Polyalkylene Glycol Market 2015-2025 Shares, Trend and Growth Report

Polyalkylene glycol is a hydrofluoro carbon synthesized from propylene oxides or ethylene oxides. Polyalkylene glycols are used in several applications such as Gear Lubricants, Hydraulic Fluid Lubricants, turbine oils, industrial air compressor fluids, pharmaceuticals, textile and lot more. Polyalkylene glycol copolymers synthesized from a high level of ethylene oxides provide best friction control and are alternatives to hydrocarbon lubricants. Polyalkylene glycol is one of the few synthetic substances identified by the FDA food additive regulation for food grade lubricants.

Polyalkylene glycol are also referred as Polyglycol or ployglycol ether that are characterized with great viscosity index, very good lubricity properties and very low toxicity. Oil soluble Polyalkylene glycol offers better friction when it is used as additive and it is an alternative to synthetic ester as a friction modifier. Polyalkylene glycol are also used as lubricants in textile manufacturing equipment as extreme-pressure gear lubricants.

With the increasing consumption of synthetic lubricant and automotive lubricants across the world, the global Polyalkylene glycol market is projected to grow with a significant growth rate during the forecast period 2015-2025.

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Polyalkylene Glycol Market: Drivers & Restraints

The demand for Polyalkylene glycol market is expected to grow with a considerable CAGR owing to the usage of this compound in several industries and its emerging applications such as Tunnel boring and wind turbine lubricants.

Moreover, the advantages offered by the Polyalkylene glycol such as low volatility in high-temperature applications, residue resistance property, best lubrication for compressors, environment friendly nature, water solubility, prominent energy efficiency that allows for easy clean-up of equipment and huge scope of innovation, are anticipated to build a...