Europe Polyglycolic Acid Market Size, Share & Trends Analysis Report By Form (Fibers, Films and Others), By End User (Medical, Oil & Gas, Packaging, and Others), By Country and Growth Forecast, 2024 - 2031

The Europe Polyglycolic Acid Market would witness market growth of 9.1% CAGR during the forecast period (2024-2031). In the year 2020, the Europe market's volume surged to 9,320.2 tonnes, showcasing a growth of 18.5% (2020-2023).

Polyglycolic acid (PGA) films represent a cutting-edge development in biodegradable polymer technology. These films are created through the polymerization of glycolic acid molecules, resulting in a versatile material with a range of valuable properties. PGA films are known for their exceptional strength, flexibility, and biocompatibility, making them highly desirable for numerous applications. Therefore, the Germany would utilize 1,439.0 tonnes of Polyglycolic Acid in films segment by 2031.

The Germany market dominated the Europe Polyglycolic Acid Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $636.7 million by 2031. The UK market is exhibiting a CAGR of 8.2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 9.9% during (2024 - 2031).

The market is witnessing several notable trends and innovations shaping its trajectory and expanding its application horizons. One prominent trend is the development of bio-based feedstocks for PGA production, moving away from fossil fuel-derived sources towards renewable resources such as biomass or agricultural waste. This shift towards bio-based production enhances PGA's sustainability credentials and reduces its environmental impact and dependence on finite resources.

Another significant trend in the market is the exploration of advanced processing techniques and formulations to improve its mechanical properties and performance characteristics. Innovations in polymer blending, copolymerization, and nanostructuring yield PGA materials with enhanced tensile strength, toughness, and thermal stability, widening its application scope in industries with essential high-performance materials.

According to the Eurostat data, in 2020, Germany exhibited the most substantial healthcare expenditure of any EU Member State, amounting to a staggering €432 billion. Following Italy ($160 billion) and Spain ($120 billion) were France ($281 billion) in terms of current healthcare expenditures. Germany and France, in comparison to all other EU Member States, exhibited the highest levels of current healthcare expenditure at 12.8% and 12.2% of GDP, respectively.

Following Austria (11.5%) were Sweden (11.4%), the Netherlands (11.1%), and Belgium (11.1%), in that order. Only Denmark, Spain, and Portugal among the European Union Member States maintained double-digit ratios. In 2020, Luxembourg and Denmark exhibited the highest current healthcare expenditures among EU Member States, measured in euros and per capita, respectively (€5,875 and €5,642, respectively). Thus, the growing healthcare sector in Europe will assist in the expansion of the regional polyglycolic acid market.

Free Valuable Insights: The Global Polyglycolic Acid Market will Hit USD 11.2 Billion by 2031, at a CAGR of 9.6%

Based on Form, the market is segmented into Fibers, Films and Others. Based on End User, the market is segmented into Medical, Oil & Gas, Packaging, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• BMG Incorporated
• Huizhou Foryou Medical Devices Co., Ltd. (GL Capital Group)
• Unisur Lifecare Pvt Ltd
• Orion Sutures India Pvt Ltd
• Kureha Corporation
• Shenzhen Polymtek Biomaterial Co., Ltd
• Haihang Industry Co., Ltd. (Haihang Group)
• Polysciences, Inc.
• Teleflex Incorporated
• Merck KGaA

Europe Polyglycolic Acid Market Report Segmentation

By Form (Volume, Tonnes, USD Billion, 2020-2031)

• Fibers
• Films
• Others

By End User (Volume, Tonnes, USD Billion, 2020-2031)

• Medical
• Oil & Gas
• Packaging
• Others

By Country (Volume, Tonnes, USD Billion, 2020-2031)

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Polyglycolic Acid Market, by Form
1.4.2 Europe Polyglycolic Acid Market, by End User
1.4.3 Europe Polyglycolic Acid Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Europe Polyglycolic Acid Market by Form
4.1 Europe Fibers Market by Country
4.2 Europe Films Market by Country
4.3 Europe Others Market by Country

