Polyalkylene Glycol Market Volume Forecast And Value Chain Analysis -2023

11/set/2019 09:16:51 Tejas Amale Contatta l'autore

Market Scenario:

The Polypropylene Glycol Market is the leading segment of the market of its growing consumption as well as rigid foams, and others in the automotive, construction, and other industries. These materials provide enhanced energy, strength and flexibility to the product.

The Polyurethane Foam is the leading application in the market and is anticipated to observe a higher CAGR due to the use of the product.

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Competitive Analysis:

Some of the major players in the Global Polyalkylene Glycol Market are BASF SE (Germany), The Dow Chemical Company (US), INEOS (Switzerland), SABIC (Saudi Arabia), LyondellBasell Industries Holdings BV (the Netherlands), DuPont (US ), Royal Dutch Shell plc (the Netherlands), Bayer AG (Germany), Clariant (Switzerland), and Huntsman International LLC (US) among others.

Regional Analysis:

The Global Polyalkylene Glycol Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major market for polypropylene glycol product in various applications. Countries such as China, Japan, and India are the major players in this region. The North American region is estimated to have increased growth in the US, Canada, and Mexico by increasing demand for lubricants in the automotive, aviation, industrial, and other systems. The enactment of new rules and regulations by weight loss in end-use industries. Moreover, it is projected that the advancing research &

The Middle East & Africa is estimated to observe a significant growth due to increased consumption of polyalkylene glycol in end-use industries. In addition, the growing demand for polyurethane foams in the automotive, pharmaceutical, and other industries is projected to boost the market in the Latin American region.

Market Segmentation:

The Global Polyalkylene Glycol Market is segregated into the product and application. The market is segmented into polyethylene glycol, polypropylene glycol, and other segments. On the basis of application, the market is segregated into polyurethane foam, functional fluids, lubricants, personal care, pharmaceuticals, surface active agents, and others.

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