Global activated polyethylene glycol (PEG) consumption will reach 1585.1 kg in 2023

Author: QYResearch  |   Published Date: 2018-11-13   |   Views: 264


Activated polyethylene glycol (PEG) is a major pharmaceutical intermediate for the PEGylation of therapeutic proteins. There are many types of Activated PEG such as linear PEGs, branched PEGs, multi-arm PEGs and others. Branched PEGs and multi-arm PEGs are substitutes of linear PEGs.

Activated polyethylene glycol (PEG) market concentration is high. Global major suppliers include NOF, JenKem Technology, Laysan Bio, Merck and Creative PEGWorks etc. NOF is a global leader which based in Japan. JenKem Technology is the only manufacturer in China and mainly sells its product in local China. All those suppliers can provide custom service for customers.

Global major consumption regions are China, Japan, Europe and USA. China is the leading consumption region with consumption amount of 656.9 Kg in 2017. Japan is the second largest consumption region, which consumed 355.3 Kg in 2017 with consumption share of 24.05%. Europe and USA are another two major consumption regions globally.

The rapid growth in biotechnology and molecular biology during the last two decades has contributed to a substantial increase in the number of biological products such as proteins, peptides, hormones and enzymes for pharmaceutical applications. With increasing downstream demand, global sales increased from 1401.7 Kg in 2012 to 1477.2 Kg in 2017, with a CAGR of 1.05%. In the future, we predict that global demand will continue to increase. By 2023, global consumption will be 1585.1 Kg.

The Global Activated Polyethylene Glycol (PEG) Sales Market Report 2018 This report released by QYResearch provides a basic overview of the Activated Polyethylene Glycol (PEG) industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Activated Polyethylene Glycol (PEG) industry development trends and marketing channels were analyzed.Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

Full Report Overview@https://www.qyresearch.com/index/detail/8284/global-activated-polyethylene-glycol-peg-sales-market

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