The Global Metal Chelates Market Size is valued at 627.07 million in 2022 and is predicted to reach 1307.47 million by the year 2031 at a 8.67% CAGR during the forecast period for 2023-2031.
Key Industry Insights & Findings from the Report:
Metal chelates are widely employed in various industries and domestic settings, including water treatment and agriculture. Among all applications, the use of metal chelates in agriculture has seen the most significant growth. This is followed by industrial and domestic benefits, which include detergents and cleaning supplies, pulp and paper manufacturing, textiles, and laundry and metal cleaning solutions. Also anticipated to be significant drivers of demand growth for the metal chelates business in the forecast period are growing demands for high agricultural yields and raising public awareness of crop nutrient deficiencies.
Moreover, The expansion of the global metal chelates market share is mainly due to the increased demand from the pulp and paper sectors. The mechanical pulp bleaching and chemical pulping processes in the pulp and paper industries mostly use metal chelating agents. Asia consumes most of the world's paper and paperboard, accounting for around 45% of production, followed by Europe and North America. China is a significant factor in the expansion of Asia.
Paper usage is anticipated to rise in developing nations like Brazil, Russia, India, and China. The rising demand for tissues is what is driving the demand. Another reason driving the increase in the global market share for metal chelates is the use of chelated minerals in animal feeding. Metal chelates are used in animal feed to improve bioavailability, enhance fertility and reproductive performance, increase hoof strength, and ensure stability in oxidation-reduction. This results in better nutrition for the animals. Zinc, copper, manganese, selenium, cobalt, iron, and iodine are the minerals that are most frequently used.
The Metal Chelates market is segmented on the basis of crop type, product type and application. Based on crop type, the market is segmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others. Product type segment includes primary, secondary and micro nutrients. The application segment includes Soil, Foliar, Fertigation, and Others.
The fruits and vegetable category dominates the market. The variables contribute to the rising demand for fruits and vegetables, as well as farmers' increasing awareness of the value of nutrients for these crops. Fruits and vegetables are delicate crops, and nutritional deficits in the soil can cause severe harm to them. These are boosting this segment's demand.
The foliar segment is projected to grow at a rapid rate in the global Metal Chelates market. During the forecast period, the foliar section is anticipated to see the highest CAGR. Foliar is a simple, affordable, and efficient technique. Consequently, farmers are increasingly using foliar mode. The foliar category is seeing increasing demand.
As nutrient product use is becoming increasingly known, Asia Pacific will control the market. In most regions of the world, there is a severe lack of boron and zinc, which has an impact on the yield and quality of crops. Today, farmers are employing more chelated micronutrients like zinc and boron as a result of their increased awareness of this fact. Increased disposable income, ongoing urbanisation, rising population, and increased consumer awareness of nutrition intake will propel the metal chelates industry into the future. Future growth in the food business will be driven by nations with strong purchasing power, like China, India, and Australia, that are also more receptive to new ideas and technologies.
|
Report Attribute |
Specifications |
|
Market Size Value In 2022 |
USD 627.07 Mn |
|
Revenue Forecast In 2031 |
USD 1,307.47 Mn |
|
Growth Rate CAGR |
CAGR of 8.67% from 2023 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Bn, and CAGR from 2023 to 2031 |
|
Historic Year |
2019 to 2022 |
|
Forecast Year |
2023-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
Treatment Type, Approach, And End User |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
|
Competitive Landscape |
BASF SE (Germany), Akzo Nobel N.V. (The Netherlands), Syngenta AG (Switzerland), Nufarm Limited (Australia) and Haifa Chemicals Limited (Israel). |
|
Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Metal Chelates Market Snapshot
Chapter 4. Global Metal Chelates Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis of Metaverse Industry
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. COVID-19 Impact on Metaverse Industry
Chapter 5. Market Segmentation 1: By Crop Type Estimates & Trend Analysis
5.1. By Crop Type & Market Share, 2019-2031
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2031 for the following By Crop Type:
5.2.1. Cereals and Grains
5.2.2. Oil seeds and Pulses
5.2.3. Fruits and Vegetables
5.2.4. Others
Chapter 6. Market Segmentation 2: By Product Type of delivery Estimates & Trend Analysis
6.1. By Crop Type & Market Share, 2019-2031
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2031 for the following By Product Type of delivery:
6.2.1. Primary Nutrients
6.2.2. Secondary Nutrients
6.2.3. Micro Nutrients
Chapter 7. Market Segmentation 3: By Mode of Applications Estimates & Trend Analysis
7.1. By Crop Type & Market Share, 2019-2031
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2031 for the following By Mode of Applications :
7.2.1. Fertigation
7.2.2. Foliar
7.2.3. Soil
Chapter 8. Metal Chelates Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Metal Chelates Market revenue (US$ Million) estimates and forecasts By Crop Type, 2023-2031
8.1.2. North America Metal Chelates Market revenue (US$ Million) estimates and forecasts By Product Type of delivery, 2023-2031
8.1.3. North America Metal Chelates Market revenue (US$ Million) estimates and forecasts By Mode of Applications, 2023-2031
