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Published Date: 2015-06-10Number of Pages: 150

Polyalkylene Glycol (Polyethylene Glycol (PEG), Polypropylene Glycol (PPG), and Others) Market for Polyurethane (PU) Foam, Functional Fluids, Lubricants, Personal Care, Pharmaceutical, Surface Active Agents, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023

Polyalkylene Glycol (PAG) are polymers obtained by the addition of one or more repeating epoxides. These are also known as polyether polyols, polyglycols polyalkylene oxides, and polyethers. PAG includes the E-series and P-series adducts and block copolymers. PAG finds major application in the manufacturing of polyurethane foams, lubricants, surface active agents, and functional fluids. Polyethylene glycol (PEG) and polypropylene glycol (PPG) are the two major PAGs used in the industry. PEG is derived from ethylene oxide (EO), while PPG is derived from propylene oxide (PO). Most large global players have integrated operations and are the captive consumers of EO, PO, and PAG for manufacturing polyurethane foams, lubricants, and other chemicals.  

 

Polyurethane foam manufacturers are the major consumers driving the PAG market currently. PAG or polyether polyols, along with isocyanates, are the essential building blocks required for the manufacturing of polyurethane foams. Polyurethane foams are widely used in a variety of applications in several industries including furniture, automobiles, residential, sculptures, decorations, building and construction, water vessels, boats, textiles, electronic components, adhesives, and footwear. Polyurethane foams are very versatile, and can be customized and tailored for specific applications. Construction, automotive, and furniture industries are the key demand generators for polyurethane foams. These markets are anticipated to grow at a high rate in the next few years, driven primarily by the rising purchase power parity of the world’s population. Additionally, lubricant applications emerged as another driving market for PAG due to their superior properties. PAG-based lubricants are used in numerous applications including engine oils, gear oils, bearing oils, compressor oils, grease, heat transfer fluids, transmission fluids, and metal working fluids. PAG lubricants provide superior performance and maximum protection in extreme conditions.

 

Volatile crude oil prices act as key restraining factors for the PAG market players. Additionally, the availability of lower-priced substitutes of PAG for lubricant applications is likely to hamper the growth of PAG market further. 

 

PEG and PPG are the major product types for PAG. PPG emerged as the dominant product type during the forecast period due to its application in PU foam. PEG is widely used in applications such as personal care, pharmaceutical, CASE, lubricant, and functional fluid.  

 

Asia Pacific continued its dominance in the PAG market, accounting for more than 45% of the global market in terms of volume in 2014. Demand for PAG is anticipated to be high in polyurethane foam lubricants, pharmaceutical, and personal care applications in Asia Pacific. Latin America is estimated to be the fastest growing market for PAG. This fast-paced growth can be attributed to high growth in the construction industry of the region during the forecast period. North America is projected to expand at a CAGR higher than the market average during the forecast period, led by the recovering construction industry and strong growth in the pharmaceutical and automotive industries. PU foam and lubricant applications are projected to be the market drivers for PAG in the Middle East and Africa (MEA) region. The construction industry in the GCC region is undergoing rapid growth with major construction activities underway in Saudi Arabia, Qatar, and Dubai. This is likely to generate huge demand for PU foam and consequently, PAG in the region. 

 

The global PAG market is fragmented, comprising a few players with global operations. Large scale global producers have vertically integrated operations in a move that offers them cost advantage over the smaller players. Key players include The Dow Chemical Company (Dow), Bayer AG, BASF SE, Royal Dutch Shell plc (Shell), LyondellBasell Industries N.V., E. I. du Pont de Nemours and Company (DuPont), INEOS Group AG, Clariant International Ltd., Saudi Basic Industries Corporation (SABIC), and Repsol Group.

