Green Chelates/Natural Chelating Agents: Technological Advancements Driving The Market Growth

The Global Green Chelates/Natural Chelating Agents Market is projected to reach USD 2.45 billion by 2021, growing at a CAGR of 5.74% between 2016 and 2021.

Browse 134 market data tables with 48 figures spread through 187 pages and in-depth TOC on "Green Chelates/Natural Chelating Agents".

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Sodium gluconate: Major type used in all applications

Sodium gluconate is the sodium salt of gluconic acid produced by fermentation of glucose. It is predominately used for technical applications as an effective set retarder and plasticizer in concrete admixtures, as well as a chelating agent for calcium and magnesium ions in industrial, institutional, and household cleaning products. In personal care products, sodium gluconate is used as a chelating agent (replacement of EDTA) as well as a powerful moisturizing ingredient. Use of sodium gluconate in food applications such as in formulation of high-intensity sweeteners, mineral salts, and cleaning operations of food processing equipment has increased, thus driving its demand.

In terms of value, the U.S. and Germany together accounted for more than 60% of the green chelates/natural chelating agents market in 2015

The U.S. is the largest market for green chelates/natural chelating agents worldwide. Germany is the largest market and manufacturer in Europe. The U.S. and Germany together accounted for a significant share in the global green chelates/natural chelating agents market, in terms of value, in 2015. They are the largest markets in their respective regions and are expected to compete to dominate the market by 2021. The increasing use of green chelates/natural chelating agents in these countries is mainly due to the stringent environmental and water conservation regulations, awareness about the benefits of using these chemicals in personal care formulations and food & beverage products.

The market for GLDA is projected to register the highest growth rate. Growth in the use of green chelates/natural chelating agents is caused by changes in cleaning formulations due to ban on phosphates and stringent environmental regulations in developed countries such as U.S., Germany, France, and the Netherlands. This growth is also expected to increase in the future owing to the rise in population and urbanization in the emerging economies.

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The global green chelates/natural chelating agents market is dominated by certain players such as Kemira Oyj (Finland), Nippon Shokubai (Japan), The Dow Chemical Company (U.S.), BASF SE (Germany), and AkzoNobel NV (Netherlands). Diverse product portfolio, strategically positioned R&D centers, continuous adoption of development strategies, and technological advancements are the factors responsible for strengthening these companies in the green chelates/natural chelating agents market.

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