The Chelating Agents Market is segmented by Type (APCA, Sodium gluconate, Organophosphonate, and Others), Application (Pulp and Paper, Houshold and industrial cleaning, Agrochemicals, Water treatment, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 1636.9 million, at a CAGR of 4.33% during the forecast period. There are several companies that are contributing to the market as per this report. Increasing focus on biodegradable chelating agents .
In the realm of industrial and household applications, aminopolycarboxylic acids (APCAs), specifically ethylenediaminetetraacetate (EDTA) and nitrilotriacetate (NTA), play a pivotal role in controlling metal ion solubility and precipitation. These chelating agents, including 1, 2-cyclohexylenedinitrilotetraacetic acid (CDTA), diethylene triamine pentaacetic acid (DTPA), EDTA, and NTA, are widely employed due to their superior chelating properties. They are instrumental in removing metals from contaminated water sources. Furthermore, APCAs and their metal chelates exhibit significant potential in industrial processes, as well as in producing agents for radiotherapy, diagnostic imaging, and heavy metal detoxification.
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The Chelating Agents Market is experiencing significant growth due to the increasing demand for water treatment and industrial applications. These agents effectively bind with metal ions, preventing corrosion and scale formation. Key players in this market include BASF SE, Dow Inc., and Lanxess AG, who are investing in research and development to expand their product portfolios and enhance their market presence. The market is expected to continue its upward trajectory, driven by the rising need for efficient and sustainable water treatment solutions.
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Chelating agents are specialized compounds used to bind and remove heavy metal ions and other unwanted substances from various systems. Two common chelating agents are Formaldehyde and Ethylenediamine. In the industrial sector, they are used as raw materials in reservoirs, chelation therapy in healthcare settings for chronic diseases, and in waste management and industrial processes to remove heavy metals from wastewater. In agriculture, chelating agents are used in agrochemicals to enhance nutrient availability and in pulp and paper production to improve the quality of the final product. In water treatment, they are essential for removing metal ions and improving potable water quality. Market participants include major chemical companies, specialty chemical manufacturers, and suppliers. The chelating agents market spans various industries, including healthcare, food and beverages, minerals, commercial spaces, homes, and workplaces. Applications include hygiene products such as shampoos, soaps, detergents, surface cleaners, and cleaning products. The global chelating agents market is expected to grow significantly due to increasing demand for water treatment, food and beverage processing, and the need for heavy metal removal in various industries. The market is also driven by stringent regulations for water quality and the growing awareness of the health risks associated with heavy metal exposure.
The global specialty chemicals market encompasses businesses specializing in high-value-add chemicals, contributing to the production of a diverse range of products such as fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio's market analysis, the market size is determined by the consolidated revenue of these businesses. Factors propelling the expansion of the specialty chemicals market include the increasing preference for specialty adhesives and sealants, which cater to the growing demand for superior bonding solutions across various industries. - The Chelating Agents Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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