London, 13 August 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Chelating Agents Market 2014-2018, which is expected to post a CAGR of 3.07 percent during the forecast period of 2013-2018.
Chelating agents are chemicals that form covalent bonds with metal ions, resulting in a metal-ion complex. These chemical substances reduce the negative impact that some metal ions have on chemical processes, formulations, and the environment, by chelating with them. They are used in a wide range of industries including Pulp and Paper and Water Treatment Chemicals.
Key Market Drivers
- Expansion of Production Capacities by Vendors
- Strong Demand from the Agrochemical Industry
- Increase in the Number of Applications
Key Market Trends
- Increasing Demand for Biodegradable Chelating Agents
- Growing Demand from Emerging Markets
- Growing Focus on Chelating Agent-enhanced Phytoremediation
Key Vendors
- AkzoNobel
- BASF
- Dow
- Lanxess
“One of the emerging trends in the market is the increasing demand for biodegradable chelating agents that have a low negative on the environment. Key vendors in the market have enhanced their portfolio to offer such products,” says Faisal Ghaus, Vice President of TechNavio.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
