Pune, India -- (SBWIRE) -- 04/25/2018 -- Chelating Resin Market – Overview

Chelating Resin market across the world has seen a healthy growth over the past few years. The global market is expected to gain faster growth rate during the forecast year. Growth in pharmaceutical sector is one of the major driver for chelating resin market across the globe. In addition to this, growing demand of chelating resin in chemical, water treatment, agrochemical and consumer product sectors are expected to drive the market. The global market for chelating resin is majorly attributed towards growing pharmaceutical and chemical industry. Organophosphate as a product is the major application segment for the chelating resin market and expected to grow at highest growth rate.

Competitive Landscape

In competitive landscape, the report analyses the degree of competition among the industry players as well as industry growth and market scenario. Globally chelating resin market is at a growing stage which represents healthy growth in terms of market value and overall volume. Over the past few years chelating resin market has witnessed positive demand from industries like pharmaceutical, chemical, water treatment, agrochemical, consumer products industry. However, the degree of competition among the market players is still less, owing to limited market players across the globe however, worldwide, market for chelating resin is fragmented in nature and it is moving towards acquisition, product launch and expansion strategies.

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Industry/ Innovation/ Related News:

June 2013 – BASF invested in several different ways to expand and commercialize its Trilon M production capacity including plant expansions and investments to production facility. The investment decision was taken to meet the highly growing global market demand for the new chelating agent. By doing the investigation the expansion of the Trilon M, produced exclusively by BASF is expected to increase, company is mainly looking for ways to support their customers in contributing to a sustainable development. The BASF's product Trilon M is biodegradable in nature and improves the cleaning effect of detergents and cleaners.

July 2012 – Scientists have developed a newboron-chelating resins from hyperbranched polyethylenimine. The extraction of boron from the solutions using the resins has variety of applications including nuclear power generation, desalination and ultrapure water production.

June 2017 – Purolite launched the Puromet brand to identify and differentiate products. The product is designed for sequestration processes, metal removal and recovery process. The single brand unifies the product for these applications which makes it easier to distinguish within Purolite's overall product portfolio and readily available and accessible on the Web. Chelating resins, strong acid cation, strong base anion and weak base anion resins are the applications of this product.

January 2014 – Strem Chemicals who is the manufacturer of specialty chemicals and Purolite, an ion exchange resins manufacturers, announced the product distribution agreement. With this this agreement, Strem Chemicals has become a worldwide distributor of more than 50 Purolite products.

2017 – Scientists havedeveloped a series of differently polyacrylamide chelating resins which are crosslinked. The products were prepared using N,N?-methylene-bis-acrylamide as the crosslinking agent. This this research and development in chelating agent sector is expected to boost the market for chelating resin in near future.

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