Polyglycerol Sebacate Market: Report by Form (Soft Gel, Paste, Extruded Products) and by Application (Tissue Engineering, Drug Delivery, Adhesives, Coatings): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 - 2026
The report covers forecast and analysis for the global polyglycerol sebacate market on a global and regional level. The research report presents a comprehensive valuation of the market, competition, opportunities, emerging trends, and industry-validated market figures. The study provides historic data of 2016 to 2018 along with a forecast from 2019 to 2026 based on volume (Million Tons) and revenue (USD Million).
The global polyglycerol sebacate (PGS) market is anticipated to generate humongous opportunities in the coming years and is expected to grow at a significant growth rate within the forecast period. There is immense potential for the polyglycerol sebacate market due to its valuable properties and growing demand in the market. Mechanical and synthesis properties, biocompatibility, elasticity, and degradability are the properties that are expected to fuel the demand for the polyglycerol sebacate market over the forecast years. Owing to such positive characteristics, PGS has been explored tremendously over the years for biomedical applications, accounting from soft to hard tissue engineering, controlled drug delivery, and tissue adhesive. The rise in the demand for PGS in the field of coating has significantly increased the growth parameter over the years. PGS has shown immense potential as a coating material owing to its resin, which is easily reducible in a huge range of solvents such as THF, 1,3-dioxolane, ethyl acetate and acetone resulting in a solution that can be utilized in dip and spray coating applications.
The global polyglycerol sebacate market has been segmented on the basis of form and application. Based on the form, the polyglycerol sebacate market is segmented into soft gel, paste, and extruded products. Based on the application, the market is segmented into tissue engineering, drug delivery, adhesives, and coatings.
There are various drivers that are expected to fuel the PGS market growth at a faster rate over the forecast years. The major drivers that are expected to boost up the industry are growing PGS demand for tissue engineering and regenerative medicine in the biomedical field owing to its various applications in shape memory, 3d printing, retina tissue engineering, cardiac tissue engineering, cartilage tissue engineering, and surgical sealants/tissue adhesives.
Availability of different product alternatives or substitutes such as polyethylene glycol (PEG), polylactic acid (PLA), polycaprolactone (PCL) chitosan, collagen and polyglycolic acid (PGA) is expected to hamper the PGS market over the forecast years.
This report segments the global polyglycerol sebacates market as follows:
Global Polyglycerol Sebacates Market: Form Segment Analysis
Global Polyglycerol Sebacates Market: Application Segment Analysis
Global Polyglycerol Sebacates Market: Regional Segment Analysis