Green Chelates /Natural Chelating Agents Market was worth USD 1.76 Billion in 2016 and is projected to reach USD 2.45 Billion by 2021, registering 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 Market”.
This high growth is fueled by the increasing demand for green chelates/natural chelating agents owing to the implementation of stringent environmental and water conservation policies, and benefits such as negligible human and eco-toxicity.
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.
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The Dow Chemical Company (U.S.), BASF SE (Germany), Kemira Oyj (Finland), and AkzoNobel NV (Netherlands) are the most active players in the green chelates market. These companies participated in maximum number of development strategies among other players in the market, accounting for more than 80.0% of the overall market activities between 2011 and 2015.
Akzo Nobel N.V. (Netherlands) is another major player that has established a strong foothold in the green chelates market. The company has a broad and diversified green chelates and technology product portfolio, which ensures consistent growth in the global green chelates market. The company is focused on both organic and inorganic growth strategies.
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