From GlobeNewswire: 2025-06-09 09:30:00

The global polyglycolic acid market was worth USD 5.72 billion in 2024, set to reach USD 12.01 billion by 2032 with a CAGR of 9.72%. PGA is in demand for its biodegradability and strength, used in sutures, bioresorbable implants, and tissue engineering. The U.S. PGA market is expected to grow to USD 3.67 billion by 2032, driven by healthcare and oil & gas industries. Key players include Kureha Corporation and Evonik Industries. North America leads the market, particularly the USA, due to its healthcare infrastructure and shale gas industry growth. In February 2025, Kureha Corporation expanded its PGA production plant in Japan, while Evonik Industries launched a new medical-grade PGA filament for additive manufacturing in November 2024.



Read more at GlobeNewswire: Polyglycolic Acid Market to Hit USD 12.01 Billion by 2032 |