Chelants Market Exploration US$ 8.10B Valuation

According to TechSci Research report, “Chelants Market –Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, the Global Chelants Market stood at USD 8.10 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 4.15% through 2028. This can be ascribed to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position in the market.

Chelating agents are highly versatile molecules that possess a remarkable ability to form stable complexes with metal ions. This unique property forms the foundation of their exceptional efficacy in various applications, particularly in the realm of water treatment.

Chelants effectively prevent the formation of scale and corrosion in water systems, thereby mitigating the potential risks associated with mineral deposits that can obstruct pipelines, compromise heat transfer efficiency, and lead to system inefficiencies. Moreover, the utilization of chelants optimizes the performance of other water treatment chemicals by minimizing interference from metal ions, resulting in enhanced chemical efficiency and overall treatment outcomes. Industries relying on cooling towers are especially vulnerable to scale and corrosion due to the heightened concentrations of metal ions in their circulating water.

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By leveraging the power of chelants, these systems can be maintained at peak performance levels while remaining cost-effective. Lastly, chelants play a vital role in preventing mineral deposition on boiler surfaces, leading to improved heat transfer efficiency, and prolonging the operational lifespan of boilers. In the pulp and paper industry, chelants play a crucial role in the pulping and bleaching processes. They are utilized to manage the presence of metal ions, particularly calcium, magnesium, and iron, which can have adverse effects on the efficiency and quality of pulp production. Chelants effectively inhibit the accumulation of metal ions that can cause scaling, reduce pulp brightness, and decrease the efficacy of chemical additives. The pulp and paper sector is subject to rigorous environmental regulations that necessitate reduced water consumption, chemical usage, and pollution.

Chelants assist in optimizing chemical dosing, minimizing waste, and enhancing the sustainability of the production process. By preventing unwanted reactions between metal ions and bleaching chemicals, chelants help maintain the quality and consistency of pulp, resulting in higher pulp brightness and improved paper quality. This meets the growing demand for superior products in the paper industry. Furthermore, as sustainability becomes a central focus across industries, the demand for chelants aligns with the principles of resource efficiency, waste reduction, and responsible chemical usage. This positions chelants as not only essential tools in the pulp and paper sector but also as contributors to the broader global sustainability agenda.

Governments are allocating funds to support research and development in environmentally friendly technologies. Chelant manufacturers and researchers are receiving grants and incentives to explore innovative chelating agents with enhanced biodegradability, effectiveness, and reduced toxicity. The REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) regulations implemented by the EU have incentivized the development of safer chelating agents that adhere to stringent environmental and safety criteria.

Global Chelants Market segmentation is based on Product, Application, By Company, and Region

Furthermore, the Chinese government's focus on environmental protection and sustainable development has driven the widespread adoption of chelants in various industrial processes, including textiles and agriculture. Chelants have applications across diverse sectors, ranging from agriculture to cleaning products to industrial processes. Collaborative efforts among manufacturers, suppliers, end-users, and researchers foster cross-industry knowledge exchange and adaptation.

These collaborations facilitate the customization of chelant formulations to meet specific industry requirements, resulting in enhanced performance and expanded market reach. An example of a recent collaboration involving chelants is the partnership between BASF and RiKarbon. BASF announced an innovation partnership with RiKarbon, with a focus on addressing future challenges in the Care Chemicals Division. While specific details about their collaboration were not disclosed, this partnership aims to drive innovation in the field of chelants.

Another notable collaboration is between Macrocyclics and Roche. They are collaborating on a project related to molecular innovation for nuclear medicine, particularly focusing on lead-212 (212Pb) and novel chelate architecture for radioimmunotherapy. This collaboration aims to advance the development of new techniques in the field of nuclear medicine. However, decline in consumption of phosphate-based agents is expected to slow down the growth of the market in the coming years.

Some of the major companies operating in the Global Chelants Market include:

• AkzoNobel N.V.
• Archer Daniels Midland Company (ADM)
• Cargill, Incorporated
• BASF SE
• Valero Energy Corporation
• The Dow Chemical Company
• Mitsubishi Rayon Co. Ltd.
• Lanxess AG
• Tate & Lyle PLC
• Shandong IRO Chelating Chemical Co. Ltd.

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“Certain regions, particularly the Asia Pacific, are projected to exert significant demand for chelants worldwide. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhancing their chelants productivity each year, are expected to contribute to a remarkable growth of the Global Chelants Market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.

Global Chelants Market By Product (Sodium gluconate, Organphosphonates, Aminopolycarboxylate, Others), By Application (Household & industrial cleaning, Pulp & Paper, Chemical processing, Water treatment, Agrochemicals, Consumer products, Pharmaceutical, Others), By Region, Competition, Forecast and Opportunities, 2029 has evaluated the future growth potential of Global Chelants Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Chelants Market.

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Table of Content-Chelants Market 

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer
5. Global Chelants Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product (Sodium gluconate, Organphosphonates, Aminopolycarboxylate, Others)

5.2.2. By Application (Household & industrial cleaning, Pulp & Paper, Chemical processing, Water treatment, Agrochemicals, Consumer products, Pharmaceutical, Others)

5.2.3. By Region

5.2.4. By Company (2022)

5.3. Market Map

6. North America Chelants Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product

6.2.2. By Application

6.2.3. By Country

6.3. North America: Country Analysis

6.3.1. United States Chelants Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Product

6.3.1.2.2. By Application

6.3.2. Mexico Chelants Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Product

6.3.2.2.2. By Application

6.3.3. Canada Chelants Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Product

6.3.3.2.2. By Application

7. Europe Chelants Market Outlook

7.1. Market Size & Forecast

7.1.1.1. By Value

7.2. Market Share & Forecast

7.2.1.1. By Product

7.2.1.2. By Application

7.2.1.3. By Country

7.3 Europe: Country Analysis

7.3.1. France Chelants Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product

7.3.1.2.2. By Application

7.3.2. Germany Chelants Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product

7.3.2.2.2. By Application

7.3.3. United Kingdom Chelants Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product

7.3.3.2.2. By Application