- May 2020 |
- Chemicals And Materials / Chemicals
Global Chitosan Market, by Grade (Industrial, Food, and Pharmaceutical), Application (Water Treatment, Food & Beverages, Cosmetics, Medical & Pharmaceuticals, and Agrochemicals), By Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
Global Chitosan Market – Market Forecast & Trends
The main factors motivating the chitosan industry are the plentiful raw material accessibility and developing uses from numerous end-use segments. The ongoing R&D activities focused on finding novel applications of chitosan as well as improving the existing technology is also predictable to donate towards the growth of the chitosan market during the analysis period. However, the high making cost of chitosan and its byproducts and product inconsistency due to seasonal, regional, and chemical alterations could hinder the market development.