Tannin Market (Updated Version Available)

The report offers detailed coverage of Tannin industry and main market trends. Tannin is a natural water soluble polyphenolic compound present in several plants. It is found in different plant organs such as leaves, seeds, fruits, roots, bark, and stem. Tannin is abundant in bark of an oak tree and in berry fruits. Other tannin-rich food items include nuts, herbs & spices, and legumes. Tannin is also abundant in chocolates and black tea. It is a natural astringent. Tannin is extracted with water or alcoholic solvents. It is also called tannic acid. It appears as pale yellow to light brown amorphous compound. The molecular weight of tannin ranges from 500 to 3,000 Da. They can bind with proteins, and other several polymers.
Rise in demand for leather and wine is anticipated to drive the tannin market during the forecast period. Demand for tannin is increasing in leather processing due to the growth in demand for leather bags, footwear, and other goods. Tannin is used for clarification in wine and beer production. Furthermore, tannin is naturally present in skin, seed, and stem of grapes, from which wine is prepared. Increase in demand for leather in the automotive industry is expected to boost the tannin market in the next few years. Demand for tannin is rising in the medical sector owing to its astringent and other healthy properties.
The tannin market in the Americas is witnessing a growth on account of the rising demand for tannins wine in the winemaking industries. France has the presence of well-established wine manufacturing plants. Tannins facilitates the aging of wine during the process of vinification of wine. As a result, France contributes the majority of shares toward the tannin structure market in Europe.

The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Tannin by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Tannin market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2028.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

First, this report covers the present status and the future prospects of the global Tannin market for 2015-2028.
In this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Ajinomoto Natural Specialties
Laffort
TANAC
Tannin Corporation

At the same time, we classify Tannin according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
Hydrolysable Tannin
Non-Hydrolysable Tannin

Market by Application
Medical
Leather Processing
Wine Production
Wood Adhesives
Others


Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Tannin market for the forecast period 2021 - 2028?
• What are the driving forces in the Tannin market for the forecast period 2021 - 2028?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Tannin industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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