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

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.

Free Valuable Insights: The Worldwide Polyethylene Glycol Market is Projected to reach 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 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
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Polyethylene Glycol Market, by Application
1.4.2 LAMEA 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. LAMEA Polyethylene Glycol Market, By Application
4.1 LAMEA Medical Market, By Country
4.2 LAMEA Personal Care Market, By Country
4.3 LAMEA Industrial Market, By Country
4.4 LAMEA Others Market, By Country

Chapter 5. LAMEA Polyethylene Glycol Market, By Country
5.1 Brazil Polyethylene Glycol Market
5.1.1 Brazil Polyethylene Glycol Market, By Application
5.2 Argentina Polyethylene Glycol Market
5.2.1 Argentina Polyethylene Glycol Market, By Application
5.3 UAE Polyethylene Glycol Market
5.3.1 UAE Polyethylene Glycol Market, By Application
5.4 Saudi Arabia Polyethylene Glycol Market
5.4.1 Saudi Arabia Polyethylene Glycol Market, By Application
5.5 South Africa Polyethylene Glycol Market
5.5.1 South Africa Polyethylene Glycol Market, By Application
5.6 Nigeria Polyethylene Glycol Market
5.6.1 Nigeria Polyethylene Glycol Market, By Application
5.7 Rest of LAMEA Polyethylene Glycol Market
5.7.1 Rest of LAMEA 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 LAMEA Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 6 LAMEA Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 7 LAMEA Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Medical Market, By Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Medical Market, By Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Medical Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Medical Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Personal Care Market, By Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Personal Care Market, By Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Personal Care Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Personal Care Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Industrial Market, By Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Industrial Market, By Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Industrial Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Industrial Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Others Market, By Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Others Market, By Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Polyethylene Glycol Market, By Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Polyethylene Glycol Market, By Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Polyethylene Glycol Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Polyethylene Glycol Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Brazil Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 30 Brazil Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 31 Brazil Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 32 Brazil Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 33 Brazil Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 34 Brazil Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 35 Brazil Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 36 Brazil Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 37 Argentina Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 38 Argentina Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 39 Argentina Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 40 Argentina Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 41 Argentina Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 42 Argentina Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 43 Argentina Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 44 Argentina Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 45 UAE Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 46 UAE Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 47 UAE Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 48 UAE Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 49 UAE Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 50 UAE Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 51 UAE Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 52 UAE Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 53 Saudi Arabia Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Saudi Arabia Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Saudi Arabia Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 60 Saudi Arabia Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 61 South Africa Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 62 South Africa Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 63 South Africa Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 64 South Africa Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 65 South Africa Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 66 South Africa Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 67 South Africa Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 68 South Africa Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 69 Nigeria Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 70 Nigeria Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 71 Nigeria Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Nigeria Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Nigeria Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 74 Nigeria Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 75 Nigeria Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Nigeria Polyethylene Glycol Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Rest of LAMEA Polyethylene Glycol Market, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Polyethylene Glycol Market, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Polyethylene Glycol Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Rest of LAMEA Polyethylene Glycol Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Rest of LAMEA Polyethylene Glycol Market, By Application, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Polyethylene Glycol Market, By Application, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Polyethylene Glycol Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 84 Rest of LAMEA 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 LAMEA 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 LAMEA Polyethylene Glycol Market share, By Application, 2022
FIG 6 LAMEA Polyethylene Glycol Market share, By Application, 2030
FIG 7 LAMEA Polyethylene Glycol Market, By Application, 2019 - 2030, USD Million
FIG 8 LAMEA Polyethylene Glycol Market share, By Country, 2022
FIG 9 LAMEA Polyethylene Glycol Market share, By Country, 2030
FIG 10 LAMEA 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.