(MENAFNEditorial)
Fast Market Research announces the availability of Technavio's new report "Global Chitosan Market 2015-2019" on their comprehensive research portal.
Chitosan is a natural polysaccharide extracted from the shells of crustaceans such as shrimps and crabs. Chitin and chitosan the naturally abundant and renewable polymers have excellent properties such as bio-compatibility biodegradability non-toxicity and adsorption. The cost of chitosan depends on the quality of the product. Chitosan is used in a wide range of applications such as water treatment cosmetics and agrochemicals.
Technavio forecasts the global chitosan market to grow at a CAGR of 13.26% by revenue during 2014-2019.
Get More Details on this Report and a Full Table of Contents at
The report analyst commented "Demand from APAC is expected to be higher than other regions because of strong growth of various industries such as cosmetics food and beverage healthcare and medical agrochemicals biomedicine and pulp and paper. Also India and China are likely to post high GDP growth rates; as a result the demand from various industries such as wastewater treatment is expected to increase substantially during the forecast period. In addition many vendors are expected to set up production facilities in this region to cater to the growing demand."
According to the report in cosmetics chitosan is used as a moisturizing agent emollient and film former. The consumption of chitosan accounted for 41% in the cosmetics industry mainly for skin care products and 8% in the pharmaceutical industry. Organic acids are generally used as a solvent for cosmetic applications. Polyanionic chitosan is the only natural cationic gum which turns viscous when neutralized with an acid. Chitosan also helps in hair softening and smoothening.
Further the report states that it is difficult for small-scale water utilities to afford enough water treatment products because of the high prices of these products thereby hindering market growth.
The key players in the Global Chitosan Market are Biothera FMC Health & Nutrition Golden-Shell Pharmaceutical GTC Bio and KitoZyme while other prominent vendors include Advanced Biopolymers Dalian Xindie Chitin Kunpoong Bio Meron Biopolymers Navamedic and Primex
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts we provide quick and easy access to the best competitive intelligence available. Our unbiased expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.