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

Polyglycolic Acid Industry for Medical, Packaging, Shale Gas Extraction, and Other Applications: Forecasts to 2023

  • October 2015
  • 98 pages
  • ID: 3411225
In this report:
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.


Table of Contents

This business report analyzes and expects the polyglycolic acid market on the worldwide and local level. The analysis offers historic data of 2014 along with forecast between 2015 and 2023 established on quantity and revenue. The industry in North America continent and EU has been forecast in terms of revenue and volume. All other regions have been forecast in terms of kilo grams and US$ thousand.

The research offers a conclusive view of the polyglycolic acid market by segmenting it established on applications and regional demand. Application segments have been examined based on current trends and future potential. Regional segmentation contains the current and estimated demand for North America (NA), Europe (EU), Asia-Pac, Latin America area, and Middle East (ME) & African continent. These have been farther sub-segmented into countries and areas by relevance to the market. The segmentation also comprises demand for individual applications in all regions.

The report contains the drivers and restraints governing dynamics of the business along with their effect on demand during the outlook period. On top of, the industry report includes plausible opportunities in the polyglycolic acid market on the worldwide and local level.

We have included a exhaustive value chain analysis to offer a exhaustive view of the polyglycolic acid market. Analysis of Porter's Five Forces Model has also been included to help understand the challenging landscape in the sector. The market research covers Analysis of market appeal, wherein applications have been benchmarked based on their market size, rate of growth, and general interest for future growth.

The industry has been estimated based on constant currency rates. Prices of polyglycolic acid vary in each area and are a result of the demand-supply scenario of the territory. 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 overall basis. Regional average price has been considered while breaking down the sector by application segments in each area.

The study offers the size of the polyglycolic acid market for 2014 and estimate for the upcoming nine years up to 2023. Size of the overall polyglycolic acid market has been specified in terms of both volume and revenue. Market volume has been defined in tons and kilo grams, while market income for territories is in US$ Mn and US$ thousand. The market value and estimate for each product segment has been specified in the context of overall and regional markets. Numbers given in this report are derived based on demand generated from distinct applications and types of raw materials. Market dynamics recurrent in North America and EU have been taken into account for estimating the increase of the global market

Market estimates for this report have been based on quantity, with revenue being derived through regional pricing trends. Demand for polyglycolic acid has been derived by analyzing the overall and regional trends pertaining to demand from main applications in all regions and territories. Propensity to adapt to additional technologies has been accounted for while estimating demand for polyglycolic acid in individual regions. The overall polyglycolic acid market has been analyzed based on expected demand. Market data for each division is based on quantity 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 established on manufacturer feedback and application requirement. Country segmentations of Europe, Asia Pacific (APAC), Latin America area, and the Middle East (ME) & African continent have been depicted in kilo grams and US$ thousand due to limited size of the market. The market scenario in North America continent and Europe (EU) has been forecast in tons and US$ Mn. We have used the bottom-up approach to estimate the overall polyglycolic acid market, split by localities. The application split of the market has been derived using the top-down approach for each regional market separately with the overall product segment split being an integration of regional estimates. Kureha Corporation is the sole commercial-scale manufacturer of PGA in the globe; hence, overall demand is a function of marketability of PGA products from Kureha Corporation. A conservative approach has been adopted in this analysis to estimate demand for PGA in light of the information available pertaining to Kureha Corporation's scale of operations. Firms were considered for the market share analysis established 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 analysis includes a in-depth ambitious outlook that contains segment market share and company profiles of top players operating in the overall market. Main actors described in this study include Kureha PGA, LLC, E. I. du Pont de Nemours and Organization, Huizhou Foryou Medical Devices Co., Limited, and Teleflex, Inc. Company profiles contain attributes including company overview, brand overview, financial review, strategic management, and new/main developments.

North America (NA)


Rest of North America (NA)

Europe (EU)

Germany (DE)

United Kingdom (UK)

France (FR)

Italy (IT)

Spain (ES)

Rest of europe (EU)


China (CN)

Japan (JP)

Association of southeast asian nations (asean)

Rest of Asia-Pac

Latin America

Brazil (BR)

Rest of LATAM

African region & Middle East

Gulf cooperation council (gcc)

South africa (SA)

Rest of middle east and African regions (MEA)

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