Polyalkylene Glycol Market 2015-2025 Shares, Trend and Growth Report

Polyalkylene Glycol Market: Drivers & Restraints

The demand for Polyalkylene glycol market is expected to grow with a considerable CAGR owing to the usage of this compound in several industries and its emerging applications such as Tunnel boring and wind turbine lubricants.

Moreover, the advantages offered by the Polyalkylene glycol such as low volatility in high-temperature applications, residue resistance property, best lubrication for compressors, environment friendly nature, water solubility, prominent energy efficiency that allows for easy clean-up of equipment and huge scope of innovation, are anticipated to build a great potential and bring good opportunities during the forecast period. Recent research is being able to develop food grade approved lubricants from Polyalkylene glycol which can be used in equipment of food processing industry. Also research is being conducted to develop and innovate new products from Polyalkylene glycol.

Nevertheless, the availability and entry of new substitute compounds might hamper the growth of Polyalkylene glycol market.

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Polyalkylene Glycol Market: Segmentation

The Polyalkylene glycol market is broadly classified into four segments on the basis of applications

Lubricants

Surfactants

Intermediates

Functional fluids

The Polyalkylene glycol market is broadly classified into three segments on the basis of their solubility

Oil soluble Polyalkylene glycol

Mineral oil soluble Polyalkylene glycol

Water soluble Polyalkylene glycol

The Polyalkylene glycol market is broadly classified into four segments on the basis of product type

Polypropylene glycols

Polyethylene glycols

Higher polyols-adducts

Others

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Polyalkylene Glycol Market: Regional Outlook

Depending on geographic regions, global Polyalkylene glycol...