Global PLGA Market is Expected to Grow at a CAGR of 13.1% by 2025

Global PLGA Market report strategically analyze each submarket with respect to individual growth trend and their contribution to the market for understanding growth strategies

The global PLGA market is valued at 44 million US$ in 2018 is expected to reach 120 million US$ by the end of 2025, growing at a CAGR of 13.1% during 2019-2025.

This report focuses on PLGA volume and value at global level, regional level and company level. From a global perspective, this report represents overall PLGA market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.Key companies profiled on his report are Evonik, PCAS, Corbion, Mitsui Chemicals, SDSYXS, Jinan Daigang Biomaterial and more in the terms of Product Introduction, Application, Specification, companies Production, Revenue, Price and Gross Margin (2014-2019), etc.

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PLGA (poly (lactic-co-glycolic acid)) is a unique base polymer for controlled release of drugs and medical implant materials. It is both biodegradable and biocompatible, and since both monomers occur naturally it has minimal toxicity. PLGA is naturally amorphous (not crystalline).

Currently, a few companies in the world can produce PLGA product, mainly concentrating in Europe and China. The main market players are Evonik, PCAS, Corbion, Mitsui Chemicals, SDSYXS, Jinan Daigang Biomaterial, etc.

In consumption market, the growth rate of global consumption is smooth relatively. Europe, China and USA are still the mainly consumption regions due to the advanced production technology and rapid development of economy.

PLGA is biocompatible and biodegradable, exhibits a wide range of erosion times, has tunable mechanical properties and most importantly, is a FDA approved polymer. Currently, a majority of manufacturers can offer microspheres comprised of four standard PLGA polymer ratios (50:50, 65:35, 75:25 and 85:15 Lactic Acid: Glycolic Acid). FDA has approved PLGA for micro and nano particles and for a number of therapeutic devices such as grafts, sutures, implants and prosthetic devices. With the development of economy, these industries will need more PLGA. So, PLGA has a huge market potential in the future.

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Topics covered in this report are:

  1. Market Overview (Segment by Type, Application, Region, Market Size, Revenue & Production)
  2. Market Competition by Manufacturers (Production & Revenue Market Share, Average Price, Competitive Situation and Trends, Mergers & Acquisitions, Expansion)
  3. Production & Revenue Market Share by Regions: Global, North America, Europe, China, and Japan
  4. Consumption Analysis by Regions (2014-2019)
  5. Production, Revenue, Price Trend, and Growth Rate by Type
  6. Market Analysis by Applications: Market Share and Growth Rate (2014-2019)
  7. Key Companies Profile (Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin)
  8. Manufacturing Cost Analysis (Raw Material, Price, Key Suppliers, and Industrial Chain Analysis)
  9. Marketing Channel, Distributors and Customers (Direct / Indirect Marketing, Distributors List, Customers)
  10. Market Dynamics (Trends, Opportunities, Drivers, Challenges, and Influence Factors)
  11. Market Forecast to 2025 for Production, Revenue, Growth Rate, Trends, and Forecast by Types and Applications (2019-2025)
  12. Research Findings and Conclusion (Key Takeaway of the research report)
  13. Methodology and Data Source

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Posted by on Monday March 25 2019, 10:30 AM EDT. All trademarks acknowledged. Filed under Chemicals, Chemicals & Materials, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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