Polyglycolic Acid Market Research Report - Forecast to 2023
Polyglycolic Acid Market Research Report Forecast to 2023
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Polyglycolic Acid Market Research Report - Forecast to 2023
Market Definition
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 ringopening polymerization of glycolide are used for producing low and high weight molecular products respectively.
Market Scenario
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.
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Polyglycolic Acid Market Research Report - Forecast to 2023 Segments
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.
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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.
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Polyglycolic Acid Market Research Report - Forecast to 2023
Key Players
Some of the key players profiled 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)
Intended Audience ➢ ➢ ➢ ➢
Polyglycolic acid manufacturers Traders and distributors of polyglycolic acid Research and development institutes Potential investors
The Global Polyglycolic Acid Market is segmented into the following regions ➢ ➢ ➢ ➢
India China Thailand Taiwan
The report for Global Polyglycolic Acid of Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance.
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Polyglycolic Acid Market Research Report - Forecast to 2023
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