Chelating Agent Market Projected to Grown 3.6% Annually to 2019

MarketsandMarkets, Dallas, Texas, USA, has published a new report titled Chelating Agent Market - Global Trend & Forecast to 2019. The report defines and segments the chelating agents market with an analysis and projection of the market size in terms of value and volume.

 

According to the report, the chelating agent market is projected to grow at a CAGR of 3.6% from 2014 to 2019. In 2013, the Asia-Pacific region was the largest chelating agents market with more than 40% of the share, wherein China dominated this market. The key market players are AkzoNobel N.V. (The Netherlands), BASF SE (Germany), The Dow Chemical Co. (U.S.), Archer Daniels Midland Co. (U.S.), and Cargill Inc. (U.S.). Other prominent companies in the market include Lanxess AG (Germany), EMD Millipore (U.S.), Kemira Oyj (Finland), Mitsubishi Rayon Co. (Japan), and Tate & Lyle PLC (U.K.). These players opt for agreements, expansions, and investments to expand their presence and maintain their position in the market.

 

Global industrialization has been the major cause of development for industries that support the growth of chelating agents. Research activities leading to the development of new products and technology sustain industrial expansion. Strong demand for chelating agents from pulp and paper, agrochemical, and cleansers is responsible for the growth of this industry during the past few years. Current market trends are witnessing an upsurge in the demand for biodegradable chelating agents, thereby displaying a brighter opportunity for a profitable and yet environment-friendly option. 

 

This report also identifies the driving and restraining factors of the chelating agents market with analyses of trends, opportunities, burning issues, challenges, and restraints. The market is segmented and its size is estimated and projected on the basis of key geographical regions, such as North America, Europe, Asia-Pacific, and Rest of the World (ROW).