Chelating agents are a special type of chemical substance that can form coordinated covalent bonds with metal ions through electron pair donors, playing a crucial role in the stability of metal ions. Chelating agents have extensive applications in various fields such as medicine, biochemistry, and environmental chemistry.
Green chelates emphasize the safety of the human body and environment, possess biodegradability, and maintain chelating performance comparable to traditional chelating agents; natural chelating agents usually refer to chelating agents extracted from nature or derived from natural substances. These chelating agents may have unique biological activity and environmental friendliness and may have advantages for certain specific applications.
Overview of Market Development
Green chelates and natural chelating agents are widely used in fields such as chemical engineering, environmental protection, and agriculture due to their environmentally friendly, efficient, and sustainable characteristics. Especially in the chemical industry, green chelates and natural chelating agents, as important environmentally friendly materials, play important roles in wastewater treatment, heavy metal removal, and other aspects. In recent years, with the continuous improvement of public environmental awareness, the demand for green chelating agents and natural chelating agents has continued to grow.
According to our research data, the global sales volume of green chelates and natural chelating agents is expected to reach 1408.1k tons in 2024, an increase of 5.38% compared to 2023; The estimated market revenue is $2267 million, an increase of 3.25% compared to 2023.
Market Analysis of Major Regions
From a regional perspective, the global market for green chelating agents and natural chelating agents is mainly concentrated in North America, Europe, and the Asia Pacific region. These three major regions account for approximately 90% of the global market share. Among them, Europe is the largest sales market. The data shows that the sales volume of green chelating agents and natural chelating agents in the European market is expected to reach 409.5k tons in 2024, with an estimated sales proportion of 30.47%.
Global Green Chelate and Natural Chelating Agent Sales Volume Forecast and Proportion by Region in 2024
Source: www.globalmarketmonitor.com
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the global green chelating agent and natural chelating agent markets is low. The data shows that the total revenue of the green chelate and natural chelating agent markets of the top 3 enterprises in the industry in 2024 is estimated to be $354 million, with an estimated total revenue share of 15.65%. The top three companies are BASF SE, Dow Inc., and Nouryon. In 2024, these three companies are estimated to account for 5.93%, 5.09%, and 4.63% of the global market revenue for green chelates and natural chelating agents, respectively.
Green Chelate and Natural Chelating Agent Market Revenue and Share Forecast
of Main Companies in 2024
|
Companies
|
Market Revenue (Million USD)
|
Share
|
|
BASF SE
|
134
|
5.93%
|
|
Dow Inc.
|
115
|
5.09%
|
|
Nouryon
|
105
|
4.63%
|
|
Top3
|
354
|
15.65%
|
Source: www.globalmarketmonitor.com
Market Outlook Forecast
In the future, with the advancement of technology and the development of industries, the technological level and product performance of green chelating agents and natural chelating agents will continue to improve. New green chelating agents and natural chelating agents will have higher efficiency, lower cost, and better environmental performance, thus meeting the needs of more fields. In addition, from the perspective of the policy environment, governments around the world are continuously increasing their support for the environmental protection industry, providing a favorable policy environment for the development of green chelating agents and natural chelating agents. Meanwhile, with the strengthening of international cooperation, its market space will further expand. It is expected that by 2028, the global sales volume of green chelates and natural chelating agents will increase to 1725.1k tons, and the market revenue is expected to reach $3234 million.
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