Press release
Green Chelating Agents Market Trends by Key Players: BASF, Dow Chemical Company, Kemira Oyj, AkzoNobel NV, Tosoh, Kurita Water Industries, Innospec, Anil Bioplus and VAN Iperen. BASF increased production capacity in Ludwigshafen
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Growing housing chores has accelerated usage of the product worldwide. It is extensively used in dishwashing, surface cleaning and laundry detergents. Residential construction activities are growing with increasing population with significant need for proper clean and maintained houses. The product effectiveness in cleaning support its growing usage in houses. Rising construction of residential buildings will boost green chelating agents market growth.
Extensive usage in manufacturing industry is expected to propel the green chelating agents market size. Global manufacturing industry witness a rise of over 15% of the global GDP, this in turn will boost the demand. Manufacturing industry provides over 13% of employment to people worldwide. It is used to clean equipment’s and machineries to provide better functioning and operations. Its ecofriendly properties have supported its consumption in industrial as well manufacturing activities at a very large scale.
Increasing need for water treatment due to increasing water pollution has boosted demand for green chelating agents market. Component is used to control water scale, water hardness and scale forming calcium and magnesium in the water. It is placed in water treatment plants for pure water used in day to day activities of the people.
Growth in pulp and paper production industry will positively influence green chelating agents market share. It is utilized for stabilization of ozone and hydrogen peroxide action on pulp that prevents it from brightness reversion and bleach potency protection. Growing demand for pulp and paper industry will support product demand in forecast time period.
Demand for consumer products consisting of pharmaceuticals and food industry are increasing at a faster pace. The product prevents canned food from oxidization that leads. It is used in pharmaceutical industry for stabilizing formulation, antioxidants and is added to stored blood in blood banks to prevent clotting. High usage of component in consumer good industry will boost demand for green chelating agents market.
Italy and Germany are one of the largest producer in paper and pulp industry worldwide. Increasing demand for packaging, a main component of German paper exports has raised product utilization. Italy is recognized for its cutting edge paper making technology. Growing paper and pulp industry in these countries will drive overall green chelating agents market in the region.
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Top key players:
Noticeable players of green chelating agents industry includes BASF, Dow Chemical Company, Kemira Oyj, AkzoNobel NV, Tosoh, Kurita Water Industries, Innospec, Anil Bioplus and VAN Iperen. BASF increased production capacity in Ludwigshafen, Germanty in 2015. Aim of expansion was the rapid growing product in detergents and cleaners indsutry. The company is expanding its production by 170,000 metric tons annually from past few years.
Market share calculation in this report is not done based on companies covered in it. The calculation of Green Chelating Agents Market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
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