Polyglycolic Acid Market Set to Soar: Innovations and Growth Trends Reshape Global Industry by 2032 | Top key players - Kureha Corporation, BMG Incorporated, Teleflex Incorporated, Merck KGaA.

Market Overview:

The Polyglycolic Acid Market is estimated to reach at a CAGR 9.5% during the forecast period (2024-2031). According to DataM Intelligence Report.

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The Polyglycolic Acid (PGA) Market encompasses the production, distribution, and application of biodegradable, high-strength polymer widely used in medical sutures, tissue engineering, drug delivery systems, and packaging materials. Driven by rising demand for sustainable and bioresorbable products, technological advancements, and expanding healthcare and industrial applications, the market is experiencing steady growth globally, with increasing adoption across pharmaceuticals, biomedical, and industrial sectors.

United States: Recent Developments of Polyglycolic Acid Market

✅ September 2025: Research institutions accelerated pilot programs for bio-derived polymers, including polyglycolic acid variants from agricultural waste, to enhance sustainable production methods.​

✅ October 2025: FDA cleared new PGLA90 poly(glycolide-co-L-lactide) surgical sutures incorporating polyglycolic acid for improved absorbable medical applications.​

✅ November 2025: U.S. polyglycolic acid market valued at USD 2.13 billion, driven by rising demand in medical sutures, tissue engineering, and biodegradable frac plugs in oil and gas.

Europe: Recent Developments of Polyglycolic Acid Market

✅ September 2025: EU microplastics restriction set first compliance deadline on October 17, boosting interest in biodegradable alternatives like polyglycolic acid for industrial uses.​

✅ October 2025: Stringent environmental regulations advanced polyglycolic acid adoption in surgical sutures, implants, and sustainable packaging amid circular economy initiatives.​

✅ November 2025: European polyglycolic acid market valued at 10.63 billion, propelled by medical device innovations and policy support for eco-friendly polymers.​

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Major Players:

Key companies in the Polyglycolic Acid market include:

Kureha Corporation
Corbion
Shenzhen Polymtek Biomaterial Co, Ltd.
BMG Incorporated
Huizhou Foryou Medical Devices Co., Ltd.
Teleflex Incorporated
Unilene
The Chemours Company
Merck KGaA
Boen Healthcare Co., Ltd.

Market Growth Drivers:

✅ Rising demand in medical applications, such as surgical sutures, tissue engineering, and drug delivery systems, due to polyglycolic acid's biodegradability and biocompatibility.

✅ Expansion in the oil and gas sector for degradable tools like frac plugs and balls, which reduce operational costs and environmental impact through hydrolytic degradation.

✅ Increasing need for sustainable packaging solutions amid environmental regulations and consumer preferences for eco-friendly, biodegradable materials over traditional plastics.

Segments Covered in the Polyglycolic Acid Market:

By Form: Fiber, Film, Others.

By Application: Medical, Oil & Gas, Packaging, Others.

Regional Analysis for Polyglycolic Acid Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Polyglycolic Acid market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Polyglycolic Acid Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Polyglycolic Acid market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Polyglycolic Acid Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Polyglycolic Acid market?

➠ Who are the global key manufacturers of the Polyglycolic Acid Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Polyglycolic Acid market opportunities and threats faced by the vendors in the global Polyglycolic Acid Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Polyglycolic Acid market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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