Sep 1, 2017   SOURCE: PR NewsWire

Global Allantoin Market - Analysis, Technologies & Forecasts to 2021 - Growing Use of Allantoin in Scar Treatment & in Tattoo Industry

DUBLIN, September 1, 2017 /PRNewswire/ --

The "Global Allantoin Market 2017-2021" report has been added to Research and Markets' offering.

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The global allantoin market is forecast to grow at a CAGR of 5.76% during the period 2017-2021.

The report, Global Allantoin Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the use of allantoin in scar treatment and tattoo industry. The growing use of allantoin-based products in scar treatments, as a result of advanced treatment methods and formulations containing allantoin as one the key ingredient, is significantly driving the market growth. Allantoin softens keratin, smoothens the skin, and removes dead skin cells in a short time period.

According to the report, one of the major drivers for this market is the increasing demand for anti-aging products. One of the main factors for the growth of the anti-aging products market is the aging population of baby boomers. This population segment is an ideal target for the anti-aging products. The world population is growing old, and 8% of it is above the age of 65. The percentage is expected to double by 2030. The North American market is far more mature than other regions such as APAC.

Further, the report states that one of the major factors hindering the growth of this market is the medical complications with oral consumption. Allantoin in comfrey was earlier popular as an oral medicine for treating renal problems. Comfrey is a class of flowering plant that is widely used in herbal medicines and cosmetic products. Comfrey is a rich source of allantoin and is used as very good cell proliferant and is used in skin repair, scar treatment, bone growth, and hair growth. Owing to the remarkable benefits of comfrey, it is widely used in chemical drugs and herbal medicines.

Key vendors

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

Other prominent vendors

    --  Akema Fine Chemicals
    --  Allan Chemical
    --  Sunwell chemicals
    --  Tokyo Chemical Industry

    --  Others

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Application

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/nslwrc/global_allantoin

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