The Global Polyethylene Glycol 300 (PEG 300) Market was valued at USD 260 Million in 2025 and is projected to reach USD 380 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2024-2034). This robust growth is primarily driven by escalating demand from the pharmaceutical sector, where PEG 300 is a critical excipient, and its expanding applications in personal care, cosmetics, and industrial formulations.

As the chemical industry focuses on high-purity, versatile, and safe ingredients for advanced applications, the spotlight is on the key producers who are driving innovation, ensuring supply chain stability, and meeting stringent regulatory standards. In this blog, we profile the Top 10 Companies in the Polyethylene Glycol 300 (PEG 300) Industry—a mix of global chemical titans and specialized manufacturers shaping the future of this essential polymer.

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🔟 1. Dow Inc.

Headquarters: Midland, Michigan, USA
Key Offering: High-Purity PEG 300, Pharmaceutical and Industrial Grades

Dow is a global leader in materials science and a premier supplier of polyethylene glycols, including PEG 300. With extensive backward integration into ethylene oxide production, Dow ensures a reliable and cost-competitive supply chain. Their PEG 300 is renowned for its consistent quality and is a preferred choice for demanding pharmaceutical and personal care applications worldwide.

Innovation and Sustainability Initiatives:

• Investment in advanced purification technologies for ultra-high-purity grades

• Focus on sustainable production processes and circular economy principles

• Strong technical support and custom solutions for key customers in regulated industries

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

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9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Pluriol® E 300, Pharmaceutical and Cosmetic Grade PEG 300

BASF is a dominant force in the European and global chemical markets, offering a comprehensive portfolio of polyethylene glycols under its Pluriol® brand. The company’s strong R&D capabilities and adherence to stringent quality control standards make its PEG 300 a benchmark for the industry, particularly in pharmaceutical formulations requiring guaranteed purity and compliance.

Innovation and Sustainability Initiatives:

• Development of bio-based routes for glycol production

• Commitment to carbon-neutral growth ambitions by 2030

• Extensive application laboratories providing formulation support to customers

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8️⃣ 3. Sanyo Chemical Industries, Ltd.

Headquarters: Kyoto, Japan
Key Offering: PEG 300, Specialty PEG derivatives for niche applications

Sanyo Chemical is a major Asian producer with a strong focus on specialty chemicals. The company has a significant presence in the PEG 300 market, catering to the sophisticated demands of the Japanese and broader Asian pharmaceutical and electronics industries. Their expertise lies in producing tailored PEG grades for specific performance requirements.

Innovation and Sustainability Initiatives:

• Pioneering research in PEGylation technologies for drug delivery

• Focus on eco-friendly production methods and reducing environmental footprint

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7️⃣ 4. INEOS Group Holdings S.A.

Headquarters: London, United Kingdom
Key Offering: INEOS PEG 300, various grades for industrial and chemical applications

INEOS is one of the world’s largest chemical producers, with a formidable presence in the olefins and derivatives sector. The company’s substantial ethylene oxide capacity provides a solid foundation for its PEG 300 production. INEOS serves a broad customer base, with a strong emphasis on the European market and industrial applications.

Innovation and Sustainability Initiatives:

• Investment in plant modernization and capacity expansion

• Active participation in industry consortia for sustainable chemical manufacturing

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

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6️⃣ 5. Clariant AG

Headquarters: Muttenz, Switzerland
Key Offering: High-performance PEG 300 for cosmetics and pharmaceuticals

Clariant is a leading specialty chemical company with a focused portfolio that includes high-value polyethylene glycols. Their PEG 300 is engineered for performance in personal care and pharmaceutical formulations, emphasizing purity, safety, and functionality. Clariant’s customer-centric approach involves providing tailored solutions and technical expertise.

Innovation and Sustainability Initiatives:

• “EcoTain®” label for products achieving superior sustainability performance

• R&D focused on green chemistry and renewable raw materials

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5️⃣ 6. Liaoning Oxiranchem Inc. (Liao Ning)

Headquarters: Liaoning, China
Key Offering: Cost-competitive PEG 300 for industrial and export markets

As a significant Chinese producer, Liaoning Oxiranchem leverages China’s large-scale petrochemical infrastructure to produce PEG 300 efficiently. The company plays a crucial role in supplying the domestic market and serving global demand for industrial-grade product, contributing substantially to the overall global production capacity.

Innovation and Sustainability Initiatives:

• Capacity expansions to meet growing domestic and international demand

• Focus on improving production efficiency and environmental compliance

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4️⃣ 7. Jiangsu Haian Petrochemical Plant

Headquarters: Jiangsu, China
Key Offering: PEG 300, focusing on price-sensitive market segments

This Chinese manufacturer is a key player in the regional Asian market, producing PEG 300 primarily for industrial applications and the broader chemical sector. Its strategy is built on competitive pricing and reliable supply, making it an important link in the global PEG supply chain, especially for bulk buyers.

Innovation and Sustainability Initiatives:

• Gradual upgrades to meet international quality standards

• Expansion into higher-value pharmaceutical grades

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3️⃣ 8. Kimyagaran Emrooz Chemical Industries

Headquarters: Tehran, Iran
Key Offering: PEG 300 for regional markets in the Middle East

Kimyagaran Emrooz is a prominent chemical producer in Iran, serving the domestic and neighboring markets. The company benefits from access to local hydrocarbon feedstocks and plays a vital role in supplying the Middle East’s growing pharmaceutical and industrial sectors, ensuring regional supply security.

Innovation and Sustainability Initiatives:

• Investment in import substitution to serve local industry needs

• Development of technical capabilities for specialized applications

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2️⃣ 9. Linyi Guanghua Chemical Co., Ltd.

Headquarters: Shandong, China
Key Offering: Industrial and commercial grades of PEG 300

Linyi Guanghua Chemical is another significant Chinese contributor to the global PEG 300 supply. The company focuses on serving the vast domestic market and export customers with a reliable product. Its competitive positioning is essential for balancing the global market dynamics influenced by large-scale Asian production.

Innovation and Sustainability Initiatives:

• Optimization of manufacturing processes for greater efficiency

• Adherence to evolving environmental regulations in China

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1️⃣ 10. India Glycols Limited (IGL)

Headquarters: Noida, Uttar Pradesh, India
Key Offering: PEG 300, with a focus on green and renewable chemistries

India Glycols Limited is a unique player with a strong emphasis on bio-based ethylene glycol production. This positions them favorably in the growing market for sustainable chemicals. IGL supplies PEG 300 to the robust Indian pharmaceutical and personal care industries and is expanding its global footprint.

Innovation and Sustainability Initiatives:

• World’s first and largest manufacturer of bio-ethylene glycol

• Strategic pivot towards green and sustainable chemical solutions

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

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🧪 Outlook: The Future of PEG 300 is High-Purity and Sustainable

The Polyethylene Glycol 300 market is undergoing a significant evolution. While standard grades continue to serve large-volume industrial applications, the industry is increasingly focusing on high-purity specialties and sustainable production pathways to meet the demands of pharmaceuticals and premium cosmetics.

📈 Key Trends Shaping the Market:

• Rising demand for Pharmaceutical Grade PEG 300 with purity ≥99%

• Increased application in advanced drug delivery systems like nanomedicine

• Growing consumer and regulatory pressure for bio-based and green chemicals

• Expansion of production capacities in Asia, particularly China, influencing global pricing

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

The companies listed above are not only supplying a critical chemical ingredient—they are enabling advancements in healthcare, personal wellness, and industrial innovation worldwide.