The global market for PLGA was estimated to be worth US$ 89.4 million in 2024 and is forecast to a readjusted size of US$ 209 million by 2031 with a CAGR of 13.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on PLGA cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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).
The PLGA (poly(lactic-co-glycolic acid)) market is experiencing significant growth, driven by its versatile applications in the biomedical field. PLGA's biodegradability and biocompatibility make it an ideal material for drug delivery systems, tissue engineering, and medical implants. Advancements in polymer chemistry have enhanced its properties, allowing for controlled degradation rates and improved mechanical strength, which expand its use in complex medical applications. The increasing prevalence of chronic diseases and the demand for personalized medicine further propel the adoption of PLGA-based products, as they offer tailored therapeutic solutions with reduced side effects.
Regionally, North America leads the PLGA market, attributed to its advanced healthcare infrastructure and substantial investments in research and development. The Asia-Pacific region is anticipated to witness the fastest growth, driven by expanding healthcare sectors in countries like China and India, along with rising demand for eco-friendly medical solutions. Europe also contributes significantly, with a focus on sustainable healthcare practices and stringent regulations favoring biodegradable materials. Despite challenges such as high production costs and competition from alternative materials, the PLGA market is poised for continued expansion, supported by ongoing technological innovations and increasing global healthcare investments.
This report aims to provide a comprehensive presentation of the global market for PLGA, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of PLGA by region & country, by Type, and by Application.
The PLGA market size, estimations, and forecasts are provided in terms of sales volume (Kg) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 PLGA.
Market Segmentation
By Company
- Evonik
- PCAS
- Corbion
- Mitsui Chemicals
- SDSYXS
- Jinan Daigang Biomaterial
Segment by Type
- PLGA 50:50
- PLGA 65:35
- PLGA 75:25
- PLGA 85:15
- Others
Segment by Application
- Suture
- Fracture Fixation
- Oral Implant
- Drug Delivery Microsphere
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of PLGA manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of PLGA in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of PLGA in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 PLGA Product Introduction
- 1.2 Global PLGA Market Size Forecast
- 1.2.1 Global PLGA Sales Value (2020-2031)
- 1.2.2 Global PLGA Sales Volume (2020-2031)
- 1.2.3 Global PLGA Sales Price (2020-2031)
- 1.3 PLGA Market Trends & Drivers
- 1.3.1 PLGA Industry Trends
- 1.3.2 PLGA Market Drivers & Opportunity
- 1.3.3 PLGA Market Challenges
- 1.3.4 PLGA Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global PLGA Players Revenue Ranking (2024)
- 2.2 Global PLGA Revenue by Company (2020-2025)
- 2.3 Global PLGA Players Sales Volume Ranking (2024)
- 2.4 Global PLGA Sales Volume by Company Players (2020-2025)
- 2.5 Global PLGA Average Price by Company (2020-2025)
- 2.6 Key Manufacturers PLGA Manufacturing Base and Headquarters
- 2.7 Key Manufacturers PLGA Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of PLGA
- 2.9 PLGA Market Competitive Analysis
- 2.9.1 PLGA Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by PLGA Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in PLGA as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 PLGA 50:50
- 3.1.2 PLGA 65:35
- 3.1.3 PLGA 75:25
- 3.1.4 PLGA 85:15
- 3.1.5 Others
- 3.2 Global PLGA Sales Value by Type
- 3.2.1 Global PLGA Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global PLGA Sales Value, by Type (2020-2031)
- 3.2.3 Global PLGA Sales Value, by Type (%) (2020-2031)
- 3.3 Global PLGA Sales Volume by Type
- 3.3.1 Global PLGA Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global PLGA Sales Volume, by Type (2020-2031)
- 3.3.3 Global PLGA Sales Volume, by Type (%) (2020-2031)
- 3.4 Global PLGA Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Suture
- 4.1.2 Fracture Fixation
- 4.1.3 Oral Implant
- 4.1.4 Drug Delivery Microsphere
- 4.1.5 Others
- 4.2 Global PLGA Sales Value by Application
- 4.2.1 Global PLGA Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global PLGA Sales Value, by Application (2020-2031)
- 4.2.3 Global PLGA Sales Value, by Application (%) (2020-2031)
- 4.3 Global PLGA Sales Volume by Application
