DUBLIN, May 17, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Chelating Agent Market by Type, by End-use Industry & by Region - Global Forecast to 2021" report to their offering.
The global chelating agent market, in terms of value, is projected to reach USD 6.18 Billion by 2021, at a CAGR of 4.12% from 2016 to 2021
High-growth application areas such as pulp & paper, cleaners, water treatment and personal care and extensive new product launch and agreement & collaboration activities by companies are key factors driving the global chelating agents market.
The chelating agent market has been segmented on the basis of type into aminopolycarboxylate, phosphates & phosphonates, and others (biodegradable chelating agents, N-(2-Hydroxyethyl) ethylenediaminetetraacetic acid (HEDTA) and zeolites). Phosphates & phosphonates are mainly used in industrial and household detergents & cleaners, food & beverage, and water treatment.
Aminopolycarboxylates, synthetic chelating agent, is estimated to be the largest market by type, as they are produced on an industrial scale to meet the demand for wide range of applications. They are one of the most widely used categories of chelating agents. They form chelants with metal ions that are present in a variety of domestic products, and hence are used intensively as metal sequestrants in several industrial applications.
The chelating agent market is expected to witness substantial growth, due to the increasing demand for chelating agents in various applications, including cleaners, water treatment, pulp & paper, agrochemicals, personal care, pharmaceuticals. Pulp & paper is the largest application for chelating agents. The pulp & paper industry has significantly progressed with substantial demands for varieties of papers for writing, printing, and packaging. Chelating agents play a vital role in paper processing. They inhibit the reactions of unstable metal ions with bleaching agents in chemical and mechanical pulp production processes.
Currently, Asia-Pacific is estimated to be the largest market for chelating agents, accounting for the largest market share, by value, in 2015. China dominated the Asia-Pacific chelating agents market in 2015, followed by India. India is the fastest-growing market for chelating agents, and is expected to surpass China in the near future. The high economic growth rate and growing demand for applications such as cleaners, water treatment, pulp & paper, agrochemicals, personal care, pharmaceuticals, and others will drive the chelating agents market in the next five years.
Companies such as AkzoNobel NA (Netherlands), Archer Daniels Midland Company (U.S.), BASF SE (Germany), Kemira Oyj (Finland), The DOW Chemical Company (U.S.), and Cargill, Incorporated (U.S.) are frontrunners in the global chelating agents market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Chelating Agents Market, By Type
8 Biodegradable Chelating Agents Market, By Type
9 Chelating Agents Market, By Application
10 Chelating Agents Market, By Region
11 Competitive Landscape
12 Company Profiles
- Akzonobel N.V.
- Archer Daniels Midland Company (Adm)
- Basf Se
- Cargill, Incorporated
- Emd Millipore
- Kemira Oyj
- Lanxess Ag
- Mitsubishi Rayon Co., Ltd
- Tate & Lyle Plc
- The Dow Chemical Company
For more information visit http://www.researchandmarkets.com/research/hn47bv/chelating_agent
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SOURCE Research and Markets