Chapter 5. Europe Polyglycolic Acid Market by End-user
5.1 Europe Medical Market by Country
5.2 Europe Oil & Gas Market by Country
5.3 Europe Packaging Market by Country
5.4 Europe Others Market by Country

Chapter 6. Europe Polyglycolic Acid Market by Country
6.1 Germany Polyglycolic Acid Market
6.1.1 Germany Polyglycolic Acid Market by Form
6.1.2 Germany Polyglycolic Acid Market by End-user
6.2 UK Polyglycolic Acid Market
6.2.1 UK Polyglycolic Acid Market by Form
6.2.2 UK Polyglycolic Acid Market by End-user
6.3 France Polyglycolic Acid Market
6.3.1 France Polyglycolic Acid Market by Form
6.3.2 France Polyglycolic Acid Market by End-user
6.4 Russia Polyglycolic Acid Market
6.4.1 Russia Polyglycolic Acid Market by Form
6.4.2 Russia Polyglycolic Acid Market by End-user
6.5 Spain Polyglycolic Acid Market
6.5.1 Spain Polyglycolic Acid Market by Form
6.5.2 Spain Polyglycolic Acid Market by End-user
6.6 Italy Polyglycolic Acid Market
6.6.1 Italy Polyglycolic Acid Market by Form
6.6.2 Italy Polyglycolic Acid Market by End-user
6.7 Rest of Europe Polyglycolic Acid Market
6.7.1 Rest of Europe Polyglycolic Acid Market by Form
6.7.2 Rest of Europe Polyglycolic Acid Market by End-user

Chapter 7. Company Profiles
7.1 BMG Incorporated
7.1.1 Company Overview
7.2 Huizhou Foryou Medical Devices Co., Ltd. (GL Capital Group)
7.2.1 Company Overview
7.3 Unisur Lifecare Pvt Ltd
7.3.1 Company Overview
7.4 Orion Sutures India Pvt Ltd
7.4.1 Company Overview
7.5 Kureha Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.5.4 SWOT Analysis
7.6 Shenzhen Polymtek Biomaterial Co., Ltd.
7.6.1 Company Overview
7.7 Haihang Industry Co., Ltd. (Haihang Group)
7.7.1 Company Overview
7.8 Polysciences, Inc.
7.8.1 Company Overview
7.9 Teleflex Incorporated
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Merck KGaA
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 SWOT Analysis

