Allantoin Market Overview
Allantoin is called as aluminium dihydroxy allantoinate. Allantoin is extracted from root comfrey. Allantoin is found naturally in plants like herb with flowers, sugar beet, tobacco seed, wheat sprouts and chamomile. Allantoin is also present in animals and organisms like bacteria. Allantoin is synthesized from uric acid by German scientists. Allantoin is used in medication as a moisturizer to prevent scaly, dry, rough, itchy skin and irritation of skin caused by radiation therapy, diaper rash, and skin burns. Allantoin is also used in face cream, face wash for hydrating the skin, smoothening the skin. Allantoin are used widely by skin care companies which helps in reducing sensitivity and irritation. Allantoin is used in skin care products like lotions, cleansers, face mask, serums etc. Allantoin used in antiseptic cream for healing wounds like burns, minor cuts & scrapes, relieve irritation. Allantoin is used in healing the skin faster. Allantoin helps in preventing new scar from forming. Allantoin is approved by FDA (Food & Drug Administration) for use at 0.5% to 2.0% in formulations. When used in scar creams allantoin works well with emollients and silicone. Allantoin has smoothening and healing properties. Allantoin is used in shampoos, hair spray and conditioners which helps in improving elasticity and softness of hair. Allantoin gives glossy look for hairs. Allantoin also moisturize hair and scalp by keeping hair soft due to its keratolytic property and keeps hair healthy by nourishing it. However, wide variety of applications in daily use products has given push in the growth of the Allantoin market.
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Attributes |
Details |
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Allantoin Market Value (2022) |
US$ 555.98 Mn |
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Allantoin Market Projected Value (2032) |
US$ 928.23 Mn |
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Allantoin Market CAGR (2022 – 2032) |
5.3% |
Allantoin Market Dynamics
Rise in disposable income and rate of urbanization
Rise in disposable income and rate of urbanization is one of the leading factors for the Global Allantoin Market growth. Urbanization has given rise in employment opportunities which has led to growth in disposable income. Urbanization has given rise in disposable income which allows the individual to enhance their lifestyle, standard living and spent more money on personal care products. Allantoin is used in oral hygiene products, skin care, hair care products which are daily needed and are high in demand by consumers. Various types of face cream, shampoos, are used to enhance lifestyle. Urbanization has given rise in standard of living. Mostly, women are working in every sectors and are more aware about their face, hairs keeping them maintain and healthy. Disposable income has allowed them to purchase the products in market. Rise in oral hygiene has given rise in purchasing oral hygiene products like mouth spray, mouth wash. As allantoin provides smoothening, shiny and glossy effects they are widely used in cosmetics products. Moreover, rise in disposable income and rate of urbanization has given rise in using cosmetics and personal care products. According to data published by United Nations in 2018, about 55% of the world’s population resided in urban areas, and it is projected that this percentage will increase over the forecast period. However, the growth in disposable income and population in urban areas boosts the demand for allantoin market.
Rise in use in pharmaceutical industries
Allantoin use in pharmaceutical industries has become the major factor in target market growth. Atopic eczema and atopic dermatitis causes dry, inflamed and itchy skin in children. Allantoin helps in soothing and relieving this symptoms in children by preventing them from breaking and scratching of skin. Allantoin has anti-inflammatory properties and thus used in treating child eczema. Allantoin are used in healing wound. Allantoin is used in managing medical conditions like eczema, wounds and acne. Allantoin helps in healing wound faster by stimulating to fibroblastic proliferation, regulation of inflammatory response and extracellular synthesis of matrix. Allantoin accelerates the growth of cartilages, bones and connective tissues, helps in removing young keloid scars, and has anti-oxidant and anti-inflammatory properties. Allantoin is also used in sunburn protection creams. For instance, in 2010, wound healing process induced by allantoin incorporated in soft lotion or oil has able to ameliorate, provides faster healing and help in re-establishment of normal skin in fast manner. However, rise in use in pharmaceutical products like antiseptic creams, lotions has given boosts in allantoin market growth.
Restrains:
However, allantoin is safe and does not have any side-effects but if it is not used according to the product instructions they may cause some allergic side effects like hives, inflammation, discoloration, redness, itching, rashes, swelling of face, dryness. Allantoin should not be used for serious burns, deeply puncture wounds and animal bites. Allantoin if inhaled it causes trouble in breathing, and dizziness. However, allantoin product if not handled carefully or not used according to the instructions may cause allergic reactions and this may restrain the target market growth.
Allantoin Market Segmentation
Global Allantoin Market is segmented based on source, application and region.
Source Insight
On the basis of source Global Allantoin Market is segmented into Synthetic and Natural. Synthetic Allantoin has dominated the market due to its wide use in cosmetic and pharmaceutical products which provides smoothening effect and anti-inflammatory properties.
