Asia-Pacific polyethylene glycol market is expected to reach at a CAGR of 6.2% in the forecast period of 2019 to 2026. The market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Market Segmentation

By Grade (Polyethylene Glycol 200, Polyethylene Glycol 300, Polyethylene Glycol 400, Polyethylene Glycol 400 FCC Grade, Polyethylene Glycol 3350, Polyethylene Glycol 4000, Polyethylene Glycol 6000, Others), Form (Opaque Liquid, White Waxy Solid, Flakes/Powder), Application (Healthcare, Building and Construction, Industrial, Cosmetics/Personal Care, Others), Country (China, India, Japan, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific)

Major growing sectors under the market segmentation are as follows:

? On the basis of grade, polyethylene glycol 400 segment is growing with the highest CAGR as it is of low toxicity and widely used for drug formulations in the pharmaceutical industry and bioavailability of weak water-soluble drugs.
? On the basis of form, opaque liquid segment is growing with the highest CAGR because it is utilized as a lubricating agent in the processing plants and as wetting and thickening agents in the cosmetics & medical auxiliaries. It has heat transfer fluids provide excellent high temperature performance which is promoting its usage in various industries.
? On the basis of application, healthcare segment has the highest growing CAGR due to the increasing health related issues require medicines and ointments where Polyethylene glycol is utilized as solvent, ointment, tablet and capsule lubricants as it is an active pharmaceutical ingredient. It is widely used as film coating agent in tablets preventing the rupture or damage of these coating films in tablets.

Key Market Players

The key market players are listed below:
? SABIC
? LOTTE Chemical CORPORATION
? INEOS
? Croda International Plc
? BASF SE
? Dow
? Liaoning Oxiranchem, Inc.
? India Glycols Limited
? Mitsui Chemicals, Inc.
? Merck KGaA
? Liaoning Kelong Fine Chemical Co., Ltd.
? Dynalene, Inc.
? ProChem
? Inc International
? Noah Technologies Corporation
? Mil-Spec Industries Corporation
? Norq
? Clariant
? HAPEC
? Shanghai Bronkow Chemical Co.,Ltd
? Shanghai Taijie Chemical Co., Ltd