Chelating agents market trends research and projections for 2017-2024

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Chelating agents market trends research and
projections for 2017-2024
Fuel Cell Market size worth 25.5bn by 2024
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Overview

• Escalating growth of the global paper pulp
  industry will amplify chelating agents market
  share over the years ahead.
• Of late, a paradigm shift toward the usage of
  recycled paper for flexible packaging home
  appliances and other products has been observed,
  which will influence chelating agents industry
  size.
• The product demand is also likely to be
  stimulated owing to the rising e-commerce sector
  and the high adoption of home delivery for
  various goods. According to Global Market
  Insights, Inc., Chelating agents market will
  exceed a revenue collection of USD 5 billion by
  2024 with a significant growth rate of more than
  3 over the coming years of 2016 to 2024.
• These agents find applications across the water
  treatment, consumer products, paper pulp,
  agrochemicals, chemical processing, and household
  industrial sectors.

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Chelating Agents Market, By Application

• Pulp paper industry registered a considerable
  share of the global chelating agents market,
  where the product finds extensive application in
  mechanical pulp bleaching, chemical pulping,
  reduction of brightness reversion,
  chemithermomechanical pulping, and to control
  scaling of the surface.
• In 2015, this application segment accounted for
  over USD 1 billion and will have a healthy growth
  rate in the coming years. Growing demand for
  recycled paper products in packaging as well as
  stationery activities will boost the product
  demand up to 2024.
• Other applications considered in this market
  report are water treatment, agrochemicals,
  household industrial cleaning, consumer
  products, chemical processing, and others.

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Chelating Agents Market, By Region

• Asia Pacific chelating agents market accounted
  for more than 40 of the global share in 2015
  owing to the presence of numerous paper and
  agrochemical industries in China, India, Japan,
  and various south east Asia nations.
• The region will likely flourish at a CAGR close
  to 4 in the forecast spell. Growing industrial
  population in the region, on the account of cost
  efficient labor forces, and mandatory regulations
  regarding industrial waste water treatment will
  also support the regional growth.
• Europe chelating agents market was worth more
  than USD 850 million, due to the presence of
  several large-scale paper and pulp industries.
  Moreover, shifting industrialization towards
  eastern Europe will augment the overall industry
  growth in the coming years.
• The region will have an estimated gain of more
  than 3 CAGR up to 2024, losing its market share
  to the increasing demand in Asia Pacific and
  Latin America.

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Chelating Agents Market Industry Background

• Global chelating agents market is versatile in
  nature with application areas including paper
  pulp, agrochemicals, water treatment, cleaners,
  personal care products, chemical processing, food
  beverage, textiles, metalworking, oilfields,
  and pharmaceuticals. The product provides
  desirable surface treatment in order to prevent
  scaling and also controls metal poisoning by
  binding to particular toxic metal ions. As a
  result, they are also useful to manufacture
  chelated micronutrients for easy absorption by
  plants.
• Bio-based products are naturally decomposable and
  will likely substitute the petrochemical based
  counterparts owing to the increasing environment
  concerns throughout the world. Sodium gluconate
  has gained popularity on the account of its
  superior chelating properties along with
  efficient biodegradability, and will likely have
  a significant growth rate in the overall market
  in upcoming years.

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Europe Chelating Agents Market size, by
application, 2013 - 2024 (USD Million)

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