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Natural Chelating Agents Market Analysis

  • Report ID: GMI5370
  • Published Date: Jun 2024
  • Report Format: PDF

Natural Chelating Agents Market Analysis

The sodium gluconate segment will exceed USD 1.5 billion by 2032, driven by its versatile applications across various industries. As a widely utilized chelating agent due to its non-toxic nature and biodegradability, sodium gluconate is extensively used in detergents, food and beverages, and pharmaceuticals. Its effectiveness in binding metal ions and preventing oxidation contributes to its growing popularity. With increasing demand for eco-friendly alternatives, the sodium gluconate segment will maintain its leading position in the natural chelating agents industry.
 

Natural Chelating Agent Market Revenue Share, By Source, (2023)

The microorganism segment was surpassed USD 1.6 billion in 2023 and will attain gains at nearly 7% up to 2032, due to biotechnological advancements and the proliferation of microbial strains capable of chelation. Industries increasingly turn to microbial fermentation for sustainable alternatives, propelling this segment's growth. Its ability to produce a diverse array of chelators tailored to specific applications ensures its leading position. With a growing emphasis on environmental responsibility, the microorganism segment will emerge as the preferred choice for meeting demand in various sectors.
 

Asia-Pacific Natural Chelating Agent Market Size, 2024 - 2032 (USD Million)

Asia Pacific natural chelating agents market size exceeded USD 822 million in 2023 and will expand at a 7.4% CAGR from 2024 to 2032, propelled by burgeoning industrial activities, expanding agricultural practices, and growing environmental concerns. With increasing adoption across diverse sectors such as food and beverage, pharmaceuticals, and cosmetics, the region will experience substantial growth. Moreover, supportive government initiatives and rising awareness about sustainable practices further contribute to the region's dominance as a key contributor in the natural chelating agent’s industry.

Authors: Kiran Pulidindi , Manish Verma

Frequently Asked Questions (FAQ) :

The market size of natural chelating agents was crossed USD 2.84 billion in 2023 and will register 6.9% CAGR between 2024 and 2032, owing to expanding application areas and rising consumer awareness about sustainability.

The sodium gluconate segment of the natural chelating agent market held a decent share in 2023 and will exceed USD 1.5 billion by 2032, driven by its versatile applications across various industries.

Asia Pacific natural chelating agent market size garnered USD 822 million in 2023 and will expand at a 7.4% CAGR from 2024 to 2032, propelled by burgeoning industrial activities, and the expanding agricultural practices.

Dow, Akzo Noble N.V, Nippon Shokubai Co., Ltd, Kemira OYJ, Innospec, Jungbuzlauer, Van Iperen International, ADOB, and Nouryon among others.

Natural Chelating Agents Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 270
  • Countries covered: 23
  • Pages: 374
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