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Global Allantoin Market to grow at a CAGR of 5.76% during 2017-2021 | Ashland, Clariant, Lisbon industry, RITA

07-16-2018 07:43 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: researchmoz.us

Global Allantoin Market to grow at a CAGR of 5.76% during

Allantoin is a chemical compound, which falls under the specialty chemical category. It is also known as 5-ureidohydantoin or glyoxyldiureide. Basically, it is the diureide of glyoxylic acid and is manufactured by the degradation of purine nucleobase by urate oxidase. Allantoin is formed by the oxidation of uric acid and by the catabolism of purine. It is found in various plants such as comfrey, chamomile, and wheat sprouts. It is a major intermediate in almost all living beings except human and other higher apes. In humans, the pathway to convert uric acid to allantoin is absent. Allantoin can be processed chemically as well as naturally and is safe as a compound. In research, it was observed that the use of allantoin increased the insulin resistance in rats and extended the lifespan of worms. In bacteria, it is used as a secondary source of nitrogen.

The global allantoin market to grow at a CAGR of 5.76% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global allantoin market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- ROW

Click to get Sample PDF: https://www.researchmoz.us/enquiry.php?type=S&repid=1307228

Technavio's report, Global Allantoin Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Ashland
- Clariant
- EMD Performance Materials
- Lisbon industry
- RITA

Other prominent vendors
- Akema Fine Chemicals
- Allan Chemical
- AN PharmaTech
- BIOSYNTH
- Huanghua Suntime Chemical Industry
- Luotian Guanghui Chemical
- Sunwell chemicals
- Tokyo Chemical Industry

Market driver
- Increasing demand for anti-aging products
- For a full, detailed list, view our report

Market challenge
- Medical complication with oral consumption
- For a full, detailed list, view our report

View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-allantoin-market-2017-2021-report.html/toc

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Mr. Nachiket
Albany NY - 12207
United States
Tel: +1-518-621-2074
Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us

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