Chelating Agents Market is projected to grow USD 12.56 billion, Growth, Historic Analysis and Forecast to 2029 | Exactitude Consultancy

PRESS RELEASE
Published March 1, 2023

Exactitude Consultancy Market Research analyses that the Chelating Agents market will witness a CAGR of 4.9% for the forecast period of 2023-2029 and is likely to reach at USD 12.56 billion by 2029 from USD 4.98 billion in 2022.

The study considers the Global Chelating Agents Market present scenario and its market dynamics for the period 2023-2029. It includes a thorough assessment of a number of trends, constraints, and drivers of market growth. The report evaluates the market size of the Chelating Agents Market and studies the strategy patterns adopted by the prominent international players. The report also analyses the market’s size in terms of projected revenue for the future. All of the data numbers, such as percentage splits and breakdowns, are calculated from secondary sources and confirmed from original sources. The market’s supply and demand sides are also covered in the research. It provides profiles and analysis of market leaders and other prominent businesses.

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Market Dynamics:

Driver: Increasing adoption of chelating agents across emerging industries

Chelating agents are highly adopted as a source of raw material among emerging industries, such as agriculture, food, water treatment, personal care, mining, textile, paper and pulp industries. Chemical compound of chelating agents helps to reacts with metal ions to form stable, water-soluble metal complexes and improves metal’s general stability and likelihood to bond with other substances.

Restraint: Environmental concerns regarding conventional chelating agents

Chelating agents consist of harmful toxic substance such as nitrilotriacetic acid, heptonic acid, and others, which are widely used in household and industrial applications. Presence of high toxic substances are posing a risk to groundwater and drinking water. Moreover, chelating agents can cause serious environmental effect on living organisms. For instance, government of few European countries, such as Norway and Sweden, has banned on usage of chelating agent’s types Ethylenediaminetetra-acetic Acid (EDTA) and Diethylene-triaminepentaacetic Acid (DTPA) due to disruptive effects of chemicals on aquatic life.

Chelating Agents Market: Demand Analysis and Opportunity Outlook to 2023-2029

The Chelating Agents study defines the market size of various segments and countries by historical years and forecasts the value for the next 7 years. The report brings together qualitative and quantitative elements of the Chelating Agents industry, including: market share, market size (value and volume 2017-2022, and forecast to 2023-2029), in the highly competitive market for each country concerned Express appreciation. Furthermore, the study also caters and provides in-depth statistics on the key elements of Chelating Agents, which includes drivers and restraints that help in estimating the future growth prospects of the market.

The study pays attention to the loftiest revenue-generating and highest growing segments of the Chelating Agents market. This makes the research document accurately organized and systematic alongside encouraging a simpler understanding of each facet covered in this report. Major Key players profiled in the report include: BASF, Dow, Nouryon, Kemira Oyj, Mitsubishi Chemical Holdings Corporation, Hexion, ADM, Ascend Performance Materials, MilliporeSigma and Nippon Shokubai Co., Ltd and others.

Chelating Agents Market Recent Developments

  • In May 2021, U.S. Food and Drug Administration expanded the label of iron-binding oral treatment Ferriprox (deferiprone) to now include patients with ages 3 and older who suffered from blood transfusion-induced iron overload caused by sickle cell disease (SCD) or other anemias.
  • In November 2020, BASF SE launched a biodegradable chelating agent, Neutrol MGDA, for personal care applications. The product is used for making stable complexes with metal ions thereby enhancing the durability and properties of the final formulation.

Chelating Agents Market Segmentation:

Chelating Agents Market by Chemistry, 2023-2029, (USD Million)

  • Non- Biodegradable
  • Biodegradable

Chelating Agents Market by Application, 2023-2029, (USD Million)

  • Pulp & Paper
  • Cleaning
  • Water Treatment
  • Argo Chemicals
  • Personal Care
  • Others

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Geographically, the following regions were investigated:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Chelating Agents market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Chelating Agents market, the years measured, and the study points.

Company Profile: Each Firm well-defined in this segment is screened based on a product, value, SWOT analysis, their ability and other significant features.

Manufacture by region: This Chelating Agents report offers data on imports and exports, sales, production and key companies in all studied regional markets

What is the purpose of this report?

  • A thorough review of the Chelating Agents market, including regional markets.
  • Comprehensive coverage of all segments of the Chelating Agents market to assess trends, developments and market size forecasts till 2023-2029.
  • A thorough examination of deals involved in the Chelating Agents market including product portfolio, revenue, SWOT analysis and recent company advancements are examined in the company profile.
  • The growth matrix analyzes the product categories and geographic regions in which market companies should focus their efforts to invest, consolidate, expand and/or diversify.

There are 13 Sections to show the Chelating Agents market:      

Chapter 1: Chelating Agents Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

Chapter 2: Market Competition by Manufacturers

Chapter 3: Production by Regions

Chapter 4: Consumption by Regions

Chapter 5: Production, By Types, Revenue, and Market share by Types

Chapter 6: Consumption, By Applications, Market share (%), and Growth Rate by Applications

Chapter 7: Complete profiling and analysis of Manufacturers

Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses

Chapter 9: Industrial Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Chelating Agents Market Forecast

Chapter 13: Chelating Agents Market Research Findings and Conclusion, Appendix, methodology, and data source

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Key questions answered in the report include:

  • What is the growth potential of the Chelating Agents market?
  • Which regional markets will emerge as leaders in the next few years?
  • What are the key challenges facing the Chelating Agents market in the future?
  • Who are the most prominent players in the global Chelating Agents market?
  • What are the key trends positively impacting market growth?

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