Global Allantoin Market - Industry Analysis, Growth & Forecast 2018-2025

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Global Allantoin Market
Drivers, Restraints, Potential Growth Opportunities,
Vendor Competitive Landscape, Trends and Forecast
2018
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Global Allantoin Market Size, Status and Forecast 2018-2025
• Adroit Market Research announced the launch of a study titled, “Global Allantoin Market Size 2017 By Application
(Cosmetics, Pharmaceuticals, Oral Hygiene, and Others), By Region and Forecast 2018 to 2025”.
• The study covers the global allantoin market value (USD Million) and volume (Kilo Tons) between 2015 and 2025. The
global allantoin market report also includes qualitative insights such as drivers and restraints. The global allantoin market
share for different applications have also been covered at a global, regional and country level for the time frame
mentioned above.
• By 2025, the global allantoin market revenue is estimated to reach USD 778.1 million. Growing demand as a vital
ingredient in cosmetics and pharmaceutical products is expected to augment the global allantoin market size over the
projected period.
• According to the Voluntary Cosmetic Ingredient Reporting Program (VCRP), allantoin is consumed in more than 1300
cosmetic products. In addition, government support for the use of allantoin in pharmaceutical and cosmetics are expected
to increase market reach. For instance, the Japanese Ministry of Health, Labor and Welfare has accepted allantoin as a
medicinal ingredient and to be used in the cosmetics industry. Growing penetration in toothpaste, cosmetic creams,
shampoos, mouthwashes, lotions, lipsticks, and anti-acne products for the purpose of improving the smoothness of skin,
healing wounds, and soothing irritated skin is expected to drive the global allantoin market share in cosmetics and
pharmaceutical sectors over the coming years.
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Global Allantoin Market Size, Status and Forecast 2018-2025
• Asia Pacific accounted for more than 30% of the global allantoin market share, both in terms of volume and revenue, in
2017. Growing cosmetics & personal care industry in India, China, Japan, and South Korea is expected to increase allantoin
demand over the projected period. Asia Pacific cosmetics & personal care market size accounted for more than USD 100
billion in 2017. Abundant availability of beauty products and increased per capita spending power in developing economies
is expected to augment the allantoin market concentration in Asia Pacific cosmetics industry.
• Cosmetics, pharmaceuticals, and oral hygiene together dominated the global allantoin market. The volume share of the
three segments together is anticipated to increase from 91.8% in 2017 to 92.2% by 2025, implying the others segment
losing its share. The unique properties of the chemical coupled with the rising demand from consumers for this ingredient in
formulations are expected to play a vital role in driving the global allantoin market growth over the forecast period.
Browse the complete report on @ https://www.adroitmarketresearch.com/industryreports/allantoin-market
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Global Allantoin Market Size, Status and Forecast 2018-2025
• Clariant, Ashland, RITA Corporation, Akema Fine Chemicals, Merck KGaA, LUBON INDUSTRY, Huanghua Suntime Chemical
Industry Co., Ltd, and Allan Chemical Corporation are the leading players present within the global allantoin market.
Manufacturers operating in this industry are increasing production of glyoxylic acid, a key raw material used in the
production of allantoin.
Application Overview, 2015-2025 (Kilo Tons) (USD Million)
• Cosmetics
• Pharmaceuticals
• Oral hygiene
• Others
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The global allantoin market is projected to reach USD 778.1 million by 2025. Clariant, Ashland, RITA Corporation, Akema Fine Chemicals, Merck KGaA, LUBON INDUSTRY are some of the prominent players operating in the global allantoin industry.