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Polyalkylene Glycols Market by Type (Polyethylene Glycol, Polypropylene Glycol, and Others), and by Application (Lubricants, Surface Active Agents, Pharmaceutical, Personal Care, and Others) - Global Trends & Forecasts to 2020

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Date: 02-Dec-2015
No. of pages: 143
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“The PAGs market is expected to reach USD 2.62 billion by 2020”

The PAGs’ market size is expected to reach USD 2.62 billion by 2020, at a CAGR of 11.7% between 2015 and 2020. The fast growth in end-use industries such as automotive, textile, oil & gas, and food processing is one of the key reasons which is expected to drive the demand for PAGs. The growing automobile industry in emerging economies is driving the demand of PAGs for lubricants application. The demand of PAGs is also driven by its increasing usage in oil &gas application in the Middle Eastern countries.

“Lubricants application is projected to dominate the PAGs market during forecast period”

The lubricants application segment dominated the global PAGs market in 2014. The lubricants application is also expected to register the highest growth rate between 2015 and 2020, closely followed by surface active agents. Polyethylene glycol (PEG) is the most commonly used type of PAGs due to its growing demand in lubricants and pharmaceutical applications.

“Asia-Pacific projected to be fastest growing market during the forecast period”

Asia-Pacific is estimated to be the largest and fastest-growing market for PAGs in the world. This is attributed to the presence of emerging economies such as India and China. North America is expected to remain the second-largest market for PAGs on account of its flourishing packaged food and healthcare industries.

“Emerging applications: opportunity for the PAGs market”

The emerging applications of PAGs in industries such as turbine and marine vessels present a major opportunity for the PAGs market. The wind turbine industry is growing as a major consumer of PAGs as wind energy projects are gaining popularity across the world. Earlier, the turbine industry used API group II and III hydrocarbon oil, which have led to various turbine equipment failures. The use of PAGs in turbines have been approved as it helps the equipment to work under extreme pressure due to its excellent deposit control characteristics.

Break-up of profile of primary participants for the report

By Company Type – Tier 1–37%, Tier 2–50%, and Tier 3–13%

By Designation – C Level– 50%, Director Level–31%, Others–19%

By Region – North America–31%, Europe–38%, Asia-Pacific–25%, and RoW–6%

The report includes company profiles of major players; recent activities in the market such as new product launches, expansions, and R&D; and SWOT analysis. Some of the major companies profiled in this report are the Dow Chemical Company (U.S.), BASF SE (Germany), Ineos Group (Japan), Clariant AG (U.S.), Huntsman Corporation (Japan), Idemitsu Kosan Co. (U.S.), Ashland Inc. (U.S.), Exxon Mobil (U.S.), AkzoNobel N.V. (Netherlands), and Stepan Company (U.S.).

Reasons to buy the report.

While making strategic decisions in business, timely and useful information is required. This report fulfills the requirements of various stakeholders, including material suppliers, product manufacturers, investors and executives. Some of the salient features of this report include:


  • Porter’s Five Force Analysis

  • Value Chain Analysis

  • Market Segmentation (Type, Application, and Region) by Volume and Value

  • Competitor Analysis

  • Detailed Information on Strategic Developments in the Industry

Polyalkylene Glycols Market by Type (Polyethylene Glycol, Polypropylene Glycol, and Others), and by Application (Lubricants, Surface Active Agents, Pharmaceutical, Personal Care, and Others) - Global Trends & Forecasts to 2020

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Scope
1.3.1 Markets Covered
1.3.1.1 Scope of the Report, By Region
1.3.2 Years Considered
1.3.3 Currency
1.3.4 Limitations
1.4 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top Down
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities for PAGs Manufacturers
4.2 PAGs Market Growing at A Fast Pace
4.3 PAGs Market Attractiveness
4.4 Market Attractiveness, By Application
4.5 Life Cycle Analysis

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Polyalkylene Glycols Market Segmentation, By Type
5.2.2 Polyalkylene Glycols Market Segmentation, By Application
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Properties of PAGs Such as Water Solubility, High Viscosity Indexes, and Bio-Degradability
5.3.1.2 Growing Automotive Industry in Asia-Pacific
5.3.2 Restraints
5.3.2.1 Fluctuating Crude Oil Prices
5.3.2.2 PAGs are Expensive Compared to Conventional Mineral Oils
5.3.3 Opportunities
5.3.3.1 Emerging Application of PAGs
5.4 Value Chain Analysis
5.4.1 Raw Material
5.4.1.1 Ethane
5.4.1.2 Propane
5.4.1.3 Butane
5.5 Porter’s Five Forces Analysis
5.5.1 Threat From New Entrants
5.5.2 Bargaining Power of Suppliers
5.5.3 Threat of Substitutes
5.5.4 Bargaining Power of Buyers
5.5.5 Intensity of Competitive Rivalry
5.6 Market Share Analysis
5.7 Regulatory Framework

6 Polyalkylene Glycols Market, By Type
6.1 Introduction
6.2 Polyethylene Glycol (PEG)
6.3 Polypropylene Glycol (PPG)
6.4 Others

7 Polyalkylene Glycols Market, By Application
7.1 Introduction
7.2 Lubricants
7.2.1 Refrigeration Oil
7.2.2 Fire Resistant Hydraulic Fluids
7.2.3 Compressor Lubricants
7.2.4 Gear Lubricants
7.2.5 Automotive Applications
7.2.6 Textile Lubricants
7.2.7 Metal Working Fluids
7.2.8 Food Grade Lubricants
7.3 Surface Active Agents
7.4 Pharmaceutcal
7.5 Personal Care
7.6 Others

8 Regional Analysis
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Asia-Pacific
8.3.1 China
8.3.2 India
8.3.3 Japan
8.3.4 Others
8.4 Europe
8.4.1 Russia
8.4.2 Germany
8.4.3 France
8.4.4 U.K.
8.4.5 Turkey
8.4.6 Italy
8.4.7 Others
8.5 RoW
8.5.1 South America
8.5.2 Africa
8.5.3 The Middle East

9 Competitive Landscape
9.1 Overview
9.2 Expansion: the Most Popular Growth Strategy
9.3 Maximum Developments in North America
9.4 Competitive Situation and Trends
9.4.1 Expansions
9.4.2 Research & Development
9.4.3 New Product Launches
9.4.4 Others

10 Company Profiles
10.1 Introduction
10.2 The DOW Chemical Company
10.2.1 Business Overview
10.2.1 Products Offered
10.2.2 Recent Developments
10.2.3 SWOT Analysis
10.2.4 MnM View
10.3 BASF SE
10.3.1 Business Overview
10.3.2 Products Offered
10.3.3 Recent Developments
10.3.4 SWOT Analysis
10.3.5 MnM View
10.4 Ineos Group
10.4.1 Business Overview
10.4.2 Products Offered
10.4.3 Recent Developments
10.4.4 SWOT Analysis
10.4.5 MnM View
10.5 Clariant AG
10.5.1 Business Overview
10.5.2 Products Offered
10.5.3 Recent Developments
10.5.4 SWOT Analysis
10.5.5 MnM View
10.6 Huntsman International Llc
10.6.1 Business Overview
10.6.2 Products Offered
10.6.3 MnM View
10.7 Idemitsu Kosan Co.
10.7.1 Business Overview
10.7.2 Products Offered
10.7.3 SWOT Analysis
10.7.4 MnM View
10.8 Akzonobel N.V.
10.8.1 Business Overview
10.8.2 Products Offered
10.8.3 Recent Developments
10.8.4 MnM View
10.9 Exxon Mobil
10.9.1 Business Overview
10.9.2 Products Offered
10.9.3 Recent Developments
10.9.4 MnM View
10.10 Croda International PLC.
10.10.1 Business Overview
10.10.2 Products Offered
10.10.3 MnM View
10.11 PAN Asia Chemical Corporation
10.11.1 Business Overview
10.11.2 Products Offered
10.11.3 MnM View

11 Appendix
11.1 Discussion Guide
11.2 Introducing RT: Real Time Market Intelligence
11.3 Available Customizations
11.4 Related Reports

