World Polyethylene Glycol Market

Date: 2016-08

Polyethylene glycol (PEG) is a polyether compound largely used as a solvent, lubricant and solubility agent in various industrial applications. The forms and molecular weight of PEG varies according to the type of initiator used for its polymerization process. Due to its excellent characteristics, such as non-toxicity, hygroscopicity, solubility in the organic solvents, PEG is emerged as a lubricating solution in pharmaceutical applications, such as manufacturing of tablets and ointments. Moreover, increasing acceptance of waterborne coatings and paints in the construction and automotive industry is also expected to boost the demand of PEG as a wear resistant solvent.

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