Global Activated Polyethylene Glycol (PEG) Market Growth 2023-2029

Global Activated Polyethylene Glycol (PEG) Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Activated Polyethylene Glycol (PEG) Industry Forecast” looks at past sales and reviews total world Activated Polyethylene Glycol (PEG) sales in 2022, providing a comprehensive analysis by region and market sector of projected Activated Polyethylene Glycol (PEG) sales for 2023 through 2029. With Activated Polyethylene Glycol (PEG) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Activated Polyethylene Glycol (PEG) industry.

This Insight Report provides a comprehensive analysis of the global Activated Polyethylene Glycol (PEG) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Activated Polyethylene Glycol (PEG) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Activated Polyethylene Glycol (PEG) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Activated Polyethylene Glycol (PEG) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Activated Polyethylene Glycol (PEG).

The global Activated Polyethylene Glycol (PEG) market size is projected to grow from US$ 176.1 million in 2022 to US$ 957.4 million in 2029; it is expected to grow at a CAGR of 957.4 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Activated Polyethylene Glycol (PEG) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Linear PEGs

Branched PEGs

Multi-Arm PEGs

Others

Segmentation by application

Pharmaceutical Industry

Medical Equipment

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

NOF

JenKem Technology

Nektar Therapeutics

Dr. Reddy's Laboratories

Merck

Chemgen Pharma

SINOPEG

SunBio

Laysan Bio

Creative PEGWorks

Key Questions Addressed in this Report

What is the 10-year outlook for the global Activated Polyethylene Glycol (PEG) market?

What factors are driving Activated Polyethylene Glycol (PEG) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Activated Polyethylene Glycol (PEG) market opportunities vary by end market size?

How does Activated Polyethylene Glycol (PEG) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.