Global Chelate Fertilizers Market Insights and Forecast to 2028

The word chelate is derived from the Greek word chelé, which refers to a lobster's claw. Hence, chelate refers to the pincer-like way in which a metal nutrient ion is encircled by the larger organic molecule (the claw), usually called a ligand or chelator. Chelated micro-nutrients are protected from oxidation, precipitation, and immobilization in certain conditions because the organic molecule (the ligand) can combine and form a ring encircling the micro-nutrient. The pincer-like way the micro-nutrient is bonded to the ligand changes the micro-nutrient's surface property and favors the uptake efficiency of foliarly applied micro-nutrients.
Market Analysis and Insights: Global Chelate Fertilizers Market
Due to the COVID-19 pandemic, the global Chelate Fertilizers market size is estimated to be worth US$ 1380.8 million in 2022 and is forecast to a readjusted size of US$ 1687.6 million by 2028 with a CAGR of 3.4% during the review period. Fully considering the economic change by this health crisis, Iron accounting for % of the Chelate Fertilizers global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Crops segment is altered to an % CAGR throughout this forecast period.
Chelate fertilizer are fertilizers using chelated metal ions to provide micro-nutrients for plants. It contains metal ions such as iron, copper, zinc, etc. Without those micro-nutrients, plants will grow slower ad weaker. Chelate fertilizer need to be dissolved into water then applied to the plants.
The mostly used chelate fertilizer is iron chelate fertilizer. Iron chelate fertilize took 48% of the market by production. Iron is the most important micro-nutrient for plants because chlorophyll requires iron ion to be synthesis. However, the market share of combine mixture and other chelate fertilizer are increasing for farmers have realized the importance of micro-nutrients.Chelate fertilizer are used for crops the most. 88% of the chelate fertilizer are used for crops by production. Farmers use chelate fertilizers to replenish micro-nutrients for their crops in order to improve the yield.
In terms of production side, this report researches the Chelate Fertilizers capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Chelate Fertilizers by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Chelate Fertilizers Scope and Segment
Chelate Fertilizers market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Chelate Fertilizers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Iron
Combined Mixture
Others
Segment by Application
Crops
Turf
By Company
BASF
Yara International
ICL Specialty Fertilizers
Nufarm
Haifa Group
Aries Agro
Nouryon
Andersons Plant Nutrient Group
Van Iperen International
ATP Nutrition
Manvert
BMS Micro-Nutrients
Protex International
Compo Expert
Agmin Chelates
Valagro
Deretil Agronutritional
Production by Region
North America
Europe
Middle East & Africa
Japan
China
India
Australia
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

Frequently Asked Questions