TAED Market - Forecast(2023 - 2028)

TAED Market is forecast to reach $XX billion by 2025, after growing at a CAGR of 2.7% during 2020-2025, owing to the increasing usage of tetraacetylethylenediamine (TAED) as a bleaching and cleaning agent in various end-use industries. Tetraacetylethylenediamine (TAED) enables clothes to be cleaned effectively and safely at lower temperatures, thereby reducing energy usage and minimizing environmental impact. It is also widely used in automatic dishwasher formulations and as a sterilant in everything from denture cleaners to medical instruments. Thus, it is anticipated that these extensive applications of TAED in various end-use industries will drive the TAED Market substantially during the forecast period.

The report: “TAED Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the TAED Industry.

 

By Application: Bleaching Agents, Cleaning Agents, Detergent, and Others

By Geography: North-America, South-America, Europe, Asia Pacific, and RoW

The detergent application held the largest share in the TAED Market in 2019 and is growing at a CAGR of XX%, owing to the increasing usage of tetraacetylethylenediamine (TAED) as a component of detergents. TAED is a bleach activator that reacts with sources of hydrogen peroxide, such as sodium percarbonate, to produce peracetic acid, which is a powerful stain remover for oxidizable stains, such as coffee, tea, and red wine. Peracetic acid also is a broad-spectrum biocide that kills bacteria, viruses, and spores and is used as a disinfectant for medical instruments. In addition, TAED-enabled powders also deactivate allergens from dust mites, which are a common problem. All these advantages related to TAED are driving its usage in detergent manufacturing, which is anticipated to drive the TAED Market during the forecast period.

Europe region held the largest share in the TAED Market in 2019 up to 40%, owing to the increasing consumer disposable income, strong economic growth, and changing lifestyle, especially in developing countries such as UK, Germany, and France. In addition, factors like usage of advanced technologies for synthesizing product and availability of raw materials is driving the market growth in the region. The continuous population growth is another factor fueling the demand for personal care, soaps, and detergents in the country, which in turn, is augmenting the TAED detergents market. Furthermore, rapid industrial expansion in the country is leading to the rapid development of synthetic detergents, including laundry detergents and household cleaning detergents. The increasing awareness about TAED-based detergent and the growth in industrial advancements in these emerging economies is expected to drive the growth of the TAED Market in Europe.

TAED used for the detergent industry is in granular form, free-flowing, and has several colors (mainly white, green, blue) to choose from depending on users' choice. TAED is typically applied in domestic laundry detergents, automatic dishwashing, bleach boosters, laundry soak treatments, to improve the washing performance. TAED could be applied in textile bleaching to react with hydrogen peroxide in the bleach bath to produce a stronger oxidant. The use of TAED as a bleach activator enables bleaching at lower process temperatures and under milder pH conditions. In the pulp and paper industry, TAED is suggested to react with hydrogen peroxide to form a pulp bleaching solution. The addition of TAED into a pulp bleaching solution results in a satisfactory bleaching effect. These wide applications of TAED are resulting in increased consumption of TAED, which acts as a driver for the TAED Market during the forecast period.

The TAED market growth is spurred by the rapid expansion of the bleaching and cleaning agent industry mainly due to the growing population, urbanization, and increasing disposable income across the regions. TAED is known to be kind to the environment, as it is of very low toxicity.  It has been included in the US Environmental Protection Agency’s (EPA’s) Safer Choice program. TAED has been shown to be readily biodegradable. TAED can be easily degraded by wastewater treatment as its density is less than that of water. Hence, it has less impact on the environment. According to OECD, a typical biodegradability of TAED is 95% DOC removal during 28 days (OECD 301E; IUCLID 2000). Highly water-soluble materials are unlikely to bioaccumulate to any significant degree. The octanol/water partition coefficient (log Kow) is 1.8 for TAED which indicates a low bioaccumulation potential for this substance. Thus the bio-degradable nature of TAED acts as a driver for the TAED Market during the forecast period. 

Due to the Covid-19 Pandemic, the demand for soaps and detergents is substantially increasing. The United Nations Children's Fund (UNICEF) has advised to regularly wash hands and maintain cleanliness and hygiene in the surrounding. And have advised cleaning the surface using soap or detergent and water. According to the National Centre for Disease Control (NCDC), cleaning with water and household detergents and the use of common disinfectant products should be sufficient for general precautionary cleaning. In addition, diluted household bleach solutions may also be used on some surfaces. As it is one of the best possible ways to remove the novel coronavirus (SARS-CoV-2). Thus, the demand for detergents is increasing during the outbreak owing to which the TAED Market is flourishing.

The only limitation of TAED is that it is highly temperature-dependent owing to which the market can see declining usage of TAED in applications such as detergents. Only in the temperature range of 30 to 60 °C highly reactive PAA removes the whole range of colored stains from fabrics and provides a high standard of hygienic wash. Thus, it is anticipated that these disadvantages of TAED may restrain the TAED Market growth during the forecast period.

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the TAED Market. In 2019, the market of TAED has been consolidated by the top five players accounting for xx% of the share. Major players in the TAED Market are AK Chemtech Co. Ltd., Chemsfield Korea Co Ltd., Hongye Chemical Co., Ltd, Idchem Co. Ltd, Warwick Chemicals, Zhejiang Jinke Peroxide Co., Ltd, Weylchem Group Of Companies, Acuro Organics Limited, Shanghai Deborn Co., Ltd., Henkel AG & Co. KGaA, and JINKE Company Limited.