Market Analysis Report Allantoin Market | Page 2

Your Catalyst to a Lucrative Business Oral hygiene sector is likely to grow at a CAGR of over 7 % during the forecast period. The rising global oral care industry is likely to propel the product demands in the sector. Several other applications include its usage in agrochemicals and nutraceuticals. In addition, increasing agrochemicals demands and the rising demands for food & beverages with high nutritional content are also likely to spur the market growth. Geographically, the APAC allantoin market dominated the global market due to growing demands from industries such as pharmaceutical, oral care, cosmetics, etc. The regional market is expected to generate revenue of over USD 220 million by 2024. North American market for allantoin accounted for a considerable amount of global demand due to high usage levels in the pharma and personal care industries. However, the region is said to experience a slow growth during the estimated years because of the slower industrial growth. The European market is also likely to witness a slow growth rate. The Middle East & Africa and Latin America regions are expected to be high-growth regional markets. The cosmetics industry growth in these regions along with the improved spending capacity is likely to augment the product demand. The major companies in this market are Ashland Inc.; Rita Corp.; and Lubon Industry Co. Ltd. Table of Content Chapter 1 Methodology & Scope 1.1 Research Methodology 1.1.1 Initial data exploration 1.1.2 Statistical modeling and forecast 1.1.3 Industry insights and validation 1.2 List of Data Sources Chapter 2 Executive Summary 2.1 Allantoin market snapshot, 2016 - 2024 Chapter 3 Allantoin Industry Insights 3.1 Allantoin market segmentation 3.2 Allantoin industry size, forecast and growth prospects, 2016 - 2024 3.3 Value chain analysis 3.3.1 Vendor landscape 3.4 Raw material insights 3.4.1 Glyoxylic acid 3.4.2 Comfrey extract 3.5 Technology Insights 3.5.1 Glyoxylic acid production route 3.5.2 Allantoin extraction from comfrey plants 3.6 Regulatory Insights 3.7 Industry Dynamics 3.7.1 Growth drivers 3.7.1.1 Growth of cosmetics market 3.7.1.2 Gorwth in pharmaceutical sector 3.7.2 Industry pitfalls & challenges Follow Us: