Polyglycerol Sebacate (PGS) Market is set for a Rapid Growth and is anticipated to grow at a CAGR of 9.8% from 2023 to 2030
Zion Market Research has published a new report titled “Polyglycerol Sebacate (PGS) By Form (Soft Gel, Paste, Extruded Products), By Application (Tissue Engineering, Drug Delivery, Adhesives, Coatings), Global Industry Perspective, Comprehensive Analysis, and Forecast.
According to the report, Polyglycerol Sebacate (PGS) Market size was valued at USD 69.8 million in 2022, expanding at a CAGR of 9.8% from 2023 to 2030.
The global polyglycerol sebacate market is anticipated to observe significant growth over the years. It is a biodegradable polymer resin and consists of glycol polycondensation and sebacic acid and is mainly used for covering bio-material. Thereby, has tremendous demand from the bio-medical companies. It also has applications in adhesives, coatings etc. Polyglycerol sebacate is also found to have the potential of replacing other biomaterials as it can imitate natural tissues with similar flexibility and much better cost-effectiveness. Its increased applications in tissue engineering and drug delivery especially for cardiovascular and bone defect problems has upsurged its overall demand around the globe. The rising number of geriatric populations around the world in the upcoming years is also anticipated to propel the growth of polyglycerol sebacates in the forecast period.
Based on the polyglycerol sebacates market is segmented into soft gel, paste, and extruded products. Based on material the polyglycerol sebacates market is segmented into tissue engineering, drug delivery, adhesives, and coatings. Tissue engineering is acclaimed as an enhanced alternative to mechanical support or organ substitution, which offers the polyglycerol sebacate industry a lucrative future. This factor is expected in the global market for polyglycerol sebacate (PGS) to create ample growth opportunities. Moreover, in future 3D printing will boost the global polyglycerol sebacates market.
GLOBAL POLYGLYCEROL SEBACATE (PGS) MARKET KEY PLAYERS
- Secant Group LLC
- Sigma-Aldrich
- Estelle chemicals pvt.Ltd.
- Lonza
- Dupont
This report segments the global polyglycerol sebacates market as follows:
Global Polyglycerol Sebacates Market: Form Segment Analysis
- Soft Gel
- Paste
- Extruded Products
Global Polyglycerol Sebacates Market: Application Segment Analysis
- Tissue Engineering
- Drug Delivery
- Adhesives
- Coatings
Global Polyglycerol Sebacates Market: Regional Segment Analysis
- North AmericaU.S.
- EuropeUKFranceGermany
- Asia PacificChinaJapanIndia
- Latin AmericaBrazil
- Middle East and Africa
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