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Global Polyglycolic Acid Market Research Report 2025
Synopsis
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.
The global Polyglycolic Acid market was valued at US$ 112 million in 2023 and is anticipated to reach US$ 426.9 million by 2030, witnessing a CAGR of 23.9% during the forecast period 2024-2030.
Global core polyglycolic acid manufacturers include Kureha and Shanghai Pujing Chemical. The top 2 companies hold a share over 90%. North America is the largest market, with a share over 45%, followed by China and Europe with the share about 23% and 11%. In terms of product type, 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.
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.
Report Scope
The Polyglycolic Acid market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Polyglycolic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Polyglycolic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Kureha
Corbion
BMG
Evonik
Teleflex
Samyang Biopharm
Meta Biomed
Shanghai Pujing Chemical
Shenzhen Polymtek Biomaterial
Huizhou Foryou Medical Device
Danhua Technology
Segment by Type
Industrial Grade
Medical Grade
Segment by Application
Oil and Gas Industry
Medical Industry
Packing Industry
Others
Production by Region
Japan
South Korea
China
Europe
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Polyglycolic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Polyglycolic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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.
The global Polyglycolic Acid market was valued at US$ 112 million in 2023 and is anticipated to reach US$ 426.9 million by 2030, witnessing a CAGR of 23.9% during the forecast period 2024-2030.
Global core polyglycolic acid manufacturers include Kureha and Shanghai Pujing Chemical. The top 2 companies hold a share over 90%. North America is the largest market, with a share over 45%, followed by China and Europe with the share about 23% and 11%. In terms of product type, 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.
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.
Report Scope
The Polyglycolic Acid market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Polyglycolic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Polyglycolic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Kureha
Corbion
BMG
Evonik
Teleflex
Samyang Biopharm
Meta Biomed
Shanghai Pujing Chemical
Shenzhen Polymtek Biomaterial
Huizhou Foryou Medical Device
Danhua Technology
Segment by Type
Industrial Grade
Medical Grade
Segment by Application
Oil and Gas Industry
Medical Industry
Packing Industry
Others
Production by Region
Japan
South Korea
China
Europe
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Polyglycolic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Polyglycolic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Polyglycolic Acid Market Overview
1.1 Product Definition
1.2 Polyglycolic Acid Segment by Type
1.2.1 Global Polyglycolic Acid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Industrial Grade
1.2.3 Medical Grade
1.3 Polyglycolic Acid Segment by Application
1.3.1 Global Polyglycolic Acid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Oil and Gas Industry
1.3.3 Medical Industry
1.3.4 Packing Industry
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Polyglycolic Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Polyglycolic Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Polyglycolic Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global Polyglycolic Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Polyglycolic Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global Polyglycolic Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Polyglycolic Acid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Polyglycolic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Polyglycolic Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Polyglycolic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Polyglycolic Acid, Product Offered and Application
2.8 Global Key Manufacturers of Polyglycolic Acid, Date of Enter into This Industry
2.9 Polyglycolic Acid Market Competitive Situation and Trends
2.9.1 Polyglycolic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Polyglycolic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Polyglycolic Acid Production by Region
3.1 Global Polyglycolic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Polyglycolic Acid Production Value by Region (2019-2030)
3.2.1 Global Polyglycolic Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Polyglycolic Acid by Region (2025-2030)
3.3 Global Polyglycolic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Polyglycolic Acid Production by Region (2019-2030)
3.4.1 Global Polyglycolic Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Polyglycolic Acid by Region (2025-2030)
3.5 Global Polyglycolic Acid Market Price Analysis by Region (2019-2024)
3.6 Global Polyglycolic Acid Production and Value, Year-over-Year Growth
3.6.1 Japan Polyglycolic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 South Korea Polyglycolic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Polyglycolic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Europe Polyglycolic Acid Production Value Estimates and Forecasts (2019-2030)
4 Polyglycolic Acid Consumption by Region
4.1 Global Polyglycolic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Polyglycolic Acid Consumption by Region (2019-2030)
4.2.1 Global Polyglycolic Acid Consumption by Region (2019-2024)
