The global Tetraacetylethylenediamine (TAED) market size is expected to reach USD 674.94 million in 2028 and register a CAGR of 3.1% over the forecast period, according to the latest report by Reports and Data. Rising application of TAED in household detergents and increasing demand for TAED from the laundry industry are some major factors driving market revenue growth. Besides, rising preference for color-safe bleaching agents in textile & paper manufacturing industry and increasing adoption of TAED in the production of disinfectants would also contribute to market growth in the near future.
Tetraacetylethylenediamine, most commonly known as TAED is an organic compound used as a cleaning or bleaching agent in various end-use industries. TAED is widely used to remove stains on carpets, clothing items, upholstery fabric, countertops, and others.
Top Companies Operating in the Global Tetraacetylethylenediamine (TAED) Market:
AK Chemtech Co. Ltd., Chemsfield Korea Co Ltd., Hongye Chemical Co., Ltd., Idchem Co. Ltd., Spectrum Chemical Manufacturing Corp., Zhejiang Jinke Peroxide Co., Ltd., Weylchem Group of Companies, Acuro Organics Limited, SDC Enterprises, and Shanghai Deborn Co., Ltd.
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Some Key Highlights From the Report:
- In November 2020, Ariel launched Ariel 3in1 PODs, a new laundry product designed with three chambers containing concentrated liquid detergent in a water-soluble film. It offers cleaning, stain removal, and brightness in clothes.
- Powder segment accounted for largest revenue share in the global market in 2020. Rising demand for powder form of TAED for household cleaning, washing, and sterilization products is likely to drive growth of this segment in the near future.
- North America accounted for the second-largest revenue share in global market in 2020. High demand for bleaching agents from numerous industries and presence of various key players in the region are some major factors driving market revenue growth.
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Tetraacetylethylenediamine (TAED) Market Segmentation
Form Outlook (Revenue, USD Million; 2018-2028)
- Powder
- Crystalline
- Others
Grade Outlook (Revenue, USD Million; 2018-2028)
- Domestic Grade
- Industrial Grade
Sales Channel (Revenue, USD Million; 2018-2028)
- Online
- Offline
Application Outlook (Revenue, USD Million; 2018-2028)
- Detergents
- Bleaching Agent
- Surfactant
- Cleaning Agent
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