#Corrosion Inhibitor Market Trends

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Volatile Corrosion Inhibitors Packaging Material Market: Navigating the Landscape of Smart Packaging for Corrosion Prevention

The Volatile Corrosion Inhibitors (VCI) Packaging Material Market is estimated to be valued at US$ 826 Mn in 2023 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview:

Volatile Corrosion Inhibitors packaging materials release protective vapors which coat metallic surfaces inside the package and shield them from corrosion. The coating prevents direct contact between air and unpacked metal components, thus effectively inhibiting corrosion. VCI packaging materials find major application in protecting ferrous and non-ferrous metals during storage and transit. They provide cost-effective corrosion protection compared to traditional methods. Market Key Trends:

Growing emphasis on eco-friendly product trends is driving demand for Volatile Corrosion Inhibitors packaging materials market. Traditional VCI films utilize nitrites as core corrosion inhibitors which have environmental concerns. Leading manufacturers are focusing on developing bio-based and non-nitrite VCI films using natural corrosion inhibitors such as fatty acids from plant oils. For instance, Cortec Corporation produces biodegradable VCI films from corn and other biomass. Such eco-friendly product innovations are boosting the adoption of VCI packaging for sustainable corrosion protection of metal parts and components. Porter’s Analysis:

Threat of new entrants: The VCI packaging material market has moderate threat of new entrants as it requires substantial R&D investment and compliance with various packaging regulations.

Bargaining power of buyers: The bargaining power of buyers is moderate to high as there are numerous established players providing VCI packaging solutions. Buyers can negotiate on prices and quality standards.

Bargaining power of suppliers: The bargaining power of suppliers is moderate as raw material suppliers such as plastics and paper manufacturers have established presence. However, volatility in raw material prices can affect the industry.

Threat of new substitutes: Threat of new substitutes is low as VCI packaging effectively protects against corrosion for metallic components during storage and transport.

Competitive rivalry: High as major players compete on product quality, innovation, and global expansion.

SWOT Analysis:

Strength: VCI packaging provides effective corrosion protection and extends product shelf life. It is a sustainable and recyclable solution.

Weakness: High material and production costs. Supplier dependency on raw materials.

Opportunity: Growing automotive, electronics, and industrial sectors driving the need for robust corrosion protection during international shipments. Development of bio-based and environment-friendly VCI films.

Threats: Stringent regulations regarding use of certain chemicals in packaging. Economic slowdowns reducing manufacturing output.

Key Takeaways:

The global Volatile Corrosion Inhibitors (VCI) Packaging Material Market is expected to witness high growth, exhibiting CAGR of 6.2% over the forecast period, due to increasing investment in manufacturing sector globally. North America dominates the VCI packaging material market currently due to major automotive and electronics production. Asia Pacific is expected to grow at fastest pace due to expanding manufacturing hub and growth in exports from China and India. North America accounts for over 30% of the global VCI packaging material market share currently owing to huge manufacturing output in United States. Asia Pacific VCI packaging material market led by China, Japan, and India is anticipated to expand at fastest CAGR of 7.5% through 2030 on back of increasing automotive and electronics FDI investments in the region. Key players operating in the VCI packaging material market are Cortec Corporation, Branopac GmbH, Armor Protective Packaging, Protective Packaging Corporation, Nefab Group, Daubert Industries, Inc., Zerust Excor, and Metpro Group. The major players are focusing on new product development, global expansion, and acquisitions to gain leading position in the market.

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Zinc Nitrite Manufacturing Plant Project Report 2024: Industry trends and Plant Setup

Introduction

Zinc nitrite is an inorganic compound used in various applications, including the production of other zinc compounds, corrosion inhibitors, and as a nitrifying agent in the chemical industry. Its unique properties make it valuable across several sectors, including construction, automotive, and agriculture. With the increasing demand for zinc compounds in industrial applications, establishing a zinc nitrite manufacturing plant presents a significant business opportunity. This Zinc Nitrite Manufacturing Plant Project Report outlines the essential components necessary for setting up a successful manufacturing facility, including market analysis, production processes, equipment requirements, and financial projections.

Market Analysis

Industry Overview

The global market for zinc nitrite is expanding due to its widespread applications in various industries. The demand for corrosion-resistant materials, particularly in the automotive and construction sectors, is driving growth. Additionally, as environmental regulations become stricter, the need for effective corrosion inhibitors and sustainable chemical solutions is rising.

Target Market

The primary target market for zinc nitrite production includes:

Chemical Manufacturers: Companies that utilize zinc nitrite in the synthesis of other zinc compounds.

Construction Industry: Manufacturers of paints, coatings, and adhesives that require corrosion inhibitors.

Automotive Sector: Producers of vehicle components that need protective coatings to enhance durability.

Agriculture: Fertilizer manufacturers looking for effective nitrifying agents.

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Production Process

Raw Materials

The primary raw materials required for zinc nitrite production include:

Zinc Oxide: The main source of zinc for the synthesis of zinc nitrite.

Nitric Acid: A key reactant that provides the nitrite ion necessary for the formation of zinc nitrite.

Water: Used for the reaction and purification processes.

Manufacturing Steps

Preparation of Reactants: High-quality zinc oxide and nitric acid are sourced to ensure optimal reaction conditions.

Chemical Reaction: The production of zinc nitrite involves the reaction of zinc oxide with nitric acid. The reaction typically occurs in a controlled environment to prevent excessive heat and ensure complete conversion.ZnO+2HNO3→Zn(NO2)2+H2O\text{ZnO} + 2\text{HNO}_3 \rightarrow \text{Zn(NO}_2)_2 + \text{H}_2\text{O}ZnO+2HNO3​→Zn(NO2​)2​+H2​O

Neutralization: The resulting zinc nitrite solution may be neutralized if necessary to adjust the pH for further processing.

Crystallization: The zinc nitrite is then crystallized from the solution. This involves cooling the solution to promote the formation of solid zinc nitrite crystals.

Separation and Drying: The crystals are separated from the remaining solution through filtration or centrifugation. The separated zinc nitrite is then dried to obtain the final product in powder form.

Quality Control: Rigorous quality control measures are implemented throughout the production process to ensure that the final product meets industry standards and regulatory requirements.

Equipment Requirements

Establishing a zinc nitrite manufacturing plant requires specialized equipment, including:

Reactor Vessels: For conducting the chemical reactions between zinc oxide and nitric acid.

Filtration Units: For separating zinc nitrite crystals from the solution.

Centrifuges: To enhance the separation process.

Crystallizers: For promoting the crystallization of zinc nitrite.

Dryers: To remove moisture from the final product.

Quality Control Laboratory Equipment: For testing the purity and quality of the final product.

