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Polyglycolic Acid Market Report 2025

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    Report

  • 200 Pages
  • February 2025
  • Region: Global
  • The Business Research Company
  • ID: 5782949
The polyglycolic acid market size has grown rapidly in recent years. It will grow from $5.22 billion in 2024 to $5.75 billion in 2025 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to advancements in polymer chemistry, medical applications, regulatory support for biodegradable materials, research and development initiatives, increasing demand in oil and gas industry.

The polyglycolic acid market size is expected to see rapid growth in the next few years. It will grow to $8.64 billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to expanding bioplastics market, rising demand in packaging industry, increasing surgical procedures, growing awareness of environmental issues, demand in electronics industry, medical device innovations. Major trends in the forecast period include advancements in PGA production technology, increasing use in oil and gas industry, growing demand for PGA in agriculture, shift towards synthetic bio-based polymers, research on PGA for drug delivery systems.

The rising demand in the packaging industry is projected to drive growth in the polyglycolic acid market. Packaging plays a crucial role in branding and providing extra protection for food products, and it is highly sought after by various end-use industries, including healthcare, food, cosmetics, and personal care. Polyglycolic acid is particularly favored for high-gas barrier packaging applications. For example, in April 2023, Trivium Packaging, a Netherlands-based packaging company, reported that 82% of consumers are willing to pay more for sustainable packaging, marking a 4 percentage point increase from 2022. The report also noted that 71% of consumers actively select products based on the sustainability of their packaging, while 63% are less likely to purchase items with environmentally harmful packaging. Thus, the growing demand in the packaging sector is fueling the growth of the polyglycolic acid market.

The ongoing expansion of the oil and gas industry is expected to drive growth in the polyglycolic acid market in the coming years. The oil and gas sector encompasses the global activities related to the exploration, extraction, refining, transportation, and distribution of oil and natural gas resources. Polyglycolic acid (PGA) is extensively used in this industry, particularly for producing biodegradable frac balls and plugs that serve as closures. For instance, in May 2023, the Energy Information Administration, a US government entity responsible for collecting, evaluating, and disseminating energy data, reported that US crude oil production increased by 0.6 million barrels per day (b/d) in 2022 compared to 2021, reflecting a 5.6% rise. Consequently, the growth of the oil and gas sector is driving demand for polyglycolic acid.

Product innovations in food packaging represent a significant trend gaining traction in the polyglycolic acid market. Key players in this sector are concentrating on developing sustainable packaging solutions to enhance their market position. For example, in December 2022, Notpla, a UK-based food container manufacturer, introduced seaweed-coated packs that offer a biodegradable alternative to conventional plastic packaging. This innovative product aims to minimize plastic waste in the food industry while promoting sustainability through its natural, compostable materials.

Leading companies in the polyglycolic acid market are prioritizing innovations in material production processes, such as the synthesis gas-based production of polyglycolic acid (PGA), to boost revenues and secure a competitive edge. The synthesis gas-based production method for PGA involves creating biodegradable polymer PGA using synthesis gas derived from carbon monoxide and hydrogen, highlighting a sustainable approach to material manufacturing. For instance, in June 2022, Yulin Chemical Co., Ltd., a Chinese national energy company, began constructing a pioneering 50,000-ton/year polyglycolic acid (PGA) demonstration project. Yulin achieved a notable milestone when the 50,000-ton/year PGA demonstration unit started loading the methyl glycolate synthesis catalyst, officially initiating the world's first synthesis gas-based production of PGA degradable materials. This 50,000-ton/year PGA industrial project is distinguished as the first industrial demonstration unit featuring proprietary intellectual property technology developed by the National Energy Group, with an estimated investment of 1 billion yuan.

In August 2023, PureTech Scientific LLC, backed by Iron Path Capital and a US-based producer specializing in the organic synthesis of high-purity alpha hydroxy acids, completed the acquisition of The Chemours Company's Glycolic Acid business for $137 million. This strategic move aligns with PureTech Scientific's objective to diversify its product portfolio and reinforce its standing within the specialty chemicals market. The Chemours Company, a US-based chemical firm, was the previous owner of the Glycolic Acid business acquired by PureTech Scientific.

