Polyglycolic Acid Market Size, Trends and Forecast 2018-2024 | Global Analysis Report

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Global Polyglycolic Acid (PGA) Market Report
2017 - 2024
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Global Polyglycolic Acid (PGA) Market
According to the global Polyglycolic Acid (PGA)
market report published by Value Market Research,
the market is expected to touch USD 469.5 Million
by 2024, with a CAGR of 9.9 growing from USD
240.9 Million in 2017. This is a tailored made
research service providing informative data and
various critical aspects of the market such as
market outlook, market share, growth, and trends.
Further, the report also offers evidence-based
information that helps to transform clients
business and achieve their business goals.
Moreover, the report also highlights the key
strategy of top players. Additionally, this
report covers a wide spectrum of services such as
the latest technology trend, market opportunity
analysis, and competitive landscape.
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Global Polyglycolic Acid (PGA) Market Dynamics
Polyglycolic acid is witnessing high demand from
the medical industry owing to growing application
in the absorbable suture and other advanced
surgical tools. Rising demand of polyglycolic
acid in biomedical applications such as
controlled drug delivery, tissue engineering, and
others is fueling the market growth. In addition,
U.S., Europe, and Japan governments have accepted
Polyglycolic acid as a biodegradable plastic.
Growing preference of consumers for biodegradable
plastic packaging is further supporting the
market growth. However, High cost of polyglycolic
acid is expected to restrict its usage
substantially over the years to come. Also, the
lack of awareness regarding the usage of
polyglycolic acid within potential customers is
projected to hamper its demand in the near
future. This detailed market study is centered
on the data obtained from multiple sources and is
analyzed using numerous tools including porters
five forces analysis, market attractiveness
analysis and value chain analysis. These tools
are employed to gain insights of the potential
value of the market facilitating the business
strategists with the latest growth opportunities.
Additionally, these tools also provide a detailed
analysis of each application/product segment in
the global market of polyglycolic acid (PGA).
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Global Polyglycolic Acid (PGA) Market Segmentation

• By Application
• Medical
• Packaging
• Shale Gas Extraction
• Others

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Global Polyglycolic Acid (PGA) Market Key Players

• DuPont
• Huizhou Foryou Medical Devices Co., Ltd.
• Kureha PGA, LLC
• Teleflex, Inc.

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Global Polyglycolic Acid (PGA) Market Regional
Analysis
The report comprises of the geographical
segmentation which mainly focuses on current and
forecast demand for polyglycolic acid (PGA) in
North America, Europe, Asia Pacific, Latin
America, and Middle East Africa. The report
further focuses on demand for individual
application segments in all the regions.
METHODOLOGY A combination of primary and
secondary research has been used to determine the
market estimates and forecasts. Sources used for
secondary research include (but not limited to)
Paid Data Sources, Company Websites, Technical
Journals, Annual Reports, SEC Filings and various
other industry publications. Specific details on
methodology used for this report can be provided
on demand. 
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