Polyglycolic Acid (PGA) Market Research Report - Global Forecast till 2030

Polyglycolic Acid (PGA) Market: Information by Form (Fiber, Film and others), Application (Medical, Oil & Gas Extraction, Packaging and others) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) - Forecast till 2030

ID: MRFR/CnM/4294-CR | August 2019 | Region: Global | 134 pages

Overview of the market


The Polyglycolic Acid (PGA) market has been delivering exceptional performance in the prevailing business landscape. It is expected that the market would register a CAGR of 10.45% by the year 2030 and it would reach USD 1,989,577.9.


Polyglycolic Acid is a thermoplastic and biodegradable plaster. PGA can be obtained by following two processes including glycolic acid’s polycondensation and glycolide’s ring opening polycondensation. It is commonly used as a surgical suture material because of its robust tensile strength, top-notch knotting capability, hydrolytic stability and tissue reactivity.


The demand of polyglycolic acid is rising due to the expanding application of frac balls and frac plugs in extraction processes involved in the oil and gas industry. PGA-based frac plugs are replacing metal plugs because they give rise to low operating costs. Its application is also increasing in the packaging industry and driving its upwards performance. The rapid urbanization and industrialization is likely to increase the need for energy which could further lead to the rise in polyglycolic acid market demand.


The market report captures the growth potential of the global PGA market till 2030. The thorough analysis of the market landscape including competitive intensity has been conducted by focusing on the impact of COVID-19 pandemic. The projections of the polyglycolic acid market demand are based on evaluation of core market dynamics including drivers, opportunities, threats and challenges.


COVID-19 Analysis


The COVID-19 outbreak has adversely affected the PGA market, just like any other sector and industry. The production activities came to a halt and the demand also declined because of the pandemic. But the market has been quick to adapt to the evolving situation.


In order to overcome the issue, the government and respective authorities proposed creative strategies so that the polyglycolic acid market growth would not be restricted. The key business participants and governments have adopted innovative measures and tactical strategies to support the market. Due to such an approach, the polyglycolic acid market share has been delivering consistent and solid performance and new kinds of opportunities are emerging in the market.  


Key market dynamics



  • Key market drivers


The polyglycolic acid market is influenced by a number of factors that shape its performance. One of the chief factors that act as a catalyst is the application of PGA in frac balls and frac plugs that are commonly used in the oil and gas industry. It is expected that after the relaxation of the COVID-19 guidelines, the demand could further expand in the industry.


Similarly, the use of PGA in the medical device industry as well as packaging industry contributes to the solid polyglycolic acid market share. As polyglycolic acid is used in some of the most important industries, its demand is most likely to increase in the future.



  • Market opportunities


The evaluation of polyglycolic acid market 2019 has revealed that it has been delivering consistent performance. In the prevailing times, there is further opportunity to exploit the rapid industrialization and urbanization of different nations which would increase the demand for energy resulting in the surge in PGA demand as well.


The increase in the number of market players has increased the competitive intensity. High competition could further contribute to the growth of the polyglycolic acid market size. It would also encourage the businesses to focus on innovation and creativity to boost the global market performance.



  • Threats and challenges in the market


A major threat that has affected the polyglycolic acid market trends recently is the COVID-19 pandemic. The market was in a slump in 2020 because of diminished demand due to the pandemic. The pandemic has taken the form of a major challenge for the industry and the key players operating in it.


In order to overcome the challenge, the market players have been focusing on implementing new and improved measures. Such a strategic approach would strengthen the stability of the market and its demand. 



  • Comprehensive market analysis


The integrated polyglycolic acid market analysis has shed light on its growth potential during the forecasted period. The key business players are likely to play a pivotal role to introduced new strategic approaches that would help the industry to stabilize and deliver solid performance globally.


In order to tackle the existing challenges and make the most of the available market opportunities, the key businesses in the market are proposing better strategies. In the future, these strategies would pave the path for the prosperity of the market and the expansion of the polyglycolic acid market size.


Value chain analysis


The market has been generating consistent and solid revenue in the past. The COVID-19 pandemic acted as a key barrier that affected its successful streak. But due to the adoption of new strategies, the demands are gradually growing and stabilizing the market. The market has been showing promising performance currently.


