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Green Chelates/Natural Chelating Agents Market, By Type (Sodium Gluconate, EDDS, MGDA, GLAD, Others) to grow at a CAGR of 5.0%
The green chelates/natural chelating agents market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 5.0% in the above-mentioned forecast period.A chelate is basically a chemical compound that composes a metal ion along with chelating agent. The green chelates are basically the naturally occurring chelating agents such as citric, malic, lactic, and tartaric acids and certain amino acids. They are highly used in various end user industries such as cleaning, water treatment, agriculture, personal care, food and beverages and others.
The factors such as high adoption of green chelates in personal care industries such as in cosmetics, fragrance and high consumption in food and beverage products are the root cause fueling up the market growth rate. The factors expected to cushion the growth of the green chelates/natural chelating agents market in the forecast period are the green chelates are nontoxic and eco-friendly and due to that widely adopted in various end-user industries. The use of these agents in Industrial cleaning and household cleaning boosts the growth of the market within the forecasted period. Moreover, the stringent environment and water protection regulations to reduce the environmental impact of hazardous chemicals are further expected to cushion the overall markets growth. The side-effects related to the addition of chelates along with fluctuations in raw material prices are also projected to hamper market's overall growth.
View Detailed REport: https://www.databridgemarketresearch.com/reports/global-green-chelates-natural-chelating-agents-market
They the usage of chelating agents in pharmaceutical industry and the rise in the use of environmentally-friendly chelating agents are estimated to generate numerous opportunities for the market. On the flip side, the slowdown in supply chain due to COVID-19 which has impeded the growth of the market is projected to pose as a major challenge to the growth of the green chelates/natural chelating agents market.
Green Chelates/Natural Chelating Agents Market Share Analysis
The green chelates/natural chelating agents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to green chelates/natural chelating agents market.
Some of the major players operating in the green chelates/natural chelating agents market report are Eastman Chemical Company, Chevron Phillips Chemical Company, LLC., BASF SE, Sumitomo Chemical Co., Ltd., SHOWA DENKO K.K, Braskem, Shell, Dow, DuPont, Corp-Evonik, Exxon Mobil Corporation., Ineos, LG Chem., Maruzen Petrochemica, Reliance Industries Limited, SABIC., SK global chemical Co., Ltd, HEL GROUP, Lonza, Corning Incorporated, Vapourtec Ltd., Velocys, FutureChemistry, Mitsubishi Electric Corporation., and LyondellBasell Industries Holdings B.V., among others.
Green Chelates/Natural Chelating Agents Market Scope and Market Size
The green chelates/natural chelating agents market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
On the basis of type, the green chelates/natural chelating agents market is segmented into sodium gluconate, EDDS, MGDA, GLAD and others.
On the basis of application, the green chelates/natural chelating agents market is segmented into cleaning, water treatment, agriculture, personal care, food and beverages and others.
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