Facility Requirements

Location

Choosing an appropriate location for the manufacturing plant is critical. Proximity to raw material suppliers and access to transportation networks can help minimize operational costs and streamline distribution.

Space

The facility should have designated areas for:

Raw material storage

Production area

Crystallization and drying sections

Quality control laboratory

Finished product storage

Administrative offices

Utilities

Ensure the facility has access to essential utilities such as water, electricity, and waste management systems. Compliance with environmental regulations is vital for sustainable operations.

Financial Projections

Initial Investment

The initial investment required for establishing a zinc nitrite manufacturing plant can vary widely based on factors such as location, scale, and technology. Major cost components include:

Land and facility construction

Equipment procurement

Raw material costs

Labor and operational expenses

Regulatory compliance and marketing costs

Revenue Projections

With effective management, a zinc nitrite manufacturing plant can expect to break even within the first 3-5 years. Revenue can be generated through direct sales to chemical manufacturers, construction companies, and other industries requiring zinc nitrite.

Profitability

Profit margins in the chemical manufacturing sector can vary but typically range from 15-25%, depending on market demand and operational efficiency.

Marketing Strategy

To effectively market zinc nitrite, consider the following strategies:

Brand Development: Establish a strong brand identity that emphasizes the quality and effectiveness of the product.

Industry Networking: Attend trade shows and conferences to build relationships with potential clients in the chemical and construction sectors.

Digital Marketing: Utilize online platforms to promote products and reach a broader audience.

Educational Campaigns: Conduct campaigns to inform industries about the benefits and applications of zinc nitrite.

FAQ

1. What is zinc nitrite used for?

Zinc nitrite is primarily used as a corrosion inhibitor, a nitrifying agent in fertilizers, and in the production of other zinc compounds.

2. How is zinc nitrite produced?

Zinc nitrite is produced by reacting zinc oxide with nitric acid, followed by crystallization and drying processes.

3. What safety concerns are associated with zinc nitrite manufacturing?

Safety concerns include handling hazardous chemicals and managing emissions. Strict safety protocols and proper equipment are essential to mitigate risks.

4. What are the startup costs for a zinc nitrite manufacturing plant?

Startup costs can vary significantly based on location and scale, typically including land, equipment, raw materials, and labor. A detailed business plan will help estimate these costs accurately.

5. Can zinc nitrite be sold internationally?

Yes, zinc nitrite can be sold internationally, but compliance with various regulatory standards in different countries is essential for successful export and market entry.

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Ethyleneamines Market Analysis: Key Drivers and Regional Trends

The ethyleneamines market has gained significant attention over the past few years. With projections pointing towards steady growth from USD 2.2 billion in 2023 to approximately USD 2.9 billion by 2030, it's clear that ethyleneamines are set to play an even larger role in multiple industries. This article will delve into the market trends, growth drivers, key applications, and much more.

What Are Ethyleneamines?

Ethyleneamines are a group of compounds made primarily from ethylene dichloride and ammonia. They are essential components in various chemical reactions and have a broad range of applications, making them highly valuable in industries like agriculture, personal care, and pharmaceuticals.

Key Drivers Behind the Ethyleneamines Market Growth

The ethyleneamines market is experiencing consistent growth due to several key factors:

1. Increasing Demand in the Agriculture Industry

Ethyleneamines are vital in the production of agrochemicals like pesticides and fertilizers. As the global population continues to grow, the need for enhanced agricultural output is driving demand for these chemicals.

2. Expanding Use in Pharmaceuticals

Ethyleneamines are crucial in the production of several pharmaceutical compounds, including antibiotics and cancer treatments. The global expansion of the pharmaceutical industry is fueling their demand.

3. Rising Demand for Personal Care Products

Products like shampoos, lotions, and creams often contain ethyleneamines, which enhance their properties. The growing consumer awareness and demand for personal care items contribute to the market's growth.

4. Growth in Water Treatment Applications

Ethyleneamines are essential in water treatment processes, where they help remove harmful substances. As governments enforce stricter water treatment regulations, the need for ethyleneamines is on the rise.

5. Increasing Use in Textile Chemicals

Ethyleneamines play a significant role in producing textiles, particularly in dyeing and finishing processes. The textile industry’s rapid growth, particularly in developing countries, is a significant market driver.

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Market Segmentation of Ethyleneamines

1. By Type

Ethyleneamines come in different forms, each with unique applications:

Ethylenediamine (EDA): Widely used in the manufacture of bleach activators, fungicides, and chelating agents.

Diethylenetriamine (DETA): Used in the production of paper, rubber chemicals, and fuel additives.

Triethylenetetramine (TETA): Common in adhesives, coatings, and corrosion inhibitors.

Tetraethylenepentamine (TEPA): Important for surfactants, lubricants, and various other industrial products.

2. By Application

Agrochemicals: Ethyleneamines are integral in manufacturing herbicides, insecticides, and fungicides.

Pharmaceuticals: Used in the synthesis of active ingredients and intermediates.

Personal Care: Employed in formulating shampoos, lotions, and other cosmetic items.

Textile Industry: Critical for dyeing, softening, and finishing processes in fabric production.

Water Treatment: Used in water purification to remove contaminants and improve water quality.

Geographical Insights

The ethyleneamines market is segmented based on regions:

1. North America

North America remains a dominant player in the global ethyleneamines market, driven by the robust demand in the pharmaceutical and personal care industries. The U.S. and Canada are the key contributors to this market growth.

2. Europe

Europe’s growth is driven by its strong manufacturing sector, particularly in agrochemicals and pharmaceuticals. Countries like Germany and France are leading the market.

3. Asia-Pacific

The Asia-Pacific region is projected to witness the highest growth rate due to the rapid industrialization in countries like China, India, and Japan. Increasing demand for agrochemicals, pharmaceuticals, and textiles in these nations propels the ethyleneamines market.

4. Latin America and Middle East

These regions are expected to see moderate growth, largely due to expanding agricultural sectors and rising water treatment needs.

Challenges in the Ethyleneamines Market

Despite the positive outlook, the market faces several challenges:

1. Environmental Concerns

The production of ethyleneamines can release harmful by-products that may have environmental consequences. Stricter environmental regulations could potentially hinder market growth.

2. Fluctuating Raw Material Prices

The cost of raw materials like ethylene and ammonia can be volatile, impacting the overall cost structure of ethyleneamine production.

3. Intense Competition

The presence of established players in the market makes it highly competitive, which can affect profit margins.

Opportunities for Growth

1. Innovations in Product Development

Research and development into new and more sustainable ethyleneamine products are creating opportunities. Biodegradable and environmentally friendly ethyleneamines could open up new markets.

