Product Code: ETC4488325 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Polyglycolic acid (PGA) is a biodegradable polymer used in various applications, including medical sutures and packaging materials. The India PGA market is influenced by the healthcare and packaging sectors. The increasing focus on sustainability and the replacement of traditional materials with biodegradable alternatives drive the demand for PGA in India.
The India Polyglycolic Acid market is primarily driven by its applications in the medical and healthcare sector. Polyglycolic acid is a biodegradable polymer used in the production of absorbable sutures, medical meshes, and tissue engineering scaffolds. With the rising healthcare needs and advancements in medical technology, there is a growing demand for high-quality medical devices and materials. The biocompatibility and biodegradability of polyglycolic acid make it a preferred choice for medical applications, driving its market growth.
The polyglycolic acid market in India faces obstacles such as the high cost of production due to complex manufacturing processes and limited availability of specialized equipment. Market players must invest in research and development to reduce production costs and make the material more cost-effective for a broader range of applications. Additionally, expanding the awareness and adoption of polyglycolic acid in various industries remains a challenge.
The COVID-19 pandemic had notable implications for the India polyglycolic acid market. Polyglycolic acid is widely used in medical applications, such as sutures and medical implants, as well as in various industrial applications. The pandemic had a mixed impact on the market, with a surge in demand for medical supplies like sutures and a decrease in demand from some industrial sectors. Lockdowns and restrictions affected the production and supply chain, and manufacturers faced challenges related to workforce availability and safety measures. To meet the increasing demand for medical supplies, some polyglycolic acid manufacturers shifted their focus. As the pandemic situation evolved, the market gradually adapted to the changing dynamics and demands of the healthcare sector, while also addressing the industrial sector`s needs.
Companies involved in the polyglycolic acid market in India include TCI Chemicals, Sigma-Aldrich India, Enzene Biosciences, and Polymers & Additives India Pvt. Ltd. These companies produce polyglycolic acid used in various applications, including medical sutures and packaging.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Polyglycolic Acid Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polyglycolic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 India Polyglycolic Acid Market - Industry Life Cycle |
3.4 India Polyglycolic Acid Market - Porter's Five Forces |
3.5 India Polyglycolic Acid Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 India Polyglycolic Acid Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Polyglycolic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for biodegradable polymers in various industries |
4.2.2 Growing awareness about environmental sustainability |
4.2.3 Government initiatives promoting the use of biodegradable materials |
4.3 Market Restraints |
4.3.1 High production costs associated with polyglycolic acid |
4.3.2 Limited availability of raw materials |
4.3.3 Lack of proper infrastructure for polyglycolic acid production and recycling |
5 India Polyglycolic Acid Market Trends |
6 India Polyglycolic Acid Market, By Types |
6.1 India Polyglycolic Acid Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 India Polyglycolic Acid Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 India Polyglycolic Acid Market Revenues & Volume, By Fibers, 2021-2031F |
6.1.4 India Polyglycolic Acid Market Revenues & Volume, By Films, 2021-2031F |
6.1.5 India Polyglycolic Acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Polyglycolic Acid Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Polyglycolic Acid Market Revenues & Volume, By Medical, 2021-2031F |
6.2.3 India Polyglycolic Acid Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 India Polyglycolic Acid Market Revenues & Volume, By Packaging, 2021-2031F |
7 India Polyglycolic Acid Market Import-Export Trade Statistics |
7.1 India Polyglycolic Acid Market Export to Major Countries |
7.2 India Polyglycolic Acid Market Imports from Major Countries |
8 India Polyglycolic Acid Market Key Performance Indicators |
8.1 Research and development investment in polyglycolic acid technologies |
8.2 Number of patents filed for polyglycolic acid innovations |
8.3 Adoption rate of polyglycolic acid in key industries such as packaging, medical, and agriculture |
9 India Polyglycolic Acid Market - Opportunity Assessment |
9.1 India Polyglycolic Acid Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 India Polyglycolic Acid Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Polyglycolic Acid Market - Competitive Landscape |
10.1 India Polyglycolic Acid Market Revenue Share, By Companies, 2024 |
10.2 India Polyglycolic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |