Tetraacetylethylenediamine Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | < 3.00 % |
Fastest Growing Market | North America |
Largest Market | Europe |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Tetraacetylethylenediamine Market Analysis
The tetraacetylethylenediamine market is expected to grow at a CAGR of approximately 3% globally during the forecast period.
- 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.
Tetraacetylethylenediamine Market Trends
This section covers the major market trends shaping the Tetraacetylethylenediamine Market according to our research experts:
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.
Tetraacetylethylenediamine Industry Overview
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.
Tetraacetylethylenediamine Market Leaders
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Warwick Chemicals
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Dongyang Tianyu Chemicals Co., Ltd
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Shanghai Deborn Co
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AK Chemtech Co. Ltd
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Weylchem Group
*Disclaimer: Major Players sorted in no particular order
Tetraacetylethylenediamine Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Increasing Demand for Detergents and Additives
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4.1.2 Growing Applications for Bleaching Agents
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4.2 Restraints
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4.2.1 Limited Application Areas and Side Effects
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4.2.2 Other Restraints
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4.3 Industry Value Chain Analysis
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4.4 Porters Five Forces Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 Application
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5.1.1 Cleaning Agents and Domestic Detergents
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5.1.2 Bleaching Agents
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5.2 Geography
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5.2.1 Asia-Pacific
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5.2.1.1 China
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5.2.1.2 India
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5.2.1.3 Japan
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5.2.1.4 South Korea
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5.2.1.5 Rest of Asia-Pacific
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5.2.2 North America
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5.2.2.1 United States
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5.2.2.2 Canada
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5.2.2.3 Mexico
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5.2.3 Europe
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5.2.3.1 Germany
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5.2.3.2 United Kingdom
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5.2.3.3 France
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5.2.3.4 Italy
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5.2.3.5 Rest of Europe
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5.2.4 South America
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5.2.4.1 Brazil
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5.2.4.2 Argentina
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5.2.4.3 Rest of South America
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5.2.5 Middle-East and Africa
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5.2.5.1 Saudi Arabia
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5.2.5.2 South Africa
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5.2.5.3 Rest of Middle-East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share (%)/Ranking Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 Acuro Organics
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6.4.2 AK Chemtech Co. Ltd
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6.4.3 Chemsfield Korea Co Ltd.
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6.4.4 Dongyang Tianyu Chemicals Co., Ltd
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6.4.5 Henkel
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6.4.6 Shanghai Deborn Co., Ltd
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6.4.7 Warwick Chemicals
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6.4.8 Weylchem Group
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6.4.9 Zhejiang JINKE
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Tetraacetylethylenediamine Industry Segmentation
The Tetraacetylethylenediamine Market report include:
Application | |
Cleaning Agents and Domestic Detergents | |
Bleaching Agents |
Geography | |||||||
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Tetraacetylethylenediamine Market Research FAQs
What is the current Tetraacetylethylenediamine (TAED) Market size?
The Tetraacetylethylenediamine (TAED) Market is projected to register a CAGR of less than 3% during the forecast period (2024-2029)
Who are the key players in Tetraacetylethylenediamine (TAED) Market?
Warwick Chemicals , Dongyang Tianyu Chemicals Co., Ltd, Shanghai Deborn Co, AK Chemtech Co. Ltd and Weylchem Group are the major companies operating in the Tetraacetylethylenediamine (TAED) Market.
Which is the fastest growing region in Tetraacetylethylenediamine (TAED) Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Tetraacetylethylenediamine (TAED) Market?
In 2024, the Europe accounts for the largest market share in Tetraacetylethylenediamine (TAED) Market.
What years does this Tetraacetylethylenediamine (TAED) Market cover?
The report covers the Tetraacetylethylenediamine (TAED) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Tetraacetylethylenediamine (TAED) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Tetraacetylethylenediamine (TAED) Industry Report
Statistics for the 2024 Tetraacetylethylenediamine (TAED) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Tetraacetylethylenediamine (TAED) analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.