Tannin Market including Growth Factors, Types and Application by regions by 2026


Posted April 21, 2021 by rohit890

Tannin is a biomolecule extracted from fruits and plants. It can be found in the seeds, stem tissues, roots, leaves, and bark of plants.

 
Market Overview

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.

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.

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Market Dynamics

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 Taxonomy:

On the basis of source, the global tannin market is segmented into:

Brown algae

Plants

On the basis product type, the global tannin market is segmented into:

Phlorotannins

Hydrolysable

Non-hydrolysable

On the basis application, the global tannin market is segmented into:

Anti-corrosive Primers

Leather tanning

Wine production

Wood adhesives

Others

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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Last Updated April 21, 2021