The Global Polyethylene Glycol 300 (PEG 300) Market was valued at US$ 260 Million in 2025 and is projected to reach US$ 380 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period. In 2025, global production reached approximately 180,000 tons, with a production capacity of 215,000 tons and an average selling price of about US$1,580 per ton. This stable growth is fueled by the compound’s indispensable role as a solubilizer, humectant, and excipient across the pharmaceutical, cosmetic, and industrial sectors.

As industries increasingly demand high-purity, multifunctional, and biocompatible chemical ingredients, the manufacturers of PEG 300 are at the forefront of innovation and supply chain leadership. This blog profiles the Top 10 Companies in the Polyethylene Glycol 300 (PEG 300) Market—a mix of global chemical giants and specialized producers shaping the future of this versatile polymer.

Download FREE Sample Report:
Polyethylene Glycol 300?PEG 300? Market – View in Detailed Research Report

---

🔟 1. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: CARBOWAX™ PEG 300, Pharmaceutical and Industrial Grades

Dow is a global leader in specialty chemicals and a dominant force in the polyethylene glycols market. Its CARBOWAX™ brand of PEG 300 is renowned for high purity and consistency, serving critical applications in pharmaceuticals as a solvent and excipient, and in industrial formulations as a lubricant and plasticizer.

Innovation and Market Position:

• Extensive R&D in bio-based and sustainable PEG production pathways
• Strong global supply chain with major production facilities in the Americas, Europe, and Asia
• Leading supplier to top-tier pharmaceutical and personal care companies

---

9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Pluriol® E 300, High-Purity PEG 300 for Pharma and Cosmetics

BASF is one of the world’s largest chemical producers, with a comprehensive portfolio of polyethylene glycols. Its Pluriol® E series includes high-quality PEG 300 that meets stringent pharmacopeia standards (USP, Ph. Eur.), making it a preferred choice for drug formulation and cosmetic products.

Innovation and Market Position:

• Investment in green chemistry and reducing the carbon footprint of ethylene oxide derivatives
• Strategic focus on high-value applications in regulated industries
• Global technical support and customer collaboration for custom formulations

---

8️⃣ 3. INEOS Oxide

Headquarters: Rolle, Switzerland
Key Offering: INEOS PEG 300, Industrial and Cosmetic Grades

INEOS Oxide is a major global producer of ethylene oxide and its derivatives, including a wide range of polyethylene glycols. The company’s PEG 300 is widely used in Europe and Asia-Pacific for applications in ceramics, textiles, and personal care, supported by a robust manufacturing network.

Innovation and Market Position:

• Backward integration into ethylene oxide ensures supply stability and cost competitiveness
• Focus on expanding capacity to meet growing Asian demand
• Strong presence in industrial applications alongside pharmaceutical markets

---

7️⃣ 4. Sanyo Chemical Industries, Ltd.

Headquarters: Kyoto, Japan
Key Offering: PEG 300, Pharmaceutical and Cosmetic Grade

Sanyo Chemical is a leading Japanese chemical company with a strong focus on functional chemicals. Its PEG 300 production is characterized by high purity and is a key material for the thriving pharmaceutical and cosmetics industries in Japan and across Asia.

Innovation and Market Position:

• Specialization in high-margin, specialty chemical applications
• Strong R&D in PEG derivatives for niche functionalities
• Significant market share in the Asia-Pacific region

Download FREE Sample Report:
Polyethylene Glycol 300?PEG 300? Market – View in Detailed Research Report

---

6️⃣ 5. Clariant AG

Headquarters: Muttenz, Switzerland
Key Offering: Genapol® PEG 300, Specialty Grades for Cosmetics and Pharma

Clariant is a focused specialty chemical company with a strong portfolio of care chemicals. Its Genapol® and other PEG products are engineered for performance in personal care as emulsifiers and humectants, and in pharmaceuticals as safe and effective excipients.

