Tannin Market - Demand, Insights, Analysis, Opportunities 2023


Posted May 31, 2018 by CmrSaif

The Tannin Market was worth USD 1.53 billion in 2014 and is expected to reach approximately USD 2.74 billion by 2023.

 
The Tannin market research report recently published by Crystal Market Research Reports offers a detailed study of Tannin industry across the globe with prime focus on major regions including North America, Europe, and Asia, Japan, South America, Middle East and Africa. Initially, the report covers basic information related to Tannin market such as Tannin definition, product types, range of applications, supply and demand analysis of Tannin industry.

The Tannin Market was worth USD 1.53 billion in 2014 and is expected to reach approximately USD 2.74 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.71% during the forecast period.

Access sample copy of this report: https://www.crystalmarketresearch.com/report-sample/CM04703 .

Expanding demand from the leather production and wine making industry is foreseen to be a key factor driving business sector development. Tannin, an astringent biomolecule is separated from plants and natural products. It is found in different parts of plants including, seeds, roots, barks, leaves, and stem tissues Plants are a rich source of tannin content, which shields them from predation and also helps for their development control. Natural products with rich tannin content incorporate strawberries, grapes, hazelnuts, blueberries, oranges, walnuts, cranberries, and pecans.

Tannin market - Source Outlook and Trend Analysis:
Tannins occur in different species in the plant kingdom. The most well-known occurrence of tannins is found in angiosperms and gymnosperms. Different species which likewise have tannin in plenitude incorporate, bixaceae, aceraceae, myriacaceae, burseraceae, ericaceae, dipterocarpaceae, grossulariaceae, combretaceae, actinidiaceae, najadaceae, and typhaceae. Dense tannins are the most plentiful organic mixes, which are found in all groups of plants.

Tannin market - Product Outlook and Trend Analysis:
Hydrolysable tannins when heated form Gallic acids. These products have valuable antibacterial impacts and consequently are additionally used as a part of the production of pharmaceuticals. Recent investigations have likewise proposed that hydrolysable are useful against tumour. Non-hydrolysable is otherwise called consolidated tannins. These products are detailed when the plant removes are consolidated.

Tannin market - Application Outlook and Trend Analysis:
The worldwide demand has seen a change in outlook attributable to the rising awareness among customers with respect to the benefits of tannin. Leather tanning rose as the biggest application portion and represented more than 62.3% of the aggregate market income in 2016. Tannins are insoluble proteins and don't decay. Attributable to this property, they are used for the assembling of leather. In cowhide tanning forms, the skins of creatures are dealt with. The interest for leather is expanding inferable from its differed applications in furniture, clothing, and automotive seats.

Tannin market - Regional Outlook and Trend Analysis:
Europe was the main area and represented around 38% of the aggregate income in 2015. The wine business is profoundly developed in Europe, and in this way the prerequisite of tannin in the area is high. Especially France has an entrenched wine industry and along these lines have a vast offer in the worldwide market. Europe was trailed by North America which represented critical offer of the aggregate income in 2015.

Tannin market - Competitive Insights:
The leading players in the market are Laffort SA, Tannin Corporation, W. Ulrich GmbH and Ajinomoto Omnichem. Application advancement and modified products are anticipated to be the key parameter for being focused in this industry, with visit joint endeavors, mergers, and acquisitions being embraced as an endeavor to broaden product portfolio and pick up piece of the overall industry.

In order to browse complete report with TOC: https://tinyurl.com/y9thxrc5 .

The Tannin Market is segmented as follows-
By Source:
Brown Algae
Plants

By Product:
Non-hydrolysable
Hydrolysable
Phlorotannins

By Application:
Wine Production
Anti-corrosive Primers
Leather Tanning
Wood Adhesives
Others

By Region
North America
U.S.
Canada
Mexico

Europe
Germany
UK
France
Russia
Italy
Rest of Europe

Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific

South America
Brazil
Argentina
Columbia
South Africa
Rest of South America

Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA

Tannin market - Research Methodology:
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Tannin market - Data Validation:
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
5.Tannin Market, By Application
6.Tannin Market, By Product
7.Tannin Market, By Source
8.Tannin Market, By Region
9.Company Profiles
10.Global Tannin Market Competition, by Manufacturer
11.Tannin Market Forecast (2018-2023)
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Continued…

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customised research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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Issued By saif bagwan
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Categories Advertising , Business
Last Updated May 31, 2018