Global Chelating Agents Market 2018: Region Wise Analysis of Top Players in Market By Types and Application

The global chelating agents market has been witnessing a positive growth. This can be attributed to rapid urbanisation and industrialisation, technological advancements, strict government policies and thriving end-use industries.

Request a free sample report: https://www.imarcgroup.com/request?type=report&id=836&flag=B

The latest report by IMARC Group, titled “Chelating Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global chelating agents market has reached a value of more than US$ 5 Billion in 2016. Chelating agents or chelators, are chemical compounds that form a water-soluble and stable complex by reacting with metal ions. These agents are eco-friendly and cost-effective in nature due to which they find numerous applications across various sectors. Chelating agents are used for rearranging chemical composition and improving general stability of a metal to bond with other substances. Apart from this, they help in decreasing the toxic effects which are produced by metals and in controlling heavy metal poisoning in the human body.

Highlights of the global chelating agents market:

A strong growth in the end-use industries remain a major factor driving the market.

Aminopolycarboxylic acid represents the largest type segment.

Pulp and paper dominates the application segment, accounting for the biggest market share.

Asia-Pacific holds the largest share owing to the augmenting demand for processed food.

The major factor driving the growth of the global chelating agents market is the escalating demand for pulp and paper industry where chelating agents are extensively used in mechanical pulp bleaching, chemical pulping and reduction of brightness reversion. Additionally, rapid urbanisation and industrialisation have led the governments across various nations to implement strict policies and regulations for fresh and clean water. This has, in turn, broadened the growth prospects for the chelating agents market. Some of the other factors that have been proactive in maintaining the growth include increasing disposable incomes, technological advancements and continuous product innovations being made by the manufacturers. However, the usage of nonbiodegradable chelating agents including EDTA acts as a major hinderance for the growth of the market. Further, the market is projected to reach a value of nearly US$ 7 Billion, exhibiting a CAGR of more than 4% during 2017-2022.

On the basis of type, aminopolycarboxylic acid (APCA) exhibits a clear dominance in the market, followed by sodium gluconate and organophosphonate. Based on application, pulp and paper represent the largest application segment of chelating agents owing to the rising demand for tissue and graphic papers. It is followed by household and industrial cleaning, water treatment, agrochemicals and personal care. Region-wise Asia-Pacific currently accounts for the majority of the total global share. This is due to the expansion of competitive manufacturing costs and production capacity along with the increasing demand for processed food, and clean and treated water. Other major markets include North America, Europe, Middle East and Africa, and Latin America. The competitive landscape of the market has also been analysed with some of the key players operating in the market being AkzoNobel NA, Archer Daniels Midland Company, BASF, Kemira Oyj and DOW Chemical Company.

Read full report with TOC: https://www.imarcgroup.com/chelating-agents-market

The report by IMARC Group has examined the global chelating agents market on the basis of:

Type:

Aminopolycarboxylic acid (APCA)
Sodium
gluconate
Organophosphonate

Application:

Pulp and Paper
Household and Industrial Cleaning
Water Treatment
Agrochemicals
Personal Care

Region:

Asia Pacific
North America
Europe
Middle East and Africa
Latin America

Key Players:

AkzoNobel NA
Archer Daniels Midland Company
BASF
Kemira Oyj
DOW Chemical Company

Browse related reports:

Silicones Market Research Report: https://www.imarcgroup.com/silicones-market

Naphtha Market Research Report: https://www.imarcgroup.com/naphtha-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us

IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

This release was published on openPR.