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North America Chitosan Market Snapshot (2023 to 2033)

The North America chitosan market is expected to attain a valuation of US$ 11.2 billion in 2023 and is projected to reach US$ 44 billion by 2033, expected to rise at a CAGR of 14.6% from 2023 to 2033.

The North American chitosan market is poised for significant growth in the foreseeable future due to increasing demand from diverse industries such as pharmaceuticals, biomedicals, personal care, water and wastewater treatment, agricultural chemicals, and more. Furthermore, the market for Chitosan is expected to be driven by the escalating demand for biocompatible and biodegradable substances in the coming years. Additionally, the ongoing research and development efforts aimed at creating biopolymers that fulfill the rising demand for less hazardous materials in various industries are projected to stimulate the demand for Chitosan in the near future.

The food and beverage industry is projected to experience a substantial demand for Chitosan due to favorable regulatory support from developed economies and growing awareness of the health benefits associated with the product. Moreover, the increasing use of Chitosan as a food preservative and stabilizer has significantly contributed to the market's expansion. Furthermore, the rising adoption of Chitosan as a clarifying agent in juices, a thickening agent in beverages, and for packaging food products is expected to drive the demand even further.

Attribute Details
Expected Market Value (2023) US$ 11.2 billion
Anticipated Forecast Value (2033) US$ 44 billion
Projected Growth Rate (2023 to 2033) CAGR of 14.6%

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2018 to 2022 North America Chitosan Demand Analysis vs. Forecast 2023 to 2033

The North American chitosan market was worth US$ 6.8 billion in 2018. It accumulated a market value of US$ 10.4 billion in 2022 while growing at a CAGR of 11.2% from 2018 to 2022.

chitosan market is expected to grow with a significant growth rate in the United States during the assessment period. The consumption of Chitosan is further estimated to grow by approximately 3.8 times over the forecast period in North America.

The growth of the North American chitosan market has been contributed by the growing demand for biodegradable and biocompatible substances in various end use industries including, pharmaceuticals and biomedical, personal care and cosmetics, water and waste water treatment, food and beverages, and others. This is due to manufacturers’ preference for the use of products with low carbon footprint along with the products which are associated with low waste generation which will decrease the cost of waste disposal and treatment to increase the profit margin.

On the basis of sources used for the production of chitosan, shrimp is anticipated to remain most preferred. Other sources includes lobsters, crabs, and fungi. Furthermore, there are several trends which are shaping the market of Chitosan in North America, which includes growing competition between the market participants, sustainable development, increasing investment in research for the development of the innovative and advance products and many others.

According to FMI’s analysis, chitosan market is expected to grow at 14.6% CAGR between 2023 and 2033. Chitosan is used in various end-use industries such as, pharmaceuticals and biomedical, water treatment, in personal care and cosmetics, agrochemicals, surgery and many others for several applications. Significantly growing end use segments is expected to benefit the market of chitosan. Moreover the growing demand for biodegradable and biocompatible materials in these end use industries is anticipated to boost the market of chitosan. Due to biocompatible nature, chitosan can be used in tissue engineering, for drug delivery, further the compound is used as coagulating and flocculating agent for water treatment, chitosan is further used as preservatives and as an ingredient if food and beverages and in nutraceuticals.

With the initiatives taken by the government to recover the economic growth and revive the performance of the industrial as well as commercial sector, chitosan market is expected to get the desirable growth from 2023.

Comparative View of Adjacent Markets

North America Chitosan Market:

Attributes North America Chitosan Market
CAGR (2023 to 2033) 14.6%
Market Value (2033) US$ 44 billion
Growth Factor Increasing use of chitosan as a food preservative and stabilizer and its rising use in water treatment is expected to drive market growth in the region.
Opportunity Efforts made by manufacturers and researchers to enhance purity and meet product standards are anticipated to create opportunities for both existing and new market players in the projected period.

Chitosan Powder Market:

Attributes Chitosan Powder Market
CAGR (2023 to 2033) 6.4%
Market Value (2033) US$ 8.2 billion
Growth Factor Increasing demand for chitosan powder from diverse end-use industries such as food and beverages, pharmaceuticals, dietary supplements, and personal care & cosmetics is expected to drive market growth.
Opportunity Growing popularity of chitosan powder is expected to create profitable opportunities for its market expansion.

Chitosan Oligosaccharides and Glucosamine Market:

Attributes Chitosan Oligosaccharides and Glucosamine Market
CAGR (2023 to 2033) 9.3%
Market Value (2033) US$ 5,779.9 million
Growth Factor Growing inclination toward non-modified functional ingredients is expected to fuel market growth.
Opportunity Increasing research & development activities for launching new and innovative products, as well as application expansion in different food categories is expected to create new avenues for market development.
Nikhil Kaitwade
Nikhil Kaitwade

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Why is Research & Development Considered Key to Chitosan Market Growth?

Investment in research and development (R&D) for the development of advance and innovative products to meet the growing demand and challenges faced by the end-use industries plays a crucial role for the market growth of a product.

Some of the key participants are investing in R&D to introduce advance and innovative chitosan product to cater the growing demand from the end-use application sectors. Their efforts also are intended to increasing their market footprint. Further, the investment is being done for process development to manufacture chitosan by consuming less energy and emitting minimum Greenhouse gas.

A significant amount is also been invested in nanotechnology, to utilize chitosan nanoparticles for drug delivery system to treat cancer and also to utilize chitosan in tissue engineering.

Does High Price For Chitosan Production Affect The Market?

Extracting chitin from various living organisms and transforming it into chitosan and other chitosan-based products is an energy-intensive and expensive process. The process further generates a huge amount of waste and to neutralize this waste, a large amount of energy and cost are consumed. Chitosan and its derivatives are generally imported from Asia Pacific, including China, Japan, India, and other Southeast Asian countries owing to low cost and the limited production capacity of the manufacturers of North America.

Several chitosan manufacturers of North America produce chitosan by Good Manufacturing Practices (GMP) process. GMP is a system that ensures the product being produced is consistent and controlled as per the quality standards set for that particular product. This type of practice is being done in the field of pharmaceuticals, dietary supplements, cosmetics, food and beverages and others. All these factors contribute to the high cost of chitosan. High cost of chitosan affects the growth of chitosan for its bulk usage in several end use applications.

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Country-wise Insights

Why the United States Dominates the North America Chitosan Market?

In North America, the United States holds for a prominent share in the market, accounting for about fourth fifth of the chitosan consumption in the region. The region is expected to grow with a CAGR of 14.8% until 2033. Owing to the strong industrialization and rapidly growing end-use application sectors the demand of chitosan has increased in the country.

Tthanks to strong trade relationship with the Asian players, import of chitosan based products from various Asian countries like China, India, Japan and others remain easy for the country, as Asian players provides chitosan at a low cost. Further, the growing research for the use of biopolymers in various end use industries is expected to benefit the market of chitosan in the country.

What is Driving Chitosan Sales in Canada?

In the North America Chitosan market Canada holds about one fifth of the market share and the market is estimated to witness a significant growth rate over the forecast period. The market in this region is expected to grow with a CAGR of 14.4% during the forecast period.

Pharmaceuticals and biomedical and personal care application segments are expected to remain the prominent end users of for chitosan in Canada. Moreover, the growing demand of biopolymers in various end use industries is estimated to boost the market of Chitosan in the coming years in the country.

Category-wise Insights

What Is the Market Share of Water Treatment in North America Chitosan Market?

By application, water treatment segment is expected to dominate the market by exhibiting a CAGR of 15.1% during the forecast period. Chitosan is used as coagulating and flocculating agent for the treatment of water and wastewater. It is because the compound helps to remove metal ions, bacteria, fungi and other microbes, dust particles, and other impurities from water and reduces odor from water.

The water treatment application segment accounts for about 15% of the overall chitosan consumption in North America. Moreover, the growing demand for water and wastewater treatment in the region is expected to boost the market of Chitosan in the coming years.

What is the Preferred Source for Deriving Chitosan?

The shrimp segment is expected to dominate the North American chitosan market with a CAGR of 15.3% during the forecast period. A number of sources are used for the extraction of chitin for the production chitosan such as, lobsters, fungi, crabs, shrimps and many others.

Of all the sources, shrimp is anticipated to remain the prominent source utilized for the manufacturing chitosan in the region owing to the easy processing. The source is further anticipated to grow with a substantial growth rate during the assessment period.

Opportunities in the North American Chitosan Market

It is being anticipated that nanotechnology will gradually make inroads in several sectors including medical, surgery, electronics, defense, water treatment, and others. Functional groups present in chitosan (hydroxyl and amino group) make chitosan an excellent adsorbing substance. Chitosan zinc oxide nanoparticles are efficient in removing 99% of colors from the effluent stream of the textile industry.