The application of polyglycolic acid in diverse industries such as oil and gas industry, medical equipment industry, etc plays a key role to influence its solid global performance. The consumption of PGA is predicted to increase which would influence its demand and performance at the global level.


Key market segments



  • By Form


The global PGA market can be segmented into film, fiber and others on the basis of form. The firm segment is expected to play a key role and influence the overall demand. In 2018, the fiber market accounted for about 82.8 % of the market share.


During the forecasted period, the demand for fiber is likely to be highest. The key factor that would contribute to high demand is the use of fiber to produce products that are used n the oils and gas industry and medical equipment industry.



  • By Application


PGA is used in diverse industries including medical, oil and gas industry, packaging and others. The use of the product at the industrial level would contribute to solidify the market performance.


The use of PGA in the medical industry in the year 2018 was USD 3,05,590.3 which contributed to its solid performance. The key application areas would mold the industrial performance during the forecasted period significantly.


Regional evaluation


The polyglycolic acid market has presence in diverse regions such as North America, Latin America, Europe Asia-Pacific, Middle East and Africa, and others. Unique factors exist in the regions and influence the market performance.


North America has been dominating the global PGA market performance. It accounted for the largest share of about 60.7 % in 2018. The comprehensive polyglycolic acid market overview indicates that it is likely to play a vital role during the forecasted period.


Competitive intensity in the market


The key players that operate in the industry are:



  • Kureha Corporation

  • Corbion N.V.

  • Shenzhen Polymtek Biomaterial Co., Ltd

  • BMG Incorporated

  • Huizhou Foryou Medical Devices Co., Ltd

  • Teleflex Inc


The players have been playing a key role and contributing to the market growth. Some of the major players are Kureha Corporation, BMG Incorporated, etc. BMG Incorporated is a promising player that has been focusing on innovation to strengthen the production process.


Each and every polyglycolic acid market manufacturer and polyglycolic acid market supplier is working on strengthening the strategic approach in the evolving business landscape. They are playing a key role to stabilize the market in the pandemic times.


Recent Developments



  • Companies like Kureha Corporation are integrating new technology to strengthen the production process.

  • Firms are focusing on mergers and acquisitions to adapt to the business climate.

  • In October 2020, REFUCOAT project successfully designed a set of methods to make bioplastics for food packaging using renewable materials, aimed at replacing conventional raw materials that are fossil-based. These bioplastics are made using polyglycolic acid (PGA) and polyhydroxyalkanoates (PHA) and are used to develop bio-based active packaging systems designed particularly for breadcrumbs, crisps and fresh chicken.

  • In September 2020, Smith+Nephew launched HealiCoil Knotless suture anchors that have Regenesorb; a biocomposite that has polylactic-co-glycolic acid along with β-TCP, calcium sulfate and dual osteoconductive components. The combination of the biochemical and physical mechanisms of the action assists in absorption of the implant, facilitating its replacement by bone in only 24 months.


Report Overview


The market segmentation table is presented below:



  • Overview of the market gives an integrated view of the global Polyglycolic Acid market

  • Analysis based on the COVID-19 pandemic

  • Insight into key market dynamics

  • Value chain evaluation

  • Overview of key market segments

  • Regional assessment of the market

  • Evaluation of competitive intensity in the market

  • Recent Developments in the market


Global Polyglycolic Acid Market, by Form



  • Fiber

  • Film

  • Others


Global Polyglycolic Acid Market, by Application



  • Medical

  • Oil and Gas Extraction

  • Packaging

  • Others


Global Polyglycolic Acid Market, by Region



  • North America



  • US

  • Canada



  • Europe



  • Germany

  • UK

  • Russia

  • France

  • Spain

  • Italy

  • Poland

  • Rest of Europe



  • Asia-Pacific



  • China

  • India

  • Japan

  • Australia and New Zealand

  • Indonesia

  • South Korea

  • Rest of Asia-Pacific



  • Latin America



  • Mexico

  • Brazil

  • Argentina

  • Rest of Latin America



  • Middle East and Africa



  • Saudi Arabia

  • Turkey

  • Israel

  • UAE

  • Egypt

  • Rest of Middle East & Africa


 



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: USD 1.9 Billion
  CAGR   10.45%(2020–2030)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Form, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Kureha Corporation, Corbion N.V., Shenzhen Polymtek Biomaterial Co., Ltd, BMG Incorporated, Huizhou Foryou Medical Devices Co., Ltd, Teleflex Inc
  Key Market Opportunities   There is further opportunity to exploit the rapid industrialization and urbanization of different nations which would increase the demand for energy resulting in the surge in PGA demand as well.
  Key Market Drivers   One of the chief factors that act as a catalyst is


Frequently Asked Questions (FAQ) :


The rising demand and consumption of frac balls and frac plugs in the oil and gas industry act as the chief driver of the global Polyglycolic Acid market.

