Global Alginate Market is accounted for $764.82 million in 2021 and is expected to reach $1,228.13 million by 2028 growing at a CAGR of 7.0% during the forecast period. Alginate, or alginic acid, refers to a naturally occurring polysaccharide usually extracted from brown algae.
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By geography, North America is projected to hold the largest share in the market due to the substantial healthcare spending and growing demand for advanced wound care in the U.S. The region is witnessing a rise in the number of surgeries and rising consumer preference to reduce hospital stay will stimulate the requirements for wound care solutions.
Some of the key players profiled in the Alginate Market include Algaia SA, Dastech International Inc, Ashland, Brenntag, Cargill, Ceamsa, Dohler Group, Dow Chemical Company, DuPont, FMC Corporation, Ingredients Solutions, Inc., Kimica Corporation, Marine Biopolymers Limited, Penford Corporation, and Shandong Jiejing Group Corporation.
Types Covered in Alginate Market
• High M
• High G
Products Covered:
• Calcium
• Potassium
• Propylene Glycol
• Sodium
• Magnesium
• Lithium
• Ammonium
Functions Covered:
• Thickening Agent
• Acidity Regulator
• Stabilizer
• Foaming and Emulsifying Agent
• Moisture Retainer
• Gelling Agent
• Adhesive
• Coating
Sources Covered:
• Laminaria
• Ascophyllum
• Macrocystis
Applications Covered:
• Industrial
• Medical & Pharmaceutical
• Food and Beverages
• Pulp & Paper
• Textile
• Cosmetics
• Biofuels
• Leisure Industry
• Art and Crafts
• Technical Industry
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