Industry: Chemical & Material
Published Date: 2026-01-04
Pages: 100 Pages
Report ld: 5554913
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Polyglycolic Acid Market Size(US$)

CAGR 2026-2032
36.2%
Market Size,2032
USD 1,459
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Polyglycolic Acid market size was US$ 172 million in 2025 and is forecast to reach a readjusted size of US$ 1459 million by 2032 with a CAGR of 36.2% during the forecast period 2026-2032.
Polyglycolide or poly(glycolic acid) (PGA), also spelled as polyglycolic acid is a biodegradable, semi-crystalline thermoplastic. It is also the simplest linear, aliphatic polyester. PGA resins are known for their excellent gas barrier properties, relative high strength, and excellent biodegradability. Some grades have a biodegradation rate similar to cellulose and decompose under composting conditions into CO2 and water within one month. PGA and its copolymers such as poly(lactic-co-glycolic acid), and poly(glycolide-co-caprolactone) are used in a number of applications. Due to PGA's very low permeability to O2 and CO2, it can be used as a packaging film for oxygen sensitive products, for example as an interlayer between two polyester films. Other important applications include shale gas extraction and other industrial processes as well as synthetic fast absorbable sutures for internal surgeries.
Global core polyglycolic acid manufacturers include Kureha and Shanghai Pujing Chemical. North America is the largest market, with a share over 45%, followed by China and Europe with the share about 23% and 11%. In terms of product type, industrial grade is the largest segment, with a share over 50%. And in terms of application, the largest application is oil and gas industry, followed by medical industry.
With the commissioning of many large-scale industrial-grade projects in China, such as Sinopec Guizhou Energy Chemical, Sinopec Hubei Fertilizer, Guoneng Mengxi Coal Chemical, Inner Mongolia Jiutai, Inner Mongolia Rongxin Chemical, Anhui Haoyuan Chemical, etc., the global share of industrial-grade PGA will become very high. At the same time, the product application areas will undergo tremendous changes.
The global Polyglycolic Acid market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2021-2032.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Report scope, segment-level executive summary (by Type, by Application) and market evolution across the short, mid and long term
Chapter 2: Quantitative analysis of Polyglycolic Acid sales and revenue at global, regional, and country levels, highlighting market size and growth potential by region
Chapter 3: Competitive landscape of Polyglycolic Acid manufacturers (sales, revenue, pricing, market share, industry rankings, and M&A / expansion plans)
Chapter 4: by Type-based segmentation analysis (sales, revenue, pricing, and growth potential) to identify blue-ocean product segments
Chapter 5: by Application-based segmentation analysis (sales, revenue, pricing, and growth potential) to uncover high-value downstream markets
Chapter 6: Regional breakdown by company, customer, by Type and by Application (sales, revenue, and pricing for each segment)
Chapter 7: Key manufacturer profiles –company overview, Polyglycolic Acid product descriptions and specifications, revenue, gross margins, and recent developments
Chapter 8: Industry chain analysis – upstream raw materials, manufacturing links, and downstream application sectors
Chapter 9: Sales channels and distributor analysis – routes to market and key customer interfaces
Chapter 10: Market dynamics – trends, drivers, restraints, risks for manufacturers, and the impact of relevant industry policies
Chapter 11: Key findings, main takeaways, and overall conclusions of the report.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Polyglycolic Acid value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Polyglycolic Acid Product Scope
1.2 Polyglycolic Acid by Type
1.2.1 Global Polyglycolic Acid Sales by Type (2021, 2025 & 2032)
1.2.2 Industrial Grade
1.2.3 Medical Grade
1.3 Polyglycolic Acid by Application
1.3.1 Global Polyglycolic Acid Sales Comparison by Application (2021, 2025 & 2032)
1.3.2 Oil and Gas Industry
1.3.3 Medical Industry
1.3.4 Packing Industry
1.3.5 Others
1.4 Global Polyglycolic Acid Market Estimates and Forecasts (2021-2032)
1.4.1 Global Polyglycolic Acid Market Size (Value) and Growth Rate (2021-2032)
1.4.2 Global Polyglycolic Acid Market Size (Volume) and Growth Rate (2021-2032)
1.4.3 Global Polyglycolic Acid Price Trends (2021-2032)
1.5 Assumptions and Limitations
2 Market Size and Prospects by Region
2.1 Global Polyglycolic Acid Market Size by Region: 2021 VS 2025 VS 2032
