Xylan Market – Global Industry Analysis Report, Share, Size, Growth, Price Trends and Forecast, 2024: Global Market Insights Inc. 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.
Positive indicators for acceptance of natural based low calorie sweetener owing to increasing consumer 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 pharmaceuticals. 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 1|Page