Global Green Chelates Market Insights Forecasts to 2033

• The Global Green Chelates Market Size was Valued at USD 334.7 Million in 2023
• The Market Size is Growing at a CAGR of 4.55% from 2023 to 2033
• The Worldwide Green Chelates Size is Expected to Reach USD 522.3 Million by 2033
• Asia-Pacific is expected to Grow the fastest during the forecast period.

The Global Green Chelates Market Size is Anticipated to Exceed USD 522.3 Million by 2033, Growing at a CAGR of 4.55% from 2023 to 2033. Green chelates can aid in increasing cleaning efficacy and reduce the environmental impact of the products which will boost the market growth.

Market Overview:

A green chelating agent is a renewable, biodegradable alternative to phosphates that improves the efficacy of cleaning products. Green chelating agents are found in a wide range of cleaning solutions, including laundry detergents, surface care products, and dishwashing liquids. They remove metal ions from hard water that comprises calcium, magnesium, iron, and manganese. Green chelating compounds are employed to stabilize formulations and antioxidants in the pharmaceutical industry which will drive the growth of the green chelates market.

In the agricultural industry, they can be utilized to improve phytoremediation by increasing metal bioavailability and promoting metal uptake by plants. This will lead to an increase in the growth of the green chelates market. Green chelating agents can help businesses accomplish sustainability goals while also appealing to environmentally sensitive customers that can drive the growth of the green chelates market.

Opportunity:

As consumer appetite for sustainable products rises, the rising use of green chelates in a variety of industries presents considerable market growth opportunities.

Report Coverage:

This research report categorizes the market for the global green chelates based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global green chelates market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global green chelates market.

Driving Factors:

Green chelates are used in a variety of industries outside of agriculture and water treatment. As customers become more aware of the environmental impact of their purchase decisions, there is an increase in demand for eco-friendly products in numerous industries. Green chelates in cleaning solutions and detergents can help increase cleaning performance while lowering their environmental effect. Green chelates can be utilized as a natural, sustainable alternative to synthetic preservatives in cosmetics and personal care products.

Restraining Factors:

Green chelates have a higher cost than standard chelating agents. This could restrict their use in specific applications, particularly those where cost is a significant consideration.

Market Segmentation:

The global green chelates market share is classified into type and application.

• The sodium gluconate segment has the highest share of the market during the forecast period.

Based on the type, the global green chelates market is categorized into sodium gluconate, ethylenediamine-N, N'-disuccinic acid, L-glutamic acid N, N-diacetic acid, methyl glycindiacetic acid. Among these, the sodium gluconate segment has the highest share of the market during the forecast period. The usage of sodium gluconate in food applications has grown, including the development of high-intensity sweeteners, mineral salts, and food processing equipment cleaning activities, which has increased market demand. This is commonly used in concrete admixtures as a set retarder and plasticizer, as well as a chelating agent for calcium and magnesium ions in commercial, institutional, and household cleaning products.

• The cleaning solutions formulation segment holds the biggest share of the market over the forecast period.

Based on the application, the global green chelates market is categorized into disinfectant formulations, pharmaceutical products formulations, cleaning solutions formulation, and household cleaner production. Among these, the cleaning solutions formulation segment holds the biggest share of the market over the forecast period. Green chelating agents are biologically degradable chemicals that are widely used in cleaning products such as laundry detergents, surface care, and household cleaners. Cleaning applications are grouped into two types: home cleaning and industrial cleaning. Automated dishwashing, laundry detergents, hand spraying, and surface cleaning are all common household cleaning applications.

Regional Segment Analysis of the Global Green Chelates Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is projected to hold the largest share of the global green chelates market over the forecast period.

North America is projected to hold the largest share of the global green chelates market over the forecast period. The North America green chelates market is predicted to have the largest market share in terms of revenue in the near future. Many factors are expected to drive the increased use of green chelates/natural chelating agents in North America, including their easily biodegradable nature, the region's stringent environmental and water resource safety laws, the formulation process that uses natural sustainable and renewable sources, and recent regional expansions.

 Asia-Pacific region is expected to fastest CAGR growth during the forecast period. The rapidly growing market for green chelates agents due to a burgeoning population, increased awareness of the benefits of using green chemicals, and stringent environmental regulations. The agriculture sector contributes significantly to the Indian economy, and there is a growing demand for sustainable agricultural practices. Green chelates are widely used in agriculture because they improve nutrient absorption while preventing metal ion toxicity in crops.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global green chelates market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies:

• 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
• Others

Key Market Developments:

• In February 2022, Nouryon commissions a biodegradable chelates production facility in the Netherlands to meet growing consumer demand for eco-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