Chelating Agents Market Size, Share, Demand and Growth By 2030
Chelating Agents
Market Overview:
The global chelating agents market is
on a track where it would achieve a 4.33% CAGR during the forecast period (2022-2030)
and can effectively surpass a valuation of USD 6.7 billion by the end of 2030.
Market Research Future (MRFR) made these claims in their global report on the
same market.
The global chelating
agents market is going to receive a huge boost from the paper & pulp
industry and from the detergent industry. Growing demand for chlorine-free
bleaching would trigger the intake of chelating agents. It would also get
backed by the surfactant industry. In addition, various biodegradable chelating
agents are in high demand from several quarters owing to which the chelating
agents market would dominate the global market. A surge in competition among
various players would contribute to better strategies and a hike in the market
outcome.
Chelating Agents
Market Segmentation:
MRFR’s report on the global chelating
agents market has several dynamics analyzed on the basis of a segmental
understanding. These segments are type, application, and end-use industry. This
analysis would have a huge impact on various strategies as the dynamics have
been studied with the forecast period in mind.
By type, the global market report on the chelating
agents has been segmented into biodegradable and non-biodegradable. The
biodegradable chelating agents segment includes ethylenediamine-N, sodium
gluconate, glutamic acid diacetic acid (GLDA), N-Disuccinic Acid (EDDS), and
methylglycinediacetic acid (MGDA). The non-biodegradable chelating agents
segment incorporates ethylenediamine tetra-acetic acid (EDTA), phosphates &
phosphonates, amino polycarboxylates, and others
By application, the global chelating agents market report
can be segmented on the basis of household and industrial cleaners, medical,
scale removal & prevention, papermaking, fertilizers, water treatment,
food, textile, and others.
By end-use
industry, the global report on the chelating
agents market can be segmented into surfactants, agriculture, paper & pulp,
textile, healthcare, water treatment, and others. The water treatment segment
is getting good traction due to a hike in urban development.
Chelating Agents
Market Regional Analysis:
The Asia Pacific is touted to be the
largest chelating agents market by the end of 2025. This is particularly due to
the growing need for various industrial cleaners. This demand is particularly
gaining traction from countries like India, Thailand, Indonesia, and Australia.
In these countries, the demand for liquid detergents is witnessing an
unprecedented surge, which is further getting bolstered by increasing
e-commerce activities. Major players like Amazon, Flipkart, Alibaba, and others
backing the e-commerce segment to increase the intake of these chelating
agents.
North America would also make a
significant contribution to the global chelating agents market growth. It is
witnessing demands from both oilfield applications and various industrial
cleanings. In water treatment plants and pharmaceutical companies, these
chelating agents are gaining easy access, which would ensure better growth for
the market. Europe would follow the same footsteps as the features of the
industrial sector are quite similar in both these regions. Latin America and
the Middle East & Africa would contribute significantly as well due to the
changing industrial patterns in these regions.
Chelating Agents
Market Competitive Analysis:
There are several companies in the
global chelating agents market that are showing substantial interest in taking
the global market forward. These companies are making a name by launching
strategies that would boost their revenues and take the market to the next
level. These companies are Nouryon (The Netherlands), Mitsubishi Chemical
Corporation (Japan), Zhonglan Industry Co., Ltd. (China), Centro Chino (China),
Tosoh Corporation (Japan), Kemira Oyj (Finland), BASF SE (Germany), Archer
Daniels Midland Company (US), Merck KGaA (Germany), Lanxess AG (Germany), and
DowDuPont (US).
Chelating Agents
Market Industry News:
In January 2020, BASF announced that
it has expanded its low 1,4-Dioxane line. This they did by introducing several
new ingredients to their already existing Flex surfactants and polymers range
of products in North America. This would include chelating agents as well.
About Market
Research Future:
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