What is Global Poloxamer Market?
The Global Poloxamer Market is a vast and complex field that encompasses a variety of products and applications. Poloxamer, a type of non-ionic surfactant, is used in a wide range of industries, from pharmaceuticals to cosmetics. The market for this versatile product is truly global, with demand stemming from all corners of the world. In 2023, the market was valued at a substantial US$ 230 million, and it's projected to grow even further, reaching an estimated US$ 283.6 million by 2030. This represents a compound annual growth rate (CAGR) of 3.0% during the forecast period from 2024 to 2030.
Poloxamer 124, Poloxamer 188, Poloxamer 338, Poloxamer 407, Poloxamer 184, Others in the Global Poloxamer Market:
Poloxamer comes in several forms, each with its own unique properties and applications. Poloxamer 124, for instance, is often used in pharmaceuticals and cosmetics due to its ability to enhance the solubility of certain drugs and active ingredients. Poloxamer 188, on the other hand, is commonly used in biologics, where it helps to stabilize proteins and other biological molecules. Poloxamer 338 and 407 are also widely used, with the latter accounting for nearly 30% of the global Poloxamer market. Other forms of Poloxamer, such as Poloxamer 184, also play a crucial role in various industries.
Pharmaceutical Industry, Cosmetics Industry, Biologics, Others in the Global Poloxamer Market:
The Global Poloxamer Market finds its applications in a number of industries. In the pharmaceutical industry, Poloxamer is used as a solubilizer, emulsifier, and drug delivery agent. It helps to enhance the bioavailability of drugs, making them more effective. In the cosmetics industry, Poloxamer is used as a cleansing agent, emulsifier, and viscosity increasing agent. It helps to improve the texture and feel of cosmetic products, making them more appealing to consumers. In the field of biologics, Poloxamer is used as a stabilizer for proteins and other biological molecules. It helps to maintain the stability and integrity of these molecules, ensuring their effectiveness. Other applications of Poloxamer include its use in the production of contact lenses, artificial tears, and other medical devices.
Global Poloxamer Market Outlook:
Looking at the market outlook for the Global Poloxamer Market, it's clear that this is a sector on the rise. In 2023, the market was valued at a significant US$ 230 million. By 2030, it's expected to reach an impressive US$ 283.6 million, representing a compound annual growth rate (CAGR) of 3.0% during the forecast period from 2024 to 2030. The market is dominated by two major players, who together account for about 65% of the total market share. In terms of product types, Poloxamer 407 is the most popular, accounting for nearly 30% of the market.
| Report Metric | Details |
| Report Name | Poloxamer Market |
| Accounted market size in 2023 | US$ 230 million |
| Forecasted market size in 2030 | US$ 283.6 million |
| CAGR | 3.0% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | BASF, Croda, Hubei Hengshuo, ADEKA, Solvay, Lakeland Chemicals, Nanjing Well, Merck KGaA |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
