Polyethylene Oxide (PEO) is a synthetic, water-soluble polymer. It is commonly used in industrial, medical and cosmetic applications due to its unique properties, such as its ability to form thin films, absorb large amounts of water, and increase viscosity in water-based systems. PEO is commercially available as a white powder, flakes, or pellets and is used in a variety of industries, including food, agriculture, cosmetics, pharmaceuticals, and textiles.
PEO is used in many industries for its unique properties, such as its ability to increase viscosity and form thin films. It is also used as a thickening agent in food and cosmetics, and as a suspending agent in pharmaceuticals. In the textile industry, PEO is used to give fibers a soft and smooth texture. In agriculture, it is used as a soil conditioner and to improve soil fertility.
Globally, PEO is used in various industries across the world. It is used in the food industry in countries like the United States, Canada, Australia, and Europe. In the pharmaceutical industry, PEO is used in countries including India, Thailand, and China. In the cosmetic industry, PEO is used in countries like France, Germany, Japan, and the United Kingdom. In the textile industry, PEO is used in countries such as India, China, Pakistan, and Bangladesh.
The global Polyethylene Oxide (PEO) market was valued at US$ 253.7 million in 2022 and is anticipated to reach US$ 298 million by 2029, witnessing a CAGR of 2.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Polyethylene Oxide (PEO) Market available at: https://www.themarketreports.com/report/global-polyethylene-oxide-peo-market-research-report
This report aims to provide a comprehensive presentation of the global market for Polyethylene Oxide (PEO), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polyethylene Oxide (PEO).
Dow Chemical(US), Sumitomo Seika(JP) and Meisei Chemical Works(JP) are the top 3 manufacturters of Polyethylene Oxide (PEO), with about 76% market shares.
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