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Chelating Agents Market Size 2024 | Industry Share, Growth, Trends And Forecast 2032
The latest report by IMARC Group, titled "๐๐ก๐๐ฅ๐๐ญ๐ข๐ง๐ ๐๐ ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐", The global chelating agents market size reached US$ 6.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.Chelating agents are compounds adept at forming intricate structures called chelates with metal ions, pivotal across diverse sectors like agriculture, water treatment, and healthcare. Originating from the Greek "chele" for claw, the term encapsulates their binding mechanism akin to a claw grasping an object. These agents primarily function to manage and counteract the detrimental impacts of metal ions, such as corrosion, scale formation, and material degradation. In agriculture, they facilitate nutrient uptake by plants by sequestering metal ions in the soil, rendering them available to crops. Moreover, chelating agents feature prominently in detergent and cleaning product formulations, bolstering the removal of metal-based stains and hard water deposits, thereby enhancing efficacy.
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐๐๐ง ๐ซ๐๐๐๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/chelating-agents-market/requestsample
Chelating Agents Market Trends and Drivers:
The chelating agents market experiences significant momentum propelled by the expansion of industrial sectors, particularly in emerging economies. Key industries such as chemicals, pharmaceuticals, and food and beverage rely heavily on these agents for diverse purposes, including metal ion control and enhancing product quality. Moreover, heightened awareness regarding environmental concerns, like water pollution and soil contamination, drives an increased demand for chelating agents. These compounds play a pivotal role in water treatment, aiding in the removal of heavy metals and mitigating environmental harm. Furthermore, modern agricultural practices are increasingly adopting chelating agents to improve nutrient availability in soils, thus optimizing crop yields and enhancing nutrient uptake. The cleaning and detergent industry also heavily depends on chelating agents to enhance cleaning product performance, particularly in regions with hard water. As urbanization persists, the demand for cleaning products rises, further stimulating the chelating agents market. Concurrently, ongoing research and development endeavors have led to the introduction of more efficient and environmentally friendly chelating agents, attracting industries seeking sustainable solutions and fostering additional market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
โข Aminopolycarboxylic Acid (APCA)
โข Sodium Gluconate
โข Organophosphonate
โข Others
Breakup by Application:
โข Pulp and Paper
โข Household and Industrial Cleaning
โข Water Treatment
โข Agrochemicals
โข Personal Care
โข Others
Market Breakup by Region:
โข North America (United States, Canada)
โข Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa
Competitive Landscape with Key Player:
โข Akzo Nobel NV
โข Archer Daniels Midland Company
โข BASF SE
โข Kemira Oyj
โข The DOW Chemical Company
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Contact Us:
IMARC Group
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Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 |United Kingdom: +44-753-713-2163
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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