Chelating Agent Industry Leaders 2023 Forecast - The Dow Chemical Company , Huntsman Corporation , BASF SE , Sigma-Aldrich Corporation , Kemira OYJ

Industry/ Innovation/ Related News

Aug 2015:  BASF SE, aglobal leader in chemical industry is investing in expansion of production capacity of its bio degradable chelating agent product, ‘Trilon’. The production capacity for chelating agents will be 170,000 metric tonnes. The product is a high performance alternative for phosphate based chelating agent used in cleaning industry.  The market leader has significantly stimulated chelqating agents market. Markwet followers are antcipated to invest in such development, in order to gain significant share in the global market.

Sept 2017:  AkzoNobel, a leading global paints & coatings company partnered with Itaconix to develop bio –based chelating agents. The companies are in application agreement to evaluate and develop innovative bio-based chelates for the home & industrial cleaning industry. This was another development by market leaders towards developing  a sustainable product for cleaning industry and signifies the trend towards biodegradibillity in chelating agents market.

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GLOBAL CHELATING AGENT MARKET IS PREDICTED TO GROW AT APPROXIMATELY 5% CAGR DURING THE FORECAST PERIOD 2018-2023

Chelatiing Agent Market – Market Overview
Global chelating agents or chelates market demand is driven by increasing demand in various end -use industries. The end-use industries driving the global demand includes, pulp & paper, agrochemical, and home care & institutional cleaning chemicals industry. Among these industries, pulp & paper is the most prominent and accounts for prominent share in the overall consumption. Chelating agents are used for bleaching pulp to enhance the brightness of papers. Although printing papers demand is declining in some regions, increasing demand for tissues and container board is antcipated to boost the overall pulp & paper industry. Growing manufacturing & packaging industry across the globe is boosting the pulp & consumption across the globe.

The global production of paper & paper board is growing at a CAGR of 2.2% year on year. Being prominent end-use industry of chelating agent, the global paper & paper board production is expected to drive the global chelating agents market.
Moreover, increasing crop production owinng to growing world food demand will spur market growth. Chelating agents are used in soil application, in order to provide nutrition for increasing productivity of the soil. Growing focus on developing biodegardable chelates has created new opportunities for cheklating agents in house hold & institutional cleaning market. Global cleaning chemicals manufacturers are focusing on providing sustainable solution to its consumers.

Geographically, Asia-Pacific is estimated to be the largest market acounting for largest value share in the global chelating agent market. The Asia-pacific market share is attributed to the high cleaning chemical, and pulp & paper production in China. India is estimated to be the fastest growing market after China in Asia-Pacific. Asia-Pacific market is followed by North America and Europe.

Chelating Agents Market - Competitive Analysis
Leading chemical companies are engaged in manufacturing of chelating chemicals. Owing to the stringent regulations on chelating agents., the leaders in the market are focusing on invention of new bio-based and efficient chelating agents for various end-use industries. however, the many manufacturers ion Europe are refraining from the production of toxic chelating agents that are facing ban in European Union and U.S. market.

Top Companies Profiled in this Report includes

The key players that are involved in Chelating Agent Market are The Dow Chemical Company (U.S.), Huntsman Corporation (Germany), BASF SE (Germany), AkzoNobel NA (Netherlands), Kemira OYJ (Tokyo), ADM (U.S.), Sigma-Aldrich Corporation (U.S.), and Lanxess AG (Germany).

The Middle East & Africa

The report for Chelating Agent of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Full report on Chelating Agent Market report spread across 115 pages, profiling 18 companies and supported with tables and figures available @ https://www.marketresearchfuture.com/reports/chelating-agent-market-1127

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