Articles
Global Polyglycolic Acid Market by form - Forecast Report, 2019-2026
by Oliver Smith Sr. SEO ExecutiveThe GMI Research expects that the Polyglycolic Acid Market
will notice an augmentation in demand over the forecast period. This is
primarily because of the increasing number of surgeries, assistance to offer resilience
against saline seat water, enlargement in oil and gas drilling functions, and
accelerating geriatric population.
Introduction of the Polyglycolic Acid Market
Polyglycolic acid, a multifilament suture material acquired
from a homopolymerize of glycolic acid, is a type of biodegradable polymer. The
acid is accessible in uncoated or coated integrated by hydrolysis with fewer
associated tissue inflammation than plain or silk. It is mainly acquired by
ring-opening polymerization of glycoside and polycondensation of glycolic acid
processes.
Key Players of Market:
- Shenzhen Polymtek Biomaterial Co., Ltd.
- El Du Pont De Nemours & Co.
- Kureha Corporation
- Corbion
- Teleflex Incorporated
- BMG Incorporated
- Huizhou Foryou Medical Devices Co. Ltd.
Polyglycolic Acid Market Dynamics
The enlargement of the medical sector as a result of the
surging investments in healthcare has accelerated the global polyglycolic acid
market size. Also, the accelerating geriatric population and the increasing
incidences of hypertension are strengthening the polyglycolic acid market size.
Besides this, the aggravating demand for the absorbable suture led by the
soaring cases of cardiovascular and ischemic heart diseases are some other
factors bolstering the market growth.
Moreover, the extension of the packaging industry primarily
because of the rising inclination towards disposable packaging will impel the
market growth. On the other hand, the inflated maintenance cost and
insufficient consciousness about its uses will hamper the market growth.
Regional
Drivers
The polyglycolic acid market global forecast states that based
on the geographical coverage, North America is predicted to witness faster
growth owing to the massive investments in healthcare infrastructure and
accelerating number of cardiac, orthopedic surgeries, as well as an increase
in the aging population.
Polyglycolic Acid Market Segmentation:
Segmentation
by Fiber
·
Film
·
Others
Segmentation
by Application
·
Oil & Gas
·
Medical
·
Packaging
·
Others
Segmentation
by Region:
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
North America
o
United States of America
o
Canada
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
UAE
o
Brazil
o
South Africa
o
Saudi Arabia
About GMI Research
The consulting and market research company, GMI Research,
offers reports of market research ad business insights and market acumen to
various small, medium, and large scale enterprises. Our comprehensive reports
help clients to formulate prudent business policies and attain long-term growth
in the market domain. The large team of analysts and industry experts with
expertise from several countries like Europe, Asia-Pacific, North America,
among others, provides a stet-to-step solution to client. The report includes
clarified predictions, a view of the competitive industry, major factors
impacting the market growth, and other market insights to succor companies
reaching strategic decisions.
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About Oliver Smith 
Sr. SEO Executive
1,011 connections, 47 recommendations, 2,597 honor points.Joined APSense since, July 20th, 2020, From Gurgaon, India.
Created on Aug 12th 2021 06:37. Viewed 161 times.
