Global Chelating Agents Market is expected to grow with the CAGR of 5.2% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below:
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Global chelating agents market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in global chelating agents market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in December 2019, Kemira extended the U.S. chemical bleaching capability to meet long-term global demand for cellulose. At its Eastover location in South Carolina, the company is investing USD 20.00 million to increase the usable capacity of sodium chlorate. Sodium chlorate was the main factor used in the production process of chlorine dioxide (ClO2), which is processed on-site in pulp mills and is also the primary bleaching agent for cellulose fibre in the pulp and paper industry. Improving the global supply of bleaching chemicals continued to increase and the company is positive about the capital expenditure in the capacity for ammonium sulphate in the Americas to ensure that it can be the best serve for the customers globally.
SABIC is the dominating player in global chelating agents market. The other key players existing in the chelating agents market includes BASF SE, Eastman Chemical Company, Chevron Phillips Chemical Company, LANXESS, INEOS, ADM, Mitsubishi Chemical Corporation (a subsidiary of Mitsubishi Chemical Holdings), Dow, Nouryon, Kemira, Ascend Performance Materials, NIPPON SHOKUBAI CO., LTD., Lonza, Henan Qingshuiyuan Technology Co., Ltd, Evonik Industries AG, Tate & Lyle, Zhonglan Industry Co.,Ltd., Akzo Nobel N.V., and Sumika Chemtex Co., Ltd. (a subsidiary of Sumitomo Chemical Co., Ltd.) among others.
SABIC is headquartered in Riyadh, Saudi Arabia and was incorporated in 1976. The company is engaged in manufacturing of products for the construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy. The company deals in business segments such as petrochemicals and specialties, agri-nutrient and hadeed in which petrochemicals and specialties is the market focused segment. The company provides various products under categories such as polymers, chemicals, agri-nutrients, metals and specialties among which chemicals is the market focused category.
The company has a wide global presence across the globe such as in North America, Asia-Pacific, Europe, Middle East and Africa and South America. In addition to it, the company also generates its revenue from the various subsidiary companies such as SABIC (Shanghai) Industry Co. Ltd. (China), SABIC Innovative Plastics Czech s.r.o (Czech Republic), SABIC Australia Pty Ltd. (Australia), SABIC Deutschland GmbH (Germany), IAV GmbH Ingenieurgesellschaft Auto und Verkehr (Germany) among others.
INEOS is headquartered in London, U.K. and was incorporated in 1890. The company is engaged in manufacturing of chemical intermediates for plastics, textiles technology, medicines, mobile phones, and chemicals. The company deals in business segments such as O&P North America, O&P Europe and chemical intermediates in which chemical intermediates is the market focused segment. The company provides various products under categories such as petrochemicals, oil & gas and consumer among which petrochemicals is the market focused category.
The company has a wide global presence in North America, Asia-Pacific and Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such as Belstaff (U.S.), INEOS Upstream Limited (U.S.), INEOS Olefins & Polymers USA, LLC (U.S.), Ineos Styrolution America LLC (U.S.), Ineos NV (U.S.) among others.
Lonza is headquartered in Basel, Switzerland and was founded in 1897. The company is engaged in providing integrated healthcare solutions for enabling treatments that prevent illness, support healthier lifestyles and create a healthy environment. The company deals in business segments such as pharma biotech & nutrition and specialty ingredients in which specialty ingredients is the market focused segment. The company provides various products under categories such as bioresearch, pharma & biotech, consumer health, agro-ingredients, coatings and composites among which coatings and composites is the market focused category.
The company has a wide global presence in Americas, Europe, Asia-Pacific and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Arch Chemicals, Inc. (U.S), Arch Personal Care Products, L.P. (U.S.), Arch Treatment Technologies, Inc. (U.S.), Arch UK Biocides Limited (U.K.), Arch Wood Protection (Aust) Pty Ltd (Australia) among others.
Global Chelating Agents Market - Industry Trends and Forecast to 2027