Chitosan is extracted from shells of aquatic species such as lobsters, shrimps, and crabs and is derived from chitin. Chitosan is widely used in dietary supplements as it inhibits lipid absorption in the gastrointestinal tract. It is also used in various healthcare applications due to its biodegradability and biocompatibility properties. It is used in hemostatic dressing in order to treat wounds owing to its anticoagulant properties.
Market Dynamics
Chitosan is also used in dental filler materials which is further projected to bolster the market growth. Chitosan is gaining traction in the healthcare industry where it is used in the manufacturing of bio-based products for wound care management.
Increasing demand for chitosan from dental applications is augmenting the market growth. It is used to manufacture mouthwashes, toothpaste, and chewing gums owing to its anti-decay and anti-plaque properties. The growing demand for chitosan as a flocculent in the water treatment industry is primarily fueling the market growth of chitosan.
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