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The Asia Pacific Poly(Lactic-Co-Glycolic Acid) (PLGA) market size was valued at US$ 98.6 million in 2024 and is projected to reach US$ 147.2 million by 2030, at a CAGR of 6.9% during the forecast period 2024-2030.
PLGA is a biodegradable copolymer widely used in biomedical applications, particularly in drug delivery systems and tissue engineering, valued for its controllable degradation rate and biocompatibility.
The Asia Pacific PLGA market is experiencing rapid growth, driven by advancements in biomedical research and drug delivery technologies. Japan accounts for 40% of the market, followed by China at 30% and South Korea at 20%. In 2023, drug delivery applications consumed 65% of the total production, with tissue engineering at 25%. The market saw a 15% increase in demand from the oncology sector for targeted drug delivery systems. Key players include Evonik Industries (Germany) and Corbion (Netherlands), holding a combined 45% market share in the region. The industry is investing in high-purity PLGA grades, with a 20% increase in R&D spending on medical-grade polymers in 2023. Challenges include high production costs, limiting widespread adoption in certain applications. Regulatory approvals have been a key driver, with a 25% increase in PLGA-based drug formulations entering clinical trials. The market is benefiting from the growing trend in personalized medicine, with a 18% increase in demand for customized PLGA formulations.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Poly(Lactic-Co-Glycolic Acid) (PLGA) . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Poly(Lactic-Co-Glycolic Acid) (PLGA) , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Poly(Lactic-Co-Glycolic Acid) (PLGA) , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Poly(Lactic-Co-Glycolic Acid) (PLGA) . This report contains market size and forecasts of Poly(Lactic-Co-Glycolic Acid) (PLGA) in Asia Pacific, including the following market information:
We surveyed the Poly(Lactic-Co-Glycolic Acid) (PLGA) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Indonesia
• PLGA 50:50
• PLGA 65:35
• PLGA 75:25
• PLGA 85:15
• Suture
• Fracture Fixation
• Oral Implant
• Drug Delivery Microsphere
• Other
• Evonik Industries AG
• Corbion N.V.
• PolySciTech (A division of Akina, Inc.)
• Jinan Daigang Biomaterial Co., Ltd.
• Anhui Anke Biotechnology (Group) Co., Ltd.
• Shenzhen Esun Industrial Co., Ltd.
• Hangzhou Xianhe Plastic Co., Ltd.
• Shanghai New Shangshang Biomaterial Co., Ltd.
• Sinopharm International Corporation
• Durect Corporation
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Poly(Lactic-Co-Glycolic Acid) (PLGA) revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
• Key companies Poly(Lactic-Co-Glycolic Acid) (PLGA) revenues share in Asia Pacific market, 2023 (%)
• Key companies Poly(Lactic-Co-Glycolic Acid) (PLGA) sales in Asia Pacific market, 2019-2024 (Estimated),
• Key companies Poly(Lactic-Co-Glycolic Acid) (PLGA) sales share in Asia Pacific market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Asia Pacific and country-wise market of Poly(Lactic-Co-Glycolic Acid) (PLGA)
• It describes present situation, historical background and future forecast
• Comprehensive data showing Poly(Lactic-Co-Glycolic Acid) (PLGA) capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Poly(Lactic-Co-Glycolic Acid) (PLGA) manufacturers
• Poly(Lactic-Co-Glycolic Acid) (PLGA) forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
1.1 Product Overview and Scope of Poly(Lactic-Co-Glycolic Acid) (PLGA)
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 PLGA 50:50
1.2.3 PLGA 65:35
1.2.4 PLGA 75:25
1.2.5 PLGA 85:15
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Suture
1.3.3 Fracture Fixation
1.3.4 Oral Implant
1.3.5 Drug Delivery Microsphere
1.3.6 Other
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 Evonik Industries AG
8.1.1 Evonik Industries AG Corporation Information
8.1.2 Evonik Industries AG Product Portfolio
8.1.3 Evonik Industries AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Evonik Industries AG Main Business and Markets Served
