MEA Polyethylene Glycol Market - Industry Trends and Forecast to 2030
Market Report I 2023-08-01 I 235 Pages I Data Bridge Market Research
Middle East and Africa polyethylene glycol market is expected to reach USD 1,084.17 million by 2030 from USD 685.59 million in 2022, growing at a CAGR of 6.0% during the forecast period of 2023 to 2030.
Market Segmentation
Middle East and Africa Polyethylene Glycol Market, By Grade (PEG 200, PEG 300, PEG 400, PEG 600, PEG 1000, PEG 3350, PEG 4000, PEG 6000, PEG 8000, and Others), Form (Opaque Liquid, White Waxy Solid, Flakes, and Powder), Packaging Type (Plastic Bottles, Drums, Bags, and Cartons), Application (Healthcare, Building and Construction, Industrial, Cosmetics/Personal Care, and Others), Countries (South Africa, Egypt, Saudi Arabia, Qatar, Oman, Kuwait, Bahrain, United Arab Emirates, Israel, and the rest of Middle East And Africa) - Industry Trends and Forecast to 2030
Overview of Middle East and Africa Polyethylene Glycol Market Dynamics
Drivers
- Growing demand for medicines
- Usage of pegylation technology in biotechnological and pharmaceutical applications
- High demand for water-based paints
Restraints
- Viscosity instability issues in PEG
- High demand for substitutes
Opportunities
- Production of polyethylene glycol- 400 for eye drop applications
- Production of PEG for skin therapy and ointment applications
Market Players
Some of the major market players operating in the Middle East and Africa polyethylene glycol market are:
- SABIC
- LOTTE Chemical Corporation
- Croda International Plc
- BASF SE
- Dow
- India Glycols Limited.
- Liaoning Kelong Fine Chemical Co., Ltd.
- Noah Chemicals
- GFS Chemicals, Inc.
- Hefei TNJ Chemical Industry Co., Ltd.
