Transparency Market Research (TMR) has recently
published a market study on the global chitosan market, estimating it
to expand at a healthy CAGR of 17.70% during the period from 2014 to
2020 and reach a market value of US$4.20 bn by the end of the
forecast period.The report titled, “Chitosan Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 -
2020”, states that the worldwide chitosan market stood at US$1.35
bn in 2013. In terms of production, the market is likely to register
a CAGR of 16.0% during the forecast period, states the research
report.The rapid increase in the water treatment applications across
the world, coupled with rising usage of cosmetics having organic
ingredients, is propelling the global chitosan market significantly.
This 95 page report gives readers a comprehensive
overview of the Chitosan market. Browse through 12 data tables and 18
figures to unlock the hidden opportunities in this market@
The report analyzes the worldwide market for chitosan
on the basis of its application. Water treatment plants, industrial
units, food & beverages sector, biomedicine and pharmaceuticals,
cosmetics, agrochemicals, and other industries such as fuel cells and
photographic products are the major application areas of chitosan.
The water treatment segment is the biggest consumer of chitosan in
the global arena. However, the agrochemical segment is likely to
report the fastest growth among all the application segments over the
forecast period. At present, it holds around 5% of the demand
generated for chitosan globally.
As per the market report, North America, Asia
Pacific, Europe, and the Rest of the world are the major regional
markets for chitosan. Asia Pacific leads the global chitosan market
at present and is closely followed by Europe and North America. In
2013, Asia Pacific held more than 55% of the overall market. China
and Japan are the key producers of chitosan in this region.On the
other hand, the chitosan market in the Rest of the World is likely to
report the fastest growth rate, in terms of volume produced, over the
forecast period, notes the study.
Further, the report states that North America has
acquired the leading position in the global chitosan market in terms
of demand. The increasing demand for cosmetics as well as biomedical
and pharmaceutical products has propelled the chitosan market in this
region.The competitive landscape prevalent in the global chitosan
market has also been presented in this report based on the analysis
of company profiles of major players. According to the report, the
market is highly fragmented owing to the presence of a high number of
market players.
Get accurate market forecast and analysis on the
Chitosan market. Request a sample to stay abreast on the key trends
impacting this market@
GTC Bio Corp., Biothera, Xianju Tengwang Chitosan
Factory, PT Biotech Surindo, Primex ehf, Heppe Medical Chitosan GmbH,
Panvo Organics Pvt. Ltd. MC Health and Nutrition, Golden-Shell
Pharmaceutical Co. Ltd., and KitoZyme S.A. are the key participants
operating in the worldwide market for chitosan, states the research
report.
The global chitosan market is segmented into:
By Application
- Water treatment
- Biomedicine & pharmaceutics
- Industrial
- Food & beverages
- Cosmetics
- Agrochemical
- Others (Including fuel cells, photographic products, etc.)
By Region
- North America
- Europe
- Asia Pacific
- Rest of the World
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Us
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company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision
makers. TMR’s experienced team of analysts, researchers, and
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techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team
of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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