Chitosan Market is projected to grow from USD 553.6 Million in 2017 to USD 1,088.0 Million by 2022, at a CAGR of 14.5% during the forecast period. Chitosan is used in the water treatment, food & beverages, cosmetics, medical & pharmaceuticals, and agrochemicals applications. The other applications of chitosan include pulp & paper and textiles.
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Research Methodology:
The top-down approach was used to estimate and validate the size of the chitosan market and various other dependent submarkets. The research study involved the extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and other government and private websites to identify and collect information useful for this technical, market-oriented, and commercial study of the chitosan market.
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The top key -players operating in the Chitosan Market are:
• Primex ehf (Iceland)
• Heppe Medical Chitosan GmbH (Germany)
• Vietnam Food (Vietnam)
• KitoZyme S.A. (Belgium)
• Agratech (US)
• Advanced Biopolymers AS (Norway)
• BIO21 Co., Ltd. (Thailand)
• G.T.C. Bio Corporation (China)
• Taizhou City Fengrun Biochemical Co., Ltd. (China)
• Zhejiang Golden-Shell Pharmaceutical Co., Ltd. (China).
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