Chelating Agents Market Size, Share, Growth Report 2032

Chelating Agents Market Insights

Zion Market Research has published a report on the global Chelating Agents Market, estimating its value at USD 7.73 Billion in 2023, with projections indicating that it will reach USD 11.37 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.38% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Chelating Agents Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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Chelating Agents Market Overview

Chelating agents play an important role in photosynthesis and oxygen transport in biological processes. In addition, several biological catalysts are chelates. Commercially, the global chelating agents market is economically important in form of products besides the production of other chemicals. A chelating agent is capable of forming several bonds in a single metal ion allowing it to become a multidentate ligand. For example, ethylenediamine can be referred to as a chelate.

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Growth Factors:

Chelating agents are amongst the chemical compounds reacting for forming a water-soluble, stable complex, that too, with the metal ions. At times, they have also termed chelators, chelants, or sequestering agents. The cleaning and detergent and pulp & paper industries are the major drivers of the chelating agents market. Plus, fast industrialization, which asks for water treatment chemicals, is another one. As such, there is a soaring demand for cleaning formulations like all-purpose cleaners, surface cleaners, disinfectants, and cleansers.

Chelating Agents Market: Report Scope

Product Segment Analysis Preview:

Based on product, the chelating agents market is segmented into sodium gluconate, amino polycarboxylate (APCA), organophosphate, and others. Sodium gluconate accounted for a significant market share and is expected to continue dominating the global market in the coming years. Organophosphate is likely to account for the second leading position owing to an increase in demand.

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Application Segment Analysis Preview:

By application, the chelating agents market is segmented into water treatment, agrochemicals, household & industrial cleaning, pulp & paper, chemical processing, consumer products, and others. Pulp & paper emerged as the large segment attributing to high revenue and volume share. Moreover, the rise in demand for tissue papers is expected to propel the demand for chelating agents in the coming years.

Regional Segment Analysis Preview:

The Asia Pacific held a notable share in 2020 owing to the presence of key players and their dominance. The demand from regional markets in the Asia Pacific is of high significance to the market development. The presence of manufacturing units and distribution channels are some of the factors supplementing the market growth. North America and Europe are likely to attain a significant share in the coming years owing to the increase in popularity of chelating agents.

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Key Players and Competitive Landscape:

Some of the key companies operatives in the global chelating agent market include :

• Cargill Incorporated
• BASF SE
• AkzoNobel N.V.
• Sigma-Aldrich Corporation
• Archers Daniels Midland Company
• Dow Chemical Company
• Lanxess AG amongst others.

The Global Chelating Agents Market is segmented into,

By Product Type:

• Sodium Gluconate
• Aminopolycarboxylate (APCA)
• Organophosphate
• Others

By Application Type:

• Pulp & Paper
• Household & Industrial Cleaning
• Water Treatment
• Agrochemicals
• Chemical Processing
• Consumer Products
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa