Global Polyglycolide Acid (PGA) market is experiencing transformative growth, with its valuation reaching USD 51.5 million in 2024. Industry projections indicate an explosive CAGR of 19.8% through 2031, potentially reaching USD 177 million. This remarkable expansion reflects the material's critical role in medical applications and eco-friendly packaging solutions across developed and emerging economies.
Polyglycolide Acid, a biodegradable polymer with exceptional mechanical properties, has become indispensable in sutures, drug delivery systems, and sustainable packaging. Its unique combination of strength, biocompatibility, and rapid degradation kinetics positions it as a material of choice for industries transitioning toward circular economy principles.
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