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Metal Chelating Agents For Cleaning Market - Forecast(2023 - 2028)
Metal Chelating Agents For Cleaning Market Overview
The Metal Chelating Agents For Cleaning Market
size is estimated to grow at a CAGR of 6.3% during the forecast period 2022-2027.
Metal Chelating Agents for Cleaning are biodegradable and non-biodegradable
chemical compounds with inherent functions to bind and capture specific metal
ions and prevent the metal present in domestic cleaning items to form soap
scums. The chelating agents such as sodium gluconate, amino polycarboxylic acid,
organophosphates, glucoheptonate, citric acid and others are majorly used in
the cleaning sector for soaps, detergent, bleaches and others for improving
cleaning performance. The growing
hygiene and cleanliness trend across the world is acting as a major driving
factor in the metal chelating agents for the cleaning market. In addition, the
advancement and development of green chelating agents with zero toxicity are
propelling growth opportunities in the metal chelating agents for the cleaning
industry. The covid-19 outbreak resulted in major disruption in the metal
chelating agents for the cleaning market due to production halt, logistics
restrictions and lockdown restrictions. However, significant recovery in major
end-use industry post-pandemic is boosting the demand for Metal Chelating Agents For Cleaning applications. Thus, the metal chelating agents for the cleaning
industry are anticipated to grow rapidly and contribute to the metal chelating
agents for the cleaning market size during the forecast period.
Metal Chelating Agents for Cleaning Market Report Coverage
The “Metal Chelating Agents For Cleaning Market Report – Forecast (2022-2027)” by IndustryARC,
covers an in-depth analysis of the following segments in the Metal Chelating Agents For Cleaning Market.
Key Takeaways
- The Asia-Pacific dominates the Metal Chelating Agents For Cleaning Market, owing to an established base for cleaning and hygiene awareness in APAC and the rise in industrial cleaners’ production, thereby propelling the growth of Metal Chelating Agents For Cleaning in this region.
- The flourishing industrial cleaning industry is propelling the demand for metal chelating agents for various applications in metal cleaners, descalers, detergents and others, thereby contributing to the growing Metal Chelating Agents For Cleaning Market size.
- The demand for biodegradable green metal chelating agents is high for various cleaning applications and superior cleaning performance, owing to their non-toxicity and environmentally safe properties.
- However, the toxicity
associated with various chelating agents such as ethylenediaminetetraacetic
acid
creates a growth hamper, thereby acting as a major challenge for the metal
chelating agents in the cleaning industry.
Figure: Asia-Pacific Metal Chelating Agents For Cleaning Market Revenue, 2021-2027 (US$ Billion)
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Metal Chelating Agents For Cleaning Market Segment Analysis – by Type
The sodium gluconate segment held a
significant Metal Chelating Agents For Cleaning Market share in 2021 and is
forecasted to grow at a CAGR of 6.5% during the forecast period 2022-2027. The
demand for sodium gluconate is high compared to other types such as amino polycarboxylic acid, organophosphates, glucoheptonate, citric acid and others due to
advantageous features of sodium gluconate such as superior chelating abilities,
non-toxicity and efficiently deactivates the heavy metal ions, thereby
surpassing other types. The sodium gluconate is thereby utilized to remove the
water hardness, deactivate iron metal ions and enhance the cleaning
performance. Thus, with growing applicability for various cleaning products
such as detergents, metal cleaners, soaps, bleaches and others, the sodium
gluconate segment is anticipated to grow rapidly during the forecast period.
Metal Chelating Agents For Cleaning Market Segment Analysis – by End-Use Industry
The industrial cleaning segment held a
significant Metal Chelating Agents For Cleaning Market share in 2021 and is forecasted to grow at a CAGR of 6.8% during
the forecast period 2022-2027. Metal chelating agents have various
applications in the industrial cleaning industry in descalers, detergents,
bleaches, metal cleaners and others. Metal chelating improves the cleaning
performance by deactivating the metal ions and boosts the efficiency of various
cleaning products. The industrial cleaning sector is rapidly growing going to
factors such as rising awareness of cleanliness and hygiene, growing demand for
soaps, metal cleaners and other cleaners and urbanization trends. For instance,
according to the European Cleaning & Facilities Service Industry (EFCI)
Report, the total revenue for the cleaning industry in Europe increased by 8%
to US$135 billion in 2020-21. According to the International Association for
Soaps, Detergents and Maintenance Products, about US$30.07 billion was spent on
household care products, including laundry and dishwashing in Europe in 2019. With
the rising demand for industrial cleaners and cleanliness awareness, the demand
for metal chelating agents for industrial cleaning is growing for applicability
in metal cleaners, detergents, dishwashers and others, which, in turn, is
anticipated to boost the growth for Metal Chelating Agents For Cleaning in the
industrial cleaning industry during the forecast period.
