The United Kingdom has been a hub for innovations as we all know where it houses some of the most prestigious institutions of the world which are bound to make some groundbreaking researches regarding any sector of the industry.
The corporate sector of the United Kingdom has surely cashed in on its prestigious institutes’ researches. As the cosmetics and pharmaceuticals industry sees a rise in demand in recent times the commodities and essential raw material needed to run these industries are also seeing a rise in demand which is good for the chemical industry. Chitosan is a linear polysaccharide, which is made by treating the chitin shells of shrimp and other crustaceans with an alkaline substance, like sodium hydroxide. It has a number of uses including application in medical as well as the food and agriculture industry too. In a more controversial application lies the fact that it is used to limit fat absorption in the body, this application, however, is disputed. Chitosan is an important part of bioprinting materials and its use in the medical field is enormous such as using it in band-aids helps limit the blood flow and reduce the bleeding of the would afflict.
The demand for this biochemical has grown quite a bit in the European as well as in the United States region. The important factor for this rise is its use in the cosmetic industry which is growing more than ever. It will be interesting to see how the biochem markets fare to this spike in demand and supply chains.