Agricultural Chelates Market 2019 | Analysis by Industry Trends, Market Size & Growth, Company Overview, Growth, Development and Forecast by 2023Posted:
Global “Agricultural Chelates Market 2019-2023” has been providing up and changing the worldwide economy as far as growth rate, revenue, deal, market proposition, and scope. The Global Agricultural Chelates market Consumption market report is an extensive analysis of this corporate field, which has been established to be one of the most profitable business verticals in futures. The Reportspecifies the complete estimate of Global Agricultural Chelates market business terms, in addition to presenting a brief segmentation of the industry, the expansion opportunities, as well as Key region.
Top-Listed Playersin Agricultural Chelates Market Research Report 2019-2023
- BASF SE
- Deretil Agronutritional
- Shandong Iro Chelating Chemicals
- Akzo Nobel N.V.
- Haifa Chemicals Ltd
- Protex International
- Van Iperen International
- Valagro Spa
- The Anderson's Plant Nutrient
- Verdesian Life Sciences
- ATP Nutrition
- Yara International
- Agmin Chelates Pty Ltd
- Grigg Brothers
- BMS Micro-Nutrients
- PPC Adob
- and Aries Agro Ltd
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Overview of Agricultural Chelates Market:
The global agricultural chelates market has grown exponentially in the last few years. The market size is projected to reach USD 744.1 million by 2023, at a CAGR of approximately 8%. Emerging markets in the countries, like India and China, are the primary target markets of the industry. Increasing demand for food, soil degradation, and need for micronutrients are some of the major driving factors for the market. The agricultural chelates market report can be segmented on the basis of type into EDTA, EDDHA, DTPA, IDHA, and others. EDTA and DTPA chelates account for more than 50% of the market share and are projected to grow at a CAGR of 7.3% and 7.5%, respectively, during the forecast period due to the demand for higher yield in agricultural crops.
Increasing Demand for Higher Yield Driving the Chelates Market
Agricultural production across the globe will need to be doubled over next 36 years to meet the demand of a 9 billion population. Therefore, technology will continue to play a major role in order to achieve any progress towards completing this goal. Increase in urbanization and lesser availability of arable land is motivating farmers to adopt more efficient techniques. There is a broader acceptance and recognition of the increasing benefits of chelated micronutrient fertilizers. Since the amount of arable land per person is declining and the population is expanding, the crop-yields must increase to meet food production requirements. As a result, the market is expected to observe the most dramatic increase in the demand for agricultural chelates.
Environment Concerns over Non-Biodegradable Chelates Will Restrict the Market
The non-biodegradable nature of chelating agents has resulted in large-scale environmental problems. These agents accumulate in the soil and cause an imbalance in the soil’s microflora. The degradation of these chelating agents is relatively slow. Chelating agents, such as EDTA, which is the most commonly used chelate in agriculture due to its low cost, pose a problem to users because of their inability to break down naturally, which may lead to many environmental problems if it enters the water system. In the water system, these agents continue to bind to the micronutrients, leading to concentrated levels of biometals that are hazardous to the native ecosystems.
Asia Pacific to Dominate the Global Agricultural Chelates Market
The Asia-Pacific agricultural chelates market is estimated to grow at a CAGR of 6.6% in the forecast period (2018 2023), from an initial market value of USD 184.1 million in 2017. The Asia-Pacific region has the highest market value for agricultural chelates which is majorly led by China, India, and Australia. The Asia-Pacific agricultural chelates market is growing at a high rate in the forecast period due to the increase in population in the region.
Major Players: BASF SE, DERETIL AGRONUTRITIONAL, SHANDONG IRO CHELATING CHEMICALS, AKZO NOBEL N.V., HAIFA CHEMICALS LTD, PROTEX INTERNATIONAL, VAN IPEREN INTERNATIONAL, VALAGRO SPA, THE ANDERSON'S PLANT NUTRIENT, VERDESIAN LIFE SCIENCES , ATP NUTRITION, DOW-DUPONT, YARA INTERNATIONAL, AGMIN CHELATES PTY LTD, GRIGG BROTHERS, BMS MICRO-NUTRIENTS, PPC ADOB, AND ARIES AGRO LTD, among others.
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Key Highlights from Agricultural Chelates Market Report 2019.
Revenue and Sales Estimation — Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well recognized Types and end-use industry. Additionally, macroeconomic factor and regulatory policies are as curtained in Agricultural Chelates industry evolution and predictive analysis.
Manufacturing Analysis —the report is currently analyzed concerning various product type and application. The Agricultural Chelates Market provides a chapter highlighting manufacturing process analysis validated via primary information collected through Industry and Key officials of profiled companies.
Competition — Leading players have been analyzed depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.
Demand and Supply and Effectiveness — Agricultural Chelates Market report additionally provides distribution, Production, Consumption for the complete industry.
Agricultural Chelates MarketTop Regions(regional analysis covers):-
- North America (the USA, Canada, andMexico)
- Europe (Germany, France, UK, Russia, andItaly)
- Asia-Pacific (China, Japan, Korea, India, andSoutheast Asia)
- South America, Middle East, andAfrica
Reasons to Purchase this Report
- Identify the dominating and the fastest growing regions in the global agricultural chelates market and their growth trends during the forecasted period
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- To understand the regions that are expected to witness the fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet (in Excel).
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Agricultural Chelates Market 2019 Report Brief:-
- The report covers forecast and analysis for the Agricultural Chelates market on a global and regional level
- The report includes the drivers and the restraints that affect the growth of the market
- Detailed information about the market opportunities are discussed
- The key target audience for the market has been determined in the report
- The revenue generated by the prominent industry players has been analyzed in the report
- The market numbers have been calculated using top-down and the bottom-up approaches
- The market is segmented on the basis of product, technology, ownership, and end-user industry which in turn is bifurcated on the regional level as well
- All the segments have been evaluated based on the present and the future trends
- The report deals with the in-depth quantitative and qualitative analyses of the Agricultural Chelates market
- The report includes detailed company profiles of the prominent market players
Look into Table of Content of Agricultural Chelates Market 2019 Research Report at
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