Middle East and Africa Polyglycolic Acid Market in Oil and Gas industry Size to Reach USD 24,910.99 thousand by 2029| Key Players: KUREHA CORPORATION and The Chemours Company

Market Definition

Polyglycolic acid (PGA) has a similar chemical structure to PLA but without the methyl side group, which allows the polymer chains to pack together tightly and results in a high degree of crystallinity, high thermal stability, exceptionally high gas barrier, as well as high mechanical strength and stiffness. PGA is rapidly biodegradable and 100% compostable and has intrinsic characteristics such as high hydrophilicity, rapid degradation, insolubility in most organic solvents.

The promotional Middle East and Africa Polyglycolic Acid Market in Oil and Gas market report examines market drivers, market restraints, challenges, opportunities and key developments in the industry. This market research report acts as a great support to any size of business whether it is large, medium or small. This report provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. The forecast, analysis, evaluations, and estimations carried out in the first class Middle East and Africa Polyglycolic Acid Market in Oil and Gas business report are all based upon the well-established tools and techniques such as SWOT analysis and Porter's Five Forces analysis.

The PGA is highly beneficial in oil drilling activities. Data Bridge Market Research analyses that the polyglycolic acid market in oil & gas industry is expected to reach the value of USD 24,910.99 thousand by the year 2029, at a CAGR of 4.8% during the forecast period. Fibrous materials "account for the most prominent form segment in the respective market owing to rise in the oil drilling activities. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

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Market Analysis and Size

Polyglycolic acid (PGA), is a biodegradable polymer consisted of a simple linear aliphatic polyester. PGA is synthesized from glycolic acid monomers through polycondensation or ring-opening polymerization. It is a bulk degrading polymer with low solubility in water and organic solvents because of its high degree of crystallinity. The component is highly crystalline and consequently it presents a high melting point and low solubility in organic solvents.

A wide ranging Middle East and Africa Polyglycolic Acid Market in Oil and Gas market research report comprises of extensive industry analysis with accurate estimates and forecasts that helps gain complete research solutions with maximum industry clarity. All the data and information included in this report aids businesses in improving their strategic decision making. An expert team of innovative analysts, enthusiastic forecasters, knowledgeable researchers and experienced industry experts take meticulous effort, 24*7 to organize this most excellent market report. With the entire understanding of business environment that is best suitable for the requirements of the client, the finest Middle East and Africa Polyglycolic Acid Market in Oil and Gas report has been generated.

Competitive Landscape and Middle East & Africa Polyglycolic Acid Market in Oil & Gas Industry Share Analysis

Middle East and Africa polyglycolic acid market in oil & gas industry competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to KSA plastic pipes market.

The players operating in the polyglycolic acid market in oil & gas industry are KUREHA CORPORATION and The Chemours Company.

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COVID-19 had a Minimal Impact on Middle East & Africa Polyglycolic Acid Market in Oil & Gas Industry

COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. However, significant impact was noticed on polyglycolic acid market. The operations and supply chain of polyglycolic acid, with multiple manufacturing facilities were still operating in the region. The service providers continued offering polyglycolic acid following sanitation and safety measures in the post-COVID scenario.

Middle East & Africa Polyglycolic Acid Market in Oil & Gas Industry Scope

The Middle East and Africa polyglycolic acid market in oil & gas industry is segmented on the basis of form and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Form
Fibrous Materials
Powder/Granular
Films
Others

Based on form, the Middle East and Africa polyglycolic acid market in oil & gas industry is segmented into powder/granular, fibrous materials, films and others.

Application
Oil Extraction
Hydraulic Fracturing
Downhole Tools
Scale Control and Remediation
Horizontal Well Stimulation
Gypsum Removal
Metal Naphthenate Dissolution
Removal of Water Soluble Organics
Well Control
Pressure Management
Others

Based on application, the Middle East and Africa polyglycolic acid market in oil & gas industry is segmented into scale control and remediation, horizontal well stimulation, gypsum removal, metal naphthenate dissolution, removal of water soluble organics, hydraulic fracturing, downhole tools, pressure management, well control, oil extraction and others.

Polyglycolic Acid Market in Oil & Gas Industry Market Regional Analysis/Insights

Middle East and Africa polyglycolic acid market in oil & gas industry is segmented on the basis of form and application.

The countries covered in the Middle East and Africa polyglycolic acid market in oil & gas industry are United Arab Emirates, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa. Saudi Arabia has been dominating the market due to the increasing oil drilling activities in the country.

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Table of Contents:
Middle East & Africa Polyglycolic Acid Market in Oil & Gas Industry Research Report 2029
Chapter 1 Middle East & Africa Polyglycolic Acid Market in Oil & Gas Industry Overview

Chapter 2 Economic Impact on Industry

Chapter 3 Market Competition by Manufacturers

Chapter 4 Production, Revenue (Value) by Region

Chapter 5 Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Middle East & Africa Polyglycolic Acid Market in Oil & Gas Industry Forecast
...
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