Press release
Allantoin Market is estimated to be US$ 928.23 million by 2032 with a CAGR of 5.3% during the forecast period 2032 With Top Most Key Players - Cipla Health Ltd., Lubon Industry Co. Ltd., Sunwell Chemicals, Allan Chemical Corporation, WeylChem, Merck.
To know the upcoming trends and insights prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Allantoin-Market-4948
The report "Global Allantoin Market, By Source (Synthetic, Natural), By Application (Cosmetics, Hair Care Products, Oral Hygiene Products, Skin Care Products, Pharmaceutical Products, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032"
Key Highlights:
• In 2019, (PMC), it was determined that Allantoin could improve methionine-choline deficient diet in animal induced nonalcoholic steatohepatitis (NASH), by expression of ER (endoplasmic reticulum) stress-related genes & apoptotic pathways. Allantoin could improve injuries, steatosis, hepatic inflammation by playing important role in lipid metabolism, ER stress decrement, reduction of apoptosis agents and gene expression in animal induced NASH.
• In 2021, (PMC), physically cross-linked Chitosan and PVA Hydrogels which contains Honey and Allantoin showed more remarkable antibacterial activity against Staphylococcus aureus and can be used in skin tissue engineering and wound healing.
Analyst View:
Rise in applications in pharmaceutical products has given rise in use of allantoin market due to its anti-inflammatory properties and wound healing properties in minor scars, burns, etc. Allantoin provides soothing effect and thus used in cosmetics and hair-care products giving shiny glossy effect on hairs. Rapid growth in cosmetic industries and new innovations in research & development of cosmetic product has fueled the allantoin market growth. Change in lifestyle has enhanced rise in cosmetic industries. However, wide variety of applications and rising urbanization is expected to have positive impact on allantoin market growth. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on"Global Allantoin Market, By Source (Synthetic, Natural), By Application (Cosmetics, Hair Care Products, Oral Hygiene Products, Skin Care Products, Pharmaceutical Products, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032"
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https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/4948
Segments Covered in the Report:
Global Allantoin Market, By Source:
• Synthetic
• Natural
Global Allantoin Market, By Application:
• Cosmetics
• Hair Care Products
• Oral Hygiene Products
• Skin Care Products
• Pharmaceutical Products
• Others
Key Market Insights from the report:
Global Allantoin Market accounted for US$ 555.98 million in 2022 and is estimated to be US$ 928.23 million by 2032 and is anticipated to register a CAGR of 5.3%. The Global Allantoin Market is segmented based on Source, Application and Region.
• Based on Source, Global Allantoin Market is segmented into Synthetic, Natural.
• Based on Application, Global Allantoin Market is segmented into Cosmetics, Hair Care Products, Oral Hygiene Products, Skin Care Products, Pharmaceutical Products, and others.
• By Region, the Global Allantoin Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Competitive Landscape & their strategies of Global Allantoin Market:
The prominent players operating in the Global Allantoin Market includes, Cipla Health Ltd., Lubon Industry Co. Ltd., Sunwell Chemicals, Allan Chemical Corporation, WeylChem, Merck KGaA, Rita Corporation, Luotian Guanghui Chemical Co. Ltd., EMD Performance Materials Corporation, AN PharmaTech, Akema Fine Chemicals, Ashland Inc., BIOSYNTH, etc.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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