 

 

 

Chapter 1 Preface

1.1 Report Description

1.2 Market Segmentation

1.3 Research Scope and Assumptions

      1.3.1 Research Scope

      1.3.2 Assumptions

      1.3.3 Abbreviations

1.4 Research Methodology

 

Chapter 2 Executive Summary

2.1 Global Polyalkylene Glycol Market, 2014 – 2023 (Kilo Tons) (US$ Mn)

      2.1.1 Global Polyalkylene Glycol Market Snapshot, 2014 & 2023

 

Chapter 3 Polyalkylene Glycol (PAG) Market - Industry Analysis

3.1 Introduction

3.2 Value Chain Analysis

3.3 Market Drivers

      3.3.1 Increasing Demand for PAG for Manufacture of Polyurethane Foam

              3.3.1.1 Global Polyurethane Foams Market, 2013 - 2023 (US$ Bn)

              3.3.1.2 Typical Polyurethane Chemicals Consumption (% Volume)

      3.3.2 Escalating Demand for PAG Lubricants in Automobiles and Refrigerator Oils

3.4 Market Restraints

      3.4.1 Volatility in Prices of Crude Oil Puts Pressure on Manufacturers’ Margins

              3.4.1.1 Global Crude Oil Prices, 2008–2015 (US$/Barrel)

      3.4.2 PAG Lubricants Cost Higher Than Conventional Oils

              3.4.2.1 PAG-based Lubricants v/s Conventional Oils: Price Trends, 2010 - 2014

3.5 Opportunities

      3.5.1 Increasing Application Scope for PAG in High Value Personal Care and Pharmaceuticals Products

3.6 Porter’s Five Forces Analysis

      3.6.1 Bargaining Power of Suppliers

      3.6.2 Bargaining Power of Buyers

      3.6.3 Threat of Substitutes

      3.6.4 Threat of New Entrants

      3.6.5 Degree of Competition

3.7 Polyalkylene Glycol (PAG): Market Attractiveness Analysis

3.8 Polyalkylene Glycol (PAG): Company Market Share (%, 2012)

 

Chapter 4 Polyalkylene Glycol (PAG) Market – Raw Material and Price Trend Analysis

4.1 Global PAG Market: Technical Overview

4.2 PAG – Manufacturing Process

4.3 Raw Material Price Trend Analysis

      4.3.1 Global Average Ethylene Oxide Price Trends, 2013 – 2023

      4.3.2 Global Average Propylene Oxide Price Trends, 2013 – 2023

4.4 PAG Price Trend Analysis

      4.4.1 Global Average PAG Price Trends, 2013 – 2023

 

Chapter 5 Polyalkylene Glycol (PAG) Market – Product Segment Analysis

5.1 Global Polyalkylene Glycol Market: Product Segment Overview

      5.1.1 Global Polyalkylene Glycol Market Volume Share, by Product Segment, 2014 & 2023

5.2 Polyethylene Glycol (PEG)

      5.2.1 Global Polyethylene Glycol Market, 2014 – 2023 (Kilo Tons) (US$ Mn)

5.3 Polypropylene Glycol (PPG)

      5.3.1 Global Polypropylene Glycol Market, 2014 – 2023 (Kilo Tons) (US$ Mn)

5.4 Others

      5.4.1 Global Other Polyalkylene Glycol Market, 2014 - 2023 (Kilo Tons) (US$ Mn)

 

