{"id":75130,"date":"2020-10-01T16:10:00","date_gmt":"2020-10-01T16:10:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2737015"},"modified":"2020-10-01T16:10:00","modified_gmt":"2020-10-01T16:10:00","slug":"global-chelating-agents-market-is-set-for-a-rapid-growth-and-is-expected-to-reach-usd-6-31-billion-by-2021","status":"publish","type":"post","link":"http:\/\/ipsnews.net\/business\/2020\/10\/01\/global-chelating-agents-market-is-set-for-a-rapid-growth-and-is-expected-to-reach-usd-6-31-billion-by-2021\/","title":{"rendered":"Global Chelating Agents Market Is Set for a Rapid Growth and is Expected to Reach USD 6.31 Billion by 2021"},"content":{"rendered":"

With the presence of a large pool of participants, the global market for chelating agents is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). BASF SE, Dow Chemical Company,Cargill Incorporated, Sigma-Aldrich Corporation, Lanxess AG, and Archers Daniels Midland Company are some of the key vendors of chelating agents across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states theGlobal chelating agents market<\/a><\/strong>study. In a new development witnessed across the market, BASF is reinforcing its value chain activities for chelating agents in Germany by investing millions of dollars for setting up production plant, thereby further expanding the product portfolio.<\/p>\n

Get Free Sample Of Report –<\/strong>https:\/\/www.zionmarketresearch.com\/sample\/chelating-agents-market<\/a><\/p>\n

As estimated in this report, the global chelating agents market stood at US$ 4.80 billion in 2015. Witnessing a tremendous rise during the period from 2015 to 2021, the revenue in this market is expected to reach US$ 6.31 by the end of the forecast period. The main products available in this market are Sodium gluconate, Organophosphonate, and Aminopolycarboxylate (APCA).<\/p>\n

Extensive Product Use Across Paper & Pulp Sector To Impel Market Growth<\/strong><\/p>\n

“Rampant use of graphic & tissue papers and escalating demand for water treatment chemicals to augment the growth of chelating agents market over the years to come.” says the author of this study. Apart from this, the evolution of cleaning & detergent sector and easy accessibility of biodegradable amino polycarboxylate products will have noticeable impact on the chelating agents market growth.<\/p>\n

The growing environmental concerns, owing to the extensive use of non-biodegradable chelating agents, however, can hinder the chelating agents market expansion over the coming years. Nevertheless, focus on manufacturing biodegradable chelating agents is anticipated to create lucrative opportunities for chelating agents market over the next few years, normalizing the impact of hindrances on the chelating agents market, reports the study.<\/p>\n

High Demand From Cleaning & Detergent Sector To Augment North America’s Dominance<\/strong><\/p>\n

Regionally, Asia Pacific has been leading the worldwide chelating agents market and is anticipated to continue on the dominant position in the years to come, states the market study. Escalating demand from cleaning & detergent sector as well as pulp & paper industry are the key factors behind the dominance of the Asia Pacific chelating agents market. The high number of market players being headquartered in APAC is another significant factor that is supporting this regional market. For the record, APAC contributed more than 38% towards overall chelating agents market share in 2015.<\/p>\n

The global Chelating Agents Market is segmented as follows:<\/p>\n

By Product<\/strong><\/p>\n