Global chelating agents market size is expected to reach USD 5.37 billion by 2025. Increasing demand for carwashes, hard surface cleaner, automotive care, dishwashing, heavy duty cleaning, laundry, household cleaning, and agrochemicals is expected to drive the global chelating agents market expansion over the projected period.
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In 2017, the global textile mills market value exceeded USD 700 billion. Increasing adoption in the textile industry to deactivate and remove metal ions during bleaching and scouring of textile fibers to enhance the performance of the dye baths is expected to drive the market. Moreover, according to the World Trade Organization (WTO), the global apparel and textile exports totaled USD 454 billion and USD 296 billion in 2017, which increased by 2.8% and 4.2% from 2016, which in turn is expected to increase chelating agent consumption over the coming years.
Asia Pacific chelating agents market demand stood at 436.3 kilo tons in 2017. Growing demand for household and industrial cleaners in India, China, and Japan is expected to propel market growth over the coming years. Growing population coupled with increasing manufacturing facilities in India and China is expected to increase demand for industrial cleaners over the coming years, which in turn will encourage chelating agent manufacturers to increase production capacity.
Latin America detergent industry accounted for more than USD 15 billion in 2017. Increasing infrastructure development coupled with rising awareness regarding maintaining cleanliness around commercial and residential spaces to avoid threats of infection and diseases is expected to increase consumption of chelating agent in Latin America detergent industry. Latin America accounted for more than 15% of the world pulp production in 2017. However, chelating agent consumption in Latin America was slightly above 5% of the global chelating agents market volume share. This, in turn, is expected to show a positive opportunity for manufacturers to expand their facilities in Latin America to cater to untapped demand.
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BASF SE, Cargill Incorporated, Archer Daniels Midland Company, Nouryon, DowDuPont Inc., Mitsubishi Chemical Corporation, Kemira, Tate & Lyle, Shandong IRO Chelating Chemical Co., Ltd., and Merck KGaA are some of the key manufacturers operating in the global chelating agents market. Growing environmental concerns have forced manufacturers to offer bio-based products in order to stay competitive in the industry. For instance, BASF offers Trilon M, a nontoxic and environmental friendly chelating agent for a wide range of applications in textiles, detergents, soap, oil & gas, metal plating, and water-softening products.
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Key segments of the global chelating agents market
Product Overview, 2015-2025 (Kilo Tons) (USD Million)
- Sodium gluconate
- Aminopolycarboxylate (EDTA/DTPA/HEDTA)
Application Overview, 2015-2025 (Kilo Tons) (USD Million)
- Pulp & Paper
- Household & industrial cleaning
- Water treatment
- Chemical processing
- Consumer products
Regional Overview, 2015-2025 (Kilo Tons) (USD Million)
- North America
- Middle East & Africa
- Latin America
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Some Major Points Form TOC
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Chelating Agents Market Overview, By Product
Chapter 5. Chelating Agents Market Overview, By Application
Chapter 6. Chelating Agents Market Overview, By Region
Chapter 7. Company Profiles
What does the report include?
- The study on the global chelating agents market includes qualitative factors such as drivers, and restraints
- The study covers qualitative and quantitative analysis of the market segmented on the basis of product and application. Moreover, the study provides similar information for the key geographies
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players in the market with a significant global and/or regional presence
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