Alginate Market Share, Trends To 2022: Grand View Research, Inc.

Global alginate market is anticipated to witness growth on account of increasing demand from various sectors including industrial textile, chemical and food & beverage. Alginates act as thickening agents, texturants and binding agents and hence are widely employed in the industrial textile sector. Growth in this sector on account of increasing demand for textiles in end-use industries including construction and clothing particularly in emerging economies of Asia Pacific is anticipated to boost alginate demand over the forecast period. In addition, varied uses of alginate including immobilizing biocatalysts, paper manufacturing, textile printing, fish feed and wielding rods coating is likely to propel its market over the projected period.
http://www.grandviewresearch.com/industry-analysis/alginate-market