ASIA PACIFIC
POLY(LACTIC-COGLYCOLIC ACID) (PLGA) MARKET OVERVIEW
PLGA is a biodegradable copolymer extensively used in biomedical applications, particularly in drug delivery systems and tissue engineering, due to its controllable degradation rate and biocompatibility.
MARKET SIZE AND GROWTH
01 02
MARKET SIZE (2024):
APPROXIMATELY US$ 98.6 MILLION
PROJECTED MARKET SIZE (2032): AROUND US$ 147.2 MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 6.9% DURING THE FORECAST PERIOD.
By Type
PLGA 50:50
PLGA 65:35
PLGA 75:25
PLGA 85:15
MARKET SEGMENTATION
By Application
Suture
Fracture Fixation
Oral Implant
Drug Delivery Microsphere
Other
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
MIDDLE EAST & AFRICA
Growth fueled by investments in agriculture and favorable grapegrowing climates
NORTH AMERICA
Growing steadily due to strong agriculture and crop protection awareness
EUROPE
Driven by well-established viticulture and increasing demand for organic and sustainable farming.
ASIA-PACIFIC
Significant growth potential, led by China and India, supported by urbanization and tech advancements in agriculture.
KEY PLAYERS
Corbion
N.V.
Durect
Corporati on
Hangzhou
Xianhe Plastic Co., Ltd.
Evonik Industries AG
Shenzhen
Esun Industrial Co., Ltd.
