Polyethylene Glycol Market Share

Market Share for Polyethylene Glycol

The polyethylene glycol market is fragmented due to the wide range of applications of these products. Further, certain applications have stringent mandates for quality and purity, especially pharmaceuticals and cosmetics, while others, especially industrial ones, either have relaxed regulations or none at all. Additionally, the regulatory scenario differs across countries, with advanced economies generally characterized by stricter mandates than developing countries. This leads to the dominance of different kinds of players in different regions and countries. Additionally, lower grades do not entail much investments and R&D expertise to produce, which is why small, local firms enjoy a sizable output.