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Chelating Agents Market Key Data Points Mapped Including Top Key Players, Industry Scenario, Strategies, and Growth Factors for the Forecast Period Up to 2030 | grow at a CAGR of 4.3%

07-16-2021 11:00 AM CET | Science & Education

Press release from: Supply Demand Market Research

Chelating Agents Market Key Data Points Mapped Including Top Key

Chelating agents are widely used in various industries. These are broadly used in various industrial, agricultural and domestic applications. Aminopolycarboxylates, such as ethylenediaminetet-raacetic acid (EDTA) and diethylenetriaminepentaacetic acid (DTPA), are generally used chelating agents for various purposes. Chelating agents are chemical compounds which react with metal ions to form a stable, water-soluble compound.

The global chelating agents market in 2020 was approximately USD 6.9 Billion. The market is expected to grow at a CAGR of 4.3% and is anticipated to reach around USD 8.6 Billion by 2025. Increasing requirement for corrugated packaging along with the increasing e-commerce activities is predicted to drive the growth of the paper and pulp industry and hence, the demand for chelating agents. Since there is an increase in e-commerce activities in all regions, which leads to an increase in the use of packaging materials which propels the demand for chelating agents for the pulp and paper industry.

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The increase in the demand for biodegradable chelating agents can be witnessed owing to the unique properties and eco-friendly nature. On the other hand, long period exposure to non-biodegradable chelating agents can cause harmful effects which are likely to hamper the market growth.

The market for chelating agents is intensely competitive and is highly fragmented. The vendors in the chelating agents market compete based on product portfolio, product differentiation, applications, and the pricing of products. The rise in technological innovations in designing the products for better quality, ease of use and better performance is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features, into their product. Key players in the market are Arkema, BASF, DOMO Investment Group, DuPont, Evonik Industries and others.

Based On The Application, The Global Chelating Agents Market Segmented Into

Pulp & Paper
Household & Industrial Cleaning
Agrochemicals
Water Treatment
Chemical Processing
Consumer Products
Others

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Based On The Type, The Global Chelating Agents Market Segmented Into

Aminopolycarboxylic Acid (APCA)
Sodium Gluconate
Organophosphates
Others

Based On The Region, The Global Chelating Agents Market Segmented Into

Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa]
South America [Brazil, Argentina, Columbia, Chile, Peru]

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