2. Growing Demand for Green Solutions

The push for sustainable and eco-friendly solutions is driving innovation in industries like agriculture and water treatment, where ethyleneamines can play a role in reducing environmental impact.

3. Emerging Markets in Developing Countries

Developing regions, particularly in Asia-Pacific, present untapped potential. As industrialization increases, so does the demand for ethyleneamines across various sectors.

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These companies are involved in expanding their market presence through partnerships, product development, and acquisitions to stay ahead of the competition.

Ethyleneamines Market Forecast (2023–2030)

The ethyleneamines market is projected to grow at a steady rate of 4.2% CAGR from 2023 to 2030. The rise in demand from key industries such as pharmaceuticals, agriculture, and personal care will be the primary growth drivers during this period. Technological advancements in product development will also contribute to this growth.

Conclusion

The ethyleneamines market is poised for sustained growth, with a projected increase in demand across multiple industries. The versatility of these compounds, coupled with expanding industrial applications, makes them essential for various sectors. While challenges such as environmental concerns and raw material costs exist, innovations and growing demand in emerging markets provide ample opportunities for expansion.

FAQs

1. What are ethyleneamines used for? Ethyleneamines are used in agrochemicals, pharmaceuticals, personal care products, water treatment, and the textile industry.

2. What is driving the growth of the ethyleneamines market? Growth is driven by the increasing demand for agrochemicals, pharmaceuticals, personal care products, and water treatment solutions.

3. Which region is expected to dominate the ethyleneamines market? The Asia-Pacific region is expected to witness the highest growth, while North America remains a dominant player.

4. What challenges does the ethyleneamines market face? Challenges include environmental concerns, fluctuating raw material prices, and intense competition among market players.

5. How is the market forecasted to grow by 2030? The ethyleneamines market is expected to grow from USD 2.2 billion in 2023 to USD 2.9 billion by 2030 at a CAGR of 4.2%.

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Gear Oil Prices | Pricing | Trend | News | Database | Chart | Forecast

 Gear oil prices have experienced fluctuations in recent years due to a variety of factors that influence global markets, including supply and demand dynamics, crude oil prices, and economic conditions. Gear oil is a lubricant essential for the smooth operation of mechanical systems, especially in vehicles and industrial machinery. It helps reduce friction, wear, and tear, ensuring that moving parts operate efficiently. Due to its specialized use, the cost of gear oil can significantly impact industries such as automotive, manufacturing, and construction, where efficient machinery operation is crucial.

One of the key factors that influence gear oil prices is the price of crude oil. As a derivative of crude oil, lubricants like gear oil are sensitive to changes in the oil market. When crude oil prices rise, the cost of producing gear oil also tends to increase, leading to higher market prices for consumers. Conversely, when crude oil prices fall, manufacturers may reduce the cost of gear oil, passing the savings onto consumers. However, these changes are not always immediate, as manufacturers often purchase crude oil futures contracts to hedge against price fluctuations, which can cause a delay in the impact on gear oil prices.

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Global economic conditions also play a significant role in determining the cost of gear oil. In times of economic growth, demand for industrial machinery and vehicles tends to rise, leading to an increase in the consumption of gear oil. This heightened demand can put upward pressure on prices. On the other hand, during economic downturns or recessions, demand for machinery and vehicles typically declines, leading to a reduction in the consumption of gear oil. In such cases, manufacturers may lower prices to stimulate demand or reduce production to avoid an oversupply situation, which can keep prices stable or even reduce them.

Another factor affecting gear oil prices is the cost of raw materials and additives used in its formulation. Gear oils are formulated with base oils and various additives that enhance their performance, such as anti-wear agents, corrosion inhibitors, and extreme pressure additives. The cost of these components can vary based on supply chain disruptions, environmental regulations, and technological advancements. For example, stricter environmental regulations may increase the cost of producing certain additives, which could lead to higher overall gear oil prices. Additionally, technological advancements in lubrication may introduce new, more efficient formulations that could command higher prices due to their superior performance.

Supply chain disruptions also have a direct impact on gear oil prices. Events such as natural disasters, geopolitical tensions, or labor strikes can interrupt the production and distribution of crude oil, base oils, or additives, leading to shortages in the market. When supply is constrained, prices tend to rise as manufacturers compete for limited resources. Conversely, when supply chain operations run smoothly, prices are more likely to remain stable. The recent global pandemic, for example, caused significant disruptions in many industries, including oil production and distribution, leading to temporary spikes in gear oil prices.

The type of gear oil being purchased also plays a role in its pricing. There are several types of gear oils available on the market, each designed for specific applications, such as automotive, industrial, or marine. Synthetic gear oils, which are engineered to offer superior performance and longer service intervals compared to conventional oils, tend to be more expensive. Their higher cost is justified by their enhanced properties, such as better resistance to oxidation, thermal stability, and extreme pressure conditions. In contrast, conventional mineral-based gear oils are generally more affordable but may require more frequent changes to maintain optimal performance in machinery.

Regional factors also influence the price of gear oil. Prices can vary depending on the location of production, transportation costs, and local demand. In regions where oil production is abundant, such as the Middle East or North America, gear oil prices may be lower due to the proximity to raw materials and refining facilities. However, in regions that rely heavily on imports for their oil supply, such as Europe or Asia, transportation and import costs can drive up the price of gear oil. Furthermore, local regulations, taxes, and environmental policies can affect the final price that consumers pay in different markets.

The automotive industry is a major consumer of gear oil, and changes in this sector can have a direct impact on prices. The growing popularity of electric vehicles (EVs), for example, may reduce demand for conventional gear oils used in internal combustion engine (ICE) vehicles, potentially leading to a shift in pricing dynamics. EVs require different types of lubricants, and as their market share increases, manufacturers may adjust production volumes of traditional gear oils, influencing prices accordingly. Additionally, advancements in automotive technology, such as the development of more fuel-efficient engines and transmissions, may reduce the amount of gear oil needed, which could also affect demand and pricing.

Environmental sustainability is another factor that could impact gear oil prices in the future. As industries and governments around the world place more emphasis on reducing carbon emissions and improving energy efficiency, there is a growing demand for lubricants that offer better environmental performance. Bio-based and biodegradable gear oils, for example, are gaining traction in certain markets due to their lower environmental impact. However, these environmentally friendly alternatives are often more expensive to produce than traditional gear oils, which could lead to higher prices for consumers who prioritize sustainability.

In summary, gear oil prices are influenced by a complex interplay of factors, including crude oil prices, economic conditions, raw material costs, supply chain disruptions, product type, regional variations, and changes in the automotive and industrial sectors. Understanding these dynamics can help businesses and consumers make informed decisions about when and where to purchase gear oil. As markets continue to evolve, especially with the growing emphasis on sustainability and technological innovation, it will be important for both manufacturers and consumers to stay informed about the factors that drive gear oil pricing in order to navigate the challenges and opportunities that lie ahead.

