Polyglycolide Market 2025: Global Business Growth, Demand, Trends, Key Players and Forecasts till 2031

QY Research has recently published a report, titled "Polyglycolide Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". The global Polyglycolide market is comprehensively analyzed in the report with the main objective of providing accurate market data and useful recommendations to help players to gain strong growth in future. The report is compiled by subject matter experts and experienced market analysts, which makes it highly authentic and reliable. Readers are provided with deep analysis of historical and future market scenarios to get sound understanding of market competition and other important aspects. The report offers exhaustive research on market dynamics, key segments, leading players, and different regional markets. It is a complete package of thorough analysis and research on the global Polyglycolide market.

The global market for Polyglycolide was estimated to be worth US$ 130 million in 2024 and is forecast to a readjusted size of US$ 1098 million by 2031 with a CAGR of 36.2% during the forecast period 2025-2031.

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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.

The competitive landscape of the global Polyglycolide market is broadly studied in the report with large focus on recent developments, future plans of top players, and key growth strategies adopted by them. The analysts authoring the report have profiled almost every major player of the global Polyglycolide market and thrown light on their crucial business aspects such as production, areas of operation, and product portfolio. All companies analyzed in the report are studied on the basis of vital factors such as market share, market growth, company size, production volume, revenue, and earnings.

Key Players Mentioned in the Global Polyglycolide Market Research Report:

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

The report offers great insights into important segments of the global Polyglycolide market while concentrating on their CAGR, market size, market share, and future growth potential. The global Polyglycolide market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global Polyglycolide market.

Details of Polyglycolide Market Segmentation: -

Segment by Type:

Medical Grade Polyglycolide
Industrial Grade Polyglycolide

Segment by Application:

Oil and Gas
Medical Absorbable Materials
Packaging
Others

Research Methodology

This report has been compiled using latest primary and secondary research methodologies such as data triangulation, qualitative and quantitative analysis, and top-down and bottom-up approaches. The researchers also referred to reliable secondary sources for collecting important data and statistics. All the findings of the research study have been verified and revalidated with the help of authentic primary sources.

The researchers create a unique model and customize it for each research study. Their market forecasts are based on the industry-best combination of domain expertise, industry knowledge and experience, technological analysis, and economic tools. Technological market models are generally adopted for long-term market forecasting, whereas econometric models are adopted for short-term forecasting. The researchers were provided with advanced analysis tools at the time of the preparation of the report.

Report Objectives

(1) To carefully analyze and estimate the size of the global Polyglycolide market

(2) To clearly segment the global Polyglycolide market and estimate the market size of the segments

(3) To provide details about key strategies adopted by leading players of the global Polyglycolide market

(4) To help readers understand current and future market scenarios

(5) To provide information about latest trends of the global Polyglycolide market and its key segments

(6) To assess the contribution of each region or country to the global Polyglycolide market

(7) To provide information on important drivers, restraints, and opportunities of the global Polyglycolide market

(8) To accurately calculate the market shares of key segments, regions, and companies in the global Polyglycolide market

