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The Global Agricultural Chelates Market to show 5.4% CAGR from 2022-28

Metal ions are important minerals for plants. They are required by plants in small amounts, and therefore are being refered to as ‘Micronutrients. Their deficiencies result in yellowing of leaves, retarded growth and general low quality crops.

Chelated compounds are more stable than non-chelated compounds. Therefore, metallic chelates are widely used in agriculture as micronutrient fertilizers to supply plants with Iron, Manganese, Zinc and Copper. The most common chelates used in agriculture are EDTA, DTPA and EDDHA.

Due to the COVID-19 pandemic, the global Agricultural Chelates market size is estimated to be worth US$ 488.5 million in 2022 and is forecast to a readjusted size of US$ 669.8 million by 2028 with a CAGR of 5.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, EDTA accounting for % of the Agricultural Chelates global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Soil Application segment is altered to an % CAGR throughout this forecast period.

The global market is dominated by few players from Europe and US, key players include Nouryon, BASF, Valagro, Dow, Van Iperen International, and ADOB, etc. Global top five players hold a share over 50 percent.

In terms of product type, EDTA chelates is the largest segment, with a share over 51 %; and in terms of by crop type, Fruits & Vegetables is the largest crop type, with a share about 55 percent. And according to the application method, fertigation is the largest, while foliar sprays grew at the fastest pace in past few years.

Europe is the largest market, with a share about 35%, followed by Asia and North America, with a share of 29% and 23%, separately.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Request for a free sample or purchase this report at: https://www.themarketreports.com/report/global-agricultural-chelates-market-research-report

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • EDTA
  • EDDHA
  • DTPA
  • IDHA
  • Others

Segment by Application

  • Soil Application
  • Seed Dressing
  • Foliar Sprays
  • Fertigation
  • Others

By Company

  • Nouryon
  • Basf
  • Syngenta (Valagro)
  • Dow
  • Van Iperen International
  • Adob
  • Haifa Chemicals
  • Aries Agro Ltd
  • Icl Specialty Fertilizers
  • Deretil Agronutritional
  • Agmin Chelates
  • Compo Expert Gmbh
  • Lidochem, Inc.
  • Protex International
  • Andersons Plant Nutrient Group
  • Bms Micro-Nutrients
  • Chs Inc
  • Atp Nutrition
  • Innospec
  • Wilbur-Ellis Company
  • Nufarm
  • Manvert

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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