Submitted by: Submitted by Monica2016
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Pages: 2
Category: Business and Industry
Date Submitted: 10/28/2016 06:01 AM
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...