Global Natural Chelating Agents Market is Segmented By Type(Sodium Gluconate, EDDS, GLDA, MGDA, Others), By Feedstock(Corn, Sugarcane, Biomass, Algae, Others), By Application(Cleaning, Water Treatment, Personal Care, Food & Beverage, Agriculture, Others) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Natural Chelating Agents Market Overview
The Global Natural Chelating Agents Market size is growing at a high CAGR during the forecast period (2023-2030). Chelation is a process that involves the bonding of inorganic or organic ions and molecules to metal ions. The process results in the formation or presence of two or more separate coordinate bonds between a multi-bonded ligand and a single central metal atom. The ligands are known as chelating agents. Chelation is useful in various applications such as providing nutritional supplements through medication, in chelation therapy to remove toxic metals from the body, for use as contrast agents in MRI scanning, in manufacturing process involving the use of homogeneous catalysts, in chemical water treatment to assist in the removal of metals and production of fertilizers.
Natural Chelating Agents Market Summary
|
Metrics |
Details |
|
Market CAGR |
High |
|
Segments Covered |
By Type, By Feedstock, By Application and By Region |
|
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights. |
|
Fastest Growing Region |
Asia Pacific |
|
Largest Market Share |
North America |
To Know More Download Sample
Natural Chelating Agents Market Trends
The demand for natural chelating agents is mainly driven by the increasing shift away from fossil fuel use. The lack of awareness about green chelating agents is the key challenge for the growth of this market.
Increasing strict environmental regulations regarding water usage
Rising urbanization and industrialization have led to unprecedented economic growth, especially in emerging countries. However, it has strained water resources and led to rising water pollution. Haphazard urbanization has left underdeveloped sewage systems that routinely discharge untreated waste straight into rivers. Industrial plants do not treat water before discharging it into water bodies.
Global governments have enforced strict norms against polluting naturally occurring water bodies and illegally discharging wastewater. In emerging countries such as China, which is severely impacted by water pollution, special laws have been implemented to protect people from the harmful impact of wastewater discharge. At the same time, developed nations such as U.S. have stringent laws for drinking water, potable water and wastewater, indicating strict penalties for violators of these laws.
With stringency being maintained at the international level, it is evident that the nations have laid down strict regulations to curb rising water pollution and protect water sources. Therefore, improper discharge of wastewater effluents is dealt with the utmost strictness, rendering industries noncompliant. Water treatment is one of the biggest applications for natural chelating agents. The increasingly stringent environmental regulations for wastewaters are the major driver for the natural chelating agents market.
Lack of awareness about green chelating agents
Green chemical engineering is based on designing advanced technologies that are environmentally friendly to protect human health and ecosystems. Green chemical engineering pursues this principle to minimize industrial waste, reduce the environmental impact of toxic chemicals, and implement new, greener methods for removing heavy metals from industrial waste. An increasing need to educate consumers and industries at large about the use of green chemicals is observed. Chelating technology is a modern research trend that has demonstrated its potential to develop sustainable cleaning technology for various contaminated sites. Hence, natural chelating technology needs to have wider adoption considering its biodegradable and non-toxic nature to the environment. It will be a challenge as people are more familiar with EDTA chelating technologies and with taking time to shift from non-biodegradable to biodegradable natural chelates gradually. The lack of awareness about natural chelating agents is a key challenge for the market's growth.
COVID-19 impact analysis on Natural Chelating Agents Market
The global COVID-19 pandemic had an uneven impact on the value chains of the global natural chelating agents market. Cleaning applications saw a considerable increase due to growing attention toward sanitation and hygiene. Municipal wastewater treatment went largely uninterrupted during the initial lockdown period in early 2020.
However, industrial wastewater treatment was deeply affected due to lockdowns as almost all industrial plants temporarily shut down or scaled back operations to comply with government lockdown directives. Most industrial plants were back running in late 2020 and some overall improvement in the market was observed.
The supply chain disruptions caused by the COVID-19 pandemic have had a knock-on effect on the natural chelating agents market. The supplies of raw materials such as precursor chemicals have been hampered, which rendered the industry unable to meet the global demand. It has, in turn, driving up prices of finished products, thus contributing to global inflation.
The pandemic will have an insignificant impact on the long-term growth of the global natural chelating agents market companies are expected to gradually ramp up capacity utilization as economic activity returns to pre-pandemic levels. The demand for natural chelating agents remains strong and is expected to grow gradually in the coming years.
Natural Chelating Agents Market Segmentation Analysis
The global natural chelating agents market is segmented into type, feedstock, application and region. The global natural chelating agents market is further segmented into cleaning, water treatment, personal care, food and beverage, agriculture and others. Cleaning is leading in this segment. Natural chelating agents are mainly used for household and industrial cleaning applications such as soaps, detergents, sterilization and disinfecting compounds. Water treatment is another major application for natural chelating agents, particularly municipal and industrial. Water treatment and cleaning are the two leading natural chelating agent market applications.
Global Natural Chelating Agents Market Geographical Share
Asia-Pacific is leading in the global natural chelating agents market. Asia-Pacific is leading in the global wastewater treatment services market. The region accounts for the largest market share, primarily due to major emerging markets growing significantly and offering opportunities for various industries. The Asia-Pacific region constitutes approximately 61.0% of the world's population and the manufacturing and processing sectors are growing rapidly in the region.
Countries such as Bangladesh, India, China, Vietnam, Thailand, Indonesia and Malaysia are experiencing rapid industrialization and urbanization. Developed countries such as Japan, South Korea and Taiwan also have large chemical and pharmaceutical industries. Due to haphazard urbanization and underdeveloped infrastructure, many countries have massive water pollution problems.
Water treatment is one of the largest applications for natural chelating agents. Therefore, the largest demand for natural chelating agents comes from this region. The Asia-Pacific region will continue to have the largest market share in the global natural chelating agents market in the coming years.
Natural Chelating Agents Market Companies and Competitive Landscape
The global natural chelating agents market is competitive due to the availability of chelating agents from different manufacturers for various end-use applications. Some of the major players contributing to the growth in the segment are BASF SE, Dow, Akzo Nobel N.V., Nippon Shokubai Co. Ltd, Kemira OYJ, Innospec, Nouryon, Adob, Jungbunzlauer Suisse AG and Van Iperen International. The major market players adopt several growth strategies such as capacity expansion, joint ventures and collaborations, contributing to global growth in the industry.
BASF SE
Overview: BASF SE is a multinational chemicals company among the largest chemical producers in the world. It produces various chemicals, including pesticides, plastics, industrial solvents, catalysts and coatings. The company operates 390 production sites in more than 80 countries through its network of subsidiaries and joint ventures. BASF SE was founded in 1865 and is headquartered in Ludwigshafen, Germany.
Product Portfolio
- Neutrol MGDA is a natural chelating agent for personal care applications. It is water-soluble and maintains its stability across the pH range. The high-temperature stability of Neutrol MGDA means that it can be added at any stage of the manufacturing process. It has a wide range of applications in the personal care sector, such as shower gels, liquid soaps, shampoos, baby cleaning products, skin creams and toothpaste.
Key Developments:
- In November 2021, at the annual SCS Formulate held in UK, BASF SE introduced a new range of natural chelating agents for personal care and cosmetic applications. It includes Inoxilir 100, a natural chelating agent for cosmetics, Hydagen Clean, an agent for polymer production applications and Seanactiv, an agent for eyewear cosmetics.
