Press release
Allantoin Market: Global Industry growing at a CAGR of 8.1% |Top Key Players: Ashland, Clariant, Pharmatech and The Lisbon Group, LLC
Research for Markets
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.
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The Report on the Allantoin market offers explain knowledge on the market parts like dominating players, Regions Covered (North America, Europe, Asia Pacific, South America and Middle East & Africa).
SOME OF THE KEY PLAYERS IN GLOBAL 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
• Tokyo Chemical Industry
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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.
Applications covered:
• Oral Hygeine
• Cosmetics
• Pharmaceuticals
• Other Applications
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.
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
- 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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About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com
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