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Chelating Agents Market Size to Depict the High Demand from Rising Water Treatment Industry Over 2019 – 2024

Author : Ronak Bora | Published Date : 2019-08-05 

Rising water treatment industry will also be a driving factor for the chelating agents market due to its applicability as a water treatment chemical. Increasing worldwide population, rapid industrialization and depleting clean water reserves has led to a rise in the demand for water treatment plants. Countries witnessing heightened industrial growth like China and India will likely be major markets for water treatment sector due to stringent norms regarding industrial water discharge. This will augment the global chelating agents market during the forecast period.

Environmental and health hazards linked with petrochemical based chelating agents like EDTA and HEDP may pose a challenge to the overall chelating agents market. These products are non-biodegradable and may cause adverse effects on human and animal health and are strictly regulated by various organizations like REACH, EPA, etc. However, development of biodegradable and natural products may prove to be an important opportunity for market participants in future.

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Global chelating agents market is categorized as Aminopolycarboxylic acid (APCA), sodium gluconate, organophosphates, and other products. APCA is estimated to occupy more than 35% share of total market and this segment is poised to grow with 3.5% CAGR till 2024. Sodium gluconate segment is anticipated to grow with 3.8% CAGR and to occupy more than 35% of global chelating agents market by 2024. Organophosphate segment will likely generate revenues amounting above USD 850 million by the end of the study period.

Considering the geographical trends, Asia Pacific chelating agents industry, which contributed over 40% of the global chelating agents market share in 2015, is projected to grow at an annual rate of 4% over the coming seven years. The expansion can be credited to the large-scale presence of agrochemical and pulp & paper manufacturing firms across the countries such as Japan, China, Thailand, India, Indonesia, Philippines, and Malaysia. Rising health & hygiene consciousness among the growing population of India and China will enhance the product demand for household detergents & cleaners and industrial waste water treatment, thereby positively influencing the industry trends in the region.

Chelating agents market size in Europe, evaluated at over USD 850 million in 2015, is projected to grow at a rate of 3% over the coming timeframe, subject to rise in the number of paper & pulp manufacturing firms. An increase in the number of industrial activities across East Europe will further boost the regional revenue.

There are many medium and large scale companies operating in the global chelating agents market. These include akzonobel, Sigma-Aldrich, BASF SE, EMD Millipore, Mitsubishi Rayon, Midland (ADM) Company, Archer Daniels, Lanxess, Kemira Oyj, Tate & Lyle, The Dow Chemical Company, Dabeer, Cargill Inc, Shandong IRO Chelating Chemical, Nagase chemtex, and AVA Chemicals.

Browse key industry insights spread across 130 pages with 152 market data tables & 14 figures & charts from the report, “Chelating Agents Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/chelating-agents-market

Glimpse of Table of Content (ToC)

Chapter 3.    Chelating Agents Market Insights

3.1.    Chelating Agents Market segmentation

3.2.    Chelating Agents Market size and forecast, 2013 - 2024

3.3.    Chelating Agents Market ecosystem analysis

3.3.1.    Vendor matrix

3.3.2.    Distributor channel analysis

3.4.    Industry impact forces

3.4.1.    Growth drivers

3.4.1.1.    Rising paper & pulp industry

3.4.1.2.    Increasing demand for detergents and cleaners

3.4.1.3.    Growing water treatment industry

3.4.2.    Industry pitfalls & challenges

3.4.2.1.    Environmental impacts of non-biodegradable chelating agents

3.5.    Growth potential analysis

3.6.    Regulatory trends

3.6.1.    U.S.

3.6.2.    Europe

3.6.3.    China

3.7.    Porter’s analysis

3.8.    Key competitor analysis, 2015

3.8.1.    Strategic landscape

3.9.    PESTEL analysis

3.10.    Regional price trends

3.10.1.    Cost structure analysis

3.10.2.    Raw material trends

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/chelating-agents-market

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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