The global Agricultural Chelates market was valued at US$ 405 million in 2020 and it is expected to reach US$ 630.9 million by the end of 2027, growing at a CAGR of 5.4% during 2021-2027.
Metallic chelates are a complex of a metal ion bound to an organic molecule (ligand).
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.
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.
Global Agricultural Chelates Market: Drivers and Restrains
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 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
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.
Global Agricultural Chelates Market: Segment Analysis
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 2016 to 2027.
Key Companies profiled in this report are 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 and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
Segment by Application
- Soil Application
- Seed Dressing
- Foliar Sprays
Table of Content:
1 Agricultural Chelates Market Overview
2 Agricultural Chelates Market Competition by Manufacturers
3 Agricultural Chelates Retrospective Market Scenario by Region
4 Global Agricultural Chelates Historic Market Analysis by Type
5 Global Agricultural Chelates Historic Market Analysis by Application
6 Key Companies Profiled
7 Agricultural Chelates Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Agricultural Chelates Market Dynamics
10 Global Agricultural Chelates Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta