The chelating agents market is gaining much growth because of the high usage of chelating agents in numerous sectors. They are widely used in multiple industries, such as personal care, pulp, paper, and agriculture, and have high demand in the market. Furthermore, chelating agents have shown huge cleaning applications, particularly detergent actions. It is also observed that increasing awareness among consumers associated with drinking water and other major health concerns is expected to increase the demand for chelating agents in the next few years.
According to Data Bridge Market Research, the Global Chelating Agents Market is expected to grow at a CAGR of 5.8% during 2022-2029.
" Increasing Demand of Chelating agents in Pulp and Paper Industry Surge the Market Growth"
Chelating agents play a major role in the pulp and paper industry. Chelating agents are widely used in bleaching chains, specifically chlorine dioxide and sodium hydrosulphate processes. They can also be used for inking and scaling applications. There are numerous properties of chelating agents in chemical and acoustic water purification and the wide use of chelating agents in the chlorine exfoliation manufacturer. In the industry, chelating agents, such as chlorine drying, expand the process's accuracy. Thus, this factor boosts market growth.
What restraints the growth of the Global Chelating Agents Market?
" Decline in Consumption of Phosphate-Based Agents"
Various side effects are associated with the use of chelating agents. Effects include chills, fever, anemia, or headache, blood clot in a vein, lower levels of magnesium and potassium in the blood, vomiting, diarrhea, nausea, fatigue, abnormal calcium levels in the blood, and insulin shock. All these major factors impede the growth of the market.
Segmentation: Global Chelating Agents Market
The global chelating agents market is segmented on the basis of type, form, distribution channel and application.
- On the basis of type, the chelating agents market is segmented into synthetic chelating agents, and natural chelating agents.
- On the basis of form, the chelating agents market is segmented into biodegradable, and non-biodegradable.
- On the basis of distribution channel, the chelating agents market is segmented into direct sales/B2B, specialty stores, warehouses, e-commerce, and others.
- On the basis of application, the chelating agents market is segmented into pulp and paper, agriculture, cleaners and detergents, industrial cleaning/descaling, mining, textile processing, oil and gas, polymer production, building and construction, photography, electrical and electronics, food, and feed additives, personal care, pharmaceuticals, and others.
Regional Insights: North America is expected to dominate the Global Chelating Agents Market
Asia-Pacific dominates the market due to continuous innovations and developments in the region's textile and pulp and paper industries. Developing economies of the region, including India, Japan, China, Indonesia, and South Korea are anticipated to show huge improvements in the cleaning, water treatment, and detergent application sectors due to increasing population and awareness.
North America is expected to grow in 2022-2029 due to increasing public concerns about environmental pollution caused by using non-biodegradable agents. This will likely boost the demand for chelating agents in the region mentioned.
To know more about the study, visit, https://www.databridgemarketresearch.com/reports/global-chelating-agent-market
Recent Developments in Global Chelating Agents Market
- In 2021, Jungbunzlauer sodium gluconate was produced through the fermentation of renewable raw materials such as corn carbohydrates. Numerous organisms can readily biodegrade it in aerobic and anaerobic wastewater conditions and the natural environment. Sodium gluconate is the sodium salt of gluconic acid produced by the fermentation of glucose. Non-corrosive, non-toxic, and readily biodegradable, sodium gluconate is increasingly considered a chelating agent.
The Prominent Key Players Operating in the Global Chelating Agents Market Include:
- BASF SE (Germany)
- Dow (U.S.)
- Nouryon (Netherlands)
- Kemira (Finland)
- Mitsubishi Chemical Holdings Corporation (Japan)
- Merck KGaA (Germany)
- Tosoh Corporation (Japan)
- Hexion (U.S.)
- Tate & Lyle (U.K.)
- Ascend Performance Materials (U.S.)
- DuPont (U.S.)
- Arkema (France)
- LANXESS (U.S.)
- NIPPON SHOKUBAI CO., LTD. (Japan)
- Shandong IRO Chelating Chemical Co., Ltd. (China)
- Kemira (Finland)
Above are the key players covered in the report, to know about more and exhaustive list of global chelating agents market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Chelating Agents Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
