Green Chelating Agent Market Size, Share, Growth Report 2030

Green Chelating Agent Market

Green Chelating Agent Market By Type (Sodium Gluconate, MGDA, EDDS, GLAD, And Others), By Application (Personal Care, Cleaning, Agriculture, Food & Beverages, Water Ttreatment, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023–2030

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-6917 Status : Upcoming
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 2.41 billion USD 4.14 billion 7.00% 2022

Description

The global green chelating agent market size was worth around USD 2.41 billion in 2022 and is predicted to grow to around USD 4.14 billion by 2030 with a compound annual growth rate (CAGR) of roughly 7.00% between 2023 and 2030.

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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.

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.

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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

Green Chelating Agent Market: Report Scope

Report Attributes Report Details
Report Name Green Chelating Agent Market Research Report
Market Size in 2022 USD 2.41 billion
Market Forecast in 2030 USD 4.14 billion
Growth Rate CAGR of 7.00%
Number of Pages 214
Key Companies Covered 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, Innospec, and Others
Segments Covered By Type, By Application, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

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

  • 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
  • Innospec

Global Green Chelating Agent Market: Segment Analysis

By Type

  • Sodium Gluconate
  • MGDA
  • EDDS
  • GLAD
  • Others

By Application

  • Personal Care
  • Cleaning
  • Agriculture
  • Food & Beverages
  • Water Ttreatment
  • Others

By Region

  • 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

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FrequentlyAsked Questions

Green chelating agents are compounds derived from natural sources such as plant extracts, bio-based materials, and renewable resources.

The green chelating agent market accounted for USD 2.41 billion in 2022 and is expected to reach USD 4.14 billion by 2030.

The CAGR value of the green chelating agent market is expected to be around of 7.00% during 2023-2030.

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.

The key players operating in the market are 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, Innospec, among others.

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