Alginic Acid Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1805 | Report Format : | Status : Upcoming |

Abstract

Global Alginic Acid Market: Overview

Seaweeds are classified into red, brown, and green depending upon its pigmentation. Alginic acid is hydrophilic colloidal polysaccharide obtained from the brown seaweed and is also known as alginate. It has a color range from yellowish-brown to white powder. Alginic acid is used for various industrial applications and is also used in the food and beverage industry. When combined with magnesium carbonate and aluminum hydroxide, alginic acid forms antacids.

Global Alginic Acid Market: Segmentation

The global alginic acid market is segmented into its type of salts, end-use industry, functional use, and geography. On the basis of salt type, the market is divided into propylene glycol alginate, magnesium, lithium, ammonium alginate, calcium alginate, potassium alginate, and sodium alginate. Based on the end-use industry, the market is segregated into, leisure industry, technical industry, textile and paper industry, art and crafts, cosmetics, pharmaceuticals, and food industry. On the basis of functional use, the market is categorized into foaming and emulsifying agent, stabilizer, coating, adhesive, gelling agent, thickening agent, and moisture retainer. Diversification of the market on the basis of the region is seen into North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa.

Global Alginic Acid Market: Growth Factors

The alginic acid market is driven by the food and beverage industry mainly due to increasing demand for the meat products, processed food, and dairy products in this sector. The health benefits and commercial applications of alginic acid will boost the market growth. Alginic acid and its salts have the property of water absorption which makes it useful in the dehydration process and they are also used in the paper and textile industries. However, the expensive cultivation of brown seaweeds and the possible side effects caused due to an alginic acid such as stomach swelling may cause a hindrance to the market growth. Also, geriatric patients and people suffering from renal dysfunction should avoid the use of alginic acid. These factors will negatively influence the market demand in the long run.

Global Alginic Acid Market: Regional Analysis

The largest share in the alginic acid market is held by Europe and North America. Growth can be attributed to the rapidly developing food and beverage industry in these regions especially in Canada, the U.S., Germany, the U.K., Spain, France, and Italy. Asia Pacific follows the growth of Europe and North America. Growing demand in the pharmaceutical sector and rising consumption of packaged food and meat products among the consumers is driving the growth of the market in Asia Pacific region. Also, Latin America and the Middle East and Africa will be contributing a considerable share to the market growth.

Global Alginic Acid Market: Competitive Players

Some of the major companies in the alginic acid market include SNAP Natural & Alginate Products, KIMICA Corporation, IRO Alginate, Cargill Incorporated, Qingdao Rongde Seaweed Co. Ltd., Qingdao Allforlong Biotech Co. Ltd, and Qingdao Bright Moon Seaweed Group Co. Ltd., Qingdao Gather Great Ocean Algae Industry Group Co. Ltd., Lianyungang Huanyu Seaweed Co. Ltd, Qingdao Fengrun Seaweed Co. Ltd., and Protan AS.

Global Alginic Acid Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Lignin Waste Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2401 | Report Format:

Lignin Waste Market: Overview Lignin is an organic aromatic substance that helps in the binding of the fibers, cells, and vessels of wood; it helps the plant to achieve its physical arrangement as it is a highly phenolic polymer. After cellulose, lignin is the most common renewable source that i...Read More

Car Wash Detergents And Soaps Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2397 | Report Format:

Car Wash Detergents And Soaps Market: Overview Auto detailing is a process that makes the looks of the automobile better. It involves cleaning and waxing of the automobiles from top to bottom and from in and out. Automotive detailing process also includes car wash which makes use of the car wash...Read More

TAED Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2375 | Report Format:

TAED Market: Overview TAED is a shortened form which stands for tetraacetylethylenediamine. Tetraacetylethylenediamine is considered as an organic composite with the chemical formula (CH3C(O))2NCH2CH2N(C(O)CH3)2. The common utilization of tetraacetylethylenediamine is usually used as a bleach ac...Read More

Tackifier Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2374 | Report Format:

Tackifier Market: Overview Tackifiers are chemical composite that are utilized in creating adhesives and signifies the most important part of the hot-melt and demands sensitive adhesives. They are utilized in a wide-variety of applications, for instance: assembly adhesives, bookbinding adhesives...Read More

Potassium Hydrogen Sulfite Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2373 | Report Format:

Potassium Hydrogen Sulfite Market: Overview Potassium bisulfite is the alternative name for potassium hydrogen sulfite. Potassium hydrogen sulfite has an extreme odor of sulfur. This can be justified since potassium hydrogen sulfite reacts with the acid of any food product and SO2 is liberated w...Read More

Choose License Type:
Latest Published Reports

View All Published Reports