Allantoin Market

Global Allantoin Market Size, Share, Growth, Trends, Price, Forecast: By Source: Synthetic, Natural; By Application: Pharmaceutical, Cosmetic, Oral Hygiene, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2023-2028

Global Allantoin Market Outlook

The global allantoin market size reached a value of approximately USD 624.9 million in 2022. The market is further projected to grow at a CAGR of 5.30% between 2023 and 2028, reaching a value of USD 851.88 million by 2028.

 

Key Trends in the Market

Allantoin is a naturally occurring substance that is used as an ingredient in skin care products to treat injuries and minor skin irritation, among other issues. They mostly help prevent dry and itchy skin and skin problems such as skin burns from radiation therapy and diaper rash.

 

Global Allantoin Market

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  • Rising awareness among individuals regarding the therapeutic characteristics and other benefits of allantoin such as its ability to protect the skin from UV radiations and pollution is driving the allantoin market growth across the globe.
  • Rapid urbanisation and increasing disposable income have improved the standards of living of individuals in various emerging economies, leading to increased adoption of personal care and grooming products such as cleansers and lotions.
  • Rising research activities for the development of drugs and medicines all over the world due to increasing number of diseases is increasing the application of allantoin in the pharmaceutical sector, resulting in the market growth.

 

Market Analysis

Based on source, the market is segmented into synthetic and natural. On the basis of application, the market is divided into pharmaceutical, cosmetic, and oral hygiene, among others. Based on region, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Allantoin Market

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global allantoin market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

 

  • Ashland Inc.
  • Hefei Home Sunshine Pharmaceutical Technology Co., Ltd.
  • Clariant AG
  • Akema Srl
  • Allan Chemical Corporation
  • Merck KGaA
  • ChemQuest International, Inc.
  • McKinley Resources Inc.
  • Ensign Chemical, LLC
  • Alpha Environmental 
  • Mil-Spec Industries Corporation 
  • Others

 

Market Share by Application

The cosmetic segment is anticipated to account for a large market share owing to the rising use of allantoin in the manufacturing of cosmetics because of its properties, including anti-inflammatory, among others. Several people face skin irritation and have a sensitive skin, wherein the use of allantoin proves to be beneficial as they are known to reduce irritation and sensitivity of the skin. Growing focus on maintaining healthy and young skin especially among women is increasing the demand for skin care products such as lotions, face masks, cleansers, and serums, resulting in the rapid growth of the allantoin market.

 

Global Allantoin Market

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Market Share by Region

The Asia Pacific accounted for a large market share owing to the growth of the cosmetics sector in the region, which is attributed to the changing lifestyles and rising disposable incomes. Additionally, pharmaceutical manufacturers are focusing on establishing more facilities in countries such as China and India which is likely to enhance the allantoin use in the region.

 

Meanwhile, growing consumer spending on cosmetics and personal care items including face creams, deodorants, sunscreen and skin care lotions, among others is contributing to the growth in allantoin market share in the Middle East and Africa.

 

Competitive Landscape

Ashland Inc. was founded in 1924 and is headquartered in Delaware, United States. It is a chemicals company that manufactures and markets a wide range of chemicals and thermoplastic resins for consumers across the globe.

 

Clariant AG is a multinational chemicals company that was founded in 1995. The company is headquartered in Muttenz, Switzerland and is known for dealing in additives, industrial and consumer specialities, and functional minerals.

 

Allan Chemical Corporation was established in 1984 and has its headquarters located in New Jersey, United States. The company specialises in raw materials, chemical sourcing, and chemical distribution, among others.

 

