Chelating Agents Market by Product (Sodium Gluconate, APCA, Organophosphonate and Others) Market for Pulp & Paper, Household & Industrial Cleaning, Agrochemicals, Water Treatment, Chemical Processing, Consumer Products and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021
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Chelation is a kind of bonding of molecules and ions to metal ions. Chelation consists of the presence or formation of 2 or more distinct coordinate bonds amid a single central atom and a polydentate ligand. Generally, these agents are organic substances and are known as chelators, chelants, sequestering agents, or chelating agents. As per the report, the global market for chelating agents deemed for USD 4.80 billion in 2015 and is anticipated to achieve USD 6.31 billion by 2021, developing at a 4.11% CAGR between 2016 and 2021.
The worldwide chelating agent market is mainly propelled by the rising growth of pulp & paper industry around the world owing to the rising requirement for tissue and graphic papers. The growth of detergent & cleaning industry along with rising need for water treatment chemicals is projected to fuel the market growth in the near future. The escalating accessibility of biodegradable amino polycarboxylate products is anticipated to be driving factor for the market growth in the coming duration.
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The global chelating agent market is bifurcated on the basis of application and product. The major products of the chelating agent market include organophosphonate, sodium gluconate, amino polycarboxylate, and others. On the basis of application, the market is divided into household & industrial cleaning, consumer products, pulp & paper, water treatment, agrochemicals, chemical processing, and others.
Aminopolycarboxylate and sodium gluconate together lead the market for a chelating agent with a collective share in market volume of 74% in 2015. The rising use of amino polycarboxylate in the household & home care applications, primarily for water treatment along with rising accessibility of biodegradable amino polycarboxylate products is projected to fuel the need for amino polycarboxylate considerably.
In terms of volume as well as revenue, the pulp & paper appeared as the dominating application segment in 2015. The key factors contributing to its growth are the increasing need for tissue and graphic papers, advantages such as the improved efficiency of hydrosulfite bleaches and hydrogen peroxide, and reduced bleaching prices.
Few of the major companies in the global market for the chelating agent are BASF SE, Cargill Incorporated, AkzoNobel N.V., Archers Daniels Midland Company, Sigma-Aldrich Corporation, Lanxess AG, and Dow Chemical Company among others.
According to a study published in 2016, conducted by Dr Yassa, the use of dimercaptosuccinic acid as a chelating agent reduced the levels of lead and mercury in the blood of the autistic children.