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Chelating agents Market Pegged for Robust Expansion by 2031 | Type, Application, Scope & Key Companies
Global Chelating agents report from Global Insight Services is the single authoritative source of intelligence on Chelating agents market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.Read more about Chelating agents market here: https://www.globalinsightservices.com/reports/chelating-agents-market/
Chelating agents are molecules that bind to metal ions, forming a complex. This complex is then excreted from the body, preventing the metal ion from causing toxicity. Chelating agents are used to treating heavy metal poisoning, as well as to remove excess metal ions from the body.
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Market Segments
The chelating agents market bifurcated on the basis of type, application, and region. On the basis of type, it is segmented into non-biodegradable and biodegradable. By application, it is analyzed across pulp & paper, cleaning, personal care, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Player
The chelating agents market report includes players such as Akzonobel N.V, Archer Daniels Midland Company, BASF SE, Cargill, Incorporated, The Dow Chemical Company, Lanxess AG, Kemira OYJ, Tate & Lyle PLC, Emd Millipore, and Mitsubishi Rayon Co., Ltd.
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Key Drivers
The global chelating agents market is driven by the growing demand for food and beverage products, pharmaceuticals, and cosmetics. The increasing demand for these products in Asia-Pacific and Latin America is expected to drive the market growth. The rising health consciousness among consumers and the growing demand for natural and organic products are some of the other factors that are expected to fuel the market growth. The stringent government regulations regarding the use of synthetic chemicals in food and beverage products is expected to hamper the market growth.
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𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: Chelating Agents Market size was valued at USD 1636.07 Million in 2020 and is projected to reach USD 2222.75 Million by 2028, growing at a CAGR of 3.93% from 2021 to 2028.
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