tannin

Tannin Market by Source, Product Type, Application - Global Industry
Insights, Trends, Outlook and Opportunity Analysis, 2018-2026
Tannin is a biomolecule extracted from fruits and plants. It can be found in the seeds, stem
tissues, roots, leaves, and bark of plants. Tannin is most common in gymnosperm and
angiosperm plants. It protects the plants from predation and helps in the synthesis of plant
hormones. Fruits such as oranges, grapes, walnuts, pecans, hazelnuts, strawberries,
blueberries, and cranberries have rich content of tannin.
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The global tannin market is expected to grow significantly during the forecast period. The
increasing demand from the various end-use industries such as leather, wine, and wood
adhesives is the major driving factor for the growth of tannins market. The anti-oxidation and
decomposition properties of tannins are a major factor for the demand of tannins in the
leather manufacturing and wine fermenting industries. The increasing consumption of
alcohol is expected to boost the growth of tannin market. Moreover, the demand for tannin in
the manufacturing of wood adhesives and medicines is expected to drive the growth of
tannin market positively over the forecast period.
Brown algae procurement, handling, and treatment are difficult and expensive as compared
to plants, hence plant segment of tannins market is expected to grow over the forecast
period. Leather tannin is the dominant application segment and is expected to continue its
dominance over the forecast period. Tannin is required in all the stages of manufacturing of
leather including crusting, preparation stage, and tanning. Tannin contains coagulate
proteins and mucosal tissues, which are useful in soothing scars, wounds, minor
hemorrhages, and burns, in turn increasing the demand for medicinal tannin is over the
forecast period.
Tannin market outlook:
Europe holds a dominant position in tannin market and is expected to retain its position over
the forecast period. The major demand for tannin is accounted for the growing wine industry
in Europe, particularly in France. Due to the changing scenario of drinking amongst the
youth, the demand for wine and beer has increased substantially thereby, increasing the
demand for tannin in the region. According to the European Union, Europe produced
165,600 hectoliters of wine between 2016 and 2017. With the increasing demand for
alcoholic beverages and the growing pharmaceutical industry, the need for tannin is
expected to grow substantially over the forecast period.
North America region has the second largest market of tannin after Europe. The demand for
tannin from the leather industry is a major reason for positively driving the growth of tannin
market in North America. According to the U.S hide, skin and leather association (USHSLA),
the U.S exports 90% of total production of leather and the total industry revenue is around
US$ 3 billion annually. Moreover, the growing demand for beer and wine in the Polar
Regions to keep up with the temperature is another factor boosting the growth of tannins
market in this region.
Asia Pacific is anticipated to be the fastest growing region in tannins market over the
forecast period, owing to the increasing economy of the region and increasing personal
disposable income in emerging economies has grown substantially, which in turn is
increasing the need for tannin market in the region. The major demand for tannin comes
from the growing need of leather and wood adhesives industries in Asia Pacific. Renovation
and remodeling, increased construction, urbanization, and increased attention towards
decorations has boosted the growth of wood adhesives market in the Asia Pacific region and
is expected to further surge the need for tannin market.
Tannin Corporation, S.AAjinomoto OmniChem N.V., Polson Ltd, Tanac S.A, Forestal
Mimosa Ltd, Ever s.r.l, UCL Company (Pty) Ltd, LaffortSA , Zhushan County Tianxin Medical
& Chemical Co, WUlrich GmbH, and Jyoti Dye Chem Agency are some of the major players
in the global tannin market.
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Tannin Market report categorizes the global market by Source , by Product Type, by Application - Global Industry Insights, Trends, Outlook and Opportunity Analysis, 2018-2026

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