Innovation and Market Position:

• Emphasis on sustainability and bio-based raw materials
• Tailored solutions for sensory and performance characteristics in cosmetics
• Global regulatory expertise to support product approvals

---

5️⃣ 6. Liaoning Oxiranchem, Inc. (Liaoning Shengdehuaxing Chemical)

Headquarters: Liaoning, China
Key Offering: PEG 300, Industrial and Pharmaceutical Grades

As a major Chinese producer specializing in ethylene oxide derivatives, Liaoning Oxiranchem has a significant share of the domestic and Asian PEG 300 market. The company is crucial for supplying cost-effective grades to the region’s growing chemical and pharmaceutical industries.

Innovation and Market Position:

• Large-scale production capacity catering to bulk industrial demand
• Increasing investment in purification technologies to serve pharmaceutical markets
• Key player in the cost-sensitive segment of the market

---

4️⃣ 7. Jiangsu Dynamic Chemical Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: PEG 300, Various Purities for Multiple Applications

Jiangsu Dynamic Chemical is a prominent manufacturer of polyether products in China. The company produces PEG 300 that serves a broad spectrum of applications, from industrial lubricants and metalworking fluids to chemical intermediates.

Innovation and Market Position:

• Competitive pricing strategy for volume-driven markets
• Diversified application base reducing dependency on single industries
• Strong distribution network within China and for exports

---

3️⃣ 8. Kimyagaran Emrooz Chemical Industries

Headquarters: Tehran, Iran
Key Offering: PEG 300, Serving Regional Pharmaceutical and Industrial Sectors

Kimyagaran Emrooz is a leading chemical producer in the Middle East, supplying PEG 300 to the regional market. The company plays a vital role in the supply chain for Iran and neighboring countries, particularly for pharmaceutical manufacturing.

Innovation and Market Position:

• Focus on serving the specific needs of the Middle Eastern market
• Investment in quality control to meet regional pharmacopeia standards
• Strategic importance in a geographically concentrated market

---

2️⃣ 9. Linyi Guoli Chemical Co., Ltd.

Headquarters: Shandong, China
Key Offering: PEG 300, Primarily Industrial Grade

Linyi Guoli Chemical is a significant Chinese manufacturer of polyethylene glycols and other surfactants. The company’s strength lies in producing PEG 300 for large-volume industrial applications, such as textiles, paper, and construction chemicals.

Innovation and Market Position:

• Cost-effective production for price-sensitive industrial buyers
• Established presence in China’s vast manufacturing sector
• Expanding export operations to Southeast Asia and Africa

---

1️⃣ 10. Tongxiang Henglong Chemical Co., Ltd.

Headquarters: Zhejiang, China
Key Offering: PEG 300, Industrial and Technical Grades

Tongxiang Henglong Chemical specializes in the production of polyols and surfactants. It is a key supplier of PEG 300 within China’s Yangtze River Delta industrial hub, catering to the needs of local manufacturers in various downstream industries.

Innovation and Market Position:

• Strategic location near major industrial consumers and ports
• Flexible production capable of adjusting to market demands
• Growing capability to produce higher purity grades for advanced applications

Get Full Report Here:
Polyethylene Glycol 300?PEG 300? Market – View in Detailed Research Report

---

🧪 Outlook: The Future of PEG 300 is Driven by Purity and Sustainability

The PEG 300 market is evolving beyond its traditional roles, with innovation focused on higher purity levels, sustainable sourcing, and novel applications. While industrial demand remains the volume driver, the high-value pharmaceutical and cosmetic segments are generating the most significant growth and margin opportunities.

📈 Key Trends Shaping the Market:

• Pharmaceutical Boom: Increasing use of PEG 300 in oral liquids, topical formulations, and as a solvent for poorly soluble drugs is a major growth driver.
• Green Chemistry Focus: Manufacturers are exploring bio-ethylene oxide routes and processes with lower environmental impact to meet corporate sustainability goals.
• Regional Capacity Expansion: China and other Asian countries are significantly increasing production capacity to become self-reliant and major exporters.
• Stringent Regulations: Evolving pharmacopeia standards and REACH-like regulations are pushing manufacturers to invest in advanced purification and quality control.

Get Full Report Here:
Polyethylene Glycol 300?PEG 300? Market – View in Detailed Research Report

The companies listed above are not only supplying a vital chemical workhorse—they are enabling advancements in medicine, personal care, and industrial processes worldwide.