The global Activated Polyethylene Glycol (PEG) market was valued at US$ 117.8 million in 2020 and it is expected to reach US$ 575.4 million by the end of 2027, growing at a CAGR of 22.0% during 2021-2027.
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.
Global activated polyethylene glycol (PEG) key players include NOF, JenKem Technology, Nektar Therapeutics, Dr. Reddy’s Laboratories, Merck, etc. Global top 3 manufacturers hold a share about 60%. China is the largest market, with a share about 43%, followed by Japan and Europe, both have a share over 47 percent.
Global Activated Polyethylene Glycol (PEG) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Activated Polyethylene Glycol (PEG) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Nof, Jenkem Technology, Nektar Therapeutics, Dr. Reddy’s Laboratories, Merck, Chemgen Pharma, Sinopeg, Sunbio, Laysan Bio, Creative Pegworks and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Linear PEGs
- Branched PEGs
- Multi-Arm PEGs
Segment by Application
- Pharmaceutical Industry
- Medical Equipment
Table of Content:
1 Activated Polyethylene Glycol (PEG) Market Overview
2 Activated Polyethylene Glycol (PEG) Market Competition by Manufacturers
3 Activated Polyethylene Glycol (PEG) Retrospective Market Scenario by Region
4 Global Activated Polyethylene Glycol (PEG) Historic Market Analysis by Type
5 Global Activated Polyethylene Glycol (PEG) Historic Market Analysis by Application
6 Key Companies Profiled
7 Activated Polyethylene Glycol (PEG) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Activated Polyethylene Glycol (PEG) Market Dynamics
10 Global Activated Polyethylene Glycol (PEG) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.