Skip to main content
Rising product demand for manufacturing preventive healthcare products owing to its anti-irritant, moisturizing and soothing properties, is expected to drive the market growth over the forecast period.

The Global Allantoin Market is expected to reach USD 641.7 million by 2022, according to a new report by Grand View Research, Inc.


The industry is expected to witness high growth in cosmetics application owing to its high demand for manufacturing face care, hand care, hair care and bath products. Growing application scope for the product in oral care products such as mouthwashes and toothpaste is expected to have a positive impact on the industry growth over the forecast period.

The product finds significant demand as a plant growth regulator, especially in the developed regions including North America and Europe, which is expected open market avenues for the product. The manufacturers are expected to invest in R&D to expand the application scope for the product in personal care and pharmaceutical applications.

To Know More About Allantoin Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/allantoin-market

The existing manufacturers in the industry are integrated across the value chain, which is expected to hamper the growth of new players. The market is pooled with well-established players, which has thus resulted in a high competitive rivalry. The subsequent threat of new entrants is also expected to be low on account of high initial cost and non-toxic nature.

Key Findings of Allantoin Market:
  • Cosmetic application segment accounted for over 32.8% market share in 2016 and is expected to grow over the forecast period on account of high product demand for manufacturing gels, creams, and sun care lotions
  • Pharmaceutical is expected to be the fastest growing application segment over the projected period, owing to its high demand for manufacturing wound healing creams and lotions
  • The Allantoin Market in Latin America is expected to progress at a CAGR of 6.4% over the forecast period, owing to increasing foreign investments in the pharmaceutical and personal care sector in the region
  • The market in European region is anticipated to progress at a steady CAGR over the forecast period on account of the well-established cosmetics industry coupled with rising demand for allantoin based cosmetic products
Inquire about Allantoin Market with Our Experts @ http://bit.ly/2xtWsQr
Labels:

Comments

Post a Comment

Popular posts from this blog

North America Calcium Carbonate Market Outlook, Research, Trends and Forecast to 2025

Rising demand in various end-use industries such as paper, building, and construction, plastic, etc. is expected to support the demand for calcium carbonate in upcoming years. Further, growth of manufacturing and construction sectors in Asia Pacific and the Middle East is supposed to boost the product demand. The North America Calcium Carbonate Market is expected to reach USD 9.19 billion by 2025, according to a new report by Grand View Research, Inc.   The industrial filler is expected to emerge as the largest as well as fastest growing application segment. The demand is likely to increase further owing to diversified application base of calcium carbonate as fillers in various end-use industries. Another application segment is likely to emerge as the second largest application segment. Papers coated with calcium carbonate may create problems during production, as adhesives do not stay on these papers. Excessive calcium carbonate consumption through food supplements is har...
Post a Comment
Read more

Point of Entry Water Treatment Systems Market Competitive Landscape by 2025

Growing public awareness towards healthy lifestyle along with increasing water pollution is projected to drive the market over the forecast period. The Global Point of Entry Water Treatment Systems Market is estimated to be valued at USD 9.95 billion by 2025, according to a new report by Grand View Research, Inc. Exponential growth in the global population has exerted considerable pressure on the existing water resources available for human consumption, in turn augmenting the dependence on groundwater owing to its easy availability. However, improper disposal of wastewater generated in agricultural and industrial areas has led to largescale contamination of groundwater in urban areas, enhancing the global point of entry water treatment systems market by 2025. Favorable government regulations to ensure the supply of healthy drinking water is predicted to boost market growth over the forecast period. The growing investments towards development of efficient point of entry water t...
Post a Comment
Read more

U.S. Liquid Waste Management Market Segments and Key Trend till 2025

Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period. The U.S. Liquid Waste Management Market is expected to reach USD 22.5 Billion by 2025, according to a new report by Grand View Research, Inc. Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period. A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, whi...
Post a Comment
Read more