San Francisco, 15
January, Chelating Agents Market Analysis By Product (Sodium Gluconate,
Aminopolycarboxylate, Organphosphonates), By Application (Pulp & Paper,
Household &Industrial Cleaning, Agrochemicals, Water Treatment, Chemical
Processing, Consumer Products, Pharmaceutical) And Segment Forecasts To 2024
The global chelating agents market is expected to reach USD 5.17
billion by 2024, according to a new report by Grand View Research, Inc.
Increasing requirement for chelating agents in cleaners & detergents to
boost the performance of the finished product is expected to drive
growth.
Increasing demand for cleaners & detergents in the
household and industrial applications on account of rising consumer awareness
regarding hygiene and extending the lifespan of equipment by keeping it clean
is expected to bolster demand. Household & industrial cleaning is
anticipated to account for 25.4% of the volume by 2024.
Access Full Research
Report On Chelating
Agents Market Analysis:
www.grandviewresearch.com/industry-analysis/chelating-agents-market
www.grandviewresearch.com/industry-analysis/chelating-agents-market
Further key findings from the report
suggest:
·
Global chelating agents size was 1,026.0
kilo tons in 2015 and is expected to reach 1,348.4 kilo tons by 2024, growing
at a CAGR of 3.1% from 2016 to 2024
·
Agrochemicals are projected to witness
gains at a CAGR of 3.6% from 2016 to 2024, on account of increasing agriculture
practices. Chelating agents are used as pesticides and insecticides to promote
plant growth. Introduction and implementation of Integrated Nutrient Management
(INM) and Integrated Pest Management (IPM)practices to increase crop yield by
governments across the globe is expected to boost market demand.
·
Pharmaceutical is anticipated to be a
potential market for chelating agents over the forecast period on account of
increasing government spending on providing primary healthcare facilities to
its citizens. Pharmaceuticals market is estimated to be valued at USD 114.6
million by 2024.
·
Asia Pacific was the largest market and
accounted for 38.5% of the global revenue in 2015. The region is expected to
witness significant growth over the forecast period on account of growing
demand from the detergent industry in emerging economies such as China and
India. This factor has resulted in increasing production volumes of various
manufacturers of chelating agents.
·
North America was the second largest market
and was worth USD 1.10 billion in 2015. Strict environmental regulations have
influenced manufacturers to shift from conventional chelating agents towards
bio-degradable agents. Europe followed North America and accounted for 21.8% of
the global revenue in 2015.
·
Key market participants include The Dow
Chemical Company, Tate & Lyle, Kemira Oyj, AkzoNobel N.V., Archer Daniel
Midland, Lanxess AG and Cargill Incorporated. In September 2015, ChemPoint EMEA
B.V, a company engaged in sales marketing and distribution of specialty
chemicals announced that it was expanding its marketing and distribution
relationship with The Dow Chemical Company by providing formulation, sales and
order fulfillment support for the company’s VERSENE which is food grade
chelating agent and used in food applications.
Browse More
Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/disinfectants-and-preservatives
Grand View Research has segmented the global chelating
agents market on the basis of product, application and region:
Product Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2013 - 2024)
·
Sodium gluconate
·
Organphosphonates
·
Aminopolycarboxylate
·
Others
Application Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2013 - 2024)
·
Pulp & paper
·
Household & industrial cleaning
·
Agrochemicals
·
Water treatment
·
Chemical processing
·
Consumer products
·
Pharmaceuticals
·
Others
Regional Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2013 - 2024)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Spain
o
Germany
o
France
o
UK
o
Netherlands
o
Rest of Europe
·
Asia Pacific
o
China
o
India
o
Japan
o
Rest of Asia Pacific
·
Latin America
o
Brazil
·
MEA
Access Full Press Release of this Report:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
No comments:
Post a Comment