EDTA Solutions Market Size, Share and Industry Analysis with Trends, Forecasts 2019-2025
EDTA Solutions Market (Ethylenediaminetetraacetic Acid Solution Market) Size, Share and Industry Analysis By Type (Na2EDTA (Dry Powder), K3EDTA (Liquid), and K2EDTA (Dry Additive)), By Application (Pharmaceuticals, Chemicals, Cosmetics and Personal Care Products, and Others), By End User (Hospitals, Clinics, Research Laboratories, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), Competitive Market Share & Forecast, 2019 - 2025
The global EDTA solutions market is expected to reach USD xxx million by 2025 from USD xxx million in 2018, at a CAGR of xx% during the forecast period. Global EDTA solutions market report covers market size, market share and market forecast by product types, applications, end user regions, and key players, with historical data along with forecast from 2019 to 2025. The report covers an in depth description, competitive scenario, wide product portfolio of key vendors and business strategy adopted by competitors along with their SWOT analysis, revenue, sales and Porter's Five Forces Analysis.
EDTA Solutions Market Outlook:
Ethylenediaminetetraacetic acid (EDTA) is a chemical used for applications in industrial and medical sector. EDTA binds and holds on to minerals and metals such as chromium, iron, lead, mercury, zinc, calcium, cobalt, copper, aluminum, nickel, manganese, and magnesiumIn medical industry, EDTA is used as a prescription medicine that is given by injection into the vein or into the muscle. EDTA given intravenously is used to treat lead poisoning and brain damage caused by lead poisoning. Along with this, EDTA is also used to see how well therapy for suspected lead poisoning is working. Moreover, it is used to treat poisonings by radioactive materials such as uranium, plutonium, thorium, and strontium. EDTA is also administered intravenously to the patients with heart and blood vessel conditions including irregular heartbeat due to exposure to various chemicals.
In the EDTA solutions market, EDTA has various other applications as well. Some of the medical practitioners believe that EDTA acts as an antioxidant, to prevent free radicals from injuring blood vessel walls, resulting in reducing atherosclerosis. Furthermore, the EDTA solutions market benefits from its applications in other industries as well. For instance, biochemists use EDTA to inactivate enzymes, and inorganic chemists use it as a chemical buffer and it can also be used as preservative in processed foods and cosmetic products. Varied applications of EDTA makes it one of the very useful agents in medical and other industries. It’s varied industrial and medicinal applications drives the demand for EDTA globally, and results in increasing market size of this agent across various regions during the forecast period.
EDTA Solutions Market Trends and Advancements:
Determining the efficacy and improving the use of EDTA in healthcare industry is the major focus of researchers these days. Advancements in applications of this agent is likely to provide significant opportunities in the EDTA solutions market. The applications of EDTA have been expanded from mere treatment of heavy metal poisoning to chelation therapies for heart disease, atherosclerosis, and cancers. In these conditions, EDTA reduces morbidity and mortality by chelating toxic metal ions present in the body. Large number of studies are being conducted to study the effect of EDTA in such cases. For instance, the National Institutes of Health (NIH) sponsored two clinical trials of an Ethylenediaminetetraacetic (EDTA) chelation therapy regimen for coronary heart disease. These research studies are called the Trial to Assess Chelation Therapy (TACT), which are conducted to determine the safety and efficacy of EDTA chelation therapy for treating coronary heart disease. These and many such studies being conducted to prove the efficacy of EDTA in medical industry and determine its additional applications if any.
Ethylenediaminetetraacetic acid (EDTA) is also one of the preferred anticoagulant for hematologic and special chemistry analyses. Three salts of EDTA such as Na2EDTA (dry powder), K3EDTA (liquid), and K2EDTA (dry additive) are highly used in blood collection tubes. Additionally, the use of EDTA in cosmetics and personal care products is also one of the significant application that increases the market size of EDTA solutions market. In cosmetics, EDTA is mainly used for the preservation of the products by preventing deterioration, rancidity, and also protects the fragrance compounds. Increasing number of research studies and growing number of applications provide news ways for companies to improve their products and make way in the EDTA solutions market worldwide.