Chapter 6 Polyalkylene Glycol (PAG) Market – Application Analysis

6.1 Global Polyalkylene Glycol Market : Application Overview

      6.1.1 Global Polyalkylene Glycol Market Volume Share, by Application, 2014 and 2023

6.2 Polyurethane (PU) Foam

      6.2.1 Global Polyalkylene Glycol Market for Polyurethane Foam, 2014 – 2023 (Kilo Tons) (US$ Mn)

6.3 Functional Fluids

      6.3.1 Global Polyalkylene Glycol Market for Functional Fluids, 2014 –- 2023 (Kilo Tons) (US$ Mn)

6.4 Lubricants

      6.4.1 Global Polyalkylene Glycol Market for Lubricants, 2014 - 2023 (Kilo Tons) (US$ Mn)

6.5 Personal Care

      6.5.1 Global Polyalkylene Glycol Market for Personal Care, 2014 – 2023 (Kilo Tons) (US$ Mn)

6.6 Pharmaceuticals

      6.6.1 Global Polyalkylene Glycol Market for Pharmaceuticals, 2014 – 2023 (Kilo Tons) (US$ Mn)

6.7 Surface Active Agents

      6.7.1 Global Polyalkylene Glycol Market for Surface Active Agents, 2014 – 2023 (Kilo Tons) (US$ Mn)

6.8 Others

      6.8.1 Global Polyalkylene Glycol Market for Other Applications, 2014 – 2023 (Kilo Tons) (US$ Mn)

 

Chapter 7 Polyalkylene Glycol (PAG) Market – Regional Analysis

7.1 Global Polyalkylene Glycol Market: Regional Overview

      7.1.1 Global Polyalkylene Glycol Market Volume Share, by Region, 2014 and 2023

7.2 North America

      7.2.1 North America Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

      7.2.2 North America Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

      7.2.3 North America Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)      

      7.2.4 North America Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.2.5 U.S.

              7.2.5.1 U.S. Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

             7.2.5.2 U.S. Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

             7.2.5.3 U.S. Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

             7.2.5.4 U.S. Polyalkylene Glycol Market Revenue, By Applications, 2014 – 2023 (US$ Mn)

      7.2.6 Rest of North America (RoNA)

              7.2.6.1 RoNA Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.2.6.2 RoNA Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

              7.2.6.3 RoNA Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

              7.2.6.4 RoNA Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

7.3 Europe

      7.3.1 Europe Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.3.1.1 Europe Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

      7.3.2 Europe Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

      7.3.3 Europe Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.3.4 France

              7.3.4.1 France Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.3.4.2 France Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

              7.3.4.3 France Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

              7.3.4.4 France Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.3.5 U.K.

              7.3.5.1 U.K. Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.3.5.2 U.K. Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

              7.3.5.3 U.K. Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

              7.3.5.4 UK Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.3.6 Spain

              7.3.6.1 Spain Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.3.6.2 Spain Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

              7.3.6.3 Spain Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

              7.3.6.4 Spain Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.3.7 Germany

              7.3.7.1 Germany Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.3.7.2 Germany Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

              7.3.7.3 Germany Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

              7.3.7.4 Germany Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.3.8 Russia

              7.3.8.1 Russia Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

             7.3.8.2 Russia Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

             7.3.8.3 Russia Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

             7.3.8.4 Russia Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.3.9 Rest of Europe (RoE) 

              7.3.9.1 RoE Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.3.9.2 RoE Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

              7.3.9.3 RoE Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

              7.3.9.4 RoE Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

7.4 Asia Pacific

      7.4.1 Asia Pacific Polyalkylene Glycol Market Volume, By Product Segment, 2014 – 2023 (Kilo Tons)

      7.4.2 Asia Pacific Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

      7.4.3 Asia Pacific Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

      7.4.4 Asia Pacific Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.4.5 China

              7.4.5.1 China Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.4.5.2 China Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

              7.4.5.3 China Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

              7.4.5.4 China Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.4.6 Japan

              7.4.6.1 Japan Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.4.6.2 Japan Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

              7.4.6.3 Japan Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

              7.4.6.4 Japan Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.4.7 ASEAN

             7.4.7.1 ASEAN Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

             7.4.7.2 ASEAN Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

             7.4.7.3 ASEAN Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

             7.4.7.4 ASEAN Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.4.8 Rest of Asia Pacific (RoAP)

              7.4.8.1 RoAP Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.4.8.2 RoAP Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

              7.4.8.3 RoAP Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

              7.4.8.4 RoAP Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

7.5 Latin America

      7.5.1 Latin America Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

      7.5.2 Latin America Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

      7.5.3 Latin America Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

      7.5.4 Latin America Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.5.5 Brazil

              7.5.5.1 Brazil Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.5.5.2 Brazil Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

