Chelating Agent Market by Type, Product Type, Application

List of Tables

[191 Pages Report] The Chelating Agent Market size was estimated at USD 7.21 billion in 2023 and expected to reach USD 7.59 billion in 2024, at a CAGR 5.44% to reach USD 10.45 billion by 2030.

A chelating agent stabilizes the metal ion by coordinating with it through several donor atoms, which effectively 'envelops' the ion. This process, known as chelation, from the Greek word "chele," meaning claw, is significant in a variety of applications ranging from industrial water treatment to pharmaceuticals and medicine. Chelating agents are used to bind with metal ions, thereby inhibiting the ions from participating in chemical reactions that can lead to undesirable outcomes such as scaling, precipitation, or toxicity in biological systems. The primary drivers of the chelating agent market include an increase in demand from the pulp and paper industry, which uses chelating agents to improve the quality and performance of paper products. The growth in the cleaning and detergent sector, where chelating agents are integral for the removal of metal ions, is also propelling the market forward. Moreover, the expanding agricultural and pharmaceutical sectors are contributing to market growth as chelating agents are used to enhance the effectiveness of fertilizers and preserve medications. Despite the positive growth avenues, environmental concerns associated with the non-biodegradability of synthetic chelating agents, such as EDTA, which have adverse ecological impacts present significant challenges for market growth. However, innovations aimed at developing biodegradable and environmentally friendly chelating agents to meet regulatory standards and consumer preferences present lucrative opportunities for market expansion.

KEY MARKET STATISTICS
Base Year [2023]	USD 7.21 billion
Estimated Year [2024]	USD 7.59 billion
Forecast Year [2030]	USD 10.45 billion
CAGR (%)	5.44%

Type: Growing adoption of phosphonates to provide a balance between performance and stability under harsh conditions

Aminopolycarboxylates represent a class of chelating agents that include compounds including EDTA (ethylene diamine tetra-acetic acid), NTA (nitrilotriacetic acid), and DTPA (diethylenetriaminepentaacetic acid). These are among the most common synthetic chelating agents used owing to their strong bond-forming ability with metal ions, which makes them effective in a range of applications, including water treatment, detergents, and pulp & paper industries. Phosphonates, such as ATMP (aminotris(methylenephosphonic acid)) and HEDP (hydroxyethylidene diphosphonic acid), are chelating agents known for their excellent scale inhibition and corrosion protection properties. They are preferred in water treatment processes and applications requiring thermal stability, such as in cooling and boiler water treatment and in industrial and household cleaning markets. Polycarboxylates are a newer category of chelating agents derived from carboxylic acid polymers. They are gaining popularity due to their excellent environmental profile and performance in diverse applications such as water treatment, detergents, and concrete additives. Polycarboxylates are often preferred for their biodegradability and lower ecological impact compared to traditional phosphates.

Product Type: Growing R&D on development of biodegradable chelating agents

Biodegradable chelating agents are gaining traction as they offer a reduced environmental footprint, aligning well with increasing environmental protection regulations and sustainability goals. These agents break down into non-toxic components and are becoming increasingly favored in applications where environmental conservation is a priority. Non-biodegradable chelating agents, such as EDTA and NTA, are known for their strong metal ion binding capabilities. Despite their environmental concerns, they are still widely used owing to their effectiveness and low cost in a variety of industrial applications.

Application: Significant applications of chelating agents in water treatment plants

In the agriculture sector, chelating agents are primarily used to improve nutrient availability to plants. They are often included in fertilizers to chelate essential micro-nutrients such as iron, copper, and zinc, enhancing their absorption by plants. Chelating agents such as EDTA and EDDHA are preferred for their strong binding capacities, which prevent precipitation of these micronutrients and maintain soil health. Chelating agents in cosmetics and personal care products bind to metal ions, preventing them from affecting product performance and stability. They are necessary additives in formulations to maintain clarity, prevent rancidity, and maintain the efficacy of preservatives. Chelating agents in the food and beverage industry are utilized to preserve the quality and stability of products. They protect against spoilage and discoloration that can be caused by metal ions. Chelating agents in pharmaceuticals and healthcare are used for a variety of applications, including in the development of contrast agents for imaging, as additives in dialysis, and in chelation therapy to remove heavy metals from the body. They play critical roles in ensuring product efficacy and patient safety. Chelating agents are used extensively in water treatment to bind metal ions that can cause hardness and scale formation. They facilitate the removal of heavy metals from wastewater and are part of the treatment processes to produce clean, potable water.

