Chelating Agents Market Size (2024 - 2029)

The Chelating Agents Market is projected to experience growth over the forecast period, driven by increasing demand in household cleaning applications and a shift towards green chelating agents across various industries. Despite the environmental concerns associated with non-biodegradable agents potentially hindering expansion, the market has rebounded from pandemic-related setbacks and is expected to continue its upward trajectory. The Asia-Pacific region, particularly countries like China, India, and Japan, leads in consumption, contributing significantly to the market's overall size and share.

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Market Size of Chelating Agents Industry

Chelating Agents Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR (2024 - 2029) 4.00 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Medium

Major Players

Chelating Agents Market Major Players

*Disclaimer: Major Players sorted in no particular order

Chelating Agents Market Analysis

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 Industry Segmentation

Chelating agents, also termed chelators, chelants, or sequestering agents, are chemical compounds that form coordinate covalent bonds with metal ions and result in stable water-soluble complexes. Their ability to bind with metals has led to their multitudinous applications in the form of corrosion inhibitors, cleaning agents in household and industrial applications, bleaching agents in the paper and pulp industry, and additives in the food and beverages sector. They also find applications in wastewater treatment, catalyzing chemical reactions, and treatment of heavy metal poisoning in the pharmaceutical sector.

The chelating agents market is segmented by type, application, and geography. By type, the market is segmented into non-biodegradable and biodegradable chelating agents. By application, the market is segmented into cleaners, pulp and paper, water treatment, agrochemicals, chemicals, food and beverages, pharmaceuticals, personal care, and other applications (photography, textile processing, etc.). The report also covers the market size and forecasts for the chelating agents market in 15 countries across the globe. For each segment, the market sizing and forecasts have been done on the basis of volume (tons).

Type
Non-biodegradable
Biodegradable
Application
Cleaners
Pulp and Paper
Water Treament
Agrochemicals
Chemical
Food and Beverages
Pharmaceuticals
Personal Care
Other Applications (Photography, Textile Processing, Etc.)
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
South Africa
Rest of Middle East and Africa
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Chelating Agents Market Size Summary

The chelating agents market is poised for steady growth, driven by increasing demand in household cleaning applications and the rising popularity of green chelating agents across various industries. Chelating agents play a crucial role in cleaning formulations by preventing mineral interference from hard water, enhancing product shelf life, and offering benefits such as antimicrobial effects and metal staining prevention. The market, which experienced a downturn due to the COVID-19 pandemic, has rebounded to pre-pandemic levels and is expected to continue expanding. However, environmental concerns regarding non-biodegradable chelating agents may pose challenges to market growth. The Asia-Pacific region, particularly countries like China, India, and Japan, dominates the market due to its burgeoning paper and pulp sector, industrialization, and increasing demand for both household and industrial detergents.

The Asia-Pacific region is anticipated to maintain its position as the largest market for chelating agents, supported by the growth of the paper and pulp industry, wastewater treatment, and various other sectors such as agrochemicals and pharmaceuticals. The region's rapid industrialization and the rise of e-commerce have bolstered the demand for paper-based packaging, further driving the need for chelating agents. Additionally, the tightening environmental regulations and the growing emphasis on high-quality water in wastewater treatment are contributing to market expansion. Key players in the market, including Dow, BASF SE, Nouryon, Kemira, and Mitsubishi Chemical Group Corporation, are actively engaging in strategic acquisitions and investments to enhance their market presence and meet the increasing demand for eco-friendly solutions.

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Chelating Agents Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Use of Cleaners in Households

      2. 1.1.2 Escalating Chelating Agents Consumption in the Pulp and Paper Industry

      3. 1.1.3 Growing Demand in Water Treatment Applications

    2. 1.2 Restraints

      1. 1.2.1 Environmental Risks Associated With Non-Biodegradable Chelating Agents

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Volume)

    1. 2.1 Type

      1. 2.1.1 Non-biodegradable

      2. 2.1.2 Biodegradable

    2. 2.2 Application

      1. 2.2.1 Cleaners

      2. 2.2.2 Pulp and Paper

      3. 2.2.3 Water Treament

      4. 2.2.4 Agrochemicals

      5. 2.2.5 Chemical

      6. 2.2.6 Food and Beverages

      7. 2.2.7 Pharmaceuticals

      8. 2.2.8 Personal Care

      9. 2.2.9 Other Applications (Photography, Textile Processing, Etc.)

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 Italy

        4. 2.3.3.4 France

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle East and Africa

Chelating Agents Market Size FAQs

The Chelating Agents Market size is expected to reach 567.59 thousand tons in 2024 and grow at a CAGR of greater than 4% to reach 719.59 thousand tons by 2029.

In 2024, the Chelating Agents Market size is expected to reach 567.59 thousand tons.

Chelating Agent Market Report Snapshots

Chelating Agents Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)