Methylglycinediacetic acid (MGDA) is a chelating agent used in household cleaning products. It is helpful in removing lime scale due to its power to dissolve fatty acids containing stains. MGDA can be a substitute for phosphates and is used in dishwasher detergent. It prevents hard-water stains from forming. It is more biodegradable than some traditional chelating agents. The global methylglycinediacetic acid market, in terms of revenue, is expected to grow by 14.1 percent annually through 2028, according to a new report by Gen Consulting Company.
This industry report offers market estimates of the global market, followed by a detailed analysis of the application, and region. The global market data on methylglycinediacetic acid can be segmented by application: food & beverage, household, industrial, others. The household segment held the largest share of the global methylglycinediacetic acid market in 2021 and is anticipated to hold its share during the forecast period. Methylglycinediacetic acid market is further segmented by region: North America, Asia Pacific, Europe, Rest of the World (ROW).
As of 2021, the major players in the global methylglycinediacetic acid market were BASF SE, Lishui Brandt Chemical Co. Ltd., Nouryon Holding B.V., Shandong Yuanlian Chemical Co. Ltd., Sino Lion (USA) Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 14.1% |
| Pages | 18 |
| Key Players | BASF SE, Lishui Brandt Chemical Co. Ltd., Nouryon Holding B.V., Shandong Yuanlian Chemical Co. Ltd., Sino Lion (USA) Ltd. |
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