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Increasing operation complexity and depleting reservoirs are creating demand for oilfield chemicals

A comprehensive overview of the global oilfield chemicals market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the oilfield chemicals market globally. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the global oilfield chemicals market at regional and country levels. The global oilfield chemicals market is likely to showcase a growth of around 3% during the forecast period (2021-2027).

Market Overview

There is significant growth in urbanization and industrialization with this the demand for oil and gas is increasing. Currently, the oil and gas industry has become a crucial part of our society as all the industries whether manufacturing, automotive, pharmaceuticals, chemical, construction, and other requires oil and gas products. So, it has become essential to increase the production of oil and gas. To increase the production several operations have to be done including drilling and cementing to name a few. This will require a significant amount of chemicals for stabilizing and maintaining the environment of the wellbore. Further, for fulfilling the demand for energy requirements there is a rapid increase in the unconventional reservoirs like shale. This has also increased the demand for oilfield chemicals. Moreover, depleting oil wells have created concern among the oil & gas companies to maintain the reservoir productivity otherwise companies would find difficulties in maintaining business performance. For instance, the number of producing wells in the United States reached a high of 1,029,700 wells in 2014 and steadily declined to 969,140 wells in 2019.

The global oilfield chemicals market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By type, the market is primarily divided into:

Demulsifiers

Corrosion Inhibitors

Water Clarifiers

Biocides

Scale Inhibitors

H2S Scavenger

Paraffin Inhibitor

Gas Well Foamers

Rheology Modifiers

Friction Reducers

Others

Demulsifiers accounted for a significant share of the global oilfield chemicals market. During the crude oil production process, oil and water are mixed with each other thereby creating an emulsion due to a number of factors. This creates an undesirable situation because, before crude oil refining, the oil needs to be water-free as much as possible. A large amount of oil is produced on daily basis, thus a large amount of demulsifiers is used to break the oil-water emulsion.

Moreover, corrosion inhibitors also hold a prominent position in the market and is likely to showcase substantial growth over the forecast period. Nowadays, oil & gas companies are drilling deeper to produce crude oil due to depleting easily accessible reservoirs. However, deeper wells contain more saline water which can provide harm to the equipment and component that are installed in the borehole. Therefore, to mitigate such situations, corrosion inhibitors are used.

By process, the market is primarily divided into:

Drilling

Production

Cementing

Workover & Completion

The production process accounted for a significant share of the market. This can be attributed to the consumption of a vast number of chemicals in large quantities. Further, in the last few years, the US has produced a record high crude oil resulting in more demand for production chemicals. Chemicals commonly used in the production process include demulsifiers, corrosion inhibitors, water clarifiers, biocides, scale inhibitors, H2S scavengers, paraffin inhibitors, gas well foamers, rheology modifiers, and friction reducers, among others.

Moreover, increasing drilling and production activities to meet the growing demand coupled with the increasing focus on unconventional reservoirs are likely to increase the consumption of chemicals in the production process.

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Global Oilfield Chemicals Market Geographical Segmentation Includes:

North America (United States, Canada, Rest of North America)

Europe (Germany, UK, France, Italy, Spain, Rest of Europe)

Asia-Pacific (China, Japan, India, Australia, Rest of APAC)

Middle East & Africa (Saudi Arabia, UAE, Nigeria, and Rest of Middle East & Africa)

South America (Brazil, Argentina, and Rest of South America)

The North American region held a considerable position in the market owing to a large number of oil reservoirs and growing exploration & production activities mainly in the US and Canada. In the last several years the oil production activity in countries like the US has increased significantly owing to a large number of fracturing activities in the country and huge investments in technology during the early stages of demand. Further, improving per-capita income and disposable income is encouraging consumers to purchase large numbers of products, thereby increasing the demand for oil-based raw materials.  In addition, the governments in several countries are helping the industry in expansion by providing subsidies and creating policies, for instance, US Intangible Drilling Costs Deduction (26 U.S. Code § 263. Active) provision. This provision allows companies to deduct a majority of the costs incurred from drilling new wells domestically. In its analysis of President Trump’s Fiscal Year 2017 Budget Proposal, the Joint Committee on Taxation (JCT) estimated that eliminating tax breaks for intangible drilling costs would generate $1.59 billion in revenue in 2017 or $13 billion in the next ten years. All these factors directly or indirectly increase the overall oil & gas industry including oilfield chemicals.

BASF SE

The Lubrizol Corporation

Dow Inc.

Akzo Nobel N.V.

Solvay S.A.

Stepan Company

Schlumberger Limited

Halliburton Company

Clariant AG

Baker Hughes Company

Competitive Landscape

The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating globally. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the global oilfield chemicals market. The major players have been analyzed by using research methodologies for getting insight views on market competition.

Key questions resolved through this analytical market research report include:

What are the latest trends, new patterns, and technological advancements in the global oilfield chemicals market?

Which factors are influencing the global oilfield chemicals market over the forecast period?

What are the global challenges, threats, and risks in the global oilfield chemicals market?

Which factors are propelling and restraining the global oilfield chemicals market?

What are the demanding global regions of the global oilfield chemicals market?

What will be the market size in the upcoming years?

What are the crucial market acquisition strategies and policies applied by the companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature. Please let us know if you have any custom needs.

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Impact of Regulatory Changes on the Ammonium Hepta Molybdate Market: A Focus on Palvi Chemical Industries Limited

Impact of Regulatory Changes on the Ammonium Hepta Molybdate Market: A Focus on Palvi Chemical Industries Limited

In the ever-evolving chemical industry, regulatory changes play a crucial role in shaping market dynamics. For companies like Palvi Chemical Industries Limited, a prominent Ammonium Hepta Molybdate manufacturer in India and a key Ammonium Tetra Molybdate supplier and exporter in UAE, staying ahead of these changes is vital. This blog delves into the impact of recent regulatory shifts on the Ammonium Hepta Molybdate market and how Palvi Chemical Industries Limited is navigating this landscape.

Understanding Ammonium Hepta Molybdate

Ammonium Hepta Molybdate, a molybdenum compound, is widely used in various industrial applications, including catalysts, pigments, and corrosion inhibitors. As a key player in the market, Palvi Chemical Industries Limited has established itself as a reliable Ammonium Hepta Molybdate manufacturer in India.

Market Implications

The regulatory changes have both challenges and opportunities for the Ammonium Hepta Molybdate market. While compliance with new regulations may increase operational costs, it also opens up avenues for innovation and market differentiation. Palvi Chemical Industries Limited leverages its expertise and adaptability to turn these challenges into growth opportunities.

Strategic Initiatives by Palvi Chemical Industries Limited

Innovation in Production:

Investing in R&D to develop eco-friendly production methods.

Collaborating with industry experts to stay abreast of regulatory trends and technological advancements.

Market Expansion:

Exploring new markets and strengthening their presence as an Ammonium Tetra Molybdate exporter in UAE.

Building strong relationships with international clients through reliable supply and consistent quality.

Sustainability Efforts:

Implementing green practices across their operations to reduce environmental impact.

Promoting sustainable use of resources through efficient waste management and recycling initiatives.

Conclusion

Navigating the impact of regulatory changes in the Ammonium Hepta Molybdate market requires agility, foresight, and a commitment to excellence. Palvi Chemical Industries Limited, with its strategic initiatives and unwavering focus on quality, stands resilient amidst these changes. As a leading Ammonium Hepta Molybdate manufacturer in India and a trusted Ammonium Tetra Molybdate supplier and exporter in UAE, they continue to set benchmarks in the industry.

For more information about Palvi Chemical Industries Limited and their products, visit their website. Stay informed about regulatory updates and industry trends to make well-informed decisions for your business.

[priyanshisingh]

Lubricants Market Insights: Comprehensive Global Forecast (2023-2032)

The global demand for Lubricants was valued at USD 1,75,484.2 Million in 2023 and is expected to reach USD 2,39,166.9 Million in 2032, growing at a CAGR of 3.50% between 2024 and 2032.

Lubricants play a critical role in ensuring the smooth operation and longevity of machinery and engines by reducing friction, heat, and wear between mechanical components. These substances, which can be liquid, semi-solid, or solid, are meticulously engineered to enhance performance across a wide range of applications, from automotive and industrial to marine and aerospace sectors. The primary function of lubricants is to create a protective film that minimizes direct contact between moving parts, thereby preventing damage and ensuring efficient power transmission.

Modern lubricants are composed of base oils and additives. Base oils, derived from crude oil or synthesized through chemical processes, constitute the bulk of the lubricant and determine its fundamental properties such as viscosity, thermal stability, and oxidation resistance. Additives are incorporated to impart specific characteristics, including anti-wear agents, detergents, dispersants, and corrosion inhibitors, which collectively enhance the lubricant's performance under various operating conditions.

The formulation of lubricants has evolved significantly, driven by advances in technology and stringent environmental regulations. Synthetic lubricants, for instance, offer superior performance in extreme temperatures and high-load conditions compared to conventional mineral oils. They also contribute to improved fuel efficiency and reduced emissions, aligning with global sustainability goals. In industrial applications, lubricants are essential for the maintenance of machinery used in manufacturing, mining, and energy production. By reducing downtime and extending the lifespan of equipment, they contribute to overall operational efficiency and cost savings. The automotive industry relies heavily on lubricants for engine protection, transmission efficiency, and fuel economy.

Here are some innovative trends in the lubricants market presented in points:

Shift to Synthetic Lubricants: Superior performance in extreme conditions, better thermal stability, and improved viscosity index.

Bio-based Lubricants: Made from renewable resources, biodegradable, non-toxic, and environmentally friendly.

Nanotechnology: Integration of nanoparticles to enhance lubrication properties, reduce friction, and increase wear resistance.

Smart Lubricants: Development of lubricants with self-healing properties and real-time monitoring capabilities for predictive maintenance.

High-Performance Additives: Use of advanced additives to improve lubricant efficiency, extend machinery life, and enhance performance.

Grease Lubricants: Innovations in grease formulations for specific industrial applications, providing better stability and performance under high loads.

Environmentally Friendly Formulations: Focus on reducing volatile organic compounds (VOCs) and improving biodegradability.

Electric Vehicle (EV) Lubricants: Specialized lubricants designed for the unique requirements of electric vehicle powertrains.

Industry-Specific Lubricants: Customized solutions for specific industries like automotive, marine, aerospace, and industrial machinery.

Sustainability Initiatives: Increased focus on sustainable production processes and recycling of lubricants.

Hybrid Lubricants: Combining the benefits of synthetic and bio-based oils for enhanced performance and environmental benefits.

Digitalization and IoT: Use of digital tools and Internet of Things (IoT) for lubricant condition monitoring and management.

Advanced Packaging Solutions: Innovative packaging to enhance the shelf life and ease of use of lubricants.

Key Players

PetroChina Company Limited (China)

Chevron Corporation (U.S.)

ExxonMobil Corporation (U.S.)

Royal Dutch Shell Plc. (Netherlands)

Total Group (France)

BP plc (U.K.)

Valvoline LLC (U.S.)

ENEOS Corporation (Japan)

The FUCHS Group (Germany)

Global Lubricant Industry LLC (UAE)

Shield Lubricants (India)

AMALIE Oil Co. (U.S.)

More About Report- https://www.credenceresearch.com/report/lubricants-market

The global lubricants market exhibits distinct regional characteristics, influenced by industrial activities, automotive industries, environmental regulations, and technological advancements in each region. Here are some regional insights:

North America

Market Size and Growth: North America is a significant market for lubricants, driven by robust industrial and automotive sectors.

Technological Advancements: High adoption of advanced lubricants such as synthetic and bio-based variants.

Regulatory Environment: Stringent environmental regulations promote the use of eco-friendly and low-VOC lubricants.

Key Players: Major companies like ExxonMobil, Chevron, and Valvoline dominate the market.

Europe

Sustainability Focus: Strong emphasis on environmental sustainability and the development of bio-based lubricants.

Automotive Industry: Significant consumption driven by the well-established automotive sector, especially in Germany, France, and the UK.

Regulatory Influence: Compliance with stringent EU regulations on emissions and environmental impact.

Innovations: High investment in research and development for advanced lubricant formulations.

Asia-Pacific

Rapid Industrialization: Fast-growing industrial activities in China, India, and Southeast Asian countries boost lubricant demand.

Automotive Boom: Significant growth in the automotive sector, particularly in China and India, drives the market.

Cost-Sensitivity: Preference for cost-effective solutions, although there is a gradual shift towards higher-performance lubricants.

Market Leaders: Key regional players include Sinopec, PetroChina, and Indian Oil Corporation.

Latin America

Emerging Market: Growing demand driven by industrial growth and expanding automotive markets in Brazil and Mexico.

Economic Fluctuations: Market influenced by economic stability and fluctuations in the region.

Focus on Agriculture: Significant use of lubricants in the agricultural sector due to extensive farming activities.

Local Production: Presence of local manufacturers catering to regional demands.

Middle East and Africa

Oil and Gas Sector: High consumption in the oil and gas industry, especially in countries like Saudi Arabia and the UAE.

Industrial Growth: Expanding industrial base and infrastructure development drive lubricant demand.

Market Challenges: Political instability and economic disparities pose challenges to market growth.

Regional Players: Dominance of local and regional oil companies in the lubricant market.

Key Trends Across Regions

Environmental Regulations: Global trend towards eco-friendly and sustainable lubricants due to increasing regulatory pressures.

Technological Integration: Adoption of advanced technologies like nanotechnology and IoT for improved lubricant performance and monitoring.

Customization: Development of region-specific lubricant solutions to meet local industrial and environmental needs.

Segmentation

Type of Lubricant:

Mineral Lubricants

Synthetic Lubricants

Bio-based Lubricants

Greases

Solid Lubricants

Application:

Automotive Lubricants

Industrial Lubricants

Marine Lubricants

Aviation Lubricants

Rail Lubricants

Mining Lubricants

Construction Lubricants

Agricultural Lubricants

Base Oil Type:

Group I Base Oils

Group II Base Oils

Group III Base Oils

Group IV Base Oils

Group V Base Oils

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Driveline Additives Market Segments, Sales, Profits and Growth to 2031

The most recent research study by The Insight Partners, “Driveline Additives Market - Trends, Size, Share, and Growth to 2031,” offers a detailed market analysis covering market dynamics, growth opportunities, trends, and segmentation. Driveline Additives Market predictions are presented in this report based on revenue size, CAGR, consumption, technologies, trends, and other critical information.

The report highlights market drivers, and restraints in this market while providing an analysis of recent developments and next trends. Comprehensive Driveline Additives market report presents a dashboard of historical and present market performance. Analysis of key companies contributing to the growth of Driveline Additives market share in the projected period.

The study also focuses on the current market scenario and the range of factors that can impact different region’s Driveline Additives markets in the future. The detailed perspective on the competitive landscape and in-depth supply chain analysis under this report assist businesses in identifying shifting industry practices. This report evaluates the current state of the market and anticipated future growth. Furthermore, technological advancements and investment opportunities, financial data, and market economics are perks of this report.

This report further offers insights on drivers, restraints, current trends, and financial prospects to forecast the year. Precision and validity are key qualities of this research, making The Insight Partners a trusted market research company.

Knowing the state of rivals is a strategically right move to outperform them. This report is the right place to explore key strategies, developments, and recent launches by Driveline Additives key market players. This report emphasizes an analysis of business strategies and expected growth opportunities for brands.

Why Buying this Report Could be Your next Strategic Move?

Learn detailed market information, competition, and SWOT analysis.

To ascertain Driveline Additives market growth carefully by evaluating value, volume, and CAGR data at the national level.

To gain knowledge on market dynamics, unrealized growth opportunities, challenges, and main drivers of the market.

Review recent developments and strategic insights taking into consideration new launches, agreements, and mergers.

Know lucrative spaces to invest in the Driveline Additives market globally and regionally.

The report attempts to offer answers on:

What’s the projected growth rate CAGR by the 2031?

How big is the Driveline Additives market anticipated to be throughout the estimated period?

Who are the major market participants in the market?

What are the main restraints ahead of Driveline Additives market players?

Which are the key segments in the market?

Report Attributes

Details

Segmental Coverage

Product Type

Transmission Fluid Additives

Gear Oil Additives

Others

Additive Type

Dispersants

Viscosity Index Improver

Detergents

Anti-wear Agents

Antioxidants

Corrosion Inhibitors

Friction Modifiers

Emulsifiers

Others

Regional and Country Coverage

North America (US, Canada, Mexico)

Europe (UK, Germany, France, Russia, Italy, Rest of Europe)

Asia Pacific (China, India, Japan, Australia, Rest of APAC)

South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)

Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)

Market Leaders and Key Company Profiles

AftonChemicalCorp.

BASFSE

ChevronOroniteCompany

DowChemicalCompany

EvonikIndustries

InfineumInternationalLtd.

InternationalPetroleumandAdditivesCompanyInc.

PetroleumChemicals,LLC.

TheLubrizolCorporation

VPSLubricants

Other key companies 

Need a Customized Market Research Report?

You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs.

The following are some customizations our clients frequently ask for:

The Driveline Additives market report can be customized based on specific regions/countries as per the intention of the business

The report production was facilitated as per the need and following the expected time frame

Insights and chapters tailored as per your requirements.

Depending on the preferences we may also accommodate changes in the current scope.

Key Questions Addressed in the Driveline Additives Market Research Include:

What are present Driveline Additives market values, and what can be expected in the upcoming decade?

What are the key segments in the Driveline Additives market?

What is the regional distribution of the Driveline Additives market report?

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What are regulatory concerns and requirements businesses have to compel?

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Chelates Market - Forecast(2024 - 2030)

Chelates Market Overview

Chelates market size is forecast to reach US$7.5 billion by 2027 after growing at a CAGR of 4.2% during the forecast period 2022-2027. Chelating agents are organic compounds that link metal ions to form ring-like structures called chelates. A chelate is formed when a polydentate ligand bonds to a central metal atom. These ligands are called chelants, chelators, chelating agents, or sequestering agents. Chelation is useful in applications such as providing nutritional supplements, in chelation therapy to remove toxic metals from the body, as contrast agents in MRI scanning, in pulp processing, as cleaners and detergents, in water treatment to assist in the removal of metals, and in fertilizers. The most widely used chelate is ethylenediaminetetraacetic acid commonly called EDTA. It is used in detergents, liquid soaps, shampoos, agricultural chemical sprays, contact lens cleaners, and cosmetics. The growing need for water treatment is expected to drive the chelates market during the forecast period.

COVID-19 Impact

The COVID-19 pandemic affected every industry. The pandemic affected the pulp and paper industry to an unprecedented extent. It accelerated existing trends and turned other parts of the industry upside down. On account of awareness of hygiene and sanitation practices, the demand for paper towels, toilet paper, and wipes skyrocketed leading to shortages. Business Insider reports that the US saw $1.45 billion in toilet paper sales in March 2020, and experienced an 845% increase in demand from 2019. Lockdowns and stay-at-home mandates resulted in store closures and banning in-person dining in restaurants which resulted in a boom in e-commerce and food delivery sectors. This resulted in great demand for packaging products. While packaging and other paper products surged, printing did not farewell. Work-from-home and online classes resulted in lower demand for paper from the education and commercial sectors. The absence of office printers and the switch to digital meetings drastically reduced paper consumption. The availability of e-books and e-papers led to low demand for newspapers, books, and magazines. Thus, the ups and downs in the paper industry impacted the chelates industry.

Report Coverage

The report: “Chelates Market – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the chelates industry.

By Product: EDTA (Ethylenediaminetetraacetic Acid), Green Chelates (MGDA (Methylglycinediacetic acid), GLDA (Glutamic acid N,N-diacetic acid), IDS (Imminodisuccinate), and EDDS (Ethylenediamine-N,N’-disuccinic acid)), DTPA (Diethylenetriaminepentaacetic acid), Sodium Etidronate, Sodium Gluconate and Others (Phosphonates) (ATMP Aminotris (methylenephosphonic acid), DTPMP Diethylenetriaminepenta (methylenephosphonic acid), HEDP Etidronic Acid, PBTC Phosphonobutane Tricarboxylic acid, and PAPEMP Polyamino Polyether Methylene Phosphonic acid)

By Type:  Biodegradable and Non-biodegradable

By Grade: Liquid Grade and Solid Grade

By End-Use Industry: Agriculture (Fertigation, Foliar Spray, Seed Dressing, and Others), Pulp & Paper (Bleaching Wood Pulp, Stabilizers, and Pulp Processing), Food & Beverage (Beverages, Dressings, Sauces and Spreads, Canned Vegetables, Canned Seafood,         Pickled Products, and Others (Pie Fillings, Colour Additives)), Industrial (Enhanced Oil Recovery, Scale Removal, Water Treatment, Corrosion Inhibitor, and Others), Healthcare & Pharmaceutical (Contrast Agents, Nutritional Supplements, Pharmaceutical Preservatives & Stabilizers, and Others), Personal Care & Consumer Products (Cleaners, Detergent, Cosmetics, and Others), Textile and Others

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East, and Africa) 

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Key Takeaways

Asia-Pacific dominates the chelates market, owing to a large proportion of agricultural lands and increasing agricultural practices in this region. According to Invest India, India’s agriculture technology to attain $24.1 billion by 2025.

Chelation is a process in which a polydentate ligand bonds to a metal ion and forms a ring. The complex produced by this process is called a chelate, and the polydentate ligand is referred to as a chelating agent.

Green chelates or natural chelating agents are also known as biodegradable chelating agents. They were formulated as an eco-friendly and highly efficient alternative for the two most frequently used chelating agents, nitrotriacetic acid (NTA) and EDTA.

The major opportunity for this market is high research spending to develop eco-friendly products that are cost-effective.

Chelates Market Segment Analysis – By Product

The sodium gluconate segment held a significant share of up to 20% in the chelates market in 2021.  Sodium gluconate is the sodium salt of gluconic acid formed by the fermentation of glucose. Sodium gluconate chelates and forms stable complexes with various ions, preventing them from engaging in chemical reactions. It forms stable chelates with divalent and trivalent metal ions such as calcium, copper, iron, aluminum, and other metals. It is also an excellent humectant. These properties contribute to the use of sodium gluconate as a high-performing chelating agent, sequestrant, processing aid, humectant, and corrosion inhibitor in a variety of applications. The outstanding property of sodium gluconate is its excellent chelating capability, especially in alkaline and concentrated alkaline solutions which surpass all the other chelating agents, such as EDTA, NTA, and related compounds. The use of sodium gluconate has increased in food applications where it works by inhibiting bitterness. The US Food and Drug Administration (FDA) has classified sodium gluconate as generally recognized as safe (GRAS) and its use in the food industry is permitted without limitation. Owing to its non-corrosive, non-volatile, non-toxic, non-odorous, and readily biodegradable nature, sodium gluconate is set to dominate the chelates market during the forecast period.

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Chelates Market Segment Analysis – By End Use Industry

The personal care and consumer goods segment held a significant share in the chelates market in 2021. Chelates have a unique property- they can form soluble complexes with metal ions. They can also capture and transport the ions away from areas where they are not needed. This enables them to remove dirt and scale, soften water, and boost cleaning action, making them essential ingredients for cleaning products. Soaps and detergents react with the mineral deposits in hard water and form soap scum and scale in dishwashers which over a period of time accumulate and can degrade the appliance. According to EcoPure, over 85% of the USA has hard water. Calcium and magnesium are the two most common contributors to hard water. Hard water, according to the U.S. Geological Survey (USGS), refers to the amount of dissolved calcium, magnesium, and other minerals found in water. Chelating agents are widely used in domestic cleaning products to prevent calcium and magnesium ions naturally found in water from forming soap scum. There are many chelating agents, but EDTA and citric acid are two commonly found chelates in cleaning products owing to their cost-effectiveness. In cosmetic formulations, metals promote oxidation reactions, impair the foaming properties of surfactants, and potentially cause discoloration. Chelates bind with metal ions and play a crucial role in the stability and efficacy of cosmetics. Thus, the personal care and consumer goods segment is expected to hold a significant share in the chelates market.

Chelates Market Segment Analysis – By Geography

The Asia-Pacific region held the largest share in the Chelates Market in 2021 up to 35%, owing to the agricultural industry and water treatment practices in the region. China accounts for approximately 12.9% of the cultivable land globally. According to FAO, China is the largest producer of various crops, including rice, wheat, pears, peaches, potatoes, lettuce, cabbage, and other vegetables. In India, agriculture is the backbone of the economy. India is the leading producer of millets, pulses, ginger, okra, bananas, papayas, mangoes, lemons, guavas, and spices (except cinnamon). The FAO and UN Children’s Fund (UNICEF)’s 2021 Asia and the Pacific Regional Overview of Food Security and Nutrition pointed out that 1.8 billion people in the Asia-Pacific region did not have access to adequate food in 2020 – an increase of almost 150 billion in just 12 months. In order to get on a better track, food security is one of the most critical issues at hand. One way of achieving this could be by increasing yields and promoting healthy plant growth. Chelates play an important role in agriculture as it increases the efficient use of fertilizers and nutrient availability at the root level and in particular increase the mobility of nutrients such as potassium and phosphorus. The United Nations projects that by 2025, half of the countries worldwide will face water stress or outright shortages. By 2050, as many as three out of four people around the globe could be affected by water scarcity. Although Asia is home to more than half of the world’s population, it has less freshwater 3,920 cubic meters per person per year. Hence, water treatment is of paramount importance in the region. It is anticipated that countries such as India, China, Singapore, Indonesia, etc. will make improvements in water treatment processes. Therefore, the growing need for chelates from agrochemicals and water treatment is driving the chelates market in the region.

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Chelates Market Drivers

Growing Need for Water Treatment

Water treatment is done to improve water quality. Water treatment has relevance as worldwide water demand is constantly under pressure due to the increasing world population and a globally improved standard of living. With the increasing urbanization and economic development, the current water supply is unlikely to satisfy the ever-growing demand. It is estimated that about 3.4 million of the world’s population die every year due to deprived access to clean drinking water. According to the United Nations, nearly one-third of the world’s population lack access to safely managed drinking water services. Due to the scarcity of this natural resource, it is important to reuse water and use it for other industrial purposes such as cooling, cleaning, etc. Hard water contains high levels of metal ions such as calcium and magnesium, which impact the performance of many products. Removing metal ions is therefore a key part of many industrial and domestic processes that use water. Softening is an important technique commonly used to remove hardness which is performed by the addition of chelating agents.  Hence, the growing need for water treatment acts as a driver for the chelates market. 

Development of Green Chelates

Some chelates are poorly biodegradable and affect the environment. Natural chelating agents are biodegradable products used mainly for washing, surface cleaning, detergents, and home care purposes. GLDA and MGDA are green chelating agents that are the best replacements for phosphates in most cleaning applications and they outperform alternatives like citrates, gluconates, and zeolites because they form stronger bonds with metal ions. They combine excellent performance with a superior ecological profile since they are readily biodegradable and largely biobased. The core ingredients used to manufacture green chelates are derived from biological and renewable sources such as beet sugar and corn sugar. GLDA was developed as a cost-effective, green alternative to the two most frequently used agents, ethylenediaminetetraacetic acid and nitrotriacetic acid. The development of green chelates creates an opportunity for sustainable products and thus acts as a driver for the chelates market. 

Chelates Market Challenges

Environmental Impact of EDTA and Phosphonates

Ethylenediaminetetraacetic acid (EDTA) is a well-known chelating agent and has numerous applications in various industries. EDTA is a chelate ligand with a high affinity constant to form metal-EDTA complexes to sequester metal ions. In general, EDTA has a low toxic impact on both humans and natural environments. There are some concerns, however, about its poor biodegradation in conventional wastewater treatment plants and natural environments, and its effect in mobilizing heavy metals from solid phases to pose a risk to groundwater. EDTA behaves as a persistent pollutant in the environment, enhancing the mobility and bioavailability of heavy metals. In natural environments, studies detect poor bio-degradability of the ligand. Phosphonates are also known to be poorly degradable chelates. The phosphorus in phosphonates serves as a nutrient, and the deposition of large quantities of phosphates in lakes and waterways induces excessive growth of plants and algae. This excessive growth depletes oxygen and endangers aquatic life. As a result, phosphonates have been discouraged around the world. Biodegradation tests with sludge from municipal sewage treatment plants with HEDP and NTMP showed no indication for any degradation. An investigation of HEDP, NTMP, and DTPMP in standard biodegradation tests also failed to identify any biodegradation. Such concerns over certain chelates can prove to be a challenge for the chelates industry.

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Chelates Industry Outlook

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the chelates market. Chelates market top 10 companies include:

Akzo Nobel N.V.

BASF SE

Kemira

The Dow Chemical Company

Archer Daniels Midland Company

Nouryon

Cargill

Nippon Shokubai Co. Ltd

Jungbunzlauer

Mitsubishi Chemical Corporation

Recent Developments

In November 2020, BASF’s Care Creations launched a highly stable chelating agent, Neutrol MGDA for personal care applications. Neutrol MGDA is suitable for various fields of application: from shower gels and liquid soaps to shampoos, styling products, baby cleansing products, skin creams, and toothpaste.

In January 2019, Nouryon signed a deal with Itaconix for bio-based polymers for the detergents market. Under the terms of the agreement, Itaconix will produce and supply polymers with chelating properties that Nouryon will market to customers in household, institutional, and industrial detergent and cleaner applications. 

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U.S. Water and Wastewater Treatment Market to Set For More Growth

Market Research Forecast published a new research publication on "U.S. Water and Wastewater Treatment Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the U.S. Water and Wastewater Treatment market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in the study are: Veolia (France), Acciona S.A. (Spain), Hydro International (U.K.), Orenco Systems (U.S.), Aquatech International LLC (U.S.), BioMicrobics Inc. (U.S.), Calgon Carbon Corporation (U.S.), Kemira Oyj (Finland), Suez Worldwide (France), Xylem (U.S.), DuPont (U.S.). Get Free Exclusive PDF Sample Copy of This Research @ https://marketresearchforecast.com/report/us-water-and-wastewater-treatment-market-1387/sample-report Scope of the Report of U.S. Water and Wastewater Treatment The U.S. Water and Wastewater Treatment Marketsize was valued at USD XX USD billion in 2023 and is projected to reach USD XXX USD billion by 2032, exhibiting a CAGR of 6.8 % during the forecast period. The titled segments and sub-section of the market are illuminated below: Segment: Chemicals {pH Conditioners, Coagulants & Flocculants, Disinfectants & Biocidal Products, Scale & Corrosion Inhibitors, Antifoam Chemicals, Other Chemicals}, Equipment {Biological, Filtration, Sludge Treatment, Disinfection, Demineralization, Other Equipment}, Services {Designing & Installation, Operations, Maintenance, Others}","Application: Industrial and Municipal Market Drivers: Increasing Demand for Eco-Friendly Plastics from Packaging Industry to Propel Market Growth Restrains: Highly Flammable Nature of Water and Wastewater Treatment to Restrict Market Growth What can be explored with the U.S. Water and Wastewater Treatment Market Study? • Gain Market Understanding • Identify Growth Opportunities • Analyse and Measure the Global U.S. Water and Wastewater Treatment Market by Identifying Investment across various Industry Verticals • Understand the Trends that will drive Future Changes in U.S. Water and Wastewater Treatment • Understand the Competitive Scenarios - Track Right Markets - Identify the Right Verticals Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc. Have Any Questions Regarding Global U.S. Water and Wastewater Treatment Market Report, Ask Our Experts@ https://marketresearchforecast.com/report/us-water-and-wastewater-treatment-market-1387/enquiry-before-buy   Strategic Points Covered in Table of Content of Global U.S. Water and Wastewater Treatment Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the U.S. Water and Wastewater Treatment market

Chapter 2: Exclusive Summary – the basic information of the U.S. Water and Wastewater Treatment Market.

Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges & Opportunities of the U.S. Water and Wastewater Treatment

Chapter 4: Presenting the U.S. Water and Wastewater Treatment Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2019-2023

Chapter 6: Evaluating the leading manufacturers of the U.S. Water and Wastewater Treatment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source finally, U.S. Water and Wastewater Treatment Market is a valuable source of guidance for individuals and companies. Read Detailed Index of full Research Study at @https://marketresearchforecast.com/reports/us-water-and-wastewater-treatment-market-1387 Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia. Contact US: Craig Francis (PR & Marketing Manager) Market Research Forecast Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: (+1 201 565 3262, +44 161 818 8166) sales@advancemarketanalytics.com