Global Technical Grade Tannic Acid Market to Reach USD 715.74 Million by 2032, Growing at 4.30% CAGR
Global Technical Grade Tannic Acid Market demonstrates robust expansion, with its valuation reaching USD 490 million in 2023. Industry projections indicate a steady growth trajectory at 4.30% CAGR, pushing the market size to approximately USD 715.74 million by 2032. This upward trend stems from increasing industrial applications in corrosion inhibition, pharmaceutical formulations, and leather processing, particularly in regions prioritizing sustainable industrial solutions.