Introduction
Polyethylene glycol (PEG) is a versatile polymer widely used across pharmaceuticals, cosmetics, food processing, and industrial manufacturing. Known for its solubility, low toxicity, and chemical stability, PEG plays a critical role in products ranging from drug formulations and skin creams to lubricants and coatings. Its adaptability and compatibility with other compounds make it a valuable material in both healthcare and commercial sectors.
According to Marketintelo, “The global Polyethylene Glycol size was valued at approximately USD 5.6 billion in 2024 and is projected to reach USD 8.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.9% during the forecast period 2024–2032.
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What Makes Polyethylene Glycol Unique?
PEG is derived from ethylene oxide and water, resulting in polymers with different molecular weights that determine their specific applications. Lower molecular weight PEGs are liquid and used in pharmaceuticals, cosmetics, and as solvents, while…