Application Insights
On the basis of Application Global Allantoin Market is segmented into Cosmetics, Hair Care Products, Oral Hygiene Products, Skin Care Products, Pharmaceutical Products, and others. Skin Care Products are dominating the market due to increase in awareness about skin health, rise in use of sunscreen, serum, face wash, face cream, body lotions, cleansers, etc. In 2022, by (PMC), it was determined that consumer awareness and interest in skin care products is rising from pandemic.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Global Allantoin Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements. Moreover, rapid growth in cosmetic industries, high disposable income, rising urbanization which has changed the lifestyle of people, and new innovation and cosmetic product development by R&D is anticipated to increase demand for Allantoin in the region.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2022 |
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Forecast period |
2022 – 2032 |
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Market representation |
Revenue in USD Million & CAGR from 2022 to 2032 |
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Market Segmentation |
By Source – Synthetic, Natural By Application - Cosmetics, Hair Care Products, Oral Hygiene Products, Skin Care Products, Pharmaceutical Products, and others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Global Allantoin Market report based on source, application, and region:
Global Allantoin Market, By Source:
- Synthetic
- Natural
Global Allantoin Market, By Application:
- Cosmetics
- Hair Care Products
- Oral Hygiene Products
- Skin Care Products
- Pharmaceutical Products
- Others
Global Allantoin Market, By Region:
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-
- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Allantoin Market Key Players
The key players operating the Global Allantoin Market includes,
Cipla Health Ltd.
It is an Indian company. It is the manufacturer in personal care products and pharmaceutical products and chemicals.
Lubon Industry Co. Ltd.
It is the large scale group company in manufacturing, research & development of new products. It offers products like water treatment chemicals, organic & inorganic chemicals, textile dyeing chemicals, agrochemicals intermediate, and others.
Sunwell Chemicals
It is the professional company in manufacturing, marketing and distributing APIs & intermediates, food additives, plant extracts, and biochemicals.
Allan Chemical Corporation
It provides chemical products. It also offers the products like, reagents, pharmaceutical intermediates, flavors and fragrance ingredients.
WeylChem
It is the fine chemicals platform of International Chemicals Investors Group. It is the manufacturer of polymer, chemicals, pharmaceuticals and agrochemical products.
Merck KGaA
It offers chemicals in laboratories and industries like food, bioscience, cosmetics, printing, biopharma, LCDs, plastics, pharmaceuticals and other.
Rita Corporation
It offers different chemicals for pharmaceutical industries, personal care products and cosmetics.
Luotian Guanghui Chemical Co. Ltd.
It is the manufacturer of glyoxalic acid. It also offers good quality chemicals, solvents, dyes, and other.
EMD Performance Materials Corporation
It is the leading science & technology company which operates electronics, healthcare and life science industries.
AN PharmaTech
It is the supplier of high quality chemicals in manufacturing, and research & development.
Akema Fine Chemicals
It is the manufacturer of allantoin derivatives & preservatives in personal care products. It also offers specialty chemicals for allied products, chemicals and cosmetic products.
Ashland Inc.
It is an American chemical company which offers specialty ingredients in industries like construction, personal care products, architectural coating, food & beverage, pharmaceutical products, household products, and other.
BIOSYNTH
It offers life-science reagents and provides expert complex chemistry, peptides and biological raw materials.
Recent Development
- In April, 2022, Cipla Health Ltd., has launched new brand ‘Rivela Dermascience’ with 11 interesting products which are 100% non-toxic, cruelty free, paraben free, and offers safe & clean skincare. Allantoin & Salicyclic Acid Gel is the new product targeted for dry & dehydrated skin and acne-prone skin. It provides 24 hours moisturization, oil free hydration, skin conditioning and fast absorbing. Witch Hazel Toner the new product with allantoin, hazel, and six botanical extracts targeted for acne prone skin, enlarged pores and dry skin. It provides soothing effect on skin, regulates sebum production and tightens pores.
Allantoin Market Company Profile
- Cipla Health Ltd.*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lubon Industry Co. Ltd.
- Sunwell Chemicals
- Allan Chemical Corporation
- WeylChem
- Merck KGaA
- Rita Corporation
- Luotian Guanghui Chemical Co. Ltd.
- EMD Performance Materials Corporation
- AN PharmaTech
- Akema Fine Chemicals
- Ashland Inc.
- BIOSYNTH
“*” marked represents similar segmentation in other categories in the respective section.
Allantoin Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Source
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Allantoin Market, By Source
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Synthetic
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Natural
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Global Allantoin Market, By Application, 2022 – 2032, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Cosmetics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Hair Care Products
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Oral Hygiene Products
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Skin Care Products
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
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- Pharmaceutical Products
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Pharmaceutical Products
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- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Global Allantoin Market, By Region, 2022 – 2032, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Source, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Source, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Source, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Source, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Source, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Cipla Health Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lubon Industry Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sunwell Chemicals
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Allan Chemical Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WeylChem
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Merck KGaA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Rita Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Luotian Guanghui Chemical Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- EMD Performance Materials Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- AN PharmaTech
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Akema Fine Chemicals
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ashland Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BIOSYNTH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Allantoin Market is segmented into source, application, and region.
Allantoin Market is driven by factors like rise in disposable income, rate of urbanization and rise in use in pharmaceutical industries.
By region, the Allantoin market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements.
The key players operating the Allantoin Market includes, Cipla Health Ltd., Lubon Industry Co. Ltd., Sunwell Chemicals, Allan Chemical Corporation, WeylChem, Merck KGaA, Rita Corporation, Luotian Guanghui Chemical Co. Ltd., EMD Performance Materials Corporation, AN PharmaTech, Akema Fine Chemicals, Ashland Inc., BIOSYNTH, etc.