According to a new report from Intel Market Research, the global Polyethylene Glycol 6000 market was valued at $865 million in 2024 and is projected to reach $1,102 million by 2031, growing at a steady CAGR of 4.0% during the forecast period. This growth trajectory reflects the compound's expanding applications across pharmaceuticals, cosmetics, and industrial sectors, driven by its versatile physicochemical properties.
Polyethylene Glycol 6000 (PEG 6000) is a high-molecular-weight polymer (average MW ~6000) from the polyethylene oxide family. Renowned for its water solubility, low toxicity, and excellent biocompatibility, PEG 6000 serves as:
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The drug formulation sector accounts for over 35% of PEG 6000 consumption, according to industry analyses. Its role in enhancing solubility of poorly water-soluble APIs continues to gain importance, particularly with 60% of new chemical entities exhibiting solubility challenges. Recent FDA approvals of PEG-based formulations have further validated its pharmaceutical utility.
Demand from personal care manufacturers grew 12% year-over-year as formulators leverage PEG 6000's moisture retention properties. Its compatibility with active ingredients makes it particularly valuable in anti-aging serums and dermal delivery systems.
Textile and paper manufacturers are increasingly adopting PEG 6000 to:
The market features both global chemical giants and specialized manufacturers, including:
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