Chitosan Market 18.10% CAGR to 2021

The Chitosan market report considers the retail selling price is considered as the average selling price of the product.

According to the Global Chitosan Market 2017-2021 report, one of the major drivers for Chitosan market is Emerging applications from end-use industries. The growing demand for emerging applications such as agrochemicals, fuel cells, photographic products, cardiovascular diseases treatment, textiles, ophthalmology, and paper and pulp are fostering the demand for chitosan. The increase in R&D for niche applications can be witnessed for the increasing demand for chitosan. Also, the low cost and abundant availability of chitosan from crustacean shell, shrimps, crabs, and krills are gaining importance in various applications.

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The analysts forecast global chitosan market to grow at a CAGR of 18.10% during the period 2017-2021. Chitosan is a natural polysaccharide extracted from shells of crustacean organisms such as shrimps and crabs. Chitosan and chitin are naturally abundant and renewable polymers and have excellent properties such as biocompatibility, biodegradability, non-toxicity, solubilization, adsorption, hydration, and moisturization. The cost of commercial chitosan depends on the product quality. Chitosan is available in three purity forms: low purity, medium purity, and high purity or medical grade.

The latest trend gaining momentum in the chitosan market is Potential uses of chitosan nanoparticles. The use of environmentally acceptable and sustainable biomaterials is gaining importance for scientific and industrial research. Biopolymers are replacing petroleum-derived polymers. Chitosan nanoparticles can be formed by incorporating tripolyphosphate (TPP) into chitosan solution. Chitosan nanoparticles, due to their versatile properties and excellent characteristics are increasingly used in pharmaceuticals, biomedicines, foods and beverages, and personal care products. Chitosan nanoparticles, owing their antimicrobial and antibacterial properties, are widely used as coating materials in cosmetics and foods.

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Key players in the global chitosan market: Advanced Biopolymers, FMC Corporation, Golden-Shell Biochemical, G.T.C. Bio Corporation, and KitoZyme. Other Prominent Vendors in the market are: Agra Tech, Axio Biosolutions, Heppe Medical Chitosan, Kunpoong Bio, Marshall Marine Products, Meron, Nitta Gelatin India, Panvo Organics, Primex, SRL, TAGROW, and TCI Chemicals.

The market is divided into the following segments based on geography:
• Americas

This report, Global Chitosan Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

List of Exhibits
Exhibit 01: Parent Market
Exhibit 02: Market Characteristics
Exhibit 03: Market Segments
Exhibit 04: Market Size 2016
Exhibit 05: Validation Techniques Employed For Market Sizing 2016
Exhibit 06: Global Chitosan Market Size and Forecast 2016-2021 ($ Millions)
Exhibit 07: Global Year-Over-Year Growth 2017-2021 (%)
Exhibit 08: Five Forces Analysis 2016
Exhibit 09: End-User Application Market Share 2016-2021 (%)
Exhibit 10: Comparison By End-User Application
Exhibit 11: Water Treatment Market Size and Forecast 2016-2021 ($ Millions) and more..

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Release ID: 276860