Polyglycolic Acid Market expected to be worth USD 6.5 Billion by 2024, at a CAGR of 9.5%, from 2019–2024
[117 Pages Report] The Polyglycolic Acid Market size is estimated at USD 4.1 billion in 2019 and is projected to reach USD 6.5 billion by 2024, at a CAGR of 9.5%, between 2019 and 2024. The increasing demand for surgical sutures in the medical industry owing to the rising incidence of diseases including cardiovascular disease, ischemic heart disease, strokes, lung cancer, others are expected to drive the demand for polyglycolic acid during the forecast period. Furthermore, the rapid growth of the packaging industry with a particular preference for biodegradable packaging will escalate the demand for polyglycolic acid, thus driving the market growth.
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Premium Insights of the report:
Kureha Corporation (Japan) is one of the major players of the polyglycolic acid market. Kureha Corporation is a major company involved in the manufacturing of specialty chemicals and plastics, which are majorly used in advanced materials, agrochemicals, pharmaceuticals, and packaging materials. The company operates through 5 business segments, namely, superior materials, specialty chemicals, specialty plastics, construction, and others. The company offers its polyglycolic acid (PGA) products through the advanced materials segment under the brand name Kuredux. The company majorly manufactures PGA products for the medical and oil & gas markets.
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Corbion (Netherlands) is one of the leading players in the polyglycolic acid market. Corbion is a sustainable ingredient solutions company with expertise in the field of lactic acid, lactic acid derivatives. The company operates through two business segments namely Ingredient Solutions and Innovation Platforms. The company provides polyglycolic acid under the brand name PURASORB through its product line polymers for medical devices, which falls under biomedical sub-segment of Ingredient Solutions business unit of the company. The company markets its products through a worldwide network of 16 sales offices and distributor channels. The company also has a global supply chain with 13 manufacturing facilities in the USA, Thailand, Brazil, Netherlands, and Spain along with five innovation centers globally.
Critical questions the report answers:
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Download PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=235524941
Premium Insights of the report:
- Attractive Opportunities in the Polyglycolic Acid Market
- Polyglycolic Acid Market in North America, By Form and Country, 2018
- Polyglycolic Acid Market, By End-Use Industry
- Polyglycolic Acid Market, By Region
Kureha Corporation (Japan) is one of the major players of the polyglycolic acid market. Kureha Corporation is a major company involved in the manufacturing of specialty chemicals and plastics, which are majorly used in advanced materials, agrochemicals, pharmaceuticals, and packaging materials. The company operates through 5 business segments, namely, superior materials, specialty chemicals, specialty plastics, construction, and others. The company offers its polyglycolic acid (PGA) products through the advanced materials segment under the brand name Kuredux. The company majorly manufactures PGA products for the medical and oil & gas markets.
Read More @ https://www.prnewswire.com/news-releases/polyglycolic-acid-market-worth-6-5-billion-by-2024--exclusive-report-by-marketsandmarkets-300951541.html
Corbion (Netherlands) is one of the leading players in the polyglycolic acid market. Corbion is a sustainable ingredient solutions company with expertise in the field of lactic acid, lactic acid derivatives. The company operates through two business segments namely Ingredient Solutions and Innovation Platforms. The company provides polyglycolic acid under the brand name PURASORB through its product line polymers for medical devices, which falls under biomedical sub-segment of Ingredient Solutions business unit of the company. The company markets its products through a worldwide network of 16 sales offices and distributor channels. The company also has a global supply chain with 13 manufacturing facilities in the USA, Thailand, Brazil, Netherlands, and Spain along with five innovation centers globally.
Critical questions the report answers:
- What are the upcoming hot bets for the polyglycolic acid market?
- What are the market dynamics for the different grades of polyglycolic acid?
- What are the market dynamics for different applications of polyglycolic acid?
- Who are the major manufacturers of polyglycolic acid?
- What are the significant factors which will impact market growth during the forecast period?
Don't miss out on business opportunities in Polyglycolic Acid Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=235524941
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
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