The Asia Pacific Polyglycolic Acid Market is estimated to grow at a CAGR of around 11.2% during the forecast period, i.e., 2024-30.
Key Findings of the Study: Asia Pacific Polyglycolic Acid Market
Asia Pacific Polyglycolic Acid Market Driver: Rising Demand for Packaged Food to Propel Growth of Sustainable Packaging
The growing working population, has led to increasingly busy schedules. As a result, there is a rising demand for convenient food options such as packaged foods and ready-to-eat meals. Furthermore, governments across the countries have introduced various initiatives to encourage sustainable packaging practices. This results in the food & beverage companies increasingly adopting sustainable packaging methods to reduce the harm caused by packaging materials to the shelf life of food. Hence, this sustainable packaging includes the incorporation of polyglycolic acid material which is expected to impact their market growth in the forthcoming period.
In 2024, the National Mission on Sustainable Packaging Solution's introduction was announced by the Council of Scientific and Industrial Research (CSIR). The mission aims to develop solutions for sustainable packaging.
Access Free Sample Report - https://www.marknteladvisors.com/query/request-sample/apac-polyglycolic-acid-market.html
Scope of the Report and Asia Pacific Polyglycolic Acid Market Segmentation
By End User
-Medical
-Oil & Gas
-Packaging
-Others (Agriculture, Manufacturing, etc.)
- The medical sector holds a considerable market share in the Asia Pacific Polyglycolic Acid Market.
By Form
-Composites
-Film
-Fiber
-Others (Plate, Rod, etc.)
Top leading companies in the Asia Pacific Polyglycolic Acid Market includes:
BMG Incorporated, Kureha Corporation, Merck KGaA, Polysciences Inc., Huizhou Foryou Medical Devices Co., Ltd., Haihang Industry, Teleflex Incorporated, Hefei TNJ Chemical Industry Co.,Ltd., Polylactide, Inc., Vizag Chemicals, Others
For more detailed information about the Asia Pacific Polyglycolic Acid market report, click here – https://www.marknteladvisors.com/research-library/apac-polyglycolic-acid-market.html
Geographical analysis:
China
Japan
India
South Korea
Australia
Singapore
Vietnam
The Philippines
Rest of Asia-Pacific
- China holds a significant market share in the Polyglycolic Acid (PGA) market of Asia Pacific.
Note: If you require specific information not covered in the current report, we can provide it through customized option
Related Reports: -
Why choose Us?
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
For Media Inquiries, Please Contact:
Call: +1 628 895 8081 | +91 120 4278433
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
