Chelating Agents Market by Manufacturers, Regions, Type and Application Forecast to 2024
Category: #reports  By Rahul Sankrityayan  Date: 2020-06-03
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Chelating Agents Market by Manufacturers, Regions, Type and Application Forecast to 2024

The competitive analysis comprising numerous market players is a rather noteworthy feature of the Chelating Agents Market report, as it provides details about the direct and indirect competitors in the market. The report also provides the company profile of these market players inclusive of certain specifications, technologies, and their future development plans.

This report is also anticipated to reflect consistent growth in years to come, since consumers are now being rather aware of product quality. This market analysis of an industry is a crucial factor that numerous stakeholders such as investors, traders, CEOs, suppliers, and more, need to be aware of.

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Rising water treatment industry will also be a driving factor for the chelating agents market due to its applicability as a water treatment chemical. Increasing worldwide population, rapid industrialization and depleting clean water reserves has led to a rise in the demand for water treatment plants.

Countries witnessing heightened industrial growth like China and India will likely be major markets for water treatment sector due to stringent norms regarding industrial water discharge. This will augment the global chelating agents market during the forecast period.

Growth drivers are

 

  1.            Rising paper & pulp industry
  2. Increasing demand for detergents and cleaners
  3. Growing water treatment industry    

Top Companies:

 

  1. AkzoNobel N.V.
  2. Mitsubishi Rayon Co. Ltd.
  3. BASF SE
  4. EMD Millipore
  5. Archer Daniels Midland Company (ADM)
  6. Lanxess AG
  7. Sigma-Aldrich Corporation
  8. Tate & Lyle PLC
  9. Kemira Oyj
  10. The Dow Chemical Company
  11. Cargill
  12. Dabeer
  13. AVA Chemicals
  14. Shandong IRO Chelating Chemical Co. Ltd.
  15. Nagase ChemteX Corporation

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Asia Pacific is anticipated to occupy the largest share of chelating agents market with growth rate of around 4% CAGR during the forecast period. Presence of many pulp & paper industries, rapid population growth and heightened industrialization will be the contributing factors for the regional industries growth. It is estimated that North America and Europe together will occupy about 40% of total market. North America will likely generate revenue exceeding USD 1 million in 2024 whereas Europe is anticipated to witness growth of around 3.3% CAGR.

There are many medium and large scale companies operating in the global chelating agents market. These include AkzoNobel, Sigma-Aldrich, BASF SE, EMD Millipore, Mitsubishi Rayon, Midland (ADM) Company, Archer Daniels, Lanxess, Kemira Oyj, Tate & Lyle, The Dow Chemical Company, Dabeer, Cargill Inc, Shandong IRO Chelating Chemical, Nagase ChemteX, and AVA Chemicals.

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About Author

Rahul Sankrityayan

Email: [email protected]   

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experie...

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