Chitosan Market To Surpass USD 28.93 Billion By 2027, Owing To Increasing Consumption Of Bio-Derived Products To 2027

  

Chitosan Industry Overview

 

The global chitosan market size is projected to reach USD 28.93 billion by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a revenue-based CAGR of 24.7% during the forecast period. Increasing consumption of bio-derived products in water treatment, cosmetics, food and beverage, and pharmaceutical industries is likely to derive the growth.

 

Chitosan is marketed under various grades, such as industrial, pharmaceutical, and food depending upon the purity of the product. In the pharmaceutical industry, it is used as diluents for tablets, a binder in wet granulations, dis-integrant, drug carrier, and absorption enhancer. In addition, chitosan and its derivatives can easily penetrate the plasmatic membrane of microorganisms and kill bacteria, fungi, and other parasites. Hence, is used for treating infections in orthopedic, neurological, gynecological, and cardiovascular surgical procedures.

 

Chitosan Market Segmentation

Grand View Research has segmented the global chitosan market report on the basis of application and region:

 

Based on the Application Insights, the market is segmented into water treatment, pharmaceutical & biomedical, cosmetics, food & beverage and others

  • Water treatments were the largest application segment, owing to its growing demand from industrial, commercial, and municipal waste treatment plants.
  • Its superb ability to remove pesticides, surfactants, phenol, and polychlorinated biphenyls from wastewater find application as flocculating, coagulating, and a chelating agent in their purification.
  • Another significant application includes use as an antimicrobial agent in food processing and its packaging industries. It acts as a fungicide, offers freshness and health benefits when mixed with dietary supplements. In addition, its ability to enhance immunity, reduce blood sugar, and decrease blood pressure are expected to be key factors driving the demand in the food and beverage industry.

 

Chitosan Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa (MEA)

 

Key Companies Profile & Market Share Insights

The major business players in the industry invest in cost-effective and safer production methodologies. Market leaders are also trying to expand their product portfolio by focusing on developing a wide range of chitosan products, based on their purity levels, which can be suitable according to applications of end-use industries. The majority of key companies are located near the coastal areas across the world, in order to get easy access to the raw materials.

 Some prominent players in the global chitosan market include:

  • Kyowa Technos Co., Ltd.
  • Dainichiseika Color & Chemicals Mfg. Co. Ltd.
  • KIMICA Corporation.
  • Biophrame Technologies
  • Heppe Medical Chitosan GmbH
  • Meron Biopolymers
  • Qingdao Yunzhou Biochemistry Co.
  • Golden-Shell Pharmaceutical Co. Ltd
  • FMC Corp.

 

Order a free sample PDF of the Chitosan Market Intelligence Study, published by Grand View Research.

 

 

Comments

Post a Comment

Popular posts from this blog

Water and Wastewater Treatment Industry ESG Thematic Report, 2022: Astra ESG Solutions

Image
      With the world observing unprecedented challenges and the influence of climate change, the water and wastewater treatment industry size could be pronounced on the back of bullish investment in a sustainable future. Developments of environmental, social and governance practices will help stockholders map impacts to their value chain, enable performance reporting and tracking and exhibit a corporate commitment to sustainable growth. Industry leaders are expected to shift their attention to the impact of water shortages, soaring prices, and surging regulations in their decision-making. Stakeholders are emphasizing 4R—reduce, reuse, recycle and reclaim—to streamline wastewater treatment and propel ESG compliance. Investors and consumers are poised to focus on the ESG profile and minimize operational risks amidst concerns about pollution, energy consumption, climate change, and the rising usage of chemicals.    The World Resources Institute forecasts a 56% deficit of freshwater by 203
Read more

Diesel Generator Sets Industry, 2018 Research Report in EMEA (Europe, Middle East and Africa) Market

Image
In this report, the EMEA Diesel Generator Sets market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this report split EMEA into Europe, the Middle East and Africa, With sales (K Units), revenue (Million USD), market share and growth rate of Diesel Generator Sets for these regions, from 2013 to 2025 (forecast) • Europe: Germany, France, UK, Russia, Italy and Benelux; • Middle East: Saudi Arabia, Israel, UAE and Iran; • Africa: South Africa, Nigeria, Egypt and Algeria. Request a Free Sample Copy of Diesel Generator Sets Industry Report @ https://www.radiantinsights.com/research/emea-europe-middle-east-and-africa-diesel-generator-sets-industry-2018/request-sample EMEA Diesel Generator Sets market competition by top manufacturers/players, with Diesel Generator Sets sales volume (K Units), price (USD/Unit), revenue (Million USD) and market share for each manufactu
Read more

Specialty Chemicals Market To Create Business Opportunities, Due To High Demand of Flavor & Fragrances Till 2028

  Specialty Chemicals Industry Overview   The global  specialty chemicals market  size is expected to reach USD 824.1 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Higher performance achieved by the application of specialty chemicals when compared to their conventional counterparts is expected to be one of the prime market growth factors.   According to the European Chemical Industry Council (Cefic), specialty chemicals accounted for more than 25.0% of the total production in the EU region in FY 2018. Increasing disposable income, growing awareness, healthcare spending, construction spending, infrastructural development, and population growth are factors likely to increase the product sales across end-use industries such as construction, personal care, and cosmetics, pharmaceutical and nutraceuticals, food, automotive, and electronics. It is further expected to be accelerated by the growing consumer demand
Read more