Global Polyglycolide Supply, Demand and Key Producers, 2026-2032
Description
The global Polyglycolide market size is expected to reach $ 1443 million by 2032, rising at a market growth of 35.4% CAGR during the forecast period (2026-2032).
Polyglycolide (PGA), also known as polyglycolic acid, is a biodegradable, thermoplastic, linear aliphatic polyester synthesized through the ring-opening polymerization of glycolide or the polycondensation of glycolic acid. It is the simplest form of aliphatic polyester and is characterized by high crystallinity, a melting point of approximately 225–230 °C, and excellent mechanical strength. PGA undergoes hydrolytic degradation into glycolic acid, which is further metabolized into carbon dioxide and water under physiological conditions within several months.
Due to its high tensile strength, thermal stability, biocompatibility, and controllable degradation rate, PGA is widely used in biomedical applications such as absorbable surgical sutures, tissue engineering scaffolds, drug delivery systems, biodegradable implants, and orthopedic devices. Beyond the medical sector, it is also being adopted in packaging (as compostable films and barrier layers), textiles, and the oil & gas industry, particularly in biodegradable downhole tools and plugs.
North America holds the largest share of the global PGA market. This is attributed to advanced healthcare infrastructure, high surgical volume, and extensive use of biodegradable tools in shale gas extraction. The U.S. leads in both consumption and innovation, and the region is expected to maintain strong growth.
Europe is a steadily growing market, with Germany, the UK, and France at the forefront. The region benefits from stringent environmental policies and growing demand for sustainable materials in medical and consumer packaging applications. Steady growth is expected as biopolymers gain regulatory and commercial support.
Asia-Pacific is the fastest-growing region, led by China, India, South Korea, and Japan. Rapid industrialization, expanding healthcare sectors, rising awareness of sustainable alternatives, and increasing investments in medical manufacturing are key drivers. The region is also a major production base for synthetic polymers, which supports PGA capacity expansion.
This report studies the global Polyglycolide production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Polyglycolide and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Polyglycolide that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Polyglycolide total production and demand, 2021-2032, (Tons)
Global Polyglycolide total production value, 2021-2032, (USD Million)
Global Polyglycolide production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global Polyglycolide consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: Polyglycolide domestic production, consumption, key domestic manufacturers and share
Global Polyglycolide production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global Polyglycolide production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global Polyglycolide production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global Polyglycolide market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kureha, Evonik, BMG, Corbion, Teleflex, Samyang Biopharm, Meta Biomed, Danhua Technology, Huizhou Foryou Medical, Shanghai Pujing Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Polyglycolide market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Polyglycolide Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Polyglycolide Market, Segmentation by Type:
Medical Grade Polyglycolide
Industrial Grade Polyglycolide
Global Polyglycolide Market, Segmentation by Application:
Oil and Gas
Medical Absorbable Materials
Packaging
Others
Companies Profiled:
Kureha
Evonik
BMG
Corbion
Teleflex
Samyang Biopharm
Meta Biomed
Danhua Technology
Huizhou Foryou Medical
Shanghai Pujing Chemical
Shenzhen Polymtek Biomaterial
eSUNMed
Suzhou Qihang
CHN Energy Yulin Chemical
Key Questions Answered:
1. How big is the global Polyglycolide market?
2. What is the demand of the global Polyglycolide market?
3. What is the year over year growth of the global Polyglycolide market?
4. What is the production and production value of the global Polyglycolide market?
5. Who are the key producers in the global Polyglycolide market?
6. What are the growth factors driving the market demand?
Polyglycolide (PGA), also known as polyglycolic acid, is a biodegradable, thermoplastic, linear aliphatic polyester synthesized through the ring-opening polymerization of glycolide or the polycondensation of glycolic acid. It is the simplest form of aliphatic polyester and is characterized by high crystallinity, a melting point of approximately 225–230 °C, and excellent mechanical strength. PGA undergoes hydrolytic degradation into glycolic acid, which is further metabolized into carbon dioxide and water under physiological conditions within several months.
Due to its high tensile strength, thermal stability, biocompatibility, and controllable degradation rate, PGA is widely used in biomedical applications such as absorbable surgical sutures, tissue engineering scaffolds, drug delivery systems, biodegradable implants, and orthopedic devices. Beyond the medical sector, it is also being adopted in packaging (as compostable films and barrier layers), textiles, and the oil & gas industry, particularly in biodegradable downhole tools and plugs.
North America holds the largest share of the global PGA market. This is attributed to advanced healthcare infrastructure, high surgical volume, and extensive use of biodegradable tools in shale gas extraction. The U.S. leads in both consumption and innovation, and the region is expected to maintain strong growth.
Europe is a steadily growing market, with Germany, the UK, and France at the forefront. The region benefits from stringent environmental policies and growing demand for sustainable materials in medical and consumer packaging applications. Steady growth is expected as biopolymers gain regulatory and commercial support.
Asia-Pacific is the fastest-growing region, led by China, India, South Korea, and Japan. Rapid industrialization, expanding healthcare sectors, rising awareness of sustainable alternatives, and increasing investments in medical manufacturing are key drivers. The region is also a major production base for synthetic polymers, which supports PGA capacity expansion.
This report studies the global Polyglycolide production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Polyglycolide and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Polyglycolide that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Polyglycolide total production and demand, 2021-2032, (Tons)
Global Polyglycolide total production value, 2021-2032, (USD Million)
Global Polyglycolide production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global Polyglycolide consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: Polyglycolide domestic production, consumption, key domestic manufacturers and share
Global Polyglycolide production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global Polyglycolide production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global Polyglycolide production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global Polyglycolide market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kureha, Evonik, BMG, Corbion, Teleflex, Samyang Biopharm, Meta Biomed, Danhua Technology, Huizhou Foryou Medical, Shanghai Pujing Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Polyglycolide market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Polyglycolide Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Polyglycolide Market, Segmentation by Type:
Medical Grade Polyglycolide
Industrial Grade Polyglycolide
Global Polyglycolide Market, Segmentation by Application:
Oil and Gas
Medical Absorbable Materials
Packaging
Others
Companies Profiled:
Kureha
Evonik
BMG
Corbion
Teleflex
Samyang Biopharm
Meta Biomed
Danhua Technology
Huizhou Foryou Medical
Shanghai Pujing Chemical
Shenzhen Polymtek Biomaterial
eSUNMed
Suzhou Qihang
CHN Energy Yulin Chemical
Key Questions Answered:
1. How big is the global Polyglycolide market?
2. What is the demand of the global Polyglycolide market?
3. What is the year over year growth of the global Polyglycolide market?
4. What is the production and production value of the global Polyglycolide market?
5. Who are the key producers in the global Polyglycolide market?
6. What are the growth factors driving the market demand?
Table of Contents
128 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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