Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), By Type (Primary Nutrients, Secondary Nutrients, Micronutrients), By Mode of Application (Soil, Foliar, Fertigation), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables) And Competitive Landscape
Product Code: ETC4620405 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 29 | |
Report Name | Middle East Metal Chelates Market |
Forecast period | 2025-2031 |
Forecast Size | USD 500 million by 2031 |
CAGR | 8.6% |
Growing Sector | Agriculture |
Middle East Metal Chelates Market report thoroughly covers the market by countries, type, mode of application and crop type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Middle East Metal Chelates Market was valued at USD 300 million and is expected to reach USD 500 million, growing at a CAGR of around 8.6% from 2025 to 2031. This growth is driven by the rising demand for metal chelates in agriculture, industrial applications, and water treatment across the region.
Middle East Metal Chelates Market has shown significant growth over the recent years, driven by increasing applications in agriculture, healthcare, and industrial sectors. Metal chelates, which are compounds that stabilize metal ions, are extensively used to enhance the bioavailability of essential nutrients in soil, thus boosting agricultural productivity. In the healthcare sector, chelates play a crucial role in medication formulation and diagnostic procedures. Additionally, the industrial use of metal chelates in processes such as water treatment and mining has further propelled market demand. Major players in this market are continuously innovating and expanding their product portfolios to capture a larger market share. With rising awareness about sustainable farming practices and stringent environmental regulations, the demand for effective and eco-friendly chelating agents is expected to sustain the market's upward trajectory.
According to 6Wresearch, the Middle East Metal Chelates Market size is projected to grow at the CAGR of 8.6% during the forecast period of 2025-2031. The Middle East Metal Chelates Market is being driven by a variety of factors, chief among them being the agricultural sector's burgeoning growth. The increasing adoption of advanced agricultural practices has amplified the demand for high-performance fertilizers and micronutrients, with metal chelates playing a pivotal role in boosting soil fertility and crop yield.
Additionally, the surge in population across the region necessitates enhanced agricultural productivity to meet food security goals, further driving the market's growth. Urbanisation and industrialisation have also contributed to the escalating demand for metal chelates in wastewater treatment processes, as these compounds exhibit superior efficiency in removing heavy metals and pollutants. The increasing investments in research and development for innovative chelating agents also spur market expansion, offering new opportunities and applications in various domains such as pharmaceuticals and animal feed. Consequently, the favourable governmental policies and initiatives aimed at modernising agriculture and industrial sectors act as catalysts for Middle East Metal Chelates Market Growth.
However, the Middle East Metal Chelates Market also faces a set of formidable challenges. The high cost of metal chelates relative to conventional fertilizers and micronutrients serves as a significant barrier to widespread adoption among small-scale farmers who operate on restricted budgets. Moreover, stringent environmental regulations regarding the use of synthetic chelates pose challenges for manufacturers, restricting the use of specific compounds that may harm the ecosystem. Additionally, limited awareness and technical knowledge about the benefits and applications of metal chelates among end-users hampers market penetration. Another notable challenge is the fluctuating prices of raw materials needed for the production of chelating agents, which introduces an element of unpredictability and instability in the market. In regions with political instability and economic fluctuations, such as some parts of the Middle East, these challenges are further exacerbated, deterring investments and growth prospects. Therefore, addressing these hurdles requires concerted efforts from stakeholders, including fostering greater awareness, innovation in cost-effective solutions, and creating supportive policies to sustain the market's positive trajectory.
The Middle East has seen a significant increase in government initiatives and policies aimed at enhancing the metal chelates market. Governments in the region are keen on promoting sustainable agricultural practices and improving crop yields, leading to the introduction of subsidies for chelated micronutrients. Furthermore, environmental regulations mandating the reduction of heavy metal usage in fertilizers have accelerated the adoption of metal chelates. National agricultural development programs are also focused on educating farmers about the benefits of metal chelates, thereby boosting market demand.
Several key players dominate the Middle East metal chelates Industry, including global giants and regional firms. Companies such as BASF SE, Nouryon, and AkzoNobel N.V. are leading the charge with their extensive product portfolios and advanced chelation technologies. Local firms like Sabic and Gulf Cyro are also gaining traction, offering competitive products tailored to the region's specific agricultural needs. These companies are heavily investing in research and development to innovate and improve the efficiency of metal chelates, making them more accessible and effective for end-users.
The future of the metal chelates market in Middle East looks promising, with projected robust growth driven by technological advancements and increasing awareness of sustainable agriculture. The market is expected to benefit from ongoing research into more efficient chelating agents and the expanding use of precision farming techniques. Additionally, collaborations between governments, academic institutions, and key industry players are likely to foster innovation and introduce novel solutions to address soil micronutrient deficiencies. Overall, the Middle East metal chelates market is poised for significant expansion, with promising opportunities for both established and new entrants.
