The global Polyalkylene glycol market has been segmented on the basis of type, application, and geography. The application segment is sub-divided into lubricants, surface active agents, pharmaceutical, personal care, and others. Lubricants application is the leading segment, capturing the maximum share of the overall PAGs market in 2014.
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The automotive industry is the largest consumer of PAGs for lubricant application and the rapid growth of the industry is expected to drive the demand for polyalkylene glycols. The PAGs market size is estimated at USD 1.33 Billion in 2014 and is projected to reach USD 2.62 Billion by 2020, at a CAGR of 11.7% between 2015 and 2020. In this report, 2014 is considered as the base year and the forecast period is between 2015 and 2020.
Scope of the Report:
This report categorizes the global market for PAGs on the basis of type, application, and geography.
Polyalkylene Glycols Market Segmentation, by Type:
The PAGs market has been segmented on the basis of type into polyethylene glycol polypropylene glycol, and others.
Polyalkylene Glycols Market Segmentation, by Application:
The Polyalkylene glycol market has been segmented on the basis of application into lubricants, surface active agents, pharmaceutical, personal care, and others.
Polyalkylene Glycols Market Segmentation, by Geography:
The geographic analysis covers North America, Europe, Asia-Pacific, and Rest of the World.
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