Global Chitosan Market to Expand at CAGR of 13.26% from 2014 to 2019


Published Date : Apr 11, 2016

ALBANY, New York, April 11, 2016 - MarketResearchReports.biz has announced the addition of the “Global Chitosan Market 2015-2019” report to its offering. According to the report, the global chitosan market is expected to expand, in terms of revenue, at a CAGR of 13.26% during the period from 2014 to 2019. The report is detailed and contains the reports of market size, driving forces, and restraints. Regional reports as well as profiling of the leading companies in the market has been given to offer readers a competitive edge. The report assesses the key opportunities in the market.

Chitosan is a chemically processed form of chitin, which is extracted from the shells of crustaceans such as crabs, shrimps, and others. Chitin is found in the exoskeleton of marine animals such as lobsters, clams, and crabs, and can also be found in mushrooms and yeasts. Chitosan is a natural polysaccharide made by treating crustacean shells with sodium hydroxide. Chitosan has a number of commercial and biomedical applications, including agrochemicals, fabrics, cosmetics, and water treatment plants. Chitosan is renewable and available abundantly. It is nontoxic, biodegradable, biocompatible, bio-adhesive, and a good absorbent. It is used in water treatment and purification plants to absorb grease, oil, metal, and other toxic substances.

Chitosan lowers the body’s cholesterol content and also helps reduce body weight. They are used for wound dressing in emergency rooms to control bleeding.  In recent times, chitosan and its derivatives have been used in hair care, skin care, and as a delivery system, hydrating agent, and film-forming and viscosity modifying agent in many personal care cosmetics. The demand from the global chitosan market is thus increasing.

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The global chitosan market is segmented on the basis of geography and application. According to the report, the trend of using chitosan for many commercial applications in the Asia Pacific region will be beneficial for the global chitosan market. However, high production cost can be a setback for the chitosan market in the coming years. Allergies to shellfish and side effects of chitosan such as constipation, gas, nausea, and others may also hamper the growth of the global chitosan market. 

The report contains a detailed study of major companies in the chitosan business. The strategies implemented by each of the companies as well as their product pictures, specifications, financial overview, and business overview have been given in great detail in the report. This enables interested individuals and enterprises to make informed decisions that are beneficial for them. Some of the companies profiled in the report are: Biothera, FMC Health & Nutrition, Golden-Shell Pharmaceutical, GTC,Bio,  KitoZyme, Advanced Biopolymers, Dalian Xindie Chitin, Kunpoong Bio, Meron Biopolymers, and Navamedic Primex

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