North America dominates the market at the global level as a majority of transactions take place in the region.

The market is expected to reach USD 1.9 billion by the year 2030.

1 Executive Summary

1.1 Market Attractiveness Analysis 17

1.1.1 Global Polyglycolic Acid (PGA) Market, By Form 18

1.1.2 Global Polyglycolic Acid (PGA) Market, By Application 19

2 Market Introduction

2.1 Definition 20

2.2 Scope of the Study 20

2.3 Market Structure 20

3 Market Insights

4 Research Methodology

4.1 Research Process 24

4.2 Primary Research 25

4.3 Secondary Research 26

4.4 Market Size Estimation 26

4.5 Forecast Model 27

4.6 List of Assumptions 28

5 Market Dynamics

5.1 Introduction 29

5.2 Drivers 30

5.2.1 Increasing Shale Gas Exploration Activities in the US 30

5.2.2 Increasing Demand in the Healthcare Industry 30

5.3 Restraints 32

5.3.1 Availability of Substitutes and High-Cost of Production 32

5.4 Opportunities 33

5.4.1 Development of New Technologies for PGA Production 33

5.4.2 Robust Outlook of Shale Gas Extraction in Asia 33

5.4.3 Increasing Adoption in the Packaging Industry 33

5.5 Trends 35

5.5.1 Growing Emphasis on Capacity Expansion 35

6 Market Factor Analysis

6.1 Supply Chain Analysis 36

6.1.1 Raw Material Suppliers 36

6.1.2 Polyglycolic Acid Producers 36

6.1.3 Distribution Channel 37

6.1.4 End-Use Industry 37

6.2 Porter’s Five Forces Model 37

6.2.1 Threat of New Entrants 38

6.2.2 Threat of Rivalry 38

6.2.3 Threat of Substitutes 38

6.2.4 Bargaining Power of Suppliers 38

6.2.5 Bargaining Power of Buyers 38

6.3 Pricing Analysis (2010–2018) 39

7 Global Polyglycolic Acid (PGA) Market, by Form

7.1 Introduction 40

7.2 Fiber 42

7.3 Film 43

7.4 Others 44

8 Global Polyglycolic Acid (PGA) Market, by Application

8.1 Introduction 46

8.2 Oil & Gas Extraction 48

8.3 Medical 49

8.4 Packaging 51

8.5 Others 52

9 Global Polyglycolic Acid (PGA) Market, by Region

9.1 Introduction 53

9.2 North America 58

9.2.1 US 60

9.2.2 Canada 63

9.3 Europe 65

9.3.1 Germany 68

9.3.2 UK 70

9.3.3 Russia 71

9.3.4 France 73

9.3.5 Spain 75

9.3.6 Italy 76

9.3.7 Poland 78

9.3.8 Rest of Europe 80

9.4 Asia-Pacific 81

9.4.1 China 85

9.4.2 Japan 87

9.4.3 India 88

9.4.4 Australia and New Zealand 90

9.4.5 Indonesia 92

9.4.6 South Korea 93

9.4.7 Rest of Asia-Pacific 95

9.5 Latin America 97

9.5.1 Mexico 99

9.5.2 Brazil 101

9.5.3 Argentina 102

9.5.4 Rest of Latin America 104

9.6 Middle East and Africa 106

9.6.1 Saudi Arabia 108

9.6.2 Israel 110

9.6.3 UAE 112

9.6.4 Turkey 113

9.6.5 Egypt 115

9.6.6 Rest of Middle East and Africa 117

10 Competitive Landscape

10.1 Introduction 119

10.2 Market Evolution 119

10.3 Global Market Strategy Analysis 119

10.4 Global Market Share Analysis 119

11 Company Profiles

11.1 KUREHA CORPORATION 121

11.1.1 Company Overview 121

11.1.2 Financial Overview 121

11.1.3 Products Offered 122

11.1.4 Key Developments 122

11.1.5 SWOT Analysis 122

11.1.6 Key Strategies 122

11.2 BMG Incorporated 123

11.2.1 Company Overview 123

11.2.2 Financial Overview 123

11.2.3 Products Offered 123

11.2.4 Key Developments 123

11.2.5 SWOT Analysis 124

11.2.6 Key Strategies 124

