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.
According to the new market research report “Global Chelate Fertilizers Market Report 2023-2029”, published by QYResearch, the global Chelate Fertilizers market size is projected to reach USD 1.68 billion by 2029, at a CAGR of 2.7% during the forecast period.
- Global Chelate Fertilizers MarketSize(US$ Million), 2018-2029
Based on or includes research from QYResearch: Global Chelate Fertilizers Market Report 2023-2029.
- Global Chelate Fertilizers Top17Players Ranking and Market Share(Based on data of 2021, Continually updated)
Based on or includes research from QYResearch: 2021 data information of Global Chelate Fertilizers Market Report 2023-2029.
The global key manufacturers of Chelate Fertilizers include BASF, Yara International, Nouryon, Valagro, Protex International, Compo Expert, ICL Specialty Fertilizers, Nufarm, Andersons Plant Nutrient Group, Haifa Group, etc. In 2021, the global top five players had a share approximately 76.0% in terms of revenue.
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