Chemical Market ShareAnalysis Chitosan Market Key Players, Industry Overview, | Page 2

application of chitosan as bioplastic is expected to introduce new market opportunities in the coming years. The
solubility of chitosan is low in alkaline and neutral solution limiting its application that challenges the market growth.
The market is categorized on the basis of source, application, and geography. On the basis of source, market is divided
into crab, shrimp, squid, and krill. Shrimp, followed by crab is expected to lead market owing to extensive use for the
production of chitosan.
In terms of application, market is split into biomedical & pharmaceuticals, food & beverages, water treatment and
cosmetics Water treatment is projected to lead the market due to increased application of chitosan for water
treatment due to its properties like bio sorbent, which allows it to get rid of pollutants from the water.
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Geographically, market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa.
Asia Pacific is predicted to dominate chitosan market due to the large number of prominent players in the region. This
is followed by North America owing to the escalating demand for cosmetics and application of chitosan in several
pharmaceutical and biomedical items.
The prominent players of chitosan market include KitoZyme, Advanced Biopolymers, Golden-Shell Biochemical, G.T.C.
Bio Corporation, FMC Corporation, Primex, Axio Biosolutions, Heppe Medical Chitosan, Agra Tech, Nitta Gelatin India,
Kunpoong Bio, TAGROW, Marshall Marine Products, Meron, Panvo Organics, TCI Chemicals, and SRL.
Market Segment:
Key Applications
• Agrochemicals
• Cosmetics
• Food & Beverage
• Industrial
• Pharmaceutics
• Water Treatment
Key Regions