Chitin Market Status Analysis, Scope, Trend, Capacity and Forecast 2018-2026


 Market Overview

Chitin is the second-most abundant organic compound in nature and naturally occurs as a fibre forming polymer that plays a protective role in many lower eukaryotes similar to that of cellulose in plants. It is a long chain unbranched polysaccharide consisting of N-acetylglucosamine residues connected through β1,4 covalent bonds. Chitin plays an important role in biological structures such as insect peritrophic matrix, fungal cell walls, crustacean cuticles, cyst wall of protozoa and eggshells from nematodes. Owing to the varied characteristics chitin derivatives, such as chitooligosaccharides have many biotechnological applications. Chitin derivatives are also extensively used in areas which include biomedicine, pharmaceutical and food technology and agro-biosciences.

The main sources for chitin are cuticles of various crustaceans, mainly shrimps and crabs. Chemical demineralization and deproteinization are generally used methods for chemical extraction of chitin. The chitin which is present in the crabshell enables soil organisms to secrete enzymes called chitinases. Chitanases degrade chitin, which is a constituent of flea egg shells. The occurrence of chitin in the fertilizer turns it into a natural biopesticide, which makes it non-toxic to animals, fish, birds and plants.

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Market Dynamics

Chitin is widely used in healthcare industry due to properties such as renewable origin, biocompatibility, non-allergenicity, non-toxicity, and biodegradability in the body Owing to excellent biological activities such as antifungal, anticholesteremic agent, antitumor, antibacterial, antithrombogenic, immunoadjuvant, and bioadhesivity, chitin is widely used as a hydrating agent and absorption promoter. It also used for applications such as film production and wound healing. Chitin is also used as an excipient and drug carrier in gel, film, or powder form for many applications including mucoadhesivity.

Chitin Market Taxonomy

On the basis of product type, the global chitin market is classified into:

  • α-Chitin

    β-chitin

On the basis of end-use industry, the global chitin market is classified into:

  • Healthcare

    Agriculture

    Paper and Pulp

    Personal care products

    Biotechnology

    Food and Beverages

Some of the major companies operating in the global chitin market include Biothera, Navamedic ASA, Kunpoong Bio Co. Ltd., Advanced Biopolymers AS, CarboMer Inc., Heppe Medical Chitosan GmbH, Sonat Co., United Chitotechnologies Inc., Meron Biopolymers, Dalian Xindie Chitin Co. Ltd., QBas Co., TaizhouCandorly Sea Biochemical & Health Products Co. Ltd and PrimexEhf.

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