Major companies operating in the polyglycolic acid market are Kureha Corporation, Shenzhen Polymtek Biomaterial Co. Ltd., BMG Incorporated, Huizhou Foryou Medical Devices Co. Ltd., Teleflex Incorporated, Unisur Lifecare Pvt. Ltd., Meta Biomed Co. Ltd., Samyang Biopharm Corporation, Merck Group, DuPont de Nemours Inc., BASF SE, Boen Healthcare Co. Ltd., Evonik Industries AG, Shanghai Pujing Chemical Technology Co. Ltd., Danhua Chemical Technology Co. Ltd., Orion Sutures India Pvt. Ltd., Shandong Haidike Medical Products Co. Ltd., Advanced Medical Solutions Group PLC, Lotus Surgicals Private Limited, Biomaterial Co. Ltd., Toray Industries Inc., SK Chemicals Co. Ltd., Zhonglan Industry Co. Ltd.

North America was the largest region in the polyglycolic acid market in 2024. The regions covered in the polyglycolic acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the polyglycolic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Polyglycolic acid represents a group of polymers designed for degradation through chemical hydrolysis, offering surgical sutures with enhanced strength and flexibility. These synthetic sutures are absorbable within the human body, undergoing metabolism without eliciting significant inflammatory reactions. Their extended absorption period contributes to minimal inflammatory responses. Applications for polyglycolic acids span across various medical fields like general surgery, plastic surgery, wound closure, ligatures, pediatric procedures, and cuticular applications.

The primary forms of polyglycolic acid include films, fibers, and other variations. The film format of polyglycolic acid stands out for its biodegradable and biocompatible nature. These films exhibit homogeneous distribution of titanium oxide (TiO2), with subtle variances based on molecular weight. Notably, their hygroscopic and anatase material properties enable water absorption. These products are available through online and offline distribution channels, catering to industries such as pharmaceuticals, oil and gas, packaging, among others.

