LAMEA Polyethylene Glycol Market Size, Share & Trends Analysis Report By Application (Medical, Personal Care, Industrial, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The Latin America, Middle East and Africa Polyethylene Glycol Market would witness market growth of 7.3% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 253.19 Kilo tonnes, showcasing a growth of 6.9% (2023-2030).

The Brazil market dominated the LAMEA Polyethylene Glycol Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $153.1 million by 2030. The Argentina market is registering a CAGR of 8.1% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 6.9% during (2023 - 2030).

High molecular weight polyethylene glycols are gaining attention for their unique properties and applications. These larger PEG molecules exhibit increased viscosity, making them suitable for applications requiring thickening and gelling agents. Industries such as cosmetics, personal care, and pharmaceuticals are exploring the benefits of high molecular weight PEGs in formulating products with specific rheological characteristics. High molecular weight polyethylene glycols can act as stabilizers in various formulations, preventing phase separation and maintaining the homogeneity of the product. This is crucial in developing emulsions, suspensions, and other complex formulations.

In addition, the market continues to witness innovations driven by technological advancements, research breakthroughs, and the pursuit of enhanced product performance. These innovations span various industries and contribute to the continuous evolution of PEG applications. PEGylation, the covalent attachment of PEG chains to molecules, has significantly increased. Novel PEGylation techniques are being developed to achieve site-specific conjugation, reducing the potential for immunogenicity and improving the overall pharmacokinetics of PEGylated products. These innovations enhance the therapeutic potential of PEGylated drugs and broaden their applicability in treating various diseases.

Additionally, the UAE's commitment to becoming a regional hub for medical tourism amplifies the importance of advanced medical technologies and formulations. As the healthcare sector embraces cutting-edge treatments and pharmaceutical advancements, PEG emerges as a key ingredient facilitating the development of novel drug formulations and medical applications. As per the report titled Investing in Healthcare in UAE, published by the UAE Ministry of Economy, by 2023, the healthcare sector in the Middle East and North Africa is projected to have grown from $144 billion in 2020 to $243 billion, with Dubai's healthcare sector serving as a pivotal contributor to this expansion. Therefore, increasing growth in the healthcare sector in LAMEA is expected to boost the demand for polyethylene glycol in the region.

Based on Application, the market is segmented into Medical, Personal Care, Industrial, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

BASF SE
The Dow Chemical Company
LOTTE Chemical Corporation (LOTTE Corp.)
INEOS Group Holdings S.A. (INEOS Oligomers)
Croda International PLC
India Glycols Limited
Liaoning Oxiranchem Inc.
Liaoning Kelong Fine Chemical Co., Ltd.
Jiangsu Hai'an Petrochemical Plant
Shanghai Bronkow Chemical Co. Ltd.

LAMEA Polyethylene Glycol Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Medical
Personal Care
Industrial
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1LAMEA Polyethylene Glycol Market, by Application
- 1.4.2LAMEA Polyethylene Glycol Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.LAMEA Polyethylene Glycol Market, By Application

4.1LAMEA Medical Market, By Country
4.2LAMEA Personal Care Market, By Country
4.3LAMEA Industrial Market, By Country
4.4LAMEA Others Market, By Country

Chapter 5.LAMEA Polyethylene Glycol Market, By Country

5.1Brazil Polyethylene Glycol Market
- 5.1.1Brazil Polyethylene Glycol Market, By Application
5.2Argentina Polyethylene Glycol Market
- 5.2.1Argentina Polyethylene Glycol Market, By Application
5.3UAE Polyethylene Glycol Market
- 5.3.1UAE Polyethylene Glycol Market, By Application
5.4Saudi Arabia Polyethylene Glycol Market
- 5.4.1Saudi Arabia Polyethylene Glycol Market, By Application
5.5South Africa Polyethylene Glycol Market
- 5.5.1South Africa Polyethylene Glycol Market, By Application
5.6Nigeria Polyethylene Glycol Market
- 5.6.1Nigeria Polyethylene Glycol Market, By Application
5.7Rest of LAMEA Polyethylene Glycol Market
- 5.7.1Rest of LAMEA Polyethylene Glycol Market, By Application

Chapter 6.Company Profiles

6.1BASF SE
- 6.1.1Company Overview
- 6.1.2Financial Analysis
- 6.1.3Segmental and Regional Analysis
- 6.1.4Research & Development Expense
- 6.1.5Recent strategies and developments:
  - 6.1.5.1Geographical Expansions:
- 6.1.6SWOT Analysis
6.2The Dow Chemical Company
- 6.2.1Company Overview
- 6.2.2Financial Analysis
- 6.2.3Segmental and Regional Analysis
- 6.2.4Research & Development Expenses
- 6.2.5SWOT Analysis
6.3LOTTE Chemical Corporation (LOTTE Corp.)
- 6.3.1Company Overview
- 6.3.2Financial Analysis
- 6.3.3Segmental and Regional Analysis
- 6.3.4Research & Development Expenses
6.4INEOS Group Holdings S.A. (INEOS Oligomers)
- 6.4.1Company Overview
- 6.4.2Financial Analysis
- 6.4.3Segmental and Regional Analysis
- 6.4.4SWOT Analysis
6.5Croda International PLC
- 6.5.1Company Overview
- 6.5.2Financial Analysis
- 6.5.3Segmental and Regional Analysis
- 6.5.4SWOT Analysis
6.6India Glycols Limited
- 6.6.1Company Overview
- 6.6.2Financial Analysis
- 6.6.3Segmental and Regional Analysis
- 6.6.4Research & Development Expenses
- 6.6.5SWOT Analysis
6.7Liaoning Oxiranchem Inc.
- 6.7.1Company Overview
- 6.7.2SWOT Analysis
6.8Jiangsu Hai'an Petrochemical Plant
- 6.8.1Company Overview
- 6.8.2SWOT Analysis
6.9Liaoning Kelong Fine Chemical Co., Ltd.
- 6.9.1Company Overview
- 6.9.2SWOT Analysis
6.10.Shanghai Bronkow Chemical Co. Ltd.
- 6.10.1Company Overview

LIST OF TABLES

TABLE 1LAMEA Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 2LAMEA Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 3LAMEA Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 4LAMEA Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 5LAMEA Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 6LAMEA Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 7LAMEA Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 8LAMEA Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 9LAMEA Medical Market, By Country, 2019 - 2022, USD Million
TABLE 10LAMEA Medical Market, By Country, 2023 - 2030, USD Million
TABLE 11LAMEA Medical Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12LAMEA Medical Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13LAMEA Personal Care Market, By Country, 2019 - 2022, USD Million
TABLE 14LAMEA Personal Care Market, By Country, 2023 - 2030, USD Million
TABLE 15LAMEA Personal Care Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16LAMEA Personal Care Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17LAMEA Industrial Market, By Country, 2019 - 2022, USD Million
TABLE 18LAMEA Industrial Market, By Country, 2023 - 2030, USD Million
TABLE 19LAMEA Industrial Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 20LAMEA Industrial Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 21LAMEA Others Market, By Country, 2019 - 2022, USD Million
TABLE 22LAMEA Others Market, By Country, 2023 - 2030, USD Million
TABLE 23LAMEA Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24LAMEA Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25LAMEA Polyethylene Glycol Market, By Country, 2019 - 2022, USD Million
TABLE 26LAMEA Polyethylene Glycol Market, By Country, 2023 - 2030, USD Million
TABLE 27LAMEA Polyethylene Glycol Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28LAMEA Polyethylene Glycol Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29Brazil Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 30Brazil Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 31Brazil Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 32Brazil Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 33Brazil Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 34Brazil Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 35Brazil Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 36Brazil Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 37Argentina Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 38Argentina Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 39Argentina Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 40Argentina Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 41Argentina Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 42Argentina Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 43Argentina Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 44Argentina Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 45UAE Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 46UAE Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 47UAE Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 48UAE Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 49UAE Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 50UAE Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 51UAE Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 52UAE Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 53Saudi Arabia Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 54Saudi Arabia Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 55Saudi Arabia Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 56Saudi Arabia Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 57Saudi Arabia Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 58Saudi Arabia Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 59Saudi Arabia Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 60Saudi Arabia Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 61South Africa Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 62South Africa Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 63South Africa Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 64South Africa Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 65South Africa Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 66South Africa Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 67South Africa Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 68South Africa Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 69Nigeria Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 70Nigeria Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 71Nigeria Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 72Nigeria Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 73Nigeria Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 74Nigeria Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 75Nigeria Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 76Nigeria Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 77Rest of LAMEA Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 78Rest of LAMEA Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 79Rest of LAMEA Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 80Rest of LAMEA Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 81Rest of LAMEA Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 82Rest of LAMEA Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 83Rest of LAMEA Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 84Rest of LAMEA Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 85Key Information - BASF SE
TABLE 86Key Information - The Dow Chemical Company
TABLE 87Key Information - Lotte Chemical Corporation
TABLE 88Key Information - INEOS Group Holdings S.A.
TABLE 89Key Information - Croda International PLC
TABLE 90Key Information - India Glycols Limited
TABLE 91Key Information - Liaoning Oxiranchem Inc.
TABLE 92Key Information - Jiangsu Hai'an Petrochemical Plant
TABLE 93Key Information - Liaoning Kelong Fine Chemical Co., Ltd.
TABLE 94Key Information - Shanghai Bronkow Chemical Co. Ltd.

LAMEA Polyethylene Glycol Market Size, Share & Trends Analysis Report By Application (Medical, Personal Care, Industrial, and Others), By Country and Growth Forecast, 2023 - 2030