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 growth is propelled by the expanding pharmaceutical sector, where PEG 300 is a critical excipient, alongside increasing demand from personal care, cosmetics, and industrial applications.

As the chemical industry evolves toward high-purity and bio-compatible solutions, the focus turns to the key manufacturers who are driving product innovation, supply chain reliability, and application development. In this blog, we profile the Top 10 Companies in the Polyethylene Glycol 300 (PEG 300) Industry—a combination of global chemical giants and specialized producers shaping the future of this versatile polymer.

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🔟 1. Dow Inc.

Headquarters: Midland, Michigan, USA
Key Offering: Industrial Grade PEG 300, Pharmaceutical Grade PEG 300

Dow is a global leader in the production of polyethylene glycols, including PEG 300, leveraging its extensive petrochemical integration and advanced manufacturing capabilities. The company supplies high-purity grades to the pharmaceutical, personal care, and chemical industries worldwide, supported by a robust global distribution network.

Innovation and Expansion Initiatives:

• Investment in high-purity production technologies for pharmaceutical applications

• Strategic focus on sustainable and bio-based chemical production pathways

• Expansion of Asian market presence to cater to growing regional demand

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 Grade), Cosmetic Grade PEG 300

BASF is a premier supplier of PEG 300, renowned for its stringent quality control and extensive product portfolio under the Pluriol® brand. The company serves a diverse clientele, with a strong emphasis on the European pharmaceutical and personal care markets, ensuring compliance with major pharmacopoeias.

Innovation and Expansion Initiatives:

• Development of ultra-pure PEG grades for advanced drug delivery systems

• Commitment to carbon-neutral production processes by 2050

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8️⃣ 3. Sanyo Chemical Industries, Ltd.

Headquarters: Kyoto, Japan
Key Offering: PEG 300 for industrial and cosmetic applications

Sanyo Chemical is a key player in the Asian PEG 300 market, known for its high-quality products and technical expertise. The company has a strong foothold in the electronics and cosmetics sectors, providing tailored solutions for specific application requirements.

Innovation and Expansion Initiatives:

• Focus on specialty chemicals and performance-enhancing PEG derivatives

• Expansion of production capacity to meet growing regional demand

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7️⃣ 4. INEOS Group

Headquarters: London, United Kingdom
Key Offering: Industrial and Pharmaceutical Grade PEG 300

INEOS is a major global chemical producer with significant capabilities in ethylene oxide derivatives, including PEG 300. The company’s competitive strength lies in its large-scale manufacturing and integration with upstream raw materials, ensuring cost-effective and reliable supply.

Innovation and Expansion Initiatives:

• Ongoing optimization of production efficiency and environmental performance

• Strategic investments in logistics and supply chain resilience

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-purity PEG 300 for pharmaceuticals and cosmetics

Clariant specializes in high-value specialty chemicals, offering premium-grade PEG 300 that meets the exacting standards of the pharmaceutical and personal care industries. The company is recognized for its focus on sustainability and product stewardship.

Innovation and Expansion Initiatives:

• Development of eco-friendly and bio-based product lines

• Enhanced customer technical support and application development services

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5️⃣ 6. Kimyagaran Emrooz Chemical Industries

Headquarters: Tehran, Iran
Key Offering: PEG 300 for regional industrial and pharmaceutical markets

Kimyagaran Emrooz is a significant producer of polyethylene glycols in the Middle East, serving domestic and neighboring markets. The company plays a crucial role in the regional supply chain, particularly for the pharmaceutical sector.

Innovation and Expansion Initiatives:

• Focus on import substitution and strengthening regional self-sufficiency

• Investment in quality upgrades to meet international standards

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4️⃣ 7. Linyi Guoli Chemical Co., Ltd.

Headquarters: Linyi, Shandong, China
Key Offering: Cost-competitive Industrial Grade PEG 300

Linyi Guoli Chemical is one of the prominent Chinese manufacturers of PEG 300, leveraging local raw material advantages to offer competitive products. The company primarily serves the domestic industrial and chemical processing sectors.

Innovation and Expansion Initiatives:

• Capacity expansion to capitalize on growing domestic demand

• Exploration of export opportunities in Southeast Asia and other emerging markets

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3️⃣ 8. Tongxiang Henglong Chemical Co., Ltd.

Headquarters: Tongxiang, Zhejiang, China
Key Offering: PEG 300 for various industrial applications

Tongxiang Henglong is a key supplier in the Chinese market, known for its reliable production and flexible supply chain. The company caters to a broad range of industrial customers requiring consistent quality PEG 300.

Innovation and Expansion Initiatives:

• Process improvements to enhance product purity and consistency

• Strengthening distributor networks to improve market penetration

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2️⃣ 9. Jiangsu Dynamic Chemical Co., Ltd.

Headquarters: Suqian, Jiangsu, China
Key Offering: Industrial and Cosmetic Grade PEG 300

Jiangsu Dynamic Chemical is an established producer with a growing presence in the Asian PEG market. The company focuses on delivering quality products for industrial lubricants, cosmetics, and other downstream applications.

Innovation and Expansion Initiatives:

• Investment in R&D for new application development

• Strategic planning for capacity increases aligned with market growth

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1️⃣ 10. Liaoning Shengdehuaxing Chemical Co., Ltd.

Headquarters: Dalian, Liaoning, China
Key Offering: PEG 300 for chemical synthesis and industrial uses

Liaoning Shengdehuaxing Chemical contributes to the North Chinese supply of PEG 300, serving local industries with a focus on chemical intermediates and processing aids. The company benefits from proximity to major industrial zones.

Innovation and Expansion Initiatives:

• Optimization of production for specific industrial customer needs

• Exploration of opportunities in the pharmaceutical excipients market

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 Relies on Purity and Sustainability

The Polyethylene Glycol 300 market is experiencing a significant transformation. While standard grades continue to serve broad industrial needs, the industry is increasingly investing in high-purity pharmaceutical applications, sustainable production methods, and innovative functional roles.

📈 Key Trends Shaping the Market:

• Rising demand for pharmaceutical-grade PEG 300 driven by global healthcare expansion

• Increasing regulatory standards requiring higher purity levels and stringent quality control

• Growing application in advanced drug delivery systems and personalized medicine

• Shift toward bio-based and environmentally sustainable production processes

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 intermediate—they’re pioneering the advanced materials that enable innovation across pharmaceuticals and high-tech industries.