Global Polyglycolic Acid Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch"s in-depth investigation and research, the global Polyglycolic Acid market size will reach 179.67 Million USD in 2025 and is projected to reach 955.31 Million USD by 2032, with a CAGR of 26.96% (2025-2032). Notably, the China Polyglycolic Acid market has changed rapidly in the past few years. By 2025, China"s market size is expected to be Million USD, representing approximately % of the global market share.

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.

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 US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, 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 Trend

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 (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Polyglycolic Acid Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Polyglycolic Acid Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Polyglycolic Acid Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources