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Activated Polyethylene Glycol (PEG) - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Activated Polyethylene Glycol (PEG) - Market SizeThe global Activated Polyethylene Glycol (PEG) market size is expected to reach US$ 937.1 million by 2029, growing at a CAGR of 26.4% from 2023 to 2029.
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Activated Polyethylene Glycol (PEG) - Market
PEGs have been shown to provide improved water solubility and biocompatibility in drugs and other applications, and the ability to attach a variety of reactive functional groups to the terminal positions of these polymers has greatly increased their utility. Poly(ethylene glycol) (PEG) is a synthetic, hydrophilic, biocompatible polymer with widespread use in biomedical and other applications. PEGs are synthesized using a ring-opening polymerization of ethylene oxide to produce a broad range of molecular weights and molecular weight distributions (polydispersity); however, discrete PEGs (dPEG®) are synthesized with a single, specific molecular weight. PEGs can be synthesized in linear, branched, Y-shaped, or multi-arm geometries. PEGs can be activated by the replacement of the terminal hydroxyl end group with a variety of reactive functional end groups enabling crosslinking and conjugation chemistries.
The market is mainly driven by the significant applications of Activated Polyethylene Glycol (PEG) in various end use industries. The expanding demands from the Pharmaceutical Industry, Medical Equipment and Others,, are propelling Activated Polyethylene Glycol (PEG) market. Linear PEGs, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Branched PEGs segment is estimated at % CAGR for the next seven-year period.
Global activated polyethylene glycol (PEG) key players include NOF, JenKem Technology, Nektar Therapeutics, Dr. Reddy's Laboratories, Merck, etc. Global top 2 manufacturers hold a share about 50%. North America is the largest market, with a share about 40%, followed by Asia Pacific and Europe, both have a share over 57 percent.In terms of product, linear PEGs is the largest segment, with a share over 55%. And in terms of application, the largest application is pharmaceutical industry, followed by medical equipment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Activated Polyethylene Glycol (PEG), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
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Company Profiles:
• NOF
• JenKem Technology
• Nektar Therapeutics
• Dr. Reddy's Laboratories
• Merck
• Chemgen Pharma
• SINOPEG
• SunBio
• Laysan Bio
• Creative PEGWorks
Global Activated Polyethylene Glycol (PEG) market, Segment by Type:
• Linear PEGs
• Branched PEGs
• Multi-Arm PEGs
• Others
Global Activated Polyethylene Glycol (PEG) market, by Application
• Pharmaceutical Industry
• Medical Equipment
• Others
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