Global Tannin Market by Source, Product Types, Application, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026
The global tannin market is anticipated to expand at a considerable CAGR during the forecast period, 2020–2026.
Request for sample@https://dataintelo.com/request-sample/?reportId=80633
Tannin or tannoids are a class of astringent, polyphenolic biomolecules that bind to and precipitate proteins and various other organic compounds including amino acids and alkaloids. It is a natural water soluble polyphenolic compound present in several plants. It is found in different plant organs such as leaves, seeds, fruits, roots, bark, and stem. Tannin is abundant in bark of an oak tree and in berry fruits. Other tannin-rich food items include nuts, herbs & spices, and legumes. Tannin is also abundant in chocolates and black tea. It is a natural astringent. Tannin is extracted with water or alcoholic solvents. It is also called tannic acid. It appears as pale yellow to light brown amorphous compound. The molecular weight of tannin ranges from 500 to 3,000 and up to 20000.
Plants containing tannin include wattle, trefoil, sainfoin, quebracho, mangroves, eucalyptus, and canaigre. These plants are easy to procure, and the processes of manufacturing tannins from these plants are also easy. These factors are anticipated to accelerate the growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities:
- Growth in demand for leather bags, footwear, and other goods are some of the key trends driving the growth of the tannin market and thus fueling the growth of the market.
- Increasing demand from the leather and wine industry is a major factor driving market growth.
- Utilization of tannin extracts in pharmaceuticals is increasing due to the growing consciousness regarding the medical advantages of tannin-based products. This, in turn, is driving the growth for the market.
- High anti-oxidation properties present in tannins helps to provide Color stabilization of wine structural stability and these factors boost the growth of the market.
- Increase in market presence through extensive supply chain is expected to increase the demand for tannin among consumers. This, in turn, is driving the growth for the market.
- Stringent governments regulations, is a key restraint of the market.
- Prices of required raw materials are increasing due to the rising costs of production. This, in turn, is surging the cost of raw materials, thus hampers market growth.
- Demand for tannin is rising in the medical sector due to its astringent and other healthy properties is a key market opportunity.
Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=80633
Competitive Landscape:
Major companies in the global tannin market include Tannin Corporation, S.A. Ajinomoto OmniChem, W. Ulrich GmbH, and Laffort S.A.
The Global Tannin Market has been segmented on the basis of:
Source
- Plants
- Brown Algae
Product Types
- Hydrolysable
- Non-hydrolysable
- Phlorotannin
Application
- Medical
- Leather tanning
- Wine Production
- Wood Adhesives
- Anti-corrosive Primers
- Others
Regions
- Asia Pacific
- Europe
- North America
- Middle East & Africa
- Latin America
Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=80633
Why Choose Us:
- We offer industry-leading critical reports with accurate insights into the future of the market.
- Our reports have been evaluated by some industry experts in the market, thus making them beneficial for the company’s to maximize their return on investments.
- We provide a comprehensive pictorial representation of the information, strategic recommendations, outcomes of the analytical tools to offer an elaborate landscape, highlighting the key market players. This detailed assessment of the market will help the company increase efficiency.
- The demand and supply dynamics offered in the report give a 360 degree view of the market.
- Our report helps readers decipher the current and future constraints in the Tannin Market, and help them formulate optimum business strategies to maximize growth in the market.
Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- Tannin Market Overview
- Global Tannin Market Analysis and Forecast by Type
- Global Tannin Market Analysis and Forecast by Application
- Global Tannin Market Analysis and Forecast by Sales Channel
- Global Tannin Market Analysis and Forecast by Region
- North Tannin Market Analysis and Forecast
- Latin Tannin Market Analysis and Forecast
- Europe Tannin Market Analysis and Forecast
- Asia Pacific Tannin Market Analysis and Forecast
- Middle East & Africa Tannin Market Analysis and Forecast
- Competition Landscape
About DataIntelo:
DATAINTELO has set its benchmark in the market research industry by providing syndicated and customized research report to the clients. The database of the company is updated on a daily basis to prompt the clients with the latest trends and in-depth analysis of the industry. Our pool of database contains various industry verticals that include: IT & Telecom, Food Beverage, Automotive, Healthcare, Chemicals and Energy, Consumer foods, Food and beverages, and many more. Each and every report goes through the proper research methodology, validated from the professionals and analysts to ensure the eminent quality reports.
Contact Info:
Name: Alex Mathews
Address: 500 East E Street, Ontario,CA 91764, US.
Phone No: US: +1 909 545 6473 | IND: +91–7000061386
Email: [email protected]
Website: https://dataintelo.com