2.2 Global Polyglycolic Acid Historical Market Scenario by Region (2021-2026)
2.2.1 Global Polyglycolic Acid Sales Market Share by Region (2021-2026)
2.2.2 Global Polyglycolic Acid Revenue Market Share by Region (2021-2026)
2.3 Global Polyglycolic Acid Market Estimates and Forecasts by Region (2027-2032)
2.3.1 Global Polyglycolic Acid Sales Estimates and Forecasts by Region (2027-2032)
2.3.2 Global Polyglycolic Acid Revenue Forecast by Region (2027-2032)
2.4 Major Regions and Emerging Market Analysis
2.4.1 Japan Polyglycolic Acid Market Size and Prospects (2021-2032)
2.4.2 South Korea Polyglycolic Acid Market Size and Prospects (2021-2032)
2.4.3 China Polyglycolic Acid Market Size and Prospects (2021-2032)
2.4.4 Europe Polyglycolic Acid Market Size and Prospects (2021-2032)
3 Global Market Size by Type
3.1 Global Polyglycolic Acid Historical Market Review by Type (2021-2026)
3.1.1 Global Polyglycolic Acid Sales by Type (2021-2026)
3.1.2 Global Polyglycolic Acid Revenue by Type (2021-2026)
3.1.3 Global Polyglycolic Acid Average Price by Type (2021-2026)
3.2 Global Polyglycolic Acid Market Estimates and Forecasts by Type (2027-2032)
3.2.1 Global Polyglycolic Acid Sales Forecast by Type (2027-2032)
3.2.2 Global Polyglycolic Acid Revenue Forecast by Type (2027-2032)
3.2.3 Global Polyglycolic Acid Price Forecast by Type (2027-2032)
3.3 Representative Players for Different Types of Polyglycolic Acid
4 Global Market Size by Application
4.1 Global Polyglycolic Acid Historical Market Review by Application (2021-2026)
4.1.1 Global Polyglycolic Acid Sales by Application (2021-2026)
4.1.2 Global Polyglycolic Acid Revenue by Application (2021-2026)
4.1.3 Global Polyglycolic Acid Average Price by Application (2021-2026)
4.2 Global Polyglycolic Acid Market Estimates and Forecasts by Application (2027-2032)
4.2.1 Global Polyglycolic Acid Sales Forecast by Application (2027-2032)
4.2.2 Global Polyglycolic Acid Revenue Forecast by Application (2027-2032)
4.2.3 Global Polyglycolic Acid Price Forecast by Application (2027-2032)
4.3 New Sources of Growth in Polyglycolic Acid Applications
5 Competition Landscape by Players
5.1 Global Polyglycolic Acid Sales by Player (2021-2026)
5.2 Global Top Polyglycolic Acid Players by Revenue (2021-2026)
5.3 Global Polyglycolic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3), based on Polyglycolic Acid revenue as of 2025
5.4 Global Polyglycolic Acid Average Price by Company (2021-2026)
5.5 Global Key Manufacturers of Polyglycolic Acid, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Polyglycolic Acid, Product Type & Application
5.7 Global Key Manufacturers of Polyglycolic Acid, Date of Entry into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Regional Analysis
6.1 Japan Market: Players, Segments, Downstream and Major Customers
6.1.1 Japan Polyglycolic Acid Sales by Company
6.1.1.1 Japan Polyglycolic Acid Sales by Company (2021-2026)
6.1.1.2 Japan Polyglycolic Acid Revenue by Company (2021-2026)
6.1.2 Japan Polyglycolic Acid Sales Breakdown by Type (2021-2026)
6.1.3 Japan Polyglycolic Acid Sales Breakdown by Application (2021-2026)
6.1.4 Japan Polyglycolic Acid Major Customers
6.1.5 Japan Market Trends and Opportunities
6.2 South Korea Market: Players, Segments, Downstream and Major Customers
6.2.1 South Korea Polyglycolic Acid Sales by Company
6.2.1.1 South Korea Polyglycolic Acid Sales by Company (2021-2026)
6.2.1.2 South Korea Polyglycolic Acid Revenue by Company (2021-2026)
6.2.2 South Korea Polyglycolic Acid Sales Breakdown by Type (2021-2026)
6.2.3 South Korea Polyglycolic Acid Sales Breakdown by Application (2021-2026)
6.2.4 South Korea Polyglycolic Acid Major Customers
6.2.5 South Korea Market Trends and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Polyglycolic Acid Sales by Company
6.3.1.1 China Polyglycolic Acid Sales by Company (2021-2026)
6.3.1.2 China Polyglycolic Acid Revenue by Company (2021-2026)
6.3.2 China Polyglycolic Acid Sales Breakdown by Type (2021-2026)
6.3.3 China Polyglycolic Acid Sales Breakdown by Application (2021-2026)
6.3.4 China Polyglycolic Acid Major Customers
6.3.5 China Market Trends and Opportunities
6.4 Europe Market: Players, Segments, Downstream and Major Customers
6.4.1 Europe Polyglycolic Acid Sales by Company
6.4.1.1 Europe Polyglycolic Acid Sales by Company (2021-2026)
6.4.1.2 Europe Polyglycolic Acid Revenue by Company (2021-2026)
6.4.2 Europe Polyglycolic Acid Sales Breakdown by Type (2021-2026)
6.4.3 Europe Polyglycolic Acid Sales Breakdown by Application (2021-2026)
6.4.4 Europe Polyglycolic Acid Major Customers
6.4.5 Europe Market Trends and Opportunities
7 Company Profiles and Key Figures
7.1 Kureha
7.1.1 Kureha Company Information
7.1.2 Kureha Business Overview
