Albany, NY -- (SBWire) -- 02/21/2019 --Polyepoxysuccinic Acid Market: Introduction
Polyepoxysuccinic acid is also known as PESA; epoxysuccinic acid homopolymer; Polyoxirane-2,3-Dicarboxylic Acid; 2,3-oxiranedicarboxylic acid homopolymer; and poly(1-oxacyclopropane-2,3-dicarboxylic acid). Its molecular formula is HO(C4H2O5M2)n. Its Chemical Abstracts Service (CAS) number is 51274-37-4. U.S. has developed the Polyepoxysuccinic Acid in early 1990s, then other countries such as Japan also studied on PESA and its derivatives. PESA is a chemical with multivariate scale and corrosion resistance with non-phosphor and non-nitrogen.
It has good scale inhibition and dispersion for calcium carbonate, calcium sulfate, calcium fluoride, and silica scale. It has decent compatibility with chlorine and other water treatment agents. PESA has superior biodegradation properties. It has application in circulating cool water systems in situation of high alkaline, high hardness, and high pH value.The demand for chemically treated water is estimated to grow due to rise of various end use industries. This is projected to drive the polyepoxysuccinic acid market as a water treatment chemicalacross the globe during the forecast period..
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Polyepoxysuccinic Acid Market: Segmentation
The global polyepoxysuccinic acid market can be segmented based on application and region. In terms of application, the polyepoxysuccinic acid market can be categorized into industrial boilers, oil & gas industry, water treatment, and others. The water treatment segment is anticipated to dominate the global polyepoxysuccinic acid market during the forecast period. Growing demand from chemically treated water due to the growth in end-use industries in countries such as China, India, and Brazil is estimated to fuel the water treatment segment of the market during the forecast period. Moreover, Rise in the number of projects being commissioned and tendered in various emerging economies across the globe would be a driving factor for growth of polyepoxysuccinic acid market as a water treatment chemical.
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Market of polyepoxysuccinic acid as a crude oil dehydrator in the oil and gas industry is projected to exhibit significant growth due to increasing investment for up gradation and expansion of refineries in emerging economies such as China and India.Polyepoxysuccinic acid is utilized in the water treatment systems of industrial boilers due to its corrosion resistance properties. Rising demand for industrial boilers from end-use industries, especially food and chemical industries, in Asia Pacific is expected to drive the the industrial boiler segment of the polyepoxysuccinic acid market.
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