Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 17.38 Billion | USD 57.73 Billion | 12.9% | 2024 |
FrequentlyAsked Questions
The global polyalkylene glycol market is expected to grow due to rising applications in pharmaceuticals and personal care products, increasing demand for high-performance lubricants, growing use in polyurethane foam production, and advancements in biodegradable and eco-friendly chemicals.
According to a study, the global polyalkylene glycol market size was worth around USD 17.38 Billion in 2024 and is expected to reach USD 57.73 Billion by 2034.
The global polyalkylene glycol market is expected to grow at a CAGR of 12.9% during the forecast period.
Asia-Pacific is expected to dominate the polyalkylene glycol market over the forecast period.
Leading players in the global polyalkylene glycol market include BASF SE, Dow, INEOS, SABIC, DuPont, Royal Dutch Shell Plc, Bayer AG, Clariant, Huntsman International LLC, and LyondellBasell Industries Holdings B.V. among others, among others.
The report explores crucial aspects of the polyalkylene glycol market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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