Polyglycolic Acid Market Size & Share, by Form (Fibers, Films); End User (Medical, Oil & Gas, Packaging, Agriculture) – Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

Buy Now Report ID: 4958 | Published Date: May 24, 2023

Global Polyglycolic Acid Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Polyglycolic Acid Market size was USD 4 Billion in 2022 and is estimated to reach USD 9 Billion by the end of 2035, growing at a CAGR of 10% between 2023 and 2035. The market growth is due to rising awareness of sustainable packaging materials. 67% of consumers in the world believe it is critical that the products they purchase come in recyclable packaging. PGA can be used to produce compostable bags and pouches and it can be a great alternative to traditional plastic bags.

Furthermore, the growing popularity of 3D printing is also augmenting the polyglycolic acid market demand. Polyglycolic acid is used as a filament material in fused deposition modeling (FDM), a most popular 3D printing technique. Moreover, in comparison to other polymers polylactic acid (PLA) in 3d printing, polyglycolic acid is found to be more brittle.

/admin/upload_images/Polyglycolic Acid Market-min.webp
Get more information on this report: Request Free Sample PDF

Polyglycolic Acid Market: Key Insights


Base Year


Forecast Year



~ 10%

Base Year Market Size (2022)

~ USD 4 Billion

Forecast Year Market Size (2035)

~ USD 9 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Global Polyglycolic Acid Sector: Growth Drivers and Challenges


Growth Drivers

  • Growing Demand for PGA Sutures – Polyglycolic acid sutures are synthetic surgical sutures and have high great absorbent power. Moreover, they are much better than collagen-absorbable sutures and have greater flexibility and strength, and have a lower reaction with open tissues.
  • Rising Expansion of the Oil & Gas Industry – During the well-stimulation operation, polyglycolic acid is used as a component in fracturing fluids. It reduced the amount of pressure to the required levels that are used to inject fluid into the oil well.
  • Increasing Consumption of Packaged Bottles – Globally humans use over 1 million plastic bottles every minute. PGA is a high-quality polyester resin; they are usually combined with polyethylene terephthalate (PET) to produce high-quality with great performance films and bottles. It increases the shelf life which makes the process of distribution and supply of liquids more efficient.


  • High Cost of Production will Hamper the Polyglycolic Acid Market Growth – So far, there are no manufacturing techniques available in the market, that can make the production of polyglycolic acid cost-effective. Therefore, the large-scale production of polyglycolic acid becomes unfeasible and it directly affects the scalability of the industry. Moreover, PGA is produced by the process of ring-opening polymerization, which requires carefully controlled temperature, pressure, and catalyst concentration, which further makes the scaling even more challenging.
  • Low awareness of its benefits
  • High rate of degradation

Polyglycolic Acid Segmentation

  • End User (Medical, Oil & Gas, Packaging, Agriculture)

The medical end-user segment is expected to acquire around 40% polyglycolic acid market share in the year 2035. Rising cases of road accidents are significantly the demand for medical sutures. Every year, around 1.3 million people lose their lives due to a traffic accident.

Poly glycolic acid sutures are a biodegradable polymer that makes it safe for securing the open wound, and it eliminates the need for suture removal by getting dissolved in the body over the period. Other than this, PGA is also used in the medical sector in developing drug delivery systems, especially for sustained drug release.

  • Form (Fibers, Films)

Fibers form segment is set to gain the largest market share of about 60% till 2035. The fiber form of PGA has great mechanical properties, such as high retardancy to abrasion, tensile strength, and modulus.

The growth of the segment is supported by its high utilization in various industries, such as textiles, geotextiles, medical sutures, composites, and others. Apart from this, polyglycolic acid fibers can be combined with other materials to create great composite materials for automotive, aerospace, and sports equipment.

Our in-depth analysis of the polyglycolic acid market includes the following segments:


  • Fibers
  • Films

     End User

  • Medical
  • Oil & Gas
  • Packaging
  • Agriculture

Polyglycolic Acid Industry - Regional Synopsis


North American Market Statistics

The polyglycolic acid market in North America is projected to dominate with a revenue share of about 37% by 2035. Growing cases of cardiac surgery and other surgeries are increasing the need for sutures and better drug delivery systems which in turn is likely to drive the market growth. Every year, around 500,000 open heart operations are conducted in the United States. In cardiac surgery, the sutures need to be dissolved themselves after the surgery for this purpose the polyglycolic acid sutures become increasingly important.

APAC Market Forecast

Asia Pacific polyglycolic acid market will be the second largest, gaining a share of nearly 26% by the end of 2035. Rising exploration operations and increased development of sedimentary rock gas extraction, such as shale gas. In 2021, around 23 million cubic meters of shale gas were produced in China, an increase of around 21% year on year since 2017. Polyglycolic acid is used in the formation of fracture plugs that are placed in the wellbore to isolate different shales and enable gas pipeline infrastructure for uninterrupted gas extraction.

/admin/upload_images/Polyglycolic Acid Market Size-min.webp
Get more information on this report: Request Free Sample PDF

Companies Dominating the Global Polyglycolic Acid Landscape

    • Kureha Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Corbion NV
    • Shenzhen Polymtek Biomaterial Co. Ltd.
    • BMG Incorporated
    • HuizhoForyou Medical Devices Co., Ltd.
    • Teleflex Incorporated
    • Du Pont de Nemours, Inc.
    • Foster Group, Inc.
    • Samyang Holdings Biopharma Group
    • Ethicon Inc.


In The News

  • Ethicon Inc. part of Johnson & Johnson Medical Devices Company announced the approval from NICE Medical Technologies guidance to become the first ever sutures with antibacterial protection that are suitable for application in National Health Service.
  • Teleflex Incorporated came in agreement with W.L. Gore & Associates, Inc. to employ Gore's GORE SEAMGUARD Bioabsorbable Staple Line Reinforcement material in a Teleflex-designed staple line reinforcement device for use with the Titan SGS® Powered Stapling Device.


Global Economic Impact

Request Insights
Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Author Credits:  Smruti Ranjan, Rajrani Baghel

Key Questions Answered in the Report

1) What are the major factors driving the growth of the polyglycolic acid market?

Ans: Increasing demand for sustainable packaging, 3d printing, and medical sutures are the major factors driving the market growth.

2) What would be the CAGR of polyglycolic acid market over the forecast period?

Ans: The market size of polyglycolic acid is anticipated to attain a CAGR of ~10% over the forecast period, i.e., 2023 – 2035.

3) What are the challenges affecting the polyglycolic acid market growth?

Ans: High cost of production and unawareness regarding its benefits are estimated to be the growth hindering factors for the market expansion.

4) Which region will provide more business opportunities for growth of polyglycolic acid market in future?

Ans: The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

5) Who are the major players dominating the polyglycolic acid market?

Ans: The major players in the market are Corbion NV, Shenzhen Polymtek Biomaterial Co. Ltd., BMG Incorporated, HuizhoForyou Medical Devices Co., Ltd., Teleflex Incorporated, Du Pont de Nemours, Inc., Foster Group, Inc., Samyang Holdings Biopharma Group, Ethicon Inc., and Kureha Corporation

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the polyglycolic acid market?

Ans: The market is segmented by form, end user, and by region.

8) Which segment captures the largest market size in the end user segment in the polyglycolic acid market?

Ans: The medical segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Let Us Hear About Your Requirements:

Submit Your Request For Proposal (RFP)

 Request Free Sample Copy