Polyalkylene Glycol Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-1629 | Report Format : | Status : Upcoming |

Abstract

Global Polyalkylene Glycol Market: Overview

Polyethylene glycol is also known as polyoxyethylene or polyethylene oxide. It is a polyether compound, which is used in various applications ranging from industrial manufacturing to medicine. Polyethylene glycol is hydrofluorocarbon that is primarily synthesized from ethylene oxides or propylene oxides. Numerous applications of the polyalkylene glycol include turbine oils, gear lubricants, pharmaceuticals, hydraulic fluid lubricants, textile, industrial air compressor fluids, and others. Polyalkylene glycol copolymers are obtained from ethylene oxides; they provide finest friction control and substitute to hydrocarbon lubricants. Polyalkylene glycol holds improved lubricity properties, great viscosity index, and low toxicity. Polyalkylene glycol, which is soluble in oil, is a better alternative to synthetic ester as a friction modifier. It provides excellent friction when used as additive. As extreme pressure gear lubricants polyalkylene glycol is used in the textile manufacturing equipment.

Global Polyalkylene Glycol Market: Growth Factors

The polyalkylene glycol is extensively used in various applications such as wind turbine lubricants and tunnel boring. Polyalkylene glycol offers several advantages that include environment friendly nature, best lubrication for compressors, low volatility in high-temperature applications, prominent energy efficiency, easy clean up of the equipment and wide scope for innovation, residue resistance property, water solubility; these benefits anticipate to foster the polyalkylene glycol market and open good opportunities in the near future. Increasing investments in R&D to produce food grade approved lubricants from polyalkylene glycol so that it can be used in the food processing industrial equipment and for the manufacturing of the innovative products is driving the growth of the market. Escalating consumption of the automotive lubricants and synthetic lubricants is globally expected to boost the growth of the market. However, the entries of the new alternatives in the market may hamper the growth of the polyalkylene glycol market.

Global Polyalkylene Glycol Market: Segmentation

The global polyalkylene glycol market is classified based on the product type, application, and solubility. Based on product type, the market is segregated into higher polyols-adducts, polypropylene glycols, polyethylene glycols, and others. The applications segment is segmented into surfactants, functional fluids, lubricants, and intermediates. On the basis of solubility, the polyalkylene glycol market is divided into mineral oil soluble polyalkylene glycol, oil soluble polyalkylene glycol, and water-soluble polyalkylene glycol.

Global Polyalkylene Glycol Market: Regional Analysis

North America is the dominating region for polyalkylene glycol market; Western Europe is following the same trend. Increasing use of the polyalkylene glycol in the synthetic lubricant industries, automotive industries, and automotive lubricant industries is anticipated to fuel the market growth in the near future. Western Europe is growing at a faster rate owing to the wide usage of polyalkylene glycol in the industrial worm gears may enhance the global polyalkylene glycol market growth. Industrial growth and development in the Asia Pacific region is fuelling the growth of the market.

Global Polyalkylene Glycol Market: Competitive Players

Major market players involved in the global polyalkylene glycol market are India Glycols Limited, Lube Tech, Idemitsu Kosan Co., Ltd., INEOS, The Dow Chemical Company, BASF, and others.

Global Polyalkylene Glycol Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Specialty Resins Market: by Resin Type (Vinyl, Epoxy, Polyamides, Unsaturated Polyester Resin, and Others) and by Application (Building & Construction, Automotive, Electrical & Electronics, Marine, Aerospace, Water Treatment, and Others) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Sep-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3375 | Report Format:

The report covers forecast and analysis for the specialty resins market on a global and regional level. The study provides historical information of 2015-2017 with a forecast from 2018 to 2024 based on both volume (Kilotons) and revenue (USD Billion). The complete study covers the key drivers and ...Read More

Paint Rollers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2024

Price : $ 3999.00 | Report Code: ZMR-3354 | Report Format:

Paint Rollers Market: Overview A paint roller is basically a tool that is used to apply paint on large flat surfaces such as walls or ceilings. The tool consists of two parts; one is the roller frame and the other is the roller cover. The frame is used to hold the roller cover which absorbs the ...Read More

Concrete Cooling Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3349 | Report Format:

Global Concrete Cooling Market: Overview Concrete cooling plays a vital role because of the importance concrete has in almost every construction process. It is a technology used to reduce the temperature of the poured concrete up to a certain level, so as to maintain the quality of the concrete....Read More

Coated Glass Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2024

Price : $ 3999.00 | Report Code: ZMR-3348 | Report Format:

Global Coated Glass Market: Overview A coating is a covering that is applied to the surface of the object. The purpose of applying the coating could be functional, decorative or both. The coating is fused into the glass surface at high temperature making it extremely hard and durable. The coat...Read More

Carbon Fiber Composites Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2024

Price : $ 3999.00 | Report Code: ZMR-3347 | Report Format:

Global Carbon Fiber Composites Market: Overview Carbon fiber is fibers about 5-10 micrometers in diameter and composed mostly of carbon atoms. These have a certain advantage including high stiffness, high tensile strength, low weight, high chemical resistance, high-temperature tolerance, and low...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.