Press release
Chelating Agents Market Trends by Key Players: AkzoNobel, BASF SE, Mitsubishi Rayon, Kemira Oyj, Archer Daniels Midland, EMD Millipore, Lanxess, Tate & Lyle, Sigma-Aldrich, Dabeer, Cargill Inc, Dow Chemical Company
Global Market Insights, Inc.
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Rising awareness pertaining to water treatment will also drive the chelating agents market in the upcoming period. With various regulatory bodies at different levels including the EPA, ASTM, REACH, Energy & Environmental Affairs (EEA), European Environment Agency, National Science Foundation (NSF), etc. mandating industrial waste water treatment, the product demand in water treatment chemicals will increase significantly. Chelating agents, such as citric acid, have good water softening properties and find varied applications in treatment of waste water. Water treatment chemicals industry was worth more than USD 25 billion in 2015 and will likely reach USD 40 billion in 2024.
In 2015, Asia Pacific accounted for 40% of the global chelating agents market landscape and is anticipated to exhibit around 4% CAGR over the coming seven years. The growth can be attributed to the products’ surging need across the agrochemical and paper industries. Moreover, stringent government norms pertaining to industrial waste will also influence the chelating agents market growth across APAC. India, China, and Japan will be the prominent regional revenue contributors.
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Partial Chapter of the Table of Content
Chapter 3. Chelating Agents Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Rising paper & pulp industry
3.4.1.2. Increasing demand for detergents and cleaners
3.4.1.3. Growing water treatment industry
3.4.2. Industry pitfalls & challenges
3.4.2.1. Environmental impacts of non-biodegradable chelating agents
3.5. Growth potential analysis
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.8. Key competitor analysis, 2015
3.8.1. Strategic landscape
3.9. PESTEL analysis
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.2. Raw material trends
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Chelating agents market competitive landscape is fragmented with the presence of numerous manufacturing companies including AkzoNobel, BASF SE, Mitsubishi Rayon, Kemira Oyj, Archer Daniels Midland, EMD Millipore, Lanxess, Tate & Lyle, Sigma-Aldrich, Dabeer, Cargill Inc, Dow Chemical Company, Nagase ChemteX, AVA Chemicals, and Shandong IRO.
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