- CLARIANT
- Saibaba Surfactants PVT LTD
- Carl Roth GmbH + Co. KG
TABLE OF CONTENTS
1 INTRODUCTION 55
1.1 OBJECTIVES OF THE STUDY 55
1.2 MARKET DEFINITION 55
1.3 OVERVIEW OF THE MIDDLE EAST & AFRICA POLYETHYLENE GLYCOL MARKET 55
1.4 LIMITATIONS 57
1.5 MARKETS COVERED 57
2 MARKET SEGMENTATION 60
2.1 MARKETS COVERED 60
2.2 GEOGRAPHICAL SCOPE 61
2.3 YEARS CONSIDERED FOR THE STUDY 62
2.4 CURRENCY AND PRICING 62
2.5 DBMR TRIPOD DATA VALIDATION MODEL 63
2.6 MULTIVARIATE MODELLING 66
2.7 TREATMENT LIFELINE CURVE 66
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 67
2.9 DBMR MARKET POSITION GRID 68
2.10 MARKET APPLICATION COVERAGE GRID 69
2.11 SECONDARY SOURCES 70
2.12 ASSUMPTIONS 70
3 EXECUTIVE SUMMARY 71
4 PREMIUM INSIGHTS 74
4.1 PESTEL ANALYSIS 75
4.2 PORTER'S FIVE FORCES: 78
4.3 REGULATORY FRAMEWORK 80
4.4 IMPORT EXPORT SCENARIO 82
4.5 PRODUCTION CONSUMPTION ANALYSIS 90
4.6 RAW MATERIAL COVERAGE - MIDDLE EAST & AFRICA POLYETHYLENE GLYCOL MARKET 91
4.7 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 92
4.8 VENDOR SELECTION CRITERIA 93
5 MIDDLE EAST & AFRICA POLYETHYLENE GLYCOL MARKET: PRICE INDEX 94
6 PRODUCTION CAPACITY 95
7 SUPPLY CHAIN ANALYSIS 96
7.1 OVERVIEW 96
7.2 LOGISTIC COST SCENARIO 96
7.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 96
8 MARKET OVERVIEW 97
8.1 DRIVERS 99
8.1.1 GROWING DEMAND FOR MEDICINES 99
8.1.2 HIGH DEMAND OF ICE-CREAMS 99
8.1.3 USAGE OF PEGLYCATION TECHNOLOGY IN BIOTECHNOLOGICAL AND PHARMACEUTICAL APPLICATIONS 100
8.1.4 HIGH DEMAND FOR WATER-BASED PAINTS 101
8.2 RESTRAINTS 101
8.2.1 VISCOSITY STABILITY ISSUES IN PEG 101
8.2.2 STRICT REGULATIONS IN THE PHARMACEUTICAL INDUSTRY 102
8.2.3 ENVIRONMENTAL REGULATIONS 102
8.2.4 HIGH DEMAND FOR SUBSTITUTES 103
8.3 OPPORTUNITIES 103
8.3.1 PRODUCTION OF POLYETHYLENE GLYCOL- 400 FOR EYE DROP APPLICATIONS 103
8.3.2 PRODUCTION OF PEG FOR SKIN THERAPY AND OINTMENT APPLICATIONS 104
8.3.3 USE OF POLYETHYLENE GLYCOL AS AN ADDITIVES TO IMPROVE THE PROPERTIES OF PAINT AND COATINGS 104
8.4 CHALLENGES 105
8.4.1 FLUCTUATING RAW MATERIAL PRICES 105
8.4.2 HIGH IMPORT TARIFFS AND REGULATIONS 105
8.4.3 IMMEDIATE ALLERGIC REACTIONS OF PEG 106
9 MIDDLE EAST & AFRICA POLYETHYLENE GLYCOL MARKET, BY GRADE 107
9.1 OVERVIEW 108
9.2 PEG 400 110
9.3 PEG 600 111
9.4 PEG 200 112
9.5 PEG 300 113
9.6 PEG 1000 114
9.7 PEG 3350 115
9.8 PEG 4000 116
9.9 PEG 8000 117
9.10 PEG 6000 118
9.11 PEG 10000 119
9.12 PEG 20000 120
10 MIDDLE EAST & AFRICA POLYETHYLENE GLYCOL MARKET, BY FORM 121
10.1 OVERVIEW 122
10.2 OPAQUE LIQUID 123
10.3 FLAKES/POWDER 124
10.4 WHITE WAXY SOLID 125
11 MIDDLE EAST & AFRICA POLYETHYLENE GLYCOL MARKET, BY PACKAGING SIZE 127
11.1 OVERVIEW 128
11.2 DRUMS 129
11.3 PLASTIC BOTTLES 130
12 MIDDLE EAST & AFRICA POLYETHYLENE GLYCOL MARKET, BY APPLICATION 132
12.1 OVERVIEW 133
12.2 HEALTHCARE 134
12.2.1 PHARMACEUTICALS 136
12.2.1.1 TABLETS 137
12.2.1.2 OINTMENTS 137
12.2.2 COLONOSCOPY 137
12.2.3 BARIUM ENEMA PREPARATION 137
12.3 INDUSTRIAL 137
12.4 COSMETICS/PERSONAL CARE 138
12.4.1 SKIN CREAM 140
12.4.2 TOOTHPASTE 140
