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
Global Polyglycolic Acid Market to Exhibit CAGR of 10.1%
2015-2023 : TMR
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Polyglycolic Acid Market
REPORT DESCRIPTION
Polyglycolic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 2023
The report is titled “Polyglycolic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023.” The report provides fruitful insights into the polyglycolic acid market’s structure, market
projections, and the competitive landscape of the market. It offers data for the forecast period based on volume
and revenue of the global polyglycolic acid market.
Browse the full Polyglycolic Acid Market for Medical, Packaging, Shale Gas Extraction, and Other
Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 report
at : http://www.transparencymarketresearch.com/polyglycolic-acid-market.html
Transparency Market Research (TMR) has announced the publication of a new market study based on the
polyglycolic acid market. According to the study, the market for polyglycolic acid, which was valued at
US$181.7 mn in 2014, is anticipated to expand to a valuation of US$424.5 mn in 2023, growing at a robust
CAGR of 10.1% between 2015 and 2023. The polyglycolic acid market’s growth can be attributed to the
growing demand for absorbable sutures, while the biggest challenge the market faces is the high price of
polyglycolic acid, coupled with lack of awareness among consumers. The report focuses on the industry trends
and key market forces that are benefitting the growth of the market and also the factors that restrain its growth.
Polyglycolic acid (PGA) is used in the manufacturing of absorbable sutures for surgical and medical
applications due to its gas barrier properties and high tensile strength. These properties, along with its
biodegradability, also make it useful for packaging and extraction of shale gas, which are newly emerging
applications of polyglycolic acid, thus driving the global market for polyglycolic acid.
The report segments the polyglycolic acid market based on application and region. The regional segmentation
includes statistical data for Latin America, Asia Pacific, Europe, North America, and MENA. Each region has
been further segmented into major countries, thus providing a demand analysis and forecast for individual
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national markets. According to TMR analysts, the largest share in the global polyglycolic acid market in 2014
was held by North America, led by the U.S., the consumption of polyglycolic acid in which accounted for above
70% of the total demand from the polyglycolic acid market in 2014.
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The polyglycolic acid market is segmented by application mainly into medical, shale gas extraction, and
packaging. Its other applications comprise civil engineering resins, agriculture, and filters. Out of these
applications, the packaging and shale gas extraction segment accounted for a major share of 35% in 2014 in
the polyglycolic acid market. The medical applications segment led the market in emerging economies around
the world.
The report studies the opportunities the polyglycolic acid market can take advantage of, for instance, a shift in
the preference for plastic packaging for beverages. Major players that have been analyzed in the report
include: LLC, Kureha PGA, E. I. du Pont de Nemours and Company, Teleflex, Inc., and Huizhou Foryou
Medical Devices Co., Ltd.
The report segments the polyglycolic acid market as follows:
Application
•
Medical
•
Packaging
•
Shale Gas Extraction
•
Others (Including Agriculture, Civil Engineering Resins, and Filters)
Polyglycolic Acid Market - Regional Analysis
North America
•
U.S.
•
Rest of North America
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Europe
•
Germany
•
U.K.
•
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
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Research Description
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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
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
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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
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)
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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
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)
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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)
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)
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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
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)
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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)
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.
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7.4 Teleflex, Inc.
Chapter 8 Primary Findings
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The report is titled “Polyglycolic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” The report provides fruitful insights into the polyglycolic acid market’s structure, market projections, and the competitive landscape of the market. It offers data for the forecast period based on volume and revenue of the global polyglycolic acid market. Browse The Full Polyglycolic Acid Market Report At : http://www.transparencymarketresearch.com/polyglycolic-acid-market.html