EDTA Solutions Market Drivers and Restraints:
The EDTA solutions market is experiencing a significant growth on global level. Factors attributed to this growth include increasing prevalence of lead and mercury poisoning, increasing number of research and development activities, growing healthcare and pharmaceutical industry, increasing applications of EDTA in various industries and benefits and advantages associated with the use of EDTA in medicinal industry. According to the data published by CDC in 2017, there were around 1.2 million children in the US who had lead poisoning. Moreover, increasing expansion of local and international companies operating in the EDTA solutions market is largely contributing to the growth of this market. However, side effects associated with EDTA and growing number of substitute products for EDTA are likely to hinder the EDTA solutions market during the forecast period.
EDTA Solutions Market Segmentation and Geographic Outlook:
The EDTA solutions market is segmented on the basis of type, application, end users and geography. On the basis of type, the market is segmented into Na2EDTA (dry powder), K3EDTA (liquid), and K2EDTA (dry additive). The application segment is divided into pharmaceuticals, chemicals, cosmetics and personal care products, and others. By end user the EDTA solutions market is segmented into hospitals, clinics, research laboratories, and others. Geographic breakdown and deep analysis of each of the segments mentioned above is included for North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to dominate the market by holding maximum market share of the global EDTA solutions market. However, Asia-Pacific is expected to experience a fastest growth during the forecast period. Increasing demand for EDTA in the end use industries in emerging nations are primarily driving the growth of EDTA solutions market in this region.
EDTA Solutions Competitive Landscape:
The EDTA solutions market is saturated with large number of emerging and established players. The companies are opting for various strategic developments that enable them to enhance their market share and significantly contribute to the increasing market size of the EDTA solutions market. Companies mainly focus on research and development activities and launch new products in the market. Along with this, geographic expansion, increasing production capacity, and mergers and acquisition are some of the additional strategies adopted by the players operating in this market.
A comprehensive and competitive analysis of market leaders is provided in this report. Some of the major players operating in the global EDTA solutions market include Improve Medical Technology Co. Ltd., GPC Medical Limited, Integrity Products, Inc., Becton Dickinson and Company, Nippon-Chem, AVA Chemicals, Changzhou Shanfeng Chemical, Changzhou Deye Chemical Engineering, Shijiazhuang Jackchem, Dow, Clontech, Showa Denko etc.
What you get from the EDTA Solutions Market Research Report:
· The study provides an in-depth analysis of the EDTA solutions market with current and future trends to explain the imminent investment pockets in the market
· Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market
· The report provides information regarding key drivers, restraints and opportunities with impact analysis
· Quantitative analysis of the current market and estimations through 2018-2025 are provided to showcase the financial caliber of the market
· Porters Five Forces model and SWOT analysis of the industry illustrates the potency of the buyers & suppliers participating in the market
· Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain
EDTA Solutions Market by Type, Application, End User and Region - Global Opportunity Analysis and Industry Forecast, 2019 – 2025
1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Scope
1.1.1. Markets Covered
1.1.2. Geographic Scope
1.4. Years Considered for the Study
1.7. Major Stakeholders
2. Research Methodology
2.1. Data Analysis
2.2. Data Validation
2.2.1. Primary Sources
2.2.2. Secondary Sources
2.2.3. Assumptions for the Study
3. Executive Summary
4. EDTA Solutions Market Overview
4.2. EDTA Solutions Market Drivers
4.3. EDTA Solutions Market Restraints
4.4. EDTA Solutions Market Opportunities
4.5. EDTA Solutions Market Challenges
5. EDTA Solutions Industry Insights
5.1. Porter's Five Forces Analysis
5.2. EDTA Solutions Market Trends
5.3. Value Chain Analysis
5.4. Pricing Analysis
6. Global EDTA Solutions Market, By Type (USD Million)
6.2. Na2EDTA (dry powder)
6.3. K3EDTA (liquid)
6.4. K2EDTA (dry additive)
7. Global EDTA Solutions Market, By Application (USD Million)
7.3. Cosmetics And Personal Care Products
8. Global EDTA Solutions Market, By End-user (USD Million)
8.3. Research Laboratories
9. Geographic Snapshot of the Global Market (USD Million)
9.2. North America
9.5. Rest of the World
10. Competitive Analysis
10.2. EDTA Solutions Market Share Analysis/Ranking Analysis
10.3. Strategic Analysis
10.3.1. Partnerships, Agreements, Collaborations
10.3.2. Joint Ventures
10.3.5. Product Development and Launches
Choose License Type
Why Choose Us
24/5 Research support
Get your queries resolved from an industry expert.
Custom research service
Design an exclusive study to serve your research needs.
A testimonial for service in the form of BBB "A" Accreditation.