List of Tables

Table 1 Polyalkylene Glycols Market Segmentation, By Type
Table 2 Polyalkylene Glycols Market, By Application
Table 3 Key Features of PAGs
Table 4 Mineral Oil vs Pag
Table 5 Cost Comparision: Mineral Oil vs Eals
Table 6 Global Ethane Prices, 2013–2020 (USD/Barrel)
Table 7 Global Propane Prices, 2013–2020 (USD/Barrel)
Table 8 Global Butane Prices, 2013–2020 (USD/Barrel)
Table 9 Polyalkylene Glycols Market Size, By Type, 2015–2020 (Kiloton)
Table 10 Polyethylene Glycol Market Size, By Region, 2015–2020 (Kiloton)
Table 11 Polypropylene Glycol Market Size, By Region, 2013–2020 (Kiloton)
Table 12 Others Polyalkylene Glycols Market Size, By Region, 2013–2020 (Kiloton)
Table 13 Polyalkylene Glycols Market Size, By Application, 2013-2020 (Kiloton)
Table 14 Lubricants Polyalkylene Glycols Market Size, By Region,  2013–2020 (Kiloton)
Table 15 Surfactants Polyalkylene Glycols Market Size, By Region, 2013–2020 (Kiloton)
Table 16 Pharmaceutical Polyalkylene Glycols Market Size, By Region,  2013–2020 (Kiloton)
Table 17 Personal Care Polyalkylene Glycols Market Size, By Region,  2013–2020 (Kiloton)
Table 18 Others Polyalkylene Glycols Market Size, By Region, 2013–2020 (Kiloton)
Table 19 Polyalkylene Glycols Market Size, By Region , 2013–2020 (Kiloton)
Table 20 Polyalkylene Glycols Market Size, By Region, 2013–2020 (USD Million)
Table 21 North America: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 22 North America: Polyalkylene Glycols Market Size, By Type,  2013–2020 (Kiloton)
Table 23 North America: Polyalkylene Glycols Market Size, By Country,  2013–2020 (Kiloton)
Table 24 North America: Polyalkylene Glycols Market Size, By Country  2013–2020 (USD Million)
Table 25 U.S.: Polyalkylene Glycols Market Size, By Application, 2015–2020 (Kiloton)
Table 26 U.S.: Polyalkylene Glycols Market Size, By Type 2015–2020 (Kiloton)
Table 27 Canada: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 28 Canada: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 29 Mexico: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 30 Mexico: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 31 Asia-Pacific: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 32 Asia-Pacific: Polyalkylene Glycols Market Size, By Type,  2013–2020 (Kiloton)
Table 33 Asia-Pacific: Polyalkylene Glycols Market Size, By Country,  2013–2020 (Kiloton)
Table 34 Asia-Pacific: Polyalkylene Glycols Market Size, By Country,  2013–2020 (USD Million)
Table 35 China: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 36 China: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 37 India: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 38 India: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 39 Japan: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 40 Japan: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 41 Others: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 42 Others: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 43 Europe: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 44 Europe: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 45 Europe: Polyalkylene Glycols Market Size, By Country,  2013–2020 (Kiloton)
Table 46 Europe: Polyalkylene Glycols Market Size, By Country,  2013–2020 (USD Million)
Table 47 Russia: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 48 Russia: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 49 Germany: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 50 Germany: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 51 France: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 52 France: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 53 U.K.: Polyalkylene Glycols Market Size, By Application, 2013–2020 (Kiloton)
Table 54 U.K.: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 55 Turkey: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 56 Italy: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 57 Spain: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 58 Others: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 59 RoW: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 60 RoW: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 61 RoW: Polyalkylene Glycols Market Size, By Country, 2013–2020 (Kiloton)
Table 62 RoW: Polyalkylene Glycols Market Size, By Country,  2013–2020 (USD Million)
Table 63 South America: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 64 South America: Polyalkylene Glycols Market Size, By Type,  2013–2020 (Kiloton)
Table 65 Africa: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 66 Africa: Polyalkylene Glycols Market Size, By Type, 2013–2020 (Kiloton)
Table 67 The Middle East: Polyalkylene Glycols Market Size, By Application,  2013–2020 (Kiloton)
Table 68 The Middle East: Polyalkylene Glycols Market Size, By Type,  2013–2020 (Kiloton)
Table 69 Expansions, 2012–2015
Table 70 Research & Development, 2012–2015
Table 71 New Product Launches, 2012–2015
Table 72 Others, 2012–2015

List of Figures

Figure 1 Polyalkylene Glycols Market: Research Design
Figure 2 Key Data From Secondary Sources
Figure 3 Key Data From Primary Sources
Figure 4 Breakdown of Primary Interviews
Figure 5 Market Size Estimation: Bottom-Up Approach
Figure 6 Market Size Estimation: Top-Down Approach
Figure 7 Market Breakdown and Data Triangulation
Figure 8 Polyethylene Glycol Dominates the PAGs Market
Figure 9 Lubricants to Be the Largest- and Fastest-Growing Application Segment
Figure 10 Asia-Pacific Estimated to Be the Largest Market, in Terms of Value, 2015–2020
Figure 11 Attractive Opportunities in the PAGs Market
Figure 12 Rapid Growth Expected in Asia-Pacific Between 2015 and 2020
Figure 13 Asia-Pacific to Boost Demand for PAGs Between 2015 and 2020
Figure 14 Lubricants Driving the Growth of PAGs Market
Figure 15 China Captures the Largest Market Share in the Asia-Pacific Region
Figure 16 Asia-Pacific to Be the Fastest Growing PAGs Market
Figure 17 Drivers, Restraints and Opportunities for the PAGs Market
Figure 18 Asia-Pacific: Vehicles in Use (2009–2013)
Figure 19 Average Crude Oil Prices, 2014–2015 (USD/Barrel)
Figure 20 Porter’s Five Forces Analysis
Figure 21 Polyethylene Glycol Dominates the Polyalkylene Glycols Market
Figure 22 Asia-Pacific is the Largest-Market for Polyethylene Glycol
Figure 23 Asia-Pacific is the Largest Market for Polyalkylene Glycols
Figure 24 Asia-Pacific is Projected to Experience Highest Growth for Others Polyalkylene Glycols Between 2015 and 2020
Figure 25 Lubricant is the Largest Application of Polyalkylene Glycols
Figure 26 Growing Automobile Industry Driving the PAG’s Market in Lubricants Application
Figure 27 Growing Pharmaceutical Industry in Asia-Pacific Driving the Surfactants Market
Figure 28 Asia-Pacific is the Largest Market for PAGs in Pharmaceutical Application
Figure 29 Growing Personal Care Industry in Asia-Pacific Driving the PAGs Market
Figure 30 Asia-Pacific is the Largest Market for PAGs in Other Applications
Figure 31 Asia-Pacific Projected to Emerge as Fastest-Growing Polyalkylene Glycols Market Between 2015 and 2020
Figure 32 Asia-Pacific Dominated Polyalkylene Glycols Market in 2014
Figure 33 Regional Snapshot of Polyalkylene Glycols Market: India Driving the Growth of Market
Figure 34 North America: Polyalkylene Glycols Market Snapshot
Figure 35 Lubricants is the Largest Application of PAGs in North America
Figure 36 PEG Dominates the PAGs Market in North America
Figure 37 The U.S. is the Largest Consumer of Polyalkylene Glycols in North America
Figure 38 Canada is the Fastest-Growing Market in North America
Figure 39 Lubricants Captures the Largest Share of the U.S. PAGs Market
Figure 40 Canada: Polyalkylene Glycols Market Size, By Type,  2013–2020 (Kiloton)
Figure 41 Lubricants is the Largest Application of PAGs in Mexico
Figure 42 Asia Pacific: Polyalkylene Glycols Market Snapshot
Figure 43 Lubricants is the Largest Application for PAGs in Asia-Pacific
Figure 44 Polyethylene Glycol Dominates the PAGs Market in Asia-Pacific
Figure 45 China Dominates the PAGs Market in Asia-Pacific
Figure 46 China is Expected to Be the Largest Market During the Forecast Period
Figure 47 PAGs in Lubricants Application Witnessing Highest Growth in China
Figure 48 India: Polyalkylene Glycols Market Size, By Type, 2015–2020 (Kiloton)
Figure 49 Lubricants Application Dominates the PAGs Market in Japan
Figure 50 Lubricants Application Dominates the European PAGs Market
Figure 51 PEG Dominates European PAGs Market
Figure 52 Russia Dominates the Polyalkylene Glycols Market in Europe
Figure 53 Turkey Projected to Witness Highest Growth Rate
Figure 54 Lubricants is the Largest Application of PAGs in Russia
Figure 55 Germany Polyalkylene Glycols Market Share, By Type,  2015–2020 (Kiloton)
Figure 56 France: Polyalkylene Glycols Market Size , By Type,  2015–2020 (Kiloton)
Figure 57 U.K.: Polyalkylene Glycols Marketsize, By Type, 2015–2020 (Kiloton)
Figure 58 Turkey: Polyalkylene Glycols Market Size, By Type,  2015–2020 (Kiloton)
Figure 59 Italy: Polyalkylene Glycols Marketsize, By Type, 2015–2020 (Kiloton)
Figure 60 Spain: Polyalkylene Glycols Marketsize, By Type, 2015–2020 (Kiloton)
Figure 61 RoW: Polyalkylene Glycols Market Size, By Application,  2015–2020 (Kiloton)
Figure 62 PEG Dominates RoW’s Polyalkylene Glycols Market
Figure 63 The Middle East Dominates the RoW Pag’s Market
Figure 64 The Middle East is the Fastest Growing PAGs Market in the RoW
Figure 65 South America: Polyalkylene Glycols Market Size, By Application, 2015–2020 (Kiloton)
Figure 66 Africa: Polyalkylene Glycols Market Size, By Application,  2015–2020 (Kiloton)
Figure 67 The Middle East: Polyalkylene Glycols Market Size, By Application, 2015–2020 (Kiloton)
Figure 68 Companies Primarily Adopted Organic Growth Strategies to Retain Their Market Position
Figure 69 Expansions in North America Made It the Most Active Region During 2012–2015
Figure 70 Regional Revenue Mix of Top Three Market Players
Figure 71 The DOW Chemical Company: Company Snapshot
Figure 72 BASF SE: Company Snapshot
Figure 73 Clariant AG : Company Snapshot
Figure 74 Huntsman International Inc.: Company Snapshot
Figure 75 Idemitsu Kosan Co.: Company Snapshot
Figure 76 Akzonobel N.V.: Company Snapshot
Figure 77 Exxon Mobil: Company Snapshot
Figure 78 Croda International PLC: Company Snapshot

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