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Polyglycolic Acid Market - Global Industry Analysis and Forecast 2015 – 2023

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Transparency Market Research has published a new report titled “Polyglycolic Acid Market for Medical, Packaging, Shale Gas Extraction, and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015–2023.” According
Transparency Market
Research
Polyglycolic Acid Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
Published Date
30-Oct-2015
98 Page Report
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Press Release
Polyglycolic Acid Market will Constitute US$424.5 mn Opportunity
Globally by 2023 : TMR
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90, State Street, Suite 700.
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United States
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Polyglycolic Acid Market
REPORT DESCRIPTION
Polyglycolic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 2023
Transparency Market Research has published a new report titled “Polyglycolic Acid Market for Medical,
Packaging, Shale Gas Extraction, and Other Applications – Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2015–2023.” According to the report, the global polyglycolic acid market was
valued at US$ 181.7 Mn in 2014 and is estimated to reach US$ 424.5 Mn in 2023, expanding at a CAGR of
10.1% between 2015 and 2023.
Browse Research Report : http://www.transparencymarketresearch.com/polyglycolic-acid-market.html
Polyglycolic acid (PGA) is a fine chemical derived from glycolic acid. Earlier, global demand for PGA was
limited to its application as absorbable medical sutures used for internal surgeries. Kureha Corporation, a
Japan-based chemical manufacturing company, introduced its commercial application as packaging material
and in shale gas and oil field extraction.
The polyglycolic market is highly region specific; it exhibits distinct demand dynamics in different locations.
North America holds the largest share of the global polyglycolic acid market in terms of production as well as
demand. Kureha PGA, LLC is the only commercial scale producer of glycolic acid, which is used in packaging
and shale gas extraction applications. Kureha PGA, LLC is a subsidiary of Japan based Kureha Corporation.
The company procures raw material (glycolic acid) from E. I. du Pont de Nemours and Company and produces
polyglycolic acid. In terms of demand, North America accounted for over 70% share of the global market in
2014. Europe followed North America and Asia Pacific in 2014. In terms of demand, the polyglycolic acid
market in North America is likely to exhibit the fastest growth rate during the forecast period. This is primarily
ascribed to the commercial extraction of shale gas in the region, which accounts for the major share of the
global shale gas market. However, the medical application dominates the PGA market in Europe, Asia Pacific,
and Latin America.
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Polyglycolic Acid Market
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Kureha Corporation dominates the global polyglycolic acid market. It is the only manufacturer of polyglycolic
acid that is used in packaging and shale gas extraction applications.
The report provides in-depth analysis of the polyglycolic acid market in terms of volume (tons and kilo grams)
and revenue (US$ Mn and US$ thousand). It includes current demand analysis and forecast for each
application segment at the global and regional level. Regions analyzed include North America, Europe, Asia
Pacific, Latin America (LATAM), and Middle East & Africa (MEA). Each region has been further sub-segmented
into major countries or areas.
Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/polyglycolic-acidmarket.htm
The Polyglycolic acid market has been segmented as follows:
Polyglycolic Acid Market - Application Analysis
•
Medical
•
Packaging
•
Shale Gas Extraction
•
Others (Including Agriculture, Civil Engineering Resins, and Filters)
Polyglycolic Acid Market – Regional Analysis
North America
•
US.
•
Rest of North America
Europe
•
Germany
•
UK.
