Market Size of Chelating Agents Industry
| Study Period | 2019 - 2029 |
| Market Volume (2024) | 567.59 Thousand tons |
| Market Volume (2029) | 719.59 Thousand tons |
| CAGR (2024 - 2029) | > 4.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Chelating Agents Market Analysis
The Chelating Agents Market size is estimated at 567.59 Thousand tons in 2024, and is expected to reach 719.59 Thousand tons by 2029, growing at a CAGR of greater than 4% during the forecast period (2024-2029).
The market was negatively impacted by the COVID-19 pandemic in 2020. Due to the COVID-19 outbreak in the first half of 2020, the pulp and paper industry experienced a substantial clog in its growth rate. This, in turn, unfavorably impacted the consumption of chelating agents. Currently, the market has recovered from the pandemic. The market reached pre-pandemic levels in 2022 and is expected to grow steadily in the future.
Increasing demand for chelating agents from household cleaning applications is expected to fuel market growth.
On the flip side, the adverse effects of non-biodegradable chelating agents on the environment are anticipated to restrain the growth of the market over the forecast period.
Further, the growing demand for green chelating agents in several end-user industries is likely to create lucrative growth opportunities for the global market in the future.
The Asia-Pacific region dominated the market around the world, with countries like China, India, and Japan being the biggest consumers.
