Global Chitosan Market Outlook to 2023: Key Opportunities and Challenges - ResearchAndMarkets.com
The "Chitosan Market - Forecasts From 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
Chitosan market is projected to grow at a CAGR of 15.70% to reach US$2,560.007 million by 2023, from US$1,067.188 million in 2017.
Rising application of chitosan in cosmetics, water treatment, and medical industries is boosting the growth of chitosan market. Rising demand for water and wastewater treatment due to growing global population and increasing urbanization is also spurring the demand for chitosan in this sector.
High availability of raw material is also supporting the growth of chitosan market globally. Rising production of chitosan from non-aquatic sources will further continue to propel the growth of chitosan market during the forecast period. However, strict regulatory compliance related to shrimp farming is hindering the growth of chitosan market.
Geographically, APAC holds a significant market share owing to the high usage of chitosan in Korea and Japan as a food additive and for water treatment application. Moreover, high production of shrimp in countries such as China and Thailand is a key factor to drive the regional market growth in terms of raw material supply.
Major industry players profiled as part of the report are Advanced Biopolymers AS, PRIMEX EHF, Agratech, BIO21, and Koyo Chemical Co. Ltd. among others.
Key Topics Covered
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. CHITOSAN MARKET BY GRADE
5.1. Food Grade
5.2. Industrial Grade
5.3. Medical Grade
6. CHITOSAN MARKET BY APPLICATION
6.2. Food and Beverage
6.5. Water Treatment
7. CHITOSAN MARKET BY GEOGRAPHY
7.1. North America
7.2. South America
7.4. Middle East and Africa
7.5. Asia Pacific
8. COMPETITIVE INTELLIGENCE
8.1. Market Share Analysis
8.2. Recent Investment and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Advanced Biopolymers AS
9.2. PRIMEX EHF
9.5. Koyo Chemical Co. Ltd.
9.6. Heppe Medical Chitosan GmbH
9.7. Kitozyme LLC
9.9. Tidal Vision Products LLC
9.10. Mycodev Group
For more information about this report visit https://www.researchandmarkets.com/research/npfrc3/global_chitosan?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181227005247/en/