Global Tannin Market to 2032
Overview
The Global Tannin Market is expected to reach a 4.31 USD Billion by 2032 and is projected to grow at a CAGR of 7.09% from 2025 to 2032.
Revenue, 2024 (USD Billion)
2.52
Forecast, 2032 (USD Billion)
4.31
CAGR, 2024 - 2032
7.09%
Report Coverage
Global
Global Tannin Market 2018-2032 USD Billion
Global Tannin Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2.52 USD Billion
- Projected Market Size (2032): 4.31 USD Billion
- CAGR (2025-2032): 7.09%
Key Findings of Global Tannin Market
- The Global Tannin Market was valued at 2.52 USD Billion in 2024.
- The Global Tannin Market is likely to grow at a CAGR of 7.09% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Natural Tannin Extract in Source Segment accounted for the largest share of the market with a revenue of 2.05 USD Billion
- The fastest growing segment Binding Agent in Function Segment grew Fastest with a CAGR of 8.48% during the forecast period from 2024 to 2032.
Global Tannin Market Scope
Global Tannin Market Segmentation & Scope
Technology/Innovation
- Green Chemistry in Synthetic Tannin Production
- Circular Economy and Carbon Footprint Reduction Via Lignin Valorization
- Biorefinery Processes
Application
- Construction Chemicals & Water Treatment
- Oil & Gas
- Others
- Juices
- Coffee
- Tea
- Animal Food
- Medical/Pharmaceutical
- Wood Adhesives
- Wine Production
- Leather Processing
Type
- Complex Tannins
- Ellagitannins (ETS)
- Gallotannins (GTS)
- Proanthocyanidins (PAS) Or Condensed Tannins (CTS)
Source
- Synthetic Tannin Extract
- Natural Tannin Extract
Function
- Others
- Emulsifier
- Sequestering Agent
- Flocculant
- Dispersing Agent
- Binding Agent
End Use Format
- Pellets
- Liquid
- Powder
Product Type
- Phlorotannin
- Lignosulphonates / Sulfonated Lignin
- Hydrolysable (Pyrogallol-Type Tannin)
- Non-Hydrolysable (Condensed)
Global Tannin Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 2.52 USD Billion |
| Market Value in 2032 | 4.31 USD Billion |
| CAGR (2025-2032) | 7.09% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Technology/Innovation,Application,Type,Source,Function,End Use Format,Product Type |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 2.52 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 344.35 USD Million in 2024.
Segments and Scope
-
Global Tannin Market to 2032, By Technology/Innovation
- Biorefinery Processes is the largest segment in Global Tannin Market to 2032 with a revenue of 1.28 USD Billion in the year 2024.
- Biorefinery Processes is the Fastest growing segment in Global Tannin Market to 2032 with a Growth rate of 7.35 % in forecast period 2025-2032.
-
Global Tannin Market to 2032, By Application
- Leather Processing is the largest segment in Global Tannin Market to 2032 with a revenue of 1.40 USD Billion in the year 2024.
- Leather Processing is the Fastest growing segment in Global Tannin Market to 2032 with a Growth rate of 7.71 % in forecast period 2025-2032.
-
Global Tannin Market to 2032, By Type
- Proanthocyanidins (PAS) Or Condensed Tannins (CTS) is the largest segment in Global Tannin Market to 2032 with a revenue of 1.63 USD Billion in the year 2024.
- Proanthocyanidins (PAS) Or Condensed Tannins (CTS) is the Fastest growing segment in Global Tannin Market to 2032 with a Growth rate of 7.23 % in forecast period 2025-2032.
-
Global Tannin Market to 2032, By Source
- Natural Tannin Extract is the largest segment in Global Tannin Market to 2032 with a revenue of 2.05 USD Billion in the year 2024.
- Natural Tannin Extract is the Fastest growing segment in Global Tannin Market to 2032 with a Growth rate of 7.21 % in forecast period 2025-2032.
-
Global Tannin Market to 2032, By Function
- Binding Agent is the largest segment in Global Tannin Market to 2032 with a revenue of 808.53 USD Billion in the year 2024.
- Binding Agent is the Fastest growing segment in Global Tannin Market to 2032 with a Growth rate of 8.48 % in forecast period 2025-2032.
-
Global Tannin Market to 2032, By End Use Format
- Powder is the largest segment in Global Tannin Market to 2032 with a revenue of 1.87 USD Billion in the year 2024.
- Powder is the Fastest growing segment in Global Tannin Market to 2032 with a Growth rate of 7.15 % in forecast period 2025-2032.
-
Global Tannin Market to 2032, By Product Type
- Non-Hydrolysable (Condensed) is the largest segment in Global Tannin Market to 2032 with a revenue of 1.28 USD Billion in the year 2024.
- Non-Hydrolysable (Condensed) is the Fastest growing segment in Global Tannin Market to 2032 with a Growth rate of 7.37 % in forecast period 2025-2032.
Global Tannin Market Company Share Analysis
| Company Name |
|
||
| LANXESS | |||
| BASF SE | |||
| Balchem Corp. | |||
| Borregaard AS | |||
| Ajinomoto Omnichem | |||
Global Tannin Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Tannin Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Tannin Market is segmented based on Segmentation Technology/Innovation,Application,Type,Source,Function,End Use Format,Product Type.
Global Tannin Market was valued at USD 2.52(Revenue in USD Billion) in 2024.
Global Tannin Market is projected to grow at a CAGR of 7.09% during the forecast period of 2024 to 2032.
The Natural Tannin Extract segment is expected to dominate the Global Tannin Market, holding a largest market share of 2.05 USD Billion in 2024
Global Tannin Market Scope
Global Tannin Market Segmentation & Scope
Technology/Innovation
- Green Chemistry in Synthetic Tannin Production
- Circular Economy and Carbon Footprint Reduction Via Lignin Valorization
- Biorefinery Processes
Application
- Construction Chemicals & Water Treatment
- Oil & Gas
- Others
- Juices
- Coffee
- Tea
- Animal Food
- Medical/Pharmaceutical
- Wood Adhesives
- Wine Production
- Leather Processing
Type
- Complex Tannins
- Ellagitannins (ETS)
- Gallotannins (GTS)
- Proanthocyanidins (PAS) Or Condensed Tannins (CTS)
Source
- Synthetic Tannin Extract
- Natural Tannin Extract
Function
- Others
- Emulsifier
- Sequestering Agent
- Flocculant
- Dispersing Agent
- Binding Agent
End Use Format
- Pellets
- Liquid
- Powder
Product Type
- Phlorotannin
- Lignosulphonates / Sulfonated Lignin
- Hydrolysable (Pyrogallol-Type Tannin)
- Non-Hydrolysable (Condensed)
Frequently Asked Questions
The Global Tannin Market is segmented based on Segmentation Technology/Innovation,Application,Type,Source,Function,End Use Format,Product Type.
Global Tannin Market was valued at USD 2.52(Revenue in USD Billion) in 2024.
Global Tannin Market is projected to grow at a CAGR of 7.09% during the forecast period of 2024 to 2032.
The estimated market value of the Global Tannin Market for final year is USD 4.31 (USD Billion).
Global Tannin Market Company Profiling
Frequently Asked Questions
The Global Tannin Market is segmented based on Segmentation Technology/Innovation,Application,Type,Source,Function,End Use Format,Product Type.
Global Tannin Market was valued at USD 2.52(Revenue in USD Billion) in 2024.
Global Tannin Market is projected to grow at a CAGR of 7.09% during the forecast period of 2024 to 2032.
The estimated market value of the Global Tannin Market for final year is USD 4.31 (USD Billion).
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