Global Polyglycolic Acid (PGA) Market Size in 2022 With Detailed Evaluation of the Market, Industry Share Report, Analysis and Forecast 2027
Posted on Jan 25 2022 8:47 AM
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The "Polyglycolic Acid (PGA) Market" study gives an extensive image of the modern scene, including driving elements, Upstream Markets, and the general market circumstance. The exploration depended on a reasonable blend of essential and auxiliary information, just as contribution from key industry players. This market concentrate on covers the worldwide and provincial market with a top to bottom examination of the general development possibilities on the lookout.
Generally, because of quick development and expansion in the continent of Asia, the call for energy has augmented at a noteworthy rate. China and India are the major industrial financial prudence in Asia. This, in turn, is likely to result in increased investment in the oil and gas exploration activities in the region primarily in China, India, and Australia. Also, the use of PGA is cumulative in the packaging industry, mainly for packaging beverages and food products due to its biodegradability. Polyglycolic acid (PGA) is a biodegradable and thermoplastic polymer, extensively used as a surgical suture material owing to high tensile strength, tissue reactivity, hydrolytic stability, and outstanding knotting ability. It is obtained through two processes, viz. polycondensation of glycolic acid and ring-opening polymerization of glycolide.
It has been analyzed that the Global Polyglycolic Acid Market is predictable to list a CAGR of around 10.45% to reach USD 1,989,577.9 Thousand by 2037 The development of the global polyglycolic acid (PGA) market is driven by the cumulative use of frac plugs and frac balls in oil and gas removal activities, chiefly in the US. Frac plugs made using PGA are being progressively used instead of metal plugs due to inferior operating cost as they do not need to be recovered from wellbores after use. Furthermore, the expanding medical device industry owing to augmented expenditure in the healthcare sector coupled with growing geriatric populace is probable to fuel the demand for PGA throughout the evaluation period. Therefore, the vigorous evolution scene of the shale gas industry in Asia-Pacific and mounting packaging industry worldwide is projected to create significant opportunities for the players operating in the polyglycolic acid market during the said forecast period.
The report gives a point by point assessment of the market by featuring information on various angles which incorporate drivers, limitations, openings, and threats. This information can assist stakeholders with settling on proper choices prior to contributing.
The flow market dossier gives market development potential, openings, drivers, industry-explicit difficulties and dangers piece of the pie alongside the development pace of the worldwide Polyglycolic Acid (PGA) market. The report additionally covers money related and trade changes, import-send out exchange, and worldwide market status in a smooth-tongued example. The SWOT examination, ordered by industry specialists, Industry Concentration Ratio and the most recent improvements for the worldwide Polyglycolic Acid (PGA) piece of the pie are shrouded in a measurable manner as tables and figures including diagrams and graphs for simple agreement.
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The report further offers a dashboard outline of driving organizations enveloping their fruitful showcasing procedures, market commitment, ongoing advancements in both memorable and present settings. The examination report concentrates on the Polyglycolic Acid (PGA) market utilizing various techniques and investigations to give precise and inside and out data about the market. For a more clear arrangement, it is partitioned into a few sections to cover various parts of the market. This report is pointed toward directing individuals towards a worried, better, and more clear information available.
The Major Players in the Polyglycolic Acid (PGA) Market include:
- BMG Incorporated (Japan)
- Teleflex Inc (US)
- Kureha Corporation (Japan)
- Corbion N.V. (The Netherlands)
- Huizhou Foryou Medical Devices Co., Ltd (China)
- Shenzhen Polymtek Biomaterial Co., Ltd (China)
The examination covers a wide scope of market subjects that market members should know about to remain cutthroat. This additionally assists new organizations with playing out a good assessment of their organization plan.
The report identifies various key manufacturers in the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2022 to 2027.
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:
- Oil & Gas Extraction
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The Polyglycolic Acid (PGA) Market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2016-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Polyglycolic Acid (PGA) business, the date to enter into the Polyglycolic Acid (PGA) market, Polyglycolic Acid (PGA) product introduction, recent developments, etc.
- North America
- Middle East and Africa (MEA)
- South America
- To analyze and forecast the market size of the global Oilfield Equipment market.
- To classify and forecast the global Oilfield Equipment market based on application.
- To identify drivers and challenges for the global Oilfield Equipment market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global Oilfield Equipment market.
- To conduct pricing analysis for the global Oilfield Equipment market.
- To identify and analyze the profile of leading players operating in the global Oilfield Equipment market.
Some of the key questions answered in this report:
- What is the global (North America, Europe, Asia-Pacific, South America, Middle East & Africa) sales value, production value, consumption value, import and export of Polyglycolic Acid (PGA)?
- Who are the global key manufacturers of the Polyglycolic Acid (PGA) Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
- Which are the Top Leading Countries related to Polyglycolic Acid (PGA) Market?
- What is the Growth Trends about Polyglycolic Acid (PGA) Market?
- What is the Polyglycolic Acid (PGA) Market Analysis?