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Table of Content

"1 Market Overview
1.1 Polyglycolide Product Introduction
1.2 Global Polyglycolide Market Size Forecast
1.2.1 Global Polyglycolide Sales Value (2020-2031)
1.2.2 Global Polyglycolide Sales Volume (2020-2031)
1.2.3 Global Polyglycolide Sales Price (2020-2031)
1.3 Polyglycolide Market Trends & Drivers
1.3.1 Polyglycolide Industry Trends
1.3.2 Polyglycolide Market Drivers & Opportunity
1.3.3 Polyglycolide Market Challenges
1.3.4 Polyglycolide Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Polyglycolide Players Revenue Ranking (2024)
2.2 Global Polyglycolide Revenue by Company (2020-2025)
2.3 Global Polyglycolide Players Sales Volume Ranking (2024)
2.4 Global Polyglycolide Sales Volume by Company Players (2020-2025)
2.5 Global Polyglycolide Average Price by Company (2020-2025)
2.6 Key Manufacturers Polyglycolide Manufacturing Base and Headquarters
2.7 Key Manufacturers Polyglycolide Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Polyglycolide
2.9 Polyglycolide Market Competitive Analysis
2.9.1 Polyglycolide Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Polyglycolide Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Polyglycolide as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Medical Grade Polyglycolide
3.1.2 Industrial Grade Polyglycolide
3.2 Global Polyglycolide Sales Value by Type
3.2.1 Global Polyglycolide Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Polyglycolide Sales Value, by Type (2020-2031)
3.2.3 Global Polyglycolide Sales Value, by Type (%) (2020-2031)
3.3 Global Polyglycolide Sales Volume by Type
3.3.1 Global Polyglycolide Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Polyglycolide Sales Volume, by Type (2020-2031)
3.3.3 Global Polyglycolide Sales Volume, by Type (%) (2020-2031)
3.4 Global Polyglycolide Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Oil and Gas
4.1.2 Medical Absorbable Materials
4.1.3 Packaging
4.1.4 Others
4.2 Global Polyglycolide Sales Value by Application
4.2.1 Global Polyglycolide Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Polyglycolide Sales Value, by Application (2020-2031)
4.2.3 Global Polyglycolide Sales Value, by Application (%) (2020-2031)
4.3 Global Polyglycolide Sales Volume by Application
4.3.1 Global Polyglycolide Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Polyglycolide Sales Volume, by Application (2020-2031)
4.3.3 Global Polyglycolide Sales Volume, by Application (%) (2020-2031)
4.4 Global Polyglycolide Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Polyglycolide Sales Value by Region
5.1.1 Global Polyglycolide Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Polyglycolide Sales Value by Region (2020-2025)
5.1.3 Global Polyglycolide Sales Value by Region (2026-2031)
5.1.4 Global Polyglycolide Sales Value by Region (%), (2020-2031)
5.2 Global Polyglycolide Sales Volume by Region
5.2.1 Global Polyglycolide Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Polyglycolide Sales Volume by Region (2020-2025)
5.2.3 Global Polyglycolide Sales Volume by Region (2026-2031)
5.2.4 Global Polyglycolide Sales Volume by Region (%), (2020-2031)
5.3 Global Polyglycolide Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Polyglycolide Sales Value, 2020-2031
5.4.2 North America Polyglycolide Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Polyglycolide Sales Value, 2020-2031
5.5.2 Europe Polyglycolide Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Polyglycolide Sales Value, 2020-2031
5.6.2 Asia Pacific Polyglycolide Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Polyglycolide Sales Value, 2020-2031
5.7.2 South America Polyglycolide Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Polyglycolide Sales Value, 2020-2031
5.8.2 Middle East & Africa Polyglycolide Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Polyglycolide Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Polyglycolide Sales Value and Sales Volume
6.2.1 Key Countries/Regions Polyglycolide Sales Value, 2020-2031
6.2.2 Key Countries/Regions Polyglycolide Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Polyglycolide Sales Value, 2020-2031
6.3.2 United States Polyglycolide Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Polyglycolide Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Polyglycolide Sales Value, 2020-2031
6.4.2 Europe Polyglycolide Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Polyglycolide Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Polyglycolide Sales Value, 2020-2031
6.5.2 China Polyglycolide Sales Value by Type (%), 2024 VS 2031
6.5.3 China Polyglycolide Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Polyglycolide Sales Value, 2020-2031
6.6.2 Japan Polyglycolide Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Polyglycolide Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Polyglycolide Sales Value, 2020-2031