7.1.3 Kureha Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.1.4 Kureha Polyglycolic Acid Products Offered
7.1.5 Kureha Recent Development
7.2 Corbion
7.2.1 Corbion Company Information
7.2.2 Corbion Business Overview
7.2.3 Corbion Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.2.4 Corbion Polyglycolic Acid Products Offered
7.2.5 Corbion Recent Development
7.3 BMG
7.3.1 BMG Company Information
7.3.2 BMG Business Overview
7.3.3 BMG Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.3.4 BMG Polyglycolic Acid Products Offered
7.3.5 BMG Recent Development
7.4 Evonik
7.4.1 Evonik Company Information
7.4.2 Evonik Business Overview
7.4.3 Evonik Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.4.4 Evonik Polyglycolic Acid Products Offered
7.4.5 Evonik Recent Development
7.5 Teleflex
7.5.1 Teleflex Company Information
7.5.2 Teleflex Business Overview
7.5.3 Teleflex Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.5.4 Teleflex Polyglycolic Acid Products Offered
7.5.5 Teleflex Recent Development
7.6 Samyang Biopharm
7.6.1 Samyang Biopharm Company Information
7.6.2 Samyang Biopharm Business Overview
7.6.3 Samyang Biopharm Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.6.4 Samyang Biopharm Polyglycolic Acid Products Offered
7.6.5 Samyang Biopharm Recent Development
7.7 Meta Biomed
7.7.1 Meta Biomed Company Information
7.7.2 Meta Biomed Business Overview
7.7.3 Meta Biomed Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.7.4 Meta Biomed Polyglycolic Acid Products Offered
7.7.5 Meta Biomed Recent Development
7.8 Shanghai Pujing Chemical
7.8.1 Shanghai Pujing Chemical Company Information
7.8.2 Shanghai Pujing Chemical Business Overview
7.8.3 Shanghai Pujing Chemical Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.8.4 Shanghai Pujing Chemical Polyglycolic Acid Products Offered
7.8.5 Shanghai Pujing Chemical Recent Development
7.9 Shenzhen Polymtek Biomaterial
7.9.1 Shenzhen Polymtek Biomaterial Company Information
7.9.2 Shenzhen Polymtek Biomaterial Business Overview
7.9.3 Shenzhen Polymtek Biomaterial Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.9.4 Shenzhen Polymtek Biomaterial Polyglycolic Acid Products Offered
7.9.5 Shenzhen Polymtek Biomaterial Recent Development
7.10 Huizhou Foryou Medical Device
7.10.1 Huizhou Foryou Medical Device Company Information
7.10.2 Huizhou Foryou Medical Device Business Overview
7.10.3 Huizhou Foryou Medical Device Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.10.4 Huizhou Foryou Medical Device Polyglycolic Acid Products Offered
7.10.5 Huizhou Foryou Medical Device Recent Development
7.11 Danhua Technology
7.11.1 Danhua Technology Company Information
7.11.2 Danhua Technology Business Overview
7.11.3 Danhua Technology Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.11.4 Danhua Technology Polyglycolic Acid Products Offered
7.11.5 Danhua Technology Recent Development
7.12 CHN Energy (Shaanxi)
7.12.1 CHN Energy (Shaanxi) Company Information
7.12.2 CHN Energy (Shaanxi) Business Overview
7.12.3 CHN Energy (Shaanxi) Polyglycolic Acid Sales, Revenue and Gross Margin (2021-2026)
7.12.4 CHN Energy (Shaanxi) Polyglycolic Acid Products Offered
7.12.5 CHN Energy (Shaanxi) Recent Development
8 Polyglycolic Acid Manufacturing Cost Analysis
8.1 Polyglycolic Acid Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Polyglycolic Acid
8.4 Polyglycolic Acid Industrial Chain Analysis
9 Marketing Channels, Distributors and Customers
9.1 Marketing Channels
9.2 Polyglycolic Acid Distributors List
9.3 Polyglycolic Acid Customers
10 Polyglycolic Acid Market Dynamics
10.1 Polyglycolic Acid Industry Trends
10.2 Polyglycolic Acid Market Drivers
10.3 Polyglycolic Acid Market Challenges
10.4 Polyglycolic Acid Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Polyglycolide or poly(glycolic acid) (PGA), also spelled as polyglycolic acid is a biodegradable, semi-crystalline thermoplastic. It is also the simplest linear, aliphatic polyester. PGA resins are known for their excellent gas barrier properties, relative high strength, and excellent biodegradability. Some grades have a biodegradation rate similar to cellulose and decompose under composting conditions into CO2 and water within one month. PGA and its copolymers such as poly(lactic-co-glycolic acid), and poly(glycolide-co-caprolactone) are used in a number of applications. Due to PGA's very low permeability to O2 and CO2, it can be used as a packaging film for oxygen sensitive products, for example as an interlayer between two polyester films. Other important applications include shale gas extraction and other industrial processes as well as synthetic fast absorbable sutures for internal surgeries.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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