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Polyglycolic Acid Market
•
France
•
Italy
•
Spain
•
Rest of Europe
Asia Pacific
•
China
•
Japan
•
ASEAN
•
Rest of APAC
Latin America
•
Brazil
•
Rest of LATAM
Middle East & Africa
•
GCC
•
South Africa
•
Rest of MEA
TABLE OF CONTENT
Chapter 1 Preface
1.1 Research Description
1.2 Market Segmentation
1.2.1 Global Polyglycolic Acid Market Segmentation, by Application and Region
1.3 Research Scope
1.3.1 Assumptions
1.4 Research Methodology
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1.4.1 Abbreviations
Chapter 2 Executive Summary
2.1 Global Polyglycolic Acid Market, 2014–2023 (Kilo Tons) (US$ Mn)
Chapter 3 Polyglycolic Acid Market - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Growing Market for Absorbable Sutures Drives Market for PGA
3.3.1.1 Global Absorbable Sutures Market Revenue, 2014–2023 (USD Mn)
3.4 Restraints
3.4.1 High Price of PGA Coupled with Lack of Customer Awareness Restrains the Market
3.5 Opportunity
3.5.1 Shifting Preference Toward Plastic Packaging of Beverages Presents Lucrative Growth Opportunity
for Polyglycolic Acid Market
3.5.2 Shale Gas and Oil Extraction is Expected to Provide Impetus to the PGA Market in the Medium Term
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
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3.6.5 Degree of Competition
3.7 Global Polyglycolic Acid Market - Attractiveness Analysis
3.7.1 Global Polyglycolic Acid Market - Attractiveness Analysis, 2014
3.8 Global Polyglycolic Acid Market - Company Market Share Analysis
3.8.1 Global Polyglycolic Acid Market: Company Market Share Analysis, 2014 (%)
Chapter 4 Polyglycolic Acid Market – Raw Material & Price Analysis
4.1 Raw Material Analysis: Manufacturing Process
4.2 Raw Material Price Trends
Chapter 5 Polyglycolic Acid Market – Application Analysis
5.1 Polyglycolic Acid Market: Application Overview
5.1.1 Global Polyglycolic Acid Market Volume Share, by Application, 2014 and 2023
5.2 Medical Applications
5.2.1 Global Demand for Polyglycolic Acid in Medical Applications, 2014–2023 (Tons) (US$ Mn)
5.3 Packaging
5.3.1 Global Demand for Polyglycolic Acid in Packaging, 2014–2023 (Tons) (US$ Mn)
5.4 Shale Gas Extraction
5.4.1 Global Demand for Polyglycolic Acid in Shale Gas Extraction, 2014–2023 (Tons) (US$ Mn)
5.5 Others
5.5.1 Global Demand for Polyglycolic Acid in Other Applications, 2014–2023 (Tons) (US$ Mn)
Chapter 6 Polyglycolic Acid Market - Regional Analysis
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6.1 Global Polyglycolic Acid Market: Regional Overview
6.1.1 Global Polyglycolic Acid Market Volume Share, by Region, 2014 and 2023
6.2 North America
6.2.1 North America Polyglycolic Acid Market Volume, by Application, 2014–2023 (Tons)
6.2.2 North America Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Mn)
6.2.3 U.S.
6.2.3.1 U.S. Polyglycolic Acid Market Volume, by Application, 2014–2023 (Tons)
6.2.3.2 U.S. Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Mn)
6.2.4 Rest of North America
6.2.4.1 Rest of North America Polyglycolic Acid Market Volume, by Application, 2014–2023 (Tons)
6.2.4.2 Rest of North America Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$
Mn)
6.3 Europe
6.3.1 Europe Polyglycolic Acid Market Volume, by Application, 2014–2023 (Tons)
6.3.2 Europe Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Mn)
6.3.3 Germany
6.3.3.1 Germany Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.3.3.2 Germany Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.3.4 U.K.
6.3.4.1 U.K. Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
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6.3.4.2 U.K. Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.3.5 France
6.3.5.1 France Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.3.5.2 France Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.3.6 Spain
6.3.6.1 Spain Polyglycolic Acid Market, Volume by Application, 2014–2023 (Kilo Grams)
6.3.6.2 Spain Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.3.7 Italy
6.3.7.1 Italy Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.3.7.2 Italy Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.3.8 Rest of Europe
6.3.8.1 Rest of Europe Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.3.8.2 Rest of Europe Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.4 Asia Pacific
6.4.1 Asia Pacific Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.4.2 Asia Pacific Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.4.3 China
6.4.3.1 China Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.4.3.2 China Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.4.4 Japan
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6.4.4.1 Japan Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.4.4.2 Japan Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.4.5 ASEAN
6.4.5.1 ASEAN Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.4.5.2 ASEAN Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.4.6 Rest of Asia Pacific
6.4.6.1 Rest of Asia Pacific Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.4.6.2 Rest of Asia Pacific Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$
Thousand)
6.5 MEA
6.5.1 MEA Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.5.2 MEA Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.5.3 GCC
6.5.3.1 GCC Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.5.3.2 GCC Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.5.4 South Africa
6.5.4.1 South Africa Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.5.4.2 South Africa Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.5.5 Rest of MEA
6.5.5.1 Rest of MEA Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
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6.5.5.2 Rest of MEA Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.6 Latin America
6.6.1 Latin America Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.6.2 Latin America Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.6.3 Brazil
6.6.3.1 Brazil Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo Grams)
6.6.3.2 Brazil Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$ Thousand)
6.6.4 Rest of Latin America
6.6.4.1 Rest of Latin America Polyglycolic Acid Market Volume, by Application, 2014–2023 (Kilo
Grams)
6.6.4.2 Rest of Latin America Polyglycolic Acid Market Revenue, by Application, 2014–2023 (US$
Thousand)
Chapter 7 Company Profiles
7.1 Kureha PGA LLC
7.2 Huizhou Foryou Medical Devices Co., Ltd.
7.3 EI Du Pont De Nemours & Co.
7.4 Teleflex, Inc.
Chapter 8 Primary Findings
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