TABLE 1 Europe Polyglycolic Acid Market, 2020 - 2023, USD Million
TABLE 2 Europe Polyglycolic Acid Market, 2024 - 2031, USD Million
TABLE 3 Europe Polyglycolic Acid Market, 2020 - 2023, Tonnes
TABLE 4 Europe Polyglycolic Acid Market, 2024 - 2031, Tonnes
TABLE 5 Europe Polyglycolic Acid Market by Form, 2020 - 2023, USD Million
TABLE 6 Europe Polyglycolic Acid Market by Form, 2024 - 2031, USD Million
TABLE 7 Europe Polyglycolic Acid Market by Form, 2020 - 2023, Tonnes
TABLE 8 Europe Polyglycolic Acid Market by Form, 2024 - 2031, Tonnes
TABLE 9 Europe Fibers Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Fibers Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Fibers Market by Country, 2020 - 2023, Tonnes
TABLE 12 Europe Fibers Market by Country, 2024 - 2031, Tonnes
TABLE 13 Europe Films Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Films Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Films Market by Country, 2020 - 2023, Tonnes
TABLE 16 Europe Films Market by Country, 2024 - 2031, Tonnes
TABLE 17 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Others Market by Country, 2020 - 2023, Tonnes
TABLE 20 Europe Others Market by Country, 2024 - 2031, Tonnes
TABLE 21 Europe Polyglycolic Acid Market by End-user, 2020 - 2023, USD Million
TABLE 22 Europe Polyglycolic Acid Market by End-user, 2024 - 2031, USD Million
TABLE 23 Europe Polyglycolic Acid Market by End-user, 2020 - 2023, Tonnes
TABLE 24 Europe Polyglycolic Acid Market by End-user, 2024 - 2031, Tonnes
TABLE 25 Europe Medical Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Medical Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe Medical Market by Country, 2020 - 2023, Tonnes
TABLE 28 Europe Medical Market by Country, 2024 - 2031, Tonnes
TABLE 29 Europe Oil & Gas Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Oil & Gas Market by Country, 2024 - 2031, USD Million
TABLE 31 Europe Oil & Gas Market by Country, 2020 - 2023, Tonnes
TABLE 32 Europe Oil & Gas Market by Country, 2024 - 2031, Tonnes
TABLE 33 Europe Packaging Market by Country, 2020 - 2023, USD Million
TABLE 34 Europe Packaging Market by Country, 2024 - 2031, USD Million
TABLE 35 Europe Packaging Market by Country, 2020 - 2023, Tonnes
TABLE 36 Europe Packaging Market by Country, 2024 - 2031, Tonnes
TABLE 37 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 38 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 39 Europe Others Market by Country, 2020 - 2023, Tonnes
TABLE 40 Europe Others Market by Country, 2024 - 2031, Tonnes
TABLE 41 Europe Polyglycolic Acid Market by Country, 2020 - 2023, USD Million
TABLE 42 Europe Polyglycolic Acid Market by Country, 2024 - 2031, USD Million
TABLE 43 Europe Polyglycolic Acid Market by Country, 2020 - 2023, Tonnes
TABLE 44 Europe Polyglycolic Acid Market by Country, 2024 - 2031, Tonnes
TABLE 45 Germany Polyglycolic Acid Market, 2020 - 2023, USD Million
TABLE 46 Germany Polyglycolic Acid Market, 2024 - 2031, USD Million
TABLE 47 Germany Polyglycolic Acid Market, 2020 - 2023, Tonnes
TABLE 48 Germany Polyglycolic Acid Market, 2024 - 2031, Tonnes
TABLE 49 Germany Polyglycolic Acid Market by Form, 2020 - 2023, USD Million
TABLE 50 Germany Polyglycolic Acid Market by Form, 2024 - 2031, USD Million
TABLE 51 Germany Polyglycolic Acid Market by Form, 2020 - 2023, Tonnes
TABLE 52 Germany Polyglycolic Acid Market by Form, 2024 - 2031, Tonnes
TABLE 53 Germany Polyglycolic Acid Market by End-user, 2020 - 2023, USD Million
