Global TAED Market To Register Highest CAGR In North America around USD 678 million by 2028

The global TAED market size was worth around USD 544 million in 2021 and is predicted to grow to around USD 678 million by 2028 with a compound annual growth rate (CAGR) of roughly 3% between 2022 and 2028.

TAED stands for tetraacetylethylenediamine and is an organic compound. It is produced by the acetylation of ethylenediamine, a basic amine with the chemical formula C2H4(NH2)2. Acetylation refers to the chemical reaction of esterification with acetic acid. The process includes the introduction of an acetyl group in the given chemical compound.

Most widely, TAED is used as a critical component in laundry detergents with active oxygen playing the role of bleaching agents including sodium percarbonate, sodium perborate, urea peroxide, and sodium persulfate. During the washing process, the agents release hydrogen peroxide (H202) but the amount of H2O2 released is low when the temperature is below 45°C with the compound undergoing another chemical reaction to form peroxyacetic acid, a different and more efficient bleach.

TAED is produced in two stages with the process being almost quantitative. Powered TAED can be stabilized by granulation technique and although the compound is not well-soluble in cold water, it can dissolve quickly in washing liquor.

During the pandemic, the demand for the product was severely impacted as the global market players witnessed a slight decline in the sales unit of detergents across the globe.

The global TAED market is projected to grow owing to the increasing population worldwide and subsequent demand for washing detergent and cleaning agents. This can be concluded from the growing sales number of detergents across the globe which is further propelled by the increasing number of domestic players and the rise in activities undertaken by international manufacturers to compete in the regional market.

Since TAED is less toxic than its counterparts and can be easily biodegraded, it is becoming a preferred choice amongst the makers of cleaning agents. During wastewater treatment, the compound can be effortlessly removed from the toxic water and is thus a highly recommended agent in cleaning products.

The global market cap may also benefit from the high investments in product innovation adopted by almost all small and large-scale players toasty ahead and relevant since the competition in this sector is at an all-time high which is further fueled by the growing number of laundry services, a common facility in developed nations.

The fluctuating raw material prices may restrict global market growth while increasing marketing and advertising is projected to provide excellent growth opportunities; whereas limited product application could act as a major challenge during the projection period.

The global TAED market is segmented based on form, grade, application, end-user, and region.

Based on form, the global market segments are crystalline, powder, and others. The global market witnessed the highest share in the power segment due to the high demand for the product in domestic and industrial settings. The bulk density for industrial-grade TAED lies between 420 to 750 grams per liter.

Based on grade, the global market is divided into industrial and domestic. The global market generated the highest revenue from the industrial segment with the domestic applications falling short by a very small margin. Industrial-grade detergents act as surface-grade agents. The laundry detergent market was valued at USD 61,717 million in 2020.

Based on application, the global market is divided into detergents, vinyl acetate monomers (VAM), cleansing agents, bleaching agents, and others with the detergents segment generating the highest revenue in 2021. This is due to the presence of high product penetration along with an increasing number of players at the domestic level. Wheel, India’s leading detergent brand sold more than 2000 crore units in 2009 in the Indian market.

Based on end-user, the global market is divided into automobile, construction, textile, food ingredients, pesticides, and others with textile leading with the highest global market share due to increased applications of TAED in detergent manufacturing. As per a recent report, more than 24 million tonnes of soap and detergent were imported across the globe in 2019.

The global TAED market is projected to be dominated by North America in the coming years driven by the presence of key players and their high sales revenue. For instance, Tide, the world’s leading detergent brand and segment of the larger group, Procter & Gamble, contributes more than 10% of the company’s total turnover which was estimated to be 25 billion in 2013. As of 2018, the brand held over 1/5th of the American market. In 2021, Procter & Gamble claimed to be the world’s leading provider of liquid detergents and spent USD 8.09 billion on marketing activities 2021.

Europe may also lead with high CAGR as currently the product has high penetration in the European market as it is the main component in the laundry detergents circulated in the regional market. Studies have indicated regional consumption at 75 kilo tons.

The global TAED market is dominated by players like Muby Chemicals, JINKE Company Limited, idCHEM Co., Ltd., The Lubrizol Corporation, Shandong Chuangying chemical Co. Ltd, Triveni Chemicals, and Haihang Industry.

Recent Developments:

• In August 2021, Trident Ltd announced the company’s plan to enter the laundry business in India with the launch of Tri-Safe
• In January 2022, Tide announced the rise in product price by an average of 8% from February 2022 onwards

This review is based on a report by Zion Market Research, titled “TAED Market By Grade (Industrial, and Domestic), By Form (Crystalline, Powder, and Others ), By End-User (Automobile, Construction, Textiles, Food Ingredients, Pesticides, and Others), By Application (Detergents, Vinyl Acetate Monomer (VAM), Cleaning Agents, Bleaching Agents, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.”- Report at https://www.zionmarketresearch.com/report/taed-market

The global TAED market is segmented as follows:

By Grade

• Industrial
• Domestic

By Form

• Crystalline
• Powder
• Others

By End-User

• Automobile
• Construction
• Textiles
• Food Ingredients
• Pesticides
• Others

By Application

• Detergents
• Vinyl Acetate Monomer (VAM)
• Cleaning Agents
• Bleaching Agents
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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