Green Chelating Agent Market - Global Industry Analysis

Green Chelating Agent Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2028

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-6917 Status : Upcoming

Description

Global Green Chelating Agent Market: Overview

The global green chelating agent market is projected to grow at a CAGR of 4.5% over the forecast period 2022-2028. Green chelates or natural chelating agents are biodegradable compounds that are mostly used for cleaning and washing. Surface cleaning, detergents, laundry, and home care products all employ these components. Chelating agents are poorly biodegradable, and their environmental consequences are a source of worry. These include heavy metals, which are very harmful to water and soil. To make green chelating agents, biotechnological techniques and computational tools are applied. Cleaning is the primary application area for this industry, which can be divided into two categories: industrial cleaning and domestic cleaning. Green chelates/natural chelating agents are utilized in industrial cleaning to remove metallic ions in mechanized dishwashing, device cleaning, and other applications. Laundry detergents, automatic dishwashing, manual dishwashing, and surface cleaning are all examples of household cleaning.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Green Chelating Agent Market: Growth Factors

The global green chelating agent market is expanding rapidly owing to its widespread usage in the domestic and cleaning industries. An increase in housing job has led to an increase in demand for green chelating agents as it is extensively used in laundry detergents, surface cleaners, and dish detergents. Also, the necessity for well-maintained and clean homes is on the rise with an increase in residential construction activities with a rise in population and rapid urbanization. In addition to this, the market for green chelating agents is growing due to its widespread application in the manufacturing industry. It is used to clean machinery and equipment to improve their performance & operation. Its environmentally friendly characteristics have aided its usage in both industry and manufacturing on a huge scale. Further, expanding the use of green chelating agents in water treatment as well as the pulp & paper production industry is driving the growth of the global green chelating agent market. Additionally, green chelating agents are in high demand, owing to strict environmental and water protection rules aimed at reducing hazardous chemicals' environmental effects. This has led to an increase in R&D activities for product expansion. For instance, in April 2021, for the detergents and cleansers sector as well as industrial formulators, BASF has expanded its EcoBalanced offering. Furthermore, this product helps to keep canned food from oxidizing. It is added to blood preserved in blood banks to avoid clotting and is used in the pharmaceutical sector to stabilize formulations & antioxidants. Thus, consumer demand for items from the pharmaceutical and food industries is expanding at a higher rate, thereby offering beneficial opportunities for the growth of the market. However, the easy accessibility of conventional chelating agents may hinder the growth of the global green chelating agent market.

The impact of COVID-19 on the global green chelating agent market was observed low to moderate. Continuous demand for cleaning agents all over the world maintained the steady growth of the market during the pandemic period.

Global Green Chelating Agent Market: Segmentation

The global market for green chelating agent is categorized into type, application, and region. Based on type, the global green chelating agent market is bifurcated into sodium gluconate, MGDA, EDDS, GLAD, and others. The application segment of the market is categorized into personal care, cleaning, agriculture, food & beverages, water treatment, and others

Global Green Chelating Agent Market: Regional Analysis

Europe is expected to remain the major region in the global green chelating agent market with significant growth opportunities. This is mainly attributed to the adoption of strict environmental rules and expanding popularity in the FMCG sector. Besides, the demand for green chelating agents has increased in many application areas in the region. Germany, France, the UK, and Italy are largely implementing the use of green chelating agents for water treatment, cleaning, agricultural, personal care, food & beverage, etc. North America is anticipated to remain the second-largest market owing to increasing investments in water treatment and food & beverage sectors. Asia Pacific is set to make notable growth in the global green chelating agent market. Rapid expansion of the industries and strict regulation for use of chemical agents are some of the reasons for the fast expansion of the market.

Global Green Chelating Agent Market: Competitive Players

Major market players include DOW Chemical Company, BASF SE, Akzo Noble N.V., Kemira OYJ, Nippon Shokubai Co. Ltd, Jungbuzlauer, Anil Bioplus Ltd, Adob Sp. Z O.O. Sp. K., VAN Iperen Bv, and Innospec.

Global Green Chelating Agent Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The global green chelating agent market is expanding rapidly owing to its widespread usage in the domestic and cleaning industries. An increase in housing job has led to an increase in demand for green chelating agents as it is extensively used in laundry detergents, surface cleaners, and dish detergents. Also, the necessity for well-maintained and clean homes is on the rise with an increase in residential construction activities with a rise in population and rapid urbanization. In addition to this, the market for green chelating agents is growing due to its widespread application in the manufacturing industry.

Major market players include DOW Chemical Company, BASF SE, Akzo Noble N.V., Kemira OYJ, Nippon Shokubai Co. Ltd, Jungbuzlauer, Anil Bioplus Ltd, Adob Sp. Z O.O. Sp. K., VAN Iperen Bv, and Innospec.

Europe is expected to remain the major region in the global green chelating agent market with significant growth opportunities for green chelating agents. This is mainly attributed to the adoption of strict environmental rules and expanding popularity in the FMCG sector. Besides, the demand for green chelating agents has increased in many application areas in the region. Germany, France, the UK, and Italy are largely implementing the use of green chelating agents for water treatment, cleaning, agricultural, personal care, food & beverage, etc.

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