Chelating Agents Market: Comprehensive Research Study, Trends, Share, And Forecast 2028

PUNE, India - Jan. 13, 2023 - PRLog -- A chelating agent is a molecule substance which can form several bonds to a single metal ion. The chelate is a chemical compound composed of a metal ion and a chelating agent. These chelating agent have major role in pulp and paper, household and industrial cleaning, agrochemicals, water treatment, chemical processing and consumer products. In paper pulp and textile the chelating agent are used in bleaching processes for stabilization of peroxide solution. In addition the chelating agent are used for removal of metals from an industrial wastewater by simple pH adjustment, with or without addition of sulfide, carbonate, phosphate, or a carbamate. Also, in wastewater treatment plants, chelating agents are used to interfere with metal removal processes, allowing toxic metals to pass through untreated and contaminate the environment. The chelating agent market growth is expected to have significant growth due rising demand for cleaning formulations, such as surface cleaners, all-purpose cleaners, and disinfectants.

CHELATING AGENTS MARKET REPORT OUTLOOK

The global chelating agent market is anticipated to grow significantly during the forecast period. The key factor driving the growth of market is increase in demand for potable water as there is rapid population growth in developing countries, particularly in urban areas are creating great demand for chelating agent. Also rise in the use of environmentally friendly chelating agents in agriculture, food and beverages, personal care products, pharmaceuticals, pulp and paper, textiles, water treatment, and oil field applications is further fueling the growth for chelating agents market. Besides increasing awareness about homecare products is propelling the demand for chelating agents market.

CHELATING AGENTS MARKET KEY PLAYER

The key players in chelating agents market are Akzonobel N.V., Archer Daniels Midland Company (ADM), BASF SE, Cargill, Incorporated, The Dow Chemical Company, Merck KGaA, Lanxess AG, Kemira OYJ, Tate & Lyle PLC, Emd Millipore, Mitsubishi Rayon Co., Ltd, Nouryon, Nippon Shokubai Co., Ltd., Osam Speciality Chemicals Pvt. Ltd., Adm, Hexion, Ava Chemicals Private Limited, Nuova DOT srl and Zhonglan Industry Co.,Ltd. among others.

CHELATING AGENTS MARKET RECENT DEVELOPMENT

November 2020: BASF had introduced Neutrol MGDA, a readily biodegradable complexing agent for personal care applications. It is readily biodegradable and stands out due to its excellent ecological and toxicological profile. Complexing agents are used in cosmetic products to form very stable complexes with metal ions, thereby inactivating their negative influences on the final formulation.

August 2020: Dr Reddy's laboratories had launched penicillamine capsules in us. It is a chelating agent used in the treatment of Wilson's disease and to reduce cystine excretion in cystinuria and to treat patients with severe, active rheumatoid arthritis

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