Global Green Chelates/Natural Chelating Agents Market Growth, Upcoming Challenges and Future Forecast 2019-2024| Eastman Chemical Company,Chevron Phillips Chemical Company, BASF SE
Data
Bridge Market Research has recently added a concise research on Global Green Chelates/Natural Chelating
Agents Market to depict valuable insights related to significant market
trends driving the industry. The report features analysis based on key
opportunities and challenges confronted by market leaders while highlighting
their competitive setting and corporate strategies for the estimated timeline.
Some are the key & emerging players that are part of coverage and have
being profiled are Braskem SE, Royal Dutch Shell PLC,
DowDuPont, Evonik Industries AG, Exxon Mobil Corporation., Ineos Group, JXTG
Holdings, Inc., LG Chem., Maruzen Petrochemica, Reliance Industries Limited,
SABIC, China Petroleum & Chemical Corporation., SK global chemical Co.,
Ltd, HEL GROUP, Lonza, Corning Incorporated, Vapourtec Ltd., Velocys,
FutureChemistry, Mitsubishi Corporation., LyondellBasell Industries Holdings
B.V
Analysis of Global Green
Chelates/Natural Chelating Agents Market report:
Global Green Chelates/Natural Chelating
Agents Market is expected to
reach USD 1.54 billion by 2025, from USD 3.01 billion in 2017 growing
at a CAGR of 5.4% during the forecast period of 2018 to 2025. The
upcoming market report contains data for historic year 2016, the base year of
calculation is 2017 and the forecast period is 2018 to 2025.
Definition:
Green chelates/natural chelating agents are biodegradable materials widely used for cleaning and washing. The commonly used cleaning agents are made up of heavy metals, which are toxic to water and soil. They are non biodegradable and harmful to the environment. Because of environment concerns, biotechnological approaches are used to produce green chelating agents. The main application of green chelating agents is in industrial and household cleaning. According to The Statistics Portal, in 2016, the market for household cleanser and detergent was forecasted to generate USD 61.06 billion more than 2015. As Per the State of Specialty Food Industry, food industry continues to grow at a strong clip with dollar sales hit USD 127.0 billion, a 15.0% jump in total sales between 2014 and 2016. The above factor proves that the demand for household cleanser and detergent around the globe is growing and will drive the demand for green chelates/natural chelating agents.
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Market Drivers:
·
Rising awareness about the benefits of using
these chemicals in personal care formulations and food & beverage products.
·
Rising demand for green chelates due to
excellent properties with regard to eco and human toxicity
·
Stringent environment and water resources
protection laws
Market Restraint:
·
Ease availability of conventional chelating agents
·
Environmental concerns
Leading Key players profiled in this
report are:
The key players operating in the global green
chelates/natural chelating agents market are –
·
Eastman Chemical Company
·
Chevron Phillips Chemical Company
·
BASF SE
·
Sumitomo Chemical Co., Ltd.
·
SHOWA DENKO K.K
The other players in the market are Braskem SE, Royal Dutch
Shell PLC, DowDuPont, Evonik Industries AG, Exxon Mobil Corporation., Ineos
Group, JXTG Holdings, Inc., LG Chem., Maruzen Petrochemica, Reliance Industries
Limited, SABIC, China Petroleum & Chemical Corporation., SK global chemical
Co., Ltd, HEL GROUP, Lonza, Corning Incorporated, Vapourtec Ltd., Velocys,
FutureChemistry, Mitsubishi Corporation., LyondellBasell Industries Holdings
B.V., and many more.
Global Green Chelates/Natural
Chelating Agents Market Segmentation:
By Type
·
Sodium Gluconate
·
EDDS
·
MGDA
·
GLAD
·
Other
By Application
·
Cleaning
·
Water Treatment
·
Agriculture
·
Personal Care
·
Food & Beverages
·
Others
By Geography
·
North America
·
South America
·
Europe
·
Asia-Pacific
Competitive Landscape:
The global green
chelates/natural chelating agents market is highly fragmented and the major
players have used various strategies such as new product launches, expansions,
agreements, joint ventures, partnerships, acquisitions, and others to increase
their footprints in this market. The report includes market shares of the green
chelates/natural chelating agents market for global, Europe, North America,
Asia Pacific, South America and Middle East & Africa.
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The Global Green Chelates/Natural Chelating Agents Market
report provides the global market size of the main players in each region.
Moreover, the report provides knowledge of the leading markets players within
the Global Green Chelates/Natural Chelating Agents Market. The industry
changing factors for the market segments are explored in this report. This analysis report covers the growth
factors of the worldwide market based on end-users. Market opportunities and
recommendations for new investments are also encompassed in this report.
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