"We Envision Growth Strategies Most Suited
to Your Business"

Chelating Agents Market to Touch $6,396.9 Million by 2027; Rising Adoption of Sodium Gluconate for Sequestering Applications across Industries to Boost the Market

February 02, 2021 | Chemicals & Materials

The global chelating agents market size is projected to reach USD 6,396.9 million by 2027 owing to the increasing demand for chelators in the agro-chemicals sector, states Fortune Business Insights™ in its report, titled “Chelating Agents Market Size, Share & COVID-19 Impact Analysis, By Product Type (Sodium Gluconate, Organophosphonates, EDTA & HEDTA, EDDS, GLDA, IDS & MGDA, NTA, and Glucoheptonates), By Application (Pulp & Paper, Household, Institutional & Industrial Cleaning Product, Chemical Processing, Agrochemicals, Water Treatment, Photo Application, Consumer Product, Textile, Metal), and Regional Forecast, 2020-2027”. The report also states that the global market value was USD 4,757.1 million in 2019 and that the market will register a CAGR of 4.4% from 2020 to 2027.


The COVID-19 pandemic outbreak is expected to quell the growth of this market as the demand for copier paper and printing paper has dramatically dropped due to the closure of educational institutes and commercial spaces. However, the paper used in food packaging applications, the pharmaceutical industry, and personal hygiene products is still experiencing high demand, which will cushion the blow of the pandemic on the chelating agents market growth.


BASF Takes Ups the Sustainability Quotient of Chelation


In July 2019, the German chemical major, BASF, released the Trilon® M Max EcoBalanced, the company’s first renewables-based chelating agent in the Trilon family, created in line with the novel biomass-balance approach. The approach entails the replacement of fossil fuel feedstock with feedstock extracted from renewable sources, such as biogas, at the first stage of production. The Trilon M Max is then deployed onto the feedstock, allowing BASF to fully substitute fossil feedstock with renewables, which in turn will reduce greenhouse gas emissions. With the introduction of Trilon M Max EcoBalanced, BASF will bolster its position in the sustainable chemicals domain. 


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/chelating-agents-market-104716


High Potential of Chelation Agents in Medical Treatments to Widen Market Scope


Chelation therapy has gained steady momentum over the past few years due to its proven efficacy in removing heavy metals, such as lead, arsenic, mercury, and copper, from the bloodstream. Chelating agents commonly utilized for such treatments include ethylenediaminetetraacetic acid (EDTA), dimercaptosuccinic acid, and dimercaprol. The potential of sequestering agents has also led to the development of chelated minerals that are bound to amino acids or organic acids, meant to boost the body’s intake of the bound mineral. For example, a study conducted by researchers at the Swiss Federal Institute of Technology found that chelated zinc was absorbed approximately 11% more effectively than non-chelated zinc. Furthermore, these compounds can be highly effective in boosting the absorption of minerals in older adults, as proven by researchers from Tartu State University in Estonia and Patolab in Finland in 2015. Thus, the scope of application of sequestering agents in the field of medicine and healthcare is wide and much remains to be explored and researched, augmenting the potential of this market.


Chemical Giants to Aid Global Fight against COVID-19


Several large chemical companies around the globe have been dedicating their facilities, expertise, and capabilities to fight the seemingly endless battle against the coronavirus pandemic. The crisis has given an opportunity to key players in this market to build trust and goodwill among their customers, which will undoubtedly benefit them once the crisis is over. Besides this, leading companies are constantly involved in research & development activities to create novel chelating agents and entrench their market position.


Industry Development:



  • April 2020: Hexion Inc. announced that its two sites – one in Germany and one in Australia – will be devoted to the production of hand sanitizers amid the current pandemic. The company will reconfigure its mixing machines at these sites to manufacture hand sanitizers and support the fight against the coronavirus.


List of Key Players Covered in this Market Report:



  • Bozzetto Group (Filago, Italy)

  • Ava Chemicals Private Limited (Maharashtra, India)

  • Ascend Performance Materials (Houston, U.S.)

  • NIPPON SHOKUBAI CO., LTD. (Osaka, Japan)

  • Kemira (Helsinki, Finland)

  • Dow Chemical Company (Michigan, U.S.)

  • ADM (Illinois, U.S)

  • Hexion (Ohio, U.S.)

  • Nouryon (Amsterdam, Netherlands)

  • Shandong IRO Chelating Chemical Co., Ltd. (Shandong, China)

  • Mitsubishi Chemical Corporation (Tokyo, Japan)

  • BASF SE (Ludwigshafen, Germany)

  • Akzo Nobel N.V. (Amsterdam, Netherlands)


Further Report Findings:



  • Asia Pacific is expected to dominate the chelating agents market share during the forecast period owing to the increasing adoption of advanced wastewater treatment technologies in developing countries, such as India, China, and Indonesia. The region’s market size in 2019 stood at USD 1,969.5 million.

  • Since chelating compounds are instrumental in the manufacturing and processing of pulp and paper, the pulp & paper segment will lead the market over the forecasted time period.


Table of Segmentation














































 ATTRIBUTE



  DETAILS



Study Period



  2016-2027



Base Year



  2019



Forecast Period



  2020-2027



Historical Period



  2016-2018



Unit



  Value (USD Million) and Volume (Tons)



Segmentation



  Product Type; Application; and Geography



By Product Type




  • Sodium Gluconate

  • Organophosphonates

  • EDTA, DTPA & HEDTA

  • EDDS, GLDA, IDS & MGDA

  • Nitrilotriacetic Acid (NTA)

  • Glucoheptonates



By Application




  • Pulp & Paper

  • Household, Institutional & Industrial Cleaning Product

  • Chemical Processing

  • Agrochemicals

  • Water Treatment

  • Photo Application

  • Consumer Product

  • Textile

  • Metal

  • Others



By Geography




  • North America

    • By Product Type

    • By Application

    • By Country

      • The U.S. (By Application)

      • Canada (By Application)





  • Europe

    • By Product Type

    • By Application

    • By Country

      • Germany (By Application)

      • The UK (By Application)

      • France (By Application)

      • Italy (By Application)

      • Spain (By Application)

      • Russia & CIS (By Application)

      • Rest of Europe (By Application)





  • Asia Pacific

    • By Product Type

    • By Application

    • By Country

      • China (By Application)

      • Japan (By Application)

      • India (By Application)

      • ASEAN (By Application)

      • Rest of Asia Pacific (By Application)





  • Latin America

    • By Product Type

    • By Application

    • By Country

      • Brazil (By Application)

      • Mexico (By Application)

      • Rest of Latin America (By Application)





  • The Middle East & Africa

    • By Product Type

    • By Application

    • By Country

      • GCC (By Application)

      • South Africa (By Application)

      • Rest of the Middle East & Africa (By Application)






Global Chelating Agents Market
  • PDF
  • 2019
  • 2016-2018
  • 80

    CHOOSE LICENSE TYPE

  • 4850
    5850
    6850

Our Clients

Ntt
Sony
Krones
Toshiba
LG Chem
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X