Chelating Agents Market Size, Outlook, Demand, Trends and Forecast 2024-2032

The latest report by IMARC Group, titled “Chelating Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global chelating agents market size reached US$ 6.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.

Chelating agents are specialized chemicals that form stable, water-soluble complexes with metal ions, effectively neutralizing their reactivity and making them easier to manage or remove. These compounds are critical in a wide array of industrial applications, including water treatment, agriculture, pulp and paper manufacturing, and healthcare. For instance, chelating agents are used in water treatment processes to eliminate heavy metals and hard water minerals. In the medical field, they are employed to bind to metal ions within the human body for purposes like detoxification. In agriculture, they are utilized to enhance the effectiveness of fertilizers by improving nutrient absorption. Due to their diverse functionalities, chelating agents have gained immense traction as an indispensable component in various sectors, serving as a backbone in both niche and broad-market industries.  

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/chelating-agents-market/requestsample

Chelating Agents Market Trends and Drivers:

The global chelating agents market is primarily driven by the increasing demand for clean and treated water, especially in developing economies, necessitating the use of chelating agents in water treatment plants. Additionally, constant advancements in the healthcare sector have augmented the demand for specialized chelating agents, thus favoring market growth. Besides this, the rapid growth in the agriculture industry, which relies on chelating agents to improve soil quality and crop yield, is accelerating product adoption rates. Furthermore, the heightened focus on sustainability across diverse industries worldwide has led to the development of eco-friendly, biodegradable chelating agents. These green alternatives are expected to play a pivotal role in catering to both environmental concerns and industrial needs, thereby propelling market growth. 

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

  • Aminopolycarboxylic Acid (APCA)
  • Sodium Gluconate
  • Organophosphonate
  • Others

Breakup by Application:

  • Pulp and Paper
  • Household and Industrial Cleaning
  • Water Treatment
  • Agrochemicals
  • Personal Care
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Akzo Nobel NV
  • Archer Daniels Midland Company
  • BASF SE
  • Kemira Oyj
  • The DOW Chemical Company

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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