Polyethylene Glycol Industry Trends, Growth, Manufacturers and Competitor Analysis to 2022 Forecast | Market Research Report


Global Polyethylene Glycol Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Polyethylene glycol (PEG) is also termed as polyethylene oxide (PEO) or polyoxyethylene (POE) is a highly utilized polyether. It is composed of repeating ethylene oxide monomeric subunits. It is exclusively used in the field of polymer chemistry. The molecular formula of PEG is H(OCH2CH2)nOH. It is exclusively used in pharmaceutical preparations and cosmetics, emulsifying or wetting agents, and lubricants as they are water-soluble liquids or waxy solids.


Polyethylene Glycol Market is segmented based on product types, source, molecular weight, end users, applications, and region. Product types such as Chemical Grade, Pharmaceutical Grade, Food Grade, and others classify the market. Molecular weight such as More Than 4000G/Mol, 1000G/Mol to 4000G/Mol, 500G/Mol to 1000G/Mol, and Less Than 500G/Mol classify Polyethylene Glycol Market.
Globally, North America accounts for the largest Market Share of Polyethylene Glycol Market and is estimated to lead the overall market in the upcoming years. Europe and Asia Pacific follow suit. On the other hand, Asia Pacific is estimated to grow at fastest pace in the upcoming years. the reason being, rising automotive, construction, and pharmaceutical industries.
The key players of Polyethylene Glycol Industry are:
·         Hemostasis LLC,
·         Actamax Surgical Materials LLC,
·         Grifols International,
·         Adhesys Medical GmbH,
·         GluStitch,
·         Adhezion Biomedical,
·         Gelita Medical AG,
·         Arch Therapeutics Inc.,
·         Cardinal Health,
·         Baxter International Inc.,
·         C.R. Bard,
·         B. Barun Melsungen AG,
·         Biom’Up SAS, and
·         Biomedical Management Corporation
These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.   

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