Chelates Market Rising Huge Business Growth, Opportunities with COVID-19 Impact Analysis

Maximize Market Research, a leading market research and business consulting firm, has released a comprehensive report on the global Chelates Market, indicating significant growth prospects and valued at US$ 0.68 Billion in 2022.

Report Scope:

The report delves into the Chelates market, analyzing its various segments including Type, Micronutrients, and Region. It provides valuable insights derived from market participants and covers key regions such as North America, Asia Pacific, Europe, Middle East & Africa, and South America. The report offers an in-depth analysis of industry advancements, utilizing data analysis, illustrations, and presentations to present key findings for the historical period from 2017 to 2022.

Research Methodology:

The research methodology employed for this report involves a thorough examination of market dynamics, including drivers, limitations, prospects, and barriers. It incorporates investor recommendations based on a comprehensive competitive analysis of the Chelates market.

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Key Drivers and Restraints:

Agricultural chelates play a crucial role in enhancing fertilizer performance, thereby improving crop yields. The rising demand for micronutrient fertilizers, coupled with government initiatives aimed at boosting the agricultural sector, is expected to drive market growth. However, the global Chelates Market has faced challenges stemming from the COVID-19 pandemic, including lockdowns, logistical disruptions, and reduced production, particularly impacting key regions such as China, the United States, Brazil, India, and EU-5 countries.

Regional Insights:

Europe emerged as the largest market share holder in 2022, driven by growing demand from countries like Spain and the Netherlands, which have increased cultivated areas and diverse crop requirements.
The Asia Pacific region is anticipated to witness significant growth, with countries such as India and China playing pivotal roles due to their substantial agricultural activities and high demand for micronutrient fertilizers.
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Chelates Market Segmentation:

by Micronutrients

• Iron
• Zinc
• Manganese
• Others

The iron, zinc, manganese, and others segments of the chelates market are based on micronutrients. In 2022, the iron sector accounted for 41% of the market, the biggest share. The factors that can be linked to many consumers point to a diet that is richer in nutrients, which has increased the amount of iron-based crop development for farmers in the market for agricultural chelates.

by Type

• Ethylenediamine Tetraacetic Acid (EDTA)
• Diethylenetriaminepentaacetic Acid or Pentetic Acid (DTPA)
• Ethylenediamine-N, N'- Bis (2-Hydroxyphenylacetic Acid) (EDDHA)
• Others

Ethylenediamine Tetraacetic Acid (EDTA), Diethylenetriamine Pentaacetic Acid or Pentetic Acid (DTPA), Ethylenediamine-N, N'- Bis (2-Hydroxyphenylacetic Acid) (EDDHA), and Others are the segments of the chelates market based on type. During the projected period, the EDTA agricultural chelates segment is expected to experience the highest compound annual growth rate. The elements that are responsible for the high plant absorption of micronutrients and their potent binding capacity when combined with vital micronutrients such as iron (Fe), zinc (Zn), copper (Cu), and manganese (Mn) enhance crop development, which in turn accelerates the market for this particular segment.

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Chelates Market Key Players:

• Aries Agro Ltd.
• BASF SE
• Greensmiths, Inc.
• Haifa Chemicals
• Nufarm Ltd
• Syngenta AG
• The Andersons, Inc.
• The Dow Chemical Company
• Wilbur-Ellis Company Inc
• Nouryon, Valagro SPA
• Yara International Asa
• BMS Micro-Nutrients.

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Table Of Content

Part 01: Executive Summary

Part 02: Scope of the Chelates Market Report

Part 03: Chelates Market Landscape

Part 04: Chelates Market Sizing

Part 05: Chelates Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key questions answered in the Chelates Market are:

What is Chelates?
What was the Chelates market size in 2022?
What is the growth rate of the Chelates Market?
Which are the factors expected to drive the Chelates market growth?
What are the different segments of the Chelates Market?
What are the factors restraining the growth of the Chelates Market?
What segments are covered in the Chelates Market?
Who are the Chelates key players in the industry?
What are the upcoming industry applications and trends for the Chelates Market?

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Key Offerings:

A detailed Market Overview
Market Share, Size, and Forecast by Revenue|2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation- A detailed analysis of each segment and their segments
Competitive Landscape - Leading key players and other prominent key players.

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.