The Chelating Agent Market is to Touch $8.04 Billion by 2030; Increased demand for various applications and Rise in industrial activities & metal processing propels market growth.

The Chelating Agent Market size is estimated to reach $8.04 billion by 2030, growing at a CAGR of 3.88% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Chelating Agent Market – By Type (Sodium Gluconate, Amino polycarboxylate, Phosphates & Phosphonates, and Others), By Form (Liquid Chelating Agents, Solid Chelating Agents), By Application (Pulp & Paper, Water Treatment, Cleaning chemicals, Agrochemicals, Personal Care, Pharmaceutical, Food & Beverage, and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Rising demand for biodegradable and eco-friendly chelating agents and Expanding applications in agriculture are expected to create growth opportunities in the market during forecast period.

APAC accounted for the largest share of 31% of the Chelating Agent Market in 2023 followed by North America and Europe. In India, the AMRUT 2.0 (Atal Mission for Rejuvenation and Urban Transformation) program, focused on providing tap water supply and enhancing sewage treatment in urban areas, is poised to significantly drive the Chelating Agent Market in India. As part of the initiative, there will be an increased demand for water treatment chemicals, including chelating agents, which are essential in preventing scale formation, corrosion, and metal ion buildup in water distribution systems in this region.

Chelating agents, such as EDTA and DTPA, are widely utilized in water treatment processes to bind and remove metal ions, preventing scale formation and enhancing the efficacy of detergents. With the escalating global concerns about water quality and the need for effective wastewater treatment, the demand for chelating agents in this sector is witnessing a notable surge. The ability of chelating agents to form stable complexes with metal ions makes them valuable tools in mitigating the adverse effects of heavy metals in water systems. As industries and municipalities worldwide intensify their efforts to comply with stringent environmental regulations, the chelating agents market is poised to expand further, driven by the crucial role these agents play in sustainable water management practices.

Chelating agents, such as EDDHA and EDDHMA, are employed to enhance nutrient availability in soils by facilitating the controlled release of essential metals to plants. This trend aligns with the growing emphasis on precision agriculture and sustainable farming practices, where chelating agents contribute to optimizing nutrient uptake and promoting crop health. Additionally, in the food industry, chelating agents find applications as stabilizers and preservatives, improving the quality and shelf life of various food products. As consumers prioritize food safety and quality, the demand for chelating agents in the agriculture and food sectors is anticipated to experience steady growth. Ongoing research and development activities are focused on introducing novel chelating agents with enhanced properties to cater to the evolving needs of these industries.