Press release
Chitosan Market Size, Industry Share, Future Trends, Competitive Analysis and Segments Poised For Strong Growth in Future 2020-2027
AMR
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐: https://www.alliedmarketresearch.com/request-sample/1737
The key drivers for this growth include the increased use of chitofelx in hemostatic dressing and a rising demand for bio-based cosmetic products. However, the high production costs associated with chitosan production pose a challenge to market expansion. Despite this, the adoption of chitosan as a bio-plastic presents promising opportunities for industry players.
The Covid-19 pandemic impacted the chitosan market by slowing down production due to restrictions and disrupting the supply chain, leading to raw material shortages. On a positive note, recent studies indicate the antiviral effectiveness of HTCC (N- (2-hydroxypropyl) -3-trimethylammonium chitosan chloride) against SARS-CoV-2 and MERS-CoV, potentially increasing the demand for chitosan.
In terms of sources, the shrimp segment dominated in 2019, contributing over three-fourths of the global market share. It is expected to maintain its leading position, driven by high demand in water treatment and the food and beverage industry. Meanwhile, the crabs segment is anticipated to exhibit the highest CAGR of 19.8% during the forecast period, fueled by the growing use of crab waste in plantation for soil biodiversity.
The water treatment segment leads in applications, holding over one-third of the global chitosan market share in 2019. Its biodegradable nature and effectiveness in removing toxic materials contribute to its dominance, with an expected CAGR of 15.9% from 2020 to 2027.
Geographically, Asia-Pacific, followed by North America, dominated the market in 2019, accounting for nearly three-fifths of the global share. Asia-Pacific is projected to maintain its lead with the highest CAGR of 15.3% from 2020 to 2027, thanks to the easy availability of crustacean waste in coastal areas.
Key market players include Heppe Medical Chitosan GmbH, Advanced Biopolymers AS, Primex ehf, G.T.C., Bio Corporation, Novamatrix, Kitozyme S.A., Golden-Shell Pharmaceutical Co. Ltd., Agratech International, Inc., Panvo Organics Private Ltd, and Qingdao Yunzhou Biochemistry Co. Ltd."
๐๐๐ญ๐๐ข๐ง ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.alliedmarketresearch.com/chitosan-market
Contact:
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Chitosan Market Size, Industry Share, Future Trends, Competitive Analysis and Segments Poised For Strong Growth in Future 2020-2027 here
News-ID: 3324266 • Views: โฆ
More Releases from Allied Market Research (AMR)
Aluminum Wire Market Grows at 5.8% CAGR, with Asia-Pacific Holding the Highest S โฆ
The global aluminum wire market was valued at $39.5 billion in 2023 and is projected to reach $69.1 billion by 2033, registering a CAGR of 5.8% during the forecast period.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A31642
Market Drivers and Challenges:
- The market is witnessing strong growth due to the rising demand for aluminum wires across multiple end-use industries, particularly electrical transmission, power distribution, and infrastructure development. Additionally, the growing adoption ofโฆ
Graphite Recycling Industry Analysis Covering Market Size, Demand Drivers, Innov โฆ
The rapid adoption of electric vehicles (EVs) and renewable energy storage systems has significantly increased the demand for graphite, a critical material used in lithium-ion batteries. Graphite recycling is emerging as a sustainable solution to meet this growing demand while reducing dependency on virgin graphite and minimizing environmental impact, thereby driving market growth.
According to a report published by Allied Market Research titled "Graphite Recycling Market by Source, Form, and Application:โฆ
Low-E Glass Market Size, Share 2026 Analysis of Rising Business Opportunities wi โฆ
According to the report, the global low-E glass market was valued at $11.9 billion in 2022 and is projected to reach $21.0 billion by 2032, registering a CAGR of 5.9% from 2023 to 2032.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A15849
Market Drivers and Growth Dynamics:
The growth of the global low-E glass market is primarily driven by the long-term cost savings and economic benefits associated with its use. Although low-E glass involvesโฆ
Refractory Material Market Set for Rapid Growth, Demand, Scope, Size, Share, For โฆ
The global refractory material market is witnessing steady growth, primarily driven by rising iron and steel production across both developed and developing economies. Rapid infrastructure development and increasing demand from the automotive sector have significantly boosted steel output in countries such as the U.S., China, and India. Refractory materials play a critical role in steel manufacturing, providing thermal insulation and resistance in kilns, furnaces, incinerators, and other high-temperature equipment.
The globalโฆ
More Releases for AMR
NGS-based AMR Detection Market to Reach USD 1.67 Billion by 2035, Driven by Tech โฆ
The global NGS-based Antimicrobial Resistance (AMR) Detection Market is projected to experience significant expansion over the next decade. Estimated at USD 823.7 million in 2025, the market is expected to nearly double, reaching USD 1.67 billion by 2035. This robust growth, driven by a 7.3% compound annual growth rate (CAGR), is attributed to the growing global concern over antimicrobial resistance, advancements in Next-Generation Sequencing (NGS) technologies, and increasing demand forโฆ
The 73rd AMR China International Auto Parts Exhibition
Exhibition Introduction
With the further recovery of the economy, consumer confidence has been boosted and gradually restored. China's automobile industry has shown strong resilience in the ever-changing market environment and ushered in an important period of opportunity for transformation, upgrading and high-quality development.
As a highly influential automotive aftermarket industry event in northern China, especially in the Beijing-Tianjin-Hebei region, the AMR China International Automotive Maintenance, Inspection and Diagnosis Equipment, Parts and Beautyโฆ
Yeast Ingredients Market Booming $6.6Bn by 2032 | AMR
According to a new report published by Allied Market Research, titled, "Yeast Ingredients Market," The yeast ingredients market was valued at $2.9 billion in 2022, and is estimated to reach $6.6 billion by 2032, growing at a CAGR of 8.8% from 2023 to 2032.
๐๐๐๐๐ฌ๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ: https://www.alliedmarketresearch.com/request-sample/A323211
Yeast ingredients find extensive applications across diverse sectors including food & beverage, pharmaceuticals, and animal feed owing to their multifaceted properties. Despiteโฆ
Sustainability LIVE Dubai: Amr Kandil, Schneider Electric
Amr Kandil, MEA Director of Real Estate segment and New Energy Landscape at Schneider Electric to speak at Sustainability LIVE Dubai - 15 May 2024
Connecting the world's sustainability leaders, Sustainability LIVE will be returning in 2024 to bring the biggest global businesses together to deliver insightful keynotes, fireside chats, and panel discussions sharing valuable knowledge and real-world experiences.
The ultimate virtual event for sustainability and ESG leaders in the Middle Eastโฆ
AGV & AMR in Logistics Market Automated Guided Vehicles (AGV) and Autonomous Mob โฆ
The Report on "AGV & AMR in Logistics Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
Market Growth of AGV & AMR in Logistics Market: The AGV & AMR in Logistics market is experiencing robust growth driven by the increasing need for automated and efficient material handling in logistics and warehousing. Marketโฆ
The Growing Importance of the Cephalosporin Market | By AMR
Allied Market Research recently said Cephalosporins are a group of antibiotics that have been widely used in the medical industry for over 50 years. They were first discovered in 1945 by Dr. Giuseppe Brotzu, an Italian scientist, and were initially used to treat staphylococcal infections. Today, cephalosporins are used to treat a wide range of bacterial infections and are considered one of the most important classes of antibiotics.
โฆ ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐
๐ซ๐๐โฆ
