Global Green Chelates/Natural Chelating Agents Market Report and Forecast 2024-2032

Global Green Chelates/Natural Chelating Agents Market Outlook

The global green chelates/natural chelating agents market size was approximately USD 2.61 billion in 2023. The market is projected to grow at a CAGR of 5.1% between 2024 and 2032, reaching a value of around USD 4.09 billion by 2032.

Key Trends in the Market

Green chelates/natural chelating agents refer to natural products with biodegradable properties that are derived from renewable raw materials. As natural chelating agents are biodegradable and reduce environmental threats, they are used in different applications, such as cleaning, water treatment, food, and agriculture applications.

• Consumers’ growing concerns over the environment and increasing demand for sustainable and biodegradable products create opportunities for the green chelates/natural chelating agents market expansion.

• The growth of the agriculture sector and its increased contribution to the economy propel the green chelates/natural chelating agents market growth. Chelating agents are widely used in the agricultural sector, especially in fertiliser and micronutrient formulations. Moreover, the effectiveness of chelates in improving plant productivity and surging the availability of micronutrients is aiding the market expansion.

• Green chelates are widely used in the personal care industry amid the increasing demand for organic and clean-label products among customers. The growing utilisation of natural chelating agents to surge the shelf life and biodegradability of cosmetic products is further bolstering the market growth.

Green Chelates/Natural Chelating Agents Market Segmentation

Based on type, the market is segmented into sodium gluconate, ethylenediamine-N, N'-disuccinic acid (EDDS), L-glutamic Acid N, N-diacetic Acid (GLDA), and methyl glycindiacetic acid (MGDA), among others.

On the basis of application, the market can be divided into cleaning, personal care, water treatment, agriculture, and food and beverage, among others. The major regional markets for green chelates/natural chelating agents are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global green chelates/natural chelating agents market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Syngenta AG (Valagro S.p.A) 

• BASF SE 

• Nouryon Chemicals Holding B.V. 

• Mitsubishi Chemical Group Corporation 

• NIPPON SHOKUBAI CO., LTD. 

• Jungbunzlauer Suisse AG 

• Innospec Inc. 

• Akzo Nobel N.V. 

• Van Iperen B.V. 

• Aquapharm Chemical Pvt. Ltd. 

• Others

Market Share by Application

As per the green chelates/natural chelating agents market analysis, green chelates are extensively used in a variety of end-user industries as they are safe and environmentally friendly. The market is expected to increase at a faster rate during the forecast period due to the use of these agents in both industrial and domestic cleaning.

Green chelating agents are widely used as alternatives to phosphates in cleaning applications due to their biodegradability and superior ecological profiles. The growing concerns over cleanliness and personal hygiene create opportunities for the market.

Additionally, the growth of packaged food products influences the demand for green chelates as these agents shield food items from several enzymatic processes that encourage deterioration during processing and storage.

Market Share by Region

North America represents a significant portion of the green chelates/natural chelating agents market share. This can be attributed to the region's strict environmental and water resource protection legislation, the natural, sustainable, and renewable source formulation process of natural chelating agents, and consumers’ significant demand for packaged foods. The presence of several global chemicals and associated consumer product manufacturers in the United States and Canada also supports the market demand in this region.

Competitive Landscape

Innospec Inc is a prominent speciality chemical manufacturer that boasts operations and research centres in nearly 24 countries. Its additives, chemicals, and formulations are used by different sectors, including polymers, construction, agrochemicals, home care, waxes, and fuel additives, among others.

Akzo Nobel N.V. is a leading manufacturer of paints and coatings, headquartered in Amsterdam, the Netherlands. Its product portfolios such as Dulux, International, Interpon, and Sikkens, among others, are trusted by communities and customers across the world. With a presence in nearly 150 countries, the company serves different sectors like automotive, construction, industrial, manufacturing, and marine.

Mitsubishi Chemical Corporation is a division of Mitsubishi Chemical Holdings Corporation that supports the fundamentals of all kinds of businesses with a broad range of products, ranging from functional goods to materials. The company is a leader in developing cutting-edge technology, which is a result of its global presence and cooperative collaborations.

Other players operating in the green chelates/natural chelating agents market include Syngenta AG (Valagro S.p.A), BASF SE, Nouryon Chemicals Holding B.V., NIPPON SHOKUBAI CO., LTD., Jungbunzlauer Suisse AG, Van Iperen B.V., and Aquapharm Chemical Pvt. Ltd., among others.

Key Highlights of the Report