Allantoin is a chemical compound present in urine of mammals and some plant extracts. It is obtained by oxidation of uric acid by the process of purine catabolism. Allantoin is an odorless and colorless crystalline powder having chemical formula C4H6N4O3. It has many end user applications including pharmaceuticals, cosmetics, personal care and oral hygiene products.
Based on applications global allantoin market is segmented as oral hygiene, pharmaceuticals, cosmetics and others. Allantoin has the property to heal, moisturize and enhance skin and is widely used as a raw material in cosmetics. It also has many uses in the pharmaceutical industry due to its medicinal properties. In addition, oral hygiene products like toothpaste and oral mouthwashes contain allantoin as a base raw material.
Cosmetics products contain allantoin as a raw material and increased use of cosmetics owing to changing lifestyle of consumers around the globe fuels the growth of this market. Pharmaceutical industry has been growing rapidly over the past few years due to increasing number of health diseases and disorder in humans. This in turn is a significant factor to upsurge the growth of global allantoin market.
Increasing awareness on oral hygiene is expected to open opportunities for the global allantoin market over the forecast. Fashion has become a growing trend in the modern society and has led to the increased demand, production and consumption of personal care products, cosmetics and grooming products. These are prominent markets expected to empower the global allantoin market at a rapid pace for the forecast. Research and development in glyoxylic acid in allantoin by key vendors and manufacturers is expected to expand the capacity and availability of allantoin and rapidly drive its market.
Europe and North America are slow moving and stagnant regions for this market. Even though are mature regions for the allantoin market owing to their economic stability. Asia Pacific is the leading geographic region owing to its huge population, changing lifestyle patterns of consumers and modernization in the countries like India and China. Middle East Africa and Latin America are the emerging markets and are expected to show steady growth over the forecast. Leading companies of the global allantoin market are Akema, Clariant, Rita Corp., Luotian Guanghui Chemical Co. Ltd., Lubon Industry Co. Ltd. and Ashland Inc.
Decision Databases is involved in providing research reports and company profiles in the global allantoin market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The allantoin market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our allantoin profiles.
SEGMENTATIONS IN REPORT:
Allantoin By Application:
1. INTRODUCTION TO THE ALLANTOIN MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF ALLANTOIN
4. ALLANTOIN MARKET ANALYSIS BY APPLICATION
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