Poly(L-lactide-coglycolide) (PLCG)
Market
Poly(L-lactide-co-glycolide) (PLCG) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Poly(L-lactide-co-glycolide) (PLCG) Market Size and Growth
The Poly(L-lactide-co-glycolide) (PLCG) market is experiencing significant growth, driven by increasing demand in pharmaceuticals and biotechnology applications. The global market size was valued at approximately $1.5 billion in 2022 and is projected to expand, reflecting advancements in drug delivery systems and biodegradable materials across various industries.
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Companies Covered
(Covid 19 Impact Covered)
◍ Merck
◍ Mitsui Chemicals
◍ Evonik Health Care
◍ PCAS
◍ DURECT
◍ Fujifilm
◍ Lattice Medical
◍ Corbion
◍ Nomisma Healthcare
◍ Phosphorex Inc.
◍ Jinan Daigang Biomaterial
The PLCG market features key players like Merck, Mitsui Chemicals, and Evonik Health Care, focusing on biocompatible polymers for drug delivery and medical devices. Innovations and collaborations drive growth, expanding applications in pharmaceuticals and biotechnology. Revenue contributions include:
- Merck: $58 billion
- Evonik: $17.2 billion
◍ Shenzhen Polymtek Biomaterial Co., Ltd.
◍ Changchun Foliaplast Bio-tech Co., Ltd
- Fujifilm: $21 billion Request Sample Report
Market Segmentation
By Application By Product
Suture
Fracture Fixation
Oral Implant
Drug Delivery Microsphere
Others
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PLCG 50:50
PLCG 65:35
PLCG 75:25
PLCG 85:15
Other
Market Growth
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$ X Billion USD
