Global Polyglycolic Acid Competitive Landscape Professional Research Report 2025

Research Summary

Polyglycolic acid (PGA) is a biodegradable polymer belonging to the family of aliphatic polyesters. It is synthesized through the ring-opening polymerization of glycolide monomers. PGA is known for its high strength, flexibility, and rapid biodegradability, making it suitable for various applications in the medical and industrial fields. In the medical industry, PGA is commonly used as a material for absorbable sutures due to its excellent tensile strength and biocompatibility. As the sutures are gradually absorbed by the body, they eliminate the need for removal after the healing process. PGA is also employed in tissue engineering and drug delivery systems. In the industrial sector, PGA＇s biodegradable nature is advantageous for applications such as packaging materials and agricultural products, contributing to environmentally friendly and sustainable solutions. The versatile properties of polyglycolic acid make it a valuable material in both medical and industrial contexts where biodegradability and mechanical strength are essential.

According to DIResearch's in-depth investigation and research, the global Polyglycolic Acid market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Polyglycolic Acid include Kureha, Corbion, BMG, Evonik, Teleflex, Samyang Biopharm, Meta Biomed, Shanghai Pujing Chemical, Shenzhen Polymtek Biomaterial, Huizhou Foryou Medical Device, Danhua Technology etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Polyglycolic Acid. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Polyglycolic Acid market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Polyglycolic Acid market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Polyglycolic Acid industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Polyglycolic Acid Include:

Kureha

Corbion

BMG

Evonik

Teleflex

Samyang Biopharm

Meta Biomed

Shanghai Pujing Chemical

Shenzhen Polymtek Biomaterial

Huizhou Foryou Medical Device

Danhua Technology

Polyglycolic Acid Product Segment Include:

Industrial Grade

Medical Grade

Polyglycolic Acid Product Application Include:

Oil and Gas Industry

Medical Industry

Packing Industry

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Polyglycolic Acid Capacity and Production Analysis

Chapter 3: Global Polyglycolic Acid Industry PESTEL Analysis

Chapter 4: Global Polyglycolic Acid Industry Porter's Five Forces Analysis

Chapter 5: Global Polyglycolic Acid Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 6: Global Polyglycolic Acid Market Size and Forecast by Type and Application Analysis

Chapter 7: North America Polyglycolic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: Europe Polyglycolic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: China Polyglycolic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: APAC (Excl. China) Polyglycolic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Latin America Polyglycolic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Middle East and Africa Polyglycolic Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 13: Global Polyglycolic Acid Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 16: Research Findings and Conclusion

Chapter 17: Methodology and Data Sources