- 4.3.1 Global PLGA Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global PLGA Sales Volume, by Application (2020-2031)
- 4.3.3 Global PLGA Sales Volume, by Application (%) (2020-2031)
- 4.4 Global PLGA Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global PLGA Sales Value by Region
- 5.1.1 Global PLGA Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global PLGA Sales Value by Region (2020-2025)
- 5.1.3 Global PLGA Sales Value by Region (2026-2031)
- 5.1.4 Global PLGA Sales Value by Region (%), (2020-2031)
- 5.2 Global PLGA Sales Volume by Region
- 5.2.1 Global PLGA Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global PLGA Sales Volume by Region (2020-2025)
- 5.2.3 Global PLGA Sales Volume by Region (2026-2031)
- 5.2.4 Global PLGA Sales Volume by Region (%), (2020-2031)
- 5.3 Global PLGA Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America PLGA Sales Value, 2020-2031
- 5.4.2 North America PLGA Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe PLGA Sales Value, 2020-2031
- 5.5.2 Europe PLGA Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific PLGA Sales Value, 2020-2031
- 5.6.2 Asia Pacific PLGA Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America PLGA Sales Value, 2020-2031
- 5.7.2 South America PLGA Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa PLGA Sales Value, 2020-2031
- 5.8.2 Middle East & Africa PLGA Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions PLGA Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions PLGA Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions PLGA Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions PLGA Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States PLGA Sales Value, 2020-2031
- 6.3.2 United States PLGA Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States PLGA Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe PLGA Sales Value, 2020-2031
- 6.4.2 Europe PLGA Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe PLGA Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China PLGA Sales Value, 2020-2031
- 6.5.2 China PLGA Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China PLGA Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan PLGA Sales Value, 2020-2031
- 6.6.2 Japan PLGA Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan PLGA Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea PLGA Sales Value, 2020-2031
- 6.7.2 South Korea PLGA Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea PLGA Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia PLGA Sales Value, 2020-2031
- 6.8.2 Southeast Asia PLGA Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia PLGA Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India PLGA Sales Value, 2020-2031
- 6.9.2 India PLGA Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India PLGA Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Evonik
- 7.1.1 Evonik Company Information
- 7.1.2 Evonik Introduction and Business Overview
- 7.1.3 Evonik PLGA Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Evonik PLGA Product Offerings
- 7.1.5 Evonik Recent Development
- 7.2 PCAS
- 7.2.1 PCAS Company Information
- 7.2.2 PCAS Introduction and Business Overview
- 7.2.3 PCAS PLGA Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 PCAS PLGA Product Offerings
- 7.2.5 PCAS Recent Development
- 7.3 Corbion
- 7.3.1 Corbion Company Information
- 7.3.2 Corbion Introduction and Business Overview
- 7.3.3 Corbion PLGA Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Corbion PLGA Product Offerings
- 7.3.5 Corbion Recent Development
- 7.4 Mitsui Chemicals
- 7.4.1 Mitsui Chemicals Company Information
- 7.4.2 Mitsui Chemicals Introduction and Business Overview
- 7.4.3 Mitsui Chemicals PLGA Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Mitsui Chemicals PLGA Product Offerings
- 7.4.5 Mitsui Chemicals Recent Development
- 7.5 SDSYXS
- 7.5.1 SDSYXS Company Information
- 7.5.2 SDSYXS Introduction and Business Overview
- 7.5.3 SDSYXS PLGA Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 SDSYXS PLGA Product Offerings
- 7.5.5 SDSYXS Recent Development
- 7.6 Jinan Daigang Biomaterial
- 7.6.1 Jinan Daigang Biomaterial Company Information
- 7.6.2 Jinan Daigang Biomaterial Introduction and Business Overview
- 7.6.3 Jinan Daigang Biomaterial PLGA Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Jinan Daigang Biomaterial PLGA Product Offerings
- 7.6.5 Jinan Daigang Biomaterial Recent Development
8 Industry Chain Analysis
- 8.1 PLGA Industrial Chain
- 8.2 PLGA Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 PLGA Sales Model
- 8.5.2 Sales Channel
- 8.5.3 PLGA Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer