Market Overview:
The global polyethylene glycol ester market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polyethylene glycol esters in various applications such as electronics, packing, and others. In addition, the growing demand for bio-based polyethylene glycol esters is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On the basis of type, direct esterification accounted for a major share of the global polyethylene glycol ester market in 2017. This segment is projected to grow at a CAGR of 6% from 2018 to 2030 owing to its properties such as high thermal stability and low flammability.
Product Definition:
A polyethylene glycol ester is a type of synthetic polymer that is used as a lubricant and plasticizer. It has a high viscosity and low volatility, making it an ideal choice for applications where these properties are desired. Polyethylene glycol esters are also environmentally friendly and non-toxic, making them safe for use in a variety of applications.
Ester Interchange:
Ester interchange or esterification is a chemical process in which one molecule of acid (organic acid) reacts with two molecules of alcohol (ethylene glycol, ethylene oxide, etc.) to form an ether. The reaction can be carried out in liquid or gaseous states. Esterification is widely used for producing high-performance polymers such as polyethylene terephthalate (PET), which has applications ranging from bottles to automobiles and electrical appliances.
Direct Esterification:
Direct esterification is a chemical process in which two chemicals are reacted together at the site of interest without any intermediate conversion or removal. Direct esterification involves reacting one or more reactants with an alcohol to form an acid and amine product, which is often used as a feedstock for polymers production.
The major advantage of direct esterification over other processes such as hydrolysis.
Application Insights:
Electronics application segment accounted for the largest market share in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to growing demand for polyethylene glycol esters from various electronic devices such as smartphones, laptops, cameras, etc. Packing was another prominent application that accounted for a considerable market share in 2017 owing to high demand from food & beverage industry applications including ice cream containers and packaging pouches among others. Other prominent applications include adhesives & sealants and personal care products such as hair mousse, shaving foam among others.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to cheap labor, easy availability of raw materials, and high economic growth. China emerged as a dominant player in terms of consumption and production across all regions.
The electronics industry has witnessed significant growth in India on account rising demand for smartphones along with other electronic products such as laptops, personal computers (PCs), etc., which requires Packing Polyethylene Glycol Ester (PEG-esters) based on their application specific requirements such as heat resistance or electrical conductivity.
Growth Factors:
- Increasing demand from end-use industries such as pharmaceuticals, cosmetics, and food & beverages
- Rising awareness about the benefits of using PEG esters over other traditional surfactants
- Growing investments by key players in research and development to develop new and innovative products
- Expansion of distribution networks by manufacturers to cater to the increasing demand in emerging markets
- Technological advancements that have led to the development of more efficient and environment-friendly PEG esters
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyethylene Glycol Ester Market Research Report
By Type
Ester Interchange, Direct Esterification
By Application
Electronics, Packing, Others
By Companies
BASF, Akzo Nobel N.V, Sasol Limited, Stearinerie Dubois, Subhash Chemical Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Polyethylene Glycol Ester Market Report Segments:
The global Polyethylene Glycol Ester market is segmented on the basis of:
Types
Ester Interchange, Direct Esterification
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronics, Packing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Akzo Nobel N.V
- Sasol Limited
- Stearinerie Dubois
- Subhash Chemical Industries
Highlights of The Polyethylene Glycol Ester Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ester Interchange
- Direct Esterification
- By Application:
- Electronics
- Packing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyethylene Glycol Ester Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyethylene glycol ester is a type of polyol that is used as a solvent and emulsifier. It can be found in many personal care products, such as shampoos, conditioners, and moisturizers.
Some of the key players operating in the polyethylene glycol ester market are BASF, Akzo Nobel N.V, Sasol Limited, Stearinerie Dubois, Subhash Chemical Industries.
The polyethylene glycol ester market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyethylene Glycol Ester Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyethylene Glycol Ester Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyethylene Glycol Ester Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyethylene Glycol Ester Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyethylene Glycol Ester Market Size & Forecast, 2018-2028
4.5.1 Polyethylene Glycol Ester Market Size and Y-o-Y Growth
4.5.2 Polyethylene Glycol Ester Market Absolute $ Opportunity
Chapter 5 Global Polyethylene Glycol Ester Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Polyethylene Glycol Ester Market Size Forecast by Type
5.2.1 Ester Interchange
5.2.2 Direct Esterification
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyethylene Glycol Ester Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Polyethylene Glycol Ester Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Packing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyethylene Glycol Ester Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyethylene Glycol Ester Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Polyethylene Glycol Ester Analysis and Forecast
9.1 Introduction
9.2 North America Polyethylene Glycol Ester Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Polyethylene Glycol Ester Market Size Forecast by Type
9.6.1 Ester Interchange
9.6.2 Direct Esterification
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Polyethylene Glycol Ester Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Packing
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Polyethylene Glycol Ester Analysis and Forecast
10.1 Introduction
10.2 Europe Polyethylene Glycol Ester Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Polyethylene Glycol Ester Market Size Forecast by Type
10.6.1 Ester Interchange
10.6.2 Direct Esterification
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Polyethylene Glycol Ester Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Packing
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Polyethylene Glycol Ester Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyethylene Glycol Ester Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Polyethylene Glycol Ester Market Size Forecast by Type
11.6.1 Ester Interchange
11.6.2 Direct Esterification
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Polyethylene Glycol Ester Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Packing
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Polyethylene Glycol Ester Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyethylene Glycol Ester Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Polyethylene Glycol Ester Market Size Forecast by Type
12.6.1 Ester Interchange
12.6.2 Direct Esterification
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Polyethylene Glycol Ester Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Packing
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Polyethylene Glycol Ester Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyethylene Glycol Ester Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Polyethylene Glycol Ester Market Size Forecast by Type
13.6.1 Ester Interchange
13.6.2 Direct Esterification
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Polyethylene Glycol Ester Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Packing
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyethylene Glycol Ester Market: Competitive Dashboard
14.2 Global Polyethylene Glycol Ester Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Akzo Nobel N.V
14.3.3 Sasol Limited
14.3.4 Stearinerie Dubois
14.3.5 Subhash Chemical Industries
