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Global Allantoin Market 2017-2021

About Allantoin

Allantoin is a chemical compound, which falls under the specialty chemical category. It is also known as 5-ureidohydantoin or glyoxyldiureide. Basically, it is the diureide of glyoxylic acid and is manufactured by the degradation of purine nucleobase by urate oxidase. Allantoin is formed by the oxidation of uric acid and by the catabolism of purine. It is found in various plants such as comfrey, chamomile, and wheat sprouts. It is a major intermediate in almost all living beings except human and other higher apes. In humans, the pathway to convert uric acid to allantoin is absent. Allantoin can be processed chemically as well as naturally and is safe as a compound. In research, it was observed that the use of allantoin increased the insulin resistance in rats and extended the lifespan of worms. In bacteria, it is used as a secondary source of nitrogen.

Technavio’s analysts forecast the global allantoin market to grow at a CAGR of 5.76% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global allantoin market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW
Technavio's 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.

Key vendors
  • Ashland
  • Clariant
  • EMD Performance Materials
  • Lisbon industry
  • RITA
Other prominent vendors
  • Akema Fine Chemicals
  • Allan Chemical
  • AN PharmaTech
  • BIOSYNTH
  • Huanghua Suntime Chemical Industry
  • Luotian Guanghui Chemical
  • Sunwell chemicals
  • Tokyo Chemical Industry
Market driver
  • Increasing demand for anti-aging products
  • For a full, detailed list, view our report
Market challenge
  • Medical complication with oral consumption
  • For a full, detailed list, view our report
Market trend
  • Use of allantoin in scar treatment and tattoo industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Allantoin Market 2017-2021

Technavio recognizes the following companies as the key players in the global allantoin market: Ashland, Clariant, EMD Performance Materials, Lisbon industry, and RITA.

Other Prominent Vendors in the market are: Akema Fine Chemicals, Allan Chemical, AN PharmaTech, BIOSYNTH, Huanghua Suntime Chemical Industry, Luotian Guanghui Chemical, Sunwell chemicals, and Tokyo Chemical Industry.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is 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 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 Medical complication 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.

Companies Mentioned

Ashland, Clariant, EMD Performance Materials, Lisbon industry, RITA, Akema Fine Chemicals, Allan Chemical, AN PharmaTech, BIOSYNTH, Huanghua Suntime Chemical Industry, Luotian Guanghui Chemical, Sunwell chemicals, and Tokyo Chemical Industry.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Segmentation of global allantoin market by application
    • Market size and forecast
      • Table Global allantoin market 2016 and 2021 ($ millions)
      • Table Market forecast: Global allantoin market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global allantoin market by application
      • Table Global allantoin market by application 2016
      • Table Global allantoin market by application 2021
      • Table Global allantoin market by application 2016 and 2021
    • Global allantoin market in cosmetics segment
      • Table Global allantoin market in cosmetics segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global allantoin market in cosmetics segment 2016-2021
    • Global allantoin market in pharmaceuticals segment
      • Table Global allantoin market in pharmaceuticals segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global allantoin market in pharmaceuticals segment 2016-2021
    • Global allantoin market in oral hygiene products segment
      • Table Global allantoin market in oral hygiene products segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global allantoin market in oral hygiene products segment 2016- 2021
    • Global allantoin market in other segments
      • Table Global allantoin market in other segments 2016 and 2021 ($ millions)
      • Table Market forecast: Global allantoin market in other segments 2016-2021
  • Geographical segmentation
    • Global allantoin market by geography
      • Table Global allantoin market by geography 2016
      • Table Global allantoin market by geography 2021
      • Table Global allantoin market by geography 2016 and 2021
    • Allantoin market in Americas
      • Table Allantoin market in Americas 2016 and 2021 ($ millions)
      • Table Market forecast: Allantoin market in Americas 2016-2021
    • Allantoin market in APAC
      • Table Allantoin market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Allantoin market in APAC 2016-2021
    • Allantoin market in Europe
      • Table Allantoin market in Europe 2016 and 2021 ($ millions)
      • Table Market forecast: Allantoin market in Europe 2016-2021
    • Allantoin market in ROW
      • Table Allantoin market in ROW 2016 and 2021 ($ millions)
      • Table Market forecast: Allantoin market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Regulation on use of comfrey for oral consumption
  • Market trends
    • Use of allantoin in scar treatment and tattoo industry
      • Table Scar treatment products containing allantoin
    • Increasing demand for male grooming products
      • Table Men grooming product portfolio containing allantoin
      • Table Geographic segmentation of male grooming market ($ billions)
    • Rising awareness about oral hygiene in developing countries through CSR
  • Vendor landscape
    • Competitor landscape
    • Other prominent vendors
  • Key vendor analysis
    • Ashland
      • Table Ashland: Business segmentation by revenue 2016
      • Table Ashland: Geographic segmentation by revenue 2016
      • Table Ashland: Business segmentation by product
    • Clariant
      • Table Clariant: Business segmentation by revenue 2016
      • Table Clariant: Geographic segmentation by revenue 2016
      • Table Clariant: Business segmentation by product
    • EMD Performance Materials (Merck)
      • Table EMD Performance Materials: Business segmentation by revenue 2016
      • Table EMD Performance Materials: Geographic segmentation by revenue 2016
      • Table EMD Performance Materials: Business segmentation by product
    • Lubon Industry
      • Table Lubon Industry: Business segmentation by products
    • RITA
      • Table RITA: Business segmentation by end-user segment
  • Appendix
    • List of abbreviations
  • ExploreTechnavio

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