8.1.5 Evonik Industries AG Recent Developments/Updates
8.2 Corbion N.V.
8.2.1 Corbion N.V. Corporation Information
8.2.2 Corbion N.V. Product Portfolio
8.2.3 Corbion N.V. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Corbion N.V. Main Business and Markets Served
8.2.5 Corbion N.V. Recent Developments/Updates
8.3 PolySciTech (A division of Akina, Inc.)
8.3.1 PolySciTech (A division of Akina, Inc.) Corporation Information
8.3.2 PolySciTech (A division of Akina, Inc.) Product Portfolio
8.3.3 PolySciTech (A division of Akina, Inc.) Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 PolySciTech (A division of Akina, Inc.) Main Business and Markets Served
8.3.5 PolySciTech (A division of Akina, Inc.) Recent Developments/Updates
8.4 Jinan Daigang Biomaterial Co., Ltd.
8.4.1 Jinan Daigang Biomaterial Co., Ltd. Corporation Information
8.4.2 Jinan Daigang Biomaterial Co., Ltd. Product Portfolio
8.4.3 Jinan Daigang Biomaterial Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Jinan Daigang Biomaterial Co., Ltd. Main Business and Markets Served
8.4.5 Jinan Daigang Biomaterial Co., Ltd. Recent Developments/Updates
8.5 Anhui Anke Biotechnology (Group) Co., Ltd.
8.5.1 Anhui Anke Biotechnology (Group) Co., Ltd. Corporation Information
8.5.2 Anhui Anke Biotechnology (Group) Co., Ltd. Product Portfolio
8.5.3 Anhui Anke Biotechnology (Group) Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Anhui Anke Biotechnology (Group) Co., Ltd. Main Business and Markets Served
8.5.5 Anhui Anke Biotechnology (Group) Co., Ltd. Recent Developments/Updates
8.6 Shenzhen Esun Industrial Co., Ltd.
8.6.1 Shenzhen Esun Industrial Co., Ltd. Corporation Information
8.6.2 Shenzhen Esun Industrial Co., Ltd. Product Portfolio
8.6.3 Shenzhen Esun Industrial Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Shenzhen Esun Industrial Co., Ltd. Main Business and Markets Served
8.6.5 Shenzhen Esun Industrial Co., Ltd. Recent Developments/Updates
8.7 Hangzhou Xianhe Plastic Co., Ltd.
8.7.1 Hangzhou Xianhe Plastic Co., Ltd. Corporation Information
8.7.2 Hangzhou Xianhe Plastic Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Hangzhou Xianhe Plastic Co., Ltd. Main Business and Markets Served
8.7.4 Hangzhou Xianhe Plastic Co., Ltd. Recent Developments/Updates
8.8 Shanghai New Shangshang Biomaterial Co., Ltd.
8.8.1 Shanghai New Shangshang Biomaterial Co., Ltd. Corporation Information
8.8.2 Shanghai New Shangshang Biomaterial Co., Ltd. Product Portfolio
8.8.3 Shanghai New Shangshang Biomaterial Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Shanghai New Shangshang Biomaterial Co., Ltd. Main Business and Markets Served
8.8.5 Shanghai New Shangshang Biomaterial Co., Ltd. Recent Developments/Updates
8.9 Sinopharm International Corporation
8.9.1 Sinopharm International Corporation Corporation Information
8.9.2 Sinopharm International Corporation Product Portfolio
8.9.3 Sinopharm International Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Sinopharm International Corporation Main Business and Markets Served
8.9.5 Sinopharm International Corporation Recent Developments/Updates
8.10 Durect Corporation
8.10.1 Durect Corporation Corporation Information
8.10.2 Durect Corporation Product Portfolio
8.10.3 Durect Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Durect Corporation Main Business and Markets Served
8.10.5 Durect Corporation Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Poly(Lactic-Co-Glycolic Acid) (PLGA)
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?
