Press release
Global Tannin Market Size and Forecast to Grow at a CAGR of 5.93% By 2021
The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.Acute Renal Failure Market: Industry Size, Share, Growth, Forecasts.
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Tannin is an organic substance that is present in barks, tissues, leaves, and brownish or yellowish, bitter-tasting fruits of several plants. The tannin content in plants is quite high. Tannin in plants protects them from predation and helps in growth regulation. Fruits rich with tannin are blueberries, cranberries, strawberries, pecans, grapes, and oranges. Tannin is used in a wide variety of applications. It is also used in burns and cuts for healing and lower the bleeding.
Technavios analysts forecast the global tannin market to grow at a CAGR of 5.93% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global tannin market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Tannin 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
Ajinomoto OmniChem
Laffort
TANAC
Tannin Corporation
W. ULRICH
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Other prominent vendors
EVER
Forestal Mimosa
Jyoti Dye Chem Agency
Maganlal Shivram & Company
Mimosa Extract Company
POLSON
Zhushan County Tianxin Medical & Chemical Co.
Market driver
High demand from leather tanning
For a full, detailed list, view our report
Market challenge
Harmful effects of tannin on humans
For a full, detailed list, view our report
Market trend
Development of new technologies and R&D activities in automotive industry
For a full, detailed list, view our report
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?
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