North America Tannin Market to 2032
Overview
The North America Tannin Market is expected to reach a 753.04 USD Million by 2032 and is projected to grow at a CAGR of 6.66% from 2025 to 2032.
Revenue, 2024 (USD Million)
454.49
Forecast, 2032 (USD Million)
753.04
CAGR, 2024 - 2032
6.66%
Report Coverage
North America
North America Tannin Market 2018-2032 USD Million
North America Tannin Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 454.49 USD Million
- Projected Market Size (2032): 753.04 USD Million
- CAGR (2025-2032): 6.66%
Key Findings of North America Tannin Market
- The North America Tannin Market was valued at 454.49 USD Million in 2024.
- The North America Tannin Market is likely to grow at a CAGR of 6.66% 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 369.65 USD Million
- The fastest growing segment Binding Agent in Function Segment grew Fastest with a CAGR of 8.11% during the forecast period from 2024 to 2032.
North America Tannin Market Scope
North America Tannin Market Segmentation & Scope
Type
- Complex Tannins
- Ellagitannins (ETS)
- Gallotannins (GTS)
- Proanthocyanidins (PAS) Or Condensed Tannins (CTS)
Product Type
- Phlorotannin
- Lignosulphonates / Sulfonated Lignin
- Hydrolysable (Pyrogallol-Type Tannin)
- Non-Hydrolysable (Condensed)
Application
- Construction Chemicals & Water Treatment
- Oil & Gas
- Others
- Juices
- Coffee
- Tea
- Animal Food
- Medical/Pharmaceutical
- Wood Adhesives
- Wine Production
- Leather Processing
Source
- Synthetic Tannin Extract
- Natural Tannin Extract
Function
- Others
- Emulsifier
- Sequestering Agent
- Flocculant
- Dispersing Agent
- Binding Agent
Technology/Innovation
- Green Chemistry in Synthetic Tannin Production
- Circular Economy and Carbon Footprint Reduction Via Lignin Valorization
- Biorefinery Processes
End Use Format
- Pellets
- Liquid
- Powder
North America Tannin Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 454.49 USD Million |
| Market Value in 2032 | 753.04 USD Million |
| CAGR (2025-2032) | 6.66% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Product Type,Application,Source,Function,Technology/Innovation,End Use Format |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 454.49 USD Million in 2024
- Key Country: U.S., leading in terms of revenue with value of 344.35 USD Million in 2024.
Segments and Scope
-
North America Tannin Market to 2032, By Type
- Proanthocyanidins (PAS) Or Condensed Tannins (CTS) is the largest segment in North America Tannin Market to 2032 with a revenue of 293.58 USD Million in the year 2024.
- Proanthocyanidins (PAS) Or Condensed Tannins (CTS) is the Fastest growing segment in North America Tannin Market to 2032 with a Growth rate of 6.81 % in forecast period 2025-2032.
-
North America Tannin Market to 2032, By Product Type
- Non-Hydrolysable (Condensed) is the largest segment in North America Tannin Market to 2032 with a revenue of 229.47 USD Million in the year 2024.
- Non-Hydrolysable (Condensed) is the Fastest growing segment in North America Tannin Market to 2032 with a Growth rate of 6.95 % in forecast period 2025-2032.
-
North America Tannin Market to 2032, By Application
- Leather Processing is the largest segment in North America Tannin Market to 2032 with a revenue of 251.67 USD Million in the year 2024.
- Leather Processing is the Fastest growing segment in North America Tannin Market to 2032 with a Growth rate of 7.31 % in forecast period 2025-2032.
-
North America Tannin Market to 2032, By Source
- Natural Tannin Extract is the largest segment in North America Tannin Market to 2032 with a revenue of 369.65 USD Million in the year 2024.
- Natural Tannin Extract is the Fastest growing segment in North America Tannin Market to 2032 with a Growth rate of 6.79 % in forecast period 2025-2032.
-
North America Tannin Market to 2032, By Function
- Binding Agent is the largest segment in North America Tannin Market to 2032 with a revenue of 142.99 USD Million in the year 2024.
- Binding Agent is the Fastest growing segment in North America Tannin Market to 2032 with a Growth rate of 8.11 % in forecast period 2025-2032.
-
North America Tannin Market to 2032, By Technology/Innovation
- Biorefinery Processes is the largest segment in North America Tannin Market to 2032 with a revenue of 228.59 USD Million in the year 2024.
- Biorefinery Processes is the Fastest growing segment in North America Tannin Market to 2032 with a Growth rate of 6.93 % in forecast period 2025-2032.
-
North America Tannin Market to 2032, By End Use Format
- Powder is the largest segment in North America Tannin Market to 2032 with a revenue of 337.46 USD Million in the year 2024.
- Powder is the Fastest growing segment in North America Tannin Market to 2032 with a Growth rate of 6.76 % in forecast period 2025-2032.
North America Tannin Market Company Share Analysis
| Company Name |
|
||
| LANXESS | |||
| BASF SE | |||
| Balchem Corp. | |||
| Borregaard AS | |||
| Ajinomoto Omnichem | |||
North America Tannin Market Geographical Sales Distribution, 2018-2032 USD Million
North America Tannin Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Tannin Market is segmented based on Segmentation Type,Product Type,Application,Source,Function,Technology/Innovation,End Use Format.
North America Tannin Market was valued at USD 454.49(Revenue in USD Million) in 2024.
North America Tannin Market is projected to grow at a CAGR of 6.66% during the forecast period of 2024 to 2032.
The Natural Tannin Extract segment is expected to dominate the North America Tannin Market, holding a largest market share of 369.65 USD Million in 2024
North America Tannin Market Scope
North America Tannin Market Segmentation & Scope
Type
- Complex Tannins
- Ellagitannins (ETS)
- Gallotannins (GTS)
- Proanthocyanidins (PAS) Or Condensed Tannins (CTS)
Product Type
- Phlorotannin
- Lignosulphonates / Sulfonated Lignin
- Hydrolysable (Pyrogallol-Type Tannin)
- Non-Hydrolysable (Condensed)
Application
- Construction Chemicals & Water Treatment
- Oil & Gas
- Others
- Juices
- Coffee
- Tea
- Animal Food
- Medical/Pharmaceutical
- Wood Adhesives
- Wine Production
- Leather Processing
Source
- Synthetic Tannin Extract
- Natural Tannin Extract
Function
- Others
- Emulsifier
- Sequestering Agent
- Flocculant
- Dispersing Agent
- Binding Agent
Technology/Innovation
- Green Chemistry in Synthetic Tannin Production
- Circular Economy and Carbon Footprint Reduction Via Lignin Valorization
- Biorefinery Processes
End Use Format
- Pellets
- Liquid
- Powder
Frequently Asked Questions
The North America Tannin Market is segmented based on Segmentation Type,Product Type,Application,Source,Function,Technology/Innovation,End Use Format.
North America Tannin Market was valued at USD 454.49(Revenue in USD Million) in 2024.
North America Tannin Market is projected to grow at a CAGR of 6.66% during the forecast period of 2024 to 2032.
The estimated market value of the North America Tannin Market for final year is USD 753.04 (USD Million).
North America Tannin Market Company Profiling
Frequently Asked Questions
The North America Tannin Market is segmented based on Segmentation Type,Product Type,Application,Source,Function,Technology/Innovation,End Use Format.
North America Tannin Market was valued at USD 454.49(Revenue in USD Million) in 2024.
North America Tannin Market is projected to grow at a CAGR of 6.66% during the forecast period of 2024 to 2032.
The estimated market value of the North America Tannin Market for final year is USD 753.04 (USD Million).
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