TABLE 54 Germany Polyglycolic Acid Market by End-user, 2024 - 2031, USD Million
TABLE 55 Germany Polyglycolic Acid Market by End-user, 2020 - 2023, Tonnes
TABLE 56 Germany Polyglycolic Acid Market by End-user, 2024 - 2031, Tonnes
TABLE 57 UK Polyglycolic Acid Market, 2020 - 2023, USD Million
TABLE 58 UK Polyglycolic Acid Market, 2024 - 2031, USD Million
TABLE 59 UK Polyglycolic Acid Market, 2020 - 2023, Tonnes
TABLE 60 UK Polyglycolic Acid Market, 2024 - 2031, Tonnes
TABLE 61 UK Polyglycolic Acid Market by Form, 2020 - 2023, USD Million
TABLE 62 UK Polyglycolic Acid Market by Form, 2024 - 2031, USD Million
TABLE 63 UK Polyglycolic Acid Market by Form, 2020 - 2023, Tonnes
TABLE 64 UK Polyglycolic Acid Market by Form, 2024 - 2031, Tonnes
TABLE 65 UK Polyglycolic Acid Market by End-user, 2020 - 2023, USD Million
TABLE 66 UK Polyglycolic Acid Market by End-user, 2024 - 2031, USD Million
TABLE 67 UK Polyglycolic Acid Market by End-user, 2020 - 2023, Tonnes
TABLE 68 UK Polyglycolic Acid Market by End-user, 2024 - 2031, Tonnes
TABLE 69 France Polyglycolic Acid Market, 2020 - 2023, USD Million
TABLE 70 France Polyglycolic Acid Market, 2024 - 2031, USD Million
TABLE 71 France Polyglycolic Acid Market, 2020 - 2023, Tonnes
TABLE 72 France Polyglycolic Acid Market, 2024 - 2031, Tonnes
TABLE 73 France Polyglycolic Acid Market by Form, 2020 - 2023, USD Million
TABLE 74 France Polyglycolic Acid Market by Form, 2024 - 2031, USD Million
TABLE 75 France Polyglycolic Acid Market by Form, 2020 - 2023, Tonnes
TABLE 76 France Polyglycolic Acid Market by Form, 2024 - 2031, Tonnes
TABLE 77 France Polyglycolic Acid Market by End-user, 2020 - 2023, USD Million
TABLE 78 France Polyglycolic Acid Market by End-user, 2024 - 2031, USD Million
TABLE 79 France Polyglycolic Acid Market by End-user, 2020 - 2023, Tonnes
TABLE 80 France Polyglycolic Acid Market by End-user, 2024 - 2031, Tonnes
TABLE 81 Russia Polyglycolic Acid Market, 2020 - 2023, USD Million
TABLE 82 Russia Polyglycolic Acid Market, 2024 - 2031, USD Million
TABLE 83 Russia Polyglycolic Acid Market, 2020 - 2023, Tonnes
TABLE 84 Russia Polyglycolic Acid Market, 2024 - 2031, Tonnes
TABLE 85 Russia Polyglycolic Acid Market by Form, 2020 - 2023, USD Million
TABLE 86 Russia Polyglycolic Acid Market by Form, 2024 - 2031, USD Million
TABLE 87 Russia Polyglycolic Acid Market by Form, 2020 - 2023, Tonnes
TABLE 88 Russia Polyglycolic Acid Market by Form, 2024 - 2031, Tonnes
TABLE 89 Russia Polyglycolic Acid Market by End-user, 2020 - 2023, USD Million
TABLE 90 Russia Polyglycolic Acid Market by End-user, 2024 - 2031, USD Million
TABLE 91 Russia Polyglycolic Acid Market by End-user, 2020 - 2023, Tonnes
TABLE 92 Russia Polyglycolic Acid Market by End-user, 2024 - 2031, Tonnes
TABLE 93 Spain Polyglycolic Acid Market, 2020 - 2023, USD Million
TABLE 94 Spain Polyglycolic Acid Market, 2024 - 2031, USD Million
TABLE 95 Spain Polyglycolic Acid Market, 2020 - 2023, Tonnes
TABLE 96 Spain Polyglycolic Acid Market, 2024 - 2031, Tonnes
TABLE 97 Spain Polyglycolic Acid Market by Form, 2020 - 2023, USD Million
TABLE 98 Spain Polyglycolic Acid Market by Form, 2024 - 2031, USD Million
TABLE 99 Spain Polyglycolic Acid Market by Form, 2020 - 2023, Tonnes
TABLE 100 Spain Polyglycolic Acid Market by Form, 2024 - 2031, Tonnes
TABLE 101 Spain Polyglycolic Acid Market by End-user, 2020 - 2023, USD Million
TABLE 102 Spain Polyglycolic Acid Market by End-user, 2024 - 2031, USD Million
