Europe Tannin Market

Europe Tannin Market Overview

The Europe Tannin Market is determined to develop from USD XX million in 2019 to reach about USD XX million by the end of the anticipated period. The local market is expected to experience moderate growth throughout the calculated period (2021 -2026).

Tannin is mainly extracted from the bark of hemlock, chestnuts, mangroves and oaks. Blueberries, strawberries, walnuts, grapes, and oranges are also a rich source for this product. These plants and fruits are readily available and the extraction process is very simple. This factor could accelerate growth in market size in the future. According to the analysis, the hydrolyzable variant of tannin acts as a cancer inhibitor. Condensate is widely used in the leather industry. Florotannine is used in the pharmaceutical industry because it has oxidizing properties and precipitates proteins. Key properties associated with tannin comprise radiation protection, anti-cancer, anti-oxidation and anti-diabetic.

Recent Developments 

In May 2018, Rehap collaborated with the Bio Base Europe (BBEPP) pilot plant in Belgium to develop and expand the extraction of hot water from tannin.

Market Drivers and Restraints:

Condensed tannins are considered as the prominent organic compounds that can be extracted from almost all kinds of plant varieties. Hydrolyzable tannins form gallic acids when exposed to heating. These products have several antibacterial proeprties and are used in the making of pharmaceuticals. Recent studies have also suggested that hydrolyzables are effective against cancer. Non-hydrolyzable products are also called condensed tannins. Tannins are insoluble proteins and do not break down. Due to this property, they are used for the manufacture of leather. The demand for leather is overgrowing because of its adoption in the automobile, furniture, and clothing. The increase in people's disposable income and the growing demand for leather products should boost the growth of the industry. Tannins have high antioxidant properties that are necessary for wine production. It stabilizes the color of the wines and gives it the desired structure. These extracts aid the wines to age in a better manner, ferment properly and receive an alluring aroma. The increase in alcohol production and its simultaneous consumption are factors that should boost the market in the next nine years. The increasing manufacture of wood products has led to a high demand for wood adhesives. They are also used in the manufacture of wood adhesives thanks to the adoption of the Non-hydrolyzable tannins. Wood adhesives play a pivotal role in the end-uses of construction, furniture and musical instruments.

The Europe tannin market is deemed to progress significantly over the anticipated period. The leather and pharmaceutical sectors are the major verticals with the increased usage of leather, which is supported by the rising per capita spending and the availability of leading players in the locale. These factors should boost the European tannin industry to some extent. These tannins bind well to alkaloids, amino acids, and proteins. Due to these features, they found immense applications in industries like leather tanning, wine processing and wood adhesives. Tannin extracts obtained from oaks, quebracho and mimosas are used for the manufacture and treatment of leather. The wine industry needs a large number of extracts for winemaking and aging. Aged wines are a high-end product and to some, it considered as their status symbol. The increase in disposable income and the willingness to pay a considerable sum for high-end products such as wine are spurring the growth of the wine industry, benefiting the demand for wine applications. Companies invest in R&D activities and strive to develop a green manufacturing process. The development of new technologies along with constant improvements drives the growth of the industry.

Market Segmentation

The Europe tannin market can be segmented by source, type, and application. Tannins are present in various species of the plant kingdom.

Based on source, the Europe tannin market can be divided into plants and brown algae.

Based on the type, the regional marketplace can be separated into hydrolyzable and non-hydrolyzable.

By application, the Europe tannin market can be separated into medicine, leather processing, wine production, wood adhesives and others. Leather is considered as the dominant segment in this regional business due to the well-established automotive industry in the vicinity.

Regional Analysis

The market for Europe Tannin has been classified on the basis of geography into the United Kingdom, Germany, France, Italy, Spain and the rest of Europe. Europe was the most significant region that accounted for around 40% of total turnover in the previous years. The wine industry in this area is well-established, therefore the call for tannin in the area is also high. France, in particular, has a well-established wine industry and therefore has a significant share of the local tannin market.

Leading Company

Ajinomoto OmniChem had the most significant share of the Tannin market in terms of sales revenue in Europe in the previous years.

Key Players

The main players operating in the tannin market are Tannin Corporation, Forestal Mimosa Ltd, S.A. Ajinomoto OmniChem W. Ulrich GmbH, Tanac S.A, Ever s.r.l., Silvateam SpA, Polson Ltd, and Laffort S.A.