About the Chelating Agents Market
Chelating agents, also called chelants, sequestering agents, or complexing agents, form stable complexes after mixing with metal ions. These compounds achieve this by synchronizing with the metal ions of at least two sites, inactivating and solubilizing the metal ions that would otherwise damage the system on which they have been used. Chelating agents are primarily used for the following purposes:
Technavio Announces the Publication of its Research Report – Global Chelating Agents Market 2016-2020
Technavio recognizes the following companies as the key players in the global chelating agents market: AkzoNobel, BASF, Dow Chemicals, Kemira, and Tate & Lyle.
Other Prominent Vendors in the market are: Archers Daniel Midland, Ashland, EMD Millipore, Huntsman, Innospec, LANXESS, and Sigma–Aldrich.
Commenting on the report, an analyst from Technavio’s team said: “The emergence of silybin as a new iron chelating agent is a major trend gaining traction in this market. The compound acts as an iron chelator and has antioxidant properties. It also has radical scavenging abilities because of which it has been suggested as a chelator recently. Silybin is an hepatoprotectant, hypocholesterolemic, and cancer protective agent.”
According to the report, the increased use of chelating agents in pulp and paper industry will be a major growth driver for this market. Chelating agents reduce the negative effect of heavy metals that affect the performance of bleaching agents during chemical and mechanical pulping processes. The paper and pulp industry consists of three different divisions — pulp processing, paper manufacturing, and paper recycling.
Further, the report states that one challenge hampering the growth prospects for this market is the growing demand for bio-based chelating agents. APCAs, especially EDTA and DTPA, are widely used in several industrial, agricultural, and domestic applications. However, they are not biodegradable and persist in biological systems, affecting the environment. As a result, alternatives to conventional chelating agents such as STPP, phosphonates, EDTA, NTA, and DTPA that are environmentally friendly are being sought.
AkzoNobel, BASF, Dow Chemicals, Kemira, and Tate & Lyle, Archers Daniel Midland, Ashland, EMD Millipore, Huntsman, Innospec, LANXESS, and Sigma–Aldrich.
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