The Global Allantoin Market is accounted for $440.0 million in 2017 and is expected to reach $887.0 million by 2026 growing at a CAGR of 8.1% from 2017 to 2026.
Rising product demand for the manufacturing of different personal care products, growing demand for anti-aging product, mounting scope of applications of allantoin in the pharmaceutical products, such as eye drops and skin care creams, are some of the factors fueling the market growth.
Allantoin is a white powder formed by oxidation of uric acid and major excretory product of purine degradation in many vertebrates. It is present in allantoic fluid, amniotic fluid and fetal urine. It is used medicinally to promote tissue growth. It is present in botanical extracts of the comfrey plant and in the urine of various mammals. Different kinds of allantoin salts can be used in the personal care and cosmetics industries such as allantoin salts of vitamin C, allantoin ascorbate, and allantoin salts of vitamin B7.
Amongst application, Oral hygiene segment accounted for significant shares in the global market. It is one of the important factors for everyday life irrespective of an individual's age. Allantoin is used in the preparation of toothpaste and mouthwash which reduces cavity and mouth ulcers. There are many social responsibility activities ongoing in developing countries and the results also showing a positive impact in sale of Oral hygiene products like mouthwashes and toothpastes.
- Ashland Inc.
- Rita Corporation
- Akema Fine Chemicals
- Huanghua Suntime Chemical Industry Co. Ltd.
- Zhanhua Jinyuan Lide Biotechnology Co. Ltd.
- Luotian Guanghui Chemical Co. Ltd.
- Allan Chemical Corporation
- EMD Performance Materials Corporation
- Lubon Industry Co. Ltd.
- Lisbon industry
- AN PharmaTech
- Sunwell chemicals
- Tokyo Chemical Industry
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Allantoin Market, By Application
6 Global Allantoin Market, By Geography
7 Key Developments
8 Company Profiling
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