8.1.4. North America Metal Chelates Market revenue (US$ Million) estimates and forecasts by country, 2023-2031
8.1.4.1. U.S.
8.1.4.2. Canada
8.2. Europe
8.2.1. Europe Metal Chelates Market revenue (US$ Million) By Crop Type, 2023-2031
8.2.2. Europe Metal Chelates Market revenue (US$ Million) estimates and forecasts By Product Type of delivery, 2023-2031
8.2.3. Europe Metal Chelates Market revenue (US$ Million) estimates and forecasts By Mode of Applications, 2023-2031
8.2.4. Europe Metal Chelates Market revenue (US$ Million) by country, 2023-2031
8.2.4.1. Germany
8.2.4.2. Poland
8.2.4.3. France
8.2.4.4. Italy
8.2.4.5. Spain
8.2.4.6. Pacific Metal Chelates UK
8.2.4.7. Rest of Europe
8.3. Asia Pacific
8.3.1. Asia Market revenue (US$ Million) By Crop Type, 2023-2031
8.3.2. Asia Pacific Metal Chelates Market revenue (US$ Million) estimates and forecasts By Product Type of delivery, 2023-2031
8.3.3. Asia Pacific Metal Chelates Market revenue (US$ Million) estimates and forecasts By Mode of Applications, 2023-2031
8.3.4. Asia Pacific Metal Chelates Market revenue (US$ Million) by country, 2023-2031
8.3.4.1. China
8.3.4.2. India
8.3.4.3. Japan
8.3.4.4. Australia
8.3.4.5. Rest of Asia Pacific
8.4. Latin America
8.4.1. Latin America Metal Chelates Market revenue (US$ Million) By Crop Type, 2023-2031
8.4.2. Latin America Metal Chelates Market revenue (US$ Million) estimates and forecasts By Product Type of delivery, 2023-2031
8.4.3. Latin America Metal Chelates Market revenue (US$ Million) estimates and forecasts By Mode of Applications, 2023-2031
8.4.4. Latin America Metal Chelates Market revenue (US$ Million) by country, (US$ Million) 2023-2031
8.4.4.1. Brazil
8.4.4.2. Rest of Latin America
8.5. Middle East & Africa
8.5.1. Middle East & Africa Metal Chelates Market revenue (US$ Million) By Crop Type, (US$ Million)
8.5.2. Middle East & Africa Metal Chelates Market revenue (US$ Million) estimates and forecasts By Product Type of delivery, 2023-2031
8.5.3. Middle East & Africa Metal Chelates Market revenue (US$ Million) estimates and forecasts By Mode of Applications, 2023-2031
8.5.4. Middle East & Africa Metal Chelates Market revenue (US$ Million) by country, (US$ Million) 2023-2031
8.5.4.1. South Africa
8.5.4.2. GCC Countries
8.5.4.3. Rest of MEA
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Akzo Nobel N.V.
9.2.2. Aries Agro Limited
9.2.3. AVA Chemicals Private Limited
9.2.4. BASF SE
9.2.5. Chemicnova
9.2.6. Deretil Agronutritional
9.2.7. Farmtech Agriland Corporation
9.2.8. Gujarat State Fertilizer & Chemicals
9.2.9. Haifa Chemicals Ltd.
9.2.10. M&M Industries
9.2.11. Micromix Plant Health Limited
9.2.12. Nufarm Limited
9.2.13. Protex International
9.2.14. Qingyuan Mutual Bio Techniques Co. Ltd.
9.2.15. Shanghai Joint Hope International Trade Corporation
9.2.16. Syngenta AG
9.2.17. Valagro SPA
9.2.18. Van Iperen International
Metal Chelates Market By Crop Type-
Metal Chelates Market By Product Type
Metal Chelates Market By Application-
Metal Chelates Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