6.7.2 South Korea Polyglycolide Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Polyglycolide Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Polyglycolide Sales Value, 2020-2031
6.8.2 Southeast Asia Polyglycolide Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Polyglycolide Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Polyglycolide Sales Value, 2020-2031
6.9.2 India Polyglycolide Sales Value by Type (%), 2024 VS 2031
6.9.3 India Polyglycolide Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Kureha
7.1.1 Kureha Company Information
7.1.2 Kureha Introduction and Business Overview
7.1.3 Kureha Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Kureha Polyglycolide Product Offerings
7.1.5 Kureha Recent Development
7.2 Evonik
7.2.1 Evonik Company Information
7.2.2 Evonik Introduction and Business Overview
7.2.3 Evonik Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Evonik Polyglycolide Product Offerings
7.2.5 Evonik Recent Development
7.3 BMG
7.3.1 BMG Company Information
7.3.2 BMG Introduction and Business Overview
7.3.3 BMG Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 BMG Polyglycolide Product Offerings
7.3.5 BMG Recent Development
7.4 Corbion
7.4.1 Corbion Company Information
7.4.2 Corbion Introduction and Business Overview
7.4.3 Corbion Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Corbion Polyglycolide Product Offerings
7.4.5 Corbion Recent Development
7.5 Teleflex
7.5.1 Teleflex Company Information
7.5.2 Teleflex Introduction and Business Overview
7.5.3 Teleflex Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Teleflex Polyglycolide Product Offerings
7.5.5 Teleflex Recent Development
7.6 Samyang Biopharm
7.6.1 Samyang Biopharm Company Information
7.6.2 Samyang Biopharm Introduction and Business Overview
7.6.3 Samyang Biopharm Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Samyang Biopharm Polyglycolide Product Offerings
7.6.5 Samyang Biopharm Recent Development
7.7 Meta Biomed
7.7.1 Meta Biomed Company Information
7.7.2 Meta Biomed Introduction and Business Overview
7.7.3 Meta Biomed Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Meta Biomed Polyglycolide Product Offerings
7.7.5 Meta Biomed Recent Development
7.8 Danhua Technology
7.8.1 Danhua Technology Company Information
7.8.2 Danhua Technology Introduction and Business Overview
7.8.3 Danhua Technology Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Danhua Technology Polyglycolide Product Offerings
7.8.5 Danhua Technology Recent Development
7.9 Huizhou Foryou Medical
7.9.1 Huizhou Foryou Medical Company Information
7.9.2 Huizhou Foryou Medical Introduction and Business Overview
7.9.3 Huizhou Foryou Medical Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Huizhou Foryou Medical Polyglycolide Product Offerings
7.9.5 Huizhou Foryou Medical Recent Development
7.10 Shanghai Pujing Chemical
7.10.1 Shanghai Pujing Chemical Company Information
7.10.2 Shanghai Pujing Chemical Introduction and Business Overview
7.10.3 Shanghai Pujing Chemical Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Shanghai Pujing Chemical Polyglycolide Product Offerings
7.10.5 Shanghai Pujing Chemical Recent Development
7.11 Shenzhen Polymtek Biomaterial
7.11.1 Shenzhen Polymtek Biomaterial Company Information
7.11.2 Shenzhen Polymtek Biomaterial Introduction and Business Overview
7.11.3 Shenzhen Polymtek Biomaterial Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Shenzhen Polymtek Biomaterial Polyglycolide Product Offerings
7.11.5 Shenzhen Polymtek Biomaterial Recent Development
7.12 eSUNMed
7.12.1 eSUNMed Company Information
7.12.2 eSUNMed Introduction and Business Overview
7.12.3 eSUNMed Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 eSUNMed Polyglycolide Product Offerings
7.12.5 eSUNMed Recent Development
7.13 Suzhou Qihang
7.13.1 Suzhou Qihang Company Information
7.13.2 Suzhou Qihang Introduction and Business Overview
7.13.3 Suzhou Qihang Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Suzhou Qihang Polyglycolide Product Offerings
7.13.5 Suzhou Qihang Recent Development
7.14 CHN Energy Yulin Chemical
7.14.1 CHN Energy Yulin Chemical Company Information
7.14.2 CHN Energy Yulin Chemical Introduction and Business Overview
7.14.3 CHN Energy Yulin Chemical Polyglycolide Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 CHN Energy Yulin Chemical Polyglycolide Product Offerings
7.14.5 CHN Energy Yulin Chemical Recent Development
8 Industry Chain Analysis
8.1 Polyglycolide Industrial Chain
8.2 Polyglycolide Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Polyglycolide Sales Model
8.5.2 Sales Channel
8.5.3 Polyglycolide Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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