Chelating Agents - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029
Market Report I 2024-02-17 I 120 Pages I Mordor Intelligence
The Chelating Agents Market size is estimated at 567.59 Thousand tons in 2024, and is expected to reach 719.59 Thousand tons by 2029, growing at a CAGR of greater than 4% during the forecast period (2024-2029).
The market was negatively impacted by the COVID-19 pandemic in 2020. Due to the COVID-19 outbreak in the first half of 2020, the pulp and paper industry experienced a substantial clog in its growth rate. This, in turn, unfavorably impacted the consumption of chelating agents. Currently, the market has recovered from the pandemic. The market reached pre-pandemic levels in 2022 and is expected to grow steadily in the future.
Increasing demand for chelating agents from household cleaning applications is expected to fuel market growth.
On the flip side, the adverse effects of non-biodegradable chelating agents on the environment are anticipated to restrain the growth of the market over the forecast period.
Further, the growing demand for green chelating agents in several end-user industries is likely to create lucrative growth opportunities for the global market in the future.
The Asia-Pacific region dominated the market around the world, with countries like China, India, and Japan being the biggest consumers.
Chelating Agents Market Trends
Increasing Consumption of Chelating Agents in Cleaning Applications
- Chelating agents are used majorly in cleaning applications. A variety of cleaning formulations are derived using chelating agents owing to their vital role in preventing interference in the cleaning process from the minerals present in hard water.
- Apart from cleaning, the chelating agents demonstrate many other advantages, such as improving the shelf life of the products being cleaned, maintaining color, imparting antimicrobial effects, preventing allergies from nickel or chromium, etc.
- When used in soaps and detergents, the chelating agents facilitate the prevention of metal staining as well as the premature decomposition of bleaching agents. On the other hand, the chelating agents used in making industrial cleaning solutions aid in scale and rust removal by loosening, breaking up, and dissolving insoluble salt deposits on the equipment's surface.
- The growing consciousness for hygiene maintenance in personal and surrounding spaces has stimulated many global detergent manufacturing companies to tap into the surging demand for domestic cleaning formulations.
- For instance, In May 2022, Proctor & Gamble (P&G), the manufacturer of brands like Aerial and Tide, invested INR 2 billion (~ USD 26.52 million) in the construction of a liquid detergent manufacturing plant in Hyderabad.
- According to the Bureau of Labor Statistics, the average annual expenditures for soaps and detergents in the United States amounted to roughly USD 85.37 per consumer unit in 2022, reflecting an increase of 6% compared to the previous year.
- Therefore, considering the factors mentioned above, the demand for chelating agents is expected to rise in the cleaners application segment significantly in the near future.
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region is expected to account for the largest market for chelating agents market during the forecast period owing to the expanding paper and pulp sector, cleaners, wastewater treatment, agrochemicals, and pharmaceutical industry applications etc. in major countries such as China, India, Japan, etc.
- The Asia-Pacific is witnessing the fastest growth in the demand for both household and industrial detergents. The fast-paced industrialization has made way for the penetration of convenient and easy-to-apply cleaners in these countries.
- Chelating agents find wide usage in the bleaching of pulp and paper, an industry whose growth is being propelled by the rise in e-commerce activities. The paper-based flexible packaging solutions have emerged as durable and environment-friendly alternatives to conventionally used plastic packaging. The popularity of paper-based packaging has fortified the demand fundamentals for chelating agents in the pulp and paper industry.
- China, the world's largest paper manufacturing country, according to the data published by the China Paper Association, the total output of the pulp, paper, and paper products industry reached 283.91 million tons in 2022. This is a slight increase of 1.32 percent from 2021, thus positively impacting the studied market.
- In addition, the wastewater treatment in the Asia-Pacific region has rapid increase with tightening environmental regulations and a growing preference for high-quality and safe water in day-to-day life. Rapidly growing food and beverage, pharmaceutical, chemical, and personal care sectors in China, India, and Japan, with growing population size and strengthening consumer spending power, are spiraling the demand for chelating agents, which will further enhance the growth of the market studied.
- In June 2022, an environmental protection company that focuses on water environment management, named China Everbright Water, secured the expansion and upgrading project of the Zhangdian East Chemical Industry Park Industrial Wastewater Treatment in Zibo City, Shandong Province. This project will be operated on a BOT (Build-Operate-Transfer) model, with a designed daily industrial wastewater treatment capacity of around 5,000 m3.
- All the factors mentioned above are likely to fuel the growth of the Asia-Pacific chelating agents market over the forecast period.
Chelating Agents Industry Overview
The chelating agents market is partially consolidated in nature. The major players (not in any particular order) include Dow, BASF SE, Nouryon, Kemira, and Mitsubishi Chemical Group Corporation, among others.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Use of Cleaners in Households
4.1.2 Escalating Chelating Agents Consumption in the Pulp and Paper Industry
4.1.3 Growing Demand in Water Treatment Applications
4.2 Restraints
4.2.1 Environmental Risks Associated With Non-Biodegradable Chelating Agents
4.2.2 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION (Market Size in Volume)
5.1 Type
5.1.1 Non-biodegradable
5.1.2 Biodegradable
5.2 Application
5.2.1 Cleaners
5.2.2 Pulp and Paper
5.2.3 Water Treament
5.2.4 Agrochemicals
5.2.5 Chemical
5.2.6 Food and Beverages
5.2.7 Pharmaceuticals
5.2.8 Personal Care
5.2.9 Other Applications (Photography, Textile Processing, Etc.)
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)**/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 ADM
6.4.2 Ascend Performance Materials
6.4.3 Ava Chemicals Pvt. Ltd.
6.4.4 BASF SE
6.4.5 Bozzetto Group
6.4.6 Chemtex Specialty Limited
6.4.7 Dow
6.4.8 Hexion
6.4.9 Kemira
6.4.10 Lanxess
6.4.11 Macrocyclics
6.4.12 Merck KGaA
6.4.13 Mitsubishi Chemical Holdings Corporation
6.4.14 Nagase & Co., Ltd.
6.4.15 Nippon Shokubai Co., Ltd.
6.4.16 Nouryon
6.4.17 Shandong IRO Chelating Chemical Co. Ltd.
6.4.18 Tate & Lyle PLC
6.4.19 Tosoh Corporation
6.4.20 Zhonglan Industry Co., Ltd.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Growing Awareness and Demand for Green Chelating Agents
7.2 Expanding Pharmaceutical Industry
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.