Pharmiweb ChannelsAll | PharmaCo | Clinical Research | R&D/BioTech | Sales/Mktg | Healthcare | Recruitment | Pharmacy | Medical Comms

Pharmiweb.com RSS Feed Pharmiweb.com RSS Feeds

Advertising

Press Release

Opportunity Outlook on the Global Chitosan Market to 2022: A $1.08 Billion-Projected Industry - ResearchAndMarkets.com

Research and Markets
Posted on: 24 Oct 18

The "Chitosan Market by Grade (Industrial, Food, and Pharmaceutical), Application (Water Treatment, Food & Beverages, Cosmetics, Medical & Pharmaceuticals, and Agrochemicals), and Region (Asia Pacific, North America, Europe, Row) Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The chitosan market is projected to grow from USD 553.6 Million in 2017 to USD 1,088 Million by 2022, at a CAGR of 14.5% between 2017 and 2022.

The chitosan market has been classified into three grades, namely, industrial grade, food grade, and pharmaceutical grade. Industrial grade chitosan is most commonly used in a wide range of applications due to its low cost. The non-toxicity of chitosan enables its use in the treatment of the potable water and industrial wastewater. The typical applications of the industrial grade chitosan are water treatment, agrochemicals, pulp & paper, and textiles.

Based on application, the chitosan market has been classified into water treatment, food & beverages, cosmetics, medical & pharmaceuticals, agrochemicals, and others. Among applications, the water treatment segment is projected to lead the chitosan market, in terms of value during the forecast period. The growth of the water treatment application segment of the chitosan market can be attributed to the increased use of chitosan for treating water due to its biosorbent ability, which enables it to remove pollutants from wastewater.

Market Dynamics

Drivers

  • Unique Properties of Chitosan
  • Availability of Abundant Raw Material

Restraints

  • Regulations and Compliances Related to Shrimp Farming

Opportunities

  • Growing Awareness About Health Globally
  • Production of Chitosan from Non-Aquatic Sources

Challenges

  • Disadvantages of Using Chitosan in Drug Delivery System
  • Instability of Chitosan in Some Applications

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Chitosan Market, By Grade

7 Chitosan Market, By Application

8 Chitosan Market, By Region

9 Company Profiles

  • Advanced Biopolymers AS
  • Agratech
  • Bio21 Co. Ltd.
  • G.T.C. Bio Corporation
  • Heppe Medical Chitosan GmbH
  • Kitozyme S.A.
  • Koyo Chemical Co. Ltd.
  • Ningbo Zhenhai Haixin Biological Products Co. Ltd.
  • Panvo Organics Pvt. Ltd.
  • Primex EHF
  • PT Biotech Surindo
  • Qingdao Yunzhou Biochemistry Co. Ltd.
  • Taizhou City Fengrun Biochemical Co. Ltd.
  • Vietnam Food
  • Weifang Haizhiyuan Biological Products Co. Ltd.
  • Xianju Tengwang Chitosan Factory
  • Zhejiang Golden-Shell Pharmaceutical Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/tgdkhc/opportunity?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20181024005419/en/

Business Wire
www.businesswire.com

Last updated on: 24/10/2018

Advertising
Site Map | Privacy & Security | Cookies | Terms and Conditions

PharmiWeb.com is Europe's leading industry-sponsored portal for the Pharmaceutical sector, providing the latest jobs, news, features and events listings.
The information provided on PharmiWeb.com is designed to support, not replace, the relationship that exists between a patient/site visitor and his/her physician.