Chelates Industry Overview: Market Size, Growth Drivers, Trends and Impact of COVID-19 Pandemic 2023-2029


Posted October 25, 2023 by supriyamaximize

Chelates Market was valued at US$ 0.68 Bn. in 2022. The Global Chelates Market size is estimated to grow at a CAGR of 6.45 % over the forecast period.
 
Market Overview

The prominent global market intelligence firm has unveiled its latest market research report focusing on the Chelates market. The comprehensive report presents descriptive data and pictographs depicting the analysis of both regional and global markets. Moreover, the report delves into the market's objectives, shedding light on leading competitors, their market value, current trending skims, strategies, targets, and products. It also highlights the recent growth of the market and provides valuable insights into its informative past.

Market Value :Chelates Market was valued at US$ 0.68 Bn. in 2022. The Global Chelates Market size is estimated to grow at a CAGR of 6.45 % over the forecast period.

Market Scope

The research report delves deeply into the analysis of trending competitors, their market growth, and dynamic patterns. It offers valuable insights into the regional and global values and demands of the market. Furthermore, it aids in comprehending the competitive landscape and market potential in terms of production demand and supply. The segmentation analysis includes crucial factors such as psychographic, demographic, geographic, and behavioral segmentation. These factors play a pivotal role in shaping marketing strategies, focused and targeted products, offers, and customer experiences. Porter's analysis is utilized to gauge an organization's competitive position strength, aiming to enhance profitability. Additionally, Pestle analysis is conducted to assess the validity of existing products and services in the contextual data. The SWOT analysis provides an evaluation of internal and external factors contributing to a company's advantages, disadvantages, strengths, and weaknesses. Overall, this report offers comprehensive and informative data on the Chelates market overview.

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Key Trends:
• In June 2022, BASF SE has fortified its worth chain for chelating specialists in Ludwigshafen, Germany, by setting up a creation plant to build its piece of the pie in the European area.
• In January 2022, Nouryon went into a concurrence with Itaconix Corporation (UK) for the showcasing and dissemination of bio-based polymers, which comprise chelating properties.
• In July 2022, Vallagro S.P.A has teamed up its examination with Marrone Bio Innovations (Davis, CA, US), bringing about the combination of microorganisms and plant wholesome items to increment crop efficiency and quality.
• In April 2022, Nouryon (previously known as AkzoNobel Specialty Chemicals) went into a co-activity concurrence with INEOS Nitriles, which permitted AkzoNobel to grow the creation of biodegradable chelates are utilized in cleansers and different enterprises by using one of the INEOS Nitriles' synthetic items.

Segmentation

Ethylenediamine Tetraacetic Acid (EDTA), Diethylenetriamine Pentaacetic Acid or Pentetic Acid (DTPA), Ethylenediamine-N, N'- Bis (2-Hydroxyphenylacetic Acid) (EDDHA), and Others are the segments of the chelates market based on type. During the projected period, the EDTA agricultural chelates segment is expected to experience the highest compound annual growth rate. The elements that are responsible for the high plant absorption of micronutrients and their potent binding capacity when combined with vital micronutrients such as iron (Fe), zinc (Zn), copper (Cu), and manganese (Mn) enhance crop development, which in turn accelerates the market for this particular segment.

by Micronutrients

• Iron
• Zinc
• Manganese
• Others

by Type

• Ethylenediamine Tetraacetic Acid (EDTA)
• Diethylenetriaminepentaacetic Acid or Pentetic Acid (DTPA)
• Ethylenediamine-N, N'- Bis (2-Hydroxyphenylacetic Acid) (EDDHA)
• Others

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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.

Regional Analysis

The report delivers formal, functional, and vernacular regional analysis. It identifies the most impactful business areas based on the highest demand in different regions, including Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. The analysis provides valuable insights into distinct targets, strategies, and market values for each region.

Key Questions Addressed in the Chelates Market Report:

What characterizes the Chelates Market?
What is the forecast period for the Chelates Market?
How does the competitive scenario look in the Chelates market?
Which region holds the largest market share in the Chelates Market?
What opportunities are available in the Chelates Market?
What factors influence the growth of the Chelates market?
Who are the key players in the Chelates market?
Which company holds the largest share in the Chelates market?
What will be the CAGR of the Chelates market during the forecast period?
What key trends are expected to emerge in the Chelates market in the upcoming years?
Key Offerings:

Market Share, Size, and Forecast by Revenue|2023-2029
Market Dynamics - Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis
Landscape - Leading key players and other prominent key players.
About Maximize Market Research:

Maximize Market Research is a versatile market research and consulting company, staffed with professionals from various industries. Our coverage extends to medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others. Our services encompass market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Last Updated October 25, 2023