TAED Market Report 2020-2027 -A Comprehensive Insights into Current Industry Trends, Forecast and Gr

The global TAED (Tetraacetylethylenediamine) Market is expected to be valued at USD 737.4 Million in 2027 from USD 526.6 Million in 2019, registering a CAGR of 4.2% through the forecast period. The market growth is majorly driven by the sharpening focus on cleanliness and sterilization and a rapid rise in the utilization of detergents and laundry products amongst households. Color-safe bleaching agents have observed a massive demand from the textile and paper industry, which has further increased the market share, thereby driving the market expansion. The chemical has been widely used in automatic dishwasher formulations. It has also extensively been used as a sterilizing agent in several cases, from applications in denture cleaners to modern medical instruments.

TAED has been listed in the Safer Choice Program initiated Environmental Protection Agency (EPA) owing to its rapid biodegradability and minimal toxicity. TAED laundry booster, bleach activator, chemical, washing soda, powder, sodium percarbonate, oxygen bleach, hair bleach, and others are the most demanded products in the market and have been actively influencing the market growth over the last couple of decades. Major manufacturers have engaged and invested in the research and development activities to cater to the growing consumer demand, thereby driving the market growth.

Considerable development in the chemical sector in the emerging economies in the APAC region has bolstered the global supply chain. The developed nations from Europe and North America are dependent on the raw materials or the end-products from Asia Pacific countries such as India and China due to the enormous production capability and affordable prices.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/taed-market

Key Highlights from Report:
• The domestic grade is referred to as the process of manufacturing implemented by the companies to produce end-use products intended for household usage and ordinary individuals. The domestic grade sub-segment is forecast to be the fastest-growing region and is predicted to register a CAGR of 5.3% in the estimated timespan.
• The TAED market is gaining traction owing to the increasing usage in household cleaning and bleaching products. The chemical is extensively used in the manufacturing of detergents and bleaching products.
• Fast-paced urbanization, increasing levels of disposable income, and rising awareness about health issues are the key elements influencing market growth. The rising penetration of sterilizing products amid the pandemic has boosted the market demand significantly. The rapid acceptance of bleaching products is also contributing to the market growth.
• Rapid advancement in production techniques, increasing availability of resources for manufacturing facilities, augmented production capacity, expanded consumer base, and favorable business models have boosted the development of the Asia Pacific market. The region is projected to be the fastest-growing region in the forecast timeframe.
• Major companies of the market include Zhejiang Jinke Peroxides Co., Ltd., Triveni Chemicals, Acura Organics Limited, Warwick Chemicals, Shangyu Jiehua Chemical Co., Ltd., Weylchem Group of Companies, Idchem Co. Ltd., Dongyang Tianyu Chemicals Co., Ltd., Henkel AG & Co., and Panreac Quimica, among others.

For the purpose of this report, Reports and Data has segmented the global TAED market on the basis of form, grade, sales channel, application, and region:

Form Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
• Powder
• Crystalline
• Others

Grade Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
• Domestic Grade
• Industrial Grade

Sales Channel Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
• Online Retails
• Offline Retails

Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
• Detergents
• Bleaching Agent
• Surfactant
• Cleaning Agent
• Others

Regional Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o Japan
o South Korea
o India
o Rest of APAC
• Latin America
o Brazil
o Rest of LATAM
• Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA