The global polymeric phosphonate market is expected to grow at a CAGR of 6.3% during the forecast period. The market growth is attributed to the increasing application of polymeric phosphonate in various end-user industries. Polymeric phosphonate is available in various forms in the industry including ATMP (amino tris (methylene phosphonic acid)), DTPMP (diethylenetriamine penta (methylene phosphonic acid)), HEDP (Hydroxyethylidene Diphosphonic acid) and others. HEDP is expected to grow at a significant rate in the global polymeric phosphonate market.
Browse the full report description Impact on Global Polymeric Phosphonate Market Size, Share & Trends Analysis Report by Structure (ATMP, DTPMP, HEDP, and Others), by Application (Water Treatment, Textile, Detergency, Cosmetics, and Others) and Forecast 2019-2025 at https://www.omrglobal.com/industry-reports/polymeric-phosphonate-market
Etidronic acid (HEDP), a type of polymeric phosphonate, is a chelating agent that is added to bind or counter the effects of substances in water, such as iron, calcium, or other metal ions, which may be discharged as an element of grey wastewater and conceivably contaminate the supply of groundwater. As a phosphonate compound, the acid has a corrosion inhibiting properties on unalloyed steel, and also acts to retard oxidation and rancidification of fatty acids. Thereby, widening its applications in many industry verticals as a cleansing agent.
Moreover, these salts are added to cleaning agents, including detergents, in order to prevent the impact of hard water. It further finds application in peroxide bleaching, so as to prevent degradation of peroxides by transition metals. HEDP is regarded as the only chemical component that follows off-site or on-site wastewater treatment. It expectedly partitions sludge and effluent (80:20) during water treatment. Furthermore, its potential introduction to terrestrial and aquatic environments from land applications or effluent discharges marks its significant adoption in water treatment application.
Asia-Pacific Enjoys a Prominent Market Share in the Global Polymeric Phosphonate Industry
Asia-Pacific is estimated to hold a significant share in the global polymeric phosphonate market. The major economies contributing to the growth of the Asia-Pacific market include China, India, and Japan. The market growth is attributed to the increasing demand for water treatment chemicals in these regions. Polymeric phosphonate is one of the chemicals used for a wide range of industrial applications, including use in detergents and cleaning agents, and water treatment in general. The rapid economic growth and increasing urbanization in China, and India tend to drive a number of industries such as municipal, chemical, oil and gas, and power generation, which, in turn, is expected to increase the demand for polymeric phosphonates for the treatment of industrial water.
China is one of the major countries that is significantly facing water scarcity concerns. As per the World Bank in 2018, despite being the second-largest economy of the globe and being home to 21% of the global population, China has only 6% of the global freshwater resources. In addition, most of the population of China is dependent on groundwater sources for drinking water, which are either untreated or not properly treated by municipal water suppliers. Thus, there is an increasing need for water treatment chemicals such as polymeric phosphonates in the region, which gives a boost to the regional growth of the polymeric phosphonate market.
Current Market Trends Covered in the Global Polymeric Phosphonate Market Report
Global Polymeric Phosphonate Market Segmentation
By Structure
By Application
Global Polymeric Phosphonate Market – Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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