Allantoin Market Report, By Application (Pharmaceuticals, Oral Hygiene and Cosmetics) and by Geography (North America, Europe, Asia Pacific, and Rest of the World) Analysis, Share, Trends, Size, & Forecast From 2019 2025
REPORT HIGHLIGHT
Allantoin Market was valued at USD 526.1 million by 2018, growing with 7.3% CAGR during the forecast period, 2019-2025.
Allantoin is a compound of the formula CHNO. Also called glyoxyl diureido or 5-ureidohydantoin. Glyoxylic acid Diuride. Allantoin is the main metabolic medium in most organisms including animals, plants, and bacteria. Allantoin is a cream which works as a moisturizer for treating rough scaly, skin irritation, itchy skin, etc. In 2018, the market was estimated at USD 526.1 million, with a CAGR of 7.3% during the study period. Increased demand for allantoin during the forecast period is expected as a result of an increase in demand for various personal care products such as hair conditioners, shampoos, mouthwashes, and toothpaste.
Market Dynamics
Allantoin offer several benefits like the moisturizing and keratolytic effect helps remove damaged skin cells and increases skin moisture. These excellent properties are expected to increase demand for cosmetics products during the forecast period. Increasing global pharmaceutical and drug development due to disease escalation, including Ebola and H1N1, will have a positive impact on the pharmaceutical industry, followed by increased global demand in the anticipated timeframe. This product is utilized as an essential ingredient in skin treatment cream for diseases such as psoriasis, cornea, keratosis.
The U.S allantoin market is expected to rise at a compound annual rate of 5.9% annually during the forecast period due to the presence of multiple pharmaceutical companies in the region. In addition, the presence of major U.S cosmetic manufacturers, including Procter & Gamble, L’Oreal, and Unilever, is expected to have a positive impact on industry growth. However, the ban on sandpaper extract, which is mainly composed of allantoin, may hinder price trends in the U.S, Europe, and Australia industries. For example, the U.S Food and Drug Administration (FDA) prohibits the internal use of products extracted from sanding due to pyrrolizidine alkaloid content. In addition, limited consumer awareness in the Middle East, Africa, Latin America, and other regions regarding product benefits can hinder market demand.
Application Takeaway
Allantoin is a widely used ingredient in many topical creams and healing preparations of its cell growth properties. Used to treat many skin diseases such as psoriasis and eczema. Due to the high demand for preventive medicine, the pharmaceutical sector in 2018, accounted for a significant share.
Chemical demand in the cosmetics industry is expected to increase over the forecast period. The high growth rate in this area results from the increasing demand of allantoin in the manufacture of beauty products due to superior properties such as removal of dead skill cells and increased skin moisture content. Allantoin’s global hygiene market is expected to grow significantly due to the rapid growth of the global oral care business. Allantoin functions are one of the major constituents of oral care products and provide protection to the mouth’s membrane from hot blisters and gums.
Regional Takeaway
In 2018, the Asia Pacific region dominated the worldwide industry. The rapid growth of the region’s cosmetics industry due to high disposable consumer income and lifestyle changes is expected to have a positive impact on industry growth. In addition, the pharmaceutical sector in the region is in strong demand as pharmaceutical manufacturers focus on setting up production facilities in India and China and the size of the allantoin market across the region expands. The Middle East, Africa, and Latin America may benefit significantly during the forecast period due to surging expense of consumers on personal care products such as skin care nutrients, skin cream, and eye drops.
The European market is expected to move forward with a promising CAGR during the forecast period. The region benefits from the presence of major manufacturers in the region and the established pharmaceutical and cosmetic industry. Citizens’ living standards are expected to help the market grow, coupled with increased demand for anti-aging products among women.
Key vendor takeaway
With the increased use of allantoin in cosmetic and pharmaceutical applications, key players are forced to increase their ability to produce glycosyl acids, an important ingredient in the manufacture of chemicals, worldwide. one of the major players in sugar-acid production, Hubei Rui SR Technology Co., Ltd., in 2015 expanded its production capacity to 5,000 tons per year. The report focuses on key players such as:
- Luotian Guanghui Chemical Co. Ltd.
- Allan Chemical Corporation
- Clariant
- EMD Performance Materials
- Huanghua Suntime Chemical Industry
- Rita Corporation
- Zhanhua Jinyuan Lide Biotechnology
- Lubon Industry Co. Ltd.
- Ashland Inc.
Allantoin manufacturers focus primarily on improving production technology to improve process yield. Industry leaders such as Ashland Inc., Clariant, are increasing production capacity to meet the growing demand for products. In the international market of allantoin, only a small number of industry participants focused on research and development to produce efficient and applicable products to meet the changing needs of consumers. The high initial costs and high operational costs associated with the market reduce the threat of new entrants.
Major industry players such as Ashland Inc., Clariant, are developing raw materials procurement and distribution ventures. Companies such as Akema S.r.l. and LuotianGuanghui produces raw materials to meet the needs of end-user industries such as pharmaceuticals and cosmetics. This factor helps companies reduce the costs associated with it. Such initiatives by major players are expected to intensify industry competition. Other major product manufacturers include Lubon, HuanghuaSuntime, Rita Corp, and EMD Performance Materials.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 to 2017
- Base Year – 2018
- Estimated Year – 2019
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY APPLICATION
- Cosmetics
- Pharmaceuticals
- Oral Hygiene
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. ALLANTOIN MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Application
2.1.2. Market Snippet by Region
2.2. Competitive Insights
3. ALLANTOIN KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. ALLANTOIN INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. ALLANTOIN MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. ALLANTOIN MARKET – BY APPLICATION
6.1. Overview
6.1.1. Segment Share Analysis, By Application, 2018 & 2025 (%)
6.2. Cosmetics
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Pharmaceuticals
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Oral Hygiene
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. ALLANTOIN MARKET– BY GEOGRAPHY
7.1. Introduction
7.1.1. Segment Share Analysis, By Region, 2018 & 2025 (%)
7.2. North America
7.2.1. Overview
7.2.2. Key Manufacturers in North America
7.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
7.2.4. North America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
7.2.5. U.S.
7.2.5.1. Overview
7.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.2.6. Canada
7.2.6.1. Overview
7.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Europe
7.3.1. Overview
7.3.2. Key Manufacturers in Europe
7.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
7.3.4. Europe Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
7.3.5. Germany
7.3.5.1. Overview
7.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.6. Italy
7.3.6.1. Overview
7.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.7. United Kingdom
7.3.7.1. Overview
7.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.8. France
7.3.8.1. Overview
7.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.9. Rest of Europe
7.3.9.1. Overview
7.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Asia Pacific (APAC)
7.4.1. Overview
7.4.2. Key Manufacturers in Asia Pacific
7.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
7.4.4. Asia Pacific Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
7.4.5. India
7.4.5.1. Overview
7.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.6. China
7.4.6.1. Overview
7.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.7. Japan
7.4.7.1. Overview
7.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.8. South Korea
7.4.8.1. Overview
7.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.9. Rest of APAC
7.4.9.1. Overview
7.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Latin America
7.5.1. Overview
7.5.2. Key Manufacturers in Latin America
7.5.3. Latin America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
7.5.4. Latin America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
7.5.5. Brazil
7.5.5.1. Overview
7.5.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.6. Mexico
7.5.6.1. Overview
7.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.7. Argentina
7.5.7.1. Overview
7.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.8. Rest of LATAM
7.5.8.1. Overview
7.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6. Middle East and Africa
7.6.1. Overview
7.6.2. Key Manufacturers in Middle East and Africa
7.6.3. Middle East and Africa Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
7.6.4. Middle East and Africa Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
7.6.5. Saudi Arabia
7.6.5.1. Overview
7.6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6.6. United Arab Emirates
7.6.6.1. Overview
7.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. KEY VENDOR ANALYSIS
8.1. Luotian Guanghui Chemical Co. Ltd.
8.1.1. Company Snapshot
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Allan Chemical Corporation
8.3. Clariant
8.4. EMD Performance Materials
8.5. Huanghua Suntime Chemical Industry
8.6. Rita Corporation
8.7. Zhanhua Jinyuan Lide Biotechnology
8.8. Lubon Industry Co. Ltd.
8.9. Ashland, Inc.
9. 360 DEGREE ANALYSTVIEW
10. APPENDIX
10.1. Research Methodology
10.2. References
10.3. Abbreviations
10.4. Disclaimer
10.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Allantoin market: Application Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Allantoin market, by Application 2014-2025 (USD Million)
TABLE Allantoin market: Regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Allantoin market, by Region 2014-2025 (USD Million)
TABLE North America Allantoin market, by Country, 2014-2025 (USD Million)
TABLE North America Allantoin market, by Application, 2014-2025 (USD Million)
TABLE Europe Allantoin market, by country, 2014-2025 (USD Million)
TABLE Europe Allantoin market, by Application, 2014-2025 (USD Million)
TABLE Asia Pacific Allantoin market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Allantoin market, by Application, 2014-2025 (USD Million)
TABLE Rest of the World Allantoin market, by country, 2014-2025 (USD Million)
TABLE Rest of the World Allantoin market, by Application, 2014-2025 (USD Million)
List of Figures
FIGURE Allantoin market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Application segment market share analysis, 2018 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Cosmetics market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Pharmaceuticals market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Oral Hygiene market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2018 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Allantoin market share and leading players, 2018
FIGURE Europe Allantoin market share and leading players, 2018
FIGURE Asia Pacific Allantoin market share and leading players, 2018
FIGURE Latin America Allantoin market share and leading players, 2018
FIGURE Middle East and Africa Allantoin market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Italy market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE UK market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE France market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Japan market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE South Korea market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of APAC market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market share analysis by country, 2018
FIGURE Brazil market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mexico market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Argentina market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of LATAM market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market share analysis by country, 2018
FIGURE Saudi Arabia market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE United Arab Emirates market size, forecast and trend analysis, 2014 to 2025 (USD Million)
