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

The Europe Polyethylene Glycol Market would witness market growth of 5.5% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 308.01 Kilo tonnes, showcasing a growth of 3.0% (2019-2022).

The Germany market dominated the Europe Polyethylene Glycol Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $264.9 million by 2030. The UK market is exhibiting a CAGR of 5.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6% during (2023 - 2030).

In recent years, an increasing focus has been placed on sustainability and environmental awareness. This shift has increased demand for bio-based polyethylene glycol derived from renewable sources such as plant-based feedstocks. Manufacturers are investing in research and development to produce bio-based PEG with comparable or enhanced performance attributes while reducing the environmental impact. PEG's lubricating properties contribute to its effectiveness in reducing friction and wear in machinery. As a lubricant additive, PEG enhances the overall efficiency of industrial equipment, mitigating the impact of mechanical stress and prolonging the lifespan of moving parts.

Additionally, the intersection of polyethylene glycol with nanotechnology opens new frontiers in drug delivery and medical applications. PEGylation, the process of attaching PEG chains to nanoparticles, enhances their stability, biocompatibility, and circulation time in the body. This trend is particularly evident in developing targeted drug delivery systems, improving the therapeutic efficacy of pharmaceutical compounds. The attachment of PEG chains to nanoparticles increases their circulation time in the body. This is crucial for drug delivery systems, as it allows the nanoparticles to reach the target site and exert their therapeutic effects over an extended period, improving the overall efficacy of the treatment.

According to the Eurostat data, Germany had the highest level of current healthcare expenditure among the EU Member States, valued at €432 billion in 2020. Following Italy ($160 billion) and Spain ($120 billion) in terms of current healthcare spending was France ($281 billion). More than any other EU Member State, current healthcare spending in Germany and France was comparable to 12.8% and 12.2% of GDP, respectively. The ratios in Austria (11.5%), Sweden (11.4%), the Netherlands (11.1%), and Belgium (11.1%) were the following highest. Spain, Portugal, and Denmark were the only EU Member States to record double-digit ratios. Luxembourg and Denmark incurred the greatest current healthcare expenditures among EU Member States in 2020, in euro terms and relation to population size (€5 875 per inhabitant and €5 642). Therefore, the growing healthcare sector in Europe is expected to boost the demand for polyethylene glycol in the region.

Free Valuable Insights: The Global Polyethylene Glycol Market will Hit USD 7 Billion by 2030, at a CAGR of 5.8%

Based on Application, the market is segmented into Medical, Personal Care, Industrial, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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.

Europe 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)

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Polyethylene Glycol Market, by Application
1.4.2 Europe Polyethylene Glycol Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Europe Polyethylene Glycol Market, By Application
4.1 Europe Medical Market, By Country
4.2 Europe Personal Care Market, By Country
4.3 Europe Industrial Market, By Country
4.4 Europe Others Market, By Country

Chapter 5. Europe Polyethylene Glycol Market, By Country
5.1 Germany Polyethylene Glycol Market
5.1.1 Germany Polyethylene Glycol Market, By Application
5.2 UK Polyethylene Glycol Market
5.2.1 UK Polyethylene Glycol Market, By Application
5.3 France Polyethylene Glycol Market
5.3.1 France Polyethylene Glycol Market, By Application
5.4 Russia Polyethylene Glycol Market
5.4.1 Russia Polyethylene Glycol Market, By Application
5.5 Spain Polyethylene Glycol Market
5.5.1 Spain Polyethylene Glycol Market, By Application
5.6 Italy Polyethylene Glycol Market
5.6.1 Italy Polyethylene Glycol Market, By Application
5.7 Rest of Europe Polyethylene Glycol Market
5.7.1 Rest of Europe Polyethylene Glycol Market, By Application

Chapter 6. Company Profiles
6.1 BASF SE
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 Recent strategies and developments:
6.1.5.1 Geographical Expansions:
6.1.6 SWOT Analysis
6.2 The Dow Chemical Company
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 SWOT Analysis
6.3 LOTTE Chemical Corporation (LOTTE Corp.)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.4 INEOS Group Holdings S.A. (INEOS Oligomers)
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 SWOT Analysis
6.5 Croda International PLC
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 SWOT Analysis
6.6 India Glycols Limited
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.6.5 SWOT Analysis
6.7 Liaoning Oxiranchem Inc.
6.7.1 Company Overview
6.7.2 SWOT Analysis
6.8 Jiangsu Hai'an Petrochemical Plant
6.8.1 Company Overview
6.8.2 SWOT Analysis
6.9 Liaoning Kelong Fine Chemical Co., Ltd.
6.9.1 Company Overview
6.9.2 SWOT Analysis
6.10. Shanghai Bronkow Chemical Co. Ltd.
6.10.1 Company Overview

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

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Polyethylene Glycol Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Polyethylene Glycol Market
FIG 4 Porter’s Five Forces Analysis - Polyethylene Glycol Market
FIG 5 Europe Polyethylene Glycol Market share, By Application, 2022
FIG 6 Europe Polyethylene Glycol Market share, By Application, 2030
FIG 7 Europe Polyethylene Glycol Market, By Application, 2019 - 2030, USD Million
FIG 8 Europe Polyethylene Glycol Market share, By Country, 2022
FIG 9 Europe Polyethylene Glycol Market share, By Country, 2030
FIG 10 Europe Polyethylene Glycol Market, By Country, 2019 - 2030, USD Million
FIG 11 SWOT Analysis: BASF SE
FIG 12 SWOT Analysis: The Dow Chemical Company
FIG 13 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 14 Swot Analysis: Croda International PLC
FIG 15 Swot Analysis: India Glycols Limited
FIG 16 Swot Analysis: Liaoning Oxiranchem Inc.,
FIG 17 Swot Analysis: Jiangsu Hai'an Petrochemical Plant
FIG 18 Swot Analysis: Liaoning Kelong Fine Chemical Co., Ltd.