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Table of Contents
Polyethylene glycol (PEG) is basically a polyether compound with structural formula H−(O−CH2−CH2)n−OH. It is prepared by the reaction of ethylene oxide and water under pressure in the presence of a catalyst. Polyethylene glycol is available in three different forms depending on molecular weight. These are PEG which is miscible in all other grades of PEG in various proportions. The PEG which are available in liquid form are soluble in acetone, alcohols, benzene, glycerin, and glycols. Solid PEGs are soluble in acetone, dichloromethane, ethanol (95%), and methanol. They are also soluble in aliphatic hydrocarbons and ether. But they are insoluble in fats, fixed oils, and mineral oil. PEG is biologically inert, nontoxic, non-immunogenic, hydrophilic (water soluble), highly flexible.
Due these properties, PEG is useful in many applications such as Pharmaceutical, Medical, commercial, industrial, and biological. PEG is used in tablet formulations to enhance effectiveness of binders and impart plasticity to granules by combining it with another binder. It is used as lubricants. It is used as plasticizer in coating formulations. PEG in solid forms is used to improve ductility of coating and to prevent rupture of the coating. It is also used to improve solubility of drugs with poor solubility by solid dispersion of appropriate polyethylene grade.
PEG is useful in preparing urethane hydrogels, which are used as controlled-release agents. PEG is also useful in commercial applications such as anti-foaming agent in food, in many skin creams and in toothpastes as a dispersant. Depending on product type, activated polythene glycol market is split into Activated PEGs for Amine PEGylation, Activated PEGs for C-Terminal PEGylation, Activated PEGs for N-terminal PEGylation and Activated PEGs for Thiol PEGylation. Geographically, Global Activated Polythene Glycol (PEG) sale market is segmented into regions North America, Europe, China, Japan, Southeast Asia, India, Africa and Latin America.
The rapid growth in biotechnology and molecular biology during the last two decades has contributed to a substantial increase in the number of biological products such as proteins, peptides, hormones and enzymes for pharmaceutical applications. With increasing downstream demand, global sales of the product has increased globally. In the future, we predict that global demand will continue to increase. Due rapid growth in pharmaceutical and chemical industries, the demand for PEG is increasing. These are the main factors responsible for increasing growth rate of PEG sale market.
Profshare Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end-users / regions. Our study on Activated Polyethylene Glycol (PEG) helps users to make precise decision to expand their market presence and increase their market share. The competitive landscape in the report offers detailed profiles of the key players in Activated Polyethylene Glycol (PEG). The report also covers financial overview, market strategies, new product analysis and marketing trends. Precise Competitive analysis helps businesses to build new product strategies.
Activated Polyethylene Glycol (PEG) Market : Product Type
Activated Polyethylene Glycol (PEG) Market : End Users/ Applications
Global Activated Polyethylene Glycol (PEG) Market: Companies Covered
Geographical analysis of Activated Polyethylene Glycol (PEG) Market includes :
Global Activated Polyethylene Glycol (PEG) Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 181.86 million |
Forecast Value (2031) |
USD 226.72 million |
CAGR (2025-2030) |
3.2 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Activated Polyethylene Glycol (PEG) Market was valued at around USD 181.86 million in 2023 & estimated to reach USD 226.72 million by 2030.
Activated Polyethylene Glycol (PEG) Market is likely to grow at Compound Annual Growth Rate (CAGR) of 3.2% between 2024 to 2030.
Activated Polyethylene Glycol (PEG) Market is dominated by the Linear PEGs segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Activated Polyethylene Glycol (PEG) Market are NOF, JenKem Technology, Laysan Bio, Merck, Creative PEGWorks.
Primary driving factors for the growth of the Activated Polyethylene Glycol (PEG) Market include Rapid growth in pharmaceutical and chemical industries.
Yes, the report includes COVID 19 impact on the market.
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