Xylan Market is predicted to witness a massive growth Up to 2024
Xylan Market size may show significant gains up to 2024. Positive application outlook in food additives and pharmaceutical industry may drive product demand.
Increasing application scope in pharmaceutical industry should drive global xylan market size. Pharmaceutical industry uses it for preparation of natural products such as medicines for effective therapeutic value and act as a hemicellulose. Global pharmaceutical market size surpassed USD 955 billion sales in 2015. Shift in focus towards consumer consciousness on health benefits may favor product demand in pharmaceutical applications.
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Positive indicators for acceptance of natural based low calorie sweetener owing to increasing comsumer health conscious should drive xylan market size for xylitol production. Xylitol market size was over 175 kilo tons in 2015 and industry expects above 6% gains up to 2024. Chewing gum industry dominated the xylitol application landscape and accounted for over 60% of the overall demand. Other important xylitol applications include confectionary, personal care, food and pharmaceuticls.
Increasing usage in food industry as a protein foam stabilizer and emulsifier during heating should drive xylan market size. Global food additives market was valued over 35 billion in 2015 and may surpass USD 55 billion by 2024, with over 5.5% growth. Key categories such as anti-caking agents, emulsifies, colors, flavors, enzymes, hydrocolloids, sweeteners and acidulants may favor product demand. Increasing consumer health concerns due to shift towards taste and interests regarding quality and nutritional value of product may drive industry growth.
It is used in various application such as packaging films, food coating and biomedical products. Downstream application of xylan polymer is found in paper, cosmetics and biofuel industries. It is referred as corn fiber gum, which is used as thickener, additives and adhesive to plastics. In addition, it increases break resistance and stretch along with biodegradation susceptibility.
Increasing application scope in paper making as excellent bonding material with various fibers should drive xylan market size. Global paper packaging materials was valued at over USD 195 million in 2015. Rising living standards and urbanization may drive product demand mainly in BRICS nation. Growing environmental concerns about plastic usage in packaging applications resulted in alteration in consumer preference to paper-based products. Strict government regulations and standards to promote recyclable paper-based products and to safeguard environment should drive market demand.
Composite films along with wheat gluten production may favor xylan market size in agriculture by-product application. It is used as an additive about 40% (w/w) in wheat gluten films. Films are prepared at pH ranging 4 and 11 and dried at controlled and uncontrolled environments. Key properties of composite films include water vapor transfer rate (WVTR) and solubility. EU exports wheat gluten to the U.S. market, which accounted for over 15% of total consumption. Potential sources include agricultural crops mainly sugarcane, straw, corn stalks, cobs, hulls & husks and sorghum starch production along with forest and pulping waste products from softwoods and hardwoods.
Key microencapsulation techniques such as coacervation, interfacial cross-linking polymerization and spray drying are used for xylan production. Product degradation occurs by hydrolytic enzymes such as xylanases. These enzymes are produced by organisms such as algae, bacteria, protozoa, fungi and arthropods. Presence of bacteria in human colon by prebiotics induction is used as a polymer for biodegradable composition.
Xylan is extracted from birch wood and is used for nanoparticles production by addition of different ester moieties. It is used to achieve controlled drug release, improve molecules bioavailability and bio distribution. Extraction from corn cobs and its usage for microparticles development as drug carriers for anti-inflammatory for colon specific delivery may fuel industry growth. It has comitogenic and mitogenic properties.
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Corn cobs is used as a low cost renewable material along with recycling role in waste products reduction. This approach should increase agricultural stability and stimulate industry growth. Corn cobs is used for microparticles development as drug carrier for colon specific delivery and toxic drugs such as usnic acid, sodium diclofenac (SD) and 5-aminosalycilic acid.
Raw materials variations due to different sources, extraction and environmental factors may hinder industry production. In addition, economic disputes and low raw material cost may pressurize xylan market price trend.
Global xylan market share is competitive. Key industry players include Xylan Corporation, Thomson Biotech and Southwestern Plating Company. These companies possess a significant growth in product development along with manufacturing and production expansion which may favor industry growth.
Other prominent companies include Richman Chemical, Chemos GmbH, CM Fine Chemicals, Jinan Haohua Industry and Hangzhou J&H.
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