Report : Chitosan Market Size, Share, Growth, Segmentation’s and Revenue Forecasts 2014 to 2021
The new research report on Chitosan Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 to 2021.
Chitosan is an organic carbohydrate polymer derived from chitin. Chitin is a naturally occurring long chain polymer found abundantly in crustacean marine animals such as crabs, lobsters, shrimps and squids. Chitosan is also derived from fungal source through substrate fermentation. Chitosan has properties such as biocompatibility, biodegradability, non-toxicity, and adsorption.
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The chitosan market is classified according to application as water treatment, biomedicine & pharmaceutical, industrial, food & beverages, cosmetics, agrochemical and others (including fuel cells, photographic products, etc.). Water treatment is the largest application of chitosan. It is generally used as a flocculants to treat wastewater. Chitosan is used to treat organic as well as inorganic compounds that are present in water. In addition, it is used in wastewater treatment technology due to its properties such as easy availability, biodegradability and non-toxic nature. Agrochemical application is expected to be the fastest growing segment during the forecast period.
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The key drivers of chitosan market are increasing demand from water treatment and cosmetics applications. The demand for wastewater treatment chemicals is high due to rising urban population and industrialization. The increasing demand for organic cosmetics and application of chitosan in skin care, hair care and oral care cosmetic is expected to boost the market. The key constraints of this market are high production cost of good quality chitosan. The chitosan-based dietary supplements have growth opportunities due to its fat binding and weight reduction properties. The chitosan nanoparticles also have opportunities in many applications due to their higher reactivity and applicability, especially in biomedicine and pharmaceutical applications.
Best Region Of Market :
Asia Pacific is the fastest growing region and expected to grow during the forecast period. The demand for chitosan is the highest in North America, which imports from Asia Pacific. The key companies operating in this market are GTC Bio Corp., Biothera, XianjuTengwang Chitosan Factory, PT Biotech Surindo, Primexehf, Heppe Medical Chitosan GmbH, Panvo Organics Pvt. Ltd. MC Health and Nutrition, Golden-Shell Pharmaceutical Co. Ltd., and KitoZyme S.A.
Market Report Analysis By :
Decision Databases is involved in providing research reports and company profiles in the global chitosan market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market.
SEGMENTATIONS IN REPORT :
Chitosan By Application :
1. Water Treatment
2. Biomedicine & Pharmaceutics
4. Food & Beverages
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