Los Angeles, CA -- (SBWire) -- 03/26/2019 --This study focuses on the production side and consumption side of PLGA, presents the global PLGA market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the PLGA capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of PLGA by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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PLGA (poly (lactic-co-glycolic acid)) is a unique base polymer for controlled release of drugs and medical implant materials. It is both biodegradable and biocompatible, and since both monomers occur naturally it has minimal toxicity. PLGA is naturally amorphous (not crystalline).

Currently, a few companies in the world can produce PLGA product, mainly concentrating in Europe and China. The main market players are Evonik, PCAS, Corbion, Mitsui Chemicals, SDSYXS, Jinan Daigang Biomaterial, etc.

In consumption market, the growth rate of global consumption is smooth relatively. Europe, China and USA are still the mainly consumption regions due to the advanced production technology and rapid development of economy.

PLGA is biocompatible and biodegradable, exhibits a wide range of erosion times, has tunable mechanical properties and most importantly, is a FDA approved polymer. Currently, a majority of manufacturers can offer microspheres comprised of four standard PLGA polymer ratios (50:50, 65:35, 75:25 and 85:15 Lactic Acid: Glycolic Acid). FDA has approved PLGA for micro and nano particles and for a number of therapeutic devices such as grafts, sutures, implants and prosthetic devices. With the development of economy, these industries will need more PLGA. So, PLGA has a huge market potential in the future.

The PLGA market was valued at 44 Million US$ in 2017 and is projected to reach 120 Million US$ by 2025, at a CAGR of 13.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for PLGA.

This report includes the following manufacturers; we can also add the other companies as you want.

Evonik

PCAS

Corbion

Mitsui Chemicals

SDSYXS

Jinan Daigang Biomaterial

...

Market Segment by Product Type

PLGA 50:50

PLGA 65:35

PLGA 75:25

PLGA 85:15

Other

Market Segment by Application

Suture

Fracture Fixation

Oral Implant

Drug Delivery Microsphere

Other

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