The global market for polyethylene glycol (PEG) is set to grow by 5.8% over the next seven years, according to a forecast by Data Bridge Market Research. PEG, which has been used in many products including food packaging, packaging and plastics, was developed as an alternative to petrochemicals such as petroleum jelly or paraffin wax.
The global market for polyethylene glycol (PEG) is set to grow by 5.8% over the next seven years, according to a forecast by Data Bridge Market Research. PEG, which is produced when ethylene glycol polymerises and reacts with itself in water, has a range of applications in sectors including health care, construction and cosmetics, and is also used in antifreeze.