(MoneyNewsWire.Net, September 02, 2017 ) 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.
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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.
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
Research 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 venors
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
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