Market revenue in 2022 | USD 1,473.3 million |
Market revenue in 2030 | USD 4,799.7 million |
Growth rate | 15.9% (CAGR from 2022 to 2030) |
Largest segment | Biomedical |
Fastest growing segment | Food & beverage |
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 |
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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 40.05% in 2022. Horizon Databook has segmented the Europe chitosan market based on water treatment, pharmaceutical, biomedical, cosmetics, food & beverage covering the revenue growth of each sub-segment from 2018 to 2030.
Economic crisis in the region has resulted in decline of the pharmaceutical industry in France, Germany and Italy which is expected to affect chitosan market in pharmaceutical application. However, increasing R&D expenditure on pharmaceutical industry in Europe is expected to indirectly fuel chitosan.
Increasing demand for bio-based polymers for domestic and industrial waste water treatment is expected to propel demand for chitosan over the forecast period. Rising consumer concerns regarding water purity and safety coupled with innovations in the field of water treatment is expected to have positive impact on the market growth over the projected period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe chitosan market , including forecasts for subscribers. This continent databook contains high-level insights into Europe chitosan market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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