Chitosan nanoparticles can further be used as antibacterial and antimicrobial agents and gene delivery agents. These nanoparticles can also be used in antimicrobial textiles for the production of clothes for doctors, surgeons and other healthcare professionals.

Chitosan nanoparticles can further be utilized for skin regeneration. This type of nanoparticles can further be used for drug delivery systems, to treat cancer cells. Since chitosan is positively charged, it can attract negatively charged mucus and act as an excellent carrier for mucoadhesive drugs.

Start-ups in North America chitosan Market

Start-ups are crucial in identifying growth opportunities, including the North America chitosan market. They effectively translate inputs to outputs and adapt to market uncertainties, contributing to the industry's expansion. Some start-ups are expected to drive growth in the North America chitosan market.

  • Heppe Medical Chitosan is a manufacturer of pure biopolymers and nanoparticles derived from chitin and chitosan. The company specializes in producing high-quality chitin, chitosan, and derivatives for the cosmetics and pharmaceutical industries, adhering to rigorous Good Manufacturing Practice (GMP) standards.
  • ChitOcean specializes in developing medical-grade biopolymers using enzymatic clean technology. ChitOcean has established collaborations with various organizations, including ACOA, CCFI, Ensymm, Marine Institute of Memorial University, the National Research Council of Canada, and Natural Sciences and Engineering Research Council of Canada.
  • Mycodev has innovated a technology for producing customized chitosan, with specific molecular weight and degree of deacetylation, from waste biomass such as crustacean and edible mushrooms. They utilize fungal fermentation in their Canadian plant, which has a fermentation capacity of 6000L. Their product, MYMEDI, comes in three variations based on composition and particle size.

Competitive Landscape

The market for North America chitosan is highly competitive, with numerous prominent industry players making substantial investments in their production.

The key industry players are KitoZyme S.A., Tidal Vision Inc., Chitolytic, CarboMer, Inc., Spectrum Chemical MFG Corp., Foodchem International Corporation, Meron Group, Mycodev Group, Toronto research Chemicals, MP Biomedicals.

Key market players are employing organic growth strategies such as acquisitions, mergers, partnerships, and collaborations to bolster their product portfolios. This concentrated effort is anticipated to drive the growth of the North America chitosan market.

  • In March 2021, the University of Brasilia in Brazil, in partnership with the University of Campinas, Centro de Pesquisa em Biotecnologia Ltda, Hospital Regional da Asa Norte (HRAN), Hospital da Região Leste (HRL), and Hospital Universitário de Brasília (HUB/UnB), and initiated the VESTA clinical trial. The trial aimed to evaluate the efficacy of a new respirator equipped with chitosan nanoparticles in reducing SARS-CoV-2 infections among healthcare professionals.
  • In August 2021, United States medical device company Checkpoint Surgical Inc. acquired all assets of Switzerland-based start-up Monarch Bioimplants GmbH. The undisclosed acquisition aims to enhance Monarch's capabilities in peripheral nerve repair by leveraging their expertise in developing a groundbreaking chitosan membrane that aids in the healing of damaged peripheral nerves.
  • In March 2020, Bioavanta-Bosti, a renowned researcher in chitosan nanoparticles, introduced Novochizol. This innovative chitosan nanoparticle technology enables targeted delivery and containment of potential anti-COVID-19 drugs specifically to the lungs of critically ill patients.

Report Scope

Attribute Details
Market Value in 2023 US$ 11.2 billion
Market Value in 2033 US$ 44 billion
Growth Rate CAGR of 14.6% from 2023 to 2033
Base Year for Estimation 2022
Historical Data 2018 to 2022
Forecast Period 2023 to 2033
Quantitative Units Revenue in US$ billion and CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered
  • Source
  • Application
  • Country
Key Countries Profiled
  • United States
  • Canada
Key Companies Profiled
  • KitoZyme S.A.
  • Tidal Vision Inc.
  • Chitolytic
  • CarboMer Inc.
  • Spectrum Chemical MFG Corp.
  • Foodchem International Corporation
  • Meron Group
  • Mycodev Group
  • Toronto Research Chemicals
  • MP Biomedicals
Customization & Pricing Available Upon Request

Key Segments Profiled in the North America Chitosan Industry Survey

Source:

  • Shrimp
  • Crab
  • Others

Application:

  • Water Treatment
  • Personal Care
  • Pharmaceuticals & Biomedical
  • Food & Beverages
  • Agrochemicals
  • Others

Country:

  • United States
  • Canada

Frequently Asked Questions

What is the North America Chitosan market CAGR for 2033?

