Green Chelating Agents Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI1934
Green Chelating Agents Market size will witness a substantial growth owing its high usage in housing and industrial cleaning. It is an ecofriendly method for cleaning application and is widely used in various industries. It is a formation of two or more coordinates between different atoms. These are organic compounds that has positive effect on environment. Its chemical properties and water soluble nature has raised its demand in various industries and housing applications.
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.
Challenges in green chelating agents market is its harmful effects on human body that include burning sensation, fever, headache and chills. It should be used in an organized manner to eliminate its side effect on human body.
Segmentation in green chelating agents market on the basis of product into sodium gulconate and gulcoheptonate. End user industries includes consumer good industry, industrial, residential and manufacturing. Applications of component in divided into water treatment plants, cleaning, washing, laundry detergent, blood banks and canned food.
Asia Pacific, led by China and India will witness a significant growth in green chelating agents market size due to ever increasing population in the region. Rising number of residential buildings is increasing the product demand for house chores including house cleaning.
The U.S. has one of the biggest waste water treatment plant of the world including Stickney water reclamation plant, Deer Island plant and Blue Plains advanced wastewater treatment plant. The product is extensively used in treatment plants for controlling oxidization and reducing magnesium and calcium content from water. Growing water treatment plants in the country will drive demand for green chelating agents market in North America.
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.
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.
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