Polyglycolic Acid Market Global Outlook and Forecast 2024-2030
The global Polyglycolic Acid market was valued at US$ 411.3 million in 2023 and is projected to reach US$ 642.4 million by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period (2023-2030).
Polyglycolide or poly(glycolic acid) (PGA), also spelled as polyglycolic acid is a biodegradable, semi-crystalline thermoplastic. It is also the simplest linear, aliphatic polyester. PGA resins are known for their excellent gas barrier properties, relative high strength, and excellent biodegradability. Some grades have a biodegradation rate similar to cellulose and decompose under composting conditions into CO2 and water within one month.
PGA and its copolymers such as poly(lactic-co-glycolic acid), and poly(glycolide-co-caprolactone) are used in a number of applications. Due to PGA's very low permeability to O2 and CO2, it can be used as a packaging film for oxygen sensitive products, for example as an interlayer between two polyester films. Other important applications include shale gas extraction and other industrial processes as well as synthetic fast absorbable sutures for internal surgeries.
This report aims to provide a comprehensive presentation of the global market for Polyglycolic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polyglycolic Acid. This report contains market size and forecasts of Polyglycolic Acid in global, including the following market information:
Global core polyglycolic acid manufacturers include Kureha, Corbion etc.The top 2 companies hold a share about 55%. North America is the largest market, with a share about 45%, followed by China and Europe with the share about 18% and 12%.In terms of product, industrial grade is the largest segment, with a share over 50%. And in terms of application, the largest application is oil and gas industry, followed by medical industry.
We surveyed the Polyglycolic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Polyglycolic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Polyglycolic Acid Market Segment Percentages, by Type, 2022 (%)
Global Polyglycolic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Polyglycolic Acid Market Segment Percentages, by Application, 2022 (%)
Global Polyglycolic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Polyglycolic Acid Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters:
Chapter 1: Introduces the definition of Polyglycolic Acid, market overview.
Chapter 2: Global Polyglycolic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Polyglycolic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Polyglycolic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Polyglycolic Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Table of Content:
1 Introduction to Research & Analysis Reports
1.1 Polyglycolic Acid Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Polyglycolic Acid Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Polyglycolic Acid Overall Market Size
2.1 Global Polyglycolic Acid Market Size: 2022 VS 2029
2.2 Global Polyglycolic Acid Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Polyglycolic Acid Sales: 2018-2029
3 Company Landscape
3.1 Top Polyglycolic Acid Players in Global Market
3.2 Top Global Polyglycolic Acid Companies Ranked by Revenue
3.3 Global Polyglycolic Acid Revenue by Companies
3.4 Global Polyglycolic Acid Sales by Companies
3.5 Global Polyglycolic Acid Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Polyglycolic Acid Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Polyglycolic Acid Product Type
3.8 Tier 1, Tier 2 and Tier 3 Polyglycolic Acid Players in Global Market
3.8.1 List of Global Tier 1 Polyglycolic Acid Companies
3.8.2 List of Global Tier 2 and Tier 3 Polyglycolic Acid Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Polyglycolic Acid Market Size Markets, 2022 &
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