Press release
Chitosan Market Analysis, 2017 – 2024: Industry Emerging with a Faster Growth Rate.
Chitosan Market size is expected to reach USD 7.90 billion by 2024; according to a new research report by Global Market Insights, Inc.
Water treatment dominated the application base and accounted for over 30% of chitosan market share in 2015. Rapid industrialization in BRIC nations accompanied with growing urban population has propelled clean water demand across the globe owing to positively influence industry growth from 2016 to 2024. Whereas, biomedical & pharmaceuticals is projected to expand at greater rate over 17% owing to increasing health issues such as obesity.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/760
It is a coagulant for organic and inorganic compounds present in water, also used as chelating agent to bind toxic heavy metals that are present in industrial wastewater. Rising product demand in water treatment applications owing to its biodegradability, non-toxic nature, and easy availability is anticipated to complement chitosan market size by 2024. In addition, increasing water pollution in countries such as China, India, and Malaysia will further complement industry growth.
It is also a commercially viable substitute for hyaluronic acid, which is used widely in anti-aging cosmetics. Some recently additions anti-aging products containing chitosan are Murad White Brilliance, La Prairie White Caviar Illuminating Serum, and Murad Intensive Resurfacing Peel. These compounds are used in creams, lipsticks, lotions, pack materials, and nail enamels as well. Furthermore, apart from skin care products, they are also used to manufacture hair care and oral care products. They possess the ability to form an elastic film on hair, thereby imparting softness and physical strength to hair fiber. Increasing consumer’s awareness towards physical appearance is likely to upsurge chitosan market growth over the forecast timeframe.
Browse key industry insights spread across 102 pages with 93 market data tables & 10 figures & charts from the report, “Chitosan Market Size By Application (Water Treatment, Biomedicine & pharmaceuticals, Industrial, Food & Beverage, Cosmetics, Agrochemical), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Russia, Poland, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC) Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/chitosan-market
Key insights from the report include:
• Water treatment application generated revenue more than USD 300 million in 2015. Rapid industrialization resulting in rising clean water demand is forecast to propel global chitosan market size for water treatment application.
• Food & Beverage application is anticipated to witness gains at over 16% application. Improved consumer lifestyles along with changing food habits will drive industry growth from 2016 to 2024.
• Cosmetics application was valued at over USD 500 million in 2015. Increasing product use in hair care, anti-aging creams, and dental care products will positively influence industry growth. For instance, cosmetics giant L'Oréal uses chitosan as an ingredient to manufacture a wide product range.
• North America, driven by U.S. chitosan market size, generated revenue more than USD 550 million in 2015. Increasing health awareness amongst consumers and high obesity rate in the region is likely to boost industry growth over the forecast timeframe.
• Asia Pacific dominated the chitosan market share and accounted approximately half of the global revenue in 2015. Fast growing industrial sector and improving customer’s lifestyle in the region will compliment industry growth by 2024. In addition, agrochemical is anticipated to be the fastest growing application in the region.
• Global chitosan market share is competitive. Major industry participants are Panvo Organics Pvt., Ltd, GTC Bio Corporation, Xianju Tengwang Chitosan Factory, and KitoZyme S.A. Others notable players include Golden-Shell Pharmaceutical Co., FMC Health and Nutrition, PT Biotech Surindo, and Panvo Organics Pvt., Ltd.
• Chitosan manufacturing companies such as Golden Shell Pharmaceutical Co., Ltd., Biothera, GTC Bio Corporation, Panvo Organics Pvt., Ltd. source raw materials and manufacture chitosan with varying molecular weights as required by the target market.
Make an Inquiry before buying this report @ https://www.gminsights.com/inquiry-before-buying/760
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Email: sales@gminsights.com
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 Analysis, 2017 – 2024: Industry Emerging with a Faster Growth Rate. here
News-ID: 950705 • Views: …
More Releases from Global Market Insights, Inc
Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Syst …
Growing demand for fast and accurate diagnostic tools is expected to drive point of care ultrasound market growth in the ensuing years. Point-of-care ultrasound (POCUS) has become a standard tool in the emergency department, as it answers to specific clinical queries that narrow differentials, guide clinical therapy, and direct consultations and disposition.
Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small…
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bh …
Medical Tourism Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Every year millions of people travel abroad seeking medical treatment and efficient surgical procedures such as cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery which is referred to…
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Heal …
Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Researchers at Northwestern University have designed a new AI-based platform that analyses lung X-rays and detects COVID-19. The machine-learning (ML) algorithm, named DeepCOVID-XR, was able to outperform a…
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad Inte …
Biosensors Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Rising incidences of several serious disorders among the global population has evoked the need to detect these at early stages in order to obtain appropriate treatment on time. This…
More Releases for Chitosan
Chitosan Market Exceptional Business Performance | Qingdao Yunzhou Biochemistry …
Report Ocean releases a new report about Global Chitosan Market analysis and insights, which aims to provide deep insight into numerous factors that are vital to the growth of this industry.
The information presented in this report will chart trends in the market, analyst opinions and views, competitive landscapes, and key regions from a systematic perspective. A report on the Global Chitosan Market provides an analysis of the key trends in…
Global Chitosan Market || keyplayers Panvo Organics Pvt., Ltd., KitoZyme S.A., X …
Chitosan is a type naturally occurring polymer derived from chitin which is procured from hard outer shells of crab, crayfish, shrimp and squid. Chitosan has a wide industrial application namely in water treatment, food & beverages, medical and pharmaceuticals etc. and has unique biological properties such as biocompatibility, biogradeable, antimicrobial, mucoadhesion and anticholesterolemic. It is also used in medicines in order to cure diseases such as Crohn’s disease, obesity, and…
Chitosan Market | KitoZyme S.A., GTC Bio Corporation, Panvo Organics Pvt., Ltd., …
Chitosan is a kind of carbohydrate with number of sugar molecules bonded closely. It consist of chitosan and chitin are two renewable and naturally abundant polymers having significant properties such as biodegradability, nature-friendly, adsorption, and non-toxicity. This compound has several usage in the industry such as cosmetics, water treatment, and agrochemicals. Chitosan is extracted from the outer shell of crustaceans for example shrimps, lobsters, crabs and others. The major reason…
Chitosan Quaternary Ammonium Salt Market Growth
This report studies the Chitosan Quaternary Ammonium Salt Sales Market status and outlook of global and major regions, from angles of players, regions, product and end Application/industries; this report analyzes the top players in global and major regions.
In this report, the global Chitosan Quaternary Ammonium Salt market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at…
Chitosan Market : Comprehensive study explores Huge Growth by Dainichiseika, Kit …
HTF MI recently introduced Chitosan Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are FMC(NovaMatrix), Biothera, Seagarden, Primex, Meron, Advanced Biopolymers AS, Koyo Chemical, Dainichiseika, KitoZyme, United…
Global Chitosan and Chitosan Derivatives Market Applications & Investments 2018
Qyresearchreports include new market research report "Global Chitosan and Chitosan Derivatives Sales Market Report 2018" to its huge collection of research reports.
The world Chitosan and Chitosan Derivatives market has been meticulously researched on and studied and detailed on in this publication with the help of advanced primary and secondary research that has been performed by the best of analysts and using the best of the available techniques. The publications that…
