10 January 2019 –
The Global
Etidronic Acid Market is a disphosphonic acid which is utilized
in water treatments, detergents, cosmetics and pharmaceutical treatment.
Etidronic acid is a chelating agent which is used to provide nutritional
supplements. Being a phosphonate, it prevents corrosion on unalloyed steel and
it also reacts to retard rancidification and oxidation of fatty acids. It is widely used in pharmaceutical to
strengthen bones, used in treatment against osteoporosis and also against
paget’s disease of bone. Biphosphonates typically reduce osteoclastic activity
helping in prevention of bone diseases. The chemical uses of Etidronic acid can
be formulated in terms of anti-corrosion agent, oil-field and low pressure
boilers in fields such as metallurgy, fertilizer, chemical industry and
electric power. Etidronic acid helps significantly in the dyeing industry as it
is used as a peroxide stabilizer and dye-fixing agent.
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The driving factors responsible for the growth of etidronic
acid market include as growth in pharmaceutical industry and chemical industry.
Additionally, rapid growth of urbanization, growing disposable income and
consumer’s changing lifestyle. However, adverse effects of etidronic acid such
as peeling, blistering of skin and joint, muscle and bone pain are some of the
adverse effects that may hamper the growth of etidronic acid market. Overall,
the market growth for etidronic acid market witnesses a positive growth during
the forecast period due to growing demand for pharmaceuticals. On the basis of
application, the global etidronic acid market is segmented as chemicals,
medical formulations, cosmetics, detergents and water treatment. Chemicals are
further segmented as chemical industry, fertilizers, non-cyanide electroplating
& metallurgy. Detergents are further segmented as metal and non-metal.
Chemical segment accounts for a large share over the
forecast period due to growing demand for etidronic acid across various
segments. On the basis of end-user, the global etidronic acid market is
segmented as pharmaceutical industry, dyeing industry, cosmetic industry,
chemical industry and others. Pharmaceutical industry is growing at a higher
rate CAGR for the forecast period. On the basis of geographic segmentation, the
global etidronic acid market is spans North America, Latin America, Europe,
Asia-Pacific excluding Japan, Japan, Middle-East & Africa.
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Market Segment:
Key Applications
•
Pharmaceutical Industry
•
Dyeing Industry
•
Cosmetic Industry
•
Chemical Industry
•
Others
Key Regions
·
North America
·
Europe
·
Asia Pacific
·
Middle East and Africa
·
South America
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