Skip to main content

Chitosan market - Propelled by rapid increase in water treatment applications

Extensive application of chitosan as adsorbents and flocculants in wastewater treatments, including removal of pollutants industrial and municipal wastewaters, is a key factor driving the market. Several attractive characteristics such as hydrophobicity, and biocompatibility, biodegradability make the use of chitosan biopolymer preferable to polysaccharides. Various specific modifications possible with its chemical structure make it widely popular in a variety of value-added applications such as biomedicine, foods and beverages, pharmaceuticals, and cosmetics. This has led to a steady evolution of the market in the recent years.
Rapidly emerging applications of chitosan nanoparticles as potential drug delivery agents are unlocking exciting opportunities for market players. Several clinical studies focus on investigating the efficacy of chitosan derivatives in medical sciences have further expanded their applications. This is also unlocking a number of exciting application areas such as environment-friendly pesticides in agriculture and as skin treatment products in cosmetics.
The global chitosan market is projected to grow at a healthy clip, rising at a CAGR of 17.70% between 2014 and 2020. Expanding at this pace, the market is predicted reach US$4.20 bn by the end of the forecast period.
Wide Application in Wastewater Treatment
Based on application, the chitosan market is segmented into water treatment, biomedicine & pharmaceutics, industrial, food & beverages, cosmetics, agrochemical, fuel cells, and photographic products. Among these, chitosan have the major application in wastewater treatment. The substantial application is attributed to their attractive coagulation and flocculation properties, low cost and ease of application. The affinity of chitosan for a variety of contaminants make its use suitable as an effective adsorbent organic pollutants from various industrial wastewaters, such as textile wastewaters and pulp and paper mill wastewaters. This is due to the ability of chitosan in adsorbing heavy metal ions.
The market is witnessing a growing number of applications of chitosan in cosmetics. Chitosan, due to significant antifungal and antibacterial properties, are being widely used in making a number of cosmetics products such as hair lotions, face cleanser, body washes, and in various skin protection formulations.
On the other hand, the application segment of biomedical and pharmaceutical is forecast to grow at the leading CAGR over the forecast period. The stellar growth of this segment is driven by the natural antifungal activities of chitosan nanoparticles. Highly purified versions of chitosan are used in making powerful drug excipient owing to their due to their biocompatibility and non-toxicity, which makes it as a natural choice.
Chitosan is also exhibiting promising applications in agriculture, chiefly as agricultural chemicals by helping beneficial microorganisms in soil to thrive and inhibiting the growth of harmful microorganisms. Its application in making various environmental-friendly pesticides is also gaining prominence.
Fill the form to gain deeper insights on this market @ https://goo.gl/F76Psm
Asia Pacific to Account for Largest Production while North America tops in Demand for Chitosan
Geographically, the global chitosan market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Of these, Asia Pacific leads the global market currently and is closely trailed by Europe and North America, in terms of the volume of production of chitosan. A major chunk of growth comes from nations such as Japan and China, since they are the leading producers of chitosan. The demand for chitosan in various application areas is rising in emerging nations of Asia Pacific. On the other hand, the RoW segment is projected to register the leading CAGR over the forecast period; this is projected to be followed by the Asia Pacific market for chitosan.
In terms of demand, North America is expected to supersede all others and emerge as the leading regional market. The substantial demand for chitosan in the region is attributed to the accelerating demand for various cosmetic products in the region and the promising application of chitosan in making various biomedical and pharmaceutical products.
Labels:
Location: Albany, NY 12207, USA

Comments

Post a Comment

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a...
Post a Comment
Read more

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @  http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry ...
Post a Comment
Read more

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @   http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid proto...
Post a Comment
Read more