Asia Pacific Chitosan Market Size & Outlook, 2022-2030
Asia Pacific chitosan market, 2018-2030 (US$M)
Related Markets
Asia Pacific chitosan market highlights
- The Asia Pacific chitosan market generated a revenue of USD 3,563.6 million in 2022.
- The market is expected to grow at a CAGR of 20.2% from 2023 to 2030.
- In terms of segment, biomedical was the largest revenue generating product in 2022.
- Cosmetics is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 3,563.6 million |
| Market revenue in 2030 | USD 15,493.8 million |
| Growth rate | 20.2% (CAGR from 2022 to 2030) |
| Largest segment | Biomedical |
| Fastest growing segment | Cosmetics |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water Treatment, Pharmaceutical, Biomedical, Cosmetics, Food & beverage |
| Key market players worldwide | Lyondellbasell Advanced Polymers Inc Pref Share, Foodchem International Corporation, FMC Corp, Shell PLC, Primex Pharmaceuticals, Nanobiotix SA ADR, Dainichiseika Color & Chemicals Mfg Co Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 32.8% of the global chitosan market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 2,647.2 million by 2030.
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Chitosan Market Scope
Chitosan Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific chitosan market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chitosan market will help companies and investors design strategic landscapes.
Biomedical was the largest segment with a revenue share of 25.23% in 2022. Horizon Databook has segmented the Asia Pacific chitosan market based on water treatment, pharmaceutical, biomedical, cosmetics, food & beverage covering the revenue growth of each sub-segment from 2018 to 2030.
Growing fashion industry coupled with increasing demand for naturally derived hair and skin care products in the region expected to propel demand over the projected period. Growing investments in municipal wastewater treatment coupled with increasing use of bio- derived chemicals in the field is expected to drive market demand over the forecast period.
In Korea, Chitosan has been approved as a natural food additive, which is expected to propel its demand. Presence of key shrimp producing countries including Thailand and China is expected to be a key advantage in terms of raw material supply for chitosan market in this region.
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Target buyers of Asia Pacific chitosan market databook
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Our clientele includes a mix of chitosan market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific chitosan market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific chitosan market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific chitosan market size, by country, 2018-2030 (US$M)
Asia Pacific Chitosan Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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