Allantoin Market Allantoin also called 5-ureidohydantoin or glyoxyldiureide is crystalline oxidation product used to heal local wounds and infection. It is an odourless white powder produced by the oxidation of uric acid. They are found in urine of many mammals except for human and primates and in botanical extracts of the comfrey plant. They are usually present in toothpaste, mouth, shampoo, lipsticks, lotion etc. Due to the awareness of healthy skin and hair among consumers, this market is growing rapidly.
Market Drivers:
As allantoin helps with the cell regeneration, they are effectively used to help promote wound healing specially in the treatments for skin which suffered abrasions or burns.
Market Restraints:
Usage of allantoin in skin sometime can cause side effects like burning, redness, stinging or redness.
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Scope of the Allantoin Market
- Current and future of Allantoin Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Global Allantoin Market is expected to rise from its initial estimated value of USD 506.67 million in 2018 to an estimated value of USD 826.02 million by 2026, registering a CAGR of 6.30% in the forecast period of 2019-2026. Due to its beneficial properties like eliminating dead skill cell, increasing water content in skin are the major reasons for its increase demand in cosmetic industry.
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Some of the leading key players profiled in this study:
Few of the major competitors currently working in allantoin market are Allan Chemical Corporation, Ashland, Akema Fine Chwmicals, Clariant, EMD Chemicals Performance Materials, RITA Corporation, Sunwell Chemicals Co.,Ltd., Jinyuan Lide Chem, Huanghua Suntime Chemical Industry Co., Ltd., Tengzhou Teglong Chenical, Co., Ltd.,China National Bluestar (Group) Co,Ltd, Weifang Hongyuan Chemical Co., Ltd, Lubon Industry, Luotian Guanghui Chemical Co. Ltd., Tokyo Chemical Industry Co., Ltd., AN Pharma Tech Co Ltd, BIOSYNTH.
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Key Pointers Covered in the Allantoin Market Trends and Forecast to 2026
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- Allantoin Market New Sales Volumes
- Allantoin Market Replacement Sales Volumes
- Allantoin Market Installed Base
- Allantoin Market By Brands
- Allantoin Market Size
- Allantoin Market Procedure Volumes
- Allantoin Market Product Price Analysis
- Allantoin Market Healthcare Outcomes
- Allantoin Market Cost of Care Analysis
- Allantoin Market Regulatory Framework and Changes
- Allantoin Market Prices and Reimbursement Analysis
- Allantoin Market Shares in Different Regions
- Recent Developments for Allantoin Market Competitors
- Allantoin Market Upcoming Applications
- Allantoin Market Innovators Study
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