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Why Chemtex Speciality Limited is the Best choice for Citric Acid Solutions?
Chemtex Speciality Limited manufactures Citric Acid Industrial Grade in its anhydrous & monohydrate variants. Citric Acid functions as an effective chelating agent and scale remover in industrial processes due to its unique chemical properties.
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Chelating agents are used in cleaning formulations for their effective functioning by preventing the minerals prevalent in hard water from meddling with the cleaning process. In addition, chelating agents also improve shelf-life, prevent allergies related to nickel or chromium, maintain color, provide antimicrobial effect, and help in scale removal. The use of chelating agents in cleaning products, such as surface cleaners, all-purpose cleaners, detergents, and disinfectants, is expected to rise owing to the need for maintaining proper personal and surrounding hygiene.
Expansions & investments and agreements & partnerships are the key strategies adopted by leading market players
CHELATING AGENT MARKET GROWTH DRIVERS, COMPETITIVE STRATEGIES, SIZE, SHARE, FUTURE DEMAND TILL 2024
Global chelating agents market is expected to reach USD 5.17 billion by 2024. Chelating agents are also termed as sequestering, chelants or chelators agents; which are chemical compounds that react with metal ions to form water-soluble, stable metal complexes. Its molecules may form several bonds to a single metal ion. It is exclusively used for corrosion control, in medicines, water treatment. The chelating agent market is estimated to grow at a significant CAGR of 3.1% over the forecast period as the scope and its applications are rising enormously across the globe.
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The factors that are playing a major role in the growth of chelating agents market are rising awareness regarding water treatment, growing use of biodegradable chelating agents, and high demand from end users like cleaners & detergents. However, ecotoxicological risk regarding conventional chelating agents may restrain overall market growth in the years to come. Chelating agent market is segmented based on type, application, and region.
Phosphates & phosphonates, aminopolycarboxylate, sodium gluconate, and the other types could be explored in chelating agents in the forecast period. The other sector comprises N-(2-Hydroxyethyl) ethylenediaminetetraacetic acid (HEDTA), zeolites, and biodegradable chelating agents. Aminopolycarboxylate sector accounted for the substantial market share of chelating agents and is estimated to continue its dominance in the years to come. The reason could be high demand from several industrial applications. In addition, phosphates & phosphonates sector is estimated to grow at the fastest pace in the years to come.
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The market may be categorized based on applications like food & beverage, cleaners, pharmaceutical, water treatment, personal care, pulp & paper, agrochemicals, and others. Pulp & paper sector accounted for the significant market share of chelating agents and is estimated to lead the overall market in the years to come. The reason could be the growing demand for packaging, papers for writing, and printing.
Globally, Asia Pacific accounted for the substantial market share of chelating agents and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of several paper and pulp industries and high economic growth rate. The developing countries like India and China are the major consumers of chelating agents in this region. The reason could be rising consciousness among consumers regarding hygiene.
Chelating Agent Market 2019 Size, Industry Demand, Trends, Share, Growth, Forecast, Analysis and Overview till 2023
Chelating Agent Market 2019 research report added by Market research future.com to its vast repository provides important statistics and analytical data to give a complete understanding of the market
Chelating Agent Market Overview:
Global chelating agents or chelates market demand is driven by increasing demand in various end -use industries. The end-use industries driving the global demand includes, pulp & paper, agrochemical, and home care & institutional cleaning chemicals industry. Among these industries, pulp & paper is the most prominent and accounts for prominent share in the overall consumption. Chelating agents are used for bleaching pulp to enhance the brightness of papers. Although printing papers demand is declining in some regions, increasing demand for tissues and container board is antcipated to boost the overall pulp & paper industry. Growing manufacturing & packaging industry across the globe is boosting the pulp & consumption across the globe. The global production of paper & paper board is growing at a CAGR of 2.2% year on year. Being prominent end-use industry of chelating agent, the global paper & paper board production is expected to drive the global chelating agents market.
Global Key Players Profiles:-
AkzoNobel N.V., DowDuPont Inc., BASF SE, Archer Daniel Midland, Kemira Oyj, Cargilll Incorporated, Lanxess AG, and Tate & Lyle
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Industry/ Innovation/ Related News
Aug 2015: BASF SE, aglobal leader in chemical industry is investing in expansion of production capacity of its bio degradable chelating agent product, ‘Trilon’. The production capacity for chelating agents will be 170,000 metric tonnes. The product is a high performance alternative for phosphate based chelating agent used in cleaning industry. The market leader has significantly stimulated chelqating agents market. Markwet followers are antcipated to invest in such development, in order to gain significant share in the global market.
