Tannin Market: Industry Analysis by Application Potential, Competitive Market Share & Forecast, 2020 – 2027

Tannin Market Report provides an overview of latest technologies and in-depth analysis that reflect top vendor’s portfolios and technology; examines the strategic planning, challenges of leading brands and market opportunities for newcomers Tannins are naturally occurring polyphenols that can be found in chocolate, tea, nuts, legume trees, and fruits such as blueberry, grapes, persimmon, etc. Tannins are present in parts of plants such as bark, leaves, roots, plant galls, fruits, and fruit pods. They have the ability to bind and precipitate readily with proteins, starches, cellulose, and minerals. Tannins are responsible for imparting vibrant colors to flowers and leaves. Tannins find applications in the leather, pharmaceutical, cosmetics, textile, animal nutrition, and various other industries.

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The global tannin market is segmented on the basis of source, product, and application. On the basis of source, the tannin market is segmented into, plant and brown algae. On the basis of product, the market is bifurcated into, hydrolysable, non-hydrolysable, and phlorotannins. Based on application, the global tannin market is segmented into, leather tanning, wine production, wood adhesives, anti-corrosive primers, and others.

Top Key player Mentioned

  • ABOUT W. ULRICH
  • EVER SRL
  • LAFFORT
  • MAGANLAL SHIVRAM AND COMPANY
  • MIMOSA EXTRACT COMPANY(PTY) LTD
  • POLSON PTY. LTD.
  • A. AJINOMOTO OMNICHEM N.V - NATURALSPECIALITIES
  • SILVATEAM
  • TANAC
  • TANNIN CORPORATION

The reports cover key developments in the tannin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from tannin market are anticipated to lucrative growth opportunities in the future with the rising demand for tannin in the global market. Below mentioned is the list of few companies engaged in the tannin market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tannin market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

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Reason to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Tannin Market
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global Tannin Market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

The prevalent use of tannins in the leather and tanning industry to bind the protein collagen and prevent the disintegration of the collagen fibers by turning them into leather is anticipated to drive the tannin market in the future. The growing demand for leather bags, footwear, and other leather goods is likely to have a positive impact on the tannin market. Tannins also play an important role in the wine marking process as they prevent premature oxidation of wines and assisting in stabilizing the color of the wine. They are used in the wine industry chiefly as clarifying agents in wine and beer production. The growing consumption of wine across the globe is expected to support the growth of the allied tannin market. Tannins are widely used in the pharmaceutical industry, owing to their anti-cancer and anti-oxidant properties. They are used in the herbal preparation to treat sore throat, bronchitis, scars, burns, and insect bites. The widespread use of tannin across the leather, winemaking, pharmaceutical, and other industries is anticipated to spur the growth of the tannin market.

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Posted by on Thursday February 13 2020, 4:59 PM EDT. All trademarks acknowledged. Filed under Advanced Materials, Chemicals, Chemicals & Materials, Metallurgical, Metals & Minerals, Plastics, Pulp & Paper, Textiles. Comments and Trackbacks closed. Follow responses: RSS 2.0

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