Chelating Agents Market Research | Growth Overview and Trends Analysis with Forecast 2032

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Delve into the expanding role of chelating agents in the water treatment sector and their pivotal contribution to ensuring access to clean water worldwide

The global Chelating Agents Market had a valuation of USD 6 billion in 2022 and is projected to reach USD 8.54 billion by 2032, with a rapid compound annual growth rate (CAGR) of 4% anticipated during the forecast period. The primary drivers behind this revenue growth are growing environmental concerns and increasing demand from various end-use industries. Chelating agents are chemical substances that form complexes with metal ions, enabling the extraction of these ions from solutions, suspensions, or gas mixtures. They find widespread application across diverse sectors, including the Food & Beverage (F&B) industry, water treatment, agriculture, and pharmaceutical sectors.

In the realm of water treatment, chelating compounds are frequently utilized to eliminate heavy metal ions from water, which can pose significant environmental hazards. The demand for chelating agents in the water treatment sector is expected to escalate due to the growing necessity for clean water, particularly in developing nations.

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Top Lading Players: BASF SE, AkzoNobel N.V., Archer Daniels Midland Company, Cargill Inc., The Dow Chemical Company, The Valero Energy Corporation, Mitsubishi Rayon Co. Ltd, Kemira OYJ, Lanxess AG, and Tate & Lyle PLC among others.

Some Key Highlights from the Report:

  • Organophosphates are expected to grow significantly in the next years as their application in the oil and gas, water treatment, and agriculture industries expands. Organophosphates are often used in agriculture as herbicides and crop protection. The agricultural sector’s need for organophosphates is expected to expand as a result of rising population and food consumption. In the water treatment business, organophosphates are used to reduce scale accumulation and enhance the effectiveness of water treatment systems. Organophosphates are used in the oil and gas industry as corrosion inhibitors and demulsifiers, which help to maintain the quality of the oil and gas.
  • Chelating agents are frequently used in the pulp and paper industry for a number of purposes, such as improving pulp quality, avoiding pitch and stickies, and reducing the need for Bleaching Agents. The global demand for paper and paperboard products is expected to drive the chelating agents market in this application area.
  • Chelating agents are predicted to be in high demand from a wide range of end-use industries, including pulp and paper, food and beverage, and water treatment, with Asia Pacific expected to dominate the market. The region’s need for chelating agents is expected to rise due to rising population and urbanization in developing countries such as China and India. raised environmental restrictions as a result of rising urbanization and industry have also raised the need for adequate wastewater treatment facilities, driving up demand for chelating agents.

Chelating Agents Market Growth & Demand:

The chelating agents market is expected to experience steady growth in the coming years, driven by various factors such as increasing demand from various end-use industries, rising environmental concerns, and advancements in technology. Chelating agents are chemicals that are used to remove or deactivate metal ions from a solution, making them ideal for use in applications such as cleaning products, water treatment, and agriculture. The growing demand for chelating agents in these industries is expected to drive the growth of the market. The increasing awareness about the adverse effects of heavy metal pollution on the environment and human health is also expected to fuel the demand for chelating agents. The development of new and advanced chelating agents, coupled with the increasing adoption of chelating agents in emerging economies, is expected to create significant growth opportunities for the market players. Additionally, the increasing demand for green chelating agents is expected to further boost the growth of the market. Overall, the chelating agents market is expected to witness steady growth in the coming years, driven by the increasing demand from various end-use industries and rising environmental concerns.

Segments covered in the report:

By Type Outlook: 

  • Aminopolycarboxylic Acid
  • Organophosphates
  • Phosphonates
  • Others

By Application Outlook: 

  • Pulp & Paper
  • Household & Industrial Cleaning
  • Water Treatment
  • Agriculture
  • Food & Beverage (F&B)
  • Pharmaceuticals
  • Others

Regional scope:

North America; Europe; Asia Pacific; Latin America ; Middle East & Africa

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