Global Green Chelates Market Size to Worth USD 522.3 Million By 2033 | CAGR of 4.55%
Category: Chemicals & MaterialsGlobal Green Chelates Market Size to Worth USD 522.3 Million By 2033
According to a research report published by Spherical Insights & Consulting, the Global Green Chelates Market is to Grow from USD 334.7 Million in 2023 to USD 522.3 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 4.55% during the projected period.
Get more details on this report -
Browse key industry insights spread across 230 pages with 100 Market data tables and figures & charts from the report on the "Global Green Chelates Market Size, Share, and COVID-19 Impact Analysis, By Type (Sodium Gluconate, Ethylenediamine-N, N'-Disuccinic Acid, L-Glutamic Acid N, N-Diacetic Acid, and Methyl Glycindiacetic Acid), By Application (Disinfectant Formulations, Pharmaceutical Products Formulations, Cleaning Solutions Formulation, and Household Cleaners Production), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/green-chelates-market
A green chelating agent is a renewable, biodegradable alternative to phosphates that boosts the effectiveness of cleaning solutions. Green chelating agents are present in a variety of cleaning solutions, including laundry detergents, surface care products, and dishwashing liquids. They remove metal ions from hard water, including calcium, magnesium, iron, and manganese. Green chelating chemicals are used to stabilize formulations and antioxidants in the pharmaceutical industry, which will boost the green chelate market. In the agricultural business, they can be used to increase phytoremediation by improving metal bioavailability and encouraging plant metal uptake. This will accelerate the expansion of the green chelates market. However, green chelates are more expensive than normal chelating agents, which could limit market expansion.
The sodium gluconate segment held the largest market share during the forecast period.
Based on the type, the global green chelates market is divided into sodium gluconate, ethylenediamine-N, N'-succinic acid, L-glutamic acid N, N-diacetic acid, and methyl glycindiacetic acid. Among these, the sodium gluconate segment held the largest market share during the forecast period. The use of sodium gluconate in food applications has expanded, including the development of high-intensity sweeteners, mineral salts, and food processing equipment cleaning activities, resulting in increased market demand. This is frequently employed as a set retarder and plasticizer in concrete admixtures, as well as a chelating agent for calcium and magnesium ions in business purposes, institutional, and personal hygiene products.
The cleaning solutions formulation category holds the largest market share during the projection period.
Based on the application, the global green chelates market is divided into disinfectant formulations, pharmaceutical products formulations, cleaning solutions formulations, and household cleaner’s production. Among these, the cleaning solutions formulation category holds the largest market share during the projection period. Green chelating agents are biodegradable compounds that are commonly used in cleaning solutions like laundry detergents, surface care, and household cleaners. Cleaning applications are divided into two categories: household cleaning and industrial cleaning. Common household cleaning uses include automated dishwashing machines, laundry detergents, hand spraying, and surface cleaning.
North America has the biggest share of the global green chelates market over the forecast period.
Get more details on this report -
The North America green chelates market is expected to have the highest revenue share in the near future. Many factors are expected to contribute to the increased use of green chelates/natural chelating agents in North America, including their easy biodegradability, the region's stringent ecological and water supply safety laws, a manufacturing process which utilizes natural sustainable and renewable sources, and recent regional expansions.
Asia-Pacific is predicted to grow fastest pace throughout the forecast period. The rapidly expanding market for green chelates agents is driven by a growing population, increased knowledge of the benefits of utilizing green chemicals, and severe environmental laws. The agriculture industry makes a substantial contribution to the Indian economy, and there is an increasing demand for sustainable agricultural techniques.
Major vendors in the global green chelates market include, Nouryon, Actylis, BASF SE, Evonik Personal Care, Innospec, NIPPON SHOKUBAI CO., LTD, Peptech Biosciences Ltd, Kemira Oyj, Dow Chemical Company, AkzoNobel N, Jining Green Mountain Chemical Co Ltd, Jungbuzlauer, Kemira OYJ, Lanxess AG, Mitsubishi Rayon Co. Ltd, Shandong IRO Chelating Chemical Co. Ltd, Tate & Lyle PLC, Valero Energy Corporation, VAN Iperen Bv, and Others.
Recent Developments
- In February 2022, Nouryon established a biodegradable chelate production facility in the Netherlands to suit rising consumer demand for environmentally friendly auto dishwashing and liquid laundry products.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global green chelates market based on the below-mentioned segments:
Global Green Chelates Market, By Type
- Sodium Gluconate
- Ethylenediamine-N, N'-Disuccinic Acid
- L-Glutamic Acid N, N-Diacetic Acid
- Methyl Glycindiacetic Acid
Global Green Chelates Market, By Application
- Disinfectant Formulations
- Pharmaceutical Products Formulations
- Cleaning Solutions Formulation
- Household Cleaners Production
Global Green Chelates Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?