4.2.2 Global Polyglycolic Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Polyglycolic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Polyglycolic Acid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Polyglycolic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Polyglycolic Acid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Polyglycolic Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Polyglycolic Acid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Polyglycolic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Polyglycolic Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Polyglycolic Acid Production by Type (2019-2030)
5.1.1 Global Polyglycolic Acid Production by Type (2019-2024)
5.1.2 Global Polyglycolic Acid Production by Type (2025-2030)
5.1.3 Global Polyglycolic Acid Production Market Share by Type (2019-2030)
5.2 Global Polyglycolic Acid Production Value by Type (2019-2030)
5.2.1 Global Polyglycolic Acid Production Value by Type (2019-2024)
5.2.2 Global Polyglycolic Acid Production Value by Type (2025-2030)
5.2.3 Global Polyglycolic Acid Production Value Market Share by Type (2019-2030)
5.3 Global Polyglycolic Acid Price by Type (2019-2030)
6 Segment by Application
6.1 Global Polyglycolic Acid Production by Application (2019-2030)
6.1.1 Global Polyglycolic Acid Production by Application (2019-2024)
6.1.2 Global Polyglycolic Acid Production by Application (2025-2030)
6.1.3 Global Polyglycolic Acid Production Market Share by Application (2019-2030)
6.2 Global Polyglycolic Acid Production Value by Application (2019-2030)
6.2.1 Global Polyglycolic Acid Production Value by Application (2019-2024)
6.2.2 Global Polyglycolic Acid Production Value by Application (2025-2030)
6.2.3 Global Polyglycolic Acid Production Value Market Share by Application (2019-2030)
6.3 Global Polyglycolic Acid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Kureha
7.1.1 Kureha Polyglycolic Acid Corporation Information
7.1.2 Kureha Polyglycolic Acid Product Portfolio
7.1.3 Kureha Polyglycolic Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Kureha Main Business and Markets Served
7.1.5 Kureha Recent Developments/Updates
7.2 Corbion
7.2.1 Corbion Polyglycolic Acid Corporation Information
7.2.2 Corbion Polyglycolic Acid Product Portfolio
7.2.3 Corbion Polyglycolic Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Corbion Main Business and Markets Served
7.2.5 Corbion Recent Developments/Updates
7.3 BMG
7.3.1 BMG Polyglycolic Acid Corporation Information
7.3.2 BMG Polyglycolic Acid Product Portfolio
7.3.3 BMG Polyglycolic Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 BMG Main Business and Markets Served
7.3.5 BMG Recent Developments/Updates
7.4 Evonik
7.4.1 Evonik Polyglycolic Acid Corporation Information
7.4.2 Evonik Polyglycolic Acid Product Portfolio
7.4.3 Evonik Polyglycolic Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Evonik Main Business and Markets Served
7.4.5 Evonik Recent Developments/Updates
7.5 Teleflex
7.5.1 Teleflex Polyglycolic Acid Corporation Information
7.5.2 Teleflex Polyglycolic Acid Product Portfolio
7.5.3 Teleflex Polyglycolic Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Teleflex Main Business and Markets Served
7.5.5 Teleflex Recent Developments/Updates
7.6 Samyang Biopharm
7.6.1 Samyang Biopharm Polyglycolic Acid Corporation Information
7.6.2 Samyang Biopharm Polyglycolic Acid Product Portfolio
7.6.3 Samyang Biopharm Polyglycolic Acid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Samyang Biopharm Main Business and Markets Served
7.6.5 Samyang Biopharm Recent Developments/Updates
7.7 Meta Biomed
7.7.1 Meta Biomed Polyglycolic Acid Corporation Information
7.7.2 Meta Biomed Polyglycolic Acid Product Portfolio
7.7.3 Meta Biomed Polyglycolic Acid Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Meta Biomed Main Business and Markets Served
7.7.5 Meta Biomed Recent Developments/Updates
7.8 Shanghai Pujing Chemical
7.8.1 Shanghai Pujing Chemical Polyglycolic Acid Corporation Information
7.8.2 Shanghai Pujing Chemical Polyglycolic Acid Product Portfolio
7.8.3 Shanghai Pujing Chemical Polyglycolic Acid Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Shanghai Pujing Chemical Main Business and Markets Served
7.7.5 Shanghai Pujing Chemical Recent Developments/Updates
7.9 Shenzhen Polymtek Biomaterial
7.9.1 Shenzhen Polymtek Biomaterial Polyglycolic Acid Corporation Information
7.9.2 Shenzhen Polymtek Biomaterial Polyglycolic Acid Product Portfolio
7.9.3 Shenzhen Polymtek Biomaterial Polyglycolic Acid Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shenzhen Polymtek Biomaterial Main Business and Markets Served
7.9.5 Shenzhen Polymtek Biomaterial Recent Developments/Updates
7.10 Huizhou Foryou Medical Device
7.10.1 Huizhou Foryou Medical Device Polyglycolic Acid Corporation Information
7.10.2 Huizhou Foryou Medical Device Polyglycolic Acid Product Portfolio
7.10.3 Huizhou Foryou Medical Device Polyglycolic Acid Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Huizhou Foryou Medical Device Main Business and Markets Served
7.10.5 Huizhou Foryou Medical Device Recent Developments/Updates
7.11 Danhua Technology
7.11.1 Danhua Technology Polyglycolic Acid Corporation Information
7.11.2 Danhua Technology Polyglycolic Acid Product Portfolio
7.11.3 Danhua Technology Polyglycolic Acid Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Danhua Technology Main Business and Markets Served
7.11.5 Danhua Technology Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Polyglycolic Acid Industry Chain Analysis
8.2 Polyglycolic Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Polyglycolic Acid Production Mode & Process
8.4 Polyglycolic Acid Sales and Marketing
8.4.1 Polyglycolic Acid Sales Channels
8.4.2 Polyglycolic Acid Distributors
8.5 Polyglycolic Acid Customers
9 Polyglycolic Acid Market Dynamics
9.1 Polyglycolic Acid Industry Trends
9.2 Polyglycolic Acid Market Drivers
9.3 Polyglycolic Acid Market Challenges
9.4 Polyglycolic Acid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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