
Polyalkylene Glycols Market
Polyalkylene Glycols Market Forecasts to 2028 – Global Analysis By Form (Powder, Liquid), Solubility (Water, Oil), Application (Lubricants, Personal Care), Distribution Channel (Offline, Online) and By Geography

According to Stratistics MRC, the Global Polyalkylene Glycols Market is accounted for $2.66 billion in 2020 and is expected to reach $7.43 billion by 2028 growing at a CAGR of 13.7% during the forecast period. Growing automotive industry in Asia-Pacific, increase in consumption of synthetic lubricant and automotive lubricants are driving the market growth. However, fluctuating crude oil prices and high costs of the product over conventional mineral oils are hampering the growth of the market.
Polyalkylene glycol is a common name for the homopolymers or copolymers of ethylene oxide, propylene oxide, or propylene oxide. It occurs when one or more alkylene oxides react with alcohol. It is a hydrofluorocarbon that is produced from ethylene oxides or propylene oxides. Polyalkylene glycol copolymers are obtained from ethylene oxides that provide the finest friction control and act as an alternative to hydrocarbon lubricants.
Based on the type, the polypropylene glycol (PPG) segment is going to have lucrative growth during the forecast period owing to its increasing usage in a variety of foams, increasing demand for polypropylene glycol for various applications and suitable for widespread use in sectors such as chemical, medicinal, personal care, and plastics because of its flexible features. By geography, Asia Pacific is going to have high growth during the forecast period due to the growing automotive industry and the emerging the industrial sector, rising population, along with rapid industrialization and urbanization, the increased purchasing capacity of customers in the region resulting in enhanced lifestyle dynamics and strong demand for polyalkylene glycol in various applications, including manufacturing, automobile, and construction.
Some of the key players profiled in the Polyalkylene Glycols Market include Stepan Company, PAN Asia Chemical Corporation, Ineos Group, Ashland Inc., Huntsman Corporation, Exxon Mobil, Dow Chemical Company, Croda International PLC., BASF SE, Clariant AG, AkzoNobel N.V. and Idemitsu Kosan Co.
Report Coverage |
Details |
Published Year: |
2021 |
Estimated Market Size in 2020: |
USD 2.66 billion |
Estimated Period: |
2020 |
Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
13.7% |
Predicted 2028 Value: |
USD 7.43 billion |
Forecast Years: |
2021-2028 |
Tables, Graphs& Figures |
288 |
Chapters Covered: |
Form, Type, Solubility, Application, Distribution Channel and Region |
Core Drivers and Opportunities: |
|
Restraining Factors & Market Threats: |
|
Forms Covered:
• Powder
• Liquid
Types Covered:
• Polypropylene Glycol (PPG)
• Polyethylene Glycol (PEG)
• Higher Polyols-Adducts
• Copolymers
Solubility’s Covered:
• Water Soluble
• Oil Soluble
• Mineral Oil Soluble
Applications Covered:
• Functional Fluids
• Polyurethane Foam
• Lubricants
• Surface Active Agents
• Personal Care
• Pharmaceutical
• Other Applications
Distribution Channels Covered:
• Offline
• Online
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Polyalkylene Glycols Market is majorly driven by growing automotive industry in Asia-Pacific and increase in consumption of synthetic lubricant and automotive lubricants.
The polypropylene glycol (PPG) segment is growing at a highest CAGR due to its increasing usage in a variety of foams, rising demand for polypropylene glycol for various applications and suitable for widespread use in sectors because of its flexible features.
North America dominated with a significant market share due to the growing demand for polyethylene and polypropylene glycol products in automotive, construction, and other industries.
Asia Pacific region is growing at a highest CAGR owing to the growing automotive industry, the emerging industrial sector, amplified local manufacturing, and increased number of domestic players in various vertical market segments.
Key players in Polyalkylene Glycols Market include Stepan Company, PAN Asia Chemical Corporation, Ineos Group, Ashland Inc., Huntsman Corporation, Exxon Mobil, Dow Chemical Company, Croda International PLC., BASF SE, Clariant AG, AkzoNobel N.V. and Idemitsu Kosan Co.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Polyalkylene Glycols Market, By Form
5.1 Introduction
5.2 Powder
5.3 Liquid
6 Global Polyalkylene Glycols Market, By Type
6.1 Introduction
6.2 Polypropylene Glycol (PPG)
6.3 Polyethylene Glycol (PEG)
6.4 Higher Polyols-Adducts
6.5 Copolymers
7 Global Polyalkylene Glycols Market, By Solubility
7.1 Introduction
7.2 Water Soluble
7.3 Oil Soluble
7.4 Mineral Oil Soluble
8 Global Polyalkylene Glycols Market, By Application
8.1 Introduction
8.2 Functional Fluids
8.3 Polyurethane Foam
8.3.1 Flexible Foam
8.3.2 Rigid Foam
8.4 Lubricants
8.4.1 Textile Lubricants
8.4.2 Refrigeration Oil
8.4.3 Metal Working Fluids
8.4.4 Gear Lubricants
8.4.5 Food Grade Lubricants
8.4.6 Fire Resistant Hydraulic Fluids
8.4.7 Compressor Lubricants
8.4.8 Automotive Applications
8.4.9 Other Lubricants
8.4.9.1 Process Oils
8.4.9.2 Industrial Oils
8.4.9.3 Hydraulic Oils
8.5 Surface Active Agents
8.5.1 Non-Ionic Surfactants
8.5.2 Cationic Surfactants
8.5.3 Anionic Surfactants
8.6 Personal Care
8.6.1 Skin Care
8.6.1.1 Moisturizers
8.6.1.2 Lotions
8.6.1.3 Creams
8.6.2 Oral Care
8.6.2.1 Toothpastes
8.6.2.2 Mouthwash
8.6.3 Hair Care
8.6.3.1 Shampoo
8.6.3.2 Serums
8.6.3.3 Conditioner
8.6.4 Perfume & Deodorants
8.7 Pharmaceutical
8.7.1 Medicines
8.7.2 Creams & Gels
8.8 Other Applications
8.8.1 Intermediates
8.8.2 Chemical Intermediates
8.8.3 Additive
9 Global Polyalkylene Glycols Market, By Distribution Channel
9.1 Introduction
9.2 Offline
9.3 Online
10 Global Polyalkylene Glycols Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Stepan Company
12.2 PAN Asia Chemical Corporation
12.3 Ineos Group
12.4 Ashland Inc.
12.5 Huntsman Corporation
12.6 Exxon Mobil
12.7 Dow Chemical Company
12.8 Croda International PLC.
12.9 BASF SE
12.10 Clariant AG
12.11 AkzoNobel N.V.
12.12 Idemitsu Kosan Co.
List of Tables
1 Global Polyalkylene Glycols Market Outlook, By Region (2019-2028) ($MN)
2 Global Polyalkylene Glycols Market Outlook, By Form (2019-2028) ($MN)
3 Global Polyalkylene Glycols Market Outlook, By Powder (2019-2028) ($MN)
4 Global Polyalkylene Glycols Market Outlook, By Liquid (2019-2028) ($MN)
5 Global Polyalkylene Glycols Market Outlook, By Type (2019-2028) ($MN)
6 Global Polyalkylene Glycols Market Outlook, By Polypropylene Glycol (PPG) (2019-2028) ($MN)
7 Global Polyalkylene Glycols Market Outlook, By Polyethylene Glycol (PEG) (2019-2028) ($MN)
8 Global Polyalkylene Glycols Market Outlook, By Higher Polyols-Adducts (2019-2028) ($MN)
9 Global Polyalkylene Glycols Market Outlook, By Copolymers (2019-2028) ($MN)
10 Global Polyalkylene Glycols Market Outlook, By Solubility (2019-2028) ($MN)
11 Global Polyalkylene Glycols Market Outlook, By Water Soluble (2019-2028) ($MN)
12 Global Polyalkylene Glycols Market Outlook, By Oil Soluble (2019-2028) ($MN)
