Chelating agents are organic molecules, which have the ability to make more than one bond to a metal ion, thereby augmenting the stability of the ion complex. They are used in numerous technical and industrial applications such as pulp & paper, chemical processing and consumer products among others. Certain chelating agents such as APCAs’, sodium gluconates and organophosphonates are widely used in various household, industrial and water treatment applications. Key growth factors such as augmenting demand for chelating agents from cleaning & detergent industries and pulp & paper industry and the subsequent growth of these industries is expected drive the chelating agents market over the next few years. In addition, growing demand for clean and fresh water on account of stringent government policies is also expected to boost the demand for chelating agents in water treatment chemicals sector.
Increasing concerns due to environmental hazards caused by the exposure of non-biodegradable chelating agents such as EDTA is expected to hamper the growth of the market. This in turn is opening new opportunities for companies across the globe to increase production of biodegradable chelating agents as they represent a safer alternative in comparison to the widely used non-biodegradable organic compounds. Chelating agents such as gluconates are experiencing significant growth in demand owing to its biodegradability.
APCA were the majorly consumed chelating agents in the industry in 2012 and accounted for over 39% of the market share. APCAs’ such as EDTA, DTPA and NTA are used in a wide range of applications such as water treatment, pulp & paper, agriculture, and household & industrial cleaning among others. Owing to its anthropogenic characteristic, EDTA has been significantly consumed within the industrial & household applications. However, on account of rising preference towards safer and better performing chelating agents, demand for organophosphonates and sodium gluconates has been on the rise, and is expected to follow a similar trend over the next few years.
Demand for chelating agents was the highest from pulp & paper industry and the market was valued at USD 1,218.9 million in 2012. The industry has been witnessing exponential growth which in turn is driving the market, where chelating agents are extensively used in reducing costs and enhancing product quality in pulp & paper operations. Household & industrial cleaning was the second application segment of the market where chelating agents such as APCAs’ and gluconates were significantly consumed as detergents and cleaning products. In addition, these products have been used as alternatives to phosphates in detergent formulation. However, the agrochemicals segment is expected to witness the fastest growth with bio-chemicals becoming increasingly popular as pro-environmental solutions.
The market for chelating agents has been mature in emerging regions such as Asia Pacific owing to its increasing consumption in various industries such as textile and pulp & paper industry present in China and India. Market growth is anticipated to be driven by Asia-Pacific over the next few years due to increasing application scope of chelating agents in various industries and the subsequent growth of these industries. Other regions such as RoW are also expected to witness noticeable growth at a CAGR of 3.4%, between 2013 and 2019, where demand for chelating agents has been on the rise majorly due to growing institutional and industrial (I&I) cleaning applications, followed by the construction industry.
AkzoNobel N.V, Archers Daniels Midland Company (ADM), BASF SE, EMD Millipore, Kemira Oyj, Sigma-Aldrich Corporation, and Tate & Lyle PLC are some of the key players present in the chelating agents industry.
Chelating agents are high performance chemical substances which are used to prevent the deleterious effects of metal ions for household and industrial applications. Certain chelating agents such as APCA, gluconates and organophosphonates are used for direct treatment of metal poisoning as they bind the toxic metal ions more strongly than the vulnerable components of the living organisms.
The report on chelating agents provides a detailed analysis and forecast of the market on a global as well as regional level for a time period ranging between 2013 and 2019. On a global level, the market has been segmented on the basis of volume (kilo tons) and revenue (USD million) for a period of time ranging from 2013 to 2019. For an in-depth understanding of the market on the regional level, the demand has been forecasted based on volume (kilo tons) and revenue (USD million). The report includes drivers and restraints and their impact on the growth of the market within the forecast period. Furthermore, the report covers opportunities available for the growth of the market within the forecast period, on a global as well as regional level.
For research, we have conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders. Primary research represents the bulk of the research effort coupled with an extensive secondary research. We reviewed the key players’ annual reports, product portfolio, press releases and relevant documents for competitive analysis and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trades, internet sources, trade associations, statistical data from government websites and associated authorized agency websites. This has proved to be the most successful, effective and reliable approach for obtaining concise data, capturing industry participants’ insights and recognizing opportunities and growth.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings. It also includes internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases and market reports. News articles, press releases and web-casts specific to the companies operating in the market also serve as a part of secondary sources.
We conduct primary interviews on an on-going basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills various functions. First-hand information is obtained on the market size, market trends, growth trends, competitive landscape, future outlook, etc. It also helps in validating and strengthening the secondary research findings, and further develops the analysis team’s expertise and market understanding. The primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies
For a detailed understanding of the market, we have given a thorough analysis of the value chain. In addition, we have covered the Porter’s five forces model, which provides a detailed understanding of the intensity of competition present in the market. Furthermore, the study includes a market attractiveness analysis, where the products are benchmarked based on market size, growth rate and general attractiveness.
The market has been segmented based on products and applications. The segments have been analyzed and forecast based on volume (kilo tons) and revenue (USD million) from 2013 to 2019. Additionally, the segments have been analyzed and forecast based on current trends at a global as well as regional level, for the given time period. Geographically, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW), and the demand has been analyzed and forecast based on current trends for a period of six years.
Profiles of certain leading companies have been covered in this report along with a detailed analysis of their market share. The study profiles companies such as AkzoNobel N.V., Archers Daniels Midland Company, BASF SE, Cargill Incorporated, Dow Chemical Company, Lanxess AG, Sigma-Aldrich Corporation among others. The market has been segmented as below:
Chelating Agents Market: Product Segment Analysis
- Sodium gluconate
- Others (Glucoheptonates, citric acid, etc.)
Chelating Agents Market: Application Analysis
- Pulp & paper
- Household & industrial cleaning
- Water treatment
- Chemical processing
- Consumer products
- Others (Polymerization, metal working, nuclear, etc.)
Chelating Agents Market: Regional Analysis
- North America
- Rest of the World (RoW)