Polyglycolic acid is a thermoplastic polymer, widely used to produce absorbable sutures owing to superior characteristics such as high tensile strength, tissue reactivity, and hydrolytic stability. Two manufacturing processes namely polycondensation and ring-opening polymerization of glycolide are used for producing low and high weight molecular products respectively.

Global Key Players and Competition Analysis

Some of the key players in the global polyglycolic acid market are Toray Industries, Inc (Japan), BASF SE (Germany), SK Chemicals (South Korea), Shenzhen Polymtek Biomaterial Co., Ltd (China), Teleflex Incorporated (U.S.), Huizhou Foryou Medical Devices Co., Ltd (China).

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5749

Segmentation Analysis

The Global Polyglycolic Acid Market has been segmented based on the application and region.

By the application, this market is segmented into bio-medical, packaging, and shale gas extraction.

Geographically, the market is divided into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Regional Analysis

Asia Pacific is expected to drive the demand for polyglycolic acid owing to its usage in biomedical application and packaging industry in developing economies such as India, China, Thailand, Taiwan, and Indonesia among others.

Market Scope

Polyglycolic acid is a biodegradable and thermoplastic polymer, widely used as a surgical suture material owing to tissue reactivity, high tensile strength, hydrolytic stability, and excellent knotting ability. It is obtained through two processes namely polycondensation of glycolic acid and ring-opening polymerization of glycolide.

Browse the market data and information spread across 140 pages with 24 data tables and 9 figures of the report “Polyglycolic Acid Market Research Report - Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/polyglycolic-acid-market-5749
Industry News

Rising disposable income and increasing health awareness among consumers are likely to fuel the demand for the product from the healthcare industry.

According to India Brand Equity Foundation, India’s healthcare industry is expected to reach USD 275 billion over the forecast period.