The polyglycolic acid market research report is one of a series of new reports that provides polyglycolic acid market statistics, including polyglycolic acid industry global market size, regional shares, competitors with a polyglycolic acid market share, detailed polyglycolic acid market segments, market trends and opportunities, and any further data you may need to thrive in the polyglycolic acid industry. This polyglycolic acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The polyglycolic acid market consists of sales of industrial-grade and medical-grade polyglycolic acid. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Polyglycolic Acid Market Characteristics3. Polyglycolic Acid Market Trends and Strategies4. Polyglycolic Acid Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market
5. Global Polyglycolic Acid Growth Analysis and Strategic Analysis Framework
5.1. Global Polyglycolic Acid PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Polyglycolic Acid Market Growth Rate Analysis
5.4. Global Polyglycolic Acid Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Polyglycolic Acid Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Polyglycolic Acid Total Addressable Market (TAM)
6. Polyglycolic Acid Market Segmentation
6.1. Global Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Films
  • Fibers
  • Other Forms
6.2. Global Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Online
  • Offline
6.3. Global Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Pharmaceutical
  • Oil and Gas
  • Packaging
  • Other Industries
6.4. Global Polyglycolic Acid Market, Sub-Segmentation of Films, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Biodegradable Films
  • Barrier Films
6.5. Global Polyglycolic Acid Market, Sub-Segmentation of Fibers, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Monofilament Fibers
  • Multifilament Fibers
6.6. Global Polyglycolic Acid Market, Sub-Segmentation of Other Forms, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Granules
  • Coatings
  • Medical Devices
7. Polyglycolic Acid Market Regional and Country Analysis
7.1. Global Polyglycolic Acid Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Polyglycolic Acid Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Polyglycolic Acid Market
8.1. Asia-Pacific Polyglycolic Acid Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Polyglycolic Acid Market
9.1. China Polyglycolic Acid Market Overview
9.2. China Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Polyglycolic Acid Market
10.1. India Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Polyglycolic Acid Market
11.1. Japan Polyglycolic Acid Market Overview
11.2. Japan Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Polyglycolic Acid Market
12.1. Australia Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Polyglycolic Acid Market
13.1. Indonesia Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Polyglycolic Acid Market
14.1. South Korea Polyglycolic Acid Market Overview
14.2. South Korea Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Polyglycolic Acid Market
15.1. Western Europe Polyglycolic Acid Market Overview
15.2. Western Europe Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Polyglycolic Acid Market
16.1. UK Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Polyglycolic Acid Market
17.1. Germany Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Polyglycolic Acid Market
18.1. France Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Polyglycolic Acid Market
19.1. Italy Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Polyglycolic Acid Market
20.1. Spain Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Polyglycolic Acid Market
21.1. Eastern Europe Polyglycolic Acid Market Overview
21.2. Eastern Europe Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Polyglycolic Acid Market
22.1. Russia Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Polyglycolic Acid Market
23.1. North America Polyglycolic Acid Market Overview
23.2. North America Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Polyglycolic Acid Market
24.1. USA Polyglycolic Acid Market Overview
24.2. USA Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Polyglycolic Acid Market
25.1. Canada Polyglycolic Acid Market Overview
25.2. Canada Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Polyglycolic Acid Market
26.1. South America Polyglycolic Acid Market Overview
26.2. South America Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Polyglycolic Acid Market
27.1. Brazil Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Polyglycolic Acid Market
28.1. Middle East Polyglycolic Acid Market Overview
28.2. Middle East Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Polyglycolic Acid Market
29.1. Africa Polyglycolic Acid Market Overview
29.2. Africa Polyglycolic Acid Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Polyglycolic Acid Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Polyglycolic Acid Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Polyglycolic Acid Market Competitive Landscape and Company Profiles
30.1. Polyglycolic Acid Market Competitive Landscape
30.2. Polyglycolic Acid Market Company Profiles
30.2.1. Kureha Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Shenzhen Polymtek Biomaterial Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.3. BMG Incorporated Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Huizhou Foryou Medical Devices Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Teleflex Incorporated Overview, Products and Services, Strategy and Financial Analysis
31. Polyglycolic Acid Market Other Major and Innovative Companies
31.1. Unisur Lifecare Pvt. Ltd.
31.2. Meta Biomed Co. Ltd.
31.3. Samyang Biopharm Corporation
31.4. Merck Group
31.5. DuPont de Nemours Inc.
31.6. BASF SE
31.7. Boen Healthcare Co. Ltd.
31.8. Evonik Industries AG
31.9. Shanghai Pujing Chemical Technology Co. Ltd.
31.10. Danhua Chemical Technology Co. Ltd.
31.11. Orion Sutures India Pvt. Ltd.
31.12. Shandong Haidike Medical Products Co. Ltd.
31.13. Advanced Medical Solutions Group PLC
31.14. Lotus Surgicals Private Limited
31.15. Biomaterial Co. Ltd.
32. Global Polyglycolic Acid Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Polyglycolic Acid Market34. Recent Developments in the Polyglycolic Acid Market
35. Polyglycolic Acid Market High Potential Countries, Segments and Strategies
35.1 Polyglycolic Acid Market in 2029 - Countries Offering Most New Opportunities
35.2 Polyglycolic Acid Market in 2029 - Segments Offering Most New Opportunities
35.3 Polyglycolic Acid Market in 2029 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Polyglycolic Acid Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on polyglycolic acid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for polyglycolic acid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The polyglycolic acid market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • the market characteristics section of the report defines and explains the market.
  • the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • the forecasts are made after considering the major factors currently impacting the market. These include:
  • the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) by Form: Films; Fibers; Other Forms
2) by Distribution Channel: Online; Offline
3) by Industry: Pharmaceutical; Oil and Gas; Packaging; Other Industries

Subsegments:

1) by Films: Biodegradable Films; Barrier Films
2) by Fibers: Monofilament Fibers; Multifilament Fibers
3) by Other Forms: Granules; Coatings; Medical Devices

Key Companies Mentioned: Kureha Corporation; Shenzhen Polymtek Biomaterial Co. Ltd.; BMG Incorporated; Huizhou Foryou Medical Devices Co. Ltd.; Teleflex Incorporated

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

Some of the major companies featured in this Polyglycolic Acid market report include:
  • Kureha Corporation
  • Shenzhen Polymtek Biomaterial Co. Ltd.
  • BMG Incorporated
  • Huizhou Foryou Medical Devices Co. Ltd.
  • Teleflex Incorporated
  • Unisur Lifecare Pvt. Ltd.
  • Meta Biomed Co. Ltd.
  • Samyang Biopharm Corporation
  • Merck Group
  • DuPont de Nemours Inc.
  • BASF SE
  • Boen Healthcare Co. Ltd.
  • Evonik Industries AG
  • Shanghai Pujing Chemical Technology Co. Ltd.
  • Danhua Chemical Technology Co. Ltd.
  • Orion Sutures India Pvt. Ltd.
  • Shandong Haidike Medical Products Co. Ltd.
  • Advanced Medical Solutions Group PLC
  • Lotus Surgicals Private Limited
  • Biomaterial Co. Ltd.
  • Toray Industries Inc.
  • SK Chemicals Co. Ltd.
  • Zhonglan Industry Co. Ltd.

Table Information