The North America chitosan market CAGR for 2033 is 14.6%.

How Big is the North America Chitosan Market?

The market is valued at US$ 11.2 billion in 2023.

What is the projected market value of the global North America Chitosan market for 2033?

The projected market value of the market for 2033 is US$ 44 billion.

How Key Players are Developing the North America Chitosan Market?

Key players are developing the market by introducing new applications and expanding into new markets.

Who are the Key North America Chitosan Market Players?

The key market players are KitoZyme S.A., Tidal Vision Inc., and Chitolytic.

Table of Content

1. Executive Summary

    1.1. North America Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Source, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Source, 2023 to 2033

        5.3.1. Shrimp

        5.3.2. Crab

        5.3.3. Others

    5.4. Y-o-Y Growth Trend Analysis By Source, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Source, 2023 to 2033

6. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2023 to 2033

        6.3.1. Water Treatment

        6.3.2. Personal Care

        6.3.3. Pharmaceuticals & Biomedical

        6.3.4. Food & Beverages

        6.3.5. Agrochemicals

        6.3.6. Others

    6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033

7. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022

    7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033

        7.3.1. North America

    7.4. Market Attractiveness Analysis By Region

8. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022

    8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033

        8.2.1. By Country

            8.2.1.1. The USA

            8.2.1.2. Canada

        8.2.2. By Source

        8.2.3. By Application

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Source

        8.3.3. By Application

    8.4. Key Takeaways

9. Key Countries Chitosan Market Analysis

    9.1. USA

        9.1.1. Pricing Analysis

        9.1.2. Market Share Analysis, 2022

            9.1.2.1. By Source

            9.1.2.2. By Application

    9.2. Canada

        9.2.1. Pricing Analysis

        9.2.2. Market Share Analysis, 2022

            9.2.2.1. By Source

            9.2.2.2. By Application

10. Market Structure Analysis

    10.1. Competition Dashboard

    10.2. Competition Benchmarking

    10.3. Market Share Analysis of Top Players

        10.3.1. By Regional

        10.3.2. By Source

        10.3.3. By Application

11. Competition Analysis

    11.1. Competition Deep Dive

        11.1.1. KitoZyme S.A.

            11.1.1.1. Overview

            11.1.1.2. Product Portfolio

            11.1.1.3. Profitability by Market Segments

            11.1.1.4. Sales Footprint

            11.1.1.5. Strategy Overview

                11.1.1.5.1. Marketing Strategy

                11.1.1.5.2. Product Strategy

                11.1.1.5.3. Channel Strategy

        11.1.2. Tidal Vision Inc.

            11.1.2.1. Overview

            11.1.2.2. Product Portfolio

            11.1.2.3. Profitability by Market Segments

            11.1.2.4. Sales Footprint

            11.1.2.5. Strategy Overview

                11.1.2.5.1. Marketing Strategy

                11.1.2.5.2. Product Strategy

                11.1.2.5.3. Channel Strategy

        11.1.3. Chitolytic

            11.1.3.1. Overview

            11.1.3.2. Product Portfolio

            11.1.3.3. Profitability by Market Segments

            11.1.3.4. Sales Footprint

            11.1.3.5. Strategy Overview

                11.1.3.5.1. Marketing Strategy

                11.1.3.5.2. Product Strategy

                11.1.3.5.3. Channel Strategy

        11.1.4. CarboMer, Inc.

            11.1.4.1. Overview

            11.1.4.2. Product Portfolio

            11.1.4.3. Profitability by Market Segments

            11.1.4.4. Sales Footprint

            11.1.4.5. Strategy Overview

                11.1.4.5.1. Marketing Strategy

                11.1.4.5.2. Product Strategy

                11.1.4.5.3. Channel Strategy

        11.1.5. Spectrum Chemical MFG Corp.

            11.1.5.1. Overview

            11.1.5.2. Product Portfolio

            11.1.5.3. Profitability by Market Segments

            11.1.5.4. Sales Footprint

            11.1.5.5. Strategy Overview

                11.1.5.5.1. Marketing Strategy

                11.1.5.5.2. Product Strategy

                11.1.5.5.3. Channel Strategy

        11.1.6. Foodchem International Corporation

            11.1.6.1. Overview

            11.1.6.2. Product Portfolio

            11.1.6.3. Profitability by Market Segments

            11.1.6.4. Sales Footprint

            11.1.6.5. Strategy Overview

                11.1.6.5.1. Marketing Strategy

                11.1.6.5.2. Product Strategy