According to Dhaval, Research Manager, 6Wresearch, the micronutrients segment is expected to see the highest growth in the Middle East metal chelates market. This can be attributed to the increasing demand for balanced plant nutrition and micronutrient deficiencies in soil, which can only be addressed through the use of chelated micronutrients. Moreover, the adoption of precision farming techniques and a focus on high-value crops are also driving the growth of this segment.
The soil segment is expected to grow at the highest rate in the Middle East metal chelates market. This can be attributed to the increasing adoption of sustainable farming practices, leading to a higher demand for chelated micronutrients in soil applications. Farmers are also becoming more aware of the benefits of using metal chelates in soil, such as improved crop yields and reduced heavy metal toxicity, driving market growth.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East Metal Chelates Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Metal Chelates Market Revenues & Volume, 2021 & 2031F |
3.3 Middle East Metal Chelates Market - Industry Life Cycle |
3.4 Middle East Metal Chelates Market - Porter's Five Forces |
3.5 Middle East Metal Chelates Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Middle East Metal Chelates Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Middle East Metal Chelates Market Revenues & Volume Share, By Mode of Application, 2021 & 2031F |
3.8 Middle East Metal Chelates Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
4 Middle East Metal Chelates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Metal Chelates Market Trends |
6 Saudi Arabia Metal Chelates Market, 2021-2031 |
6.1.1 Saudi Arabia Metal Chelates Market, Revenues & Volume, By Type, 2021-2031 |
6.1.2 Saudi Arabia Metal Chelates Market, Revenues & Volume, By Mode of Application, 2021-2031 |
6.1.3 Saudi Arabia Metal Chelates Market, Revenues & Volume, By Crop Type, 2021-2031 |
7 UAE Metal Chelates Market, 2021-2031 |
7.1 UAE Metal Chelates Market, Revenues & Volume, By Type, 2021-2031 |
7.2 UAE Metal Chelates Market, Revenues & Volume, By Mode of Application, 2021-2031 |
7.3 UAE Metal Chelates Market, Revenues & Volume, By Crop Type, 2021-2031 |
8 Qatar Metal Chelates Market, 2021-2031 |
8.1 Qatar Metal Chelates Market, Revenues & Volume, By Type, 2021-2031 |
8.2 Qatar Metal Chelates Market, Revenues & Volume, By Mode of Application, 2021-2031 |
8.3 Qatar Metal Chelates Market, Revenues & Volume, By Crop Type, 2021-2031 |
9 Kuwait Metal Chelates Market, 2021-2031 |
9.1 Kuwait Metal Chelates Market, Revenues & Volume, By Type, 2021-2031 |
9.2 Kuwait Metal Chelates Market, Revenues & Volume, By Mode of Application, 2021-2031 |
9.3 Kuwait Metal Chelates Market, Revenues & Volume, By Crop Type, 2021-2031 |
10 Oman Metal Chelates Market, 2021-2031 |
10.1 Oman Metal Chelates Market, Revenues & Volume, By Type, 2021-2031 |
10.2 Oman Metal Chelates Market, Revenues & Volume, By Mode of Application, 2021-2031 |
10.3 Oman Metal Chelates Market, Revenues & Volume, By Crop Type, 2021-2031 |
11 Bahrain Metal Chelates Market, 2021-2031 |
11.1 Bahrain Metal Chelates Market, Revenues & Volume, By Type, 2021-2031 |
11.2 Bahrain Metal Chelates Market, Revenues & Volume, By Mode of Application, 2021-2031 |
11.3 Bahrain Metal Chelates Market, Revenues & Volume, By Crop Type, 2021-2031 |
12 Turkey Metal Chelates Market, 2021-2031 |
12.1 Turkey Metal Chelates Market, Revenues & Volume, By Type, 2021-2031 |
12.2 Turkey Metal Chelates Market, Revenues & Volume, By Mode of Application, 2021-2031 |
12.3 Turkey Metal Chelates Market, Revenues & Volume, By Crop Type, 2021-2031 |
13 Rest of Middle East Metal Chelates Market, 2021-2031 |
13.1 Rest of Middle East Metal Chelates Market, Revenues & Volume, By Type, 2021-2031 |
13.2 Rest of Middle East Metal Chelates Market, Revenues & Volume, By Mode of Application, 2021-2031 |
13.3 Rest of Middle East Metal Chelates Market, Revenues & Volume, By Crop Type, 2021-2031 |
14 Middle East Metal Chelates Market Key Performance Indicators |
15 Middle East Metal Chelates Market - Opportunity Assessment |
15.1 Middle East Metal Chelates Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Middle East Metal Chelates Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Middle East Metal Chelates Market Opportunity Assessment, By Mode of Application, 2021 & 2031F |
15.4 Middle East Metal Chelates Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
16 Middle East Metal Chelates Market - Competitive Landscape |
16.1 Middle East Metal Chelates Market Revenue Share, By Companies, 2024 |
16.2 Middle East Metal Chelates Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |