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¸¶ÀÌÅ©·Î½ºÇÇ¾î ½ÃÀå ÃËÁø¿äÀÎ
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The global microspheres market is expected to grow at a CAGR of 8.85%, reaching a market size of US$6.235 billion in 2030 from US$4.081 billion in 2025.
Microspheres and nanoparticles made of biodegradable polymers, including PLGA, polylactic acid, and polycaprolactone, have been widely employed in drug delivery. Active pharmaceutical ingredients (APIs), whether small molecules or biological chemicals, can be encased in microspheres and nanoparticles for specialized drug delivery applications such as prolonged release, targeted drug administration, and API protection against premature degradation. There are various drug-loaded PLGA microsphere formulations on the market. Lupron Depot, for example, is a drug that treats prostate cancer and endometriosis by encapsulating leuprolide acetate in PLGA microspheres. It is given subcutaneously at one, three, or four-month intervals.
Microspheres market drivers
PLGA and PLA microspheres degrade and are biocompatible. They are used as templates in tissue engineering, supporting the regenerative growth of injured tissues, bones, and cartilage. In embolization therapy, they are applied to not allow blood to flow in tumors and aneurysms, giving another less invasive treatment approach. All these different uses, alongside continuous advanced research in microsphere technology, are driving the increased uptake of microsphere-based products in the healthcare industry.
Microspheres market geographical outlook
Asia Pacific's microsphere market is expected to rise rapidly as a result of growing industrialization, expanding healthcare infrastructure, and rising demand from sectors such as automotive, construction, and healthcare. Countries like China, India, and Japan are driving the rise, with increased investment in microsphere-intensive industries such as medication delivery systems, coatings, and lightweight materials. The region's thriving automotive sector, particularly with the transition to EVs, is driving up demand for microspheres in lightweight composites to increase fuel economy and decrease emissions.
According to the China Association of Automobile Manufacturers (CAAM), car sales in the country increased by 5.4 percent to 27.5 million in 2022. Similarly, per the OICA data, India's automotive production grew by 30% in 2021. The favorable government policies include the PLI schemes launched in the auto and auto components and the innovative chemistry cell for auto manufacturing, the FAME-II Policy till 2024, and a new policy of Rs 76,000 crore PLI scheme for semiconductor manufacturing that would help in this market's growth in the country.
Furthermore, the expanding construction industry in emerging nations is increasing the usage of microspheres in paints, coatings, and building materials to improve insulation and durability. With developments in manufacturing technology and a focus on sustainability, the Asia Pacific microsphere market will likely expand rapidly in the next years.
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