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Tannin Market Tannin Market Size Worth USD 5,086.48 Million by 2034 | CAGR: 6.7% Tannin Market Size, Share, Trends, Industry Analysis Report: By Source (Plant and Brown Algae), Product Type, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034
Tannin Market • The global tannin market size was valued at USD 2,672.88 million in 2024. The market is projected to grow from USD 2,847.51 million in 2025 to USD 5,086.48 million by 2034. It is projected to exhibit a CAGR of 6.7% from 2025 to 2034. • Request To Sample : https://www.polarismarketresearch.com/industry-analysis/tannin- market/request-for-sample
Tannin Market • Key Market Players : • UCL Company (Pty) Ltd. • Polson Ltd. • Zhushan County Tianxin Medical & Chemical Co., Ltd. • Tannin Corporation • S.A. Ajinomoto OmniChem N.V. • Forestal Mimosa Ltd. • Tanin Sevnica Ltd.. • Ever s.r.l • LaffortSA
Tannin Market Tannin Market Report Highlights • Based on source, the brown algae segment dominated the tannin market with a larger revenue share of 78.4% in 2024. The high phlorotannin content of brown algae makes it a potential source of tannins for applications such as leather tanning and wood adhesives. • Based on application, the wood adhesives segment is projected to register the highest CAGR of 6.1% from 2025 to 2034. The rising manufacturing of wood products has resulted in increased demand for wood adhesives. • Europe dominated the tannin market with a 40.4% revenue share in 2024. The regional market dominance is fueled by the increasing tannin use in the leather and wine industries across Europe. • Buy Now : https://www.polarismarketresearch.com/buy/34/2
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