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Chitin Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Posted: Apr 09, 2022
Chitin is the second-most abundant organic compound in nature and naturally occurs as a fibre forming polymer that plays a protective role in many lower eukaryotes similar to that of cellulose in plants. It is a long chain unbranched polysaccharide consisting of N-acetylglucosamine residues connected through?1,4 covalent bonds. Chitin plays an important role in biological structures such as insect peritrophic matrix, fungal cell walls, crustacean cuticles, cyst wall of protozoa and eggshells from nematodes.
Chitin Market Taxonomy
On the basis of product type, the global chitin market is classified into:
?-Chitin
?-chitin
On the basis of end-use industry, the global chitin market is classified into:
Healthcare
Agriculture
Paper and Pulp
Personal care products
Biotechnology
Chitin Market Outlook – Rising Demand in Healthcare and allied Industries to be the Major Market Driver
Asia Pacific and North America are expected to be the most potential markets for chitin manufacturers. This owing to the rapidly growing healthcare industry coupled with growing medical tourism in developing countries such as India. According to IBEF, Indian healthcare industry is expected to reach at USD 280 billion by 2020. In the Union Budget 2017-18 of India, the health budget was increased from USD 5.96 billion to USD 7.3 billion. The Indian healthcare industry is budding swiftly due to its firming coverage, services and high expenditure by public and private players.
Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market-insight/chitin-market-563
Major Keyplayers: Biothera, Navamedic ASA, Kunpoong Bio Co. Ltd., Advanced Biopolymers AS, CarboMer Inc., Heppe Medical Chitosan GmbH, Sonat Co., United Chitotechnologies Inc., Meron Biopolymers, Dalian Xindie Chitin Co. Ltd., QBas Co., TaizhouCandorly Sea Biochemical & Health Products Co. Ltd and PrimexEhf.
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837Chitin is the second-most abundant organic compound in nature and naturally occurs as a fibre forming polymer that plays a protective role in many lower eukaryotes similar to that of cellulose in plants. It is a long chain unbranched polysaccharide consisting of N-acetylglucosamine residues connected through?1,4 covalent bonds. Chitin plays an important role in biological structures such as insect peritrophic matrix, fungal cell walls, crustacean cuticles, cyst wall of protozoa and eggshells from nematodes.
Chitin Market Taxonomy
On the basis of product type, the global chitin market is classified into:
?-Chitin
?-chitin
On the basis of end-use industry, the global chitin market is classified into:
Healthcare
Agriculture
Paper and Pulp
Personal care products
Biotechnology
Chitin Market Outlook – Rising Demand in Healthcare and allied Industries to be the Major Market Driver
Asia Pacific and North America are expected to be the most potential markets for chitin manufacturers. This owing to the rapidly growing healthcare industry coupled with growing medical tourism in developing countries such as India. According to IBEF, Indian healthcare industry is expected to reach at USD 280 billion by 2020. In the Union Budget 2017-18 of India, the health budget was increased from USD 5.96 billion to USD 7.3 billion. The Indian healthcare industry is budding swiftly due to its firming coverage, services and high expenditure by public and private players.
Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market-insight/chitin-market-563
Major Keyplayers: Biothera, Navamedic ASA, Kunpoong Bio Co. Ltd., Advanced Biopolymers AS, CarboMer Inc., Heppe Medical Chitosan GmbH, Sonat Co., United Chitotechnologies Inc., Meron Biopolymers, Dalian Xindie Chitin Co. Ltd., QBas Co., TaizhouCandorly Sea Biochemical & Health Products Co. Ltd and PrimexEhf.
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
About the Author
Contact Us: Name: Mr. Shah Phone: US +12067016702 / UK +4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs:https://blog.coherentmarketinsights.com
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