Home > Chemicals & Materials > Advanced Materials > Natural Chelating Agents Market
Natural Chelating Agents Market size was valued at more than USD 2.5 billion in 2021 and is expected to depict over 5.5% CAGR between 2022-2030. High production of pulp and paper for lightweight packaging to fuel market growth.
Rising demand for environment-friendly products in the packaging industry has promoted the usage of paper-based packaging. This includes products such as paperboard, cardboard, paper bags, and shipping sacks that use renewable resources such as trees and recycled paper fiber to ensure a sustainable supply. Furthermore, paper packaging is a cost-effective solution for transporting a wide range of products such as animal feed, medicine, cement, and groceries.
Chelating agents are crucial processing additives in the pulp and paper industry. These agents can produce paper at lower bleaching costs. The compounds help control iron levels to reduce iron-induced brightness reversion problems with mechanical and chemical pulps. The growing demand for lightweight packaging will increase the production of paper and in turn stimulate demand for natural chelating agents.
Report Attribute | Details |
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Base Year: | 2021 |
Natural Chelating Agents Market Size in 2021: | 2.5 Billion (USD) |
Forecast Period: | 2022 to 2030 |
Forecast Period 2022 to 2030 CAGR: | 5.5% |
2030 Value Projection: | 4 Billion (USD) |
Historical Data for: | 2017 to 2021 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 265 |
Segments covered: | Product, Source, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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It is expected that the fluctuating raw material prices will hamper the natural chelating agents market revenue. The growing uncertainty in procuring raw materials has disrupted its pricing. This has increased the overall production cost of green chelates. Additionally, surging demand for paper in sectors such as packaging widens the demand-supply gap. This gap is further increased due to escalating logistic costs, which may also negatively impact industry.