Metal Chelating Agents For Cleaning Market Segment Analysis – by Geography
The Asia-Pacific held the largest Metal Chelating Agents For Cleaning Market share in 2021 up to 42%. The high demand and growth of metal chelating agents for cleaning in this region are influenced by the growing production base for hygiene and cleanliness products for home and industrial spaces and rising income. The industrial cleaning sector in Asia-Pacific is growing rapidly owing to growth factors such as strong awareness for hygiene and cleaning, increasing utilization of metal cleaners, degreasers, descalers and others and urbanization trends. For instance, according to the India Brand Equity Foundation (IBEF), the dishwasher sector in India is expected to reach US$90 million by 2025-26. According to Unilever Integrated Annual Report, the sales of home care products increased from US$135 billion on 31st March 2020 to US$138.83 billion on 31st March 2021 in India. According to Procter & Gamble's (P&G) Annual Report, the fabric & home sector, including Tide and Comet cleaning products, saw a strong growth of 12% in China, with rising in organic sales of 14% in 2020-21. According to International Trade Administration, the soaps & hygiene sector in Thailand held a major share of 14% in 2021. With the rise in home cleaning and industrial cleaning awareness and production, the demand for metal chelating agents for various cleaning products such as soap, detergents, descalers, bleaches and others is rising in APAC, which, in turn, is anticipated to boost the growth for Metal Chelating Agents For Cleaning industry in Asia-Pacific during the forecast period.
Metal Chelating Agents For Cleaning Market Drivers
Growing Demand for Green Chelating Agents:
The green chelating agents are
biodegradable materials that have a growing demand for cleaning in surfactants,
detergents, soaps, bleaches and others. Various green chelating agents such as
L-glutamic acid, N-diacetic acid, MGDA and others are widely used in home and
industrial cleaning. The cleaning industry is rapidly flourishing owing to
growing awareness for cleanliness and hygiene, rising income levels and the production
of cleaners such as detergents, soaps and others. The superior features of
green chelating agents; such as biodegradability, low nitrogen content, environment
sustainability and negligible toxicity, are boosting the demand and
application of green creating agents for various cleaning applications in-home
care products and industrial cleaners. For instance, according to the Qatar
Development Bank (QDB), the demand for toilet soaps is projected to grow at a
CAGR of 1.65% from 36,500 tons in 2018 to 41,600 tons in 2026. Furthermore,
according to the U.S Bureau of Labor Statistics, the producer price index for the soaps & detergent industry rose from 263 in February 2021 to 280.63 in
January 2022. Thus, with the increase in home care products, the
applicability of green chelates is rising in the cleaning sector, thereby boosting
the demand and driving the metal chelating agents for the cleaning industry.
Increasing Awareness of Cleanliness and
Hygiene:
The awareness for maintenance of cleanliness
and hygiene to prevent the spread of diseases is rapidly growing. This is
boosting the demand for soaps, detergents, disinfectants, metal cleaners and
others. The Metal Chelating Agents For Cleaning have applications in soaps,
detergents and others to deactivate the formation of scums and hard water,
thereby working for the cleaning efficiency and performance of cleaners. According
to World In Data, around 71% of the world population has access to basic
Handwashing facilities in 2020. Moreover, various government policies and
programs are implemented to support hygiene and cleanliness awareness. For
instance, Global Handwashing Day on October 15, World Hand Hygiene Day on May
5 and World Toilet Day on November 19 promote cleanliness and hygiene
awareness. With an increase in cleanliness and hygiene across the home and
industrial sectors, the demand for metal chelating agents in cleaning products
is rising, which, in turn, is driving the metal chelating agents in the cleaning
market.
Metal Chelating Agents For Cleaning Market Challenges
Environmental Toxicity from Various Chelating
Agents:
The metal chelating agents such as amino polycarboxylic acid, EDTA, organophosphates, NTA and others have toxic effects on the
environment. The EDTA contains 10% nitrogen, which causes potential damage to
marine species and the marine environment. Moreover, various restrictions on
environmental degradation and the eco-toxicity of various toxic chelating agents hamper
its demand and applicability for cleaning uses. Therefore, due to high toxicity
and potential environmental risks from various chelating agents such as EDTA,
phosphonates, ad others, the metal chelating agents for the cleaning market are
anticipated to face major challenges and slowdown.
Metal Chelating Agents for Cleaning Industry Outlook
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Metal Chelating Agents For Cleaning Market. The top 10 companies in the Metal Chelating Agents for the Cleaning market are:
- BASF SE
- Kemira Oyj
- The DOW Chemical Company
- Nippon Shokubai Co. Ltd.
- Innospec
- AkzoNobel N.V
- Mitsubishi Chemical Corporation
- Nouryon
- ADM
- Hexion
Recent Developments
- In February 2022, Nouryon commissions the biodegradable chelates production facility in the Netherlands, intending to meet the growing demand for eco-friendly liquid laundry products and dishwashing, thereby offering a major growth prospect in the cleaning sector.
- In November 2020, BASF introduced Neutrol MGDA, a biodegradable chelating agent for applications in the personal care sector such as liquid soaps, shampoo and others, thereby offering sustainability and eco-friendly product in the market.
Relevant Reports
Report Code: CMR 0724
Report Code: CMR 0717
Report Code: CMR 0414
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