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  5. > Polyglycolic Acid Market for Medical, Packaging, Shale Gas Extraction, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

This report analyzes and forecasts the polyglycolic acid market on the global and regional level. The study provides historic data of 2014 along with forecast between 2015 and 2023 based on volume and revenue. The market in North America and Europe has been forecast in terms of volume (tons) and revenue (US$ Mn). All other regions have been forecast in terms of kilo grams (volume) and US$ thousand (revenue).
The study provides a decisive view of the polyglycolic acid market by segmenting it based on applications and regional demand. Application segments have been analyzed based on current trends and future potential. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. These have been further sub-segmented into countries and areas by relevance to the market. The segmentation also includes demand for individual applications in all regions.
The study covers the drivers and restraints governing dynamics of the market along with their impact on demand during the forecast period. Additionally, the report includes potential opportunities in the polyglycolic acid market on the global and regional level.
We have included a detailed value chain analysis to provide a comprehensive view of the polyglycolic acid market. Analysis of Porter’s Five Forces Model has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications have been benchmarked based on their market size, growth rate, and general attractiveness for future growth.
The market has been forecast based on constant currency rates. Prices of polyglycolic acid vary in each region and are a result of the demand-supply scenario of the region. Hence, a similar volume-to-revenue ratio does not follow for each individual region. Individual pricing of polyglycolic acid for each application has been taken into account while estimating and forecasting market revenue on the global basis. Regional average price has been considered while breaking down the market by application segments in each region.
The report provides the size of the polyglycolic acid market for 2014 and forecast for the next nine years up to 2023. Size of the global polyglycolic acid market has been provided in terms of both volume and revenue. Market volume has been defined in tons and kilo grams, while market revenue for regions is in US$ Mn and US$ thousand. The market size and forecast for each product segment has been provided in the context of global and regional markets. Numbers provided in this report are derived based on demand generated from different applications and types of raw materials. Market dynamics prevalent in North America and Europe have been taken into account for estimating the growth of the global market
Market estimates for this study have been based on volume, with revenue being derived through regional pricing trends. Demand for polyglycolic acid has been derived by analyzing the global and regional trends pertaining to demand from major applications in all regions and countries. Propensity to adapt to new technologies has been accounted for while estimating demand for polyglycolic acid in individual regions. The global polyglycolic acid market has been analyzed based on expected demand. Market data for each segment is based on volume and corresponding revenue. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from regional suppliers, distributors, and direct selling regional producers based on manufacturer feedback and application requirement. Country segmentations of Europe, Asia Pacific, Latin America, and the Middle East & Africa have been depicted in kilo grams and US$ thousand due to limited size of the market. The market scenario in North America and Europe has been forecast in tons and US$ Mn. We have used the bottom-up approach to estimate the global polyglycolic acid market, split by regions. The application split of the market has been derived using the top-down approach for each regional market separately with the global product segment split being an integration of regional estimates. Kureha Corporation is the sole commercial-scale manufacturer of PGA in the world; hence, global demand is a function of marketability of PGA products from Kureha Corporation. A conservative approach has been adopted in this study to estimate demand for PGA in light of the information available pertaining to Kureha Corporation's scale of operations. Companies were considered for the market share analysis based on their product portfolio, revenue, and manufacturing capacity. The polyglycolic acid market for medical applications is unorganized; few companies manufacture PGA in limited quantities.
The report covers a detailed competitive outlook that includes market share and company profiles of key players operating in the global market. Key players profiled in the report include Kureha PGA, LLC, E. I. du Pont de Nemours and Company, Huizhou Foryou Medical Devices Co., Ltd., and Teleflex, Inc. Company profiles include attributes such as company overview, brand overview, financial overview (in terms of financial year), business strategies, and recent/key developments.
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
U.S.
Rest of North America
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

Table Of Contents

Polyglycolic Acid Market for Medical, Packaging, Shale Gas Extraction, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
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
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
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 and 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
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)
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
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)
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 and Co.
7.4 Teleflex, Inc.
Chapter 8 Primary Findings
List of Figures
FIG. 1 Global Polyglycolic Acid Market Segmentation
FIG. 2 Global Polyglycolic Acid Market, 2014-2023 (Kilo Tons) (US$ Mn)
FIG. 3 Value Chain Analysis: Polyglycolic Acid Market
FIG. 4 Global Absorbable Sutures Market Revenue, 2014-2023 (US$ Mn)
FIG. 5 Global Demand for PET Beer Bottle, 2014-2023 (Billion Units)
FIG. 6 Porter's Five Forces Analysis
FIG. 7 Global Polyglycolic Acid Market - Attractiveness Analysis
FIG. 8 Global Polyglycolic Acid Market: Company Market Share Analysis, 2014 (%)
FIG. 9 Global Polyglycolic Acid Market Volume Share, by Application, 2014 and 2023
FIG. 10 Global Demand for Polyglycolic Acid in Medical Applications, 2014-2023 (Tons) (US$ Mn)
FIG. 11 Global Demand for Polyglycolic Acid in Packaging, 2014-2023 (Tons) (US$ Mn)
FIG. 12 Global Demand for Polyglycolic Acid in Shale Gas Extraction, 2014-2023 (Tons) (US$ Mn)
FIG. 13 Global Demand for Polyglycolic Acid in Other Applications, 2014-2023 (Tons) (US$ Mn)
FIG. 14 Global Polyglycolic Acid Market Volume Share, by Region, 2014 and 2023
List of Tables
TABLE 1 Global Polyglycolic Acid Market, Snapshot
TABLE 2 Drivers for Polyglycolic Acid Market - Impact Analysis
TABLE 3 Restraints for the Polyglycolic Acid Market - Impact Analysis
TABLE 4 Global Glycolic Price Trend
TABLE 5 Global Formaldehyde Price Trend
TABLE 6 North America Polyglycolic Acid Market Volume, by Application, 2014-2023 (Tons)
TABLE 7 North America Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Mn)
TABLE 8 U.S. Polyglycolic Acid Market Volume, by Application, 2014-2023 (Tons)
TABLE 9 U.S. Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Mn)
TABLE 10 Rest of North America Polyglycolic Acid Market Volume, by Application, 2014-2023 (Tons)
TABLE 11 Rest of North America Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Mn)
TABLE 12 Europe Polyglycolic Acid Market Volume, by Application, 2014-2023 (Tons)
TABLE 13 Europe Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Mn)
TABLE 14 Germany Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 15 Germany Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 16 U.K. Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 17 U.K. Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 18 France Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 19 France Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 20 Spain Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 21 Spain Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 22 Italy Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 23 Italy Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 24 Rest of Europe Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 25 Rest of Europe Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 26 Asia Pacific Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 27 Asia Pacific Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 28 China Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 29 China Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 30 Japan Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 31 Japan Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 32 ASEAN Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 33 ASEAN Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 34 Rest of Asia Pacific Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 35 Rest of Asia Pacific Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 36 MEA Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 37 MEA Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 38 GCC Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 39 GCC Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 40 South Africa Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 41 South Africa Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 42 Rest of MEA Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 43 Rest of MEA Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 44 Latin America Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 45 Latin America Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 46 Brazil Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 47 Brazil Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)
TABLE 48 Rest of Latin America Polyglycolic Acid Market Volume, by Application, 2014-2023 (Kilo Grams)
TABLE 49 Rest of Latin America Polyglycolic Acid Market Revenue, by Application, 2014-2023 (US$ Thousand)

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