11.3 Teleflex, Inc 125

11.3.1 Company Overview 125

11.3.2 Financial Overview 125

11.3.3 Products Offered 126

11.3.4 Key Developments 126

11.3.5 SWOT Analysis 126

11.3.6 Key Strategies 126

11.4 Huizhou Foryou Medical Devices Co., Ltd 127

11.4.1 Company Overview 127

11.4.2 Financial Overview 127

11.4.3 Products Offered 127

11.4.4 Key Developments 127

11.4.5 SWOT Analysis 128

11.4.6 Key Strategies 128

11.5 Shenzhen Polymtek Biomaterial Co., Ltd 129

11.5.1 Company Overview 129

11.5.2 Financial Overview 129

11.5.3 Products Offered 129

11.5.4 Key Developments 129

11.5.5 SWOT Analysis 130

11.5.6 Key Strategy 130

11.6 Corbion N.V. 131

11.6.1 Company Overview 131

11.6.2 Financial Overview 131

11.6.3 Products Offered 132

11.6.4 Key Developments 132

11.6.5 SWOT Analysis 132

11.6.6 Key Strategies 132

12 Conclusion

12.1 Key Findings 133

13 List of Tables

TABLE 1 LIST OF ASSUMPTIONS 28

TABLE 2 GLOBAL POLYGLYCOLIC ACID MARKET PRICING (HISTORICAL) (USD/KG) (2010-2018) 39

TABLE 3 GLOBAL POLYGLYCOLIC ACID MARKET PRICING (FORECASTED) (USD/KG) (2019-2030) 39

TABLE 4 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 40

TABLE 5 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 41

TABLE 6 FIBER: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (USD THOUSAND) 42

TABLE 7 FIBER: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (TONS) 42

TABLE 8 FILM: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (USD THOUSAND) 43

TABLE 9 FILM: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (TONS) 43

TABLE 10 OTHERS: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (USD THOUSAND) 44

TABLE 11 OTHERS: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (TONS) 45

TABLE 12 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 47

TABLE 13 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 48

TABLE 14 OIL & GAS EXTRACTION: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (USD THOUSAND) 48

TABLE 15 OIL & GAS EXTRACTION: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (TONS) 49

TABLE 16 MEDICAL: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (USD THOUSAND) 50

TABLE 17 MEDICAL: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (TONS) 50

TABLE 18 PACKAGING: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (USD THOUSAND) 51

TABLE 19 PACKAGING: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (TONS) 51

TABLE 20 OTHERS: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (USD THOUSAND) 52

TABLE 21 OTHERS: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (TONS) 52

TABLE 22 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (USD THOUSAND) 54

TABLE 23 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (TONS) 55

TABLE 24 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 56

TABLE 25 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 56

TABLE 26 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 56

TABLE 27 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 58

TABLE 28 NORTH AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY COUNTRY, 2017‒2030 (USD THOUSAND) 58

TABLE 29 NORTH AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY COUNTRY, 2017‒2030 (TONS) 58

