Polyglycolic Acid Global Market Report 2026

Polyglycolic acid represents a group of polymers designed for degradation through chemical hydrolysis, offering surgical sutures with enhanced strength and flexibility. These synthetic sutures are absorbable within the human body, undergoing metabolism without eliciting significant inflammatory reactions. Their extended absorption period contributes to minimal inflammatory responses. Applications for polyglycolic acids span across various medical fields like general surgery, plastic surgery, wound closure, ligatures, pediatric procedures, and cuticular applications.

The primary forms of polyglycolic acid include films, fibers, and other variations. The film format of polyglycolic acid stands out for its biodegradable and biocompatible nature. These films exhibit homogeneous distribution of titanium oxide (TiO2), with subtle variances based on molecular weight. Notably, their hygroscopic and anatase material properties enable water absorption. These products are available through online and offline distribution channels, catering to industries such as pharmaceuticals, oil and gas, packaging, among others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are affecting the polyglycolic acid market by increasing costs of imported monomers, polymerization catalysts, medical-grade processing equipment, and sterilization components. North America and Europe are most impacted due to dependence on specialized medical polymer imports, while Asia-Pacific faces cost pressure on export-oriented PGA production. These tariffs are increasing product pricing and extending approval timelines. However, they are also promoting local polymer synthesis, regional medical material production, and investment in domestic biodegradable polymer manufacturing.

The polyglycolic acid market research report is one of a series of new reports from The Business Research Company that provides polyglycolic acid market statistics, including polyglycolic acid industry global market size, regional shares, competitors with a polyglycolic acid market share, detailed polyglycolic acid market segments, market trends and opportunities, and any further data you may need to thrive in the polyglycolic acid industry. This polyglycolic acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The polyglycolic acid market size has grown rapidly in recent years. It will grow from $5.67 billion in 2025 to $6.27 billion in 2026 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to growth in surgical procedures, increasing use of absorbable sutures, expansion of healthcare infrastructure, rising demand for biodegradable polymers, advancements in polymer processing technologies.

The polyglycolic acid market size is expected to see strong growth in the next few years. It will grow to $9.18 billion in 2030 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to rising demand for minimally invasive surgeries, increasing adoption of biodegradable packaging films, expansion of medical device manufacturing, growing focus on bioresorbable materials, increasing investment in advanced polymer R&D. Major trends in the forecast period include rising adoption of absorbable surgical materials, increasing use in biodegradable medical devices, growing demand for high-strength sutures, expansion of pga-based barrier films, enhanced focus on biocompatible polymers.

Increasing demand in the packaging industry is expected to propel the growth of the polyglycolic acid (PGA) market. Packaging, used for branding and as an additional protective layer for food products, is witnessing high demand across several end-use sectors, including healthcare, food, cosmetics, and personal care. Polyglycolic acid is particularly preferred for high-gas barrier packaging applications due to its performance and sustainability attributes. For instance, in April 2023, according to Trivium Packaging, a Netherlands-based packaging company, 82% of consumers were willing to pay more for sustainable packaging, up 4 percentage points from 2022. The report also highlighted that 71% of consumers actively choose products based on packaging sustainability, while 63% are less likely to purchase products with environmentally harmful packaging. Therefore, increasing demand in the packaging industry is driving growth in the polyglycolic acid market.

The growing oil and gas industry is also expected to boost the polyglycolic acid market in the coming years. The oil and gas sector encompasses global activities related to exploration, extraction, refining, transportation, and distribution of oil and natural gas resources. Polyglycolic acid finds applications in the industry for producing biodegradable frac balls and plugs used as closures in hydraulic fracturing and well operations. For instance, in November 2023, the Oil & Gas Journal (OGJ), a US-based industry publication, reported that global oil demand increased by approximately 0.8 million barrels per day in 2024 compared to 2023. Therefore, the expansion of the oil and gas industry is driving polyglycolic acid market growth.

In August 2023, PureTech Scientific LLC, backed by Iron Path Capital and a US-based producer specializing in the organic synthesis of high-purity alpha hydroxy acids, completed the acquisition of The Chemours Company's Glycolic Acid business for $137 million. This strategic move aligns with PureTech Scientific's objective to diversify its product portfolio and reinforce its standing within the specialty chemicals market. The Chemours Company, a US-based chemical firm, was the previous owner of the Glycolic Acid business acquired by PureTech Scientific.

Major companies operating in the polyglycolic acid market are Kureha Corporation, Teleflex Incorporated, Medtronic plc, Johnson & Johnson (Ethicon), B. Braun Melsungen AG, Smith & Nephew plc, Peters Surgical, Meta Biomed Co. Ltd., Unisur Lifecare Pvt. Ltd., Samyang Biopharm Corporation, Boen Healthcare Co. Ltd., Huizhou Foryou Medical Devices Co. Ltd., Shenzhen Polymtek Biomaterial Co. Ltd., Shandong Haidike Medical Products Co. Ltd., Advanced Medical Solutions Group PLC, Orion Sutures India Pvt. Ltd., Lotus Surgicals Private Limited, Assut Medical Sarl, Dolphin Sutures, Sutures India Private Limited, Maneklal Global Exports Pvt. Ltd.

North America was the largest region in the polyglycolic acid market in 2025. The regions covered in the polyglycolic acid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the polyglycolic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The polyglycolic acid market consists of sales of industrial-grade and medical-grade polyglycolic acid. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Polyglycolic Acid Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses polyglycolic acid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for polyglycolic acid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The polyglycolic acid market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product Form: Films; Fibers
• 2) By Distribution Channel: Hospital And Clinical Procurement (Direct Sales); Medical Device Distributors
• 3) By Application: Absorbable Surgical Sutures; General Surgical Closure And Ligatures; Plastic And Reconstructive Surgery; Pediatric Surgery; Cuticular (Skin) Closure
• 4) By Industry: Hospitals; Specialty Clinics; Ambulatory Surgical Centers
• Subsegments:
• 1) By Films: Biodegradable Films; Barrier Films
• 2) By Fibers: Monofilament Fibers; Multifilament Fibers
• Companies Mentioned: Kureha Corporation; Teleflex Incorporated; Medtronic plc; Johnson & Johnson (Ethicon); B. Braun Melsungen AG; Smith & Nephew plc; Peters Surgical; Meta Biomed Co. Ltd.; Unisur Lifecare Pvt. Ltd.; Samyang Biopharm Corporation; Boen Healthcare Co. Ltd.; Huizhou Foryou Medical Devices Co. Ltd.; Shenzhen Polymtek Biomaterial Co. Ltd.; Shandong Haidike Medical Products Co. Ltd.; Advanced Medical Solutions Group PLC; Orion Sutures India Pvt. Ltd.; Lotus Surgicals Private Limited; Assut Medical Sarl; Dolphin Sutures; Sutures India Private Limited; Maneklal Global Exports Pvt. Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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