Global Chelating Agents Market Size to Reach $9.7 Billion at a CAGR of 4.5% by 2030
Vantage Market Research expects the Chelating Agents Market to reach USD 9.7 Billion by 2030, exhibiting a growth rate (CAGR) of 4.5% during 2023-2030.
Coralia.Joe
The Global Chelating Agents Market size reached USD 7.2 Billion in 2022. Vantage Market Research expects the market to reach USD 9.7 Billion by 2030, exhibiting a growth rate (CAGR) of 4.5% during 2023-2030.
Table of Content [TOC]
|
Introduction |
|
|
|
|
Applications of Chelating Agents |
|
|
|
|
|
Conclusion |
Exploring the Growing Role of Chelating Agents in Industrial Applications
In recent years, the use of Chelating Agents in industrial applications has been rapidly increasing. Chelating Agents are organic compounds that can form a stable complex with metal ions. This unique property has made them essential in various industries, including cleaning and detergent, water treatment, agriculture, and pharmaceuticals. The Chelating Agents market is expected to grow significantly in the coming years due to their wide range of applications and benefits.
Request Sample Report of Chelating Agents Market @ https://www.vantagemarketresearch.com/chelating-agents-market-2242/request-sample
Top Companies in Global Chelating Agents Market
- Akzo Nobel N.V. (Netherlands)
- BASF SE (Germany)
- Dow Chemical Company (U.S.)
- Mitsubishi Chemical Corp. (Japan)
- Kemira Oyj (Finland)
- Shandong IRO Chelating Chemical Co. Ltd. (China)
- NIPPON SHOKUBAI Co. Ltd. (Japan)
- Nouryon (Netherlands)
- Ascend Performance Materials (U.S.)
- Hexion Inc. (U.S.)
One of the Chelating Agents' primary applications is cleaning and detergent products. In these industries, Chelating Agents remove and control the buildup of mineral deposits caused by hard water. Hard water contains high concentrations of calcium, magnesium, and iron ions, which can interfere with the effectiveness of cleaning products. By forming a complex with these metal ions, Chelating Agents enhance the cleaning properties and improve the overall performance of detergents. They prevent the formation of insoluble precipitates and keep laundry and dishwashers free from scale and stains. This has increased demand for Chelating Agents in the cleaning and detergent market.
Water treatment is another major application area for Chelating Agents. Water is often used as a cooling or process fluid in industries such as power generation, pulp and paper, and oil and gas. However, the presence of metal ions, such as calcium, magnesium, and iron, can lead to the formation of scale, corrosion, and fouling on the equipment surfaces. Chelating Agents are used to control these problems by sequestering the metal ions and preventing their deposition. By keeping the equipment clean, Chelating Agents help to improve efficiency and prolong the lifespan of the industrial systems. As the demand for clean and sustainable water increases, the use of Chelating Agents in water treatment is expected to grow significantly in the coming years.
The agricultural industry has also recognized the benefits of Chelating Agents in nutrient management. Metal ions such as copper, iron, manganese, and zinc are essential nutrients for plant growth. However, these metals can form insoluble precipitates in the soil, making them unavailable to plants. Chelating Agents can chelate these metal ions and keep them soluble, increasing the bioavailability of nutrients to plants. This leads to improved plant growth, increased crop yield, and better overall health of agricultural systems. With the increasing demand for food production to feed a growing global population, the use of Chelating Agents in agriculture is expected to rise.
Buy Now Our Chelating Agents Industry Report @ https://www.vantagemarketresearch.com/buy-now/chelating-agents-market-2242/0
Furthermore, Chelating Agents have found applications in the pharmaceutical and healthcare industries. Chelation therapy treats heavy metal toxicity in medicine, such as lead or mercury poisoning. Chelating Agents bind to the metal ions and remove them from the body through urine. Additionally, Chelating Agents are used as stabilizers in pharmaceutical formulations to prevent degradation and improve the shelf life of drugs. They also enhance the solubility and bioavailability of poorly soluble drugs, increasing their therapeutic efficacy. The expanding pharmaceutical sector will likely drive the demand for Chelating Agents in the coming years.
Conclusion
In conclusion, the growing role of Chelating Agents in various industrial applications is evident in the market today. Their ability to form stable complexes with metal ions has made them indispensable in cleaning and detergent products, water treatment systems, agriculture, and pharmaceuticals. The benefits of Chelating Agents include improved cleaning performance, reduced scale and corrosion, enhanced nutrient availability, and better drug formulation. As industries strive for efficient and sustainable practices, the demand for Chelating Agents is expected to increase in the foreseeable future.
Read Our Latest Press Release: Women’s Digital Health Market - In-depth Analysis
Contact us
Eric Kunz
6218 Georgia Avenue NW Ste 1 - 564
Washington DC 20011-5125
United States Tel: +1 202 380 9727
Email: [email protected]
Website: Vantage Market Research