              7.5.5.3 Brazil Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

              7.5.5.4 Brazil Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.5.6 Rest of Latin America (RoLA)

              7.5.6.1 RoLA Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

              7.5.6.2 RoLA Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

              7.5.6.3 RoLA Polyalkylene Glycol Market Volume, By Applications, 2014 – 2023 (Kilo Tons)

              7.5.6.4 RoLA Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

7.6 Middle East & Africa (MEA)

      7.6.1 MEA Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

      7.6.2 MEA Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

      7.6.3 MEA Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

      7.6.4 MEA Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.6.5 GCC

             7.6.5.1 GCC Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

             7.6.5.2 GCC Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

             7.6.5.3 GCC Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

             7.6.5.4 GCC Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

      7.6.6 South Africa

             7.6.6.1 South Africa Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

             7.6.6.2 South Africa Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

             7.6.6.3 South Africa Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

             7.6.6.4 South Africa Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

     7.6.7 Rest of MEA

             7.6.7.1 Rest of MEA Polyalkylene Glycol Market Volume, By Product Segment, 2014 – 2023 (Kilo Tons)

             7.6.7.2 Rest of MEA Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

             7.6.7.3 Rest of MEA Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

             7.6.7.4 Rest of MEA Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

 

Chapter 8 Company Profiles

8.1 BASF SE

8.2 The Dow Chemical Company

8.3 INEOS Group AG

8.4 Saudi Basic Industries Corporation (SABIC)

8.5 LyondellBasell Industries N.V.

8.6 E. I. du Pont de Nemours and Company (DuPont)

8.7 Royal Dutch Shell plc

8.8 Bayer AG

8.9 Repsol Group

8.10 Clariant International Ltd. (Clariant)

 

Chapter 9 Primary Research – Key Findings

List of Figures 

 

FIG. 1 Global Polyalkylene Glycol Market Segmentation by Product Segment, Application and Geography

FIG. 2 Global Polyalkylene Glycol Market, 2014 – 2023 (Kilo Tons) (US$ Mn)

FIG. 3 PAG Market: Value Chain Analysis

FIG. 4 Global Polyurethane Foams Market, 2013 - 2023 (US$ Bn)

FIG. 5 Typical Polyurethane Chemicals Consumption (% Volume)

FIG. 6 Global Crude Oil Prices, 2008–2015 (US$/Barrel)

FIG. 7 PAG-based Lubricants v/s Conventional Oils: Price Trends, 2010 - 2014

FIG. 8 Porter’s Five Forces Analysis For Polyalkylene Glycol (PAG)

FIG. 9 Polyalkylene Glycol (PAG): Market Attractiveness Analysis

FIG. 10 Polyalkylene Glycol (PAG): Company Market Share (%, 2012)

FIG. 11 Global Average Ethylene Oxide Price Trends, 2013 – 2023

FIG. 12 Global Average Propylene Oxide Price Trends, 2013 – 2023

FIG. 13 Global Average PAG Price Trends, 2013 – 2023

FIG. 14 Global Polyalkylene Glycol Market Volume Share, by Product Segment, 2014 and 2023

FIG. 15 Global Polyethylene Glycol Market, 2014 – 2023 (Kilo Tons) (US$ Mn)

FIG. 16 Global Polypropylene Glycol Market, 2014 – 2023 (Kilo Tons) (US$ Mn)

FIG. 17 Global Other Polyalkylene Glycol Market, 2014 - 2023 (Kilo Tons) (US$ Mn)

FIG. 18 Global Polyalkylene Glycol Market Volume Share, by Application, 2014 and 2023

FIG. 19 Global Polyalkylene Glycol Market for Polyurethane Foam, 2014 –- 2023 (Kilo Tons) (US$ Mn)

FIG. 20 Global Polyalkylene Glycol Market for Functional Fluids, 2014 – 2023 (Kilo Tons) (US$ Mn)

FIG. 21 Global Polyalkylene Glycol Market for Lubricants, 2014 - 2023 (Kilo Tons) (US$ Mn)

FIG. 22 Global Polyalkylene Glycol Market for Personal Care, 2014 – 2023 (Kilo Tons) (US$ Mn)

FIG. 23 Global Polyalkylene Glycol Market for Pharmaceuticals, 2014 – 2023 (Kilo Tons) (US$ Mn)

FIG. 24 Global Polyalkylene Glycol Market for Surface Active Agents, 2014 – 2023 (Kilo Tons) (US$ Mn)

FIG. 25 Global Polyalkylene Glycol Market for Other Applications, 2014 – 2023 (Kilo Tons) (US$ Mn)

FIG. 26 Global Polyalkylene Glycol Market Volume Share, by Region, 2014 and 2023

List of Tables

 

TABLE 1 Global Polyalkylene Glycol Market Snapshot, 2014 and 2023

TABLE 2 Drivers for PAG Market: Impact Analysis

TABLE 3 PAG-based Lubricants Properties

TABLE 4 Restraints for PAG Market: Impact Analysis

TABLE 5 North America Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 6 North America Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 7 North America Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 8 North America Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 9 U.S. Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 10 U.S. Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 11 U.S. Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 12 U.S. Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 13 RoNA Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 14 RoNA Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 15 RoNA Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 16 RoNA Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 17 Europe Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 18 Europe Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 19 Europe Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 20 Europe Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 21 France Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 22 France Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 23 France Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 24 France Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 25 U.K. Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 26 U.K. Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 27 U.K. Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 28 U.K. Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 29 Spain Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 30 Spain Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 31 Spain Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 32 Spain Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 33 Germany Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 34 Germany Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 35 Germany Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 36 Germany Polyalkylene Glycol Market Revenue, By Applications, 2014 – 2023 (US$ Mn)

TABLE 37 Russia Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 38 Russia Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 39 Russia Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 40 Russia Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 41 RoE Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 42 RoE Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 43 RoE Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 44 RoE Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 45 Asia Pacific Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 46 Asia Pacific Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 47 Asia Pacific Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 48 Asia Pacific Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 49 China Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 50 China Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 51 China Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 52 China Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 53 Japan Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 54 Japan Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 55 Japan Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 56 Japan Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 57 ASEAN Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 58 ASEAN Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 59 ASEAN Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 60 ASEAN Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 61 RoAP Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 62 RoAP Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 63 Rest of Asia Pacific Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 64 Rest of Asia Pacific Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 65 Latin America Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 66 Latin America Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 67 Latin America Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 68 Latin America Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 69 Brazil Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 70 Brazil Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 71 Brazil Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 72 Brazil Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 73 RoLA Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 74 RoLA Polyalkylene Glycol Market Revenue, By Product Segment, 2014 – 2023 (US$ Mn)

TABLE 75 RoLA Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 76 RoLA Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 77 MEA Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 78 MEA Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 79 MEA Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 80 MEA Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 81 GCC Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 82 GCC Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 83 GCC Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 84 GCC Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 85 South Africa Polyalkylene Glycol Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 86 South Africa Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 87 South Africa Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 88 South Africa Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

TABLE 89 Rest of MEA Polyalkylene Glycol Market Volume, By Product Segment, 2014 – 2023 (Kilo Tons)

TABLE 90 Rest of MEA Polyalkylene Glycol Market Revenue, by Product Segment, 2014 – 2023 (US$ Mn)

TABLE 91 Rest of MEA Polyalkylene Glycol Market Volume, by Applications, 2014 – 2023 (Kilo Tons)

TABLE 92 Rest of MEA Polyalkylene Glycol Market Revenue, by Applications, 2014 – 2023 (US$ Mn)

Polyalkylene glycols (PAG) are polymeric compounds of one or more alkylene oxide (ethoxide) monomers connected through -R–O- ether linkages. PAGs are also known as polyether polyols, polyglycols, polyethers, and polyalkylene oxides in the industry. PAG includes polymers of the corresponding ethoxides; for instance, polyethylene glycol (PEG) is obtained from ethylene oxide (EO) and similarly, polypropylene glycol (PPG) is produced from propylene oxide (PO). PAGs are versatile polymeric compounds used in the manufacturing of variety of products. The end-products manufactured from PAGs are used in several industries including construction, automotive, aerospace, marine, pharmaceutical, personal care, and chemicals.

