Chelating Agents Market Size Analysis, Drivers, Restraints, Key Factors Forecast, 2016–2026
The global chelating agents market is expected to reach USD 7.20 Billion by 2026, according to a new report by Reports and Data. Chelating agents are substances that react with metal ions to form stable, water-soluble compounds called chelates. Thus, their physical and chemical behavior changes, like their reaction properties and solubility. Chelating agents are extensively used in bleaching wood pulp and recycling fibers in pulp processing and paper production industries. With the emergence of e-commerce sector, there is a rapid increase in the demand for paper packaging, which in turn would stimulate the market demand. Further, chelating agents are used in household, institutional, and industrial cleaning applications for removing the deposits of metal oxides, salts, and hard water. The growth of urbanization and industrialization along with an increase in awareness about hygiene and cleanliness are causative to the market growth. Chelating agents are the most effectiv...