Chelating Agents Market Trends

  • Report ID: 5116
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Chelating Agents Market Trends

Growth Drivers

  • Growing Water Treatment Applications: Chelating agents are extensively used in water storage system treatment processes to remove metal ions such as calcium, magnesium, iron, and copper from industrial wastewater.
  • Environmental Regulations: Increasing environmental awareness and stringent regulations regarding wastewater treatment and pollution control have contributed to the demand for chelating agents. These agents help industries comply with environmental standards by reducing the release of heavy metals into the environment.
  • Expanding Pulp and Paper Industry: Chelating agents are utilized in the pulp and paper industry to improve the efficiency of bleaching processes and to control metal ions that can catalyze undesirable reactions. The growth of the paper industry, coupled with the demand for sustainable and eco-friendly paper products, has boosted the use of chelating agents in this sector.

Challenges

  • Environmental Concerns: While chelating agents are essential in many industrial applications for metal ion control, their usage can also raise environmental concerns. Improper disposal of chelating agents and their metal complexes can lead to environmental pollution and potential harm to aquatic life. Striking a balance between their industrial utility and environmental impact remains a challenge.
  • Regulatory Compliance
  • Cost and Availability of Raw Materials

Chelating Agents: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

8.3%

Base Year Market Size (2024)

USD 11.78 billion

Forecast Year Market Size (2037)

USD 33.5 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 5116
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of chelating agents is assessed at USD 12.57 billion.

The chelating agents market size was over USD 11.78 billion in 2024 and is poised to reach USD 33.5 billion by the end of 2037, witnessing around 8.3% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for residential sector will drive the market growth.

Asia Pacific industry is expected to account for largest revenue share of 40% by 2037, impelled by rapid industrialization along with the expansion of manufacturing sector in the region.

The major players in the market include BASF SE, Dow Inc., AkzoNobel N.V., Archer Daniels Midland Company, Mitsubishi Chemical Corporation, Kemira Oyj, EMD Millipore Corporation (Merck KGaA), Lanxess AG, Tate & Lyle PLC, Sigma-Aldrich Corporation.
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