Global Methylglycinediacetic Acid Market Growth 2023-2029

Global Methylglycinediacetic Acid Market Growth 2023-2029

Methylglycine diacetic acid is an excellent chelating agent that can be used in a wide variety of cleaning products. MGDA has been proven to be efficient in rinsing and stubborn dirt removal. MGDA also shows excellent cleaning power in high efficiency laundry detergent, laundry detergent and soap based detergent. Especially for natural oil, sebum, blood stain, milk stain. Ink stains and stubborn stains such as dirt and protein. The effect is particularly striking. At the same time, its excellent toxicity and easy biodegradation properties ensure that it is the perfect additive for the new generation of sustainable cleaning solutions.

LPI (LP Information)' newest research report, the “Methylglycinediacetic Acid Industry Forecast” looks at past sales and reviews total world Methylglycinediacetic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Methylglycinediacetic Acid sales for 2023 through 2029. With Methylglycinediacetic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Methylglycinediacetic Acid industry.

This Insight Report provides a comprehensive analysis of the global Methylglycinediacetic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Methylglycinediacetic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Methylglycinediacetic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Methylglycinediacetic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Methylglycinediacetic Acid.

The global Methylglycinediacetic Acid market size is projected to grow from US$ 475.9 million in 2022 to US$ 959.7 million in 2029; it is expected to grow at a CAGR of 959.7 from 2023 to 2029.

BASF, and Nouryon are the top 2 companies in global methylglycinediacetic acid market and account for about 95% of total market share. Geographically speaking, Europe holds about 50% of global market share, followed by North America with about 30% share. In terms of type, solution segment holds an important share of about 60%. In terms of application, detergent segment accounts for nearly 80% of the global share.

This report presents a comprehensive overview, market shares, and growth opportunities of Methylglycinediacetic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Solution
Powder

Segmentation by application
Detergent
Pulp and Paper
Textile Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Nouryon
Brandt Chemical
Yuanlian Chemical
Sino Lion
Taihe Water Treatment

Key Questions Addressed in this Report

What is the 10-year outlook for the global Methylglycinediacetic Acid market?

What factors are driving Methylglycinediacetic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Methylglycinediacetic Acid market opportunities vary by end market size?

How does Methylglycinediacetic Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.