TABLE 103 Spain Polyglycolic Acid Market by End-user, 2020 - 2023, Tonnes
TABLE 104 Spain Polyglycolic Acid Market by End-user, 2024 - 2031, Tonnes
TABLE 105 Italy Polyglycolic Acid Market, 2020 - 2023, USD Million
TABLE 106 Italy Polyglycolic Acid Market, 2024 - 2031, USD Million
TABLE 107 Italy Polyglycolic Acid Market, 2020 - 2023, Tonnes
TABLE 108 Italy Polyglycolic Acid Market, 2024 - 2031, Tonnes
TABLE 109 Italy Polyglycolic Acid Market by Form, 2020 - 2023, USD Million
TABLE 110 Italy Polyglycolic Acid Market by Form, 2024 - 2031, USD Million
TABLE 111 Italy Polyglycolic Acid Market by Form, 2020 - 2023, Tonnes
TABLE 112 Italy Polyglycolic Acid Market by Form, 2024 - 2031, Tonnes
TABLE 113 Italy Polyglycolic Acid Market by End-user, 2020 - 2023, USD Million
TABLE 114 Italy Polyglycolic Acid Market by End-user, 2024 - 2031, USD Million
TABLE 115 Italy Polyglycolic Acid Market by End-user, 2020 - 2023, Tonnes
TABLE 116 Italy Polyglycolic Acid Market by End-user, 2024 - 2031, Tonnes
TABLE 117 Rest of Europe Polyglycolic Acid Market, 2020 - 2023, USD Million
TABLE 118 Rest of Europe Polyglycolic Acid Market, 2024 - 2031, USD Million
TABLE 119 Rest of Europe Polyglycolic Acid Market, 2020 - 2023, Tonnes
TABLE 120 Rest of Europe Polyglycolic Acid Market, 2024 - 2031, Tonnes
TABLE 121 Rest of Europe Polyglycolic Acid Market by Form, 2020 - 2023, USD Million
TABLE 122 Rest of Europe Polyglycolic Acid Market by Form, 2024 - 2031, USD Million
TABLE 123 Rest of Europe Polyglycolic Acid Market by Form, 2020 - 2023, Tonnes
TABLE 124 Rest of Europe Polyglycolic Acid Market by Form, 2024 - 2031, Tonnes
TABLE 125 Rest of Europe Polyglycolic Acid Market by End-user, 2020 - 2023, USD Million
TABLE 126 Rest of Europe Polyglycolic Acid Market by End-user, 2024 - 2031, USD Million
TABLE 127 Rest of Europe Polyglycolic Acid Market by End-user, 2020 - 2023, Tonnes
TABLE 128 Rest of Europe Polyglycolic Acid Market by End-user, 2024 - 2031, Tonnes
TABLE 129 Key Information – BMG Incorporated
TABLE 130 Key Information – Huizhou Foryou Medical Devices Co., Ltd.
TABLE 131 Key Information – Unisur Lifecare Pvt Ltd
TABLE 132 Key Information – Orion Sutures India Pvt Ltd
TABLE 133 Key Information – Kureha Corporation
TABLE 134 Key Information – Shenzhen Polymtek Biomaterial Co., Ltd.
TABLE 135 Key Information – Haihang Industry CO., LTD.
TABLE 136 Key Information – Polysciences, Inc.
TABLE 137 Key Information – Teleflex Incorporated
TABLE 138 key Information – Merck KGaA

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Polyglycolic Acid Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Polyglycolic Acid Market
FIG 4 Porter’s Five Forces Analysis – Polyglycolic Acid Market
FIG 5 Europe Polyglycolic Acid Market share by Form, 2023
FIG 6 Europe Polyglycolic Acid Market share by Form, 2031
FIG 7 Europe Polyglycolic Acid Market by Form, 2020 - 2031, USD Million
FIG 8 Europe Polyglycolic Acid Market share by End-user, 2023
FIG 9 Europe Polyglycolic Acid Market share by End-user, 2031
FIG 10 Europe Polyglycolic Acid Market by End-user, 2020 - 2031, USD Million
FIG 11 Europe Polyglycolic Acid Market share by Country, 2023
FIG 12 Europe Polyglycolic Acid Market share by Country, 2031
FIG 13 Europe Polyglycolic Acid Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Kureha Corporation
FIG 15 SWOT Analysis: Teleflex INcorporated
FIG 16 Swot Analysis: Merck KGaA