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A chelate describes a kind of organic chemical complex in which the metal part of the molecule is kept so tightly that it cannot be separated from contact with other substances, which could transform it into insoluble form. Chelating agents are organic molecules can capture or encapsulate certain metal ions like Ca, Mg, Fe, Co, Zn and Mn and then release these metal ions slowly so that they become available for plants to take them up.
The global agricultural chelates market is anticipated to grow significantly over the forecast period. Strong demand for high-value crops, reduced soil degradation due to excess crop cultivation, increase in adoption of precision farming technologies coupled with rapid growth in greenhouse vegetable production have been acting as major factors fueling the demand for agricultural chelates market. Some micronutrients are fully chelated and completely soluble in water. Majority of them can be used directly to the soil for root uptake, others via foliar sprays. They comply with a wide range of fertilizers and plant protection products. Some are also suitable for use in soilless culture, as there is no formation of precipitates within the active pH ranges. The most effective method of application will depend on local conditions, particularly the pH value of the soil or growth medium.
The report analyses the global Agricultural Chelates market based on type, application and geography.
There are a number of commercially available chelating agents, include EDTA (Ethylenediamine Tetraacetic Acid), EDDHA [Ethylenediamine-N, N’-Bis (2-Hydroxyphenylacetic Acid)], DTPA (Diethylenetriaminepentaacetic Acid or Pentetic Acid), IDHA [D, L-Aspartic Acid N- (1, 2-Dicarboxyethyl) Tetrasodium Salt] which differ considerably in their stability. Selecting the right commercial chelate fertilizer is important. Each chelate compound delivers a different amount of ion and is effective at different pH levels. For example, EDDHA is selective for Fe only over a pH range of 4 - 9. The EDTA agricultural chelates type was accounted for the largest market share and it is projected to grow with the highest CAGR of 6.50% from 2020 to 2026. EDTA chelate isolates metal ions, such as calcium ions and ferrous ions, and forms weak bonds with metal nutrients, such as zinc, iron, and copper.
The global agricultural chelates finds application into soil, foliar and fertigation. Agriculture chelates play an important role in agriculture, as they upsurge the yield and enhance the quality of agricultural produce. These essential elements are used by plants in very small quantities and they are effectively supplied by complexes containing chelated compounds, which are more stable than the non-chelated metals. EDTA, DTPA, and EDDHA are the most commonly used agricultural chelates. These chelates are applied to crops by various methods such as soil, foliar and fertigation.
Foliar spray is most widely utilized application of agricultural chelates, attributed to the fact that this process provides an opportunity to maximize the yield, minimize nutrient losses, and also reduce the environmental pollution. Also, farmers are likely to rely on foliar application of nutrients as it confirms the uniform application as well as reduces agriculture input costs
global agricultural chelates are used for the growth of the various crops including cereals & grains, oilseeds & pulses, fruits & vegetables and others. Micronutrients play an important role in agriculture, as they increase the yield and enhance the quality of agricultural produce. These essential elements are used by plants in very small quantities and they are effectively supplied by complexes containing chelated compounds. Fruits & vegetables segment accounted for the largest share of in the agricultural chelates market owing to the changing dietary habits among many segments of the population of developed countries resulting from increased health awareness and the increasing demand for a wider variety of products, including high value crops have contributed to this growth.
The global agricultural chelates market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The European agricultural chelates market is hold the dominant position in the market. The major factors accelerating the growth of this market are the growing demand for food and shrinking farming land, high micronutrient deficiency in the soil, and increased focus on agricultural productivity. As the natural availability of micronutrients in the soil is decreasing, it is paving the way for a higher growth of the market. Increased focus on R&D and support from the government would further support the agricultural chelates market's growth in European region. The Asia-Pacific region is expected to grow at a lucrative growth rate during the forecast period.
Some of the major entities operating in the Agricultural Chelates market include include BASF SE (Germany), Yara International (Norway), Syngenta (US), Nufarm Ltd (Australia), Aries Agro Ltd (India), The Andersons, Inc. (US), The Dow Chemical Company (US), Haifa Chemicals Ltd (Israel), ATP nutrition (Canada), Manvert (Spain), Nouryon (Netherlands), BMS-Micronutrients NV (Belgium), Wilbur-Ellis company (US), and Compo Expert GMBH (Germany) among others. Considering the notable spike in the demand for agricultural chelates in the recent years, market players have remained active in development and registration of new chelated products
February 2019: Wilbur-Ellis Company LLC, acquired the assets of Wiles Brothers Fertilizer, Inc. This purchase expands the Wilbur-Ellis footprint firmly into the highly productive crop areas of Eastern Nebraska and Western Iowa. The Wiles Brothers business and location will serve as a major platform from which to test and launch a collection of agronomic advisory services and cutting-edge technologies.
April 2019: BASF Canada signed an agreement with Quadra Chemicals Ltd., a leading chemical and ingredient distributor, to represent its portfolio of micronutrients products in Canada. Quadra’s industry knowledge, customer-focus and capabilities make them the ideal partner to distribute BASF’s micronutrients products in Canada.
The report analyses the global agricultural chelates market based on type. Application, crop type and geography.
The various available chelating agent are presented as EDTA (Ethylenediamine Tetraacetic Acid), EDDHA [Ethylenediamine-N, N’-Bis (2-Hydroxyphenylacetic Acid)], DTPA (Diethylenetriaminepentaacetic Acid or Pentetic Acid), IDHA [D, L-Aspartic Acid N- (1, 2-Dicarboxyethyl) Tetrasodium Salt] which differ considerably in their stability. .
Consumables required for the process of blood processing area blood lancets, coagulation and blood grouping reagents, blood filters vials, blood collection tubes and needles, microscopic slides and strainers, blood administration sets, blood bags, sedimentation tubes and haematology reagents. The major end users of the market are hospitals and blood bank.
The global Agricultural Chelates market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Some of the major entities operating in the Agricultural Chelates market include Abbott Laboratories, Becton Dickinson and Company, Beurer GmbH, BioMerieux SA, Bio-Rad Laboratories, Danaher Corporation, Grifols International, Haemonetics Corporation, Immucor, Inc., Macopahrma SA, Roche Holdings AG and Terumo Corporation among others
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