12.4.3 PERSONAL LUBRICANTS 140
12.4.4 OTHERS 140
12.5 BUILDING AND CONSTRUCTION 140
12.5.1 PAINTS AND COATINGS 142
12.5.2 CERAMIC TILES 142
12.5.3 OTHERS 142
12.6 OTHERS 142?
13 MIDDLE EAST & AFRICA POLYETHYLENE GLYCOL MARKET, BY REGION 144
13.1 MIDDLE EAST AND AFRICA 145
13.1.1 SAUDI ARABIA 155
13.1.2 EGYPT 160
13.1.3 SOUTH AFRICA 165
13.1.4 QATAR 170
13.1.5 UNITED ARAB EMIRATES 175
13.1.6 OMAN 180
13.1.7 KUWAIT 185
13.1.8 BAHRAIN 190
13.1.9 REST OF MIDDLE EAST AND AFRICA 195
14 COMPANY LANDSCAPE 197
14.1 COMPANY SHARE ANALYSIS: MIDDLE EAST & AFRICA 197
15 SWOT ANALYSIS 198
16 COMPANY PROFILE 199
16.1 SABIC 199
16.1.1 COMPANY SNAPSHOT 199
16.1.2 REVENUE ANALYSIS 199
16.1.3 COMPANY SHARE ANALYSIS 200
16.1.4 PRODUCT PORTFOLIO 200
16.1.5 RECENT DEVELOPMENTS 201
16.2 MERCK KGAA 202
16.2.1 COMPANY SNAPSHOT 202
16.2.2 REVENUE ANALYSIS 202
16.2.3 COMPANY SHARE ANALYSIS 203
16.2.4 PRODUCT PORTFOLIO 203
16.2.5 RECENT DEVELOPMENTS 204
16.3 DOW 205
16.3.1 COMPANY SNAPSHOT 205
16.3.2 REVENUE ANALYSIS 205
16.3.3 COMPANY SHARE ANALYSIS 206
16.3.4 PRODUCT PORTFOLIO 206
16.3.5 RECENT DEVELOPMENTS 207?
16.4 BASF SE 208
16.4.1 COMPANY SNAPSHOT 208
16.4.2 REVENUE ANALYSIS 208
16.4.3 COMPANY SHARE ANALYSIS 209
16.4.4 PRODUCT PORTFOLIO 209
16.4.5 RECENT DEVELOPMENTS 210
16.5 INEOS 211
16.5.1 COMPANY SNAPSHOT 211
16.5.2 REVENUE ANALYSIS 211
16.5.3 COMPANY SHARE ANALYSIS 212
16.5.4 PRODUCT PORTFOLIO 212
16.5.5 RECENT DEVELOPMENTS 213
16.6 LOTTE CHEMICAL CORPORATION 214
16.6.1 COMPANY SNAPSHOT 214
16.6.2 REVENUE ANALYSIS 214
16.6.3 COMPANY SHARE ANALYSIS 215
16.6.4 PRODUCT PORTFOLIO 215
16.6.5 RECENT DEVELOPMENTS 215
16.7 HEFEI TNJ CHEMICAL INDUSTRY CO., LTD. 216
16.7.1 COMPANY SNAPSHOT 216
16.7.2 PRODUCT PORTFOLIO 216
16.7.3 RECENT DEVELOPMENTS 217
16.8 CLARIANT 218
16.8.1 COMPANY SNAPSHOT 218
16.8.2 REVENUE ANALYSIS 218
16.8.3 PRODUCT PORTFOLIO 219
16.8.4 RECENT DEVELOPMENT 219
16.9 CRODA INTERNATIONAL PLC 220
16.9.1 COMPANY SNAPSHOT 220
16.9.2 REVENUE ANALYSIS 220
16.9.3 PRODUCT PORTFOLIO 221
16.9.4 RECENT DEVELOPMENTS 221
16.10 GFS CHEMICALS, INC. 223
16.10.1 COMPANY SNAPSHOT 223
16.10.2 PRODUCT PORTFOLIO 223
16.10.3 RECENT DEVELOPMENT 224
16.11 INDIA GLYCOLS LIMITED 225
16.11.1 COMPANY SNAPSHOT 225
16.11.2 REVENUE ANALYSIS 225
16.11.3 PRODUCT PORTFOLIO 226
16.11.4 RECENT DEVELOPMENTS 226
16.12 LIAONING KELONG FINE CHEMICAL CO., LTD. 227
16.12.1 COMPANY SNAPSHOT 227
16.12.2 PRODUCT PORTFOLIO 227
16.12.3 RECENT DEVELOPMENTS 227
16.13 LIAONING OXIRANCHEM INC. 228
16.13.1 COMPANY SNAPSHOT 228
16.13.2 PRODUCT PORTFOLIO 228
16.13.3 RECENT DEVELOPMENTS 228
16.14 MIL-SPEC INDUSTRIES CORPORATION 229
16.14.1 COMPANY SNAPSHOT 229
16.14.2 PRODUCT PORTFOLIO 229
16.14.3 RECENT DEVELOPMENT 229
16.15 NOAH CHEMICALS 230
16.15.1 COMPANY SNAPSHOT 230
16.15.2 PRODUCT PORTFOLIO 230
16.15.3 RECENT DEVELOPMENT 230
16.16 PROCHEM, INC 231
16.16.1 COMPANY SNAPSHOT 231
16.16.2 PRODUCT PORTFOLIO 231
16.16.3 RECENT DEVELOPMENT 231
17 QUESTIONNAIRE 232
18 RELATED REPORTS 235
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