Allantoin Market Analysis and Overview

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Allantoin Market Share, Size, Analysis, Growth, Trends and
Forecasts to 2024 | Hexa Research
" The global allantoin market value is expected to
exceed USD 641.7 million by 2024 growing at an
estimated CAGR of over 6% from 2016 to 2024."
The global Allantoin Market is anticipated to grow at a CAGR of over 6 % from 2016 to 2024 on account of the
growing demands from various industries such as cosmetics, oral hygiene etc. Moreover, rising scope of
applications of allantoin in the pharmaceutical products, such as eye drops and skin care creams, is also
expected to drive the market growth during the forecast period. The global market is categorized as
applications and regions.
The applications sector of the allantoin market includes cosmetics, pharmaceutical, and oral hygiene. The global
market for allantoin was dominated by cosmetics sector in 2015. It is further expected to grow as a result of
growing consumer awareness concerning potential benefits of the products. Plus, rapid urbanization along with
the growing disposable income levels is also said to spur the sector growth during the estimated years. The
pharma sector is also expected to have huge gains at over 6 % from 2016 to 2024. The growing customer
awareness concerning general well-being is anticipated to boost the growth of the pharmaceutical sector in the
near future.
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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 i ndustries. 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 Indust ry Co. Ltd.
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Table of Content of Allantoin Market
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
3.7.2.1 Regional raw material issues
3.7.2.2 Lack of consumer awareness
3.8 Key growth opportunities
3.9 Porter’s analysis
3.10 PESTEL analysis
Chapter 4 Allantoin Application Insights
4.1 Global allantoin market volume share by application, 2016 & 2024
4.2 Cosmetics
4.2.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
4.2.2 Market estimates and forecast by region, 2016 - 2024 (Kilo Tons) (USD Million)
4.3 Pharmaceuticals
4.3.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
4.3.2 Market estimates and forecast, by region, 2016 - 2024 (Kilo Tons) (USD Million)
4.4 Oral Hygiene
4.4.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
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4.4.2 Market estimates and forecast by region, 2016 - 2024 (Kilo Tons) (USD Million)
4.5 Others
4.5.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
4.5.2 Market estimates and forecast by region, 2016 - 2024 (Kilo Tons) (USD Million)
Chapter 5 Allantoin Regional Insights
5.1 Global allantoin market volume share by region, 2016 & 2024
5.2 North America
5.2.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
5.2.2 Market estimates and forecast by application, 2016 - 2024,(Kilo Tons) (USD Million)
5.2.3 U.S.
5.2.3.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
5.2.3.2 Market estimates and forecast by application, 2016 - 2024 (Kilo Tons) (USD Million)
5.3 Europe
5.3.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
5.3.2 Market estimates and forecast by application, 2016 - 2024 (Kilo Tons) (USD Million)
5.3.3 Germany
5.3.3.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
5.3.3.2 Market estimates and forecast by application, 2016 - 2024 (Kilo Tons) (USD Million)
5.4 Asia Pacific
5.4.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
5.4.2 Market estimates and forecast by application, 2016 - 2024 (Kilo Tons) (USD Million)
5.4.3 China
5.4.3.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
5.4.3.2 Market estimates and forecast by application, 2016 - 2024 (Kilo Tons) (USD Million)
5.5 Latin America (LATAM)
5.5.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
5.5.2 Market estimates and forecast by application, 2016 - 2024 (Kilo Tons) (USD Million)
5.5.3 Brazil
5.5.3.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
5.5.3.2 Market estimates and forecast by application, 2016 - 2024 (Kilo Tons) (USD Million)
5.6 Middle East & Africa (MEA)
5.6.1 Market estimates and forecast, 2016 - 2024 (Kilo Tons) (USD Million)
5.6.2 Market estimates and forecast by application, 2016 - 2024 (Kilo Tons) (USD Million)
Chapter 6 Competitive Insights
6.1 Ashland Inc.
6.2 Clariant
6.3 Rita Corporation
6.4 Akema Fine Chemicals
6.5 Huanghua Suntime Chemical Industry Co., Ltd.
6.6 Zhanhua Jinyuan Lide Biotechnology Co. Ltd.
6.7 Luotian Guanghui Chemical Co. Ltd.
6.8 Allan Chemical Corporation
6.9 EMD Performance Materials Corporation
6.10 Lubon Industry Co., Ltd.
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The increasing demand from various industries including pharmaceutical, cosmetics, and oral hygiene has been the key factor in driving the industry growth.