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.
According to the new market research report “Activated Polyethylene Glycol (PEG) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Activated Polyethylene Glycol (PEG) market size is projected to reach USD 1.15 billion by 2029, at a CAGR of 24.8% during the forecast period.
- Global Activated Polyethylene Glycol (PEG) MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Activated Polyethylene Glycol (PEG) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Activated Polyethylene Glycol (PEG) Top10Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Activated Polyethylene Glycol (PEG) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
The global key manufacturers of Activated Polyethylene Glycol (PEG) include NOF, JenKem Technology, Nektar Therapeutics, Dr. Reddy's Laboratories, Merck, etc.
In 2022, the global top four players had a share approximately 67.0% in terms of revenue.
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