TABLE 30 NORTH AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 59

TABLE 31 NORTH AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 59

TABLE 32 NORTH AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 59

TABLE 33 NORTH AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 60

TABLE 34 US: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 60

TABLE 35 US: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 62

TABLE 36 US: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 62

TABLE 37 US: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 62

TABLE 38 CANADA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 63

TABLE 39 CANADA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 63

TABLE 40 CANADA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 64

TABLE 41 CANADA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 64

TABLE 42 EUROPE: POLYGLYCOLIC ACID (PGA) MARKET, BY COUNTRY, 2017‒2030 (USD THOUSAND) 65

TABLE 43 EUROPE: POLYGLYCOLIC ACID (PGA) MARKET, BY COUNTRY, 2017‒2030 (TONS) 65

TABLE 44 EUROPE: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 66

TABLE 45 EUROPE: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 66

TABLE 46 EUROPE: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 67

TABLE 47 EUROPE: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 67

TABLE 48 GERMANY: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 68

TABLE 49 GERMANY: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 68

TABLE 50 GERMANY: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 69

TABLE 51 GERMANY: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 69

TABLE 52 UK: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 70

TABLE 53 UK: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 70

TABLE 54 UK: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 70

TABLE 55 UK: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 71

TABLE 56 RUSSIA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 71

TABLE 57 RUSSIA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 72

TABLE 58 RUSSIA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 72

TABLE 59 RUSSIA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 72

TABLE 60 FRANCE: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 73

TABLE 61 FRANCE: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 73

TABLE 62 FRANCE: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 74

TABLE 63 FRANCE: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 74

TABLE 64 SPAIN: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 75

TABLE 65 SPAIN: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 75

TABLE 66 SPAIN: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 75

TABLE 67 SPAIN: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 76

TABLE 68 ITALY: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 76

TABLE 69 ITALY: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 77

TABLE 70 ITALY: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 77

TABLE 71 ITALY: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 77

TABLE 72 POLAND: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 78

TABLE 73 POLAND: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 78

TABLE 74 POLAND: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 79

TABLE 75 POLAND: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 79

TABLE 76 REST OF EUROPE: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 80

TABLE 77 REST OF EUROPE: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 80

TABLE 78 REST OF EUROPE: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 80

TABLE 79 REST OF EUROPE: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 81

TABLE 80 ASIA-PACIFIC: POLYGLYCOLIC ACID (PGA) MARKET, BY COUNTRY, 2017‒2030 (USD THOUSAND) 81

TABLE 81 ASIA-PACIFIC: POLYGLYCOLIC ACID (PGA) MARKET, BY COUNTRY, 2017‒2030 (TONS) 83

TABLE 82 ASIA-PACIFIC: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 83

TABLE 83 ASIA-PACIFIC: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 84

TABLE 84 ASIA-PACIFIC: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 84

TABLE 85 ASIA-PACIFIC: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 84

TABLE 86 CHINA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 85

TABLE 87 CHINA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 85

TABLE 88 CHINA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 86

TABLE 89 CHINA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 86

TABLE 90 JAPAN: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 87

TABLE 91 JAPAN: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 87

TABLE 92 JAPAN: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 87

TABLE 93 JAPAN: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 88

TABLE 94 INDIA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 88

TABLE 95 INDIA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 89

TABLE 96 INDIA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 89

TABLE 97 INDIA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 89

TABLE 98 AUSTRALIA AND NEW ZEALAND: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 90

TABLE 99 AUSTRALIA AND NEW ZEALAND: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 90

TABLE 100 AUSTRALIA AND NEW ZEALAND: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 91

TABLE 101 AUSTRALIA AND NEW ZEALAND: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 91

TABLE 102 INDONESIA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 92

TABLE 103 INDONESIA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 92

TABLE 104 INDONESIA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 92

TABLE 105 INDONESIA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 93

TABLE 106 SOUTH KOREA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 93

TABLE 107 SOUTH KOREA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 94

TABLE 108 SOUTH KOREA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 94

TABLE 109 SOUTH KOREA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 94

TABLE 110 REST OF ASIA-PACIFIC: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 95

TABLE 111 REST OF ASIA-PACIFIC: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 95

TABLE 112 REST OF ASIA-PACIFIC: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 96

TABLE 113 REST OF ASIA-PACIFIC: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 96

TABLE 114 LATIN AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY COUNTRY, 2017‒2030 (USD THOUSAND) 97

TABLE 115 LATIN AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY COUNTRY, 2017‒2030 (TONS) 97

TABLE 116 LATIN AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 97

TABLE 117 LATIN AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 98

TABLE 118 LATIN AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 98

TABLE 119 LATIN AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 99

TABLE 120 MEXICO: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 99

TABLE 121 MEXICO: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 99

TABLE 122 MEXICO: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 100

TABLE 123 MEXICO: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 100

TABLE 124 BRAZIL: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 101

TABLE 125 BRAZIL: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 101

TABLE 126 BRAZIL: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 101

TABLE 127 BRAZIL: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 102

TABLE 128 ARGENTINA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 102

TABLE 129 ARGENTINA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 103

TABLE 130 ARGENTINA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 103

TABLE 131 ARGENTINA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 103

TABLE 132 REST OF LATIN AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 104

