Polyglycolic Acid (PGA) Market Size, Industry Analysis Report, Regional Outlook, Price Trend, Competitive Market Share & Forecast, 2018 – 2024

Polyglycolic acid (PGA) is a biodegradable and thermoplastic polymer, widely used as a surgical suture material owing to high tensile strength, tissue reactivity, hydrolytic stability, and excellent knotting ability. It is obtained through two processes, namely polycondensation of glycolic acid and ring-opening polymerization of glycolide.

The rapidly developing and growing demand for polyglycolic acid in the medical industry, individually as a preferred raw material for manufacturing surgical sutures, hernia meshes, drug delivery devices, grafts, and scaffolds for tissue regeneration, is expected to drive the market demand for polyglycolic acid during the forecast period.

Polyglycolic acid obtained through ring-opening polymerization of the cyclic dimers of glycolic acid is considered ideal to be used in the medical industry owing to its excellent degradation performance along with unmatched compatibility with human tissues. The demand for polyglycolic acid in the pharmaceutical industry is majorly driven by the rising preference for quality healthcare services with specific reference to surgical procedures in major part of the world. Further, the increasing medical tourism in major healthcare markets globally will further boost the polyglycolic acid market growth.

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Top Leading Companies: –

  • Chemours
  • Kureha


Application Segment –

  • Packaging
  • Oil & Gas
  • Medical Device


By Region Segment –

  • North America: US, Canada, Mexico
  • APAC: China, India, Japan, South Korea, Australia, New Zealand, Southeast Asia (Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam)
  • Europe: Germany, France, UK, Italy, Spain, Poland, Netherlands, Belgium, Czech, Russia
  • South America: Brazil, Argentina, Chile, Peru
  • MEA: South Africa, GCC, Egypt, Turkey

Global key and local players information including SWOT analysis, company’s financial figures, Polyglycolic Acid (PGA) data of each company are covered.

Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.

Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.

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Table of Contents –

  1. Abbreviation & Acronyms
  2. Key Points
  3. Status of Polyglycolic Acid (PGA) Industry
  4. Industry Chain of Polyglycolic Acid (PGA) Industry
  5. 2014-2024 Global Polyglycolic Acid (PGA) Market
  6. 2014-2024 Global Key Regions Polyglycolic Acid (PGA) Market
  7. Trends and Dynamics of Polyglycolic Acid (PGA)
  8. Analysis of Main Players

List of Tables –

Table Global Key Regions Polyglycolic Acid (PGA) Market Share List

Table Main Applications of Polyglycolic Acid (PGA) List

Table Global Polyglycolic Acid (PGA) Players Market Share List 2018

Table Main Technology of Polyglycolic Acid (PGA) Industry

Table Main Players of Polyglycolic Acid (PGA) Industry

Table Main Raw Materials Suppliers List

Table Key End Users List


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