- What are the Polyglycolic Acid (PGA) market opportunities and threats faced by the vendors in the global Polyglycolic Acid (PGA) Industry?
- Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
- What focused approach and constraints are holding the Polyglycolic Acid (PGA) market?
- What are the different sales, marketing, and distribution channels in the global industry?
- What are the upstream raw materials and manufacturing equipment of Polyglycolic Acid (PGA) along with the manufacturing process of Polyglycolic Acid (PGA)?
- What are the key market trends impacting the growth of the Polyglycolic Acid (PGA) market?
- Economic impact on the Polyglycolic Acid (PGA) industry and development trend of the Polyglycolic Acid (PGA) industry.
- What are the market opportunities, market risk, and market overview of the Polyglycolic Acid (PGA) market?
- What are the key drivers, restraints, opportunities, and challenges of the Polyglycolic Acid (PGA) market, and how they are expected to impact the market?
- What is the Polyglycolic Acid (PGA) market size at the regional and country-level?
- How do you find your target audience?
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With tables and figures helping analyse worldwide Global Polyglycolic Acid (PGA) market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Some Points from TOC:
1 EXECUTIVE SUMMARY 14
1.1 MARKET ATTRACTIVENESS ANALYSIS 15
1.1.1 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY PRODUCT TYPE 16
1.1.2 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY CROP TYPE 17
1.1.3 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY INSECT TYPE 18
1.1.4 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION 19
2 MARKET INTRODUCTION 20
2.1 SCOPE OF THE STUDY 20
2.2 RESEARCH OBJECTIVE 20
2.3 MARKET STRUCTURE 21
2.4 KEY BUYING CRITERIA 21
3 RESEARCH METHODOLOGY 22
3.1 RESEARCH PROCESS 22
3.2 PRIMARY RESEARCH 23
3.3 SECONDARY RESEARCH 24
3.4 MARKET SIZE ESTIMATION 25
3.5 FORECAST MODEL 26
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 27
4 MARKET INSIGHTS 28
5 MARKET DYNAMICS 30
5.1 INTRODUCTION 30
5.2 DRIVERS 31
5.2.1 GROWTH IN COMMERCIAL AGRICULTURE 31
5.2.2 RISING AWARENESS REGARDING POLYGLYCOLIC ACID (PGA) TECHNOLOGIES 31
5.2.3 DRIVERS IMPACT ANALYSIS 31
5.3 RESTRAINT 32
5.3.1 LACK OF PRODUCT KNOWLEDGE 32
5.3.2 RESTRAINT IMPACT ANALYSIS 32
5.4 OPPORTUNITIES 32
5.4.1 TECHNOLOGICAL ADVANCEMENTS IN SEVERAL TYPES OF IPM 32
5.5 CHALLENGE 33
5.5.1 COUNTERFEIT PRODUCTS IN DEVELOPING COUNTRIES 33
6 MARKET FACTOR ANALYSIS 34
7 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY PRODUCT TYPE 39
7.1 OVERVIEW 39
7.1.1 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019–2028 40
7.2.1 POLYGLYCOLIC ACID (PGA): MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 40
7.3 MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 41
7.4 OTHERS 41
7.4.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 42
8 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY CROP TYPE 43
8.1 OVERVIEW 43
8.1.1 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET ESTIMATES & FORECAST, BY CROP TYPE, 2019–2028 44
8.2 FOOD CROPS 44
8.2.1 FOOD CROPS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 44
8.3 CASH CROPS 45
8.3.1 CASH CROPS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 45
8.4 PLANTATION CROPS 45
8.4.1 PLANTATION CROPS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 46
8.5 HORTICULTURE CROPS 46
8.5.1 HORTICULTURE CROPS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 46
9 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY INSECT TYPE 47
9.1 OVERVIEW 47
9.1.1 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET ESTIMATES & FORECAST, BY INSECT TYPE, 2019–2028 48
9.2 MOTH 48
9.2.1 MOTH: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 48
9.3 WEEVIL 49
9.3.1 WEEVIL: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 49
9.4 FRUIT FLY 49
9.4.1 FRUIT FLY: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 50
9.5 BEETLE 50
9.5.1 BEETLE: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 50
9.6 OTHERS 51
9.6.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 51
10 GLOBAL POLYGLYCOLIC ACID (PGA) MARKET, BY REGION 52
10.1 OVERVIEW 52
11 COMPETITIVE LANDSCAPE 87
11.1 INTRODUCTION 87
11.1.1 MARKET STRATEGY ANALYSIS 87
11.2 COMPETITIVE BENCHMARKING 88
11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 89
11.3.1 AGREEMENT 89
11.3.2 INVESTMENT 89
11.3.3 JOINT VENTURE 89
11.3.4 PARTNERSHIP 90
12 COMPANY PROFILES 91
13 APPENDIX 117
13.1 REFERENCES 117
13.2 RELATED REPORTS 117
Detailed TOC of Global Polyglycolic Acid (PGA) Market @ https://www.360researchreports.com/TOC/14897374#TOC
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