Europe Polyethylene Glycol Market Industry Analysis and Forecast 2028
The Polyethylene Glycol Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.9% in the forecast period of 2021 to 2028 and is expected to reach USD 489,988.80 thousand by 2028. Industry Analysis PEG or polyethylene glycol is a polymeric material composed of ethylene oxide and water as monomers which are not only hydrophilic but also biocompatible, though it is a synthetic molecule synthesized by polymerization of ethylene oxide where a ring-opening takes place. As is it composed of water and ethylene oxide, it finds innumerable application in industries ranging from pharmaceuticals to construction . The growth in the building and construction industry particularly in developing countries has increased the production and availability of different grades of polyethylene glycol, particularly for the use in water-based paints to provide a high-qualit...