Chelates Industry Synopsis

Maximize Market Research, an internationally recognized business consulting agency, has released its most recent study, entitled "Chelates Market." Maximize Market Research caters to the requirements of major and medium-sized enterprises worldwide, having a sizeable customer spread across over 34 countries. Based on research experts' observations, the Asia Pacific region presents a highly promising opportunity for Chelates market and component makers in the upcoming decade. The market has a positive growth trend despite an economic slowdown, according to the report's thorough analysis of the post-Covid lockdown performance of the market.

Market Forecast:

Chelates Market was valued at US$ 0.68 Bn. in 2022. The Global Chelates Market size is estimated to grow at a CAGR of 6.45 % over the forecast period.

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Chelates Market Extent

From 2023 to 2029, industry analysts predict a consistent growth in the Chelates market. Important participants in the sector are expected to continue putting strong plans into action in order to drive swift sectoral growth in 2023.

The Chelates market analysis report includes a wide range of information, including import and export consumption, supply and demand dynamics, costs, market shares, sales volumes, revenues, and gross profits. Additionally, each manufacturer involved in the Chelates market is examined in detail, with respect to their manufacturing bases, capacity, production, factory prices, revenues, and market share. Several nations (regions) are covered in detail in the report, including the United States (USA), Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, South Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.

Segmentation

Ethylenediamine Tetraacetic Acid (EDTA), Diethylenetriamine Pentaacetic Acid or Pentetic Acid (DTPA), Ethylenediamine-N, N'- Bis (2-Hydroxyphenylacetic Acid) (EDDHA), and Others are the segments of the chelates market based on type. During the projected period, the EDTA agricultural chelates segment is expected to experience the highest compound annual growth rate. The elements that are responsible for the high plant absorption of micronutrients and their potent binding capacity when combined with vital micronutrients such as iron (Fe), zinc (Zn), copper (Cu), and manganese (Mn) enhance crop development, which in turn accelerates the market for this particular segment.

The iron, zinc, manganese, and others segments of the chelates market are based on micronutrients. In 2022, the iron sector accounted for 41% of the market, the biggest share. The factors that can be linked to many consumers point to a diet that is richer in nutrients, which has increased the amount of iron-based crop development for farmers in the market for agricultural chelates.

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Principal Players

• Aries Agro Ltd.
• BASF SE
• Greensmiths, Inc.
• Haifa Chemicals
• Nufarm Ltd
• Syngenta AG
• The Andersons, Inc.
• The Dow Chemical Company
• Wilbur-Ellis Company Inc
• Nouryon, Valagro SPA
• Yara International Asa
• BMS Micro-Nutrients.

Important inquiries addressed in the Chelates Market Report are:

Chelates Market: What Is It?
What is the Chelates Market's forecast period?
What level of competition does the Chelates market have?
In the Chelates Market, which region had the biggest market share?
What prospects does the Chelates Market have?
Which issues are holding back the Chelates market?
Which companies dominate the Chelates market?

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Offerings that are important:

Market Size, Share, and Revenue Forecast by Year
Dynamics of the market: Opportunities for investment, constraints on growth, and important trends
A comprehensive analysis of market segmentation by Chelates Market Landscape—the leading players and other notable companies.

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