Regional Insights

In the Americas, the chelating agents market is performing robustly, driven by industries such as pulp & paper, water treatment, and agriculture. The United States contributes significantly to the market growth owing to its advanced industrial sector and significant investments in research and development. Additionally, environmental regulations regarding water conservation and treatment in North America are spurring the demand for effective chelating agents. The EMEA region shows a diverse market landscape for chelating agents. Europe, being a mature market, exhibits steady growth with high demand from the cleaning and detergent sectors. The region's stringent environmental policies favor the development and usage of biodegradable chelating agents. In contrast, the Middle East and Africa are witnessing a growing market, albeit from a smaller base, due to increasing industrialization and awareness about the benefits of chelating agents. APAC is emerging as a high-growth market for chelating agents. The region is experiencing an expanding industrial base, particularly in countries such as China, India, and Japan. The growth in industries, including textiles, paper, and personal care, is propelling the demand for chelating agents. Additionally, with growing environmental concerns and regulatory standards in these regions, there is a growing emphasis on the adoption of environmentally friendly chelating agents.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Chelating Agent Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Chelating Agent Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Chelating Agent Market, highlighting leading vendors and their innovative profiles. These include AkzoNobel N.V., Aquapharm Chemicals Private Limited by Philips Carbon Black Limited, Archer-Daniels-Midland Company, Ascend Performance Materials LLC, AVA Chemicals Private Limited, BASF SE, Biosynth International, Inc., Bozzetto Group, Chemtex Specialty Limited, Hexion Inc., Innospec Inc., Kemira OYJ, Lanxess AG, Macrocyclics by Orano SA, Merck KGaA, Mitsubishi Chemical Corporation, Nagase & Co., Ltd., Nippon Shokubai Co., Ltd., Nouryon Chemicals Holding B.V., Organic Dyes and Pigments LLC, Prakash Chemicals International Private Limited, The Dow Chemical Company, Thermo Fisher Scientific, Inc., Tosoh Corporation, and Zhonglan Industry Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Chelating Agent Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Aminopolycarboxylates
- Phosphonates
- Polycarboxylates

Product Type
- Biodegradable
- Non-biodegradable

Application
- Agriculture
- Cosmetics & Personal Care Products
- Food & Beverage
- Pharmaceuticals & Healthcare
- Water Treatment

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Chelating Agent Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Chelating Agent Market?

3. What are the technology trends and regulatory frameworks in the Chelating Agent Market?

4. What is the market share of the leading vendors in the Chelating Agent Market?

5. Which modes and strategic moves are suitable for entering the Chelating Agent Market?

Product Code: MRR-035DA3C63745

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising demand for agricultural applications
  - 5.1.1.2. Increasing investment in water treatment facilities
- 5.1.2. Restraints
  - 5.1.2.1. High cost of chelating agent
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing technological advancements in chelating agent manufacturing
  - 5.1.3.2. Growing research and development for biodegradable and eco-friendly chelating agents
- 5.1.4. Challenges
  - 5.1.4.1. Environmental issues associated with chelating agents
5.2. Market Segmentation Analysis
- 5.2.1. Type: Growing adoption of phosphonates to provide a balance between performance and stability under harsh conditions
- 5.2.2. Product Type: Growing R&D on development of biodegradable chelating agents
- 5.2.3. Application: Significant applications of chelating agents in water treatment plants
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Chelating Agent Market, by Type

6.1. Introduction
6.2. Aminopolycarboxylates
6.3. Phosphonates
6.4. Polycarboxylates

7. Chelating Agent Market, by Product Type

7.1. Introduction
7.2. Biodegradable
7.3. Non-biodegradable

8. Chelating Agent Market, by Application

8.1. Introduction
8.2. Agriculture
8.3. Cosmetics & Personal Care Products
8.4. Food & Beverage
8.5. Pharmaceuticals & Healthcare
8.6. Water Treatment

9. Americas Chelating Agent Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Chelating Agent Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Chelating Agent Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. PCBL to acquire Aquapharm Chemicals for Rs 3,800 crore
- 12.3.2. Nouryon introduces Berol Nexxt surfactant and Dissolvine GL Premium chelating agent
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio