Chitosan Market by Application- Global Industry Analysis and Forecast to 2023
Chitosan Market from Qurate’s Repository provides detailed information, in-depth analysis, and forecast which is developed by a team of experts and professionals
(EMAILWIRE.COM, August 21, 2018 ) Industry Outlook and Trend Analysis
The global Chitosan Market was worth USD 3.05 billion in 2014 and is expected to reach approximately USD 7.53 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 10.57% during the forecast period. The high development of this market is attributable to its high usage in cosmetics, medical, water treatment, and cosmetics industry. Chitosan is marketed under different product grades, for example, food & beverage, pharmaceutical and industrial relying on the purity of the product. Expanding interest for the product in waste water treatment to expel contaminations including oil, phosphorous and heavy minerals is foreseen to be the key driver for the development over the figure time frame.
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Application Outlook and Trend Analysis
The demand of chitosan in waste water was esteemed at over USD 220 million in 2015. Developing interest for waste water treatment in different end-use businesses including the textile, dairy, chemical, paper & pulp and metal slicing is foreseen to impel request throughout the following years. It can possibly expel heavy metals from water, subsequently, has wide application scope for treating industrial wastewater.
Regional Outlook and Trend Analysis
Chitosan demand in food & beverage sector in Asia Pacific was esteemed over USD 45 million in 2015. The quick development of pharmaceutical and cosmetics, food & beverage industry in nations including China, Korea and India is foreseen to positively affect the development over the figure period. Japan has been commanding the chitosan market in the course of recent years inferable from the existence of plenteous raw material combined with early awareness in regards to the advantages rendered by the product.
Competitive Insights
Simplicity of crude material accessibility combined with rising application scope for various evaluations of the product in applications including food & beverage, cosmetics and pharmaceutical is foreseen to open new opportunities for the market contestants over the conjecture time frame. The leading players in the market are FMC Corporation, Advanced Biopolymers AS, DAINICHISEIKA COLOR & CHEM MFG CO LTD, Agratech LLC, Biophrame Technologies, Kraeber & Co GmbH and Foodchem International Corporation.
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The Chitosan Market is segmented as follows-
By Application:
Pharmaceutical & biomedical
Cosmetics
Water Treatment
Food & beverage
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
South Africa
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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The global Chitosan Market was worth USD 3.05 billion in 2014 and is expected to reach approximately USD 7.53 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 10.57% during the forecast period. The high development of this market is attributable to its high usage in cosmetics, medical, water treatment, and cosmetics industry. Chitosan is marketed under different product grades, for example, food & beverage, pharmaceutical and industrial relying on the purity of the product. Expanding interest for the product in waste water treatment to expel contaminations including oil, phosphorous and heavy minerals is foreseen to be the key driver for the development over the figure time frame.
Get Free Sample Report@ https://www.qurateresearch.com/report/sample/CnM/QBI-CMR-CnM-54668
Application Outlook and Trend Analysis
The demand of chitosan in waste water was esteemed at over USD 220 million in 2015. Developing interest for waste water treatment in different end-use businesses including the textile, dairy, chemical, paper & pulp and metal slicing is foreseen to impel request throughout the following years. It can possibly expel heavy metals from water, subsequently, has wide application scope for treating industrial wastewater.
Regional Outlook and Trend Analysis
Chitosan demand in food & beverage sector in Asia Pacific was esteemed over USD 45 million in 2015. The quick development of pharmaceutical and cosmetics, food & beverage industry in nations including China, Korea and India is foreseen to positively affect the development over the figure period. Japan has been commanding the chitosan market in the course of recent years inferable from the existence of plenteous raw material combined with early awareness in regards to the advantages rendered by the product.
Competitive Insights
Simplicity of crude material accessibility combined with rising application scope for various evaluations of the product in applications including food & beverage, cosmetics and pharmaceutical is foreseen to open new opportunities for the market contestants over the conjecture time frame. The leading players in the market are FMC Corporation, Advanced Biopolymers AS, DAINICHISEIKA COLOR & CHEM MFG CO LTD, Agratech LLC, Biophrame Technologies, Kraeber & Co GmbH and Foodchem International Corporation.
Enquiry About Report@ https://www.qurateresearch.com/report/enquiry/CnM/QBI-CMR-CnM-54668
The Chitosan Market is segmented as follows-
By Application:
Pharmaceutical & biomedical
Cosmetics
Water Treatment
Food & beverage
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
South Africa
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Enquiry for Discount@ https://www.qurateresearch.com/report/discount/CnM/QBI-CMR-CnM-54668
Contact Information:
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
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Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results