USD 249.44 Mn growth in Metal Chelates Market | APAC to Occupy 53% Global Market Share | Technavio

NEW YORK, Dec. 21, 2021 /PRNewswire/ — The global metal chelates market is fragmented with the presence of several regional and international players. The growing competition in the market is forcing vendors to deploy various organic and inorganic growth strategies such as new product launches and engaging in mergers and acquisitions to gain an edge over their rivals. Akzo Nobel NV, BASF SE, Dow Inc., and DuPont de Nemours Inc. are some of the key vendors mentioned in the report. Technavio estimates the global metal chelates market size to increase by USD 249.44 million between 2020 and 2025, accelerating at a CAGR of 8.74% during the forecast period.

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One of the primary growth drivers for this market is the rising demand from pulp and paper industries. In addition, the growing demand for wastewater treatment and growing soil degradation will further accelerate the growth of the global metal chelates market. However, increasing environmental impacts and the rise of bio-based chelating agents might reduce the growth potential in the market during the forecast period.

Metal Chelates Market: Segment Highlights

  • By Application, the market is analyzed across segments such as agriculture, industrial and household, water treatment, and others.
  • Agriculture is the largest application segment in the metal chelates market. The segment is expected to generate significant growth opportunities and the market growth in this segment will be significant during the forecast period.

Regional Analysis

  • 53% of the growth will originate from the APAC region.
  • APAC will remain the dominant market for metal chelates throughout the forecast period.
  • China, Japan, and India are the key markets for metal chelates in APAC.
  • Market growth in this region will be faster than the growth of the market in other regions.

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Notes:

  • The metal chelates market size is expected to accelerate at a CAGR of  8.74% during the forecast period.
  • The metal chelates market is segmented by Application (Agriculture, Industrial and household, Water treatment, and Others) and Geography (APAC, North America, MEA, Europe, and South America).
  • The market is fragmented due to the presence of many established vendors holding significant market share.
  • The research report offers information on several market vendors, including Akzo Nobel NV, BASF SE, Dow Inc., DuPont de Nemours Inc., Haifa Group, Israel Chemicals Ltd., Nufarm Ltd., Protex International, Syngenta AG, and Yara International ASA

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Metal Chelates Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8.74%

Market growth 2021-2025

USD 249.44 million

Market structure

Fragmented

YoY growth (%)

8.54

Regional analysis

APAC, North America, MEA, Europe, and South America

Performing market contribution

APAC at 53%

Key consumer countries

China, US, Japan, Germany, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Akzo Nobel NV, BASF SE, Dow Inc., DuPont de Nemours Inc., Haifa Group, Israel Chemicals Ltd., Nufarm Ltd., Protex International, Syngenta AG, and Yara International ASA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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USD 249.44 Mn growth in Metal Chelates Market | APAC to Occupy 53% Global Market Share | Technavio WeeklyReviewer

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