Tetraacetylethylenediamine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The tetraacetylethylenediamine market is expected to grow at a CAGR of approximately 3% globally during the forecast period.

Key Highlights

• The rising number of fabrics and growing need for detergents for cleaning purposes are driving the market growth.
• Limited application areas and the associated side effects are expected to hinder the market growth.

Key Market Trends

Growing Demand for Cleaning Purposes

• Tetraacetylethylenediamine has been increasingly used as a detergent and bleaching agent in households and industries. It finds its application in laundry detergents, automatic dishwashing, increasing performance of washing amongst others.
• Detergents made of tetraacetylethylenediamine are used in washing and cleaning textiles and in combination with sodium percarbonate they enable the removal of bleachable heavy stains from fabrics and dishes.
• Tetraacetylethylenediamine activators are safe for consumers and the environment as they have a low eco-toxicological profile and are readily biodegradable.
• TAED is one of the most widely used organic compounds to improve the performance of household detergents. Manufacturers have used sodium perborate as a bleaching agent together with a bleaching activator whose role is to permit the bleaching to occur at a lower temperature.

Europe Region to Dominate the Market

• Europe is expected to dominate the global market owing to the highly developed chemical and textile sectors in Germany, Poland, Turkey, Netherlands, and Russia.
• Moreover, the rising awareness of consumers, regulations of government on the environment and availability of raw materials in the manufacturing of bleaching agents have increased the usage of TAED in various applications in recent times.
• According to the A.I.S.E. (International Association for Soaps, Detergents, and Maintenance Products), the demand and usage of detergents for household cleaning applications are significantly increasing in Europe in recent years.
• According to Eurostat, Italy, Germany, Spain, UK, and France have the considerable shares in the textile production market in Europe as well as account for large chunk of the demand for TAED.
• Increasing cleaning applications in domestic as well as in industrial sectors are expected to drive the market for tetraacetylethylenediamine through the years to come in the region.

Competitive Landscape

The global Tetraacetylethylenediamine market is partially consolidated in nature with a few major players dominating a significant portion of the market. Some of the major companies are Warwick Chemicals, Dongyang Tianyu Chemicals Co., Ltd, Shanghai Deborn Co., Ltd, AK Chemtech Co. Ltd, and Weylchem Group, among others.

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• The market estimate (ME) sheet in Excel format
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