Global Chitosan Market Size Was Estimated At USD 3.20 Billion in 2015 and Is Expected To Grow At A CAGR Of 18.10% During the Period 2017-2021

NEW YORK, March 08, 2018 (GLOBE NEWSWIRE) -- A new study “Global Chitosan Market by Manufacturers, Regions, Type and Application, Forecast to 2021” says is expected to witness significant growth over the forecast period owing to its rising application scope in water treatment, cosmetics, medical, and cosmetics industry.

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What’s Chitosan?

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.

Why Chitosan Market is growing?

The latest trend gaining momentum in the 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.

One of the major factors hindering the growth of this market is Limitations of chitosan affecting its demand. Although chitosan possesses many significant properties, it has some demerits that limit its use for specific applications. It has low stability above pH 6.5. Chitosan and its derivatives are poorly soluble in water or in organic solvents. It is insoluble in diluted acids, aqueous solutions, and common organic solvents. To impart functionality and improve the solubility of chitosan, chemical modification of side chain is to be done without changing its initial properties or skeleton. Generally, grafting of the functional group is done to improve the characteristic features of chitosan.

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What will market research report provide?

This report focuses on the Chitosan in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

What Segmentation is covered in report?

Market Segment by Regions, regional analysis covers

  • North America (USA, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America, Middle East and Africa

Market Segment by Type, covers

  • Industrial Grade
  • Food Grade
  • Pharmaceutical Grade
  • Others

Market Segment by Applications, can be divided into

  • Water and Waste Treatment
  • Agriculture and Agrochemicals
  • Cosmetics and Toiletries
  • Healthcare and Medical
  • Food and Beverages
  • Others

What are companies profiled in report?

Primex, Agratech, ADVANCED BIOPOLYMERS, Novamatrix, Dainichiseika Color & Chemicals, Bioline, Fuda, Fengrun, Golden Shell, Huashan, Haixin, Haizhiyuan, Haidebei Marine, Yunzhou and Hecreat

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