 

This report provides a detailed description of the global PAG market based on volume share (kilo tons) and revenue (US$ Mn) for the period from 2014 to 2023. It highlights the factors contributing to the growth of the market, and the restraints impeding the market. Detailed forecast for PAG from 2015 to 2023 has been given separately for providing a better understanding of the market scenario. The PAG market is described with respect to various segments along with the expected opportunities during the next six years.

 

In terms of geography, the global PAG market has been segmented into the following regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA). Each region has been further divided into countries which have been found to be the key markets for PAG. 

 

On the basis of products, the study segments the market into: polyethylene glycol (PEG), polypropylene glycol (PPG), and others (including higher adducts and copolymers). The study also segments the PAG market on the basis of applications into: polyurethane (PU) foam, functional fluids, lubricants, personal care, pharmaceutical, surface active agents, and others (including chemical intermediates, CASE, and additives). It provides forecasts and estimates for each product and application segment in terms of revenue and volume during the forecast period from 2015 to 2023 for each region, and inclusive of the countries as well. The study also analyzes market attractiveness for all applications of PAG with the help of the market attractiveness tool.

 

Increasing demand for PAG in key applications such as PU foam and lubricants is projected to fuel the global PAG market. Swift growth in construction and automotive industries in the emerging countries is anticipated to generate huge demand for PU foams and lubricants, and eventually lead to the growth of the PAG market. The personal care and pharmaceuticals applications are high-value, low-volume markets for PAG and are expected to be prospective markets driving the growth of PAG market in the near future. However, the fluctuating prices of crude oil prices put a downward pressure on the margins of market players. Furthermore, cheaper alternatives of PAG such as conventional oils are available for lubricant applications. The two factors mentioned above are likely to hamper growth of the PAG market during the forecast period. 

 

Value chain analysis and Porter’s five forces model have been given for providing a comprehensive view of the market. These would also help understand the specifics of the industry structure apart from giving an overview of the degree of competitiveness. Additionally, the company market share analysis has been included in order to illustrate the competitive scenario in the PAG market further. The report also includes detailed profiles of key players such as the Dow Chemical Company (Dow), Bayer AG, BASF SE, Royal Dutch Shell plc (Shell), LyondellBasell Industries N.V., E. I. du Pont de Nemours and Company (DuPont), INEOS Group AG, Clariant International Ltd., Saudi Basic Industries Corporation (SABIC), and Repsol Group. A detailed description of the players includes parameters such as company overview, financial overview, business strategies, upcoming facilities, capacity addition, mergers, acquisitions and joint ventures, new products, and recent developments.

The report segments the global PAG market as:

  • Polyalkylene Glycol (PAG) Market – Product Segment Analysis

    • Polyethylene Glycol (PEG)
    • Polypropylene Glycol (PPG)
    • Others (Including higher adducts, copolymers, etc.)
  • Polyalkylene Glycol (PAG) Market – Application Analysis

    • Polyurethane (PU) Foam
    • Functional Fluids
    • Lubricants
    • Personal Care
    • Pharmaceutical
    • Surface Active Agents
    • Others (Including chemical intermediates, CASE, additives, etc.)
  • Polyalkylene Glycol (PAG) Market & Regional Analysis

    • North America

      • U.S.
      • Rest of North America
    • Europe

      • France
      • UK
      • Spain
      • Germany
      • Russia
      • Rest of Europe
    • Asia Pacific

      • China
      • Japan
      • ASEAN
      • Rest of Asia Pacific
    • Latin America

      • Brazil
      • Rest of Latin America
    • Middle East and Africa (MEA)

      • GCC
      • South Africa
      • Rest of MEA


 
 
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