Global Tetraacetylethylenediamine Market 2016 – 2023: Industry Size, Share, Growth, Trends and Forecast
"The
Latest Research Report Tetraacetylethylenediamine (TAED) Market -
Global Industry Analysis, Size, Share, Trends and Forecast 2016 -
2023 provides information on pricing, market analysis, shares,
forecast, and company profiles for key industry participants. -
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Tetraacetylethylenediamine
or TAED is an organic compound that is an off-white to beige color
powder and has a slight scent. TAED is used as a peroxide bleach
activator in paper pulp and household detergents. TAED is
manufactured by acetylation of ethylenediamine. It is a good “active
oxygen” agent; hence, it is an important ingredient in laundry
bleaches and detergents. Active oxygen agents such as sodium
perborate, urea peroxide, sodium perphosphate, sodium percarbonate,
and sodium persulfate release hydrogen peroxide, which reacts with
TAED in a process called perhydrolysis. This process enables
bleaching to produce active oxygen species even at lower temperature
by forming peroxyacetic ion. TAED can be easily degraded by waste
water treatment as its density is less than that of water. Hence, it
has minimal environmental impact.
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TAED
is used in detergents, cleaning agents, and bleaching agents. In
terms of consumption, the detergents market holds the largest share
of the TAED market with more than three-fourth share. Denture
cleaner, disinfectants, etc. are included in the cleaning application
of TAED, Thus, cleaning application is projected to be the
fastest-growing segment of the TAED market during the forecast
period. The market for disinfectants is expanding rapidly. This, in
turn, is driving growth of the TAED market. However, the market would
have to overcome barriers such as price volatility of raw materials
and limited application areas to meet increasing demand for TAED.
TAED provides white color to paper in the pulp and paper industry.
TAED acts as a bleaching agent in the textile industry. It is also
used in dishwashing. Prices of TAED vary with each region according
to availability of raw materials and technology used in the synthesis
of TAED in that particular region.
The
global market for TAED is primarily concentrated in Europe. Europe
accounts for more than 50% share of the global market for TAED due to
factors such as availability of raw materials, use of advanced
technology to synthesize the product, and awareness among people
regarding application and benefits of TAED. North America and Latin
America holds the second largest market share and are the fastest
growing market for TAED. It is followed by Asia Pacific which is
expanding market for global TAED due to factors such as high
disposable income of consumers and increasing urbanization. Growth in
the textiles market is boosting demand for TAED in Asia Pacific. TAED
has harmful side effects when swallowed, inhaled, or absorbed through
the skin. It leads to irritation of the digestive tract, eyes, and
respiratory system. Extensive Research and development is being
carried out to reduce side effects of TAED and increase its
applications in various fields. Key product manufacturers in the TAED
market are concentrating on emerging countries such as China and
India, which are projected to drive industrial development during the
forecast period.
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Some
of the key manufacturers of TAED are Zhejiang Jinke Peroxides Co.,
Ltd, Warwick Chemicals, Triveni Chemicals, Weylchem Group, Panreac
Quimica, Shangyu Jiehua Chemical Co., Ltd., and Dongyang Tianyu
Chemicals Co., Ltd. The market is fragmented and is expected to
witness decent growth in the near future due to agreements and
partnerships, expansions, and new investments for TAED plants.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
North
America
Asia
Pacific
Europe
Middle
East and Africa
Latin
America
This
report provides comprehensive analysis of
Market
growth drivers
Factors
limiting market growth
Current
market trends
Market
structure
Market
projections for upcoming years
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This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
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