How big is the Polyglycolic Acid Market | Size & Key Insights 2025

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Code: MTA8514

Publication Date: Sep 2025

What is the size of Polyglycolic Acid Market?

According to 6Wresearch internal database and industry insights, the Global Polyglycolic Acid Market was valued at USD 0.9 billion in 2024 and is expected to reach USD 1.3 billion by 2031, growing at a compound annual growth rate of 5.40% during the forecast period (2025-2031).

The market for polyglycolic acid is being propelled by biodegradability and growing demand for polyglycolic acid in medical sutures and packaging, as well as oil and gas-related uses. Growing preference for environmentally-friendly materials and improvements in polymer technology hold great potential for adoption across industries, contributing to the projected growth over the next several years.

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Growth Factors for Polyglycolic Acid Industry

Growing demand for bioresorbable polymers in the medical industry
Use of polyglycolic acid in oil and gas to improve extraction
Increase focus on sustainable packaging and biodegradable updated materials
Growth of minimally invasive surgical techniques that require absorbable sutures
Advancements in technology that allow for increased performance of polyglycolic acid-based products

Polyglycolic Acid Market Trends

The Polyglycolic Acid Market trends indicate significant traction across industries that prioritize eco-friendly and sustainable materials. Healthcare sutures remain the largest portion of demand due to their bioresorbable properties, while the packaging and oilfield sectors have opportunities to penetrate new areas. In addition, the trends are increasing for biodegradable packaging and engineered composites. In many industries, companies use different manufacturing techniques for existing products and find ways to make them faster and less expensive while maintaining consistent performance. Industry certifications, such as sustainability or regulatory support, are also influencing adoption, particularly in healthcare and energy industries.

Emerging Developments in the Polyglycolic Acid Market

Developments in the Polyglycolic Acid Market show an uptick in investments towards research and innovation to improve the properties of PGAs. Efforts are currently being put into producing polyglycolic acid polymer blends for increased mechanical performance and flexibility. Medical progress is being made regarding absorbable implants using polyglycolic acid for tissue engineering applications. Additionally, agreements are being made between polymer material manufacturers and hospitals or health research institutions to develop new biodegradable solutions. Oil and gas companies are feeding polyglycolic acid to assess whether it is functionally efficient for downhole tools. Having packaging innovations with better barrier properties is expanding market growth opportunities, showing a strong pipeline of industrial applications.