Press release
Polyglycolic Acid Market 2018 Analysis and Growth By Top Key Players; Teleflex, CSM N.V, Huizhou Foryou Medical Devices Co., Ltd, BMG Incorporated and Shenzhen Polymtek Biomaterial Co., Ltd.
This observe gives insights about the Polyglycolic Acid Market with regard to its uses and benefits. We at Crystal market studies (CMR) provide up to date statistics this is beneficial in decision making concerning business investments.Browse Complete 180 Pages Premium Report Enabled with Respective Tables and Figures is Available: https://www.crystalmarketresearch.com/report/polyglycolic-acid-market .
Industry Outlook and Trend Analysis:
The Polyglycolic Acid Market is predicted to garner lucrative market share by 2025, while registering itself at a significant compound annual growth rate (CAGR) during the forecast period. The polyglycolic corrosive (PGA) market is anticipated to witness considerable growth in medicinal industry in the following years. Increasing demand for absorbable suture and other enhanced surgical instruments has been the significant pattern in medical sector driving the polyglycolic acid (polyglycolide) market. The product has a variety of uses in medical industry including: biodegradable bone graft polymers, dental surgeries, absorbable sutures, in regeneration of organs, scaffolds in cell culture & transplantation and in drug delivery vehicles. The usage of absorbable sutures circumvents and the requirement for re-surgery for suture evacuation is probably going to be a key factor pushing the polyglycolide market in the following years.
Competitive Insights:
The leading players in the market are Teleflex, CSM N.V, Huizhou Foryou Medical Devices Co., Ltd, BMG Incorporated and Shenzhen Polymtek Biomaterial Co., Ltd. The global polyglycolic acid market was highly monopolistic in nature in 2016, as Kureha Corporation was the sole industrial-scale manufacturer of the product. The company possesses strong growth techniques for development of its business beyond North America in the upcoming years. While medical sutures are the major applications of product, Kureha is planning development of new applications using its patented cost-effective methods.
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Regional Outlook and Trend Analysis:
North America drove the general polyglycolide market in 2016 with a huge share over 60%. The locale is foreseen to witness critical interest for polyglycolide in shale gas extraction in the coming years. The U.S's. administration as the innovative producer of shale gas lately has set up it as a conceivable catalyzer for worldwide energy change. Europe polyglycolic acid market will likewise encounter significant development in the following years.
By Region: North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)
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Form Outlook and Trend Analysis:
Fibre form captured a huge share of more than 40% out of 2016 and is foreseen to rise generously over the conjecture time period. The fibrous PGA has been utilized as monofilament, interlaced form or in mesh structure. Fibre form is anticipated to hold considerable demand in the upcoming years, in the medical sector for use in sutures, scaffolds, stents, adhesion barrier reinforcement, in synthetic dura, etc. Film form has been gaining demand in the packaging sector as a coating material for PET bottles.
Table of Contents:
Part 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Part 2. Executive Summary
2.1. Key Highlights
Part 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Growing Market for Absorbable Sutures Drives Market for PGA
3.2.2. Restraints
3.2.2.1. High Price of PGA Coupled with Lack of Customer Awareness Restrains the Market
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
Part 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2025)
4.1.2. Canada Market States and Outlook (2014-2025)
4.1.3. Mexico Market States and Outlook (2014-2025)
...
Part 5. Polyglycolic Acid Market, By Application
5.1. Introduction
5.2. Global Polyglycolic Acid Sales, Revenue and Market Share by Application (2014-2017)
5.2.1. Global Polyglycolic Acid Sales and Sales Share by Application (2014-2017)
5.2.2. Global Polyglycolic Acid Revenue and Revenue Share by Application (2014-2017)
5.3. Polyglycolic Acid Market Assessment and Forecast, By Application, 2014-2025
5.4. Medical
5.4.1. Global Medical Sales and Growth Rate (2014-2018)
5.5. Packaging
5.5.1. Global Packaging Sales and Growth Rate (2014-2018)
5.6. Shale Gas Extraction
5.6.1. Global Shale Gas Extraction Sales and Growth Rate (2014-2018)
5.7. Other Applications
5.7.1. Global Other Applications Sales and Growth Rate (2014-2018)
…Read Full Table of Contents
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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