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The global Activated Polyethylene Glycol (PEG) market size is expected to reach $ 895.4 million by 2030, rising at a market growth of 25.2% CAGR during the forecast period (2024-2030).

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According to our (Global Info Research) latest study, the global Activated Polyethylene Glycol (PEG) market size was valued at USD 185.2 million in 2023 and is forecast to a readjusted size of USD 895.4 million by 2030 with a CAGR of 25.2% during review period.

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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.

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