|12-11-2018 03:57 AM CET - Advertising, Media Consulting, Marketing Research||
Cyclodextrin Market will reach 210 million US$ in 2023
Press release from: Global Info Research
New report published by Global Info Research which offers insights on the global Cyclodextrin market.
Cyclodextrins are a group of structurally related natural products formed during bacterial digestion of cellulose. These cyclic oligosaccharides consist of (α-1,4)-linked α-D-glucopyranose units and contain a somewhat lipophilic central cavity and a hydrophilic outer surface. Due to the chair conformation of the glucopyranose units, the cyclodextrins are shaped like a truncated cone rather than perfect cylinders. The hydroxyl functions are orientated to the cone exterior with the primary hydroxyl groups of the sugar residues at the narrow edge of the cone and the secondary hydroxyl groups at the wider edge. The central cavity is lined by the skeletal carbons and ethereal oxygens of the glucose residues, which gives it a lipophilic character. The polarity of the cavity has been estimated to be similar to that of an aqueous ethanolic solution.
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Global Cyclodextrin Market: Forecast by Type / Application / Region
The Cyclodextrin industry concentration is relatively high; there are less than one hundreds manufacturers in the world, and high-end products mainly from Japan and Western European.
Companies in developing countries such as China, in contrast, put more effort on direct selling business. They can act as exports at the same time, and it is a common phenomenon in this industry. As they do not have that much international brand influence, their product quality is not good enough when comparing with leading companies, however, they have price advantage. They like to expand their market share in developing countries and low-end international market.
The worldwide market for Cyclodextrin is expected to grow at a CAGR of roughly 2.8% over the next five years, will reach 210 million US$ in 2023, from 180 million US$ in 2017, according to a new GIR (Global Info Research) study.
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United States Cyclodextrin Market 2018 Forecast to 2023
Europe Cyclodextrin Market 2018 Forecast to 2023
North America Cyclodextrin Market 2018 Forecast to 2023
Asia-Pacific Cyclodextrin Market 2018 Forecast to 2023
China Cyclodextrin Market 2018 Forecast to 2023
EMEA Cyclodextrin Market 2018 Forecast to 2023
Global Cyclodextrin Market 2018 Forecast to 2023
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