care Products
• Skin Care Products
• Textile
• Transportation
• Metal Mining
• Cleaners
• Soaps Detergents
• Toilet Cleaners
• Others

Regional Outlook:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

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Frequently Asked Questions Answered in the Report:

• What is the estimated revenue growth rate of the global Macrogol/Polyethylene Glycol (PEG) market over the forecast period?
• What are the major factors driving the global market revenue growth?
• Which are the leading manufacturers and suppliers in the global Macrogol/Polyethylene Glycol (PEG) market?
• Which regional market is expected to lead in terms of revenue share in the global Macrogol/Polyethylene Glycol (PEG) market over the forecast years?
• What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?

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