According to the latest IMARC Group report, entitled “Chelating Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026», Notes that the chelating agent market size reached a value of 5.39 billion US dollars in 2020. Going forward, the market expects moderate growth over the next five years.
Chelating agents, also called ligands and sequestering agents, are organic or inorganic compounds that react with metal ions to form complex ring-shaped structures. These agents are polyacids, polybasic or function as both acids and bases and exist in various forms of salts. Chelating agents help to break down, isolate or displace heavy metal ions; deactivate metal ions to prevent clogging, sealing and precipitation; and limit the availability of the concentration of metal ions. They also transport nutrients in plants and aid digestion processes, both in humans and animals.
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The demand for chelating agents is driven by their use in various applications, such as water treatment, papermaking and the latest dishwasher tablets to prevent or remove hard water and food stains on the dishes. In addition, they are used as precursors in the production of fertilizers that release micronutrients into crops to prevent soil salinization. In addition to this, chelating agents are used as additives in the food industry because the bonding of metal atoms (masking) stabilizes the structure, aroma and color of food and provides an antioxidant and preservative effect. Additionally, advances in chelation technology have contributed to the development of mobilizing agents, which can help minimize industrial waste and reduce the environmental impact of hazardous chemicals. However, research is underway regarding innovations in the synthesis of new biodegradable agents.
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The competitive landscape of the market was also examined, with some of the major players being AkzoNobel NA, Archer Daniels Midland Company, BASF, Kemira Oyj, and Dow Chemical Company.
The report has segmented the market on the basis of type, application, and region.
Market segmentation by type:
1. Aminopolycarboxylic acid (APCA)
2. Sodium gluconate
On the basis of type, the market has been segmented into Aminopolycarboxylic Acid (APCA), Sodium Gluconate, Organophosphonate, and others. Among these, APCA is the most popular type of chelating agent, holding the largest market share.
Market Segmentation By Application:
1. Pulp and paper
2. Domestic and industrial cleaning
3. Water treatment
5. Personal care
Based on application, pulp and paper is the largest application area, dominating the market. The other major application segments are household and industrial cleaning, water treatment, agrochemicals and personal care.
Market segmentation by region:
2. North America
4. Latin America
5. Middle East and Africa
Regionally, Asia-Pacific occupies the leading position in the market. It is followed by North America, Europe, Latin America, the Middle East and Africa.
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