TABLE 133 REST OF LATIN AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 104

TABLE 134 REST OF LATIN AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 105

TABLE 135 REST OF LATIN AMERICA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 105

TABLE 136 MIDDLE EAST AND AFRICA: POLYGLYCOLIC ACID (PGA) MARKET, BY COUNTRY, 2017‒2030 (USD THOUSAND) 106

TABLE 137 MIDDLE EAST AND AFRICA: POLYGLYCOLIC ACID (PGA) MARKET, BY COUNTRY, 2017‒2030 (TONS) 106

TABLE 138 MIDDLE EAST AND AFRICA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 107

TABLE 139 MIDDLE EAST AND AFRICA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 107

TABLE 140 MIDDLE EAST AND AFRICA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 107

TABLE 141 MIDDLE EAST AND AFRICA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 108

TABLE 142 SAUDI ARABIA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 108

TABLE 143 SAUDI ARABIA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 109

TABLE 144 SAUDI ARABIA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 109

TABLE 145 SAUDI ARABIA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 109

TABLE 146 ISRAEL: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 110

TABLE 147 ISRAEL: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 110

TABLE 148 ISRAEL: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 111

TABLE 149 ISRAEL: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 111

TABLE 150 UAE: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 112

TABLE 151 UAE: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 112

TABLE 152 UAE: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 112

TABLE 153 UAE: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 113

TABLE 154 TURKEY: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 113

TABLE 155 TURKEY: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 114

TABLE 156 TURKEY: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 114

TABLE 157 TURKEY: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 114

TABLE 158 EGYPT: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 115

TABLE 159 EGYPT: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 115

TABLE 160 EGYPT: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 116

TABLE 161 EGYPT: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 116

TABLE 162 REST OF MIDDLE EAST AND AFRICA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 117

TABLE 163 REST OF MIDDLE EAST AND AFRICA: POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 117

TABLE 164 REST OF MIDDLE EAST AND AFRICA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 117

TABLE 165 REST OF MIDDLE EAST AND AFRICA: POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 118

14 List of Figures

FIGURE 1 MARKET SYNOPSIS 16

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL POLYGLYCOLIC ACID (PGA) MARKET 17

FIGURE 3 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET ANALYSIS BY FORM 18

FIGURE 4 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET ANALYSIS BY APPLICATION 19

FIGURE 5 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET: MARKET STRUCTURE 20

FIGURE 6 NORTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2018 VS 2030) 21

FIGURE 7 EUROPE MARKET SIZE & MARKET SHARE BY COUNTRY (2018 VS 2030) 22

FIGURE 8 ASIA-PACIFIC & MARKET SHARE BY COUNTRY (2018 VS 2030) 22

FIGURE 9 LATIN AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2018 VS 2030) 23

FIGURE 10 MIDDLE EAST & AFRICA MARKET SIZE & MARKET SHARE BY COUNTRY (2018 VS 2030) 23

FIGURE 11 RESEARCH PROCESS OF MRFR 24

FIGURE 12 TOP-DOWN & BOTTOM-UP APPROACH 27

FIGURE 13 MARKET DYNAMICS OVERVIEW 29

FIGURE 14 US SHALE GAS PRODUCTION, 2011 – 2018 30

FIGURE 15 HEALTHCARE SPENDING (% OF GDP), 2017 31

FIGURE 16 DRIVERS IMPACT ANALYSIS 31

FIGURE 17 RESTRAINTS IMPACT ANALYSIS 32

FIGURE 18 SUPPLY CHAIN: POLYGLYCOLIC ACID MARKET 36

FIGURE 19 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL ANTIMICROBIAL ADDITIVES MARKET 37

FIGURE 20 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (USD THOUSAND) 40

FIGURE 21 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY FORM, 2017‒2030 (TONS) 41

FIGURE 22 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (USD THOUSAND) 46

FIGURE 23 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY APPLICATION, 2017‒2030 (TONS) 47

FIGURE 24 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (USD THOUSAND) 54

FIGURE 25 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION, 2017‒2030 (TONS) 55

FIGURE 26 MARKET SHARE (%) 120