Press Release

Global Chelating Agents Market to Grow at a CAGR of 3.8% During the Period 2024-2032, Driven by Applications Across Sectors

Global Chelating Agents Market

According to a new report by EMR titled, ‘Global Chelating Agents Market Report and Forecast 2024-2032’, the global chelating agents market is expected to grow at a CAGR of 3.8% during the period 2024-2032, led by benefits afforded by chelates.

The global chelating agents market is likely to be driven by chelates’ industrial, medical, agricultural, personal care, food, pulp and paper, cleaning and biological applications. Bio-degradable and environmentally-friendly solutions are likely to witness greater demand. North America, Europe and Asia are expected to be key markets.

 

In several applications, chelates are employed to remove or modify the properties of metals that are detrimental to the process, for instance, decreasing hardness of water or removing scales. Examples include: preventing precipitation, removing scale, dirt or dissolving metal ions (detergents and cleaners, industrial cleaning/descaling, electronics, agricultural applications, textile processing, mining processes, oil and gas production/processing, metal plating, photography); controlling metal catalyzed reactions (polymer production, personal care products, building applications, food and feed products, pulp and paper production); decreasing the toxic effects of metals (fish hatchery processes, pharmaceutical products).  There are instances where there is a need to introduce metal ions into an application in the right ‘form’, for example, oxidizing or reducing agent (photography, H2S gas sweetening); transforming trace metals into water soluble complexes (food fortification, agriculture).

 

Leading companies seek to offer well-suited products for various applications. For example, Dow VERSENE™ CA calcium disodium EDTA & VERSENE™ NA disodium EDTA is a food-grade chelating agent that chemically binds and renders inactive trace metal ions such as iron, copper, and zinc to improve colour, flavour, clarity, shelf life, and vitamin content of foods and beverages and personal care applications.

 

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Dissolvine® chelates by Nouryon can add or remove metal ions or modify their properties in a controlled way, especially for cleaning surfaces, descaling boilers, processing textiles and preventing scale formation. These are also useful for enhancing personal care formulations and stabilizing food products and pharmaceutical formulations. Dissolvine® StimWell is a unique stimulation fluid that addresses oil and gas production challenges. Ferrazone, Solvitar and Dissolvine Na2-P are useful for the food and beverage market. Ferrazone provides safe iron fortification for food, while Solvitar and Dissolvine Na2-P enahnce freshness and appearance in food and beverages. Such solutions are expected to drive the global chelating agents market.

 

In 2020, BASF introduced Neutrol® MGDA, a readily biodegradable complexing agent for personal care applications; the product is readily biodegradable and possesses an excellent ecological and toxicological profile. Complexing agents are employed in cosmetic products to create very stable complexes with metal ions, inactivating their negative effects on the final formulation.

 

In 2019, BASF launched Trilon® M Max EcoBalanced, the first renewables-based Trilon® M grade produced according to the biomass balance approach. The approach replaced fossil feedstock with renewable feedstock such as bio-naphtha or biogas in the very initial stages of production. The renewable feedstock was then allocated to Trilon M Max EcoBalanced, employing a TÜV Nord-certified approach. This allowed BASF to fully replace fossil feedstock by renewables, sparing scarce fossil resources and decreasing damaging greenhouse gas emissions.

 

Key Findings of the Report:

  • The global chelating agents market is expected to be driven by multiple applications and benefits afforded by chelates.
  • Eco-friendly solutions likely to witness greater demand.
  • North America, Europe and Asia are projected to be key markets.

 

Market Analysis by Type, Application and Region:

  • By type, the market is segmented into Biodegradable (further broken down by type into EDDS, NTA, IDS, GLDA, MGDA, Sodium Gluconate, and Others) and Non-Biodegradable (further broken down by type into EDTA, DTPA, Phosphates and Phosphonates, and Others).
  • By application, the market is divided into Pulp and Paper, Cleaning, Water Treatment, Agrochemicals, Personal Care, and Others.
  • By region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

 

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