Global Allantoin Market 2017-2021

This industry research report identifies Ashland, Clariant, EMD Performance Materials, Lisbon industry, and RITA as the key vendors in the global allantoin market. This industry research report also presents a competitive analysis of the market by application (cosmetics, pharmaceuticals, oral hygiene, and others) and by geography (the Americas, APAC, Europe, and ROW).

Overview of the global allantoin market

Research analysis on the allantoin market identifies that the increasing demand for anti- ageing will be one of the major factors that will have a positive impact on the growth of the market. Additionally, the increasing old age population has also led to the increasing demand for anti-aging product, which in turn, increased demand for allantoin. The usage of allantoin in skin care product has shown favorable results among the user which will propel the market growth. Technavio's market research analysts predict that this market will grow at a CAGR of around 6% by 2021.

The increasing demand of allantoin among scar treatment and tattoo industry will be one of the major factors that will have a positive impact on the growth of the market. The increasing demand for cutaneous laser therapy, Q-switched lasers has led the people to get minor scarring. For instance, people in China are adopting Contractubex gel, which comprise of allantoin as one of the active ingredients, to reduce scarring after tattoo removal.

Competitive landscape and key vendors

Owing to the presence of several vendors, this market appears to be highly fragmented and competitive. The large vendors in the allantoin cream market are acquiring small vendors to widen their product portfolio and geographical presence.

The leading vendors in the market are -

• Ashland
• Clariant
• EMD Performance Materials
• Lisbon industry
• RITA

The other prominent vendors in the market are Akema Fine Chemicals, Allan Chemical, AN PharmaTech, BIOSYNTH, Huanghua Suntime Chemical Industry, Luotian Guanghui Chemical, Sunwell chemicals, and Tokyo Chemical Industry.

Segmentation by application and analysis of the allantoin market

• Cosmetics
• Pharmaceuticals
• Oral hygiene

During 2016, the cosmetic segment accounted for the major shares of this market. The increasing urbanization and increasing spending capacity among the users has boosted the market growth. The increasing popularity among men for cosmetic products has led to the growth of the allantoin cream market which will boost the market growth in the forecast period.

Geographical segmentation and analysis of the allantoin market

• Americas
• APAC
• Europe
• ROW

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. The region comprises of large pharmaceutical companies and increasing demand for eye drops, nutraceutical products, and other skin care products will propel the market growth for allantoin.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global allantoin market?
• What are the key market trends impacting the growth of the global allantoin market?
• What are the challenges to market growth?
• Who are the key vendors in the global allantoin market?
• What are the market opportunities and threats faced by the vendors in the global allantoin market?
• Trending factors influencing the market shares of the Americas, APAC, Europe, and ROW.
• What are the key outcomes of the five forces analysis of the global allantoin market?

Technavio also offers customization on reports based on specific client requirement.

Allantoin is a chemical compound which is also known as 5-ureidohydantoin or glyoxyldiureide. Allantoin is generally obtained by the oxidation of uric acid by purine catabolism. This upcoming research report on the global allantoin market offers insights into the major trends and forthcoming drivers influencing the growth of the chemicals and materials industry. Our reports for the chemicals and materials industry also follow a scrupulous data collection methodology and presents an analysis of fast growing market segments like specialty chemicals.  

Moreover, to achieve higher accuracy, our industry experts implement an extensive research approach of quantitative and qualitative data collection methods and assess the changing demand-supply landscape of the specialty chemicals sector. The key advantage gained from the adoption of this approach is better statistical models and vendor analysis. By considering the market forecast and size, surging demand for multiple segments of the specialty chemicals sector, the market research professionals at Technavio present an all-inclusive picture of the allantoin market from 2017 to 2021.

This forthcoming market research report on the allantoin market also covers vendors like Ashland, Clariant, Rita Corp., Huanghua Suntime Chemical Industry Co., Ltd., Allan Chemical Corporation, Zhanhua Jinyuan Lide Biotechnology Co., Ltd., Sunwell Chemical Co., and Yizhang Hongyuan Chemical Co. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the allantoin market also covers geographies like the Americas, APAC, Europe, and ROW.

The upcoming industry research report on the allantoin market also categorizes the prominent drivers, key trends, as well as the imminent restraints that the specialty chemicals sector currently experiences. This upcoming report on the allantoin market presents insights into the rapidly changing competitive landscape to give clients a complete picture of the forthcoming events within the chemicals and materials industry. Technavio also provides deep-dive market assessments into the sectors such as paints, coatings, and pigments and olefins.

Our market research methodology for the global allantoin market

Technavio also offers clients the possibility to customize every report to suit their specific requirements and offers attractive discounts on all forthcoming reports and future purchases.