Latin America Metal Chelates Market value of USD 63.13 million in 2021 and is forecasted to exhibit a CAGR of 8.13% and reach USD 93.31 million by 2026. Metal Chelates market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with increasing demand for chelates to tackle the problem of soil degradation and crop damage due to nutrition deficiency. The market is expected to boon in the years to come.
Chelates are basically chemical compounds which consist of a metal ion in the presence of a chelating agent. Chelating agent are used to help the metal ion in making several bonds with the chelate. Metal chelates include an organic molecule that creates bonds with a metal cation ionically as well as covalently. Metal chelates are known as multidentate ligand as well.
Drivers and Restraints of Latin America Metal Chelates Market:
One of the major factor responsible for the market to show rapid growth in recent years is the degradation of soil, leading to decline in crop production and quality. Other factors include, increase in farmers’ awareness about benefits of the product, demand for high crop yield and developed farming practises being implemented. The factors acting as restraints for the market include, wide range of side effects as well as lower acceptance among farmers for the metal chelates.
Latin America Metal Chelates Market – By Type:
secondary nutrients
The micronutrients lead the market share followed by primary nutrients.
Latin America Metal Chelates Market – By Mode of Application:
The foliar segment accounts for the highest market share under mode of application segmentation.
Latin America Metal Chelates Market – By Crop Type:
Geographical Analysis:
On the basis of geography, the Latin America market is analysed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.
Key Players:
The companies leading the share in the Metal Chelates market include Akzo Nobel N.V., BASF SE, Nufarm Limited, Syngenta AG, Haifa Chemicals Ltd., Van Iperen International, Aries Agro Limited, Protex International, Valagro SPA, Deretil Agronutritional.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Primary Nutrients
5.1.3 Secondary Nutrients
5.1.4 Micronutrients
5.1.5 Y-o-Y Growth Analysis, By Type
5.1.6 Market Attractiveness Analysis, By Type
5.1.7 Market Share Analysis, By Type
5.2 Crop Type
5.2.1 Introduction
5.2.2 Cereals & Grains
5.2.3 Oilseeds & Pulses
5.2.4 Fruits & Vegetables
5.2.5 Y-o-Y Growth Analysis, By Crop Type
5.2.6 Market Attractiveness Analysis, By Crop Type
5.2.7 Market Share Analysis, By Crop Type
5.3 Mode of Application
5.3.1 Introduction
5.3.2 Soil
5.3.3 Foliar
5.3.4 Fertigation
5.3.5 Other Mode of Applications
5.3.6 Y-o-Y Growth Analysis, By Mode of Application
5.3.7 Market Attractiveness Analysis, By Mode of Application
5.3.8 Market Share Analysis, By Mode of Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Crop Type
6.1.3.4 By Mode of Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Crop Type
6.1.4.4 By Mode of Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Crop Type
6.1.5.4 By Mode of Application
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 BASF SE
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Akzo Nobel N.V.
8.3 Syngenta AG
8.4 Nufarm Limited
8.5 Haifa Chemicals Ltd.
8.6 Aries Agro Limited
8.7 Van Iperen International
8.8 Valagro SPA
8.9 Protex International
8.10 Deretil Agronutritional
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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