According to the current analysis of Reports and Data, the global macrogol/polyethylene glycol (PEG) market was valued at USD 5667.81 million in 2021 and is expected to reach USD 10,074.39 million by year 2030, at a CAGR of 6.68%. Macrogol has been shown to provide water solubility and biocompatibility in medicines and different applications, and the ability to attach a range of reactive functional groups to the terminal positions of these polymers has greatly increased their utility. For instance, Macrogol 400 is very hydrophilic, which renders it a useful ingredient in drug formulations to augment the solubility and bioavailability of weakly water-soluble drugs.
The pharmaceutical industry is the emerging segment in this industry due to the fact of growing the manufacturing of eye drops and laxatives coupled with the increase in the pharmaceutical industry has improved the use of Macrogol as a solvent which will force to increase the market growth in the future. Besides, the rising demand for water-based coatings and paints for utility in automobile and development industries has additionally elevated the demand for Macrogol. This will additionally have an on affect the market positively.
However, the presence of alternatives, for mono ethylene glycol (MEG) and a range of different glycol ethers, will pose a credible risk to the Macrogol industry and negatively affect its future. The stringent environmental protocols associated with the manufacturing of private care and medical products may additionally obstruct the market boom for Macrogol.
Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/1707
Top Companies Operating in the Global Macrogol Market:
BASF, Sigma Aldrich, DOW Chemical Company, Lotte Chemical, Ineos, Croda, Liaoning Oxiranchem, Jiangsu Haian Petrochemical Plant, Shanghai Bronkow Chemical, and Oxiteno. BASF is a key player in the Macrogol (PEG) market. With a global presence in North America, Europe, Asia Pacific, and South America, Africa & Middle East, the company offers Macrogols by the name – ‘Kollisolv’. As of 2018, the company’s total revenue accounted for USD 73.9 billion.
Macrogol Market Segmentation
Type (Volume, Metric Tons; 2019-2030 and Revenue, USD Million; 2019-2030)
- PEG 200
- PEG 400
- PEG 3350
- PEG 4000
- PEG 6000
- PEG 8000
- Others
Administration Route (Volume, Metric Tons; 2019-2030 and Revenue, USD Million; 2019-2030)
- Oral
- Nasogastric
- Ophthalmic
- Topical
Usage (Volume, Metric Tons; 2019-2030 and Revenue, USD Million; 2019-2030)
- Excipient
- API
End-Use (Volume, Metric Tons; 2019-2030 and Revenue, USD Million; 2019-2030)
- Pharmaceutical Uses
- Veterinary Health
- Biotechnology
- Biomedical
- Other end-uses
To know more about the report @ https://www.reportsanddata.com/report-detail/macrogol-polyethylene-glycol-peg-market
Table of Contents:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary Sources
1.4.2. Secondary Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2030
Chapter 3. Key Insights
Chapter 4. Global Pharma & Healthcare Market Segmentation
4.1. Global Pharma & Healthcare Market COVID-19 Impact Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Porter’s Five Forces Analysis
4.5. Regulatory Framework
4.6. Price trend Analysis
4.7. Competitive Metric Space Analysis
Continued...
Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.
Explore Reports and Data's Prime Analysis of the global Materials and Chemicals Industry:
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