                11.1.6.5.3. Channel Strategy

        11.1.7. Meron Group

            11.1.7.1. Overview

            11.1.7.2. Product Portfolio

            11.1.7.3. Profitability by Market Segments

            11.1.7.4. Sales Footprint

            11.1.7.5. Strategy Overview

                11.1.7.5.1. Marketing Strategy

                11.1.7.5.2. Product Strategy

                11.1.7.5.3. Channel Strategy

        11.1.8. Mycodev Group

            11.1.8.1. Overview

            11.1.8.2. Product Portfolio

            11.1.8.3. Profitability by Market Segments

            11.1.8.4. Sales Footprint

            11.1.8.5. Strategy Overview

                11.1.8.5.1. Marketing Strategy

                11.1.8.5.2. Product Strategy

                11.1.8.5.3. Channel Strategy

        11.1.9. Toronto research Chemicals

            11.1.9.1. Overview

            11.1.9.2. Product Portfolio

            11.1.9.3. Profitability by Market Segments

            11.1.9.4. Sales Footprint

            11.1.9.5. Strategy Overview

                11.1.9.5.1. Marketing Strategy

                11.1.9.5.2. Product Strategy

                11.1.9.5.3. Channel Strategy

        11.1.10. MP Biomedicals

            11.1.10.1. Overview

            11.1.10.2. Product Portfolio

            11.1.10.3. Profitability by Market Segments

            11.1.10.4. Sales Footprint

            11.1.10.5. Strategy Overview

                11.1.10.5.1. Marketing Strategy

                11.1.10.5.2. Product Strategy

                11.1.10.5.3. Channel Strategy

12. Assumptions & Acronyms Used

13. Research Methodology

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List of Tables

Table 1: Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Market Volume (Tons) Forecast by Region, 2018 to 2033

Table 3: Market Value (US$ Million) Forecast by Source, 2018 to 2033

Table 4: Market Volume (Tons) Forecast by Source, 2018 to 2033

Table 5: Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 6: Market Volume (Tons) Forecast by Application, 2018 to 2033

Table 7: Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 8: Market Volume (Tons) Forecast by Country, 2018 to 2033

Table 9: Market Value (US$ Million) Forecast by Source, 2018 to 2033

Table 10: Market Volume (Tons) Forecast by Source, 2018 to 2033

Table 11: Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 12: Market Volume (Tons) Forecast by Application, 2018 to 2033
Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

List of Charts

Figure 1: Market Value (US$ Million) by Source, 2023 to 2033

Figure 2: Market Value (US$ Million) by Application, 2023 to 2033

Figure 3: Market Value (US$ Million) by Region, 2023 to 2033

Figure 4: Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 5: Market Volume (Tons) Analysis by Region, 2018 to 2033

Figure 6: Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Market Value (US$ Million) Analysis by Source, 2018 to 2033

Figure 9: Market Volume (Tons) Analysis by Source, 2018 to 2033

Figure 10: Market Value Share (%) and BPS Analysis by Source, 2023 to 2033

Figure 11: Market Y-o-Y Growth (%) Projections by Source, 2023 to 2033

Figure 12: Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 13: Market Volume (Tons) Analysis by Application, 2018 to 2033

Figure 14: Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 15: Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 16: Market Attractiveness by Source, 2023 to 2033

Figure 17: Market Attractiveness by Application, 2023 to 2033

Figure 18: Market Attractiveness by Region, 2023 to 2033

Figure 19: Market Value (US$ Million) by Source, 2023 to 2033

Figure 20: Market Value (US$ Million) by Application, 2023 to 2033

Figure 21: Market Value (US$ Million) by Country, 2023 to 2033

Figure 22: Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 23: Market Volume (Tons) Analysis by Country, 2018 to 2033

Figure 24: Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 25: Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 26: Market Value (US$ Million) Analysis by Source, 2018 to 2033

Figure 27: Market Volume (Tons) Analysis by Source, 2018 to 2033

Figure 28: Market Value Share (%) and BPS Analysis by Source, 2023 to 2033

Figure 29: Market Y-o-Y Growth (%) Projections by Source, 2023 to 2033

Figure 30: Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 31: Market Volume (Tons) Analysis by Application, 2018 to 2033

Figure 32: Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 33: Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 34: Market Attractiveness by Source, 2023 to 2033

Figure 35: Market Attractiveness by Application, 2023 to 2033

Figure 36: Market Attractiveness by Country, 2023 to 2033

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