13 Global Polyalkylene Glycols Market Outlook, By Mineral Oil Soluble (2019-2028) ($MN)
14 Global Polyalkylene Glycols Market Outlook, By Application (2019-2028) ($MN)
15 Global Polyalkylene Glycols Market Outlook, By Functional Fluids (2019-2028) ($MN)
16 Global Polyalkylene Glycols Market Outlook, By Polyurethane Foam (2019-2028) ($MN)
17 Global Polyalkylene Glycols Market Outlook, By Flexible Foam (2019-2028) ($MN)
18 Global Polyalkylene Glycols Market Outlook, By Rigid Foam (2019-2028) ($MN)
19 Global Polyalkylene Glycols Market Outlook, By Lubricants (2019-2028) ($MN)
20 Global Polyalkylene Glycols Market Outlook, By Textile Lubricants (2019-2028) ($MN)
21 Global Polyalkylene Glycols Market Outlook, By Refrigeration Oil (2019-2028) ($MN)
22 Global Polyalkylene Glycols Market Outlook, By Metal Working Fluids (2019-2028) ($MN)
23 Global Polyalkylene Glycols Market Outlook, By Gear Lubricants (2019-2028) ($MN)
24 Global Polyalkylene Glycols Market Outlook, By Food Grade Lubricants (2019-2028) ($MN)
25 Global Polyalkylene Glycols Market Outlook, By Fire Resistant Hydraulic Fluids (2019-2028) ($MN)
26 Global Polyalkylene Glycols Market Outlook, By Compressor Lubricants (2019-2028) ($MN)
27 Global Polyalkylene Glycols Market Outlook, By Automotive Applications (2019-2028) ($MN)
28 Global Polyalkylene Glycols Market Outlook, By Other Lubricants (2019-2028) ($MN)
29 Global Polyalkylene Glycols Market Outlook, By Surface Active Agents (2019-2028) ($MN)
30 Global Polyalkylene Glycols Market Outlook, By Non-Ionic Surfactants (2019-2028) ($MN)
31 Global Polyalkylene Glycols Market Outlook, By Cationic Surfactants (2019-2028) ($MN)
32 Global Polyalkylene Glycols Market Outlook, By Anionic Surfactants (2019-2028) ($MN)
33 Global Polyalkylene Glycols Market Outlook, By Personal Care (2019-2028) ($MN)
34 Global Polyalkylene Glycols Market Outlook, By Skin Care (2019-2028) ($MN)
35 Global Polyalkylene Glycols Market Outlook, By Oral Care (2019-2028) ($MN)
36 Global Polyalkylene Glycols Market Outlook, By Hair Care (2019-2028) ($MN)
37 Global Polyalkylene Glycols Market Outlook, By Perfume & Deodorants (2019-2028) ($MN)
38 Global Polyalkylene Glycols Market Outlook, By Pharmaceutical (2019-2028) ($MN)
39 Global Polyalkylene Glycols Market Outlook, By Medicines (2019-2028) ($MN)
40 Global Polyalkylene Glycols Market Outlook, By Creams & Gels (2019-2028) ($MN)
41 Global Polyalkylene Glycols Market Outlook, By Other Applications (2019-2028) ($MN)
42 Global Polyalkylene Glycols Market Outlook, By Intermediates (2019-2028) ($MN)
43 Global Polyalkylene Glycols Market Outlook, By Chemical Intermediates (2019-2028) ($MN)
44 Global Polyalkylene Glycols Market Outlook, By Additive (2019-2028) ($MN)
45 Global Polyalkylene Glycols Market Outlook, By Distribution Channel (2019-2028) ($MN)
46 Global Polyalkylene Glycols Market Outlook, By Offline (2019-2028) ($MN)
47 Global Polyalkylene Glycols Market Outlook, By Online (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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