Aminopolycarboxylic Acid Market to Expand thanks to Extensive Use in Medical Industry : PMR
Industry: Market Research
Aminopolycarboxylic Acid (APCA) Market: Global Industry Analysis and Forecast 2015 - 2021
New York City, New York (PRUnderground) October 12th, 2015
Persistence Market Research has announced the release of a new report, titled ‘Aminopolycarboxylic Acid (APCA) Market: Global Industry Analysis and Forecast 2015 – 2021’. This report presents a thorough understanding of the aminopolycarboxylic acid market and helps in identifying the ongoing trends and expected growth of the market in the coming years. The report is an amalgamation of expert knowledge and helps stakeholders, chelant manufacturers, and consultants in aligning their market strategies.
The extensive use of aminopolycarboxylic acid within the medical industry is predicted to fuel the market for aminopolycarboxylic acid in the coming years. Aminopolycarboxylic acid is a compound comprising one or more nitrogen atoms. These nitrogen atoms are connected with the help of carbon atoms to two or more than two carboxyl groups. As a chelating agent, the molecules in the aminopolycarboxylic acid are able to present more than one bond to a metal ion and, therefore, accelerate the ion complex stability.
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Aminopolycarboxylic acid is amongst the most broadly utilized chelating agents, utilized in numerous applications including pulp and paper, water treatment, industrial cleaning and household, and agriculture. The demand for clean water is on the rise and the water treatment chemicals industry has grown exponentially owing to strict government policies. Therefore, to meet these requirements, aminopolycarboxylic acid is being widely utilized as a water softener for eliminating scale-forming magnesium and calcium ions. This increasing demand for aminopolycarboxylic acid in water treatment is predicted to further stimulate the market in the coming years.
Asia Pacific emerged as the biggest aminopolycarboxylic acid market and is predicted to be the most swiftly developing market due to the presence of a substantial number of manufacturers of chelating agents in this region, especially in China. Europe trailed Asia Pacific owing to the extensive use of aminopolycarboxylic acid in pharmaceutical and healthcare applications.
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BASF SE, AkzoNobel N.V, Cargill Incorporated, Sigma-Aldrich Corporation, Kemira Oyj, and Lanxess AG, among others, are the major players dominant in the market.
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