Market Research Future will be publishing a cooked research report on Global Chitosan Market that contains the information from 2016 to 2022. Global Chitosan Market is expected to grow with the CAGR 18.02 % of more than from 2016 to 2022, and with this it is predictable to cross USD 5.02 Billion by 2022.
Chitosan is one of the most abundant natural polysaccharides produced by many living organism. They are biocompatibility and admirable biodegradability with ecological safety and low toxicity with versatile biological activities such as antimicrobial activity and low immunogenicity have provided ample opportunities for further development. It is potentially useful in the applications in medicine, pharmacy and agriculture.
Globally, the demand for chitosan market is increasing due to in agriculture industry chitosan is used in seed treatment, soil improvement, feed additives. In-addition, in pharmaceutical industry it is utilized in improving immunity, lowering blood pressure, and in cosmetics. Water treatment is expected to grow at a CAGR over 19% from 2016 to 2022, owing to its high demand for removal of metals and chemicals from wastewater including , surfactants, phenol and polychlorinated biphenyls.
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The Chitosan Market is segmented according to application as agriculture, food industry, pharmaceuticals and others in agriculture industry water treatment is the largest application of chitosan. It is highly used as a flocculants to treat wastewater. Additionally, it is also used to treat organic as well as inorganic compounds that are present in water. Chitosan is also 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
With economic development, countries like China, U.S are innovative technology which causes chitosan market to rise in future. The global chitosan market is expected to reach USD 5.02 Billion at the end of the forecasted period and is expected to grow at CAGR of more than 18.02% from 2016 to 2022.
APAC has Dominated Chitosan market in 2015
APAC will be the ruling market for global chitosan, expected to grow with highest CAGR, with rise in development of emerging economies can cause countries like China, India, and Brazil to contribute more amount of share in this market. North America, was the second-largest market in 2015, it is projected to grow at the highest CAGR. Europe and RoW are the growing market for global chitosan market and are anticipated to grow at faster pace competing North America and APAC from 2015 to 2022.
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We recognize the key players in the Global Chitosan Market as include Heppe Medical Chitosan GmbH (Germany), Advanced Biopolymers AS (Norway), G.T.C. Bio Corporation (China), Novamatrix (Norway), Agratech International, Inc. (U.S.), Golden-Shell Pharmaceutical Co. Ltd. (China), Qingdao Yunzhou Biochemistry Co. Ltd. (China), Panvo Organics Pvt Ltd. (India), Kitozyme S.A. (Belgium), Primex ehf (Iceland) and others. This report includes the product portfolios of the same.
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Key Points from Table of Content:
10. Company Profiles
10.1 Heppe Medical Chitosan GmbH
10.1.3 Product Portfolio
10.1.4 Business Strategies
10.1.5 Recent Development
10.2 Advanced Biopolymers AS
10.2.3 Product Portfolio
10.2.4 Business Strategies
10.2.5 Recent Development
10.3 Biophrame Technologies
10.3.3 Product Portfolio
10.3.4 Business Strategies
10.3.5 Recent Development
10.4.3 Product Portfolio
10.4.4 Business Strategies
10.4.5 Recent Development
10.5 Agratech International
10.5.3 Product Portfolio
10.5.4 Business Strategies
10.5.5 Recent Development
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