Press release
Worldwide Allantoin 2018 Topmost Key Merchant Ashland Inc., Clariant, Rita Corporation, Akema Fine Chemicals Insight 2026
Market Overview:According to Market Prognosis, the Global Allantoin Market is accounted for $440.0 million in 2017 and is expected to reach $887.0 million by 2026 growing at a CAGR of 8.1% from 2017 to 2026. Rising product demand for the manufacturing of different personal care products, growing demand for anti-aging product, mounting scope of applications of allantoin in the pharmaceutical products, such as eye drops and skin care creams, are some of the factors fueling the market growth. However, allantoin causes liver damage which is restricting the market growth.
Allantoin is a white powder formed by oxidation of uric acid and major excretory product of purine degradation in many vertebrates. It is present in allantoic fluid, amniotic fluid and fetal urine. It is used medicinally to promote tissue growth. It is present in botanical extracts of the comfrey plant and in the urine of various mammals. Different kinds of allantoin salts can be used in the personal care and cosmetics industries such as allantoin salts of vitamin C, allantoin ascorbate, and allantoin salts of vitamin B7. Allantoin that is used in cosmetics and personal care products is processed from urea and glyoxylic acid.
Amongst application, Oral hygiene segment accounted for significant shares in the global market. It is one of the important factors for everyday life irrespective of an individual's age. Allantoin is used in the preparation of toothpaste and mouthwash which reduces cavity and mouth ulcers. There are many social responsibility activities ongoing in developing countries and the results also showing a positive impact in sale of Oral hygiene products like mouthwashes and toothpastes. The Asia Pacific dominated the market due to rapid growth for the cosmetics industry in this region on account of rising consumer disposable income and changing lifestyle.
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Top Industry Players:
Some of the key players in Allantoin market include Ashland Inc., Clariant, Rita Corporation, Akema Fine Chemicals, Huanghua Suntime Chemical Industry Co. Ltd., Zhanhua Jinyuan Lide Biotechnology Co. Ltd., Luotian Guanghui Chemical Co. Ltd., Allan Chemical Corporation, EMD Performance Materials Corporation, Lubon Industry Co. Ltd., BIOSYNTH, Lisbon industry, AN PharmaTech, Sunwell chemicals and Tokyo Chemical Industry.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Market Segments:
Market segment by Regions/Countries, this report covers
• United States
• EU
• Japan
• China
• India
• Southeast Asia
Applications covered:
• Oral Hygeine
• Cosmetics
• Pharmaceuticals
• Other Applications
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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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