Sept 2017: AkzoNobel, a leading global paints & coatings company partnered with Itaconix to develop bio –based chelating agents. The companies are in application agreement to evaluate and develop innovative bio-based chelates for the home & industrial cleaning industry. This was another development by market leaders towards developing a sustainable product for cleaning industry and signifies the trend towards biodegradibillity in chelating agents market.
Chelating Agent Market Competitive Analysis
The Global Market of Chelating Agent appears to be highly competitive and fragmented. Many large and small key players operating in the market are churning the competition to gain competitive advantage. To sustain their market position these players incorporate acquisition, collaboration, partnership, expansion, and technology launch. The Market demonstrates high growth potential which is likely to attract several new entrants in the market. Further resulting in intensified completion. Top players are investing heavily in R&D. Manufacturers operating in the Chelating Agent Market strive to deliver the best quality, reliable and consistent pure high-quality Chelating Agent products based on innovative technologies, and best practices.
They develop a proprietary portfolio of discrete high quality products available from small bottles to drum quantities. They also strive to build the ability to tailor products with the requested specifications such as customized/bulk packaging and special requirements and the help the clients to accelerate time to market. They are committed to excellence through customer service, technical consultation and on-site coordination ensuring a quick turnaround.
Full report on Chelating Agent Market report spread across 115 pages, profiling 18 companies and supported with tables and figures available @ https://www.marketresearchfuture.com/reports/chelating-agent-market-1127
Chelating Agent Market Segments:-
Chelating Agent Market is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Form: Comprises - Aminopolycarboxylate, Phosphates & Phosphonates, and other.
Segmentation by Application: Comprises - Detergent, Cleaning agent, Plastic Additives, Ink, Medicine, Water treatment, Fertilizer, and other.
Segmentation By End User: Comprises - Healthcare, Chemicals, Water & Wastewater, Agriculture, Pharmaceuticals, and other.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Regions:-
Geographically, Asia-Pacific is estimated to be the largest market acounting for largest value share in the global chelating agent market. The Asia-pacific market share is attributed to the high cleaning chemical, and pulp & paper production in China. India is estimated to be the fastest growing market after China in Asia-Pacific. Asia-Pacific market is followed by North America and Europe.
On the negative side, environmental concerns are estimated to have serious impact on the global chelating agents market. Certain chelating agents are subject to ban in European and North America market, owing to their non degradability and hazardous health effects. Some of the manufacturers are voulntarily refraining from the production. For instance, Sodium Tri Polyphosphate is banned by European Union and in Cnada & U.S. markets. The demand for such chemicals is declining in European & North America markets.
The Middle East & Africa
The report for Chelating Agent of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Chelating Agent Market 2017: Analysis, Segments, Key Players, Drivers, Trends, and Forecast 2027
Market Synopsis of Chelating Agent
Market Scenario: Chelating Agent Market is booming due to increase in paper& pulp and detergent industry. Chelating agent chemical improves quality of the paper and cuts down cost of production. In addition, growing industrialization and urbanization consumers prefer clean water. Chelating agent is utilized in purifying the water. Hence, the market for Chelating Agent is expected to grow at XX% CAGR (2016-2027).
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Segments: Globally, the market for Chelating Agent is categorized into mainly three segments namely, by form, by end-users, and by application. The market segmented by form includes Aminopolycarboxylate, Phosphates & Phosphonates, and others. The market has been categorized on the basis of application into detergent, cleaning agent, plastic additives, ink, medicine, water treatment, fertilizer, and others. The market has also been segmented by end-users into healthcare, chemicals, water & wastewater, agriculture, pharmaceuticals, and others.
Regional Analysis of Chelating Agent: Asia-pacific is expected to grow in the Chelating Agent Market with the largest market share, accounting for $XX Million and is expected to grow over $XX Million by 2027. China and India is expected to grow in 2015 to become the largest market for Chelating Agent and expected to grow at CAGR of XX% from $ XX .China will dominate the chelating agent market. North America and Europe is expected to grow at XX% CAGR between 2016 and 2027.
Key Players: The key players that are involved in Chelating Agent Market are The Dow Chemical Company (U.S.), Huntsman Corporation (Germany), BASF SE (Germany), AkzoNobel NA (Netherlands), Kemira OYJ (Tokyo), ADM (U.S.), Sigma-Aldrich Corporation (U.S.), and Lanxess AG (Germany).
Study Objectives of Chelating Agent:
To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Chelating Agent
Provide insights about factors affecting the market growth.
To Analyze the Chelating Agent Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
To provide country level analysis of the market with respect to the current market size and future prospective.
To provide country level analysis of the market for segment by Form, by End-users, and by Application.
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Chelating Agent
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