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.
About Us
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.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 |United Kingdom: +44-753-713-2163
Comments
Post a Comment