Biodegradable Chelating Agents Market Introduction and Overview
According to SPER Market Research, the Global Biodegradable Chelating Agents Market is estimated to reach USD 8.61 billion by 2032 with a CAGR of 4.73%.
The report includes an in-depth analysis of the Global Biodegradable Chelating Agents market, including market size and trends, product mix, distribution channels, and supplier analysis. Chelating agents are biodegradable chemicals that are commonly used in cleaning and laundry. The main sectors that use these compounds are laundry, surface care, detergents, and homecare products. Common chelating agents have negative environmental effects and are not biodegradable. These contain heavy metals that are highly toxic to soil and water. As more individuals use these goods on a personal level, the demand for biodegradable chelating agents rises. Furthermore, chelating is becoming more common in cleaning goods.
- Neutrol MGDA, a biodegradable chelating agent for personal care applications, was introduced by BASF SE in November 2020. The substance is used to create stable complexes with metal ions, improving the final formulation's durability and characteristics.
- The label of the iron-binding oral medication Ferriprox (deferiprone) was expanded by the U.S. Food and Drug Administration in May 2021 to now include patients ages 3 and older who experienced blood transfusion-induced iron overload brought on by sickle cell disease (SCD) or other anemias.
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Market Opportunities and Challenges
The market for biodegradable chelating agents offers both enormous opportunities and considerable challenges. One of the most important opportunities is to address the growing concern for environmental sustainability. Biodegradable chelating agents are a more environmentally friendly alternative to typical chemical compounds used in industries such as agriculture, textiles, and water treatment. These agents can effectively bind and remove heavy metals and minerals from wastewater and soil, decreasing pollution and environmental damage. Furthermore, they can replace non-biodegradable chelating agents, coinciding with worldwide initiatives to reduce plastic waste and non-biodegradable chemical residues.
However, the market for biodegradable chelating agents faces a number of challenges. To begin, substantial research and development are required to optimize the efficacy of these agents and make them economically competitive with non-biodegradable competitors. It is a difficult effort to strike a balance between effectiveness, cost-efficiency, and environmental impact. Second, regulatory compliance and certification processes can be difficult, as establishing these agents' real biodegradability and safety is critical.
Market Competitive Landscape
The biodegradable chelating agents market's competitive landscape has continued to diversify, with an increasing emphasis on sustainability and ecologically friendly solutions. Major industry players such as ADM, Akzo Nobel, Ascend Performance Material, Ava Chemical Private Ltd, BASF SE, DOW Chemical, Hexion, Kemira, Mitsubishi, Nippon Shokubai.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Product, By Application
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | ADM, Akzo Nobel, Ascend Performance Material, Ava Chemical Private Ltd, BASF SE, DOW Chemical, Hexion, Kemira, Mitsubishi, Nippon Shokubai, Nouryan, Shandong IRO Chelating Chemical, Tosh Corporation
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COVID-19 Impact on Global Biodegradable Chelating Agents Market
As a result of COVID-19 and the subsequent lockdowns in various countries throughout the world, the market for biodegradable chelating agents gradually developed. As a result, as the worldwide market for pulp and paper has shrunk, so has output. The COVID-19 outbreak has had a huge impact on worldwide economic growth and industrial production, which has been linked to the pulp and paper industry. For example, the recent drop in demand for copier paper and printing paper can be ascribed to the closure of colleges and universities.
Key Target Audience:
- Industrial Manufacturers
- Chemical Suppliers
- Agricultural Sector
- Manufacturing Companies
- Research Institutes and Organizations
- Others
Our in-depth analysis of the Biodegradable Chelating Agents Market includes the following segments:
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By Product:
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Amino Polycarboxylates
Citric
Organophosphates
Sodium Gluconate
Others
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By Application:
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Agrochemical
Food & Beverages
Health Care
Pulp & Paper
Water Treatment
Others
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Key Topics Covered in the Report:
- Global Biodegradable Chelating Agents Market Size (FY’2022-FY’2032)
- Overview of Global Biodegradable Chelating Agents Market
- Segmentation of Global Biodegradable Chelating Agents Market By Product (Amino Polycarboxylates, Citric, Organophosphates, Sodium Gluconate, Others)
- Segmentation of Global Biodegradable Chelating Agents Market By Application (Agrochemical, Food & Beverages, Health Care, Pulp & Paper, Water Treatment, Others)
- Statistical Snap of Global Biodegradable Chelating Agents Market
- Expansion Analysis of Global Biodegradable Chelating Agents Market
- Problems and Obstacles in Global Biodegradable Chelating Agents Market
- Competitive Landscape in the Global Biodegradable Chelating Agents Market
- Impact of COVID-19 and Demonetization on Global Biodegradable Chelating Agents Market
- Details on Current Investment in Global Biodegradable Chelating Agents Market
- Competitive Analysis of Global Biodegradable Chelating Agents Market
- Prominent Players in the Global Biodegradable Chelating Agents Market
- SWOT Analysis of Global Biodegradable Chelating Agents Market
- Global Biodegradable Chelating Agents Market Future Outlook and Projections (FY’2022-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Biodegradable Chelating Agents Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Biodegradable Chelating Agents Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Biodegradable Chelating Agents Market
7. Global Biodegradable Chelating Agents Market, By Product, 2019-2032 (USD Million)
7.1 Amino Polycarboxylates
7.2 Citric
7.3 Organophosphates
7.4 Sodium Gluconate
7.5 Others
8. Global Biodegradable Chelating Agents Market, By Application, 2019-2032 (USD Million)
8.1 Agrochemical
8.2 Food & Beverages
8.3 Health Care
8.4 Pulp & Paper
8.5 Water Treatment
8.6 Others
9. Global Biodegradable Chelating Agents Market, By Region, 2019-2032 (USD Million)
9.1 Global Biodegradable Chelating Agents Market Size and Market Share by Region (2019-2025)
9.2 Global Biodegradable Chelating Agents Market Size and Market Share by Region (2026-2032)
9.3 Asia-Pacific
9.3.1 Australia
9.3.2 China
9.3.3 India
9.3.4 Japan
9.3.5 South Korea
9.3.6 Rest of Asia-Pacific
9.4 Europe
9.4.1 France
9.4.2 Germany
9.4.3 Italy
9.4.4 Spain
9.4.5 United Kingdom
9.4.6 Rest of Europe
9.5 Middle East and Africa
9.5.1 Kingdom of Saudi Arabia
9.5.2 United Arab Emirates
9.5.3 Rest of Middle East & Africa
9.6 North America
9.6.1 Canada
9.6.2 Mexico
9.6.3 United States
9.7 Latin America
9.7.1 Argentina
9.7.2 Brazil
9.7.3 Rest of Latin America
10. Company Profiles
10.1 ADM
10.1.1 Company details
10.1.2 Financial outlook
10.1.3 Product summary
10.1.4 Recent developments
10.2 Akzo Nobel
10.2.1 Company details
10.2.2 Financial outlook
10.2.3 Product summary
10.2.4 Recent developments
10.3 Ascend Performance Material
10.3.1 Company details
10.3.2 Financial outlook
10.3.3 Product summary
10.3.4 Recent developments
10.4 Ava Chemical private limited
10.4.1 Company details
10.4.2 Financial outlook
10.4.3 Product summary
10.4.4 Recent developments
10.5 BASF SE
10.5.1 Company details
10.5.2 Financial outlook
10.5.3 Product summary
10.5.4 Recent developments
10.6 DOW Chemical
10.6.1 Company details
10.6.2 Financial outlook
10.6.3 Product summary
10.6.4 Recent developments
10.7 Hexion
10.7.1 Company details
10.7.2 Financial outlook
10.7.3 Product summary
10.7.4 Recent developments
10.8 Kemira
10.8.1 Company details
10.8.2 Financial outlook
10.8.3 Product summary
10.8.4 Recent developments
10.9 Mitsubishi
10.9.1 Company details
10.9.2 Financial outlook
10.9.3 Product summary
10.9.4 Recent developments
10.10 Nippon Shokubai
10.10.1 Company details
10.10.2 Financial outlook
10.10.3 Product summary
10.10.4 Recent developments
10.11 Nouryan
10.11.1 Company details
10.11.2 Financial outlook
10.11.3 Product summary
10.11.4 Recent development
10.12 Shandong IRO Chelating Chemical
10.12.1 Company details
10.12.2 Financial outlook
10.12.3 Product summary
10.12.4 Recent development
10.13 Tosoh Corporation
10.13.1 Company details
10.13.2 Financial outlook
10.13.3 Product summary
10.13.4 Recent development
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
