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Chelant Market To Post CAGR 4%

February 15, 2017

Biggest gains come in pulp & paper.

Driven by demand in  the pulp and paper industry, the global chelating agent market is expected to grow more than 4.1% a year to $6.3 billion by 2021, according to a new study by Zion Market Research. Chelants play an important role in the manufacturing process of a wide range of industrial and household cleaning products, such as liquid washing soaps, surface cleaners, and detergents.

On a regional basis, Asia Pacific accouned for more than 38% of industry volume share in 2015. Emerging economies of this region including India, China, Japan and Indonesia are expected to contribute the growth of chelating agents market. This growth is attributed to the urbanization and growth of detergent’s application sector coupled with rising population. The Middle East & Africa and Latin America regions are also expected to contribute to the growth of market.

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