According to TechSci Research report, “Global Chelating Agents Market – By Region, Competition Forecast and Opportunities, 2018-2028″, The Global Chelating Agents Market is anticipated to increase at an impressive rate in the forecast period 2024-2028. Global Chelating Agents Market is expected to grow impressively through 2028 due to the growing demand from the Pulp and Paper Industry and Cleaning industries. The increasing use of disinfectant cleaning inventions for industrial cleaning and homecare cleaning inventions is a key reason increasing global revenue development. Chelating agents are an important component of a broad range of disinfection and home care formulations, and their usage is growing exponentially because of the mass production of consumer goods. United Nations Industrial Development Organization (UNIDO) estimates that in 2025, the world’s industrial output will have increased by 9.4%. With a rising global population and consumer demand for cleaning formulation goods, these reasons are predicted to increase the market for chelating agents.
Throughout the COVID-19 pandemic, the market for chelating agents has benefited. During the pandemic, chelating agent products saw considerable sales increase from major industry players including Dow Chemicals Corporation, BASF SE, and others. Consumer awareness of personal hygiene and cleaning practices has been vital to the rapid sector expansion of hygienic personal care and housekeeping products. Also, the use of chelating agent products in hospitals and clinics for surface cleaning and sanitization procedures has substantially aided in the expansion of the chelating agent market.
Moreover, chelating agents contain important micronutrients like iron, zinc, manganese, and copper that enhance their use in boosting immunity and promoting good health by lowering the danger of bacterial infections and assaults. Due to severe lockdowns, market participants in some areas experience difficulties with a shortage of raw materials. Lockdowns have interrupted production and distribution processes, which has led to shortages and delays in the market for chelating agents. Biodegradable raw materials are primarily imported from the Asia-Pacific region.
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Global Chelating Agents Market is segmented based on type and application.
Based on type, the market is divided into Aminopolycarboxylic Acid, Sodium Gluconate, Organophosphonate, and others. The Sodium Glucomate segment is expected to hold the largest market share in the forecast period.
Based on Application, the market is divided into pulp and paper, household and industrial cleaning, water treatment, agrochemicals, personal care, and other. The growing awareness of cleaning and personal hygiene is the primary reason driving the segment’s growth.
Major companies operating in Global Chelating Agents Market are:
- Akzo Nobel NV
- Archer Daniels Midland Company
- BASF SE
- Kemira Oyj
- The Dow Chemical Company
- Mitsubishi Chemical Holdings Corporation
- Nouryon Chemicals Holding B.V
- Lonza Group AG
- Evonik Industries AG, Inc
- Ascend Performance Materials LLC
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“In 2022, a major revenue share is accounted for the paper and pulp industry. Chelating agents are regularly employed in paper and pulp production processes to increase pulp bleaching quality, which lowers bleaching costs for producers. Ethylenediaminetetra-acetic Acid (EDTA) and Diethylene-triaminepentaacetic Acid are the two chelating agents that are most frequently employed in the paper and pulp industry (DTPA). Moreover, chelating agents serve to thicken the paper and waterproof packing materials.” said Mr. Karan Chechi, Research Director with TechSci research, a research based global management consulting firm.
“Global Chelating Agents Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Aminopolycarboxylic Acid, Sodium Gluconate, Organophosphonate, Others), By Application (Pulp and Paper, Household and Industrial Cleaning, Water Treatment, Agrochemicals, Personal Care and Other), By Company (2022), By Region, Competition Forecast and Opportunities, 2028 has evaluated the future growth potential of Global Chelating Agents market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Chelating Agents Market.
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