Other allantoin market players include Hefei Home Sunshine Pharmaceutical Technology Co., Ltd., Akema Srl, Merck KGaA, ChemQuest International, Inc., McKinley Resources Inc., Ensign Chemical, LLC, Alpha Environmental, and Mil-Spec Industries Corporation, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Source
  • Application
  • Region
Breakup by Source
  • Synthetic
  • Natural
Breakup by Application
  • Pharmaceutical
  • Cosmetic
  • Oral Hygiene
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Ashland Inc.
  • Hefei Home Sunshine Pharmaceutical Technology Co., Ltd
  • Clariant AG
  • Akema Srl
  • Allan Chemical Corporation
  • Merck KGaA
  • ChemQuest International, Inc.
  • McKinley Resources Inc.
  • Ensign Chemical, LLC
  • Alpha Environmental
  • Mil-Spec Industries Corporation
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Allantoin Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Allantoin Historical Market (2018-2022) 
    8.3    Global Allantoin Market Forecast (2023-2028)
    8.4    Global Allantoin Market by Source
        8.4.1    Synthetic
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Natural
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
    8.5    Global Allantoin Market by Application
        8.5.1    Pharmaceutical
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Cosmetic
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Oral Hygiene
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Others
    8.6    Global Allantoin Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2022) 
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2022) 
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2022) 
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2022) 
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2022) 
            8.6.5.2    Forecast Trend (2023-2028)
9    North America Allantoin Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Allantoin Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Allantoin Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Allantoin Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Allantoin Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.2    Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.3    Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.4    Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.5    Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles 
        17.2.1    Ashland Inc.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Hefei Home Sunshine Pharmaceutical Technology Co., Ltd
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Clariant AG
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Akema Srl
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Allan Chemical Corporation
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Merck KGaA
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    ChemQuest International, Inc.
            17.2.7.1    Company Overview
            17.2.7.2    Product Portfolio
            17.2.7.3    Demographic Reach and Achievements
            17.2.7.4    Certifications
        17.2.8    McKinley Resources Inc.
            17.2.8.1    Company Overview
            17.2.8.2    Product Portfolio
            17.2.8.3    Demographic Reach and Achievements
            17.2.8.4    Certifications
        17.2.9    Ensign Chemical, LLC
            17.2.9.1    Company Overview
            17.2.9.2    Product Portfolio
            17.2.9.3    Demographic Reach and Achievements
            17.2.9.4    Certifications
        17.2.10    Alpha Environmental
            17.2.10.1    Company Overview
            17.2.10.2    Product Portfolio
            17.2.10.3    Demographic Reach and Achievements
            17.2.10.4    Certifications
        17.2.11    Mil-Spec Industries Corporation
            17.2.11.1    Company Overview
            17.2.11.2    Product Portfolio
            17.2.11.3    Demographic Reach and Achievements
            17.2.11.4    Certifications
        17.2.12    Others
18    Key Trends and Developments in the Market


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Allantoin Market: Key Industry Highlights, 2018 and 2028 
2.    Global Allantoin Historical Market: Breakup by Source (USD Million), 2018-2022 
3.    Global Allantoin Market Forecast: Breakup by Source (USD Million), 2023-2028 
4.    Global Allantoin Historical Market: Breakup by Application (USD Million), 2018-2022 
5.    Global Allantoin Market Forecast: Breakup by Application (USD Million), 2023-2028 
8.    Global Allantoin Historical Market: Breakup by Region (USD Million), 2018-2022 
9.    Global Allantoin Market Forecast: Breakup by Region (USD Million), 2023-2028 
10.    North America Allantoin Historical Market: Breakup by Country (USD Million), 2018-2022 
11.    North America Allantoin Market Forecast: Breakup by Country (USD Million), 2023-2028 
12.    Europe Allantoin Historical Market: Breakup by Country (USD Million), 2018-2022 
13.    Europe Allantoin Market Forecast: Breakup by Country (USD Million), 2023-2028 
14.    Asia Pacific Allantoin Historical Market: Breakup by Country (USD Million), 2018-2022 
15.    Asia Pacific Allantoin Market Forecast: Breakup by Country (USD Million), 2023-2028 
16.    Latin America Allantoin Historical Market: Breakup by Country (USD Million), 2018-2022 
17.    Latin America Allantoin Market Forecast: Breakup by Country (USD Million), 2023-2028 
18.    Middle East and Africa Allantoin Historical Market: Breakup by Country (USD Million), 2018-2022 
19.    Middle East and Africa Allantoin Market Forecast: Breakup by Country (USD Million), 2023-2028 
20.    North America Historical Price Trends and Forecast 2018-2028 
21.    Europe Historical Price Trends and Forecast 2018-2028 
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028 
23.    Latin America Historical Price Trends and Forecast 2018-2028 
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028 
25.    Global Allantoin Market Structure

Key Questions Answered in the Report

The market reached a value of approximately USD 624.9 million in 2022.

The market is projected to grow at a CAGR of 5.30% between 2023 and 2028.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 851.88 million by 2028.

The key drivers of the market include rising applications in the pharmaceutical sector, growing awareness about the ability of allantoin to protect from UV radiation and pollution, and increasing consumer spending on cosmetics.

The key trends of the market are growing awareness regarding the therapeutic characteristics of allantoin, increasing disposable income, and rising research and development activities.

The sources of allantoins are synthetic and natural.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The key players in the market are Ashland Inc., Hefei Home Sunshine Pharmaceutical Technology Co., Ltd., Clariant AG, Akema Srl, Allan Chemical Corporation, Merck KGaA, ChemQuest International, Inc., McKinley Resources Inc., Ensign Chemical, LLC, Alpha Environmental, and Mil-Spec Industries Corporation, among others.

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