Global Chelates Market Report 2023-2029: Industry SWOT Analysis, Growth Drivers and Production Trends
Chelates Market was worth $0.68 billion in 2022. Over the forecast period, the size of the global chelates market is anticipated to increase at a CAGR of 6.45%.
Chelates Market Overview
A market research study on “Chelates Market” is available from Maximize industry Research, a global healthcare industry research company.An extensive overview of the market for biopharmaceutical CMOs and CROs is provided in the paper. The market size and growth rate are two major points of the report. The drivers, restraints, challenges, and opportunities for the growth of the Chelates market are included in the report’s insights.
Sub Segmentation :
1. Global Chelates Market Size, by Micronutrients (2022-2029)
• Iron
• Zinc
• Manganese
• Others.
2. Global Chelates Market Size, by Type (2022-2029)
• Ethylenediamine Tetraacetic Acid (EDTA)
• Diethylenetriaminepentaacetic Acid or Pentetic Acid (DTPA)
• Ethylenediamine-N, N'- Bis (2-Hydroxyphenylacetic Acid) (EDDHA)
• Others
Key Trends:
• BASF SE strengthened its value chain for chelating specialists in Ludwigshafen, Germany, in June 2022 by establishing a creation plant to increase its market share in the European region.
• In January 2022, Nouryon and Itaconix Corporation (UK) entered a partnership for the promotion and distribution of bio-based polymers having chelating capabilities.
• In July 2022, Vallagro S.P.A. and Marrone Bio Innovations (Davis, CA, US) joined forces on their research, resulting in the combination of microorganisms and plant-wholesome products to increase agricultural efficiency and quality.
• In April 2022, Nouryon (formerly AkzoNobel Specialty Chemicals) and INEOS Nitriles entered into a co-activity agreement, allowing AkzoNobel to expand the production of biodegradable chelates used in cleansers and other products.
Chelates Market Report Scope and Research Methodology
Chelates Market Analysis used both primary and secondary research techniques. Through surveys, interviews, and market observations, primary research entailed the direct acquisition of data from the marketplace. In secondary research, information was gathered from published sources such news stories, company websites, and industry studies.
The industry’s competition, which includes market leaders, imitators, and newcomers, is thoroughly studied. The important figures obtained at following thorough Chelates analysis were confirmed and verified through extensive primary research. Market engineering, market forecasting, market breakdown, and data triangulation are all examples of market statistics calculations. The company’s annual reports, articles, paid and free databases, etc. were used to gather the secondary data. calculating the regional
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Chelates Market Regional Insights
The research offers a thorough examination of the growth factors, obstacles, outlook, and competitive environment in every region. North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are the geographical regions into which the market is divided. The research also lists the top nations in each area and projects their respective markets.
Chelates Market Segmentation
The Ethylenediamine Tetraacetic Acid (EDTA), Diethylenetriaminepentaacetic Acid, or Pentetic Acid (DTPA), Ethylenediamine-N, N'- Bis (2-Hydroxyphenylacetic Acid), and Others segments of the Chelates Market are based on Type. The sector for EDTA agricultural chelates is anticipated to experience the highest CAGR throughout the forecast period. High plant absorption of micronutrients and strong binding properties when combined with vital micronutrients like iron (Fe), zinc (Zn), copper (Cu), and manganese (Mn) lead to improved crop development, which in turn accelerates demand for this market segment.
The Chelates Market is divided into Iron, Zinc, Manganese, and Others based on Micronutrients. In 2022, the iron market sector accounted for 41% of total market revenue. The factors that contribute to many consumers' inclination toward a nutrient-dense diet have increased the scope of iron-based crop development for suppliers in the agricultural chelates industry.
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Chelates Market Key Players
• Aries Agro Ltd. • BASF SE • Greensmiths, Inc. • Haifa Chemicals • Nufarm Ltd • Syngenta AG • The Andersons, Inc. • The Dow Chemical Company • Wilbur-Ellis Company Inc • Nouryon, Valagro SPA • Yara International Asa • BMS Micro-Nutrients.
Table Of Content :
1. Global Chelates Market: Research Methodology
2. Global Chelates Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Chelates Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Chelates Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
Important inquiries addressed in the Chelates Market are:
- What is Chelates ?
- What are the global trends in the Chelates Market?
- What was the Chelates Total Market size in 2023?
- What is expected Chelates Market size by 2029?
- Who held the largest market share in Chelates Market?
- Who are the leading companies and what are their portfolios in Chelates Market?
- What are the major challenges that the Chelates Industry could face in the future?
COVID-19 Impact Analysis on Chelates Market:
end-user industries utilizing Chelates experienced a drop in growth in several countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to operational pauses amid increasing COVID-19 cases and lockdowns. This decline in end-user industry revenues led to a significant decrease in demand for Chelates manufacturers, directly impacting the growth of the Chelates Market in 2023. The global increase in COVID-19 instances contributed to the sharp decline in demand for Chelates products as businesses faced challenging conditions during this period.
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Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2022)
- Past Pricing and price curve by region (2017 to 2022)
- Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2023−2029
- Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
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