Chelating Agents: A Global Strategic Business Report
San Jose, California (Vocus/PRWEB) January 14, 2011
Although the market for chelating agents has been constrained by market pressures, and the temporary slowdown in demand due to the global economic recession, demand for chelating agents worldwide is expected to continue its steady growth over the coming years. While more than 70% of the global chelates demand comes from household and industrial cleaners, water treatment, and pulp and paper industries, chelates are finding increasing use in agriculture and medicine. New markets in Asia-Pacific and South America for water treatment and personal care sectors bode well for the chelates market.
Biodegradable chelating agents are likely to capture a significant share of the chelating agents market in the coming years, owing to potential health and environmental hazards associated with the use of non-biodegradable organic chelating compounds. Stringent regulations are driving companies across the globe to increase production of biodegradable chelating agents as they represent a safer alternative in comparison to the widely used non-biodegradable organic compounds, such as Ethylene Diamine Tetra Acetate (EDTA) and Nitrilo Tri Acetate (NTA). Besides, the gluconates market is experiencing significant growth in demand. A major factor assisting this growth is the environmental friendliness of gluconates over other chelating agents, EDTA, and glucoheptonates.
The market is witnessing emergence of many new chelating products and the transition of existing products towards newer markets and applications. Nuclear sector is one such prospective market, where chelating agents are employed to clean up nuclear waste at government sites or at nuclear power plants. In case of chelator types, citric acid is finding extensive usage in household detergents market, leading to steady growth in this segment. The segment is also responsible, to a certain extent, for weakening the phosphate market. Another reason for phosphates to decline is the anti-phosphate legislation. Though chelate technology has existed for more than 6 decades now, the market is continuously witnessing the arrival of new applications and new chelator types. This trend is likely to continue in future, with major chelates as well as minor chelators, such as gluconic acid, phosphonates, and other chelators, benefiting from newer applications.
The US represents the largest regional market for chelating agents worldwide, as stated by the new market research report on Chelating Agents. Europe trails behind the US, while future market growth is expected to be driven by regional markets, such as Asia-Pacific. Household and industrial cleaners represent the largest end-use sector for chelating agents worldwide. Meanwhile, growth in other end-use applications such as wastewater treatment is expected to outshine growth in Household and Industrial Cleaners sector.
Major players profiled in the report include Akzo Nobel, BASF SE, Dow Chemical Company, Lanxess AG, Mitsubishi Rayon Company, among others.
The research report titled “Chelating Agents: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the chelating agents markets, impact of the recession on the market, current market trends, key growth drivers, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for chelating agents market for the years 2007 through 2015 for the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific and Rest of World. Key end-use markets analyzed include Household and Industrial Cleaners, Waste Water Treatment, Paper & Pulp Processing, and Others. Also, a seven-year (2000-2006) historic analysis is provided for additional perspective.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Chelating_Agents_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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